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Old 30th September 2016, 09:22 AM
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Default Salary Structure Of State Bank Of Mysore

I want to know the salary structure of Probationary Officer (PO) post in State Bank Of Mysore so can you please tell me?
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Old 30th September 2016, 10:15 AM
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Join Date: Mar 2013
Default Re: Salary Structure Of State Bank Of Mysore

Starting Salary of Probationary Officer (PO) in in State Bank Of Mysore is approx Rs. 25,000.

Salary in banks decided by all banks management body Indian Banks Association (IBA) and all banks employees umbrella organisation United Forum of Bank Unions (UFBU).

The pay scale for SBI PO is:`23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I.

Presently, the starting basic pay is `27,620/- (with 4 advance increments).

Bank PO Salary at Joining Time (as on 01.04.2015)

PSU Bank PO Salary at Joining Time in India

Salary Major A class Other places in Other places
cities :Metro Cities Area I (State (District level and
Capitals etc) Rural Places)

Basic Salary Rs.14500.00 Rs.14500.00 Rs.14500.00

Dearness Allowance (110.10%) Rs. 15964.50 Rs. 15964.50 Rs. 15964.50

CCA(4% max Rs.540=) Rs. 540.00 Rs.375.00 nil

HRA (Major A class cities - 8.5%, Other places in Area I -7.5%, Other places - 6.5%) Rs.1232.50 Rs.1087.50 Rs.942.50

Total Rs. 32237.00 Rs. 31927.00 Rs. 31407.00

Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(w.e.f. Nov 2012)
Rs.4835.00 Rs.4789.00 Rs.4711.00

Gr Total Rs. 37,072.00 Rs. 36,716.00 Rs. 36,118.00
and other perks & facilities and other perks & facilities and other perks & facilities

Not only this, The official will also be eligible for D.A, H.R.A/Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time. Allowances may vary depending upon the place of posting.

The total compensation per annum would be a minimum of `7.55 lakhs and maximum of `12.93 lakhs depending on place of posting and other factors.
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