UCO Bank PO Training Period

What is the duration of PO Probation Training Period at UCO Bank, here I need to know details for what I’m looking?

[shikha]

Don’t worry I will tell you duration of PO Probation Training Period at UCO Bank so that you can remember easily.

Probation Period
A Probationary Officer (PO) in the bank is the starting level appointment for bank officers.

The POs have a one or two years probation period during which they are given exposure to various important functions of the bank such as Loans & Advances, Foreign exchange, Credit Rating, Treasury, Risk Management, IT, Marketing etc

Tentative Pay
Scale I - 23700 - (980 x 7 ) - 30560 - (1145 x 2 ) - 32850 - (1310 x 7) - 42020

Allowances
(a) Dearness Allowance (DA) : DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.

The new revised current DA (for the month of August 2016, September 2016 and October 2016 is 45.50% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.

(b) Special Allowance : This has been added in 10th BPS (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable

(c) HRA : This depends on the place of posting and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.

(d) CCA : This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%


Address:-
UCO Bank
10, B T M Sarani, Kolkata - 700 001
West Bengal
India.