What Is the Salary of Canara Bank Clerk

What Is the Salary structure of Canara Bank Clerk post, can you please tell me about this? Also tell me about there perks and the allowance of it? As I want to apply for the post of Clerk in the Canara Bank so please tell me how can I apply for it?

I completed studies and want to build career in banking line planning to join Canara Bank for the post of Clerk searching for some details. Can you tell What Is the Salary of Canara Bank Clerk along with Perks and Allowances offered also provide head office address of this bank?

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Canara Bank is an Indian state-owned bank headquartered in Bangalore, Karnataka.

It was established at Mangalore in 1906, making it one of the oldest banks in the country.

Salary of Canara Bank Clerk

Initially you will get a gross salary around 23k (Jan 2017) and on hand you ll get 20k gross which is similar to all other public sector banks.

Perks and Allowances:

Dearness Allowance (DA): In Bank, DA is revised quarterly and is based on CPI as declared by the banks i.e. DA can go up with higher CPI and vice versa.

House Rent Allowance (HRA): This varies according to Clerks place of posting. And it can be 8.50%, 7.50% and 6.50% depending on metros, big cities, and other locations.

Medical Allowance: This allowance is paid annually. And for a clerk, it is fixed at Rs 2000.

Transport Allowance (TA) It is also an additional amount of IBPS Clerk take home salary.

Increment (%) Basic Pay Total Gross Salary

15% Rs.14,733/- Rs.20,450/-.
20% Rs.15,374/- Rs.21,339/-
25% Rs.16,015/- Rs.22,228/
30% Rs.16,655/- Rs.23,117/-

Contact:

Canara Bank
Head Office
Bangalore
080- 22221581/582/0490/0491/1788/ 1789/ 1790/1984/1985/1986