Bank Of India Clerk Salary

How much pay scale of clerk is offer by Bank Of India and also get other information related to post?

[shikha]

Feel free I will tell you clerk post pay scale and details offer by Bank Of India so that you can remember easily.

Tentative pay scale
Rs. 11765 - (655x3) - 13730 - (815x3) - 16175 - (980x4) - 20095 - (1145x7) - 28110 - (2120x1) - 30230 - (1310x1) - 31540

(The figures in the brackets indicate the annual increment and the number of stages for which the same is applicable).

Other Benefits
(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 current DA (for the month of May 2016; June 2016, July 2016 has been fixed at 41.90% 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) for clerks it 7.75% on which DA is also payable

(c) HRA : This depends on the place of posting and it can be either 10% or 9% or 7.5% depending on the place of posting

Job Profile
This is the starting point for educated youth in the banks. Usually newly recruited bank staff is given training for few weeks and then they are placed either in a branch or an administrative office.

At the branch, clerical staff is supposed to work as Front Office person and has direct interaction with the public.

However, with most of the banks being fully computerized, the job profile will be related to working on computers and entering the day to day transactions in the system.

Address:-
Bank Of India
STAR HOUSE
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051.

Phone:-
022-66684444