Bank Of India PO Pay Scale

Hii Guys , I want to know Bank Of India Probationary Officer Salary and Allowances & Perks Information , Any One Can Please Provide ,me ?

[shikha]

Probationary officer's Starting salary in most of public sector banks and even in some private Banks is same.

Bank PO Salary


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

The revised initial / starting Basic Pay of a Bank Probationary officer / PO will be Rs.23,700/-

Major Allowances Payable on Monthly Basis as part of the Salary to Bank PO:

(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%