State Bank Of Travancore Probationary Officer Salary
 

I want to build my career in banking line and for this decided to apply for the post of PO in State Bank of Travancore. Can you provide details about the State Bank of Travancore Probationary Officer Salary also provide details about other allowances and perks provided so that I can join?

Re: State Bank Of Travancore Probationary Officer Salary
 

State Bank of Travancore, is a subsidiary of the State Bank Group and also has private share-holders.

PO Salary details:

Basic Pay 23700.00
Special Allowance 1836.75
DA 10163.63
CCA 870
Transport Allowance –
Total (without HRA) 36570.38
HRA 2133.00
Gross with HRA 38703.38

Medical Aid 8000
Entertainment 500
Newspaper 300
Petrol 3000
Telephone 400
Canteen Subsidy 400
Pension Contribution 2500

Gross Annual CTC (with HRA but without leased accommodation) 5,57,640.52

Other allowance:

Dearness Allowance (DA) – It is a cost of living adjustment allowance paid to all govt and public sector Probationary officers.

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.

Special Allowance – This will add in 10th BPS (wef. 01/11/2012) and for Scale, I 7.75% on which DA is also payable

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

Conveyance allowance – It is pay for commuting between home and office.

Contact:

Head Office
P.B. No. 34, Poojapura,
Thiruvananthapuram - 695012
Phone: +91 471 2192009,
Fax: +91 471 2351877