| 21st March 2018 01:34 PM | |
| sumit | Re: Punjab National Bank Pay and Allowances The Salary of Probationary Officer PO in Punjab National Bank is- 23700 - (980 7) - 30560 - (1145 2) - 32850 - (1310 7) 42020 Here, Rs. 23, 700 is the revised basic pay of Bank PO as applicable on 1st January 2016. Thus the new entrant in a Bank as PO is liable to get Rs. 23,700 as basic pay. Rs. 980 is the annual increment that an IBPS PO will get and it will be applicable for a period of 7 years. Punjab National Bank PO Salary 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 Punjab National Bank PO Allowances: Dearness Allowance (DA): In Banks, DA is revised quarterly and is based on the CPI data as revealed by Government of India. The last Revised DA for the quarter of November and December 2015 and January 2016 is 39.80% of the Basic Pay. Special Allowance: According to IBPS POs Latest Revision, a special allowance has been added to the salary structure of Bank Probationary Officer. And it is 7.75% of the Basic Pay. House Rent Allowance: This varies according to Bank Probationary Officers place of posting and can be 9.0% or 8.0% or 7.0% depending upon metros, big cities and other locations. City Compensatory Allowance: This also depends on the place of posting and can be either 4% or 3 % or 0%. Hence the total Salary (without HRA) of Probationary Officer becomes Rs. 35,700 36,570. While considering the HRA into account, it becomes Rs. 37,360 -38,700. |
| 21st March 2018 01:33 PM | |
| Unregistered | Re: Punjab National Bank Pay and Allowances I want to know the Pay and Allowances of Probationary Officer PO in Punjab National Bank so can you tell me? |
| 8th July 2015 12:52 PM | |
| Unregistered | Punjab National Bank Pay and Allowances I want to do job in Punjab National Bank. So I have applied for IBPS Clerk Exam. I want to know about pay scale for Clerks of this Bank. Can you please give information about other Allowances for employees of Allowances? Can I get information about pay scale and other allowances from official website of Punjab National Bank? |
