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Old 17th November 2016, 08:46 AM
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Default Petrol Allowance In Corporation Bank

I want to know the petrol allowance in Corporation Bank for Probationary Officer (PO) post so can you tell me?
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Old 17th November 2016, 09:36 AM
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Join Date: Mar 2013
Default Re: Petrol Allowance In Corporation Bank

The Basic salary of Probationary Officer (PO) post in Corporation Bank is 14,500

Corporation Bank Probationary Officer (PO) allowance-

Allowances:

Petrol : 35 lts/month. He said there is a proposal to make it 45lts/month

You can avail FURNITURE LOAN of Rs. 8,0000 on the day of joining itself. The bank won’t deduct even a single rupee from your salary. You need not repay this amount

If you rent a house in the area you have been posted and submit an agreement between you and your owner to the bank, you can avail LEASED ACCOMODATION. Else, you will be given HRA (about 1,200 or 1,300)

Entertainment Expenses – Rs.7000 per year. You will get this on monthly basis

Rs.650 per month for mobile phone

Rs.130 per month for paper

Rs.250 per month as TEA ALLOWANCE

MEDICAL AID of about Rs.5,100 can be claimed per year

*9. Full re-imbursement of hospital bill incase you have any surgery

75% re-imbursement incase of your dependants (spouse and children are sure but your parents get this only if they get pension less than Rs. 3,000 )

PF:

Rs.2,200 will be deducted from your salary for PF. The bank also deposits the same amount every month. So, your monthly PF is Rs. 4,400

Salary-


BASIC - 14,500
DA - 80% OF BASIC (11,600)

BASIC + DA is going to be your in- hand salary, which is Rs. 26,100(will tell about PF later) but he said he was getting Rs.27,000 (Guess he forgot something)
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