Go Back   2023 2024 MBA > MBA > Main Forum

  #1  
Old 8th July 2015, 12:52 PM
Unregistered
Guest
 
Default 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?
Reply With Quote Quick reply to this message
  #2  
Old 21st March 2018, 01:33 PM
Unregistered
Guest
 
Default 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?
Reply With Quote Quick reply to this message
  #3  
Old 21st March 2018, 01:34 PM
Super Moderator
 
Join Date: Jul 2012
Default 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.
Reply With Quote Quick reply to this message
Reply

Similar Threads
Thread Thread Starter Forum Replies Last Post
IBS Punjab National Bank Unregistered Main Forum 2 19th March 2018 11:14 AM
Union Bank of India PO Allowances Unregistered Main Forum 2 10th March 2018 10:09 AM
Punjab National Bank BF Unregistered Main Forum 2 8th March 2018 09:24 AM
New CMD of Punjab National Bank Unregistered Main Forum 2 19th February 2018 02:30 PM
Punjab National Bank GZB Unregistered Main Forum 1 3rd December 2016 01:43 PM
UCO Bank Po Salary And Allowances Unregistered Main Forum 1 26th November 2016 12:41 PM
Punjab National Bank IBS Key Unregistered Main Forum 1 7th October 2016 11:54 AM
Punjab National Bank MD Unregistered Main Forum 1 6th October 2016 06:39 PM
Punjab National Bank About Us Unregistered Main Forum 1 6th October 2016 06:18 PM
Perks And Allowances In State Bank Of Mysore Unregistered Main Forum 1 29th September 2016 11:48 AM
Punjab National Bank Mzn Unregistered Main Forum 0 18th July 2015 05:13 PM
Allowances of Canara Bank PO Unregistered Main Forum 0 18th July 2015 01:20 PM
Punjab National Bank VCC Unregistered Main Forum 0 17th July 2015 05:24 PM
Punjab national bank Punjab Unregistered Main Forum 0 17th July 2015 01:15 PM
Difference between State Bank of India and Punjab National Bank Unregistered Main Forum 0 17th July 2015 10:53 AM
Punjab National Bank Online SB Account Opening Schemes Of Punjab National Bank Unregistered Main Forum 0 16th July 2015 11:20 AM
Punjab National Bank CMD Name Unregistered Main Forum 0 15th July 2015 10:53 AM
Punjab National Bank PF Unregistered Main Forum 0 15th July 2015 09:09 AM
Punjab national bank jobs in Punjab Unregistered Main Forum 0 10th July 2015 04:55 PM
Indian Bank Po Allowances Unregistered Main Forum 0 9th July 2015 11:54 AM


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5.5. The time now is 07:35 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0 PL2

1 2