Bank PO Salary
The Bank PO salary has other included benefits apart from the basic pay. Due to this reason, it is one of the most lucrative jobs for aspirants. Bank PO Job is an Assistant Manager of Scale I in the bank. The Bank PO salary varies as per different posts.
- Bank PO Salary for SBI
- Bank PO Salary for IBPS
SBI PO Salary
SBI PO Salary is considered to be the highest among the Bank PO salaries. The SBI salary structure consists of various parameters along with basic pay.
SBI PO Salary Structure/Breakup
SBI PO Salary (Basic Pay)
There are 4 advance increment held in separate stages:
Increment 1- ₹23700-980/7
Increment 1- ₹30560-1145/2
Increment 1- ₹32850-1310/7
Increment 1- ₹42020
Currently, DA is 46.9% of the basic pay.
This is revised every quarter and is calculated based on the CPI (Consumer Price Index).
City Compensatory Allowance(CCA)
This may vary with the place of posting at 4% or 3%.
Leased House Accommodation
Minimum- ₹8000/-(Rural areas)
Maximum- ₹29500/-(Urban Areas)
SBI PO may take a house on rent, the amount of which varies with posting
SBI assures 100% medical coverage for its employees along with 75% for their family members
Reimbursement of AC 2-tier fare is provided only for official travels.
50 Lts (For 2 wheelers) or
55 Lts (For 4 Wheeler) or
Approx. ₹1100-1250 if you don't have 2/4 wheelers (conveyance allowance).
7.5 lakhs to 12.9 lakhs
Employees get Concession on interest rates
For more information about the SBI Annual Package, SBI PO Salary & Perks, SBI PO In-Hand Salary, SBI PO Salary Slip, SBI PO Job Profile, and SBI Promotion, refer to SBI PO Salary.
IBPS PO Salary
IBPS PO Salary consists of Basic pay, Dearness Allowance, City Compensatory Allowance(CCA), House Rent Allowances, and Special Allowance among other things.
IBPS PO Salary Structure/Breakup
IBPS PO Salary (Basic Pay)
Currently, DA is 40% of the basic pay.
Also, it is revised quarterly and is calculated based on the CPI (Consumer Price Index).
City Compensatory Allowance(CCA)
3% or 4%(depending on the place of posting)
House Rent Allowances
7%-9% of the basic pay
7.75% of the basic pay
There are other allowances and variables included in the IBPS PO Salary such as,
- Leased Accommodation Reimbursement
- Traveling Allowance
- Newspaper Reimbursement
- Medical Aid: The amount is ₹ 8000/- p.a.
- Benefits under New Pension Scheme.
The total salary is Rs. 38703.38 per month, whereas the total annual CTC, including HRA, but without leased accommodation, it is Rs. 5,57,640.52
For more information about the IBPS PO Annual Package, Perks, IBPS PO In-Hand Salary, IBPS PO Salary Slip, IBPS PO Job Profile, and IBPS Promotion, refer to IBPS PO Salary.
Bank Clerk Salary
The Bank Clerk job is mainly related to customer-related problems and supports the resource structure of the Bank.
Every year, several banks conduct various bank clerk exams to bring opportunities for the aspirants. It is one of the most popular jobs among the aspirants as a gateway into the banking system. Few of the Bank Clerk jobs are,
- SBI Clerk
- IBPS Clerk
- IBPS RRB Clerk
The Bank Clerk salary details for various banks are specified in detail below:
SBI Clerk Salary
SBI Clerk is the Junior Associate position in the SBI. The SBI Clerk salary contains various parameters and included allowances and emoluments.
SBI Clerk Salary Structure/Breakup
SBI Clerk Salary Basic Pay
Salary after Increment 1- Rs. 13730/-
Salary after Increment 2- Rs. 16175/-
Salary after Increment 3- Rs. 20095/-
Salary after Increment 4- Rs. 28110/-
Salary after Increment 5- Rs 30230/-
Salary after Increment 6- Rs 31450/-
This is revised on a quarterly basis and is calculated based on the CPI (Consumer Price Index).
Varies as per the place of posting.
For the complete detail including SBI Clerk Pay Scale, Salary Component, SBI Clerk Emoluments, SBI Clerk Salary Slip, SBI Clerk Job Profile, and Career Growth, refer to SBI clerk salary.
IBPS Clerk Salary
IBPS Clerk Salary varies from Rs. 11,765/- to Rs 31,540/-. Apart from this, candidates once selected for the post of clerical cadre in IBPS banks can also avail various emoluments, the details of which can be viewed below and also in our post, IBPS Clerk Salary.
IBPS Clerk Salary Structure/Breakup
City Compensatory Allowance(CCA)
Total (without HRA)
IBPS RRB Clerk
One of the most asked questions among students is the in-hand salary that they would receive in as an officer of Scale I or an assistant in RRB. IBPS RRB Clerk positions include officer scale I, II & III, and office assistant in the Regional Rural Banks across the country. The IBPS RRB salary varies as per the posts.
When you qualify IBPS RRB 2021 exam, as a new joiner, you will receive a pay of Rs. 23,700 as basic pay.
The IBPS RRB Salary includes various parameters like Annual increment, Dearness Allowance, City Compensatory Allowance, House Rent Allowance, etc.
IBPS RRB Officer Scale
IBPS RRB salary- Cash in hand
IBPS RRB Officer Scale I
Rs 30000- Rs 36000
IBPS RRB Officer Scale-II
Rs 36000- Rs 42000
IBPS RRB Officer Scale III
Rs 41000- Rs 47000
Bank SO Salary
The Bank SO (Specialist officer) salary varies across the banks. There are two grades of pots under Bank SO such as Junior Management and Middle Management. The details of the Bank SO Salary and other allowances are given below as per different banks.
SBI SO Salary
SBI SO Salary varies as per different management positions and scales. The SBI SO Salary includes various perks like Reimbursement of the cost of petrol, Tea/Entertainment Expenses, Newspaper Reimbursement, and much more.
Once you qualify SBI SO 2021 Examination, you will be paid as per the given table:
Junior Management Grade Scale I (JMGS I)
Middle Management Grade Scale-II (MMGS II)
Middle Management Grade Scale III (MMGS III)
Senior Management Grade Scale IV (SMGS-IV)
The salary breakup is also into various components like basic pay, DA, HRA, CCA, PF, Contributory Pension Fund, LFC, Medical Facility, etc.
IBPS SO Salary
IBPS SO Grade and Post
Pay Scale and In-Hand Salary
Junior Management Grade Scale 1 Officer
Middle Management Grade Scale 2 Officer
IBPS IT Officer Salary Structure
For more details, you can go through the -
- Job Profile & Salary of IBPS SO HR/ Personnel Officer
- Job Profile & Salary of IBPS SO Agricultural Officer
- Job Profile & salary of IBPS SO Marketing Officer
RBI Bank Salary
RBI, The central bank of India administers two major recruitments exams. They are highly popular among the aspirants and they are a gateway to the Reserve Bank of India. The details of the RBI Salary and other allowances as per the post are given below:
RBI Grade B Salary
The RBI Grade B Salary is as per the pay scale and includes other allowances such as Dearness Allowance, Local allowance, House Rent Allowance, Family allowance and Grade Allowance. RBI Grade B Salary offers a basic pay of ₹ 35,150/- p.m. in the scale of Rs. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 applicable to Officers in Grade B.
RBI Grade B Salary Structure/Breakup
Monthly Gross emoluments
Dearness allowances (DA)
113% of the basic salary
House Rent Allowances (HRA)
can claim up to Rs 70,000
up to 4000 Rupees
Rs. 4000/- per month
150 litres of fuel per month
RBI Grade B Salary includes other allowances such as Mobile Allowance, Sodexo Coupons, Leave Fare Concession Travel (LFC), Briefcase allowance, Spectacles allowances and much more.
RBI Assistant Salary
RBI Assistant Salary has basic pay of Rs. 14650/- per month (i.e. Rs. 13150/- plus two advance increments admissible to graduates only) as per the scale of 13150-750 (3)-15400- 900(4) -19000-1200(6)-26200-1300 (2)-28800- 1480(3) – 33240 – 1750 (1)- 34990 (20 years).
The other component of RBI Assistant Salary is
- Dearness Allowance
- House Rent Allowance
- City Compensatory Allowance
- Transport Allowance
Presently, the monthly Gross emoluments for RBI Assistant is approximately ₹ 36091. There are other perks included in RBI Assistant Salary such as Housing Accommodation (subject to availability), Reimbursement of expenses for maintenance of vehicle for official purpose, Newspaper, Briefcase, Book Grant and much more.