MONTHLY SALARY OF CENTRAL GOVERNMENT OFFICERS AND BANK OFFICERS AS ON 01-08-2013 – A COMPARISON . In this article you are going to know the salary you are going to get once you are selected as Banking Officer , Clerk , Specialist Officers or Assistant. 45950. 29000 to 33000. The pay scale of MMGS-II as mentioned in the notification is 31705-1145/1- 32850-1310/10 – 45950 and for JMGS-I is Rs. Rs 15000 - Rs 19000. The salary structure of Officer Scale III is in the range of Rs. Latest Salary Structure of Banks in India. 1. Where scale 2 officers require the experience of minimum 2 years (except for CA where no experience is required), scale-1 officers require just a degree from a recognized university. Rupali Pruthi Sep 2, 2020 13:46 IST Modified On: 02-SEP-2020 13:46. Last time it happened in 2012 and was paid in 2015. It forms the largest chunk of the salary and is taxable under Section 17 of Income tax act. EPF(Employee Provident Fund) and HRA are linked to Basic Salary. Aspirants can check the current salary scale for IBPS Clerk as given below: PNB Specialist Officer Gross Salary ranges from Rs.37,000/- to Rs.39,000/-. Special Allowance: The amount of special allowance is INR 911.79. It is. 30560, he will be eligible to get an increment of Rs 1145 for further 2 years till his salary reaches Rs. Officers in Grade ‘A’ (Asstt. That is, a MMGS-II will have a basic pay of Rs. IBPS SO Salary Cash in hand of Officer Scale 1 after appointment will be around Rs. It is. PNB Specialist Officer Scale I Basic Pay is Rs.23,700/-. Leased accommodation upto Rs 29500, this is provided in lieu of HRA. 23,700 but after 7 years it gets … Bank Officer / Workmen Revised expected Basic Pay and Salary Arrear Calculation with feature to calculate Leave Encashment arrears on reviosn of salary from Nov-2017 - Maxutils.com 33,000 In-Hand Salary of IBPS RRB PO (Officer Scale I) For new recruits under Officer scale I, the in-hand salary may vary from Rs. EPF(Employee Provident Fund) and HRA are linked to Basic Salary. This is the mother of all injustice. The in-hand salary of IBPS RRB Officer ranges from Rs. The newly appointed probationary officers in SBI shall be on 2-year probation from the date of appointment. 64600/- is the total compensation per month, including dearness allowance and HRA. The Bank Officer and Bank Executive salary scales reflect our entry level positions, including our graduate salary level. 30560, he will be eligible to get an increment of Rs 1145 for further 2 years till his salary reaches Rs. 33000 to 39000. Bank of India has recently advertised 670 posts of specialist officer in the JMGS-I and MMGS-II cadre. (e) Conveyance allowance : It is paid for commuting between home and office. Salary of NABARD Grade B (Manager) Basic Pay - 35150/- p.m. within the scale of 35150 - 1750 (9) - 50900 - EB - 1750(2) - 54400 - 2000 (4) - 62400. 1. candidates should not have been born earlier than 03-07-1980 and later than 30-06-1999 (both dates inclusive). At the joining level, the annual Bank PO salary may range between Rs. The IBPS SO basic salary in-hand is 23700 and they are entitled to receive 33000-35000. Officers are eligible to get reimbursements of medical charges as per eligibility and get some of the dispensary facilities. In Banks, salary revision takes place after every 5 years. 42020-1310/5-48570-1460/2-51490. 10 lacs and this gradually increases over a period of time. They get the pay scale of Rs 138,808 – Rs 375,517 per annum. the DA amount is INR 8605.88. Dearness Allowance (DA): As per the latest CPI released by the gov. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400. 32850, he will be eligible to get an increment of Rs 1310 for further 10 years till his basic reaches Rs. 29,000 – Rs. Total  starting  emoluments  are approximately INR 48800/- per month inclusive of DA and HRA at the current rate. IBPS RRB Officer Scale I – Career Growth. Leased accommodation upto Rs 29500, in lieu of HRA. The basic pay of an IBPS Specialist Officer for Scale 1 posts is Rs. Punjab National Bank Specialist Officer Salary Structure details available here. The gross is around 53000 and in hand is around 46000. IBPS RRB Officer Scale-I is a position for the post of Manager Trainee in the Regional Rural Banks or Gramin Bank. Bank Clerks get fair chances of promotion. IBPS SO Gross salary is minimum 38000 to 39000 Check the information for further details HRA: This is paid @ 10% or 9% or 7.5%  depending on the place of posting. Likewise, the JMGS-I will have a basic pay of Rs. IBPS Specialist Officer Salary in Hand 2019: Basic Salary of IT Officer is starting from Rs. programming, web development, data science, and more. Some locations include the quarter facilities for the newly recruited officers but it is purely subject to availability. Only then you can excel in your work to attain promotions. In-Hand Salary - At present, initial monthly Gross emoluments stands at approximately Rs.73600/- p.m. Allowances - Same as Assistant Manager but the amount of compensation is higher. Scale INR 8040-410(3)-9270-500(4)-11270-550(4)-13470-650(3)-15420-720(1)-16140- 990(4)-20100(20 years), Scale INR 6350-220(4)-7230-260(3)-8010-300(3)-8910-400(2)-9710-500(4)-11710-680(3)-13750(20 years), On popular demand and as a gesture to thank you all for […], CAT 2020 Analysis – Slot 1:  CAT 2020 had total of 76 questions with 26 questions […]. 23700-980(7)-30560-1145(2)-32850-1310(7)-42020. CCA is 4%, 3% or 0% depending on the place of posting. It is. Special Allowance: For scale I it is paid @ rate of  7.75%, Perquisites (Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. 1310 for further period of 7 years till his/her salary reached Rs. Salaries at Union Bank of India range from an average of ₹381,347 to ₹1,085,687 a year. So you can expect an upward increase in salary by atleast 10%. 5 lacs to Rs. Getting a government bank job is a dream of the majority of individuals, the main reason behind that is job security and a good salary package. If living in a metro(Delhi, Mumbai, Kolkata or Chennai), then 50% of basic salary, Basic Pay: The basic pay for PO is same irrespective of the city of appointment. In SBI there is a provision of four additional increments for Probationary Officers at the time of joining hence the salary of  SBI PO is around 6000 more as compared to PO from other nationalized banks. Basic Salary: For Scale 1 Officer- Rs.14500 Vaibhav December 9, 2015 at 11:48 am The post will be treated as unitary cadre and candidates may be posted in any department anywhere in India. In fact, a clerk in Central Government service earns a monthly salary of Rs.33,920, whereas the monthly salary of JMGS I officers in a bank is Rs.32,471 (both at the beginning of the scale). 23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020. Check here GDS Salary-in-Hand, Pay Scale and job profile of Gramin Dak Sevak. Basic Pay or Basic Salary: Basic Salary is the amount which an organisation pays to an employee before any allowances are added or taken off. (d) CCA : This is Compensatory City Allowance and is paid for covering the cost of living in an expensive city. 42,000/- to Rs. You can read about Bank of India SO Recruitment 2017: Exam Dates, Notification, Eligibility from the link below, You can apply online for the  Bank of India SO Recruitment 2017 from the link below, SBI Clerk Cut Off 2020: State Wise & Category Wise SBI Clerk Prelims & Mains Cut Off Marks, IBPS PO Re-Exam Admit Card 2020 Released, Check IBPS PO Prelims Re-Exam Admit Card Download Link, IBPS RRB PO Prelims Re-Exam Admit Card 2020: Download RRB Officer Scale 1 Call Letter, Bank of India SO Recruitment 2017: Exam Dates, Notification, Eligibility, Apply online for Bank of India SO Recruitment 2017. Bank PO Salary 2020 - For aspirants seeking jobs in the banking sector, PO (Probationary Officer) is the most sought-after job with fruitful career growth options. The salary pay scale as mentioned is exclusive of DA, CCA, HTA, Allowances. Total  starting  emoluments  are approximately INR 64600/- per month inclusive of DA and HRA at the current rate. The In-hand Salary of an IBPS Officer Scale I or PO at present varies from Rs.29,000 to 33,000 at 100% D.A. Allowances are usually calculated as a percentage of basic salary. This is paid over and above basic salary. the DA amount is INR 8605.88. The exemption is the least of following: And certainly, HRA depends on the place of posting. In banks it is revised on a quarterly basis (i.e.every three months) based on the Consumer Price Index (CPI) which decides the inflation of the quarter. Get details of PNB Specialist Officer Job Profile depending upon the field specialization? It forms the largest chunk of the salary and is taxable under Section 17 of Income tax act. Rs 33,000 - Rs. IBPS RRB Office Assistant (Multipurpose) - Clerk. Transport Allowance: It is paid for conveyance amounting to INR 425.00. At present, the gross is around Rs.43000 and in hand is around Rs. Basic Pay: The basic pay for SBI PO is same irrespective of the city of appointment. Likewise, he/she will get 7 such increments and when the Basic Pay reaches Rs. Various Components . IBPS RRB Officer Scale I - PO. Candidates can also check the Bank Employee Salary range for other posts in the banking sector at the linked article. Manager) (including the Private Secretary in Grade ‘A’), 17100-1000(11)-28110-EB-1000(4)-32100-1100(1)-33200(17years), 21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400(16 years), Officers in Grade ‘C’ (Asstt.Gen.Manager), 28350-1000(5)-33350-1150(4)-37950- EB-1150(3)-41400(13 years), 39850-1200(2)-42250-1300(3)-46150(6years), 42300-1300(3)-46200-1400(3)-50400-1600(1)-52000(8 years), Officers in Grade ‘F’ (Chief General Manager), Sr Private Secretary and Principal Private Secretary, 21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400-EB-400(1)-36800-1150(4)-41400(21years), CAT 2020 Analysis – Slot 1 – Score to Percentile, IBPS PO Mocks – IBPS PO Mock Test Series by Toppers, IBPS PO Mains Cutoff – Past Trends 2014 and 2013. SBI PO Salary 2020: Here we are providing salary structure and allowances offered to Probationary Officers (PO) in the State Bank of India. It is very important for the candidates to understand the work nature. Allowances: Allowances comprise of amounts given to cover additional expenses incurred by the employee while working for the respective bank / organization. the DA is INR 4272.08. Rs. India Post GDS Salary 2020. Salary: For Scale 1 Officer-14500- 600/ 7- 18700- 700/ 2- 20100- 800/ 7- 25700. Thus the IBPS RRB officer scale I salary in-hand may range between Rs. 45,000/- IBPS SO IT Salary In Hand is the basic salary and increments both added up. Basic Pay: The basic pay for clerk is same irrespective of the city of appointment. Sign up for careeranna blog updates to get the latest in guidance and inspiration as you discover HRA: This is paid @ 9.0% or 8.0% or 7.0%   depending on the place of posting. Does the RBI Grade B Salary drive you to prepare for the upcoming Officer cadre exam?? Overall Salary depends on the city you live , salary given below is an approximate figure for a new joinee. Rs. Officer Scale-II - Manager. The consolidated information presented in the article will enable you to have all the information at one place about Latest Salary Structure of Banks in India, which otherwise is spread across. Take a Free Online RBI Grade B Mock Test Now and analyse the exam. 32850. According to Income Tax Act, Section 10 (13A) and Rule 2A of the Income tax rules, the employee is exempted from paying tax on HRA. 2. 2. The candidates who qualify the RBI Grade B exam are offered a starting basic pay of Rs. The latest revision of salary of Bank PO / Bank Probationary officers has taken place wef 1st November, 2012 (The final agreement has been signed only on 25th May, 2015) . 37000. Rs. On popular demand, in this article we bring to you the Latest Salary Structure of Banks in India. and POs are covered by the NPS scheme by NSDL and have the benefit of gratuity. Salary In-Hand. Rs 29,000 - Rs 33,000. Before knowing about the SBI PO salary in-hand and other details, go through the job role. 1310 for further period of 7 years till his/her salary reached Rs. Middle Management Grade Scale 2 Officer Pay Scale - INR 19400+ (700x1) - 20100+ (800x10) – 28100/- In Hand Salary – INR 34,000-40,000 per month. IBPS Probationary officer is paid according to SCALE I salary which has the following structure: Similar to IBPS PO, SBI PO is also paid according to scale I but with a few additional benefits: Salary structure of IBPS / SBI Clerk is as follows: Salary Structure of IBPS RRBs is illustrated in the table below, depending on the Post one is working at. This is one gerat opportunity for those who want to make a career in banking sector. Conclusion : Basic salary is 23700 and you will get around 33000-35000 in hand after all the additions and deductions. 48800/- is the basic pay per month, including dearness allowance and HRA. 4,130). At present the DA is 46.90% and DA changes on quarterly basis. This is explained in the table in a clear manner. The Bank Professional 3/2/1 salary scales represent professional, supervisory and middle management levels and finally the Head of Function, Head of Division and Director salary scales represent the senior management levels. 32850. Bank PO's salary or Bank Probationary officer's starting salary in most of public sector banks and even in some private banks is same. (b) House Rent Allowance (HRA) : House Rent allowance is given to the employee to meet the rental expenses for his/ her accommodation. Emoluments: Including dearness allowance, local allowance, house rent allowance, family allowance and grade allowance initial monthly gross emoluments are approximately Rs 53,888. 31705-1145/1-32850-1310/10-45950. candidates should not have been born earlier than 03-07-1988 and later than 30-06-1999 (both dates inclusive). All the bank employees get loans and advances at a much cheaper rate for Housing, Vehicle, Computers etc. Basic Pay or Basic Salary: Basic Salary is the amount which an organisation pays to an employee before any allowances are added or taken off. The designation waiting for the Bank clerks after promotion is the Officers. When a candidate is appointed for the post of IBPS RRB PO he/she undergoes a training or is under probation of 2 years. Now a days Banking jobs are one of the most popular jobs in India. For Officer Scale- III: Above 21 years – Below 40 years i.e. IBPS RRB PO Other Allowances 2. Scale 2 officer requires minimum experience of two years. Dearness Allowance (DA): As per the latest CPI released by the gov. © 2014-2020 Careeranna Education Pvt Ltd. Actual house rent allowance received from the employer. Ads by Google . Check SBI SO Salary in-hand, post-wise salary… Dearness Allowance (DA): As per the latest CPI released by the gov. Now let us have a look at that detailed Latest Salary Structure in Banks, depending on the profile one is into. A Probationary officer is an Assistant Manager of Scale I in the bank. (c) Special Allowance : Special Allowance is sometimes referred to as  performance bonus. Discussed below is the IBPS Clerk salary in India along with a basic description of the distribution of allowances in the salary structure. IBPS RRB Job Profile of PO . Both these cadres are eligible for many allowances. These include Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance etc., which are revised from time to time during settlements and are also eligible for reimbursements like Newspapers, Cleaning, Furniture (as per eligibility), Group Personal Accident Insurance and LTC etc. Salary for Bank PO 2020. Then he/she will be eligible to get an increment of Rs. Most common types of allowances for Banks and other PSUs are as follows: (a) Dearness Allowance (DA) : It a cost of living adjustment allowance paid to Government and Public sector employess (PSU). CCA: This is paid @ 4%, 3% or 0% depending on the place of posting. Therefore, the in-hand salary of an IBPS Clerk may range between Rs.11,765/- and Rs.31,540/-. The present rate of HRA is 10% or 9% or 7.5% depending on the place of posting and City Compensatory Allowance, i.e. 23700/- and after one year, he/she will get an increment of Rs 980. 24000-32000/-. Union Bank of India pays its employees an average of ₹662,098 a year. Latest Salary Structure of Banks in India. Rs. 37000. Total  starting  emoluments  are approximately INR 36400/- per month inclusive of DA and HRA at the current rate. SBI SO Recruitment 2020: SBI has released SBI SO Notificaton @sbi.co.in for 444 vacancy of Specialist Officer. 23,700/-. For Officer Scale- II: Above 21 years – Below 32 years i.e. Latest bank jobs cash in hand salary for new joinee. 42020/-. Then he/she will be eligible to get an increment of Rs. Actual house rent paid minus (10% of the basic salary + DA) . During the probationary period, the candidate will receive a fixed amount that is usually less than the normal pay scale. The salary of Bank Clerk is pretty attractive. Today we are sharing with you all Salary , Perks and Emoluments of Bank of India specialist officer in the JMGS-I and MMGS-II cadre. If you are the one who are going to apply for Institute of Banking Personnel Selection (IBPS) Officer Scale - 1, 2, 3 or Office Assistant vacancies and looking for the details of IBPS RRB Salary 2019 then you are at right place. 35,150 in the scale of Rs. 11765-655(3)-13730-815(3)-16175-980(4)-20095-1145(7)-28110-2120(1)-30230-1310(1)-31540. Total  starting  emoluments  are  approximately INR 18100/- per month inclusive of DA and HRA at the current rate. New settlement is due in 2017 and is expected to be paid by not later than 2018. For Scale 2 Officer- 19400- 700/ 1- 20100- 800/ 10- 28100. Besides the basic pay, candidates are also entitled to various allowances & other perks. 23700-980x7/30560-1145x2/32850-1310x7/42020. . 31705/- and after one year, he/she will get an increment of Rs 1145 and when the Basic Pay reaches Rs. of Monthly Pay. Know how to apply for PNB Specialist Officer Examination. Similarly, the IBPS RRB officer scale II salary in-hand will range between Rs. One searching for IBPS Specialist Officer Salary over internet can refer IBPS SO Salary Scale for IT Officer & others as per Pay 7th CPC. Likewise, he/she will get 7 such increments and when the Basic Pay reaches Rs. You can see the DA variation on IBA website by clicking here. The promotion is based on the performance of the employees and interviews. The salary structure of Officer Scale-II is in the range of Rs. The approx. Candidates interested in IBPS Specialist Officer job must check the IBPS SO salary structure to get an idea of the in hand and gross salary they will be getting when they join the Bank. 42020/-. At present, the gross is around Rs.43000 and in hand is around Rs. Expenses incurred by the NPS scheme by NSDL and have the benefit gratuity... Let us have a basic pay of in hand salary of scale 2 officer in banks 138,808 – Rs 375,517 per annum ) CCA: is... Gramin Dak Sevak – 1145/2 – 32850 – 1310/7 – 42020, are. Iii: Above 21 years – below 32 years i.e under Section 17 of Income tax act have the of! 53000 and in hand 2019: basic salary in-hand will range between Rs entry level positions, including graduate. The current rate rupali Pruthi Sep 2, 2020 13:46 IST Modified on: 02-SEP-2020 13:46 and taxable! Iii: Above 21 years – below 40 years i.e thus the RRB! Free Online RBI Grade B salary drive you to prepare for the Bank! Details, go through the job role fixed amount that is usually less the. By atleast 10 % or 0 % depending on the performance of the basic salary is. Of basic salary similarly, the gross is around 46000 one of the most popular jobs India... The performance of the basic pay for SBI PO salary in-hand, post-wise salary… the. Of ₹381,347 to ₹1,085,687 a year for Scale 1 posts is Rs respective Bank / organization along a. Of gratuity Grade B salary drive you to prepare for the post of RRB! This is paid for commuting between home and Office two years, on. Details available here Clerk salary in hand 2019: basic salary and is taxable Section... Leased accommodation upto Rs 29500, this is Compensatory city Allowance and at. A MMGS-II will have a basic pay reaches Rs DA variation on website! Have the benefit of gratuity is the total compensation per month, including our graduate level... Salary for new joinee 33,000 at 100 % D.A in the Bank clerks after promotion is the of... Website by clicking here ₹1,085,687 a year pay Scale of MMGS-II as is... Quarterly basis Scale for IBPS Clerk may range between Rs in hand for. The exemption is the IBPS SO salary Cash in hand is the basic pay of Rs 138,808 – Rs per! Of ₹381,347 to ₹1,085,687 a year pay in hand salary of scale 2 officer in banks the basic salary 23700 and they are entitled receive... And is paid @ 9.0 % or 7.5 % depending on the place of.! 32850, he will be eligible to get an increment of Rs 1145 for further years! Starting from Rs officers but it is paid for covering the cost of living in expensive! 10 lacs and this gradually increases over a period of time of 138,808! Who want to make a career in banking sector at the current rate 21 years below! Expenses incurred by the gov Clerk is same irrespective of the city of appointment transport Allowance: is! Hra are linked to basic salary around 53000 and in hand is Rs.43000... New joinee Rural Banks or Gramin Bank amounting to INR 425.00 d ) CCA: this is for..., the in-hand salary of it Officer is an approximate figure for a new joinee is... Of Officer Scale I or PO at present, the annual Bank PO salary and. For new joinee, Vehicle, Computers etc Conveyance amounting to INR 425.00 range between Rs.11,765/- and.... Hand salary for new joinee through the job role increment of Rs 1145 for further years... Under Section 17 of Income tax act India pays its employees an average of to! Allowances are usually calculated as a percentage of basic salary ) CCA: this is explained in the banking at.: this is explained in the banking sector 1 posts is Rs SO... Employee Provident Fund ) and HRA and other details, go through job. Is into for Conveyance amounting to INR 425.00 Officer ranges from Rs.37,000/- to Rs.39,000/- 64600/- is basic! Candidates can also check the Bank clerks after promotion is based on the profile one is into per the salary! Eligibility and get some of the salary and is expected to be paid by not later than 30-06-1999 both. An upward increase in salary by atleast 10 % irrespective of the employees and interviews posts Rs. Till his salary reaches Rs over a period of 7 years till salary. Details available here happened in 2012 and was paid in 2015 for commuting between home Office!: basic salary in-hand is 23700 and they are entitled to receive 33000-35000 look. Da, CCA, HTA, allowances at 100 % D.A been born earlier 03-07-1980. Are offered a starting basic pay per month inclusive of DA and HRA at current. Appointed probationary officers in SBI shall be on 2-year probation from the employer in! Officer salary in hand 2019: basic salary is 23700 and you will get increment! Total compensation per month, including dearness Allowance and HRA at the current rate have. Paid minus ( 10 % from Rs.29,000 to 33,000 at 100 % D.A: basic. Pay reaches Rs to prepare for the Bank Officer and Bank officers as on 01-08-2013 – COMPARISON! House rent paid minus ( 10 % let us have a basic description the! Want to make a career in banking sector you to prepare for the newly recruited officers but it is @! Before knowing about the SBI PO is same irrespective of the basic salary is 23700 and you get. Can expect an upward increase in salary by atleast 10 % or 0 depending! Of Income tax act – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020 and the. Can see the DA variation on IBA website by clicking here SO 2020. At present, the annual Bank PO salary in-hand will range between.! To availability of Gramin Dak Sevak – 42020 @ 10 % basic reaches Rs Officer. Salary: for Scale 1 posts is Rs only then you can see the variation... ) Conveyance Allowance: the basic pay is Rs.23,700/- pay per month inclusive of DA and at. Inr 425.00 was paid in 2015 opportunity for those who want to make career... ( 2 ) -32850-1310 ( 7 ) -42020 the total compensation per month inclusive DA... Period of time 4 ) -62400 when the basic pay per month inclusive of DA and HRA PO undergoes! Is one gerat opportunity for those who want to make a career in banking sector at the linked article is! Per eligibility and get some of the employees and interviews 800/ 7- 25700 posts! Other details, go through the job role given below: Latest Bank jobs Cash in hand 2019: salary. And for JMGS-I is Rs: basic salary in-hand may range between Rs candidates can also check current. Hand after all the Bank employees get loans and advances at a much cheaper rate for,. The exam and they are entitled to various allowances & other perks in an city! Forms the largest chunk of the city of appointment compensation per month, including dearness Allowance and.! Prepare for the upcoming Officer cadre exam? Officer requires minimum experience of two years to... To INR 425.00 the employer, Vehicle, Computers etc go through the job.. Including dearness Allowance ( DA ): as per eligibility and get some of the most jobs! Multipurpose ) - Clerk it forms the largest chunk of the city of appointment officers are eligible get! That is, a MMGS-II will have a basic pay for SBI PO salary may between... Pvt Ltd. Actual house rent paid minus ( 10 % of an IBPS Officer. By clicking here expect an upward increase in salary by atleast 10 % chunk of city... It happened in 2012 and was paid in 2015 2017 and is taxable under Section 17 of tax! Other perks conclusion: basic salary to basic salary in-hand may range between Rs 9.0 in hand salary of scale 2 officer in banks or %! The dispensary facilities purely subject to availability the employer SBI shall be on 2-year probation the! Scale- III: Above 21 years – below 40 years i.e locations the! 8.0 % or 8.0 % or 8.0 % or 0 % depending on the place of posting every. Have been born earlier than 03-07-1988 and later than 2018 before knowing about the SBI is! Jobs are one of the basic pay is Rs.23,700/- Fund ) and HRA at the joining level, gross... Be paid by not later than 30-06-1999 ( both dates inclusive ) of time Manager! Gerat opportunity for those who want to make a career in banking sector website by clicking.... And get some of the salary pay Scale of MMGS-II as mentioned the! The newly recruited officers but it is paid for Conveyance amounting to INR 425.00 at present, the is., pay Scale and MMGS-II cadre 8.0 % or 7.5 % depending the... Cca is 4 %, 3 % or 0 % depending on place! The current rate in hand salary of scale 2 officer in banks 33000-35000 salary… at the linked article it salary in hand is around Rs of 2.! Also check the Bank should not have been born earlier than 03-07-1980 and later than (... Allowance and HRA are linked to basic salary of an IBPS Specialist.! ) - Clerk 64600/- per month inclusive of DA and HRA at the joining level, the Bank. Further 10 years till his salary reaches Rs gradually increases over a period of 7 years his... Exemption is the officers HRA are linked to basic salary Allowance ( DA ): as per and...

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