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2. Click Here To know salary of Probationary Officer (PO), Clerk and Peon on Joining / Appointment / Recruitment in PSU Banks (Nationalised Banks) in India with latest Dearness allowance payable to bankers. You can view here Pay Scales of Probationary Officer (PO), Clerk and Peon eligible to draw with various allowances in terms of officers / workmen salary revision settlement dated 11.11.2020
This calculator also displays bank contribution to NPS @ 14% and employee contibution 10% to NPS / PF
Pay scale : 36000 - 1490/7 - 46430 - 1740/2 - 49910 - 1990/7 63840
A newly (fresh) recruited Probationary Officer's initial basic pay is Rs. 36000 and your first salary will be :-
(36000-(basic pay) + Special Allowance + Learning Allowance + prevailing Dearness allowance (revises quarterly) + House Rent Allowance + City Compensatory Allowance (HRA & CCA are to be paid as per area of place of posting).
A person joins as Probationary Officers is eligible for availing facility of Rent Free Accommodation/Residence Facility or to draw HRA. The entitlement of monthly rent payable is different from Bank to Bank and area to area of place of posting. A recovery of 0.75% of the first stage of the scale of pay is recovered from the salary of Probationary officer who avails Rent Free Accommodation/Residence Facility.
The Gross salary payable on Appointment will be as under
Clerk - Salary Structure or Pay Scales and Gross Salary of Newly recruited or appointment of clerk in Banks, in terms of salary settlement (11th Bipartite Settlement) dated 11.11.2020
Scales of pay :- 17900 - 1000/3 - 20900 - 1230/3 - 24590 - 1490/4 - 30550 - 1730/7 - 42660 - 3270/1 - 45930 - 1990/1 - 47920
A newly (fresh) graduate recruited clerk will be granted two advance increments on joining and will get initial basic 19900 + Special Allowance + prevailing Dearness allowance (revises quarterly) + House Rent Allowance + Transport Allowance
If you are graduate and joining the Bank as clerk after getting two advance increment of Rs. 1000/- will draw your first gross salary will as under for the current month
Sub Staff (Peon) - Salary Structure or Pay Scales and Gross Salary of Newly recruited or appointment of Peon / sub staff in Banks, in terms of salary settlement (11th Bipartite Settlement) dated 11.11.2020
Scales of pay :- 14500 - 500/4 - 16500 - 615/5 - 19575 - 740/4 - 22535 - 870/3 - 25145 - 1000/3 - 28145
A newly (fresh) recruited person in Subordinate cadre will draw initial basic pay 14500 on appointment and will draw first salary ( basic pay + Special Allowance + prevailing Dearness allowance (revises quarterly) + House Rent Allowance + Transport Allowance.
First month gross salary will be as under for the current month:-