Calculation of Higher HRA @150% of Capital cost / Rent Reciept (in terms of salary revision dt. 11. 11.20)
Fixed Personal Pay (FPP) - Officer & Workmen from 6th BPS to 11 BPS (in terms of salary revision dt. 11. 11.20)
Professional Qualification Pay (PQP) - Officer & Workmen from 1997 to last salary revision dt. 11. 11.20

1. Calculate HRA @150% payable to Officer on the basis of Capital Cost of accomodation & Rent Receipt

If an officer produces a rent receipt, the House Rent Allowance payable to him/her shall be the actual rent paid by him/her for the residential accommodation in excess over 0.50% (as per joint noted dated 11.11.20) of the first stage of the Scale of Pay in which he/she is placed with a maximum of 150% of the House Rent Allowance payable to his/her area of posting.

For caliming HRA @150% on Capital cost basis of self owned House/Flat the officer should stay in the House/Flat for which he/she claim. HRA claimed on Capital Cost is fully taxable.

Calculate Higher HRA Calculation On Capital Cost of House / Flat OR Rent Receipt

You are calculating Higher HRA On Capital Cost (in terms of slaalry revision dt 11.11.20) Switch to Calculate Higher HRA on Rent Receipt
Capital Cost of the Accomodation
Basic Pay + PQP
Select Your Scale
HRA % Payable in the Area of Posting
12% of Capital Cost
1/12 of Capital Cost
Above cost Less Notional Rent of intital stage of scale of pay ( hra as per capital cost)
Calculation HRA at normal rate on BP+PQP
Calculation HRA @150 of normal HRA of BP+PQP to check least of above
HRA @150 Payable

You are calculating Higher HRA On Rent Receipt (in terms of slaalry revision dt 11.11.20) Switch to Calculate Higher HRA On Capital Cost
Rent Piad
Basic Pay + PQP
Actual HRA Recieved
Select Your Scale (To Calculate as per pay revision w.e.f. Nov'17 & Nov'12)
HRA % Payable in the Area of Posting
Rent paid in excess of intial stage of of pay of respective scale
150 % of Actual HRA recd.
HRA @150 Payable

2. Fixed Personal Pay (FPP) payable to Officers / Workmen Employees Rates w.e.f 01.11.1993

The employees / officers who were in the Bank's service as on 01.11.1993 were granted one advance increment on account of computerization in year 1993 and employees on reaching the maximum of respective scales of pay are eligible to be granted Fixed Personal Pay (FPP) equal to the last increment drawn by them in the caddre / scale, on completion of one year in the maximum of the respective scales of pay.

So far the FPP as stated in the joint note that it shall remain frozen for the entire service irrespective of whether the officer concerned is promoted to the next higher scale or workmen promoted to officer cadre. However after the 8th bipartite settlement a clarification was issued by IBA to the effect that if an officer is promoted from one scale to another after reaching the maximum in the previous scale and receiving FPP; the frozen FPP shall continue to be paid till the officer reaches the maximum in the revised scale and after completing one year of maximum in the revised scale the FPP would be revised as applicable to the scale of promotion.

The FPP payable as per from 6^th to 10^th Bipartitie Settlement / Joint note of salary revision payable to Officers / Workmenn employees settlement wise / scale wsie is provided hereunder alongwith a calculator for calculation of FPP difference payable in case the FPP was drawn before promotion from one scale to higher scale / celrical to officer / subordinate to clerical cadre and it was not revised after one year of reaching of the maximum of pay scales of the scale promoted.

Fixed Personal Pay - Rates


Select Cadre and Salary Revision Period

Fixed Personal Pay - Arrear Calculator

Click Here To calculate FPP difference of clerical on promotion from subordinate cadre
Enter details FPP drawn by Officer / workmen before promotion to higher scale, Officer Cadre or to Clerical Cadre
Gross amount of FPP drawn as per salary paid before promotion
Increment Component of FPP drawn before promotion
To Check HRA % (capital cost or normal) payable When FPP was sanctioned - Enter Corresponing Amount dislayed in Col "B"
You were drawing HRA % when FPP becomes due
Enter details FPP payable after promotion to higher scale after reaching maximum of scale of promoted scale
Increment Component of FPP to be payable (as shown above in col 'A')
FPP to be payable (as shown above in col 'B')
HRA percentage was payable on becomes it becomes to payable
Gross amount of revised monthly FPP payable
No. of months arreas to be paid
FPP Gross Arrear payable
PF Deduction
Net amount of FPP Difference payable

3. Professional Qualification Pay (PQP) - Officer & Workmen w.e.f. 1997

Officer : An Officer employee acquiring JAIIB/CAIIB (either or both parts) qualifications after reaching the maximum of the scale of pay, shall be granted from the date of acquiring such qualification the first installment of PQP and the release of subsequent installments of PQP shall be with reference to the date of release of first installment of PQP as under:

Clerical : Workmen who hereafter reach or have already reached 20th stage of the scale and have got increments in consideration of educational qualification(s), Graduation Pay / Professional Qualification Pay shall be payable as under:

PQP Payable to Officer & Workmen are Listed Below Settlement Wise

Graduation Pay / Professional Qualification Pay as Per 11th BPS (w.e.f Nov'17)

Graduation Pay / Professional Qualification Pay as Per 10th BPS (w.e.f Nov'12)