Calculate Expected Salary & Arrear on Revision of Salary for Officer Scale 1
When salary of bank employees revision takes place ?
Salary revision in public sector banks takes place in every five years.
From When bank employee's salary revision is due to be revised ?
Bank Employees salary revision is due from November 1, 2017.
What results this calculator displays?
It displays monthwise expected revised Basic Pay, Gross Salary from Nov'17 and expected amount of arrear payable on the basis of your inputs with salary paid to you from from Nov'97.
Calculate your expected tentatively amount of Revised Basic Pay, Salary and Arrear on salary revision w.e.f. Nov'17 on the basis of following assumptions.
Revised Basic Pay is calculated here with merger of DA at 6352 points and default load of 9.2% (user of this calculator can change it) on Basic pay to come across gross increase of 12% on pay after DA merger which you can change as per your expectations / assumptions or any information of further talks taking place ahead in coming days.
The default DA caluclations is selected 7% on DA Slabs after merger at 6352 points (existing rate of DA calculations @ 10% of total number of DA slabs). You may change it to options provided hereunder. HRA & Special Allowance rate is kept same. The CCA rate (in case of Officers) the maximum limt at 3% and 4% is assumed as Rs. 1000/- and 1300/- respectively.
For the purpose of calculation of tentative or projected amount of salary and arrear FPP and PQP not kept same but taken here with increase of Rs. 500/- over and above the existing amount.