Bank of Baroda PO Salary after Revision | BOB Probationary Officer Salary Slip

Bank of Baroda PO Salary

bob-po-salary

Aspirants who want to know about the Bank of Baroda PO Salary they can check the Bank PO salary Structure on this page with revised Pay Scale or other allowance. Bank of Baroda, Mainpal is a Body Corporate consists under the Banking Companies Act. Every year Bank of Baroda selects so many brilliant and goal oriented candidates on diverse unoccupied positions of Probationary Officer, through a written test followed by Interview or group discussion with good salary package.

The Bank of Baroda offers suitable salary package to its freshers applicants or also amplify the emoluments to its current employees time to time. For getting more information about Bank of Baroda PO Salary after Revision and BOB Probationary Officer Salary Slip, you may go through the entire page which is created by the team of resultinbox.com

Bank of Baroda PO Salary

Basic Pay 23700.00
Special Allowance 1836.75
DA 10163.63
CCA 870
Transport Allowance
Total (without HRA) 36570.38
HRA 2133.00
Gross with HRA 38703.38
Medical Aid 8000
Entertainment 500
Newspaper 300
Petrol 3000
Telephone 400
Canteen Subsidy 400
Pension Contribution 2500
Gross Annual CTC 5,57,640.52

Bank of Baroda PO salary slip

Bank Salary after 7th Pay Commission

Salary Head  Current Amount Payable Revised Amount Payable
Basic Pay (BP) Rs. 14,500 Rs. 27, 865 (With 20% Increase)
Dearness Allowance (DA) Rs. 12,781 Rs. 10,839
House Rent Allowance (HRA) Rs. 1,087 Rs. 2,786
TOTAL In Hand Salary Rs. 28,368 Rs. 41,490

 PO Salary after 10th Bipartite Settlement

After the wage revision, 10th Bipartite have settled for an increase of 15% in the IBPS PO salary. Expected hike in wages after permission of Indian Bank’s Association (IBA) check it.

Increment (Percentage) B Basic Pay  Total Gross Salary
15 Rs.26,706/- Rs.37,068/-
20 Rs.27,866/- Rs.38678/-
25 Rs.29,026/- Rs.40,288/-
30 Rs.30,187/- Rs.41,899/-

Check here: Bank Of Baroda Salaries

IBPS Bank PO Salary and Allowances:

Dearness Allowance – It is a cost of livelihood adjustment allowance paid to all govt. and public sector Probationary officers. It is revised on a quarterly basis and based on Consumer Price Index.

HRA- This depends on the place of posting, and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.

Special Allowance- This will add in 10th BPS and for Scale, I 7.75% on which DA is also payable

CCA- This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3 %( Maximum Rs.600/-) or 0%

Conveyance allowance- It is paid for commuting between home and office.

Other Benefits and Perks Available to Bank PO:

  • Leased Accommodation
  • Travelling Allowance
  • Medical Aid
  • Newspaper Reimbursement

Read Here: Private Banks Vs Government Banks

Career progression for Probationary Officers in Banking Sector with Salary

Junior Management Grade – Scale I: Officer i.e. PO 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
Middle Management Grade – Scale II: Manager 31705 -1145 -32850 -1310 -45950
Middle Management Grade – Scale III: Senior Manager 42020 -1310 -48570 -1460 -51490
Senior Management Grade – Scale IV: Chief Manager 50030 -1460 -55870 -1650 -59170
Senior Management Grade Scale V: Assistant General Manager 59170 -1650 -62470 -1800 -66070
Top Management Grade Scale VI: Deputy General Manager 68680 -1960 -76520
Top Management Grade Scale VII: General Manager 76520 -2120 -85000
Executive Director Approx 1.5 + lac
Chairperson and Managing Director Approx 2 + lac

 You can also check related Links:

Bank Of Baroda PO Admit Card Bank of Baroda Admit Card
Bank of Baroda PO Recruitment BOB Result
Latest Bank Jobs Bank PO Salary

 Manipal PGDBF Program

  • You can crack the JAIIB and CAIIB exam during your 1 year course itself before even joining the branch which is a great advantage because you will have more knowledge and respect in banking if you have these with you in advance which becomes difficult to clear later.
  • It Give you proper On the Job as well as off the Job training
  • You are very much prepared from the First day of joining as PO
  • You are familiarize with the Banking operation more deeply
  • Your Loan will be returned if you are considering as Long term associate with the Banks
  • Your Interest Paid on Loan are also Returned after few years of jobs
  • High Chance of promotion

Bank of Baroda Manipal PO Salary:

The gross salary of BOB Manipal PO is around Rs. 43000/- and the net salary is Rs. 37000/-. That is, a recently recruited PO will have a basic pay of Rs. 23700/- and after one year, he/she will get an augmentation of Rs 980. Similarly, he/she will get 7 such increments and when the Basic Pay reaches Rs. 30560, he will be eligible to get an increment of Rs 1145 for further 2 years till his salary reaches Rs. 32850.

Final Words:

Dear candidates, we hope that you are satisfied with the above mentioned information about Bank of Baroda PO Salary. To get other details about the BOB salary, keep visiting resultinbox.com and visit the Official Link. You may also subscribe us to get free email alerts directly to your inbox or bookmark this page by pressing CTRL+D.

You May Like To Check This Section:

HDFC Bank Salaries Dena Bank Salaries
Syndicate Bank Salaries Axis Bank Salary
Punjab National Bank Salary IBPS PO Salary

Leave a Reply

Your email address will not be published. Required fields are marked *