Bank of Baroda 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
|Total (without HRA)||36570.38|
|Gross with HRA||38703.38|
|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|
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.
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