Bank of India Salaries | Newly REVISED PO/SO/Clerk Monthly Pay Scale, BOI Salary Structure, Allowances

Bank of India Salaries

Amazing pay scale has been paid to Bank of India employees, contenders who are keen to make career in Banking Sector, they must check the Bank of India Salaries, as this bank is paying a salary beyond the imagination. On this page we also provide the Newly REVISED PO/SO/Clerk Monthly Pay Scale of Bank of India. If you want to choose Bank of India for your future plan, then don’t worry about the BOI Salary Structure. Along with an amazing Bank of India Pay Scale, you can also get other benefits, perks and allowances according to your experience.

Bank of India has a wide incentive structure of salary. Employees of this Bank live a high quality of life and cater to their social security requirements. Public Sector Banks / Nationalized banks pays a same salary Scale, so in regards, keen seekers can get the new Bank Of India salary of newly joined PO and Officers or Clerk and you can acquire the entire details from this page which is created by www.resultinbox.com please have a look….!

Bank of India Salaries

BOI Salary Structure According to the Post:

SL Post Name BOI Salary
1. Credit officers Rs. 23700-42020 /-
2. Manager Rs. 31705-45950 /-
3. BOI PO Rs.45020-61490 /-
4. BOI Clerk Rs. 29705-33950 /-
5. Senior Manager Rs. 42020-51490 /-

Check Here: Latest Bank Jobs

Other benefits and allowances of Bank Of India:

  • Dearness Allowance
  • Special Allowance
  • House Rent allowance
  • City Compensatory Allowance
  • Leased Accommodation
  • Travelling Allowance

Typical Salary Structure of a Bank PO – Entry Level (Indicative)

Bank Of India PO Salary Major A Class Cities Other Places in Area Other Places
Metro Cities (State Capital etc.) District Level
&Rural Areas
Basic Pay 14500.00 14500.00 14500.00
Dearness Allowance 14485.5 14485.5 14485.5
CCA 540.00 375.00 0.00
Total Salary
(Excluding HRA)
Rs 29525.5 Rs 29360.5 Rs 28985.5
HRA – 8.5% ;
7.5%; 6.5%*
Rs 1232.50 Rs 1087.50 942.50
Total Salary
(Including HRA)
Rs 30758.0 Rs 30448.0 Rs 29927.5

Candidates can also get the Basic Pay of bank officers such as Probationary officers / PO / Management Trainees) with allowances from the below mentioned Para:

  • Dearness Allowance:  Dearness Allowance (DA) will be given to the candidates on quarterly basis in the months of February, May, August and November which is based on the CPI as declared by Government of India.
  • Special Allowance : Dearness Allowance has been given for scale I is 7.75% with added in 10th BPS (01/11/2012)
  • HRA: House Rent allowance is based on the place of posting and candidates can get the 9.0% or 8.0% or 7.0%  of perks depending on the place of posting.
  • CCA: This also depending on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%
  • Leased Accommodation: several banks also give the accommodation / bank quarters in lieu of leased accommodation.
  • Travelling Allowance: banks also provide the travelling Allowance and give the compensation in petrol bills.

Check Now: Career In Banking Sector

Typical Salary Structure of a Bank Clerk – Entry Level (Indicative):

Bank Of India Clerk Salary Places with population Other Places
of more than 45 lakhs of more than 12 lakhs 5 lakh and above, State Capitals / UT etc
Basic Pay 7200.00 7200.00 7200.00 7200.00
DA 6922.80 6922.80 6922.80 6922.80
HRA – 10 ; 9%; 7.5%,7% 720.00 648.00 540.00 504.00
Total Salary (including HRA ) 14842.80 14770.80 14662.80 14626.80

You Can Also Check: Bank PO Salary

Note:

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Check Below Given Links

Central Bank of India Salaries City Union Bank Salaries
Syndicate Bank Salaries Axis Bank Salary
Punjab National Bank Salary IBPS PO Salary

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