City Union Bank Salaries
Aspirants who are curious about City Union Bank Salaries and keen to know about Clerk/PO/SO/Manager Pay Scale, they can check this page. Bank Has made changes in the pay scale, so those who are employed or are going to be employed in City Union Bank, can get the new Increment Salary Structure. New Pay Scale of Clerk/PO/SO/Manager in India is designed for those candidates who are participating or going to participate in Recruitment process of City Union Bank.
City Union Bank is regularly working on the attractive compensation package which includes bonus, employee stock options plans etc. Every year City Union Bank hires, Hard working and passionate applicants for filling the vacant posts of PO, Clerk, SO and Manager through a written test and provide them a good salary package.
Earlier this Bank was known as The Kumbakonam Bank Limited. The City Union Bank offers impressive salary package to fresher’s as well as experienced candidates and hiked up their salary time to time. Here on this page www.resultinbox.com is presenting the complete City Union Bank Pay Scale in India. Let’s have a look…!!!
City Union Bank Salaries
Officer And Manager Pay Scale In City Union Bank:
|Branch Manager, Banking||Rs 204,087 – 827,365||Rs 11,400 – 145,579|
|Bank Manager||Rs 297,398 -1,083,048||Rs 21,799 – 194,308|
|Bank Officer||Rs 186,819 – 731,453||Rs 11,196 – 109,897|
|Assistant Manager||Rs. 19,667||–|
|Junior Officer||Rs. 24,158||–|
Press To Know: Bank PO Salary
City Union Bank Clerk Allowances:
Recruited contenders by City Union Bank for the post of Clerk will get various allowances after Bank Allotment of Job.
Basic Salary: the Basic Pay Scale of Clerk in City Union Bank is Rs. 8,000/- and City Union Bank give 1 year tune-up after completion of one year.
Increments: After completion of the 1 year service in City Union Bank, candidates will get the growth of Rs. 400/- and Rs. 500 hiked in 2nd year. In next three years you can avail these increments accordingly.
DA (Dearness Allowances): DA is called Dearness allowances and is revised quarterly for based on CPI (Consumer Price Index) declared by the City Union Bank.
Leased Accommodation: Those, who are appointed as clerk through City Union Bank, will be admissible for Leased Accommodation from recruiting banks
Traveling Allowance: City Union Bank also offers Traveling Allowance to the Clerks. These allowances are based on the distance between the work place and home.
Medical Aid: City Union Bank also pays Medical Allowances to the Clerks per year. Candidates get this allowance for serious issue; employees can also get other medical benefits.
Find Out More: Bank Jobs
Bank Clerk Salary According to Regions:
|Salary||Metropolis (Region With More Than 45 Lakhs Population)||State Capitals (Region With Population Of 12 To 45 Lakhs)||Regions With Population Below 5 Lakhs To 12 Lakhs||Regions With Population Below 5 Lakhs|
|Basic Salary||Rs. 8,000||Rs. 8,000||Rs. 8,000||Rs. 8,000|
|Dearness Allowance||Rs. 4,320||Rs. 4,320||Rs. 4,320||Rs. 4,320|
|HRA||Rs. 800 (10% HRA)||Rs. 720 (9% HRA)||Rs. 600 (7.5% HRA)||Rs. 560 (7% HRA)|
|Transport Allowance||Rs. 225||Rs. 225||Rs. 225||Rs. 225|
|Total Salary||Rs. 13,345||Rs. 13,265||Rs. 13,145||Rs. 13,105|
In Metro Cities, City Union bank PO Revised Salary of Rs. 37,072.00 per month approximately will be given by banks to Employees, who work in State Capital as probationary officers. In State Capitals, probationary officers receive a Rs. 36,716.00 on monthly basis from the bank. Candidates who are selected for District level and Rural Places, they can get the Rs. 36,118.00 from the bank
PO salary In City Union Bank:
Bank PO Salary at Joining Time in India (Approximate)
|Salary||Major A class cities :Metro Cities||Other places in Area I(State Capitals etc)||Other places(District level and Rural Places)|
|Dearness Allowance (110.10%)||Rs. 15964.50||Rs. 15964.50||Rs. 15964.50|
|CCA(4% max Rs.540=)||Rs. 540.00||Rs.375.00||nil|
|HRA (Major A class cities – 8.5%, Other places in Area I -7.5%, Other places – 6.5%)||Rs.1232.50||Rs.1087.50||Rs.942.50|
|Total||Rs. 32237.00||Rs. 31927.00||Rs. 31407.00|
|Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(w.e.f. Nov 2012)||Rs.4835.00||Rs.4789.00||Rs.4711.00|
|Gr Total||Rs. 37,072.00||Rs. 36,716.00||Rs. 36,118.00|
Read Here To Know: Career In Banking Sector
Probationary Officer can also get the various perks and facilities from the bank. so for the acknowledgement of the candidates, we are presenting the this table, so that you can know about City Union Bank PO Salary with perks and all other allowances that are given by the bank.
Perks and others allowances for PO:
Bank PO Perk and Facilities at Joining Time Approx
|Salary||Major A class cities :
|Other places in Cat A Centers(State Capitals etc)||Other places
Category B Centers
Category C Centers
|Leased House Rent||Rs.12,500.00||Rs.10,000.00||Rs.7,500.00||Rs.5,500.00|
|News Paper||Rs. 250.00||Rs. 250.00||Rs. 250.00||Rs. 250.00|
|Business Development Expenses||Rs.300.00||Rs.300.00||Rs.300.00||Rs.300.00|
|Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(w.e.f. Nov 2012)||Rs. 2565.00||Rs.2190.00||Rs.Rs.1770.00||Rs.1410.00|
|Gr Total||Rs.19,665.00||Rs. 16,790.00||Rs.13,570.00||Rs.10,810.00|
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