Syndicate Bank Salaries | REVISED PO/SO/Clerk/Manager Pay Scale, Monthly Salary Structure & Allowances

Syndicate Bank Salaries

Syndicate Bank Limited comes in the list of reputed banks in India. Many Seekers want to get recruited in this bank as this bank has excellent Monthly Salary Structure & Allowances, so get updates of Syndicate Bank Salaries. Syndicate Bank categorized their pay scale on the basis of different positions Candidates may also check Syndicate Bank revised PO/SO/Clerk/Manager Pay Scale by going through the below section of this page. Employees who are working for Syndicate bank are among the best paid employees in the India.

Candidates who want to brighten up their career in private banks may get details about Syndicate bank salary. As we all are know that posts like PO, Clerk and Asst Manager etc. that are highly paid by the private sector banks so candidates can also take an idea about it. Syndicate Bank offers satisfactory amount of pay scale to both fresher’s and experienced candidates. Those job seekers who are keen to get the Salary Structure of different posts in Syndicate Bank can check the below tailored information, provided by the team members of

Syndicate Bank Salaries

Syndicate Bank PO Salaries:

Bank Jobs are the most popular jobs in India as it offered candidates a bright career options. Candidates can get the Pay scale of PO In Syndicate Bank from the below mentioned table.

PO Pay Scale at Joining Time in India

Pay scale Major A class cities :Metro Cities Other places in Area I(State Capitals etc) Other places(District level and Rural Places)
Basic Salary Rs.14500.00 Rs. 14500.00 Rs.14500.00
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
and other perks & facilities and other perks & facilities and other perks & facilities

Press To Know: Bank PO Salary

Clerk Pay Scale in Syndicate Bank

Candidates can get details about the Pay Scale of clerk in bank with the help of below mentioned table. In metro cities, Clerk in Syndicate bank gets the Rs. 13,345 and in State Capitals, clerks receive Rs. 13,265 from the bank.

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

Syndicate Bank Salaries for Different Designation

Post Name Salary
Assistant Manager – Monthly Rs. 30,725
Assistant Manager- yearly Rs. 4,28,125
PO Rs. 30758
Clerk – Monthly Rs. 30,125
Manager – Monthly Rs. 33,133
Bank Manager- yearly Rs. 4,52,334
Senior Branch Manager – Monthly Rs. 65,332

Find Out More: Bank Jobs

Some Benefits Of Getting Bank Jobs:

  • High-quality salary packages
  • Contented working hours
  • Significant number of leaves
  • Medical benefits & Retirement plans
  • A strong and contented working environment
  • Other compensations on purchase, travel, and education
  • Trouble-free loan availabilities and that too at low interest rates

Scale wise salary structure of Bank Officers

Pay scale Increment After Increment Increment After Increment Increment
Rs. 14500 (Scale I) Rs. 600 for 7 years Rs. 18700 Rs. 700 for 2 years Rs. 20100 Rs. 800 for 7 years
Rs. 19400 (Scale II) Rs. 700 for 1 year Rs. 20100 Rs. 800 for 10 years Rs. 28100
Rs. 25700 (Scale III) Rs. 800 for 5 years Rs. 29700 Rs. 900 for 2 years Rs. 31500
Rs. 30600 (Scale IV) Rs. 900 for 4 years Rs. 34200 Rs. 1000 for 2 years Rs. 36200
Rs. 36200 (Scale V) Rs. 1000 for 2 years Rs. 38200 Rs. 1100 for 2 years Rs. 40400
Rs. 42000 (Scale VI) Rs. 1200 for 4 years Rs. 46800
Rs. 46800 (Scale VII) Rs. 1300 for 4 years Rs. 52000

Read Here To Know: Career In Banking Sector

Candidates, you can obtain information of salaries or Average Salary Structure of any other syndicate Bank through our web portal. Contenders, you can join our web page that is on Face book or Google plus to obtain latest updates of recruitments, results etc on your wall. Aspirants, you can also subscribe us for getting email services which is completely free, to get all career related to Syndicate Bank Salaries directly in your mail box. Applicants, if you have any query related to Syndicate Bank Salaries in India then you can ask in below comment box. Our team will definitely try to solve your problem as soon as possible.

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