Bank Probationary Officer Salary – Latest Salary after Revision

Here we are telling you about the salary of Probationary Officers after the salary revision which has taken place recently:

Pay Scale: Scale I – Rs. 23700 – (980 x 7 ) – 30560 – (1145 x 2 ) – 32850 – (1310 x 7) – 42020

(the figures in the brackets indicate the annual increment and the number of stages for which the same is applicable)

Hence starting basic salary will be Rs. 23700.00

Dearness Allowance: The new revised current DA (for the month of May 2015, June 2015 and July 2015 is 33.70% of the Basic Pay).

Hence at current rate D.A. will be Rs. 7987.00

Special Allowance: This has been added in 10th BPS (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable.

Hence for this component you will get Rs. 1837.00 + Rs. 619 = Rs. 2456.00

HRA: This depends on the place of posting and it can be either 9.00% or 8.00% or 7.00% depending on the place of posting.

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

Hence Total salary will be approximate Rs. 35000.00 + HRA or Leased house facility.

There will be various perks which will be other than salary. In SBI you will also get 4 additional increments at the time of joining itself.

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