Latest Salary structure of Bank PO (Based on April 2015)

Hello Readers,

As many of you have cleared IBPS PO and are a step away from getting in the professional arena. The first and for most question will be how much salary i will be getting after becoming a P.O. ?

Here we have compiled the Salary structure of a bank PO along with the original salary slip of Bank of Baroda PO it will help you summarise the current salary of a PO. 

NOTE - 

• The salary will vary a little cosidering the place of your joining.
• The 10th Bi partite agreement is not taken in the consideration as it's not yet implemented and on implementation the salary of a  Bank PO will increase by atleast 4k - 5k.

S. NO	Particulars	Monthly	Annual
1	Basic	14500	174000
2	DA (@ 110.10% in April 2015)	15965	191580
3	City Compensatory Allowance (CCA).	540	6480
4	HRA (@8.5% of Basic)	1232	14784
	Deductions
5	NPS employee contribution (10% of gross salary)+ Income tax deduction	3700	44400
	Sub Total	28537	342444
	Others
5	Medical Aid	425	5100
6	Entertainment	416	5000
7	Newspaper	250	3000
8	Petrol	1800	21600
9	Canteen Subsidy	250	3000
10	Pension Contribution	1450	17400
11	Mobile / Telephone	300	3600
	Grand Total	33428	401144

* Leased Accommodation is also provided according to your place of joining        

1. 3000 for Rural               

2. 5000 for Urban

3. 8000 for Semi Urban

4. 10000 for Metro cities

SALARY SLIP OF BANK P.O.

Salary structure for clerks will be posted soon. Keep visiting us.