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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.

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