Competition ZENITH

Written by Competition Zenith Hello readers,  We have previously provided the salary structure for the Probationary officer in a PSU bank (Click Here) , now in continuation of that we are here providing the salary structure that a clerk gets in the banks. These are the figures that will comprise your inhand salary. Apart from these you will be entitled to other perks such as newspaper allowance, medical etc. They are not the part of your in hand salary. Current After 10 th Bipartite settlement Basic Pay 8000 12812 ( 60.15% of DA merged in basic) Dearness Allowance (@109.8%) 8784 5124 (40% of basic as remaining 60% merged in basic salary) 1908 (9.5% increase in final pay slip component) HRA (8.5% of basic) 680 1092 (8.5% of Basic)  Deductions (PF + tax + Union fund + benefit funds) ~  2044 2200 Total Salary (including HRA ) 15420 16828 ...

Written by - Competition Zenith Dear Readers, As many of you have cleared Bank PO and Bank So as well or going to write both the exams  next time. We must congratulate you in clearing two of the most elite bank exams in India. We know that it must be a matter of great confusion and concern that which job is good for you. So we have made a detailed analysis of both the jobs for you. with their pro and cons. It is now up to you to decide. Happy reading. Probationary Officer (PO)/Management Trainee (MT) A Probationary officer (PO) or a Management Trainee (MT) is the first level to enter the banking world. He or she reports to immediate seniors who evaluate his performance in the tasks assigned to him. Initially, a Probationary Officer can be assigned any work from a wide gamut of ongoing banking activities. Normally the probation period is of two years in which the officer is exposed to different types of banking related works. In some banks, the duration may be limi...