Bank Probationary Officer (PO) Salary 2024 | Monthly in Hand Payment, Promotion & Perks
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Bank PO Salary 2024 (Bank Wise) | ||
---|---|---|
Bank (PO) | Basic Pay | Allowance |
State Bank of India (SBI) | ₹41,960 | ₹10,500 |
Bank of Baroda (BOB) | ₹36,000 | ₹5,904 |
Canara Bank | ₹36,000 | ₹5,904 |
Bank of India (BOI) | ₹36,000 | ₹5,904 |
Punjab National Bank (PNB) | ₹36,000 | ₹5,904 |
Union Bank of India (UBI) | ₹36,000 | ₹5,904 |
Central Bank of India (CBI) | ₹36,000 | ₹5,904 |
Indian Overseas Bank (IOB) | ₹36,000 | ₹5,904 |
Oriental Bank of Commerce (OBC) | ₹36,000 | ₹5,904 |
UCO Bank | ₹36,000 | ₹5,904 |
Syndicate Bank | ₹36,000 | ₹5,904 |
Andhra Bank | ₹36,000 | ₹5,904 |
Corporation Bank | ₹36,000 | ₹5,904 |
Punjab & Sind Bank | ₹36,000 | ₹5,904 |
United Bank of India | ₹36,000 | ₹5,904 |
Bank of Maharashtra | ₹36,000 | ₹5,904 |
☛ Bank Govt Jobs 2023 |
Bank Probationary Officer (PO) Salary 2024
Bank PO Salary 2023 ⬇ | |
---|---|
Bank PO Salary | Amount |
Basic Salary | ₹36,000 - ₹41960/- |
Dearness Allowance (DA) | Rs 21872/- Of Basic Pay |
CCA | Rs 3776/- |
Learning Allowance | Rs 600/- |
Special Allowance | Rs 6881/- |
Gross Salary | Rs 76490/- |
PF | Rs 4196/- |
CPF | Rs 6053/- |
Income Tax | As per rule |
Deductions | Rs 10249/- |
शुरुआती इन-हैंड वेतन | Rs.66241/- (Approx Per Month) |
☛ Sarkari Exam |
Bank PO Salary 2024
Bank PO Salary gets various allowances. Some of these allowances are DA, HRA, CCA, and details.
Bank ALLOWANCES ⬇ | |
---|---|
ALLOWANCES | DETAILS |
Dearness Allowance (DA) | 26% Of( Basic Pay) |
House Rent Allowance (HRA) | 7% - 9% by Location |
City Compensatory Allowance | 3% - 4% depending on location |
Medical Allowance | 100% covered |
Traveling Allowance | AC 2-tier fare reimbursed |
Petrol Allowance | Rs. 1,100 - 1,250 |
Newspaper Allowance | Varies based on Cadri |
Entertainment Allowance | Varies based on Cadri |
Book Allowance | Varies based on Cadri |
Other Allowances | Varies based on Cadri |
☛ SARKARI EXAM |
Bank PO Salary Structure 2023
Bank PO Salary Allowances
The standard responsibilities of a Bank PO predominantly occur in an office environment, primarily situated in urban and metropolitan regions. Their core duties revolve around maintaining office facilities and overseeing document management. Moreover, in 2023, Bank POs receive a range of allowances, as detailed in the table presented below.
Bank PO Salary ALLOWANCES⬇ | |
---|---|
ALLOWANCE | AMOUNT |
HRA (House Rent Allowance) | 7% - 9% depending on Place of Posting |
TA (Travel Allowance) | As Per Applicable |
DA (Dearness Allowance) | 26% of the Basic Salary |
Additional | Digitization and the Digital Work, Bonus on Festival, and other |
☛SBI Govt Jobs 2023 |
UCO Bank PO Salary Slip
The UCO Bank Probationary Officer (PO) receives a salary consisting of a basic pay of ₹36,000.00, dearness allowance (DA) of ₹14,011.20, and various allowances like house rent allowance (HRA), city compensatory allowance (CCA)/local allowance, special allowance, and others, totaling ₹2,520.00. With additional components such as rent allowance, urban hardship allowance, and special allowances, the gross salary amounts to ₹62,266.56.
Bank PO Salary Promotion
The Bank Probationary Officer (PO) position offers a competitive starting salary with attractive benefits and allowances. What makes it particularly appealing is the excellent scope for career growth within the State Bank of India. Through a well-defined promotion policy and ongoing training opportunities, diligent officers can quickly advance to higher managerial roles, making the SBI PO job a coveted position in the banking sector.
Bank PO Promotion & Salary 2023 | |
---|---|
Post Name | Salary (Per Month) |
Assistant Manager | Rs 45000/- |
Assistant General Manager | Rs 89,760/- |
Deputy Manager | Rs 50,160/- |
Manager | Rs 60,960/- |
Chief Manager | Rs 74,460/- |
Assistant General Manager | Rs 2,57,860/- |
Chief General Manager | Rs 1,55,860 /- |
Deputy General Manager | Rs 1,07,860/- |
Deputy Managing Director | Rs 2,01,860/- |
General Manager | Rs 1,29,860/- |
✦ Check more details below (⬇) |
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Probationary Officer Salary 2023 Faqs
⭐What is the basic salary of a Probationary Officer (PO)?The basic salary for a Probationary Officer is Rs. 41,960 per month.
⭐What is Dearness Allowance (DA), and how much does it add to the basic salary?Dearness Allowance (DA) for an SBI PO is Rs. 21,872 per month. It is an allowance provided to employees to compensate for the rising cost of living.
⭐Can you explain the acronym "CCA" and its amount in the salary structure?CCA stands for City Compensatory Allowance, and for an SBI PO, it amounts to Rs. 3,776 per month. It is an allowance provided to employees working in cities with a higher cost of living
⭐What is the purpose of the Learning Allowance and Special Allowance?The Learning Allowance for a PO is Rs. 600 per month, and the Special Allowance is Rs. 6,881 per month. These allowances are designed to support the professional development and well-being of the employees.
⭐ After all deductions, what is the approximate in-hand salary for a Probationary Officer?After deductions, the approximate in-hand salary for a Probationary Officer is Rs. 66,241 per month. This figure represents the salary an employee takes home after various deductions, including Provident Fund (PF), Income Tax, and other deductions as per the rules.
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