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Bank Salary 2020 BANK PO/Clerk/SO Pay Scale & After 7th Pay Commission

Bank Salary

Banking jobs are most preferable jobs among youth, because of lucrative Bank Salary and reputed job. Since 7th Pay Commission has been implemented, Bank Salary Structure of BANK PO/Clerk/SO is very impressive. So, let’s check out the pay scale as per private and public sector banks.

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Bank Salary In India

Check Bank Manager Salary In India/ Bank Cashier Salary In India/ Bank Branch Manager Salary In India, After 7th Pay Commission from here. Despite of monthly Bank pay scale In India, an employee also entitled to get perks, allowances and other benefits.

Bank Salary

Well, recruitment in the banking sector is depend upon 3 stages of selection process as Prelim Exam, Mains exam and last stage is Interview and after that lucky candidates will get recruited on their desired positions. 

Bank Salary Structure In India

City Union Bank SalariesDena Bank Salaries
IDBI Bank SalariesCentral Bank Of India Salaries
Syndicate Bank SalariesIBPS PO Salary
HSBC Bank Salary In IndiaICICI Bank Probationary Officer Salary
SBI Clerk Salary StructureSBI PO Salary Structure

Candidates selected will get impressive amount of pay band depending upon the particular bank whether private or government, potions whether Probationary officer, Specialist Officer or clerk and many other factors. So, candidates get a glimpse of what banks are offering to their employees, you just have to strike the link specified on particular bank.

Bank Salary

Bank Of Baroda Salary

Everyone knows about the Bank Of Baroda Bank and also that that the bank provides various recruitment facilities. For adding up the information we are providing here the Bank Of Baroda PO Salary, Bank Of Baroda SO Salary and also the Bank Of Baroda Clerk Salary.

Average Salary for Bank of Baroda Employees: Rs. 699k

Name Of PostSalary
BOB PO SalaryRs.30758.0
BOB Clerk SalaryRs.14842.80
BOB SO SalaryRs.3, 89, 444/-

 

PositionAverage Pay Scale
Branch Manager, BankingRs. 363k – Rs. 1m
Assistant Branch Manager, BankingRs. 278k – Rs. 880k
Credit ManagerRs. 362k – Rs. 1m
Bank OfficerRs. 299k – Rs. 1m
Retail BankerRs. 255k – Rs. 1m
Administrative / Office ManagerRs. 294k – Rs. 2m
Bank ClerkRs. 181k – Rs. 502k

Get Here>>Bank Of Baroda Salary

Deutsche Bank Salaries in India

Deutsche Bank is German global banking and financial services company. There are various positions in Deutsche Bank for which a contender may apply. here we are providing the Deutsche Bank Salary for some positions like Assistant Vice President etc.

Average Salary for Deutsche Bank Employees: Rs. 1m 

PositionAverage Pay Scale
Financial AnalystRs. 404,451
Senior Analyst, Investment BankingRs. 602,844
Associate – Investment BankingRs. 947,227
Operations ManagerRs. 868,710
Senior Financial AnalystRs. 676,006
Vice President (VP), Information Technology (IT)Rs. 3,532,332
Associate Software EngineerRs. 1,074,476

Get here>>Deutsche Bank Salary

Axis Bank Salaries:

Axis bank is one of the renowned private banks of India. The bank offers an impressive salary to its employees. If you are thinking about applying for PO/SO/Clerk Jobs in Axis bank then check out the Axis Bank Salary of PO , Clerk and SO from below…

Average Salary for Axis Bank Employees: Rs. 476k

Name Of PostSalary
Axis Bank PO SalaryRs. 358743 lakh
Axis Bank Clerk SalaryRs. 1.4 lakh – 4 lakh
Axis Bank SO SalaryRs.3, 89, 444/-
Axis Bank Assistant Manager SalaryRs. 3,99,822/-

 

PositionAverage Pay Scale
Relationship ManagerRs. 510,443
Operations ManagerRs. 569,082
Assistant Branch Manager, BankingRs. 358,074
Branch Manager, BankingRs. 954,050
Assistant Manager, Customer ServiceRs. 288,050
Credit AnalystRs. 519,788
Customer Service OfficerRs. 276,582

Get Here>>Axis Bank Salaries

HDFC Bank Salaries

HDFC bank also offers an exciting amount of remuneration to its employees. Here we have stated some HDFC Bank Salaries including HDFC bank salary of PO , HDFC bank Salary of Clerk and HDFC bank Salary of SO, have a look..

Average Salary for HDFC Bank Pvt Ltd Employees: Rs. 509k

Name Of PostSalary
HDFC Bank PO Salary120,000- 200,000 (1,57,000)
HDFC Bank Clerk SalaryINR 100,000- INR 340,000 (with an average of INR 141,000 annually
HDFC Bank SO Salary120,000- 200,000 (1,57,000)
HDFC Bank Assistant Manager SalaryRs.3,91,528/- PA
Rs.24,192/- PM

 

PositionAverage Pay Scale
Relationship ManagerRs. 558,367
Credit ManagerRs. 538,667
Branch Manager, BankingRs. 937,957
Personal BankerRs. 344,376
Operations ManagerRs. 503,179
Assistant Branch Manager, BankingRs. 423,026
Relationship Manager, BankingRs. 659,328

Get Here>>HDFC Bank Salary

Bank Of India Salary

Check out the BOI salary of Clerk, Probationary Officer and Specialist Officer from below, rest description is given in below stated link…

Name Of PostSalary
Bank Of India PO SalaryRs 30758.0
Bank Of India Clerk Salary14842.80
Bank Of India SO Salary31705- 45950

Salaries of Other Banks

Bank Salary for Freshers

Before attending any bank recruitment candidates must have to know about the salary details about Bank PO Salary In India, Clerk and other posts because day by day we are getting lots of queries and daily changes or new updates in salaries.

  • Banking sector pays a attractive income for Probationary Officer (PO) and Clerk post.
  • Those job seekers who are looking for the salary details of the above given post must read all the information given on this page.
  • To clarify the doubts about salary In this section we will discuss exact Salary for Probationary Officer (PO) and Clerk related posts for both private sector banks and Public Sector Banks.

Bank Salary After 7th Pay Commission

Here we have discussed the all significant emoluments details allied to post of Probationary Officer (PO), Clerk and specialist Officer. Enormous of banking organizations provide accommodations to the employee and lots of other benefits. Individuals who want to know bank salary details after revision they check all relevant details by going through this page.

Bank Po Salary After Revision:

Salary HeadCurrent Amount PayableRevised Amount Payable
Basic Pay (BP)Rs. 14,500Rs. 27, 865 (With 20% Increase)
Dearness Allowance (DA)Rs. 12,781Rs. 10,839
House Rent Allowance (HRA)Rs. 1,087Rs. 2,786
TOTAL In Hand SalaryRs. 28,368Rs. 41,490

Check Here: Bank Exam Preparation Material

Bank Clerk Salary After 7th Pay Commission

We have mentioned the salary details After 7th Pay Commission in the tabular form. Individuals willing to grab bank vacancies must check emoluments details here;

Salary HeadCurrent Amount PayableRevised Amount Payable
Basic Pay (BP)Rs. 8,000Rs. 12,812 (With 20% Increase)
Dearness Allowance (DA)Rs. 8,000Rs. 5,124
House Rent Allowance (HRA)Rs. 800Rs. 1,921
TOTAL In Hand SalaryRs. 16,800/-Rs. 19,857

Check Also: IBPS Exams Notification

Bank SO Salary:

AssetsMetro Cities(State Capital etc.)(District Level and Rural Areas)
Basic PayRs.14500/-Rs.14500/-Rs.14500/-
Dearness AllowanceRs.14485.5/-Rs.14485.5/-Rs.14485.5/-
CCA (3% to 4% Max. Rs540/-)Rs.540/-Rs.375/- —-
Total Salary (Excluding HRA)Rs.29525.5/-Rs.29360.5/-Rs.28985.5/-
HRA – 8.5% ; 7.5%; 6.5%*Rs.1232.50/-Rs.1087.50/-Rs.942.50/-
Total Salary (including HRARs.30758/-Rs.30448/-Rs.29927.5

Grab Today: Latest Private Bank Recruitment Notification

PO Salary After 10th Bipartite Settlement:

Increment (Percentage)Basic PayTotal Gross Salary
15Rs.26,706/-Rs.37,068/-
20Rs.27,866/-Rs.38678/-
25Rs.29,026/-Rs.40,288/-
30Rs.30,187/-Rs.41,899/-

Want to Know? Eligibility for Bank Exam

Bank Jobs in India and their Benefits:

Institute of Banking Personnel Selection is most recognizable organization which is accountable to conducting the bank exams across the country. The organization releases various bank recruitment notifications time to time suitable contenders for filing various positions. There are numerous benefits which are offered to the bank employees.

Banking sector is considered famous for its facilities, amazing remuneration which includes various benefits such as HRA, DA, some benefits also like Medical benefits, Pension schemes and many others not only in SO position but also for the PO and clerk. Also, after the 7th Pay Commission, there are various changes in the salary structure of employees being employed in banks.

Some of them are mentioned here, have a look!!!

  • Comfortable working hours
  • Considerable number of leaves
  • Good salary packages
  • Easy loan availabilities and that too at low interest rates
  • Medical benefits
  • Retirement plans
  • A healthy and comfortable working environment
  • Additional compensations on purchase, travel, and education

Read This: How to Get Bank Jobs

Career In Banking Sector

Candidates who want to make their career in banking sector they should have complete knowledge about the salary, working and others. Today there are various banks that provide lots of recruitment for the young and energetic job hunter to make their career in banking sector.

Candidates’ Career Opportunities In Banking Sector either in private or public banks are very high. Today there are organizations such as IBPS (Institute of Banking Personnel Selection) that conducts exam for 20 banks so that applicants may get a job in bank.

Check Now: Bank Exam Model Papers

Bank Of India Salary Structure

Starting Bank Salary After 7th Pay Commission, has also hiked. Even Bank Salary For Freshers is quite impressive. Fresher’s candidates who want to make career in Government Sector as well as Private Sector banks can check Bank Salary in hand.

Complete information related to Bank Salary 2020 is well maintained by the expert team member of recruitmentresult.com go through this page to check Bank Salaries 2020.

Check Now: Jobs in Banking Sector (10000 Vacancies)

Note:

We have provided almost details concerning Bank PO/Clerk Salary in 2020 on this page. Aspirants are advised to regular visit on out web portal for acquiring additional information related to most recent updates. Candidates you can book mark our page by using Ctrl+D key for getting more information, concerning bank recruitment etc to grab latest updates regarding Bank Salary 2020, stay connected with this portal of recruitmentresult.com.


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