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Central Bank Of India Salaries 2019 | Increment This Year – PO/Clerk/Manager

Central Bank Of India Salaries

Central Bank Of India is one of the oldest and largest bank out of the 18 public sector banks, with approximately 42,000 employees at impressive Central Bank Of India Salaries. Check Central Bank Of India Salary structure of PO/Clerk/Manager and posts This Year from here.

Central Bank Of India PO/Clerk/Manager Salaries:

Apart from Central Bank Of India Salaries, employs also get admissible allowances, benefits, perks such as HRA or accommodation, medical allowances, travel allowances, Bonus, perks etc dependent upon the level of posts. Central Bank Of India Salaries and Increment of all banks is decided by Indian Banks Association and United Forum of Bank Unions (UFBU).

Central Bank Of India Pay Scale

Depending upon performance, employees will get promotion at upper level and get increment of 10% to 15% in basic Central Bank Of India Salary In hand.

We the team member of recruitmentresult.com has well created this page with complete details of Central Bank Of India Salaries 2019, go through this page to fetch all details  Salaries of Central Bank Of India

Central Bank Of India Salaries

ParticularsSalary Range (Per Month)
Senior ManagerRs.35K – Rs.60K
Deputy General ManagerRs.62K – Rs.67K
Agriculture Finance OfficerRs.15K – Rs.20K
Manager (IT)Rs.45K – Rs.50K

Central Bank Of India PO Salaries:

PO salaries in most of the public banks are same but allowances are different. During the probation period along with salary perks are also given vary upon bank to bank. Apart frpm salary POs will be given accommodation, travelling allowance, medical allowance and coverage under new pension scheme.

Read Now: Central Bank of India Recruitment

Central Bank of India PO Salary Structure

New Salary of PO after Wage Revision in Central Bank of India
Present Hike15%Corresponding  Basic26705
Current Basic14500
Current DA % 109.815921Corresponding   Revised DA % (33.1)8839.36
Current HRA % 6.5942.5Corresponding  HRA % (7.475)1996.2
Current Gross Salary31364Corresponding  Gross Salary37541
Current NPS Contribution3042.1Corresponding  Revised NPS Contribution3554.44
Current Net Salary28321Corresponding   Revised Net Salary33986

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Central Bank of India Manager Salary

Assistant manager look after customer accounts. It’s job is to keep all regulations and policies in order and maintain good relationships with customers. Central Bank of India assistant manager salaries ranges between Rs. 15K – Rs. 54K per month.

Central Bank of India Manager Salary Structure

SalaryRs 230,961 – Rs 598,495
BonusRs 1,993 – Rs 99,498
Profit SharingRs 0.00 – Rs 50,684
Total PayRs 239,783 – Rs 626,497

Want to Know? Jobs & Growth Options In Banking

Central Bank of India Clerk Salary

During the initial period or the probation period of 6 months Central Bank of India Clerk basic pay ranges between Rs. 7300 – Rs. 19,300 excluding DA, HRA and all the other allowances and after 6 months, a clerk is liable to earn between Rs. 35k – Rs. 40K per month.

SalaryMetropolis (Region With More Than 45 Lakhs Population)State Capitals (Region With Population Of 12 To 45 Lakhs)Regions With Population Below 5 Lakhs To 12 LakhsRegions With Population Below 5 Lakhs
Basic SalaryINR 8,000INR 8,000INR 8,000INR 8,000
Dearness AllowanceINR 4,320INR 4,320INR 4,320INR 4,320
HRAINR 800 (10% HRA)INR 720 (9% HRA)INR 600 (7.5% HRA)INR 560 (7% HRA)
Transport AllowanceINR 225INR 225INR 225INR 225
Total SalaryINR 13,345INR 13,265INR 13,145INR 13,105

Get Details: Central Bank of India Syllabus

Central Bank of India Clerk Salary By Experience

ExperiencePercentage
less than 1 year54
1 to 4 years23
5 to 9 years6
10 to 199
more than 20 years9

Central Bank Of India Salary Structure

Central Bank of India is government-owned bank, based in Mumbai which is financial capital of India. It has 4600 branches, 5000 ATM’s and 4 extension counters across 27 Indian states and 3 Union Territories. Central bank of India is one of 18 Public Sector banks in India to get recapitalization.

Central Bank Of India is one of the fastest rise markets of financial services and products. So, career in banking industry is lucrative and well as reputed. Central Bank Of India Salary in hand contains

  • Basic Bank Salary
  • House Rent Allowance
  • Conveyance Allowance
  • Superannuation Allowance
  • Leave Travel Allowance
  • Additional HRA Allowance
  • Canteen
  • Medical
  • PF & Gratuity
  • Performance Pay

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