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Syndicate Bank Salaries | SO/Clerk Salary Per Month, Perks & Allowances

Syndicate Bank Salaries

To initiate the Syndicate Bank exam preparation, you must know everything about the job profile and Syndicate Bank Salaries which you will hold in future. On this page, we are discussing Syndicate Bank SO/Clerk Salary Per Month and other Perks & Allowances that will give you better idea of the work profile.

Syndicate Bank is one of the oldest and major commercial Bank. It was started with the name as Canara Industrial and Banking Syndicate Limited. Syndicate Bank pays impressive salary packages to its employees.

Those, who want to know the Syndicate Bank Salary Structure and other Perks & Allowances, so for their convenience we are providing here complete details. Go through this page recruitmentresult.com to get knowledge of job profile.

Syndicate Bank Salaries

Here we have discussed the all momentous salary details allied to post of Clerk, Probationary Officer (PO), and specialist Officer. Banking organizations provide accommodations to the employee and lots of other benefits. Please have a look….

Clerk Pay Scale in Syndicate Bank

SalaryMetropolis (Region With
More Than 45 Lakhs Population)
State Capitals (Region With
Population Of 12 To 45 Lakhs)
Basic SalaryRs. 8,000Rs.  8,000
Dearness AllowanceRs.  4,320Rs.  4,320
HRARs.  800 (10% HRA)Rs.  720 (9% HRA)
Transport AllowanceRs.  225Rs.  225
Total SalaryRs.  13,345Rs.  13,265
SalaryRegions With Population
Below 5 Lakhs To 12 Lakhs
Regions With Population
Below 5 Lakhs
Basic SalaryRs.  8,000Rs.  8,000
Dearness AllowanceRs.  4,320Rs.  4,320
HRARs.  600 (7.5% HRA)Rs.  560 (7% HRA)
Transport AllowanceRs.  225Rs.  225
Total SalaryRs.  13,145Rs.  13,105

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Syndicate 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

Also Check- Syndicate Bank Recruitment

Syndicate Bank PO Salary

Pay scaleMajor A class cities:
Metro Cities
Other places in Area I
(State
Capitals etc)
Other places
(District
level and
Rural Places)
Basic SalaryRs.14500.00Rs. 14500.00Rs.14500.00
Dearness
Allowance
(110.10%)
Rs. 15964.50Rs. 15964.50Rs. 15964.50
CCA(4% max
Rs.540=)
Rs. 540.00Rs.375.00nil
HRA (Major A class
cities – 8.5%, Other
places in Area I –
7.5%, Other
places – 6.5%)
Rs.1232.50Rs.1087.50Rs.942.50
TotalRs. 32237.00Rs. 31927.00Rs. 31407.00
Add 15 % increase in
pay slip as per new
settlement which is
expected to be implemented
from June 2015
(w.e.f. Nov 2012)
Rs.4835.00Rs.4789.00Rs.4711.00
Gr TotalRs. 37,072.00Rs. 36,716.0036,118.00

Must Check- Syndicate Bank PO Salary

Syndicate Bank Salaries for Different Designation

Post NameSalary
Assistant Manager – MonthlyRs. 30,725
Assistant Manager- yearlyRs. 4,28,125
PORs. 30758
Clerk – MonthlyRs. 30,125
Manager – MonthlyRs. 33,133
Bank Manager- yearlyRs. 4,52,334
Senior Branch Manager – MonthlyRs. 65,332

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Scale Wise Salary Structure Of Bank Officers

Pay scaleIncrementAfter IncrementIncrementAfter IncrementIncrementAfter Increment
Rs. 14500 (Scale I)Rs. 600 for 7 yearsRs. 18700Rs. 700 for 2 yearsRs. 20100Rs. 800 for 7 yearsRs. 25700
Rs. 19400 (Scale II)Rs. 700 for 1 yearRs. 20100Rs. 800 for 10 yearsRs. 28100
Rs. 25700(Scale III)Rs. 800 for 5 yearsRs. 29700Rs. 900 for 2 yearsRs. 31500
Rs. 30600 (Scale IV)Rs. 900 for 4 yearsRs. 34200Rs. 1000 for 2 yearsRs. 36200
Rs. 36200 (Scale V)Rs. 1000 for 2 yearsRs. 38200Rs. 1100 for 2 yearsRs. 40400
Rs. 42000 (Scale VI)Rs. 1200 for 4 yearsRs. 46800
Rs. 46800 (Scale VII)Rs. 1300 for 4 yearsRs. 52000

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Additional Perks for a Probationary Officer

Here we have described each and every detail regarding the perks and benefits, so please have a look.

  • Traveling Allowance
  • Newspaper Reimbursement
  • Leased Accommodation
  • Medical Aid
  • Benefits under New Pension Scheme

Must read- Syndicate Bank Interview Questions & Answers

Final Words

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Something That You Should Put An Eye On

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Eligibility for Bank JobsBank PO Salary after 7th Pay Commission
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Bank PO Commonly Asked QuestionsBank PO Exam Preparation Tips
Bank Interview Que & AnsBank Clerk Study Material
Bank Exam PatternBank Placement Papers

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