[nilesh]

Discuss about canara bank clerk allowances here. Welcome to Courses.ind.in and this page is for canara bank clerk allowances discussion. If you are looking for information on canara bank clerk allowances then ask your question is as much details as possible in the “Reply” box provided below. The more detailed your question will be, the more easy will it be for our experts to answers your query. And if you have any updated or latest information on canara bank clerk allowances, then please share you knowledge with our experts in the “Reply” box below. Your reply will be published here and your knowledge can help many people. Thanks for stopping by at Courses.ind.in. Please visit again.

Would you please information about allowances offer by Canara Bank to IBPS Clerks along with details of pay scale?

[prince karak]

Don’t worry I will let you know pay scale of Canara Bank, IBPS Clerks and information allowances offer by bank.

Tentative pay scale
The Pay Scale of Bank Clerk is: Rs 11,765 – Rs 42,020.
The Basic pay thus amounts to be Rs 11,765
After completion of 1 year, the basic pay will be increased by a specific amount say Rs. 400/.
After it from 2nd year onwards, increment will be 500 for next 3 years

Allowances
1. Dearness Allowance:
DA is adjusted for every 3 months ie Quarterly increase happens in DA .The DA will be changed according to the consumer price index (CPI).So Based on CPI declared by the banks, the DA can go up or down with change in CPI.

2. House Rent Allowance:
If you are posted in metro cities HRA will be 8.50% of Basic Pay.

If you are posted in cities with population more than 5 lakh, HRA will be 7.50% of Basic Pay.

If you are posted in any other metro cities HRA will be 6.50% of Basic Pay.

3. Medical Allowance:
This allowance is fixed at Rs 20000 and is paid annually.

Address:-
Canara Bank
112 J C Road,
Bangaluru,
Karnataka-560002

Phone:-
91-080-22100250