[nilesh]

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I want to know the salary and the pay scale of Clerk post in AP Mahesh Cooperative Urban Bank so can you please tell me?

[prince karak]

Basic Pay Scale of AP Mahesh Cooperative Urban Bank Clerk is Rs. 11765- 31540/- and the bank give 1 year tune-up after completion of one year.

AP Mahesh Cooperative Urban Bank Clerk salary 2016-

Component And Facilities Places With Places With
Provided Population Population
Above 45 lakhs Below 45 Lakhs
Basic Pay Rs. 11765/- Rs. 11765/-
Special Allowance Rs. 911.79/- Rs. 911.79/-
DA (Dearness Allowances) Rs. 5311.58/- Rs. 5311.58/-
CCA Rs. 0/- Rs. 0/-
Transport Allowance (TA) Rs. 425/- Rs. 425/-
Total (without HRA) Rs. 18413.37/- Rs. 18413.37/-
HRA Rs. 1176.5/- Rs. 1058.85/-
Gross with HRA Rs. 19589.87/- Rs. 19472.22/-

Allowances:

The Clerk will get various allowances after Allotment of Job.

Basic Salary:

Basic Pay Scale of IBPS Clerk is Rs. 11765- 31540/- and all the commercial banks give 1 year tune-up after completion of one year.

Increments:

After completion of the 1 year service you will an increment of Rs. 400/- and Rs. 500 increment in 2nd year. In next three years you can avail these increments accordingly.

DA (Dearness Allowances):

DA is called Dearness allowances which are revised quarterly for every three months which is based on CPI (Consumer Price Index )declared by the banks. It will be done on quarterly basis like “Jan, Feb, March”, “April, May, June”, “July, Aug, Sep”, “Oct, Nov, Dec”.

HRA (House Rent Allowance):

House Rent Allowance will be allotted according to the place of posting such as 8.50%, 7.50% and 6.50% depending on metros, big cities, and other locations. HRA will be decided according to the population percentage of cities and others