[suman]

Discuss about bank of maharashtra po pay scale here. Welcome to Courses.ind.in and this page is for bank of maharashtra po pay scale discussion. If you are looking for information on bank of maharashtra po pay scale 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 bank of maharashtra po pay scale, 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.

I want to know the pay scale of PO officer fixed by Bank Of Maharashtra with other related information?

[Vishal Kotkar]

Don’t worry I will let you know Bank Of Maharashtra, PO officer pay scale and related details so that you can have idea.

Tentative pay
Basic Pay: Rs. 23700/- per month

Pay scale: Rs. 23700-980/7-30560- 1145/2-32850-1310/7- 42020.

Allowances
Dearness Allowance (DA) – It is a cost of living adjustment allowance paid to all govt and public sector Probationary officers. It is revised on a quarterly basis and based on Consumer Price Index (CPI). Calculation of DA depends on inflation. DA can go up with higher inflation and also come down if the inflation rate is in negative.

HRA – This depends on the place of posting, and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.

Special Allowance – This will add in 10th BPS and for Scale, I 7.75% on which DA is also payable

CCA – This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%

Conveyance allowance – It is paid for commuting between home and office.

Benefits
Leased Accommodation – This service is available to Bank officers instead of HRA. It also varies from bank to bank and depends on upon the place of posting. Some banks may offer official bank accommodation/ bank quarters instead of leased housing.

Travelling Allowance – Most of the banks give a fixed Traveling Allowance and reimbursement of petrol bills.

Medical Aid – An amount also attached for your medical needs (Revised price is Rs8000/- p.a.)

Newspaper Reimbursement: A fixed monthly amount is pay towards the cost of one newspaper

Coverage under New Pension Scheme

Address:-
Bank Of Maharashtra
Central Office, 'Lokmangal',
1501, Shivajinagar Pune-411005

Phone:-
020 - 25532731, 733, 734, 735, 736
020 - 25532728
020 - 25514501 - 12
020 - 25513781