| February 17th, 2018 10:10 AM | |
| vikash | Re: pay scale of bank po in andhra bank Andhra Bank makes recruitment for PO (Probationary Officer) Post through IBPS (Institute of Banking Personnel Selection) score as it is an associate Bank of IBPS. Salary package offered for the Post is as follows: IBPS PO Salary Basic Pay 23700.00 Special Allowance 1836.75 DA 10163.63 CCA 870 Transport Allowance – Total (without HRA) 36570.38 HRA 2133.00 Gross with HRA 38703.38 Medical Aid 8000 Entertainment 500 Newspaper 300 Petrol 3000 Telephone 400 Canteen Subsidy 400 Pension Contribution 2500 Gross Annual CTC (with HRA but without leased accommodation) 5,57,640.52 Allowances • Dearness Allowance (DA) – It is a cost of living adjustment allowance paid to all government 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 – It 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 – It will add in 10th BPS and for Scale, I 7.75% on which DA is also payable • CCA – It 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. Other Benefits and Perks • Leased Accommodation – It is available to Bank officers instead of HRA. • Travelling Allowance – There is a fixed Traveling Allowance and reimbursement of petrol bills. • Medical Aid – An amount also attached to 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 |
| February 17th, 2018 10:09 AM | |
| Unregistered | Re: pay scale of bank po in andhra bank Can you tell me about the pay scale/salary for PO (Probationary Officer) Post offered in Andhra Bank as I want to check it before applying for job in it? |
| December 12th, 2015 12:59 PM | |
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