What do you understand by the term Bank PO (PROBATIONARY OFFICER) salary 2019 ? It means, The banks pay their probationary officers quite considerable. The basic pay of an SBI PO is Rs 23,700. In addition to this basic pay, the officers are also eligible for Dearness Allowance (DA), House Rent Allowance (HRA), CCA, special allowance like:- (Dearness allowance, Entertainment allowance, Overtime allowance, City compensatory allowance, Interim allowance, Project allowance, Tiffin/meals allowance, Cash allowance, Non-practicing allowance, Warden allowance, Servant allowance), etc.
SBI BANK PO SALARY
The Estimated Annual Salary of an SBI PO can range between 7.5 lakhs to 13 lakhs. We have explaned overview of SBI PO salary below :-
| BASIS OF SALARY | SALARY |
| Dearness Allowance (DA) | 46 percent of the basic pay |
| Furniture Allowance | Rs 1,20,000 |
| Leased House Accommodation / House Rent Allowance (HRA) | Rs 8000 (in rural areas) to Rs 29,500 (in Mumbai). |
| City Compensatory Allowance (CCA) | 3 to 4 percent of the basics |
| Travel Allowance (TA) | reimbursement of travel cost for official travels |
| BASIS OF PERKS PER MONTH | |
| Cashless treatment in selected medical facilities around the country Newspaper allowance Books and magazines allowance Petrol allowance House maintenance allowance Telephone bill reimbursement Entertainment allowance Concessionary interest rates for House Loan, Car Loan, and Personal Loan | Amount not specified |
| Medical insurance | (100 percent for SBI PO and 75 percent for family members) |
INDIAN BANK PO SALARY
The total in-hand Indian Bank PO Salary will depend upon the location of posting. Indian Bank PO Salary will be different for metro cities, state capitals, and district level or rural areas as certain components of the salary depends upon the location of posting. After merging all necessary allowances (HRA, DA, CCA, Etc) to employees salary they will get around Rs 38,000 in-hands per month.
| BASIS OF SALARY | SALARY |
| Basic | Rs. 23,700 |
| House Rent Allowance (HRA) | 8.5 percent, 7.5 percent or 6.5 percent depending upon the location of posting |
| City Compensatory Allowance (CCA) | 3 to 4 percent |
| Dearness Allowance (DA) | Rs. 10,163.63 |
| Special Allowance | Rs. 1,863 |
| BASIS OF PERKS PER MONTH | |
| Furniture expenses (one time), Newspaper allowance, Travel allowance, Business development expenses, Medical aid and expenses, House maintenance expenses, etc. | Amount not specified |
ICICI BANK PO SALARY
The ICICI Bank PO (Probationary officer) salary of an ICICI bank candidate at the time of joining is Rs. 34,561/- per month, including all the benefits and pay perks. The annual salary accounts to little more than 4 lakh rupees, ICICI Bank PO Salary which is almost half of what SBI had offered for its PO post last year.
AXIS BANK PO SALARY
The typical Axis Bank PO (Probationary Officer) salary is Rs,17,411. Officer salaries at Axis Bank can range from Rs.15,000 – Rs,21,277. This estimate is based upon 12 Axis Bank PO salary reports provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation, an Officer at Axis Bank can expect to make an average total pay of Rs.2,08,927.
LAKSHMI VILAS BANK PO SALARY
The Lakshmi Vilas Bank PO Salary will vary from depending upon their location of posting. Basically, the salary would range from Rs.23,700 to Rs.42,020. The detailed Bank PO Salary according to the city or location where the candidates are posted. The salary is based on the previous years Lakshmi Vilas Bank PO Salary structure and if any changes are made, it will be updated Major A: Metro Cities, Area I : State Capitals, Other Areas: District/Rural Areas.
RBI BANK PO SALARY
All the Candidates who selected for officer post through RBI under PO Exam will be given the annual salary of 12-14 Lac. Along with this CTC comes numerous emoluments and perks. The PayScale for the RBI Bank PO (Probationary Officer) Salary is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 and so on.
PNB BANK PO SALARY
The candidates who are selected as PNB PO (Probationary officers) are paid approximately Rs. 26,097 per month including the prerequisites they get. The PNB Bank PO along gets various perks and other allowances as they can help them to work in a better environment.
| BASIS OF SALARY MONTH | SALARY |
| Basic | Rs. 14500 |
| Dearness Allowance (DA) | Rs. 7830 |
| House Rent Allowance (HRA) | Rs. 942 |
| City Compensatory Allowance (CCA) | Rs. 375 |
| BASIS OF PERKS PER MONTH | |
| 25 Litre of Petrol (if you own a bike) | Rs. 1900 |
| Food and Beverages | Rs. 200 |
| Entertainment | Rs. 200 |
| Food and Beverages | Rs.200 |
| News Paper | Rs. 150 |
Thank you for checking the post and making you be the guest of our site! We’re cock-a-hoop that you found what you were looking for. It is our objective that you are always happy with knowledge about BANK PO
( PROBATIONARY OFFICER ) SALARY 2019 Salary structure of banks from us, so please let us know if your form fill process goes well, the experience was anything short of excellent. If you have any problem/ query regarding the post must leave a comment in the comment box we make sure that you doubt will be clarified as soon as possible by our team. We look forward to seeing you again. Have a great day !