Canara Bank PO Salary

While applying for the Canara Bank Recruitment, one must think about the Canara Bank PO Salary. After Revised 7th CPC, this public sector bank made changes in their In Hand Pay Scale, Slip and Perks.

Canara bank categorized their pay scale on the basis of different positions such as PO/SO/Clerk/Manager. Candidates can check the Canara Bank revised Pay Scale by going through the below section of this page.

Employees, working with Canara Bank are counted among the best paid employees in the India. Canara bank hiked up their salary time to time and also offers impressive salary package to fresher’s as well as experienced candidates. This page of www.privatejobshub.in is presenting the complete Canara Bank PO Salary. So Let’s have a look…!!!

Canara Bank PO Salary

Canara Bank PO Salary & Perks after Revision: Overview:

Before applying for the Canara Bank PO Recruitment, candidates must know about the complete Canara bank PO salary after 7th pay commission/ Canara Bank PO Salary And Perks and Allowances structure that will be paid to by the management panel of Canara Bank by going through the below mentioned table.

Basic Pay	RS. 23700.00/-
Special Allowance	RS. 1836.75/-
DA	RS. 10163.63/-
CCA	RS. 870/-
Trans Port Allowance	–
Total (without HRA)	RS. 36570.38/-
HRA	RS. 2133.00/-
Gross with HRA	RS. 38703.38/-
Medical Aid	RS. 8000/-
Entertainment	RS. 500/-
Newspaper	RS. 300/-
Petrol	RS. 3000/-
Telephone	RS. 400/-
Canteen Subsidy	RS. 400/-
Pension Contribution	RS. 2500/-
Gross Annual CTC (with HRA but without leased accommodation)	RS. 5,57,640.52/-

Download Here: Canara Bank PO Syllabus

Canara Bank PO Salary and Allowances:

Here is the complete information to the Canara Bank PO Salary and Perks/ Canara Bank PO Salary 2018/ Salary Of Canara Bank PO/ Canara Bank PO Salary 2018/ Canara Bank PO Salary Slip. So go through it.

Dearness Allowance (DA):

Dearness Allowance is an adjustment for the cost of living adjustment paid to all government and public sector probation officers. Dearness Allowance is reviewed quarterly and is based on the consumer price index (CPI).
The calculation of DA depends on inflation. DA can increase with higher inflation and also decrease if the inflation rate is negative.

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House Rent Allowance (HRA):

Please have a look on this page of www.privatejobshub.in that covers all details about Canara Bank Probationary Officer Pay Scale. Canara Bank Allowances covers 0% or 8.0% or 7.0% depending on the place of Posting.

Special Allowance:

10th BPS (wef. 01/11/2012) and for Scale, I 7.75% on which DA is also payable.

CCA:

4% (maximum Rs.870/-) or 3% (Maximum Rs.600/-) or 0%.

Conveyance Allowance:

It is paid for commuting between home and office.

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Canara Bank PO Salary:

Here is a complete guide to Canara Bank PO Job Profile with Salary Of PO In Canara Bank/ Canara Bank PO Salary Slip 2018/ Canara Bank PO Salary And Perks 2018, through which you will get to know that what will be your pay scale after selection in Canara Bank. Your salary will differ after recruitment as it may differ according to the bank Policy. Here we have talked about general salary for Probationary Officer in probation period and after probation period.

Prepare with: Latest Bank Syllabus

Added Perks for Canara Probationary Officer:

Leased Accommodation:

Leased Accommodation services are available for Probationary Officer Posts instead of HRA.
In some places, banks provide official bank housing / banking quarter as rented accommodation.
This amount is not available as a cash com Ponent and will go directly to the homeowner. You have rented.

Traveling Allowance:

Few banks grant a fixed travel allowance, while others allow the reimbursement of gas bills, for example, the banker must have a scooter or a car at the service station.

Newspaper Reimbursement:

A fixed monthly amount is paid at the expense of a newspaper to the probationary officer.

Medical Aid:

A fixed annual amount is paid by most of the banks (Revised amount is Rs8000/- p.a.).

Get To know: Bank Exam Pattern

Bank PO Perk and Facilities at Joining Time:

In the below mentioned table we have described facilities that will be offered to selected Probationary Officer in Canara Bank according to different places. So, contestants can have a look and know the details of Canara Bank Salary as per their places for which individual is going to apply.

Salary	Major A class cities : Metro Cities	Other places in Cat A Centers(State Capitals etc)	Other places Category B Centers	Other places Category C Centers
Leased House Rent	Rs.12,500.00	Rs.10,000.00	Rs.7,500.00	Rs.5,500.00
Travelling Allowance	Rs.3,000.00	Rs.3,000.00	Rs.2,700.00	Rs.2,300.00
News Paper	Rs. 250.00	Rs. 250.00	Rs. 250.00	Rs. 250.00
Cleaning Materials	Rs.600.00	Rs.600.00	Rs.600.00	Rs.600.00
Business Development Expenses	Rs.300.00	Rs.300.00	Rs.300.00	Rs.300.00
Medical Aid	Rs.450.00	Rs.450.00	Rs.450.00	Rs.450.00
Total	Rs.17,100.00	Rs. 14,600.00	Rs.11,800.00	Rs.9,400.00
Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(w.e.f. Nov 2012)	Rs. 2565.00	Rs.2190.00	Rs.Rs.1770.00	Rs.1410.00
Gr Total	Rs.19,665.00	Rs. 16,790.00	Rs.13,570.00	Rs.10,810.00

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Essence of This Page:

Hope this complete guide on “Canara Bank PO Salary” is evident your doubts, and now you have the clear answer to this question that How much salary of Canara Bank PO? And what is the gross salary? Etc.

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