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Bank of Baroda PO Salary 2018-19 in Hand after 7th CPC BOB PO Pay Scale

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Bank of Baroda PO Salary

Bank of Baroda PO Salary 2018: Here, on this page we are going to tell you Bank of Baroda PO Salary and other Benefits in Detail so that no bewilderment will stay in your mind.In today’s time, most of the people have dream to get reputed job. For this you have to work hard.

To get the probationary Officer Job in any bank you need to experience the numerous selection stages like written exams and interview etc.Well, go through this page to know more about BOB PO Pay Scale and salary in Hand after 7th CPC etc.

Organization Name
Bank of Baroda
Position Name
Probationary Officer
Category
BOB PO Salary


BOB PO Pay Scale after 7th CPC:

After the instigation of 7th pay revision the salaries get revised and employees get an Increment of around 15% in their monthly slip. Here on this page you will get all the information regarding the benefits of a PO of Bank of Baroda.

To get rest of the details about Bank of Baroda PO Salary 2018-19, you need to scroll down the entire page which is well updated by the team members of www.privatejobshub.in


Bank of Baroda PO Salary

Bank Of Baroda PO Salary (Before 7th pay commission):

Current Basic
14500
Current DA % 10.98
15921
Current HRA % 6.5
942.5
Current Gross Salary
31364
Current NPS Contribution
3042.1
Current Net Salary
28321

Bank Of Baroda PO Salary (after 7th pay commission):

Present Hike in BOB PO Salary
15%
Corresponding  Basic
26705
Corresponding   Revised DA % (33.1)
8839.36
Corresponding  HRA % (7.475)
1996.2
Corresponding  Gross Salary
37541
Corresponding  Revised NPS Contribution
3554.44
Corresponding   Revised Net Salary
33986


Privileges for BOB PO:
  • Leased accommodation ranging from Rs 8,000/- in ‘C’ category Centres to Rs 29,500/- in Mumbai Centre.
  • Medical Aid for self (100%) and for family (75%).
  • Home Travel Concession/ Leave Fare Concession.
  • Concessional interest rates for Housing/Car/Personal Loans

Other Benefits along with Bank Of Baroda PO Salary

There are several numbers of perks apart from Salary of Bank of Baroda PO which are presented by the bank to the appointed candidates on Probationary Position. Some of the perks available to Bank officers are:-

Travelling Allowance:

Some banks allow fixed Travelling Allowance whereas others allow reimbursement of petrol bills i.e. officer must own scooter / car at the place of posting

Newspaper Reimbursement:

A fixed monthly amount is paid towards the cost of one newspaper

Leased Accommodation:

Appointed candidates on PO Position is awarded by HRA (House Rent Allowance) and at some banks, they may be offered official bank accommodation / bank quarters in lieu of leased accommodation.

HRA Amount is different from bank to bank and place of postings. However, you should remember that this amount is not available as cash component and will directly go to the house owner – you have got leased.


Dearness Allowance (DA)

Dearness allowances is revised on quarterly basis like in the months of February, May, August and November) based on the CPI as declared by Government of India.

House Rent Allowance (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.

Check Here - Upcoming Bank Jobs

Career evolution for Probationary Officers in Banking Sector with Salary:

Junior Management Grade – Scale I: Officer i.e. PO
23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
Middle Management Grade – Scale II: Manager
31705 -1145 -32850 -1310 -45950
Middle Management Grade – Scale III: Senior Manager
42020 -1310 -48570 -1460 -51490
Senior Management Grade – Scale IV: Chief Manager
50030 -1460 -55870 -1650 -59170
Senior Management Grade Scale V: Assistant General Manager
59170 -1650 -62470 -1800 -66070
Top Management Grade Scale VI: Deputy General Manager
68680 -1960 -76520
Top Management Grade Scale VII: General Manager
76520 -2120 -85000
Executive Director
Approx 1.5 + lac
Chairperson and Managing Director
Approx 2 + lac

Final Words:

We hope that you are satisfied with the above stated information about Bank Of Baroda PO Salary 2018-19. If contenders have any query regarding this page, you may drop comment in below mentioned comment box. Our team (www.privatejobshub.in) will solve your query and provide you satisfactory answers as soon as possible.

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