javascript:void(0) Bank Clerk Salary 2015: Allowances: Wage Revision Status ~ Bank PO Exam

Bank Clerk Salary 2015: Allowances: Wage Revision Status

Bank Clerk Salary 2015: Allowances: Wage Revision Status: Wage revision of the Bank Employees has been approved and the salaries and pay scales of both Officers and Bank Clerks are likely to improve shortly. As recruitment for clerks in Public Sector Banks is going on hence in this post we are going to tell you details about the salary, allowances, perks, scales, gross salary, net salary etc. of a Bank Clerk of SBI as well as of other Public Sector Banks.

Scale of Pay: Scale of Bank Clerk Salary is Rs. 7200 – Rs. 19300, which means that the starting basic salary will be Rs. 7200.00 however for graduates it is Rs. 8000.00, as earlier 12th pass were also eligible for Clerk Jobs then there were different basic salary for graduate and non graduate.
Dearness Allowance: Presently dearness allowance is about 110% which means a bank clerk will also get 110% amount of the basic salary.
Other Allowances: Apart from the Basic Salary+ Dearness Allowance, you will also get allowances such as HRA, Transport Allowance, Officiating Allowance or Customer Assistant Allowance and special pay. These allowances are not very high and the total value of all such allowances is about Rs. 3000-4000.
CAIIB Increments: A clerk can also get two additional increments if they pass the JAIIB and CAIIB exams of Indian Institute of Banking & Finance.
Wage Revision: Wage revision of bank employees is due from November 2013 and is likely to settle in next few months which mean all those who are joining bank jobs in next few months are likely to get a much higher scales and salary.
Bank Clerk Vs. Bank PO Salary: The salary of Bank PO is surely much higher than that of a Bank Clerk, allowances and perks are also very high for the bank officers however at the same time working conditions of Officers are also very tough or I must say hard. Now a days Bank Clerks also have opportunity to become an Officer very quickly.
Bank Clerk vs. Central Government Employees Salary: The salary of Bank Clerk is also very low in comparison of government employees of similar cadre, however increment amounts are higher in banks. We hope that the salary will increase substantially in this wage revision.

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