Hello Friends,
As Indian Post Payment Bank issued the first ever recruitment notification for various posts in September,2016. We are here with the Job profile and Salary Structure
Basically IPPB is a wholly owned subsidiary of Department of Posts, GoI. Payment banks have been envisaged as instruments for furthering the goal of financial inclusion in India i.e taking banks to rural masses, provide them services and the bank which have been unbanked so far.
Following are the emoluments received by an India Post Payments Bank Officer Scale :
Scale | Pay Scale | Total Monthly CTC (Approx.)* |
JMGS-I | 23,700 – 42,020 | 65,000 |
*this is inclusive of Dearness Allowance, City Compensatory Allowance, and other allowances.
The India Post Payments Bank Officers will also receive Performance Pay as per the criteria defined by the India Post Payments Bank from time to time and are also entitled to retirement and terminal benefits as per India Post Payments Bank policy.
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