Salaries across Government Banks have increased from November 2018 (For period November 2018 to January 2018). Dearness allowance has increased by 6.7% (highest in last 3 years) which means there will be effect on salaries to a large extent. Lets see how it has affected the salary of a newly joined Clerical and Probationary Officer.
New Gross Salary of Probationary Officer (Nationalized Banks, Regional Rural Banks Except SBI)
Basic: 23700
DA: 14386 (Now its 60.7% of Basic)
Special Pay: 2951 (7.75% of Basic + DA)
HRA: 1659 (Minimum 7% of Basic)
Total Gross Salary: Rs.42696
New Gross Salary of Clericals (Nationalized Banks, Regional Rural Banks Except SBI)
Basic: 13075
DA: 7936 (Now its 60.7% of Basic)
Special Pay: 1628 (7.75% of Basic + DA)
National Pension Scheme now mandatory : RRB Employees
Salary Increase in Government Banks
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