What is the salary of a bank PO and what about the allowances and incentives.Joining as scale-1 how much rank
we can go in 10 years? I m in S/W field and curently getting
around 30K monthly salary and my current project(Microsoft)
is a very long term project, so there is stability in my
position for next few years. I have to appear the Syndicate
bank PO interview also now trying to give IT officer scale-
II exams. But dont know anything abt bank salary and future
growth. So can u guys plz provide any information abt this
which may help others also in this Forum. Also banks r doing
strikes for Salary hikes, Right?
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Answer Posted / rishabh soni
bunty, dont get mislead, banks pay to POs- basic salary-
14,500 + dearness allowance- 50% i.e. 7,225 + ta+ cca+ hra
(total 4000) =24, 725/- there is a quarterly increase in da
approx. 500/ quarter.. + 2 years of proation is two years of
training whish is of utmost importance. within 10 years
scale III means- salary approx. 42,000/-. and the job is
very respectable, u r not just an employee, but an officer.
after that if u switch a 10 years exp in a bank as an
officer will fetch u top management grades in any company in
finance dept.. like finance head or CEO, etc.. fetching a
salary of approx. 70, 000 on an avg...
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