Friday, July 17, 2015

Details of Scale of Pay of Basic Salary for Officer Employees After Wage Revision

Following are the Sales of Pay for Various Cadres to be paid to Public sector bank employees as well as State Bank group employees also few old generation private sector banks.

Scale I : 23700  - 980/7  - 30560  -- 1145/2   -- 32850  - 131-/7   - 42020

Scale II : 31705  - 1145/1  - 32850  - 1310/10  - 45950

Scale III : 42020  - 1310/5  - 48570  - 1460/2  - 51490

Scale IV : 50030  - 1460/4  - 55870  - 1650/2 - 59170

Scale V : 59170  - 1650/2  - 62470  - 1800/2  - 66070

Scale VI : 68680  - 1960/4  -  76520

Scale VII : 76520  - 2120/4   - 85000

Fitment :

Fitment shall be stage to stage i.e.; on corresponding stages from 1st Stage onwards and the increments shall fall on the anniversary date as usual.

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Explanation from ApnaJobs :

The above bank wage revision charts are effective from 1 November 2012  and arrears if any shall be paid from the effective date, the effective dates have been mentioned in our earlier posts which can be checked from the following Link

Effective dates of bank revision and various benefits Details Here

The above are the basic Salary for various cadres and Dearness Allowance shall be paid upon them, and present Dearness allowance for bankers till July 2015 is 33.7% which is payable on Basic salary as well as on Special allowance which is 7.75% - 11% of Basic salary.


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