IBPS PO Salary

IBPS PO Salary 2020: An IBPS PO gets a handsome salary along with a dozen of perks and benefits which in turn tempts the govt. job aspirants to apply for this job. All the information provided here is given as per the latest IBPS PO 2020 Notification. Here we are discussing the IBPS PO Salary, Job Profile, Career Growth, and Promotion Policy of an IBPS PO.

IBPS PO Salary 2020

The IBPS PO Notification 2020  has been released. The appointed candidates for the IBPS PO post will be placed in the Junior Management Grade Scale 1or JMGS-I. The JMGS 1 term is generally used to refer to the officers who have just entered the Officer Cadre after promotion from the Clerical Cadre.

The IBPS PO Pay Scale will be Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020.

Type of Pay Amount
Basic Pay
  • Rs 23700/- ( Increment in 4 stages-
  • Salary after 1st Increment- Rs. 30560/-
  • Salary after 2nd Increment-Rs. 32850/-
  • Salary after 3rd Increment- Rs. 42020/-
Special Allowances Rs 18, 36.75
Dearness Allowances 40% of the basic pay(Varies based on inflation rates)
City Compensatory Allowances Rs 870
House Rent Allowance Rs 2133
Gross with HRA Rs 38, 703.38
Medical Aid Rs 8000
Entertainment Rs 500
Newspaper Rs 300
Petrol Rs 3000
Telephone Rs 400
Canteen Subsidy Rs 400
Pension Contribution Rs 25000
Gross Annual CTC(with HRA but without leased accommodation) Rs 5, 57, 640

IBPS PO Salary: Increment

There is a provision of timely increment of the pay of the IBPS PO officer as given below:

Increment Percentage Basic Pay Gross Salary
15 % Rs.26,706/- Rs.37,068/-
20 % Rs.27,866/- Rs.38678/-
25 % Rs.29,026/- Rs.40,288/-
30 % Rs.30,187/- Rs.41,899/-

As mentioned, a basic salary of Rs 23,700 is paid. Additionally, other allowances such as Dearness Allowance(DA), House Rent Allowance(HRA), City Compensatory Allowance (CCA), and Special Allowances are also there. An annual increment of Rs 980 for 7 years is paid.

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IBPS PO Salary In India After Bipartite Settlement

Wage revision in public sector banks is held place every five years. The 11th bipartite settlement is due from November 1, 2017. Bank PO salaries revision takes place on the basis of bipartite settlement. Therefore, for IBPS PO 2020 the salary will be decided on the basis of the 11th Bipartite Agreement.

IBPS PO Salary Slip

Here we have shown the salary slip of an employee for the IBPS PO Post.

IBPS PO Perks And Allowances

As said earlier, it is not just the salary that is the tempting force, but it is also the Perks and Allowances that one receives as an IBPS PO. The following are the perks that is enjoyed by an IBPS PO:

  1. Leased Accommodation – This benefit is dependent upon the place of posting and is available to the bank officers. Some banks provide official bank accomodation/bank quarters instead of leased housing.
  2. Travelling Allowance – Most banks provide a fixed Traveling Allowance and reimbursement of petrol bills.
  3. Medical Aid – Revised price is Rs 8000/- p.a. This is the amount for the medical needs of the employee.
  4. Newspaper Reimbursement: A fixed monthly amount for newspaper service.
  5. Coverage under New Pension Scheme

IBPS PO Job Profile

IBPS PO is one of the reputed jobs in the banking sector and provides many lucrative offers to the employees. Probationary Officer is trained for multiple operations such as finance, accounting, billing, investment, revenue collection, etc. during his/ her probation period to acquaint them with the banking procedure.

1. Resolving customer queries of the branch

2. Maintaining and supervising regular branch activities

3. Public relations and addressing issues and grievances of customers

4. Directing daily transactions of customers and processing loan(s) detail

5. Bringing new businesses to the bank branch

IBPS PO Salary: IBPS PO Promotion

The stages of promotion for an IBPS PO is given below.

  1. Middle Manager – Middle Management Grade Scale 2
  2. Senior Manager – Middle Management Grade Scale 3
  3. Chief Manager – Senior Management Grade Scale 4
  4. Assistant General Manager – Senior Management Grade Scale 5
  5. Deputy General Manager – Top Management Grade Scale 6
  6. General Manager – Top Management Grade Scale 7
  7. Executive Director
  8. Chairman and Managing Director

Participating Bank For IBPS PO 2020

The participating banks for the IBPS PO 2020 are given below.

Banks Participating In IBPS PO 2020
1.Bank of Baroda
2.Bank of India
3.Bank of Maharashtra
4 Canara Bank
5. Central Bank of India
6. Indian Bank
7. Indian Overseas Bank
8. Punjab National Bank
9. Punjab & Sind Bank
10. UCO Bank
11. Union Bank of India

You can apply for other Bank Jobs that offer a handsome salary.

IBPS PO Salary 2020: FAQ’s

What is the basic pay for an IBPS PO?
Ans. The basic pay of a Probationary Officer is Rs.23,700.

What are the perks of an IBPS PO?
Ans. As an IBPS PO, the employee is entitled to get medical facility, newspaper allowance, Travel Allowances, HRA, DA, and other allowances.

What is the highest post at which a person becomes as an IBPS PO?
As an IBPS PO, the employee may get promoted to the rank of Chairman and Managing Director.

How many times does the IBPS PO Exam take place?
Ans. IBPS PO Exam is held annually.

 

SBI Circle Based Officer Salary 2020: The State Bank of India will be recruiting a total of 3850 Candidates for the post of Circle Based Officer (CBO). As being an SBI Circle Based Officer (CBO) receives an attractive salary package, therefore, the no. of applications received will be huge. Here we are discussing the salary of a Circle Based Officer. Let us have a look at the Circle Based Officer SBI In Hand Salary 2020, Perks and Allowances, Career Growth.

SBI Circle Based Officer Notification 2020

The Graduate Candidates will be able to apply online from 27th July to 16th August 2020.

SBI Circle Officer Salary Structure

The candidates who will be applying for the SBI Circle Based Officers 2020, will be placed in the Junior Management Grade Scale 1or JMGS-I. The JMGS 1 term is generally used to refer to the officers who have just entered the Officer Cadre after promotion from the Clerical Cadre.

The SBI CBO Pay Scale will be Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020.

This means the CBO will get a basic pay of Rs 23700 with an increment of Rs 980 for the next 7 years, followed by a basic of Rs 30560 with an annual increment of Rs 1145 for the next two years and so on. The maximum basic salary will be Rs 42020.

SBI CBO In Hand Salary

The candidates who will be appointed as SBI Circle Based Officer (CBO) will be paid or the Basic Pay will be Rs. 23,700/- plus one increment at the starting of the job. The candidates will be given one increment for each completed year of service rendered in officer cadre in the Scheduled Commercial Bank and Regional Rural Bank, as on 01.08.2020.

The Gross compensation received lies between 8.20 Lakhs (minimum) to Rs. 13.08 lakhs (maximum) per annum. The amount varies with the location of job posting.

Bank Jobs 2020

SBI CBO Perks and Allowances

Here we are describing the perks and allowances that an SBI Circle Based Officer (CBO) is entitled to.

SBI CBO Allowances

After being appointed as an SBI Circle Based Officers, the candidates will receive the following allowances apart from the regular monthly salary.

Allowance Amount
Dearness Allowance 46.9% of the Basic Pay
City Compensatory Allowance 3% – 4% depending on location
House Rent Allowance 7% – 9% depending on the Place of Posting
Medical Insurance 100% covered for employee | 75% covered for dependent family
Travelling Allowance AC 2-tier fare is reimbursed to the employee for official travels
Petrol Allowance INR 1,100 – 1,250
Newspaper Allowance,
Entertainment Allowance,
Books Allowance, etc.
Varies based on Cadre

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SBI CBO Perks

An SBI Circle Based Officer will also be entitled to the following perks as per rules in force from time to time.

1.Contribution Pension Scheme/New Pension Scheme.

2.Medical Aid for self (100%) and for family (75%).

3.LTC.

4.Home Travel Concession/ Leave Fare Concession.

5.Concessional interest rates for Housing/Car/Personal Loans.

SBI CBO Salary: Promotion, Career Growth

  1. On joining, the selected candidates will be designated as “Circle Based Officers” (CBOs) and will be on probation for a period of 6 months.
  2. The CBOs will be subjected to continuous assessment during the probation period for judging their suitability for confirmation.
  3. The candidates who qualify in their assessment as per standards determined by the Bank from time to time, will be confirmed in the service of the Bank in Junior Management Grade Scale-I (JMGS-I).
  4. If any candidate fails to achieve minimum standards stipulated, his/ her services may be terminated as per the policy of the Bank in force at the material time.
  5. The selected officers will be in the general cadre and will be governed by the promotion policy applicable for Bank’s general cadre officers.
  6. The selected candidates will not be entitled to inter-circle transfer up to his/ her promotion to SMGS-IV Grade OR 12 years of service, whichever is later.

A highly respectable position, well-paid salary, allowances and assured future through a pension. In this article, details of the RBI Grade B In hand Salary, Perks, Increments and Promotion have been provided along with allowances and benefits. Reserve Bank of India(RBI) releases a number of vacancies for various posts every year. This year’s exam for Grade B post consists of three phases for selection of candidates. Candidates who get selected after Phase-I & Phase-II of the exam are called for the final interview process.

This is a wonderful opportunity to get associated with the public sector and make use of the perks offered. Candidates looking for an opportunity in the banking field can apply for this post as soon as possible. Read further to find out more on RBI Officers Salary.

RBI Grade B Salary Structure

The starting salary of RBI Grade B Salary in hand will be around Rs 35,150/-.
The RBI Grade B Salary is tabulated below:

RBI Grade B Basic Pay Rs 35,150/-
RBI Grade B Pay Scale 35150 – 1750(9)– 50900-EB-1750(2)-54400-2000(4)-624000
RBI Grade B Grade Pay Not applicable
RBI Grade B Salary :NET Salary Including All Allowances Rs 67,933/-

RBI Grade B Salary Allowances

Apart from the Basic Pay, multiple emoluments such as Dearness Allowance, House Rent Allowance, Family Allowance, Telephone Allowance, Conveyance Allowance etc. will also be provided.

  1. Dearness Allowance(DA): DA of 113% of the basic salary.
  2. HRA Allowance: 2BHK/3BHK flat is given to the RBI Grade B employees. If the employees are not allocated with flats, then they can claim up to Rs 70,000 as rent allowance.
  3. Medical Allowance: Medical allowances up to 4000 Rupees can be claimed. These allowances are also valid for the dependents of the employees.
  4. Education Allowance: RBI Grade B officer can avail Rs. 4000/- under education allowance every month.
  5. Fuel Allowance: 150 litres of fuel per month can be claimed.
  6. Maid Allowance: Rs 3000/- is offered under the maid allowance is received by RBI Grade B officers.
  7. Mobile Allowance: A claim up to Rs 1500/- as mobile allowance.
  8. Sodexo Coupons: RBI provides the employees with Sodexo coupons worth Rs 2000/- which can be spent on food/groceries.
  9. Leave Fare Concession Travel (LFC):  The RBI will offer around Rs100000 for the employees under LFC allowance. This can be availed once in two years, by the employee and his dependents.
  10. Briefcase allowance: The officers can avail Rs.7000 under briefcase allowance. This amount can be reimbursed once in every three years.
  11.  Spectacles allowances: Spectacles allowance of Rs 7000/- can be claimed for either the RBI Grade B officer or the spouse.

At present, initial monthly Gross emoluments are approximately Rs. 75,831/-(approx.). For such allowances, in hand salary, a candidate must prepare for the exam with proper knowledge of concepts as per RBI Grade B Syllabus.

RBI Grade B Salary Increments

All the Officers selected through RBI Grade B 2020 Exam will receive an annual salary range of 12-14 Lac. Along with the CTC, various emoluments & allowances are given.
The Pay Scale for the RBI grade B Officer is Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400.
This can further explained as follows:

  1. Initial Basic Pay – Rs 35150 with a yearly increment of Rs 1750 for 9 years
  2. Rs 50900 and yearly increment of Rs 1750 for the next two years in the executive band
  3. Rs 54400 and yearly increment of Rs 2000 for the next four years
  4. Rs 62400 (Maximum Basic Pay)

Thus, the RBI Grade B Salary is Rs. 62,400/- (Maximum) and this is when an employee does not take any promotion.

RBI Grade B Promotion

With a constant increase in the salary of RBI Grade B Officers, the promotion designations also attract the candidates. The candidates employed as RBI Grade B Officers get promoted in the following series:

  • Assistant Manager
  • Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Principal Chief General Manager
  • Executive Director
  • Deputy Governor
  • Governor

RBI Grade B Job Profile

Not just a good salary of RBI Grade B officer, the job profile is also interesting. After the selection of the candidate as RBI Grade B officer, a probation period of two years along with 15 weeks of training is kept. This venue of this training is the Reserve Bank Staff College. The job profile of the RBI Grade B officer varies from one post to the other based on the locations they have posted.the departments include Financial Markets, Banking Supervision, Banking Regulation, Currency Issuing, Public Debt Office, Foreign Exchange, HRD. One could be transferred to different departments.
RBI Grade B Officer job profile is listed below:

  1. Ensuring Nation’s Financial Stability- The RBI Grade B Officers work towards keeping the inflation under check and ensure adequate supply of liquidity of the production sector is taken care or is under control. It is important to maintain the financial stability of the country and the officers are responsible for the smooth functioning. The officers are entitled with enhancing the confidence of the public in the financial system of the country and make them use the cost effective and new technology services provided by the bank to its customers.
  2. Currency Issue and circulation- As RBI issues coins and currency, RBI Grade B Officers are responsible for its circulation to the various nationalized banks covered under the boundaries of RBI. Also, smooth functioning of the currency till the subordinate units of RBI is also an important duty of the RBI Grade B officer.
  3. Management of Government accounts- Management of the state and central government accounts by performing various merchant banking functions for them.

Note: Probation period is 2 years and extends till 4 years
The RBI is the entry-level position in any bank and after appointment, as candidates get the experience of working or their daily schedules, they will get huge opportunities to prove their work qualities that can provide promotion to them and can also help them to reach the senior post.

With an attractive RBI Grade B Salary, the benefits of this job are numerous. For all these salary, perks and promotion, candidates who are applying for RBI Grade B Officers do need to buckle up and start preparation with full determination to score high and qualify the exam. Candidates applying for the post are advised to stay updated with the website for recent notifications on relevant govt jobs.

SSC MTS Salary 2020: The Staff Selection Commission multitasking staff (MTS) salary is discussed here. Check the career Growth and Job Profile which is discussed in the article. All the interested aspirants can check the details of salary in the article below.

SSC MTS Salary Structure, Career growth and Work Profile 2020

An important conducted by Staff Selection Commission of India is Multi Tasking Staff(MTS). It is also a challenging job and requires a lot of hard work. The article contains the details of the Multi-tasking staff’s profile, salary structure and career growth.
These posts fall into the Group “C” Non-Gazetted and Non-Ministerial Post. These posts include the following:
1. Peon
2. Daftary
3. Jamadar
4. Junior Gestetner Operator
5. Chowkidar
6. Safaiwala
7. Mali

Overview of SSC MTS Vacancy:

 Name of the SSC MTS 2020 (SSC Multi Tasking Staff 2020)
 Conducting Authority Staff Selection Commission (SSC)
 Job Type Central Government Job
 Eligibility Criteria 10th
 Mode Paper I: Online,
Paper 2: Offline
 Total Number of Questions Paper 1: 200,
Paper 2: 1
 Sections Paper 1: General Intelligence & Reasoning, Numerical Aptitude, General English, General Awareness
Paper 2: Essay & Letter Writing
 Maximum Marks Paper 1: 200
Paper 2: 50
 Type of Questions Paper 1: Objective (Multiple Choice Questions)
Paper 2: Descriptive (Essay/Letter Writing)
  Duration Paper 1: 90 minutes
Paper 2: 30 minutes
 Official Website ssc.nic.in

SSC MTS SALARY STRUCTURE

The salary for SSC MTS is calculated on Gross and In-Hand basis. The income increased by 20% after the 7th pay commission.
The salary structure has been tabulated below:

Post

MTS(GP 1800) MTS(GP 1800) MTS(GP 1800)

City Category

X Y Z

Basic Pay

18000 18000

18000

DA

0 0

0

HRA

4320 28880 1440
TA 1350 900

900

DA on TA

0 0 0
Gross Salary 23670 21780

2034

NPS

1800 1800 1800
CGHS 125 125

125

CGEGIS

1500 1500 1500
Total Deduction 3425 3425

3425

In-Hand Salary

20245 18355

16915

Click here to check the official notification for SSC MTS

The Multi-tasking staff promotions is in the form of salary, that is depicted as follows:

SSC MTS Job Profile: SSC Multi-Tasking Staff Job Profile
The  Multi-tasking staff has the following roles:

  1. Physical maintenance of records of the Section.
  2. General cleanliness & upkeep of the Section/Unit.
  3. Carrying of files & other papers within the building.
  4. Photocopying, sending of FAX, etc.
  5. Other non-clerical work in the Section/Unit.
  6. Assisting in routine office work like diary, despatch, etc., including on computer
  7. Delivering of dak (outside the building).
  8. Watch & ward duties.
  9. Opening & closing of rooms.
  10. Cleaning of rooms.
  11. The dusting of furniture, etc.
  12. Cleaning of building, fixtures, etc.
  13. Work related to his ITI qualifications, if it exists.
  14. Driving of vehicles, if in possession of the valid driving license.
  15. Upkeep of parks, lawns, potted plants, etc.
  16. Any other work assigned by the superior authority.

Important Dates:

Important Dates
Commencement of Online  (Paper-I) 26th October 2020 to 13th November 2020
Descriptive  (Paper-II) 01st March 2021
Commencement of Skill Test To be announced

Note: The Above mentioned dates may get changed due to the COVID-19 lock down.
Candidates are requested to visit this website regularly to stay updated with the upcoming notifications.

SSC MTS Salary FAQs

Q 1. What is the Grade Pay of SSC MTS?
Ans. The Grade Pay of SSC MTS is Rs. 1800/-.
Q 2. What is the pay band of SSC MTS salary?
Ans. The pay band for SSC MTS posts is Pat Band-1 (Rs. 5200-20200).
Q 3. What is the starting salary of SSC MTS?
Ans. The starting salary of SSC MTS is between 17K to 21K depending upon the location of posting.
Q 4. What is the full form of MTS?
Ans. The full form of MTS is multitasking staff.
Q 5. What is the job profile of SSC MTS?
Ans. The job profile includes, peon, dafatry, jamadar, safiewala, mali, operator, etc.

IBPS RRB Salary 2020: The Institute of Banking Personnel Selection or the IBPS is the body that carries out the recruitment process for IBPS Regional Rural Banks (RRB) in India. It is popularly known as the IBPS RRB Exam. The IBPS RRB exam is conducted for recruitment to four different posts:

    1. IBPS RRB Office Assistant or Clerk (Multipurpose)
    2. IBPS RRB Officer Scale I or PO
    3. IBPS RRB Officer Scale-II ( Generalist & Specialist)
    4. IBPS RRB Officer Scale III (Senior Manager)

IBPS RRB conducts recruitment to select candidates in the following levels.

  • Group A Officers: Scale-I, Scale-II, Scale-III
  • Group B Office Assistants: Multipurpose Office Assistants or Clerk

Update: The Institute of Banking Personnel Selection has released the notification for IBPS RRB recruitment 2020.

Apply For IBPS RRB 2020: Click Here

Here we are discussing the salary received by an IBPS RRB Employee.

IBPS RRB Salary: In Hand Salary

The pay scale for IBPS RRB office assistants or clerk is in the range of Rs. 7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300.Rs. 19000- Rs. 22000 is the cash in hand for newly appointed candidates.

The detailed IBPS RRB Salary as per the post is given in the table below:

IBPS RRB Salary For Clerk & Officer Post

IBPS RRB Posts IBPS RRB salary (In-hand Salary)
IBPS RRB Clerk Rs. 15000 – Rs.20000
IBPS RRB Officer (PO) Rs. 29,000 – Rs. 33,000
Officer Scale-II Rs. 33,000 – Rs. 39,000
Officer Scale III Rs. 38,000 – Rs. 44,000

IBPS RRB Clerk Salary: In Hand Salary

The In-Hand Salary of IBPS RRB Office Assistant varies from Rs. 15,000 – 20,000/-. This salary may vary for different organizations. 100% DA is given for the new recruits.

IBPS RRB Office Assistant or IBPS RRB Clerk Pay Scale is Rs. 7200-(400/3)-8400-(500/3)-9900-(600/4)-12300-(700/7)-17200-(1300/1)-18500-(800/1)-19300. 

IBPS RRB Syllabus 2020: For Clerk, PO, Officer Scale II, II

IBPS RRB Job Profile Of Clerk

When a candidate is appointed as an IBPS RRB Clerk he/she is under training or probation period of 6 months. During this time period, he/she gets acquainted with the functions that will be executed by them. The Job Profile of an IBPS RRB Clerk or an office assistant is given below:

  1. Handle Receipts: An IBPS RRB Office Assistant receives and acknowledges cash, drafts, cheques, pay orders and other instruments.
  2. Handle Withdrawals: Passing and paying out cash payment of withdrawal forms, cheques, etc
  3. Handle mails and delivery: Acknowledging inward mails, preparing outward mails and managing the delivery of cheque books.

IBPS RRB PO Salary: In Hand Salary

The Pay-scale for IBPS RRB Officer Scale 1 or IBPS RRB PO is 14500-600/7-18700-700/2-20100-800/7-25700.

The In-hand Salary of an IBPS Officer Scale I or PO at present varies from Rs.29,000 to 33,000 at 100% D.A.

IBPS RRB Job Profile of PO

When a candidate is appointed for the post of IBPS RRB PO he/she undergoes a training or is under probation of 2 years. During the probationary period, the candidate will receive a fixed amount that is usually less than the normal pay scale. The job profile for the candidates selected for IBPS RRB Officer Scale I (PO) is given below.

  • To manage the day-to-day banking operations.
  • Loan disbursement & credit portfolio rating.
  • To take care of single window operations or being a teller.
  • Focus on the agricultural schemes and policies for the rural market.
  • Preparing the audit reports and NPA recovery also forms a major job task.

Apart from the tasks mentioned here, one also has to take care of in-house staff and managing of the clerical staff. Running and operations of banks also rely on the Probationary Officer.

IBPS RRB Officer Scale I: Career Growth

IBPS RRB Officer Scale-I is a position for the post of Probationary Officer (PO) in the RRB’s. The in-hand salary of IBPS RRB Officer ranges from Rs. Rs. 29,000 – Rs. 33,000.

An IBPS RRB Officer Scale I will be under probation for a period of 2 years. After that he/she will be appointed as a regular serving employee thereby, being promoted to the post of Assistant Manager. The promotional hierarchy for IBPS RRB Officer Scale I is shown below:

  1. IBPS RRB Officer Scale I (PO)
  2. Assistant Manager
  3. Deputy Manager
  4. Branch Manager
  5. Senior Branch Manager
  6. Chief Manager
  7. Assistant General Manager
  8. Deputy General Manager
  9. General Manager

IBPS RRB Salary: Perks & Allowances

The IBPS RRB Salary includes Dearness Allowances (DA) and House Rent Allowance (HRA) for all the scales of IBPS RRB.

The table below displays the detailed information of all the allowances provided to the IBPS RRB Officers.

IBPS RRB Salary Allowances 
Dearness Allowance 46.5% of the basic pay.
House Rent Allowance
  • For Rural Areas: 5% of the basic pay
  • For Semi-urban Areas: 7.5% of the basic pay
  • For Urban Areas: 10% of the basic pay
Special Allowances 7.75% of the basic pay.

Apart from these allowances, there are also the following perks tagged along with the IBPS RRB Salary in India:

  • Travel Allowances: Full traveling allowance or reimbursement of the money spent on petrol/diesel.
  • Leased Accommodation: Banks mostly provide their employees either a bank quarter to stay in or gives an option to lease a house for which the bank is accountable for providing the rent.
  • Medical Reimbursement
  • Pension Schemes
  • Overtime Allowance
  • Newspaper Allowance
  • Miscellaneous

» You may also read the following salary of the bank exams:

IBPS Clerk Salary

IBPS PO Salary

IBPS RRB Salary: FAQ’s

Q.What are the posts for which I can apply for IBPS RRB?

Ans. You can apply for the post of IBPS RRB Clerk or Office Assistant, IBPS RRB Officer Scale I or PO, IBPS RRB Officer Scale II, and IBPS RRB Officer Scale III. However, you can apply only for one post in Officer Category.

Q. What is the pay scale of IBPS RRB Clerk?

Ans. The Pay Scale of IBPS RB Clerk is Rs. 7200-(400/3)-8400-(500/3)-9900-(600/4)-12300-(700/7)-17200-(1300/1)-18500-(800/1)-19300.

Q. What is the pay scale of IBPS RRB PO?

Ans. The pay scale of an IBPS RRB PO is 14500-600/7-18700-700/2-20100-800/7-25700.

Q. What is the salary of an IBPS RRB PO?

Ans. The salary of an IBPS RRB PO at present varies from Rs.29,000 to 33,000 at 100% D.A.

Q. What is the job of an IBPS RRB PO or Officer Scale I?

Ans. An IBPS RRB PO carries the duty of Loan disbursement & credit portfolio rating, preparation of the audit reports, and NPA recovery as well as to manage the day to day operations of the bank.

SBI SO Salary 2020: The State Bank of India (SBI) Specialist Officer (SO) Salary has been discussed here. The job profile of an SBI SO is the one that is one of the most coveted ones. The py scale that is offered for every job profile in SBI SO is a distinguished one that sets it apart from other Bank SO Exams. 

For the year 2020, the SBI has released a notification to fill up over 400 vacancies for multiple posts for the post of SBI SO 2020. This article will give an idea about the SBI SO salary profile with information on allowances, perks, and other benefits.

Apply Online For SBI SO 2020: Online Application Link

SBI SO Salary 2020: In Hand Salary

SBI will be recruiting Specialist Officers for multiple posts. The following posts come under Middle Management Grade Scale III (MMGS III).

  1. SME Credit Analyst
  2. Product Manager
  3. Manager (Data Analyst)
  4. Manager (Digital Marketing)
  5. Manager (Anytime Channel)

The salary for each of the posts is tabulated below.

SBI SO Salary 2020

Sr. No.
Post
SBI SO Salary
1. Faculty, SBIL, Kolkata Rs 25 lakh to Rs 40 lakh p.a.
2. Vice President
(Stressed Assets Marketing)
CTC of ₹.40.00 lacs to ₹.43.00 lacs
3. Chief Manager
(Special Situation Team)
Pay Scale:
50030-1460/4-55870-1650/2-59170
4. Deputy Manager
(Stressed Assets Marketing)
Pay Scale:
31705-1145/1-32850-1310/10-45950
5. Deputy Manager
(IS Audit)
6. Product Manager Pay Scale:
42020-1310/5-48570-1460/2-51490
7. Manager (Data Analyst)
8. Manager (Digital Marketing)
9. Manager (Anytime Channel)
10. SME Credit Analyst
11. Banking Supervisory Specialist Negotiable
12. Head (Product, Investment & Research) ₹ 80.00 lacs to ₹ 99.62 lacs
13. Central Research Team
(Portfolio Analysis & Data Analytics)
₹ 25.00 lacs to ₹ 50.00 lacs
14. Central Research Team (Support) ₹ 7.00 lacs to ₹ 10.00 lacs
15. Investment Officer ₹ 12.00 lacs to ₹ 18.00 lacs
16. Project Development Manager
(Technology)
₹ 12.00 lacs to ₹ 18.00 lacs
17. Relationship Manager ₹ 6.00 lacs to ₹ 15 00 lacs
18. Relationship Manager
(Team Lead)
₹ 10.00 lacs to ₹ 28.00 lacs
19. Chief Officer (Security) Fixed monthly emoluments of ₹1.40 lac
• Increment of ₹21,000/- in 2nd year and
• Increment of ₹24,000/- in 3 rd year
20. Executive (FI & MM) CTC Rs. 6.00 lacs
21. Sr. Executive
(Social Banking & CSR)
CTC Rs. 10.00 lacs
22. Sr. Executive
(Digital Relations)
CTC Rs 12.00 lac – Rs. 20 lac
23. Sr. Executive
(Analytics)
24. Sr. Executive
(Digital Marketing)

SBI SO Salary: Perks and Allowances

The perks and allowances that received by an SBI SO vary from post to post. However, the perks that are offered to an SBI SO is immense. Given below is the post wise perks and allowances.

1. For MMGS Grade Scale III

The official will be eligible for DA, HRA, CCA, PF, Contributory Pension Fund, LFC, Medical Facility etc. as per rules in force from time to time.

2. Faculty, SBIL, Kolkata

In addition to CTC, other perks like Travelling Expenses (TE) for travelling by taxi, air (economy class) in case of travelling on official duties and Deputation Allowance (DA) equivalent to the Assistant General Manager of our bank.

The selected faculty will be allowed to utilize up to a maximum of 90 days p.a in external teaching/ consulting on a revenue-sharing model. Where income generated is in excess of Rs 5 lacs p.a from these activities, 40% of the excess amount shall be shared with the institute (Taxes as applicable).

3. Chief Manager (Special situation Team) & Deputy Manager (Stressed Assets Marketing)

The official will be eligible for DA, HRA, CCA, PF, Contributory Pension Fund, LFC, Medical Facility etc. as per rules in force from time to time.

4. Deputy Manager (Stressed Assets Marketing)

No perks/other benefits, other than CTC will be given. CTC compromised of fixed pay and variable pay in the ratio of 80:20.

5. Executive (FI & MM) and Sr. Executive (Social Banking & CSR)

(i) Fixed pay component of 70%; (ii) Variable pay component of 30%; (iii) Annual increment – max.10% subject to fulfillment of Bank’s conditions; (iv) Travelling allowance and other perks are applicable as per Bank’s rule.

6. Deputy Manager (IS Audit)

The official will be eligible for DA, HRA, CCA, PF, Contributory Pension, LFC, Medical Facility etc as per rules in force from time to time.

SBI SO Salary: Job Profile

The work that will be performed by each of the posts will vary. Being an SBI SO requires a candidate to work hard with a great deal of enthusiasm and knowledge. One needs to be dynamic enough to adapt to the changes in the economy. The role of each candidate according to the post as an SBI Specialist Officer is given below.

1. SME Credit Analyst

  • To carry out of Due diligence on credit proposals assigned
  • Timely completion of Review / Renewals as Appraiser, including Credit Risk Assessment proposals
  • Securing maximum marks for the AMT in Credit Audit in Pre-Sanction Assisting Relationship Manager in achieving Budgeted growth in Advances for the AMT
  • Assisting Relationship Manager in achieving Budgeted growth in Other Income for the AMT
  • Adhering to Turn around Time for processing New / Existing proposals
  • To ensure ABS considered for the proposals are the same as filed with ROCs
  • To ensure achievement of satisfactory RAROC (Risk adjusted Return on Capital) for each unit in the AMT

2. Faculty, SBIL, Kolkata

The selected candidate will actively participate in and contribute to training activity at the institute as given below:

  • To develop the leadership capabilities of the Top/ Senior Executives of the Bank/ other Banks and FIs who will be coming to SBIL for training.
  • Teaching subjects in the area of his/ her domain across various programmes of the institute.
  • Engaging in academic administration activities as and when required by the institute.
  • Identifying the training need gaps of the Top/ Senior Executives of the Bank and co-designing and co-delivering training interventions
  •  Ensuring upgradation of competence levels of participants by constantly bringing about improvements in the contents and methodology of training programmes.
  • Developing and imparting training programme/ workshops in various areas of leadership development.
  • Setting in place training evaluation methods, seeking feedback and initiating appropriate corrective measures where necessary on an ongoing basis.
  • Ensuring smooth conduct of various workshops, conclaves and programmes at the institute.
  • Ensuring that the right types of training are imparted with continuous updation and best practices in the area of their domain.
  • Promoting the institute and marketing the programs of the institute in appropriate forums in BFSI sector to build the Institute brand inorder to achieve maximum effectiveness in training.

3. Vice President (Stressed Assets Marketing)

Liaison with the investors/consultant’s firms for showcasing the distressed assets

  •  Extensive marketing and scouting for investors for sale of the NPAs.
  •  Preparation of information sheet/IM with description of full details of assets available for sale.
  •  Maintenance of list of stressed assets available across the vertical.
  • Maintaining relations with the branches/sector teams/SARG Operations facilitating timely disposal of available NPA accounts.
  • Negotiate with prospective investors/PE Funds/QIBs for sale of stressed assets in a manner to maximize the realisation.

4. Chief Manager (Special situation Team)

  •  Restructuring /rehabilitation of Stressed assets.
  • Drawing resolution plans in consultation with financial/technical consultants.
  • Discussing the resolution plans with branches other members banks and sector team for finalising a bankable resolution plan.
  •  Implementation of immediate corrective action with suitable resolution strategies preventing slippage of SMA accounts in to NPA category.
  •  Maintaining relations with the branches/sector teams/SARG Operations facilitating restructure of stressed assets in time bound manner preventing deterioration in Asset value and Enterprise value.

5. Deputy Manager (Stressed Assets Marketing)

  • Liaison with the investors/consultant’s firms for showcasing the distressed assets
  • Extensive marketing and scouting for investors for sale of the NPAs.
  • Preparation of information sheet/IM with description of full details of assets available for sale.
  • Maintenance of list of stressed assets available across the vertical.
  • Maintaining relations with the branches/sector teams/SARG Operations facilitating timely disposal of available NPA accounts.
  • Negotiate with prospective investors/PE Funds/QIBs for sale of stressed assets in a manner to maximize the realisation.

6. Product Manager

  •  Defining the vision for the garage and individual journeys
  • Collecting the business requirements from different sources, synthesizing and communicating the same to the tech team
  •  Leading the garage to design the re-imagined process and review the BRS
  •  Writing requisite notes and getting approvals from relevant authorities and committees (e.g. approach note, PIC note , CPPC approval)
  • Co-ordinating with stakeholders across Business units (e.g. business teams, risk, legal, compliance, IT etc.)
  • Co-ordinating with stakeholders in the tech team to ensure a timely delivery of the journey
  • Driving business for the developed and launched journeys by designing the strategy to drive adoption for respective journeys
  • Co-ordinating with circle and region level stakeholders to implement plan for driving adoption and business
  • Creating and sharing trackers with weekly deliverables to all stakeholders to create transparency about deliverables and progress.

7. Manager (Data Analyst)

  • Translating business requirements to analytics use cases and liaise with GITC stakeholders
  • Collecting and interpreting data on a regular basis for assessing success factors of key products and journeys and report it back to relevant members of the business
  •  Work with Product owners for defining KPI parameters for each of the work streams
  •  Play product owner role for Analytics work stream building new journeys for cross sell, upsell and target new customer conversion.
  • Identifying patterns and trends in data sets
  • Defining new data collection and analysis processes

8. Manager (Digital Marketing)

  • Develop, implement, and manage marketing campaigns that promote the offers and campaigns
  • Gather business requirement, share brief with respective stakeholders, run a brand sanity check, maintain design brand and design aesthetic, get creative approval and assure timely delivery and launch
  •  Enhance brand awareness and adoption across digital platforms (Internal and external)
  •  Optimize the usage of digital tools and channels for optimum deliverability and campaign impact
  •  Drive strategy to drive web/app traffic to further customer acquisition and engagement
  •  Measure the campaign performance and improve it based on campaign output and feedback
  •  Optimize content for the website and social networking channels such as Facebook, Twitter, Instagram, Google Plus, etc.
  •  Create a marketing strategy across channels – OOH, Social Media, in-house properties and create campaigns by creating the content idea, budget planning, and implementation schedules.
  •  Work with different teams to ensure campaign execution and monitoring the results.
  • Identify new avenues and channel for promotions of products and offers – to both targeted and non-targeted customer base.
  • Propose new and improved ideas on inbound and outbound marketing campaigns

9. Senior Executive (Digital Relations)

  • Customer acquisition & campaign strategies.
  • Accomplish tie-ups with Merchants/ Online sellers.
  • Provide Marketing Support by suggesting new creative products based on Market & Industry
    requirements.
  •  Negotiating/ interacting with vendors/ technology Solution providers for win-win situation.
  • Ensuring Prompt customer service and complaint management.
  • Launch marketing campaigns including those on social media and digital marketing.

10. Senior Executive (Analytics)

  • Collection, organisation, analysis and dissemination of very large amounts of data with attention to
    detail and accuracy.
  •  Work alongside with the business/ management team to establish business needs.
  •  Interpreting data and analysing results by identifying patterns and trends in data sets.
  •  Write comprehensive reports to be circulated to relevant members/ management of the business team.

11. Senior Executive (Digital Marketing)

• Providing Marketing support by suggesting new creative/ products based on market/ industry
requirements.
• Acquisition of customers.
• Increase in income as per the targets relating to digital banking.
• Proactively arranging meeting with executives of e-Commerce players/ Aggregators/ IT vendors

12. Banking Supervisory Specialist

To Assist in Operationalisation of regulatory directives arising from RBI notifications/ regulatory directives etc. with special focus on large value credits/ KYC etc.

13. Manager – Anytime Channels

  • To identify new alternate channels products and solutions in the market in line with the Bank’s overall strategy.
  •  Prepare Business Requirement Documents (BRD) for development by the IT Vertical of the Bank.
  •  Testing of the Solution as per the Business Requirement.
  •  End-to-end management and implementation of new solutions / Projects in the Bank.
  •  To assist in devising overall Alternate Channel strategy of the Bank.
  •  To drive transactions volume on the exiting alternate channel to the Bank.
  • To devise strategies to increase availability of Bank’s alternate channels.
  • Track best practices in the industry and explore solutions relevant to the Bank.
  •  Manage day to day functioning of alternate channels.
  • Handling regulatory and security related to Alternate Channel.
  • To liaise within various departments of the Bank to ensure smooth and timely rollout of projects.
  • Manage relationship with Bank’s existing and potential partners for contracts, procurement, service levels and overall delivery.

14. Head (Product, Investment & Research)

  • Designing the Value Proposition for the Wealth Management Business.
  •  Responsible for Management of Research Team and Investment Team.
  •  Ensure High Quality of Research Reports for Clients with Proper Coverage.
  • Ensure Product Benchmarking is conducted at Quarterly intervals
  • Launch of Innovative and Superior Wealth Management Products after competitive Scanning and Benchmarking.
  •  Liaison with other Departments and Outside Agencies to have Best in
    Class Technology-driven Solutions

15. Central Research Team (Portfolio Analysis and Data Analytics)

The portfolio analyst would work closely with Product & Research Head and conduct performance monitoring of portfolios held by the various customers, liaison with Market data Aggregators and Research providers.

16. Central Research Team (Support)

The role will include creating and updating excel worksheets related to: Macro Economy, Stock & Sector research, Fixed Income research, creating portfolio review templates etc.

17. Investment Officer

  •  Guiding clients on range of financial services products.
  • Wide ranging experience across categories such as: MF, FI, Structured Products, Discretionary Portfolios.
  • Strong focus on due diligence, quantitative technique and asset allocation.

18. Project Development Manager (Technology)

  • Managing relationships with the technology partners.
  •  Understanding and communicating business requirements to the IT team and technology partners
  •  Working closely with the Bank IT teams to ensure timely delivery of developments.
  •  Co-ordinating with various Bank IT teams and business teams for new developments integrations or bug-fixes in existing Bank platforms.
  • Creating and documenting operating manuals for technology interfaces at user level.

19. Relationship Manager

  • Acquiring, nurturing, growing and strengthening relationship within the Affluent and HNI segment of clients in order to meet business objectives.
  • Selling a range of Investment and Insurance Products to clients in order to meet their financial planning and thus attaining the revenue objectives of the Wealth Management business.
  • Focusing on increasing the Total Relationship Value (TRV) and Assets Under Management (AUM) of clients as per the business objectives.

20. Relationship Manager (Team Lead)

  • Managing a team of Relationship Managers for the Wealth Management Business.
  • Acquiring, nurturing, growing and strengthening relationship within the Affluent and HNI segment of clients in order to meet business objectives.
  •  Selling a range of Investment and Insurance Products to these customers in order to meet their financial planning, objectives and thus attaining the revenue objectives of the Wealth Management business.
  • Focusing on increasing the Total Relationship Value (TRV) and Assets Under Management (AUM) of clies as per the business objectives

21. Chief Officer (Security)

  • Drawing up security policies of the Bank and arranging for their reviews.
  • Ensuring maintenance of the security systems in the Bank in a state of high efficiency as the head of the
    Bank’s security function.
  •  Providing specialised and professional support to the Top Management in all security related matters for
    ensuring security and safety of Bank’s property, customers and staff, at all times.
  • Vetting Disaster Recovery Plan for Corporate Centre Departments/ Establishments, from a security angle.
  •  Enhancing security consciousness in the Bank. Formulate a policy regarding systems of security and safety
    in the Bank.
  •  Any other security related functions as entrusted by controllers.

22. Executive (FI & MM)

• Gathering market information, survey of area under one’s jurisdiction and assess the potential for activities such as dairy, poultry, plantation, fruits, vegetables, floriculture, fishery, agri/ allied activities, rural housing, etc, (document and update at half yearly intervals).
• Provide support in preparation of Annual Credit Plan (ACP).
• Preparation of model schemes and checklists for compilation of application/ appraisals.
• Review and revision of existing schemes and to educate/ popularize it amongst staff and CSPs.
• Improving Bank’s share in microfinance in the District.
• Annual review of scales of finance in the area of operation.
• Sourcing & providing leads to CM (Branch Channel) in respect of new businesses such as horticulture, floriculture, tissue culture & high value/ modern farm machinery, so as to tap maximum potential in District.
• Canvass high value loan proposals, undertake techno-economic evaluation and process high value proposals referred by branches.
• Interact frequently with Govt. departments related to Agri finance, NABARD, Agri Universities/ Research centres.
• Maintain rapport with State Govt. officials from agriculture/ animal husbandry/ fisheries & other stakeholders in the value chain.
• Maintain contacts with tractor & farm machine dealers in the area as well as at the District Headquarter for business leads.
• Assess potential for contract farming and liaise with sugar mills, super-markets and other stakeholders in the value chain.
• Explore possibilities for Agro Exports from the region and encourage farmers to migrate to such cultivation practices.
• Organize marketing campaign with the help of branches/ staff/ CSPs of FI & MM Network. Organize farmers meet.
• Maintain liaison with village authorities. Organize village meetings for expanding Bank’s scheme for farmers and render necessary assistance/ guidance.

23. Senior Executive (Social Banking & CSR)

• Mapping of Microfinance potential in the RBO and preparation of Annual Credit Plan aligned to
and sub-serving Bank’s strategies on financial inclusion and micro finance.
• Devise strategies and promote Social Security Schemes and other Govt initiatives.
• Facilitating preparation of Branch wise business plan, potential linked target setting for Joint Liability
Groups (JLGs), SHG’s credit linkages & evolve ways/ means to implement the plan.
• Improving Bank’s share in microfinance in the District.
• Close coordination with Farmer Producer Organisations/ Farmer Producer Cooperatives (FPO/ FPC).
• Help in formation of SHGs with/ without assistance of NGOs, opening of their SB accounts &
credit linkages.
• Building relationships/ partnerships with NGOs, MFIs & other agencies for driving microfinance
through Joint Liability Groups (JLGs) and SHG’s credit linkages.
• Engaging and building relationships with NGOs in the area and focus on social purpose
initiatives of local communities.
• Interact with the local communities and concerned govt/ non-govt agencies and devise CSR activities centring on Healthcare & Sanitation, Education, Skills & Livelihood, Women Empowerment, Sustainability and Environment and Rural Development.
• Communicate the impact of the Bank’s programs to the local communities.
• Organise customised training at RSETI as per requirement of NGOs operating in the area and ensuring their credit linkage/ employment.
• Ensure that the Financial Literacy Centres (FLCs) work in close co-ordination with NGOs &
Village Panchayats.

24. Deputy Manager (IS Audit)

• Conduct IS Audit, IS concurrent Audit, Technical Part of IS Audit using tools for VAPT.
• Recommend solutions for plugging vulnerabilities and strengthening security posture of the Auditee Unit.
• Conduct & follow-up Compliance Audit in this regard

Click Here For Bank Jobs 2020

 

Staff Selection Commission (SSC) offers a few posts with one of the highest paying jobs in the government sector through the Combined Graduate Level (CGL) examination. SSC CGL offers not only the highest paying but also wide spectrum jobs. Candidates can go through this article to check the salary details of all the posts. Read further to know more about the SSC CGL Salary 2020.

SSC CGL Salary

The salary provided by the SSC is in itself enough for the candidates to take up this job. It offers very lucrative posts with the Government with job stability, handsome Salary and many additional perks and benefits which make the job very desirable among youngsters. Candidates can check detailed information on post wise in-hand salary of SSC CGL after 7th pay commission.

SSC CGL Salary Structure | Post wise

After the 7th pay commission, there is a hike in SSC CGL Salary for all posts. The post wise latest SSC CGL 2020 Salary structure is given below.

Posts Group Gross Salary Pay Level (PL) In Hand Salary
Assistant Audit Officer (Indian Audit & Accounts Department under CAG) Group B 54,864 – 61,424 Pay Level 8 (Rs 47600 to 151100) 50,725 – 57,285
Assistant Section Officer (Central Secretariat Service) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant (Central Vigilance Commission) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant (Intelligence Bureau) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant (Ministry of Railway) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant(Ministry of External Affairs) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant(AFHQ) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant(Other Ministries/ Departments) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Inspector (Central Excise)CBEC Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Inspector (Preventive Officer)CBEC Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Inspector (Examiner)CBEC Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant Enforcement Officer(Directorate of Enforcement, Department of Revenue) Group B 41,003 – 46,183 Pay Level-7 (Rs 44900 to 142400) 36,864 – 42,044
Assistant(Other Ministries/ Departments) Group B 32,667 – 37,119 Pay Level-6 (Rs 35400 to 112400) 29,455 – 33,907
Sub Inspector(Central Bureau of Investigation) Group B 32,667 – 37,119 Pay Level-6 (Rs 35400 to 112400) 29,455 – 33,907
Inspector of Posts(Department of Post) Group B 32,667 – 37,119 Pay Level-6 (Rs 35400 to 112400) 29,455 – 33,907
Statistical Investigator Gr.II(Ministry of Statistics & Prog. Implementation) Group B 32,667 – 37,119 Pay Level-6 (Rs 35400 to 112400) 29,455 – 33,907
Inspector(Central Bureau of Narcotics) Group B 41,003 – 46,183 Pay Level-6 (Rs 35400 to 112400) 36,864 – 42,044
Sub InspectorNational Investigation Agency (NIA) Group B 32,667 – 37,119 Pay Level-6 (Rs 35400 to 112400) 29,455 – 33,907
Inspector (Income Tax)CBDT Group C 41,003 – 46,183 Pay Level-6 (Rs 35400 to 112400) 36,864 – 42,044
Auditor(Offices under CAG) Group C 27,766 – 31,790 Pay Level-5 (Rs 29200 to 92300) 25,123 – 29,147
Auditor(Offices under CGDA) Group C 27,766 – 31,790 Pay Level-5 (Rs 29200 to 92300) 25,123 – 29,147
Auditor(Offices under CGA & others) Group C 27,766 – 31,790 Pay Level-5 (Rs 29200 to 92300) 25,123 – 29,147
Accountant /Junior Accountant(Offices under CGA) Group C 27,766 – 31,790 Pay Level-5 (Rs 29200 to 92300) 25,123 – 29,147
Sr. Secretariat Assistant(Central Govt. Offices/Ministries other than CSCS cadres.) Group C 24,446 – 28,180 Pay Level-4 (Rs 25500 to 81100) 22,121 – 25,855
Tax Assistant (CBDT) Group C 24,446 – 28,180 Pay Level-4 (Rs 25500 to 81100) 22,121 – 25,855
Tax Assistant (CBEC) Group C 24,446 – 28,180 Pay Level-4 (Rs 25500 to 81100) 22,121 – 25,855
Compiler(Registrar General of India) Group C 24,446 – 28,180 Pay Level-4 (Rs 25500 to 81100) 22,121 – 25,855
Sub Inspector(Central Bureau of Narcotics) Group C 24,446 – 28,180 Pay Level-4 (Rs 25500 to 81100) 22,121 – 25,855

A Graduate job aspirant can easily be lured with this pay and benefits. Thus, the number of applicants in CGL are increasing every year.

SSC CGL Salary Structure Classification Of City

The 7th Pay Commission has proposed the following HRA which varies according to the types of cities. Cities are classified into Class X, Y and Z based on factors like population, cost of living and urbanization.

Class X 8 Cities only- 24% HRA (Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, and Pune)
Class Y Around 100 Towns (With a Population above 5 Lakhs) – 16% HRA
Class Z Rural Areas – 8% HRA

SSC CGL Salary Structure: Deductions

Salary Head Deductions
National Pension Scheme 10% on Basic Pay
Employee Provident Fund Based on the employee’s Basic pay which is 12% of SSC CGL Salary (Basic Pay + Dearness Allowance).
TDS and other taxes like Education Cess will be deducted.Total Deduction = NPS+EPF+Tax (TDS)+Other deductions.
Gross Salary = Basic Pay + DA + TA + HRA
Inhand Salary  = Gross salary – Total Deduction

SSC CGL Salary after 7th pay commission (Grade-wise)

Candidates can check Grade Pay wise Salary of SSC CGL in the tables given below. Candidates can see how Travelling Allowance (TA), Dearness Allowance (DA) & House Rent Allowance (HRA) are calculated for different cities and what are the deduction from the salary.

Pay Scale 8

Candidates can check salary of Pay Level 8 posts for x, y and z categories cities.

SSC CGL Pay Level 8 (Rs 47600 to 151100)

City X Y Z
Basic 47600 47600 47600
TA 3600 1800 1800
DA 0 0 0
HRA 47600*0.24 = 11424 47600*0.16 = 7616 47600*0.08 = 3808
DA on TA 0 0 0
Gross Salary 62624 57016 53208
GPF (NPS) 4760 4760 4760
CGEGIS 2500 2500 2500
CGHS 325 325 325
Net Salary 55039 49431 45623

Pay Scale 7

Candidates can check salary of Pay Level 7 posts for x, y and z categories cities.

SSC CGL Pay Level-7 (Rs 44900 to 142400)

City X Y Z
Basic 44900 44900 44900
TA 3600 1800 1800
DA 0 0 0
HRA 44900*0.24 = 10776 44900*0.16 = 7184 44900*0.08 = 3529
DA on TA 0 0 0
Gross Salary 59276 53884 50292
GPF (NPS) 4490 4490 4490
CGEGIS 2500 2500 2500
CGHS 325 325 325
Net Salary 51961 46569 42977

Pay Scale 6

Candidates can check salary of Pay Level 6 posts for x, y and z categories cities.

SSC CGL Pay Level-6 (Rs 35400 to 112400)

City X Y Z
Basic 35400 35400 35400
TA 3600 1800 1800
DA 0 0 0
HRA 35400*0.24 = 8496 35400*0.16 = 5664 35400*0.08 = 2832
DA on TA 0 0 0
Gross Salary 47496 42864 40032
GPF (NPS) 3540 3540 3540
CGEGIS 2500 2500 2500
CGHS 225 225 225
Net Salary 41231 36599 33767

Pay Scale 5

Candidates can check salary of Pay Level 5 posts for x, y and z categories cities.

SSC CGL Pay Level-5 (Rs 29200 to 92300)

City X Y Z
Basic 29200 29200 29200
TA 3600 1800 1800
DA 0 0 0
HRA 29200*0.24 = 7008 29200*0.16 = 4672 29200*0.08 = 2336
DA on TA 0 0 0
Gross Salary 39808 35672 33336
GPF (NPS) 2920 2920 2920
CGEGIS 1500 1500 1500
CGHS 125 125 125
Net Salary 35263 31127 28791

Pay Scale 4

Candidates can check salary of Pay Level 4 posts for x, y and z categories cities.

SSC CGL Pay Level-4 (Rs 25500 to 81100)

City X Y Z
Basic 25500 25500 25500
TA 3600 1800 1800
DA 0 0 0
HRA 25500*0.24 = 6120 25500*0.16 = 4080 25500*0.08 = 2040
DA on TA 0 0 0
Gross Salary 35200 31380 29340
GPF (NPS) 2250 2250 2250
CGEGIS 1500 1500 1500
CGHS 125 125 125
Net Salary 31045 27205 25165

To get a job with this salary, a candidate must be thorough with the exam for which you are appearing. And to ace the exam, one must know the few points on its topics and pattern.
Before starting the preparation for any exam, candidates must know what to study and whatnot. Generally, a few candidates waste their time studying out of syllabus material. Candidates are advised to check SSC CGL Syllabus on the link below before starting their preparation, so they can optimize their time wisely. This link provides detailed Syllabus of SSC CGL and all the important changes mentioned in the notification

Check SSC CGL Syllabus 2019

What is the exam pattern of SSC CGL?
Candidates must know all the details of the Exam Pattern to channelize their preparation for the exam. Check SSC CGL Exam Pattern on the link provided below.

Check SSC CGL Exam Pattern 2019

Have you checked SSC CGL Previous Year Cut Off .?
Candidates are advised to check the previous year cut off of SSC CGL. It will help you to know the direction of your preparation. You can compare your score with the last year cut off, this will help you to evaluate your preparation.

Check SSC CGL Cut Off 2019

Candidates can check more government jobs on the below link.

SBI Clerk Salary 2020 is one of the top queries of aspirants. The details of salary structure, allowances, and other perks of the profile are discussed. With the release of official notification in January this time, aspirants with a dream of Bank job will want to know the salary details, the work/job profile and the perks that the SBI Clerk enjoys. SBI Clerk 2020 Online Applications began from 3rd January 2020.

Let us look at the details of the Clerk or Junior Associates Salary, In-hand Salary, Perks, Allowances & Job Profile.

SBI Clerk Result 2020: Prelims Examination

SBI Clerk Salary 2020

The basic salary of an SBI Clerk is about Rs 25000/- per month that includes the Dearness Allowance(D.A). SBI Clerk Salary Structure: 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110- 2120/1- 30230-1310/1-31450.

The SBI Clerk/Junior Associate has a basic pay of Rs.13075/- SBI Clerk pay scale as per the SBI Clerk notification 2020 is given below.


The facility of yearly increment is fixed too. The increments given are as follows:

Period Basic Pay (INR) Increment (INR)
For the First three years 11,765 655
For the next three years 13,730 815
Another 4 years 20,095 2120
For the next 7 years 28,810 1310
After 1 year 31, 540

SBI Clerk Salary: In-hand Salary

A Clerk or junior associate in SBI receives an approximate amount of Rs. 23,000/- (in-hand) including the DA. The in-hand salary of SBI Clerk usually lies in the range of Rs. 20,000/- to Rs. 22,000/-, which mostly depends on the location of posting

SBI Clerk Salary: Perks & Allowances

After clearing the SBI Clerk examination, the clerk enjoys the following perks:

  • Stability
  • Financial Security
  • Pension under New Pension Scheme(NPS)
  • Medical Insurance
  • Provident Fund

For such perks and overall package, a candidate must be through with their preparation. Do check the exam pattern & syllabus for SBI Clerk to start your preparation.

SBI Clerk Allowances

Along with the basic salary, the list of other allowances includes the following:

  1. Dearness Allowance
  2. House Rent Allowance
  3. Transport Allowance
  4. Special Allowance
  5. City Allowance
  6. Medical Allowance
  7. Newspaper Allowance
  8. Furniture Allowance

Allowances vary from the place of posting. The employees are provided with a provident fund, pension under New Pension Scheme, Medical, Leave fare and other facilities.

SBI Clerk Job Profile: Roles and Responsibilities

A candidate appointed as a clerk in a State Bank of India has an immense growth chance of growing until the post of General Manager. As mentioned, it is a good opportunity to get an entry-level job in the banking sector. The role of an SBI Bank Clerk includes the following:

  1. Functions as a Single Window Operator
    -Day to day bank functions such as opening accounts, amount transfers through cheque/ NEFT/ RTGS; Issuance of Demand Drafts(DD), Cheque clearance, Cheque book requests, receiving inward emails
  2. Functions as Head Cashier
    -Sometimes, the clerk also functions as a cashier. This involves handling cash transactions of the concerned branch, clearing and transfer of cheques
  3. The Junior associates may also function as special assistants or universe tellers
  4. The clerks are also liable for addressing the customer concerns and resolving them

SBI Clerk Promotion

Promotions for SBI Clerk can be of two types:

1. In-Cadre Promotions for SBI Clerk

  • A candidate in the clerical cadre who has has been in service for ten years will be promoted to the post of Senior Assistant. This post shall receive a special allowance of Rs.1800/-
  • A candidate in the clerical cadre who has been in service for twenty years will be promoted to the post of Special Assistant. This post shall receive a special allowance of Rs.2500/- which will be considered for Dearly Allowance (DA) & House Rental Allowance (HRA)
  • A candidate in clerical cadre who has been in service for thirty years will be promoted to the post of Senior Special Assistant. This post shall receive a special allowance of Rs.3500/- which will be ranked for Dearly Allowance (DA) & House Rental Allowance (HRA)

2. Promotions for SBI Clerk to Officer Cadre To Trainee officer

  • A candidate as a clerk in service for three years can become a trainee officer after clearing a written test and interview. Such clerks are kept under probation for an initial two years of appointment as Trainee Officer. Based on performance and after the probation period, the trainee officer will be either recruited into Middle Management Grade Scale-II (MMGS-II) cadre or sent back to the clerical cadre.

3. Directly to JMGS-I

  • A six-year service under fast track promotion channel or after twelve years of service under normal promotion channel, a clerk can become a Junior Manager Grade Scale (JMGS-I) officer, after clearing a written test & Interview. This promotion is subject to an upper age limit.

Click here to Check SBI Clerk Cut off

SBI Clerk Salary: Probation Period

  • A candidate will be serving a period of 6 months on probation. Newly recruited Junior Associates will be required to complete e-lessons as prescribed by the bank during the probation, for getting confirmed in the Bank, failing which their probation will be extended till completion of the same.
  • Further, before the probation period comes to an end, the performance of the newly recruited employees will be evaluated and the probation period of those employees whose performance does not meet the expectation, maybe extended

Check more Bank Jobs 2020

SSC CPO Salary is a common attraction to the candidates looking for an opportunity in the defence field. While applying for the examination, candidates are curious for the in-hand salary of SSC CPO. A highly respectable position, well-paid salary, allowances and assured future through a pension makes the job too much appealing. In this article, details of the SSC CPO Salary, Inhand Salary, including In hand salary, structure, Allowances and Promotion have been provided along with the total after 7th Pay Commission. Read further to know all the details.

Click Here to View SSC CPO 2020 Official Notification

SSC CPO Salary In Hand

The Salary for the SSC CPO posts includes the in-hand salary, structure- basic and allowances. The amount is calculated as per gross salary minus the deductions. Hence, the in-hand salary becomes Rs 41231.

SSC CPO Basic Salary

The Basic Salary of SSC CPO is Rs 35400.  After the 7th Pay Commission, there has been almost 22-24% salary hike for SSC CPO Officers. The SSC CPO Gross Salary is Rs 47, 496.

The SSC CPO Salary Structure has been tabulated below:

Name of the post Level Group SSC CPO Salary (Post wise) Grade Pay
Sub Inspector in Delhi Police (Male/ Female) 6 ‘C’ Non-Gazetted Rs. 35400-112400/- 4200
Sub Inspector in CAPF 6 ‘B’ Non-Gazetted Rs. 35400-112400/- 4200
Assistant Sub-Inspector(ASI) in CISF 6 ‘C’ Non-Gazetted Rs. 29200-92300/ 2800

SSC CPO Gross Salary

The Gross Salary is calculated by adding the basic salary with the HRA and TA & DA(as applicable). The other allowances are mentioned that are used to calculate the total salary.

SSC CPO Salary Allowances

SSC CPO Basic Salary comes with a number of allowances. These allowances are variable in amount depending upon the city of posting of the candidate.
These SSC CPO Salary allowances include:

  1. Dearness Allowance
  2. Home Rental Allowance
  3. Travel Allowance
  4. Dearness on Travel Allowance
  5. NPS
  6. CGHS
  7. CGEGIS
  8. Deductions
SSC CPO Salary
Basic / Allowances
X City Y City Z city
Basic Salary 35400 35400 35400
DA 0 0 0
HRA 8496 5664 2832
TA 3600 1800 1800
DA on TA 0 0 0
Gross Salary 47496 42864 40032
NPS 3540 3540 3540
CGHS 225 225 225
CGEGIS 2500 2500 2500
Deductions 6265 6265 6265
SSC CPO In Hand Salary 41231 36600 33767

Click here to Check SSC CPO Cut Off

SSC CPO Salary After 7th Pay Commission

The salary of SSC CPO is revised after the implementation of the 7th Pay Commission. The level of pay is 6 for SI, CAPF and CISF. the salary is Rs 35400 -112400 for SI in Delhi Police & CAPF while it is between Rs 29200-92300 for ASI in CISF.

Defence jobs is a major attraction to the young in the Government sector, especially for the profile of the job and a high amount of perks offered. Let us look at the job role that the candidates need to perform.

SSC CPO Job Profile 2020 – Roles & Responsibilities

The job profile for each post of SSC CPO is described. The basic duty is to take care of the law and order situation and security

SSC CPO CISF Job Profile

  1. Providing security to various government establishments, PSU and other state-owned infrastructures
  2. Protecting the Government infrastructure projects and industrial units

SSC CPO Job Profile for Sub-Inspector in Delhi Police

  1. Responsible for maintaining law and order in Delhi

SSC CPO Job Profile for CAPFs

  1. Border Security Forces (BSF)-
    Protecting the border between India & Pakistan
    Promoting the sense of security in the citizens of India
    Prevent crimes across the border and illegal refugees
  2. CRPF– Responsible for controlling riots & Naxalites
  3. ITBP
    Protecting the border between India & China (from Ladakh to Arunachal Pradesh)
    Providing security at northern borders that are close to Pakistan and China
    Preventing the violation of border
    Preventing smuggling, anti-national activities and illegal immigration across the border
  4. SSB
    Protecting Indo – Nepal and Indo – Bhutan borders
    Preventing cross-border crimes, smuggling, and other anti-national activities
  5. CISF
    Providing security to various government establishments, PSU and other state-owned infrastructures
    Protecting the Government infrastructure projects and industrial units
    Sub-Inspector in Delhi Police is responsible for maintaining law and order in Delhi.

Check SSC CPO Syllabus

SSC CPO Benefits & Promotions

After qualifying SSC CPO exams, one can seek a job in the CRPF, SSB, CISF, Delhi Police and ITBPF. The job profile will differ based on the division you join. However, the main role of the job is to maintain law and order across the country and its border under all situations.
SSC CPO provides reputed jobs to many aspirants throughout the country in the defence sector. The job is a huge responsibility as it requires a lot of patience and strength to maintain peace and order. Thus, it is also a respectable position to attain.
SSC CPO Salary gets increased as per the government norms and including the 7th Pay commission.
The promotion of SSC CPO Posts are as follows:

  1. An assistant sub-inspector takes at least 7-8 years for their first promotion.
  2. A sub-inspector becomes an inspector after 15-18 years, and at least 12-15 years to attain the post of an ACP.
  3. An SI in CAPF has to clear a written examination for promotion.

Overall, the SSC CPO Salary and perks offered through the job profile is very attractive and gives a good career growth. With a government job for a secured career, Salary also comes with a number of allowances and perks.
Numerous candidates will be applying for the given post. Candidates applying for the post are advised to stay updated with the website, sarkarijobs247.com for recent notifications related to SSC CPO Salary, Application Form and other defence government jobs.

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J & K Bank Salary 2020: You must be aware that the Jammu and Kashmir Bank has released a total of 1850 Vacancies for the post of Banking Associate and Probationary Officer (PO). Out of the 1850 vacancies released by the JK Bank, 1500 vacancies are for the post of Banking Associate and 350 for the post of PO.

J and K Bank is a highly secured bank that offers great pay. This article aims to shed light on the salary, perks, and allowances, joining details on working at JK Bank. Before we proceed into the details of the salary, let us have an overview of the J & K Bank Exam 2020.

Note: The JK Bank Salary is based on previous years’ (2018) recruitment. If there will be any change when the official notification for 2020 is released on 20th June, it will be updated here (if any).

Click Here To Apply For J & K Bank Recruitment 2020

JK Bank Salary 2020: Overview

JK Bank Salary 2020 
Name of the Bank Jammu and Kashmir Bank (J&K Bank)
Post
  1. Banking Associate and
  2. Probationary Officer (PO)
Total Vacancies 1850 vacancies
Selection Process Written Online Test
Stages of Selection
  • 3 stages for Bank PO
  • 1 Stage for Bank Associate
Notification Click Here To Download
Application Mode Online
Category Bank Jobs
Application Date 20th June 2020
Job Location Jammu & Kashmir
Official Site  www.jkbank.com

JK Bank Salary 2020

As the online process will begin from 20th June onwards, candidates must be eager to know about the Salary, Growth Opportunities, Perks and allowances. Jammu and Kashmir Bank is semi government-owned bank having pan India presence with almost 700 branches and expanding. Diversity, inclusion and mutual respect are essential elements of working at J&K Bank.

Let us now discuss the salary of J & K Bank PO and Banking Associates.

JK Bank PO Salary

The starting basic pay is Rs. 23700/-
Pay Scale of 23700-980/7-30560-1145/2-32850-1310/7-4202.
A JK Bank PO will receive other perks applicable to Junior Management Grade Scale-l (JMGS-I).

To sum it up, refer to the table below:

Scale Basic Salary Payscale
JMGS – l Rs. 23700/- 23700-980/7-30560-1145/2-32850-1310/7-42020

Increments For JK Bank PO

  • A newly recruited Probationary officer will get Rs.23700/- as a Basic Pay per month.
  • There will be an increment of Rs.980/- annually for the next 7 years.
  •  After 7 years, the Basic Pay will be Rs.30560/-. Thereafter, there will be an increment of Rs.1145/- annually for a period of 2 years.
  • After the next two years, the Basic Pay will be Rs. 32850/-.
  • Then there will be an increment of Rs.1310/- per year for the next 7 years until the Basic Pay reaches Rs.42020/-

J & K Bank PO Salary: Joining Details

  1. The selected candidates, at the time of joining, will have to execute a bond of Rs.5 Lakhs to serve the bank for a minimum period of 5 years.
  2. On successful joining as a Bank PO, they will be on probation for a period of 2 years.
  3. Their performance will be assessed during the probationary period.
  4. The candidates who qualify in the assessment as per the standards determined by the bank will be confirmed in the service of the bank in JMGS-l.
  5. If any candidate fails to achieve the minimum standard stipulated by the bank, his/her services can be terminated.

JK Banking Associate Salary

The starting Basic Pay for the post of JK Bank Associate is Rs.13075/- (with Two Advance Increments )
Pay scale:  11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230-1310/1-31540

Scale Basic Salary Payscale
JMGS – l Rs.13075/- (with two advance Increments) 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230-1310/1-31540

Increments For JK Bank Associate

  • A newly recruited Bank Associate will receive a Basic Pay of Rs.13075/- with two increments in advance.
  • Thereafter, there will be an increment of Rs.815/- for a period of three years.
  • Next, they will get an increment of Rs.980/- for the next 4 years.
  • This will follow with an increment of Rs.1145/- for a period of 7 years.
  • After that, they will get an increment of Rs.2120/-  for 1 year and RS.1310/- for 1 year until the Basic Pay reaches Rs.31540/-.

JK Banking Associate Salary: Joining Details

  1. The selected candidates, at the time of joining, will have to execute a bond of Rs.2 Lakhs to serve the bank for a minimum period of 5 years.
  2. On successful joining as a Banking Associate, they will be on probation for a period of six months.
  3. During the probationary period, the candidates will be continuously assessed for their performance.
  4. If any candidate fails to achieve the minimum standard stipulated by the bank, his/her services can be terminated.

JK Bank Salary: Perks and Allowances

The candidates who will be appointed for the post of J & K Banking Associates and PO will enjoy the following benefits along with the salary as given above.

  1. Dearness Allowance (DA)
  2. City Compensatory Allowances (CCA)
  3. House maintenance allowance
  4. Telephone bill reimbursement
  5. Entertainment allowance
  6. Travel Allowance
  7. House Rent Allowance (HRA)
  8. Medical Allowance