Tuesday , 29 July 2014
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Latest PSU Bank salary scales Clerk JMGS MMGS SMGS

Bank jobs are obviously one of the most sort after career options for the youth of the country; regardless of the fact that the job itself could be a rather tiresome one, involving heavy work hours, no Saturday off and mandatory transfers in case of officers. May be its the job security that’s the most catchy thing. Any way, if you are in this field or wanting to be in the banking sector, here’s what your pay scales would look like:

Clerks:  Rs . 7200 – 19300.

JMGS :   Junior Management Grade Scale – I :  Rs .14500 – 25700

MMGS : Middle Management Grade Scale – II:  Rs. 19400 – 28100

MMGS : Middle Management Grade Scale – III: Rs . 25700 – 31500

SMGS : Senior Management Grade Scale – IV:    Rs .30600 – 36200

SMGS: Senior Management Grade Scale – V: Rs.36200 – 40400

The above scales are applicable to Public Sector bank employees. This is under revision from 2012.

Note that these are just scales and doesn’t represent the actual take home salary. A good yard stick for those posted in metros is to double the initial scale to get the first take home salary. For example, those who joined as PO’s in, say, Mumbai, their initial take home would be like Rs.29000 (Rs.14500 x 2).

Sample hierarchy of titles are as follows: Probationary Officer/Assistant Manager, Dy.Manager, Manager, Chief Manager, Assistant General Manager (AGM), Deputy General Manager (DGM), General Manager (GM), Managing Director/Chairman. Where ever applicable, an ‘Additional’ title would place the candidate in a higher position than the corresponding title. For example, an Addl GM would be in a higher role than a GM.

Though the pay scale slightly varies from bank to bank due to many reasons like the working place viz.metros, rural areas the basic scale remains the same for every public sector bank.

From time to time, various people ask me how far can a person joining as a Clerk go by the time of his resignation? That’s a fair question which I think most people will have in their minds.

Promotions in PSU Banks happen via tests and/or interviews. From my experience, considering one joins as a clerk at the least possible age and clear all their promotion exams in first attempt, one can certainly go as far as a Chief Manager.

In the same way, if one joins as a Probationary Officer (PO) at the least possible age and does really well in promotion exams, one can end their career as General Managers or even Managing Directors. Most of the bank GM’s and MD’s who you see today joined as PO’s back in their young age.

If you are from a leading Management Institution like the IIM’s for example and you are picked up by a PSU Bank, you can begin your career as a Chief Manager, something that a Clerk can only reach by the time of his resignation.

124 comments

  1. What is the salary package for senior manger/branch (scale 111) in federal bank?

  2. Got job as clerical assistant in SBI.
    Pl somebody tell what is the salary structure, increments and promotions…

  3. I have done MBA in HR and want to work in the banking sector.

  4. I feel working in a public sector bank is much better option. I have 30 years of experience in technical field. I am presently working in a higher position in a public sector steel industry. Do you know how much time a production officers works there? On an average 10-12 hrs a day. After going home there is no peace, as any time production can stop for any reason like sudden breakdown, man related problem, quality related problem, safety and accident related problems etc. Minimum 2-3 phone calls at mid night due to the above problems. Sr. officers in process industry is always in alert condition, they have to give production which runs for 24 hrs a day and every minute is equally important. There is no off day / national holiday/ no full leave day as it runs continuously. Where as same friends in non production unit like finance, purchase etc they don’t get phone call at night or in Sunday or in any national holiday though they get same facility at the end.
    More over you have to face tough work force and union people every day due to so many silly reasons where you don’t have any control. You have to listen so many bad words from the workforce, contractor worker etc.
    Nobody is going to help you, you have to manage the show. Top executive want production at any cost. Ultimate aim is to increase the production. So my friends think over about your late years, which is going to give you a peace and healthy life?

  5. there is nothing to say but what i want to say i don’t no what i want to say so i want to say something which i don’t know

  6. Plz tell me what is the salary and growth opportunities for a Scale-1 IT Officer in govt bank.
    I am working as a software engineer in TCS (New Joinee) where I get 3.16 LPA, 23k in hand. Should I go for IT officer as I have cleared IBPS CWE with 138 marks.

    • As you may be knowing, the work in public sector banks’ (as is the case with TCS too) is intense. The growth is good but you have to keep in mind the mandatory transfers every 3 years or so. If you are in ‘software developer’ role in TCS, then you’ll simply out-earn a bank officer. Else, if you are in fields like testing, it is advisable to shift to banking field, if you have the opportunity.
      Attend the interviews first, if you are selected, then you can make a decision. It is always easy to pick one from two than picking one from none.

  7. I’M WORKING IN PNB MORADABAD CIRCLE AS A HEAD CASHIER SINCE 2011. A new clerk after my special pay and 3 increment i m getting 15870 rs gross (BASIC 8400, DA 64.2%, hra 7%,special pay of head cashier 780)with more than 200+ transaction & amt 1.2cr+ own & with lots of pressure of customer, for from home. will u like such a f job with 14180 salary in hand no allowance

  8. I need copies of officers settlements between IBA and Bank officers union from 1982 onward till date. I also need information on DA slabs for officers in Banks from 1982 onward. I shall thank you to kindly supply this information to me
    I shall feel extremely obliged.

  9. cashier in sbm from 1987……now what is he salary

  10. i had cleared ibps bank po exam and also applying for it officer. i have one and half year lecturer ship experience. for which post i should apply pay scale 1 or pay scale 2. pay scale 2 needs 1 year experience. does banks count teaching experience?

  11. i am ca inter & want to serve in banking industry how can i apply in such industry?

  12. I also want to share my experience with all of you who thinks that banking line is a very good and secure line. I got job in state bank of patiala as clerk. And after one month they did my transfer to an interior place of himachal. They said you did not join the clerk union so you have to pay for this. Now i am going to high court against there decision. But don’t know whether i will succeed or not. Hope i will win the case and it will be a big blow on their face who do politics in banking sector.
    So friends, whether i win or not but i am going to leave this job.

  13. dear please reply me soon.

  14. how much amount of carry home salary of a development officer in United Bank of India in calcutta serving for 3 years is?

  15. what is the present net salary of special asst. in state bank of mysore

  16. I wish to know the policy followed by banks (Nationalized/Rural/ Gramin Banks) in India for providing pay protection to its employees (read as Ex-servicemen). This query is raised due to the fact that many banks in India are providing pay protection to its Ex-servicemen employees and many banks are refusing pay protection. Please advise me on this matter as it will help many employees suffering due to ignorance of policy regarding the pay protection.

  17. dear friends
    plz tell me problem faced by a clerk in nationalized bank is he not paid in time or have any pressure or leave problem

  18. Dear friends
    Let me know what is hard work in bank as clerk ,is he work without fan or water ,is he face any political pressure, he is not paid in time , or is he posted in remote where no communication or transport.

  19. all my friends who want to join bank please see the truth……
    .
    i am a sbi po joined 2011 April
    i am posted in Gujarat about 1500 km from my home in Delhi..
    we have tremendous work pressure…we work from 8 am to 9 pm and in some worst cases up to 11 pm…even they call us on Sunday to work in branch…
    our manager is always in acute tension how to meet targets of loan and deposit…he is from himachal pardesh even farther from me….there are two other officers from patna and up…
    all of us are completely frustrated of this job….there is no mental or physical stability…
    there is a every three year compulsory transfer policy and you will be transferred to every part of the country except to your home state because acc. to policy you can get transferred to your home only once in the whole job lifetime and that can’t happen before 10 years of permanent service……..
    hater such hard work what we get in hand is rs.22370 (after all deductions)…even less then a primary teacher….this salary can keep you only hand to mouth when you are away from home……
    ..a lot of employees are taking vrs(voluntary retirement)…in just 5 months of service i have witnessed two officers taking vrs from our branch….i am just 23 and i want to change the job but i don’t get even a single minute spare to study……..but i can truly say that i can’t continue here for long if i did i will definitely get brain hamerage within 10 years……
    .
    .but i warn you to be aware of these facts so that you not get trapped in this net……..please somebody help me.

  20. Please advice, salary in hand for MMG Scale II :19400-700/1 – 20100 – 800/10 – 28100 of Bank of india, Corporate Communications .

  21. hello .can anybody tell me the in hand salary of bank of india p.o.

  22. which one is the best between bank of india po and union bank po. also give info about salary of both bank.

    • Haha, what do you mean by ‘best bank’?
      Business wise Bank of India is larger than Union Bank, but I feel Union Bank has more youthful look than Bank of India. Now decide yourself.

  23. pl be careful of PO post of private sector banks.go and find what they r doing yourself. they r working as clerks

  24. Pl. tell me the total salary in hand for the Jr.Branch Manager in Uttar Pradesh Zila Sahkari Bank ltd. Pl. tell me what is the meaning of 6300-17400 as written on the detailed advertisement for the said post.

  25. hello guys! first of all I am a normal employee in a private HSBC,gurgaon bank.I started my banking career in the starting of 2011.And my salary is 80,000.Hsbc is a good option.

  26. Here is some piece of insight into the matter..
    If you have got the reqd. qualification and can clear the competitive exams then please stay away from the banking sector. I also committed this mistake but by God’s grace, I could come out of the quagmire. I joined as a PO in SBI in 2009 and by the end of nearly 6 monthly, I had become a hopeless vegetable. It was then that I decided to move on to the Public Sector Enterprise. The reasons are numerous- Pittance is offered for the salary, hard places for the postings, and work pressure..Whoa..as correctly said above by one of the respondents-Banging your head with the hammer…Certainly..So, if you want a better life then please stay away from the banking sector.Many of my batchmates are still trying to get away from the banking sector and in particular from SBI, the largest bank of India…!!!!

    • Dear sonu,
      I don’t know which branch you joined where you had such a pressure that you became a HOPELESS VEGETABLE. I am also from your batch and still working with SBI and still have no plans to leave the bank. Moreover if you like bribes and free lunches then definitely SBI is not for you but government departments and I personally appreciate your decision.

  27. please tell the salary of the ICICI bank for scale 1 officers salary for recently conducted exam

  28. Plz tell me what is the total salary for the post official language officer in the united bank of India including all D.A, H.R.A and other allowances.

  29. I am selected as clerk in canara bank. Plz tell whats the initial salary in hand for clerks in canara bank.

  30. hi…nyone plz tell me the in hand salary of IDBI bank assistant manager?

  31. it would be better if you could kindly upload pay scales of workman staff under various bipartite settlements

  32. hello sir,
    I would like to know the total emoluments in corporation bank clerical cadre after probation period as am offered job in recent recruitment.

  33. I am currently working in a pvt co. earning 28,ooo in hand, being a fresh graduate. I am in a dilemma to be here or try for some bank POs, as they give better work-life balance. But the whole problem is reduced pay, but not forgetting security of job unlike here. I have also heard the job in banks are stagnant and not challenging and monotonous. What do you all suggest.

    • Am selected in corporation bank recent recruitment in clerical cadre,
      I certainly believe i would also be selected in Indian bank clerical recruitment,
      So guide me which bank is best place to work and which bank provides best perk and allowances.

  34. Could anyone tell me what is the basic pay, grade pay, DA, HRA, TPT, DA on TPT and deductions detail in SBI for clerical cadre new joinees as assistant, also could you tell the frequency of hike in salary. What will be the salary after 10 years? What are the other benefits for clerks. What is the promotion process? etc. Thanking you in advance.

  35. Sir,
    In how much time the results of bank Po/Clerk comes?
    Thank you
    Amit Bose

  36. Plz plz tell me what is the salary of fresher clerk including da+hra n other allowances in BOI

    • hey supriya..at starting you may gat around 12k in hand..after all deduction of pf nd insuarance..nd in any bank ur salary increases by every 3 mnths as per the d.a. percentage.

  37. I AM IN B.COM 2ND YEAR AND I WANT TO KNOW THAT INSTITUTE OF FINANCE BANKING AND INSURANCE (IFBI)IS REALLY GIVING PLACEMENTS AFTER 9 MONTHS OF ITS DIPLOMA COURSE.PLEASE PLEASE HELP ME

  38. i am a graduate. plz tell me the total salary including d.a, h.r.a and other allowances for the post of clerk in bank of baroda

  39. Plz tell me what is the total salary for the post of clerk in bank of baroda including all D.A, H.R.A and other allowances.

  40. i am promoted from scale ii to scale iii w.e.f.24.8.2010 and my annual increment date is 1st sept, what will be my new basic pay as on 1st sept. will i get two increments or only normal one increment

  41. does experience of gramin bank are counted if a person wants to apply in other bank like sbi, oriental, canara, central bank

  42. would any one be kind enough in telling me what should i expect as total remuneration working as an Asst. Gen Manager for a top PSU bank while posted in bangalore. gross package inclusive of all if stated will be very much appreciated. In fact this will help me a long way in deciding whether to work for a bank or continue further for doctoral degrees.
    thanking you in advance. (my sources say AGM is the highest post they offer directly)

  43. Hi fnds
    This is yusuf and recently joined SBI bank as a assistant manager (civil) in LHO delhi ,want to know salary structure of scale 1 and other facilities ,
    Plz help thanks

  44. Hi sir
    I have cleared clerical written test of bank of baroda. I m doing my MBA In FINANCE from tyre 2 B school from PUNE university. my college offers very good job in marketing whch fetch avg packlage of more than 3.5 lakh. In finance also if companies come they initialy recruit us for selling financial product. So i need ur Sugetion can i join clerk post if i get selected as i m not satisfying criteria of PO eligibility. WHAT r the promation chances if i joined as a clerk.

    • Mr.kumar i think any govt job is very good present situation.if u r selected u r going is it clerk or any post plz go on the way.now i am studying 2nd year mba in eluru.my aim is to settle govt employe.wish u all the best.

    • Mr.Kumar go ahead nd join as a clerk in Baroda.dis s only an entry level .u hav many other higher post waiting there 4 u. dont mis d oppurtunity.

  45. hi,
    i m selected in SBI asso bank PO (SBP)… i want to know about the promotion process of a po…

    in SBI 2010 advertisement it was written that a PO after probation would undergo a screening process after which he can be put into scale 2…

    but there is no such statement in SBI asso bank 2010 Advertisement…

    are the promotion rules are different in SBI and its associate banks???

  46. Sir
    Please tell me about the total salary of clerk in bank of india.How much paid by bank as HRA & DA
    Thank You

  47. hi me completed BE mechanical can i go for clerk job in bank or not… if i go for clerk job in bank than what will be growth (promotion) how mch years will take …..plz help me…

    • hai santosh.dont hesitate 2 join as a clerk.its an entry level 2 bank.manager, gm and many other higher posts r thr.your life wil b secured.u can appear 4 deparment xam & improve ur level. iam BE ,ECE i hav cleared baroda &corp bank clerk.good luck.

  48. I like to know the pay for clerical in corporation bank after probation period

  49. Can you plz tel me what would be the take home of Grade I officer at Union bank of India?

  50. I want d details of salary structure of a clerk in bank of india, means how much will be the HRA, % OF DA

  51. i m goin to join allahabad bank in clerks post. but i m a student of b.sc. final year. so can i continue my studies in the same way or i have to restart my graduation through any correspondence course?

    • Try to attend minimum classes for getting permission for B.Sc Exam or talk with the HOD of your college dept if he gives some terms & condition for appearing in the Exam with doing your job. As everybody knows how it difficult to get a job in India.

    • Of course Yes, there is no restriction on continution of studies

  52. Anyone having a idea when will the Punjab & Sind Bank PO result will be coming…..

  53. Joining as po in scale-1 ubi…how long to be deputy manager and the exact salary in hand if in bangalore

  54. Please tell the grade and salary of the recruitee after being selecting through PO and completing 2 years of training.

    thnaking you

  55. Syed Adil Mehdi

    I want to know the promotion criteria of Public Sector Banks . How much time does an Assistant Manager takes to become Deputy Manager ?

  56. dear sir,

    recently i have been selected for the post of manager in scale-II, i want to know the salary stuctures of scale – II officers and if other befifits given atr this level

  57. I hv been selected fr bank IT officer post in Bank of baroda.I have done my B.E but i am a little skeptical about this job as my area of interests are development and database mgmt.As i am a fresher so salary is nt an issue for me only good job experience is my interest right now.Can any of u guys pls tell me wat different types of technical works are there in abank for an engineer to do.

    • hello, lalit how r u?
      i m very happy to know, u r selected for IT officer.

      i m also preparing for it officer, so could u help me in preparation of it officer?

  58. sir,
    can u please tell me the pay scale of a branch manager dist co- operative bank uttar pradesh and is their pay at par with central bank employees.

  59. I have just completed my post graduation in finance and selected as Grade II at Union Bank of India. There are others been selected at Grade I as well…Can anyone please let me know what wud be the take hom at Grade I & II. Thanks in anticipation

    • hi vijay this is manjunath working at union bank of india call me in the evening i will give
      all the information
      mob:9900981648

      • Dear Manjunath,

        My Self Shaik Mohammad Ali,
        I had selected for Manager Credit under MMGS II.
        I just wanted to know how much time it will take to get an offer letter from the date of result.
        Is there any other formalities that needs to be completed after Medical Test.

        Regards,
        Mohammad Ali

  60. hi, i would like to know if standard chartered ban k is included in it for salary hike of foriegn or private banks in iba??????????????????????????????

  61. pls tell me what actual ctc of JMG-I scale & also give me break up of all allowances including leased accomodation and other facilities viz. interest rate on FD & loans

  62. Dear friends, All of us came to know the new settlement. How intermediator took profit for them selves. And left you alone. So my request to all bank employees is that why we should not left The next pay revion decision to the goverment then these BICHOLIAS as they will talk abt themself

  63. Dear sir, my 4th point is that bankers talk about technologies they adopted but the cashiers working in remote areas are even without counting machines and fake note detecting Machines, I feel strange when bankers talk abt technology,

  64. i have been selected for the interview round of SBI clerk. being a post graduate whats the probability of making it through with a good performance in the interview roung. moreover what is the salary( take home) in kolkata.

    • There is nothing exceptional about being a post graduate as you’ll find that most of the people who come for the Interview are PG’s or professionals with Engineering degree’s. It really depends on your performance there.
      But if your PG is done in something like Finance, you sure have an edge over others.

  65. As I joined in one of the associates of SBI recently as a stupid clerk, I realized what the mistake that I have committed for joining that f***post. I resigned a private job which I was thinking that there was bossism but realized when I joined bank what exactly the bossism is.
    And my sincere suggestion or request whatever it is, people who completed B.tech or MCA or MBA do not drag yourself in this sector. From one side the customers and the other side these Soooopervisory staff will kill your mind. Ok even if you want to bang your head with the hammer then atleast join as a PO.

    • Yep, B.Tech, MBA’s and MCA’s are meant for PO’s and not clerk’s. If you still join as a clerk with those degree’s you are surely underselling yourselves, which I think you did here (?).

    • dont mind my dear friend but remain happy with that as ur completely secured there, no one is to come and say that ur fired, sucking private sectors. i had seen enough of this nonsense, by the way I have also cleared the SBI but want to know the salary package in metros. stay there and find out the internal promotion opportunities and keep posted,. wish u best of luck.

    • IF YOU HAVE DONE ANY DEGREE FROM TIER 1 OR 2 INSTITUTE , YOU WOUL NEVER HAVE JOINED AS A CLERK , IT HAS NEVER EVER HAPPENED , SURE THAT YOU ARE A BACK BENCHER IN A PRIVATE INSTITUTE , HENCE U ARE TALKING LIKE THIS AND USING CLERICAL STATEMENTS . U DESERVE THIS CLERK POSITION AND SUFFER TILL RETIREMENT .

      • dont think as if your are the fittest one you nasty

      • MR ‘your Boss’ ,your reply to mr Ayan’s query states that u r good for nothing.stop making worthless crticism..instead,improve your english to make yourself eligible for tier-3 instititutes.Study hard.

  66. i want to know about the salary structure of Office boy and secuirity guards according to minimum wages act

  67. Dear Sir,

    Please update with latest agreements entered by the Management (IBA) and Unions on wage revision.

    Thanks

    R Venkatramaiah

  68. I am working in Public Sector bank as clerk nowpast 16 years. I am selected A city for JMG what is present salary and after wage revision Please kind tell me

  69. my present gross is 28000 what will be my present gross in new pay scales

  70. Debasree Banerjee

    what is the current pay scales for the clerks in SBI?what is the percentage of DA TA HRA in this scale? How much a clerk can get in hand ?

    • revised salary 25000/- p.m.

    • is it 25000 PM, I really doubt. R u sure, though I have no idea but still have heard that the package is very poor. please confirm.

      • Dear Sir, i have few points for ur kind consideration please, 1) Now a days the cashiers are the most soft target as they bring cash and take back from branch to deposite in city branch from remote areas, 2) why we can not make alternative arrangements for that by cash van? 3) Are you doing any insurance for your employs who handle cash?

  71. MY GROSS SALARY IS RS.34500/- AT PRESENT IN S.B.I.WHAT WILL BE MY REVISED GROSS SALARY

  72. People working in various sectors give a surprising look when bank employees tell them about ” stagnation” .
    They ask “what is stagnation???”
    A school teacher gets his increments until he retires.
    Extra qualifications fetch him some special pay or grade pay,but the yearly
    increment goes on and on!
    A BSNL employee or other govt sector officers go on getting increments year on year
    Bank employees who work on latest environment of CBS etc and cater to the needs of
    financial inclusion take on the challenges of new banking and work harder but he is refused increments!
    Trade union have forgotten to raise their voice unitedly to remove stagnation!
    When the ladder goes higher in banking administration workload goes off!
    Hence the real workers on the field ,on the work front must be compensated with higher pay and there should not much difference within the pay scales of clerical cadre and officer cadre.In defence sector the revolution of reducing the difference of payscales of officer and non-officer cadre is already on!

    • well u r right and the root cause is the unions those idiots get their favour and forget their role. anyways we neeed to find out an alternative to this menance.

  73. WHAT IS THE PAY STRUCTURE OF PSU BANK OFFICERS OF SCALE 1 AND SCALE 2 POSTED IN OVERSEAS BRANCHES OF BANK

  74. Hi Friends,

    Can anyone tell me, what would be the gross & net salary for a scale II officer in metro city according to the existing pay scale, and the new revised pay scale?

    Thanks,
    Samir

  75. what would be take home for a Scale II officer ?

    • Existing(Without HRA) Revised(Without HRA)
      Gross – 23862 27509
      Net Salary 22000 25519

      • Does this Net Salary include the lease accommodation of 4000 p . m.?… This would mean that Scale II new recruits take home would be arnd 22000?

  76. I would like to request IBA and Bank unions to remove the stagnation from Pay scales likely to be reconstructed afresh in line with new Bipartite Settlement signed last week. Since the scale is too short in each scale from I to VII to accommodate officers for long period and provide annual increment every year, there is a provision of stagnation in each pay scale.

    It means officers are not given annual increment for two or three years when reach at last or penultimate stage of their scale. Obviously officers are not given increment as he grows senior only because management is unable to promote him to higher scale because there are not enough vacancies.

    I feel pity for those experienced officers who have all talent and who are hard workers but could not get promotion due to many constraints beyond the control of officer. I agree when number of vacancies is less in upper scale, management is also constrained to give fewer promotions even though such senior officers are good worker,. But I am of the view that such senior officers must get at least annual increment.

    I feel pity for such senior officers because they are not getting annual increment after they reach last stage of their scale even when they are shouldering responsibility of large branches successfully.

    I feel pity for such senior officers when other non performing clerks as well as officers get annual increment only because they are junior.

    Obviously the word stagnation is deceptive and a curse for senior officers.

    In olden days when officer was not found fit for promotion due to inefficiency he was to face stagnation as mild dose of punishment. This used to happen when promotion based on seniority used to take place and management used to give promotion even if there were not adequate vacancies in that scale.

    In most of the central government department there is provision for time bound promotion and hence question of stagnation in particular scale does not arise. It is perhaps only in banks that even after completing twenty or thirty years of service in a particular scale promotion is not given to an employee. (Now-a-days Interview is a killer injection in the pocket of management which can be injected to any good or bad performer in promotion process as per whims and fancies of the interviewer).

    When leaders and bank management can give relief to retired employees (refer agreement signed between bank unions and IBA), why can’t they agree for continuous annual income to those who have reached last stage of their scale?

    Here I would like to add that when management finds an officer guilty of minor misconduct they penalize him by stopping his one annual increment for one year with or without cumulative effect. It means disallowing an officer for increment for two three years in the name of stagnation, or for the reason that he has reached the last stage of his pay scale is tantamount to penalizing him with more greater penalty for none of his fault. And this is why I pity for senior officers

    In brief there is no justification for stopping increment for two three years to a senior officer in the name of stagnation. If management feels that there is no scope for promoting officers in a particular scale to upper scale in lack of adequate vacancy , they must keep the scale long enough to accommodate senior officers and ensure that they continue to get increment every year until there is report of any misconduct or inefficiency.

    However if management finds an officer unfit for promotion and unfit for release of annual increment in the name of increment they are not at least justified in entrusting such stagnated senior officer with higher responsibility such as Branch Manager of large branch, rather they should prefer junior officer to should responsibility of bigger branch.

    It is undeniably ridiculous that most of senior middle management officers and most of the executives in Scale IV to scale VII in banks are not getting annual increment even though they are holding important and responsible post.

    It is ironical that in banks, an officer is considered unfit for promotion but fit for giving higher responsibilities. On the contrary juniors (who are yes-men) are promoted but not found fit for placing them at sensitive and important posts such as Branch Manager. Similarly seniors are not found fit for annual increment whereas juniors and even clerks are allowed increment every year even if they perform less and even if they are inefficient and corrupt.

    I hope signatories of wage revision agreement will take care of this anomaly and remove the word ‘stagnation’ from pay scale for god and for ever.

    .

    • V.Raghunath Sharma

      I agree that stagnation is a curse to officers. The very word is disgusting and de-motivating. It is discriminatory that while a clerk gets 5 stagnation increments in his service it is restricted to 2 in case of officers. The logic is not known.
      ( May be because the clerical staff get 5 additional increments ( 2 for graduation and 3 for passing CAIIB exams (Part 1 & 2) while officers get only 2 additional increments for passing both parts of CAIIB). It is absolutely necessary that our leaders (many of them are stagnating over decades ) demand for removal of stagnation increments or atleast get an incentive increment not stagnation increment once in 2 years. While the responsibility and out put is not stagnant why their pay should be stagnant?

  77. plz send me the pay scale of bank po in bank of india

  78. plz tell me the payscale of bank officer

  79. Hi, this is pankaj i had passed the clerk exam for the bank of baroda so pls tell me what will be thr gross salary for the clerk

  80. puc bank clerck’ total monthly salary

  81. what are the salary & all for new clerks. and the allw if they sits on cash counter.

  82. on hand salary will near to 15000-16000+ medical +leave enchashment, it varies also depend ob which city u are posted

  83. hi…nyone plz tell me the in hand salry of a bank Po & clerk PLz….

  84. ple tell sbi clerk salary &allowes and when it aaplay

  85. Friends,
    Can any of you tell me whether public sector banks provide leased accommodation to their directly recruited specialist officers in scale-2(13820-19920) in probation period? if they do not, then what is the maximum HRA they give them?
    Thanks a lot in advance!

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