Monday 18 November 2013

Bank Clerk Salary After Revision in 2013

AT PRESENT A NEWLY JOINED BANK CLERK’S BASIC PAY IS RS.8,000. AFTER MERGING THE 60.15% DA AS ON 01.11.2011 TO BASIC PAY, IT WILL BE RS.12,812/- WE ARE EXPECTING MINIMUM 20% INCREMENT TO THIS BASIC PAY. AT MOST WE GET 25% INCREMENT.IF IBA AGREE FOR 20% INCREMENT, FINAL BASIC PAY WILL BE RS.15,374. FROM NOVEMBER 2013, DA IS 96.15%. 


After merging 60.15 with basic, remaining 36% DA will be there. We can expect minimum 10% HRA after revision. So, you get total 46% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk from November 2013 will be Rs.21,915/- (Worst Possible Scenario)If IBA agree for 25% increment, Final Basic Pay will be Rs.16,015. Total 46% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk from November 2013 will be Rs.22,804/- (Somewhat Good)If IBA agree for 30% increment, Final Basic Pay will be Rs.16,655.


Total 46% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk from November 2013 will be Rs.23,693/- (Good Settlement)We can expect Worst possible scenario in reality. So, Salary of Bank Clerk from August 2013 will be Rs.21,915/-So, Bank PO Salary after revision 2013 will be anywhere between Rs.38,678 to Rs.41,899 &Bank Clerk Salary after revision 2013 will be anywhere between Rs.21,915 to Rs.23,693. At present a newly joined Bank Clerk’s Basic Pay is Rs.8,000. 

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