February 11, 2013

WHAT IS BANK CLERK SALARY ?

ADVERTISEMENT

Bank Clerical Cadre Salary at Joining Time :

Here, I have explain how to understand the complexity of basic pay for the post of government bank clerks. Hope you would understand it well. For any queries please ask under the comment area below this article/post.

Similar way you can understand the basic salary of PO or Probationary Officer post of the government banks. 

Pay scale: 7200-400/3-8400-500/3-9900-600/4-12300-700/7- 17200-1300/1-18500-800/1-19300

What does it mean?


Also Read :What will be the Salary of Newly Joined Bank Officer (PO) from June 2015?

Explanation

Let assume if someone joins as clerk in  Year 2013

i. 7200-Its a initial basic pay of newly joined clerk in year February 2013

ii. 400-Its a annual increment i.e amount (Annual Increment means every year Rs. 400/- will be added in the basic pay i.e after one year basic pay will be Rs 7200+ Rs 400=7600, after two year basic pay will be Rs 7600+ Rs 400= Rs 8000 and on third year basic will be Rs 8000+ Rs 400 = Rs 8400)

iii. /3-8400-500: It means after 3 years basic will be Rs 8400 and annual increment will be of Rs 500 [i.e in year Feb. 2016,basic pay will be Rs 8400]

iv. /3-9900-600: It means after 3 years basic will be Rs 9900 and annual increment will be of Rs 600 [i.e in year Feb. 2019,basic will be Rs 9900]

v. /4-12300-700: It means after 3 years basic will be Rs 12300 and annual increment will be of Rs 600 [i.e in year Feb. 2022 basic pay will be 12300]

vi. /7- 17200-1300: It means after 7 years basic will be Rs 17200 and annual increment will be of Rs 600 [i.e in year Feb. 2029 basic pay will be 17200]

vii. /1-18500-800: It means after 1 year basic will be Rs 18500 and annual increment will be of Rs 600 [i.e in year Feb. 2030 basic pay will be 18500]

8. /1-19300: It means after 1 year basic will be Rs 19300 [i.e in year Feb. 2031 basic pay will be 18500] 

Note: In government Banks after every 5 years salary structure changes. So, above details is just for understanding the basic pay structure flow.