Vijaya Bank PO Salary after Wage or Salary Revision-Bipartite settlement



What will be the New Salary of PO after Wage or salary Revision of 15 % in Vijaya Bank?

As wage revision (10th Bipartite Settlement) settled at 15 % hike. So, following would be the new pay structure of newly joined Probationary Officer (PO) Salary and the officer who are in first year of Probation period in Vijaya Bank

We have considered on the basis of formula which are used in wage settlement process.

New Salary of PO after Wage/salary Revision of 15 % in Vijaya Bank :

New Salary of PO after Wage Revision in Vijaya Bank
Present Hike
15%
Corresponding  Basic
26705
Current Basic
14500
Current DA % 109.8
15921
Corresponding   Revised DA % (33.1)
8839.36
Current HRA % 6.5
942.5
Corresponding  HRA % (7.475)
1996.2
Current Gross Salary
31364
Corresponding  Gross Salary
37541
Current NPS Contribution
3042.1
Corresponding  Revised NPS Contribution
3554.44
Current Net Salary
28321
Corresponding   Revised Net Salary
33986




The revised basic pay has been derived by merging 60.15 % of DA in to current Basic Pay and then adding your expected hike on the whole amount (Current basic+60.15% of current basic)

Disclaimer: We have not considered the 2 % Load factor. So, all the outcome of salary Calculation is approximately basis. 


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21 comments

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Aman Roy
admin
April 1, 2016 at 10:57 AM ×

Sir I am selected as Vijaya Bank PO, in how many days can i expect joining letter ??

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shantanu
admin
April 1, 2016 at 5:45 PM ×

Me too Aman. My email shanrgit123@gmail.com. Any info abt vijaya Pl inform

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Unknown
admin
April 2, 2016 at 6:29 AM ×

Me too in vijaya bank. My id is nivihundal2015@gmail.com. Plz convey the required information

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Nivi Hundal
admin
April 2, 2016 at 6:31 AM ×

Me too in vijaya bank. My id is nivihundal2015@gmail.com. Plz convey the required information

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parvesh
admin
April 2, 2016 at 7:58 AM ×

Slctd as PO.. When will joining come?

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April 2, 2016 at 8:03 AM ×

Me too in vijaya bank. My id is roysoubik@gmail.com. Plz convey the required information

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Unknown
admin
April 2, 2016 at 9:33 AM ×

I m also selected as a PO in vijaya bank. My id is garimashrivastava91@gmail.com .please convey the required information

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April 2, 2016 at 9:38 AM ×

I m also selected as a PO in vijaya bank. My id is garimashrivastava91@gmail.com .please convey the required information

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April 2, 2016 at 11:46 PM ×

sir what is expected date of joing in vijaya bank selected

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Unknown
admin
April 4, 2016 at 7:18 PM ×

Selected as a po in vijaya bank.my Id is narendra.srivastava45@gmail.com.
Sir what is expected date of joining

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April 4, 2016 at 7:21 PM ×

Selected as a po in vijaya bank.my Id is narendra.srivastava45@gmail.com.
Sir what is expected date of joining

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Unknown
admin
April 5, 2016 at 7:15 AM × This comment has been removed by the author.
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April 5, 2016 at 7:16 AM ×

hitsrythem@gmail.com


plsss share information

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pk
admin
April 7, 2016 at 2:19 AM ×

All of you get joining letter within 3 months-Assistant manager vijaya bank my id erpankajiimt@gmail.com for any queries contact me

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April 12, 2016 at 1:22 AM ×

I m also selected my whats aap no 9852439879 and email dharm_1992@yahoo.co.in

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Unknown
admin
April 26, 2016 at 10:26 AM ×

Me also selected as PO in Vijaya Bank..I'm from Punjab.+919463697866

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Anonymous
admin
April 29, 2016 at 1:34 AM ×

Any idea about joining letter date for po?
Emailid. aawadhesh@yahoo.in

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Raj Deepak
admin
May 3, 2016 at 6:08 AM ×

even i got selected... please ping me at deewillnaturalee@gmail.com

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Koushik Das
admin
May 11, 2016 at 1:53 PM ×

check the website ...... its out

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