April 4, 2016

HRA of Bank PO in PSUs Banks

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HRA of Bank PO in PSUs Banks

HRA is one of the component of salary which affects total gross salary of any employee. In public sector banks HRA are given as per the following area wise categories:



House Rent Allowance: HRA of Bank PO

In PSUs banks  following HRA rate is applicable for the PO/Officers:

I)Major "A" Class Cities and Project Area Centres in Group A: 9% of PAY


II) Other Places in Area I and Project Area Centres in Group B: 8% of PAY


III)Other places : 7% of Pay