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STARTING SALARY OF BANK OFFICERS
Details	HRA Center I (9%)	HRA Center II (8%)	HRA Center III (7.00%)
Officers-Scale I.
Basic pay	36000	36000	36000
Special Allowance	5904	5904	5904
Dearness Allowance( From November 2022 DA rate : 38.92 % of B.P and Spl Allowance)	16309	16309	16309
House Rent Allowance	3240	2880	2520
Total Salary-Officer Scale I	61453	61093	60733
Officers-Scale II.
Basic pay	48170	48170	48170
Special Allowance	7900	7900	7900
Dearness Allowance(From November 2022 DA rate : 38.92 % of B.P and Spl Allowance)	21822	21822	21822
House Rent Allowance	4335	3854	3372
Total Salary-Officer Scale II	82227	81746	81264
Officers-Scale III.
Basic pay	63840	63840	63840
Special Allowance	10470	10470	10470
Dearness Allowance(From November 2022 DA rate : 38.92 % of B.P and Spl Allowance)	28921	28921	28921
House Rent Allowance	5746	5107	4469
Total Salary-Officer Scale III	108977	108338	107700
Officers-Scale IV.
Basic pay	76010	76010	76010
Special Allowance	14442	14442	14442
Dearness Allowance(From November 2022 DA rate : 38.92 % of B.P and Spl Allowance)	35204	35204	35204
House Rent Allowance	6841	6081	5321
Total Salary-Officer Scale IV	132497	131737	130977

Add to the Salary :
City Compensatory Allownce as follows :
Places in area 1 and above and in the State of Goa: 1400 pm.
Places with population 5.00 lakhs and over, State capitals, Chandigarh, Puducherry and Port Blair :1150pm
Location Allowance for Non-CCA area :700pm
House Rent Allowance depending on place of posting
HRA I : Major A Class Cities and Project Area Centres in Group "A" 9.00% of Pay
HRA II : Other places in Area I and Project Area Centres in Group "B" and State of Goa 8.00% of Pay
HRA III : Other places 7.00% of Pay
Dearness Allowance varies quarterly with every rise or fall of four points 0ver 6352 points in the
"All India Average Working Class Consumer Price Index (General) Base 1960=100". at 0.07 %.
Apart from the above major components of salary ,you are eligible at the time of joining bank
depending on qualification and place of posting :
- 1.Professional Qualification Pay (PQP)
- 2.Hill and Fuel Allowance
- 3. Project Area Allowance .
- 4.Split Duty Allowance etc etc
Confirm from the respective bank before taking any decision.