Bank employees salary hike 2012-2013
I finally have some good news to give you all as a diwali gift. Sources say that the Xth bipartite settlement will increase the basic pay of bank staffs by 20-25% . This would mean that the take home salary of a bank staff will increase by 25% in total.
As of now a probationary SBI clerk takes home 16,000 Rs every month. Their salary will now a cross 21,000 per month. As for the State Bank of India POs, their take home salary as of now (excluding the leased accommodation, petrol and other allowances) is 28,000 per month. So after the pay hike, this figure will touch 34,000 per month
As for the probationary clerks and POs in other nationalized banks, their take home pay used to be 14,000 and 24,000. Their take home salaries will be increased to 20,000 and 32,000 Rs respectively. Note that all the amounts mentioned in this article are approximate figures.
Although this increase in salary is effective from November 2012, the bank staffs will receive the increased salaries only after 2014. The increased salary during the period from November 2012 to 2014 will be paid as arrears to the bank staffs.
So, its the time to rejoice all bank job aspirants. Happy diwali.