South Indian Bank PO & Clerk Salary: South Indian Bank has invited applications for Probationary Officer and clerk vacancies to recruit energetic Indian citizen. We hope all of you has applied for the recruitment and eagerly want to know about the South Indian Bank PO Salary. Because of attractive salary pay scale and other allowances, always banking profession holds massive attention among all graduates. So lakhs of candidates may have applied for South Indian Bank PO and Clerk Recruitment 2019.
South Indian Bank PO Salary & Vacancy:
For this time south Indian bank has out the recruitment notice for 545 vacancies. So many aspirants must have the desire to grab this wonderful chance given by south Indian bank job vacancies for fresher’s to settle in their career. South Indian Bank PO recruitment 2019 hold 160 vacancies and Clerk recruitment have 385 vacancies.
South Indian Bank Salary and Allowances:
We know you people have a thirst to get the detailed information about south Indian bank PO salary 2019 and SIB clerk pay scale 2019. South Indian Bank Clerk salary and allowances is given here for candidate’s reference. Aspirants can go through trough the south Indian bank POand Clerk salary 2019 before entering into the recruitment process.
South Indian Bank PO Salary:
South Indian Bank has officially released Probationary Officer Pay Scale and other allowances details in the recruitment notification itself. The south indian bank po salary 2019 is Rs. 23700– 980/7 – 30560- 1145/2 – 32850- 1310/7 – 42020 plus DA, HRA & other allowances.
South Indian Bank PO Starting Salary – Rs. 23, 700
South Indian Bank PO Basic Salary after 7 years – Rs. 23, 700 + (980*7) = Rs. 30, 560
South Indian Bank PO Basic Pay Scale after 7 + 2 years – Rs. 30, 560 + (1145*2) = Rs. 32, 850
South Indian Bank PO Basic pay scale after 7 + 2 + 7 years – Rs. 32, 850 + (1310 * 7) = Rs. 42020
Along with basic Pay South Indian Bank will give the Dearness Allowance (DA), House Rent Allowance (HRA) and other allowances based on IBA norms for their PO and Clerks. Candidates must have to complete the 2 years’ probation period successfully, then only they can appointed as Permanent officer in South Indian Bank. South Indian Bank Probationary Officer salary and allowances are given to their employees as per the IBA and central government rules. This may differ according to the South Indian Bank PO Job location (i.e metropolitan cities and rural areas).
South Indian Bank Clerk Salary:
Like South Indian Bank PO Salary, clerk salary also provided in the official notification. The south indian bank clerk starting salary in hand is Rs. 11765 – 655/3 – 13730 – 815/3 – 16175 – 980/4 – 20095 – 1145/7 – 28110 – 2120/1 – 30230 – 1310/1 – 31540. Let’s have a look on south indian bank clerk pay scale in detail.
South Indian Bank Clerk Starting Salary – Rs. 11, 765
South Indian Bank Clerk Basic Salary after 3 years – Rs. 11, 765 + (655*3) = Rs. 13, 730
South Indian Bank Clerk Salary after 3+ 3 years -Rs. 13, 730 + (815*3) = Rs. 16, 175
South Indian Bank Clerk Salary after 3+ 3+ 4 years – Rs. 16, 175 + (980 * 4) = Rs. 20, 095
South Indian Bank Clerk Salary after 3 + 3 + 4 + 7 years – Rs. 20, 095 + (1145 * 7) = Rs. 28, 110
South Indian Bank Clerk Salary after 3 + 3 + 4 + 7 + 1 years – Rs. 28, 110 + (2120 * 1) = Rs. 30, 230
South Indian Bank Clerk Basic Salary after 3 + 3 + 4 + 7 + 1 + 1 years – Rs. 30, 230 + (1310 * 1) = Rs. 31, 540
For South Indian Bank Clerk Post, the probation period will be 6 months. After completion of successful probation period the candidates can appointed as permanent South Indian Bank Employee.
We hope the above stated information about South Indian Bank PO and Clerk Pay Scale and other allowances will helpful for your future reference. So aspirants have to prepare for the south indian bank po and clerk recruitment 2019.
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