Wednesday, May 10, 2017
Central Bank Of India Salaries
Out of 18 national banks, Central Bank of India is one of them to offer recapitalization. Applicants working in Central Bank of India are allowed to provide impressive salary packages and allowances. So those candidates who are searching for Central Bank Of India Salaries for Asst Manager, Clerk and PO Posts they may get the complete information about Salary Structure and other perks from this page.
Central Bank Of India Salaries
| Name of Posts | Average Salary |
| Assistant Manager | INR 3,26,227 |
| Senior Manager | INR 42,675/mo |
| Clerk | INR 4,01,842 |
Remuneration of Assistant Manager:
Assistant manager has to appear after consumer accounts. It’s assistant manager’s profession to remain all regulations and terms in order and continue good relationships with customers. An assistant manager working with this bank collects between Rs. 15K – Rs. 54K per month.
| Salary | Rs 230,961 – Rs 598,495 |
| Bonus | Rs 1,993 – Rs 99,498 |
| Profit Sharing | Rs 0.00 – Rs 50,684 |
| Total Pay | Rs 239,783 – Rs 626,497 |
Pay Scale of Probationary Officer (PO):
- Remuneration of Probationary Officers in most of national banks is same. All that differs are their perks and allowances.
- During their training period they are also given perks and allowances that differ according to bank to bank.
- Some of perks given to POs are leased accommodation, travelling allowance, medical allowance and coverage under new pension scheme.
- Candidates may get Basic Pay of Rs 14,500/- per month in the scale of pay of Rs. 14500-600/7-18700-700/2-20100-800/7-25700 with suitable allowance after selection.
- All other Allowances and perquisites are paid to POs of Central Bank of India.
| New Salary of PO after Wage Revision in Central Bank of India | |||
| 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 |
Remuneration of Clerks:
The pay scale of clerks in most of public sector banks is same. During the first period or the training period of 6 months Central Bank of India Clerk basic salary ranges between Rs. 7300 – Rs. 19,300 excluding DA, HRA and all other perks and allowances and after 6 months, a clerk is liable to earn between Rs. 35k – Rs. 40K per month. A number of health benefits are: Medical benefits (68%), Dental benefits (5%), and Vision gains (5%).
Remuneration of other designations in Central Bank of India
| Particulars | Salary Range (Per Month) |
| Senior Manager | Rs.35K – Rs.60K |
| Deputy General Manager | Rs.62K – Rs.67K |
| Agriculture Finance Officer | Rs.15K – Rs.20K |
| Manager (IT) | Rs.45K – Rs.50K |
