Bank Wage Revision Arrears Calculation

Basic Pay Structure Slab : Rs 23700 to 85000.

Dearness Allowance @0.10% per slab reduced from 0.15% – as on May  33.70%

Special Allowances : Scale I,II,III @ 7.75% + DA@33.70% and Scale IV & V @ 10% +DA and Scale VI and VII @ 11% +DA.

House Rent Allowance : will be paid@ 7 , 8 and 9% i.e Major A Class Cities 9% | Other Places In Area 1 8% | All Others 7% |

City Compensatory Allowance : Lower CCA  – 3% Maximum of Rs.600/- Higher CCA – 4% Maximum of Rs.870/-

Medical aid : Upto Scale III – Rs.8000  and above Scale III – Rs.9050.

Stagnation Increment : One additional increment for Scale II, Scale -III & Scale – IV.

For Clerks :

Clerk:   11765 – 655/3 –815/3 –980/3 –1145/7 –2120 –1310/1– 31540 – 1310 x 8 = 42,020

Substaff :   9560 – 325/4 – 410 /5 – 490/4 – 570/3 – 655/3 – 18545 – 655 x 8 = 23785

Stagnation increments: 8 : Substaff: 8 x 2 years  ; Clerk : 5 x 3 years + 3 x 2 years

1. Dearness Allowance: 0.10 % per slab of 4 points over 4440 points
2. HRA : 45 lacs and above: 10 % ;  12-45 lacs & Goa : 9 % ; other centres : 7.5 %
3. Transport Allowance: upto 15^th Stage : Rs. 425 and others : Rs. 470
4. Special Pay: 7.75 % of Basic pay + DA
5. 
   i) SWO-B: 820;         Head cashier: 1280;       Spl. Asst. 1930
   
   
6. ii) Armed Guard/Bill Collector: 390;    Daftary: 560;    Head Peon: 740;
             Driver: 2370; Electrician/AC Plant Helper: 2040,     Head messenger in IOB: 1630
   
   
7. PQP : Rs. 410,  800,  1210 , 1620,  2010
   
   
8. FPP :                    Clerk:           Rs.  1310 /  1580, 1570, 1550, 1550 / 1450

                                 Substaff:      Rs.    655 /  790,     890,    780,   780 /   730

Medical Aid :   Rs. 2200 per year