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As per the revised pay scales, a subordinate staff would get a minimum basic pay of Rs.9,560 and a maximum of Rs.23,785; clerical staff from Rs.11,765 to Rs.42,020 and officers Rs.23,700 to Rs.85,000.
According to the notification, the monthly emoluments of a subordinate staff joining the bank would be Rs.15,000, and a newly-appointed graduate clerk would get an initial salary of Rs.20,000. Dearness allowances, house rent allowances, qualification allowances, special allowances etc. would also be revised. A new health coverage scheme is being introduced, by which all the hospitalization expenses of the employees and the family members would be reimbursed, says an official release.
The minimum salary of Class IV employee ranges from Rs.2,200 to Rs.5,500, and for clerical employee from Rs.2,500 to Rs.8,000 per month.
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