#1  
4th November 2014, 12:47 PM
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Salary including allowance for Clerk in Corporation Bank?


Hello
What is the salary of corporation
bank clerk include allowance???
please let me know immediately
waiting for your reply




  #2  
16th November 2014, 09:09 PM
ajayrocks007
Senior Member+++++
 
Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Salary including allowance for Clerk in Corporation Bank?

The basis salary for a Bank Clerk in Corporation bank is Rs. 7200 and you will get allowances which will added to your salary with this basic pay. The allowances are mentioned below.

1. Dearness Allowance: It is 99.90 % at the moment and keeps increasing every 6 months according to the inflation rate.

2. House Rent Allowance: HRA depends on the city in which are posted. It can vary from 7% to 10% of the basis pay.

Therefore, if we take everything together a Clerk's salary in Corporation bank will be around Rs. 15000 per month in the beginning and it may rise with the promotion.

For more information visit http://ibps.in
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