Bank Wage Revision Arrears Calculation – Calculate the 10th Bipartite Settlement Calculation with new Gross Salary and arrears paid. The IBA has settled the 10th Bipartite for bankers at 15% on basic pay.
Earlier the 60.15% DA was already merged with the current basic to make a new Basic Pay.
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The Officers New Pay Structure applicable from 01-11-2012 :
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
- Dearness Allowance: 0.10 % per slab of 4 points over 4440 points
- HRA : 45 lacs and above: 10 % ; 12-45 lacs & Goa : 9 % ; other centres : 7.5 %
- Transport Allowance: upto 15th Stage : Rs. 425 and others : Rs. 470
- Special Pay: 7.75 % of Basic pay + DA
i) SWO-B: 820; Head cashier: 1280; Spl. Asst. 1930
- ii) Armed Guard/Bill Collector: 390; Daftary: 560; Head Peon: 740;
Driver: 2370; Electrician/AC Plant Helper: 2040, Head messenger in IOB: 1630
- PQP : Rs. 410, 800, 1210 , 1620, 2010
- FPP : Clerk: Rs. 1310 / 1580, 1570, 1550, 1550 / 1450
Substaff: Rs. 655 / 790, 890, 780, 780 / 730
Medical Aid : Rs. 2200 per year
Calculate Your Arrears for 10th Bipartite Settlement : Click Here or Click Here
what rubbish has been done about stagnation increments of clerks by our unions.
I believe that who has make this chart he is highly thankful on behalf of bank workers
Leaders are sold, victims of suitcase,the way they conduct negotiations & the end results are shocking
History will not excuse them. Pity employees like us.
Pure cheating to retired employees. Union leaders minted money from iba
good morning friend