11th BPS Signed between IBA and AIBEA. The joint note was signed on 11th Nov 2020 for the wage settlement of Clerks & sub staffs in the public sector banks as well as all the members private banks. The major highlights and list of perks and benefits in 11th Bipartite Wage Revision are list here below :
Table of Contents
Highlights of Salary Hike & Benefits for Clerks & Sub staffs
Payscale (Merger of 6352 points)
Clerks – 17900 – 1000/3 – 20900 – 1230/3 – 24590 – 1490/4 – 30550 – 1730/7 – 42660 – 3270/1 – 45930 – 1990/1 – 47920
Sub staffs – 14500 – 500/4 – 16500 – 615/5 – 19575 – 740/4 – 22535 – 870/3 – 25145 – 1000/3 – 28145
DA Slabs
the dearness allowance rate will be 0.07% per slab over 6352 points.
Other Perks & Benefits
The list of other perks and benefits under 11th Bipartite settlement are :
For detail list of benefits : Click Here