12th BPS Salary Calculator for bank employees with 15% hike offered by IBA. In the recent meeting with Bankers’ Union, UFBU, the Indian Banks’ Association had pitched a 15 per cent raise in the salaries, but the bank unions have been asking for more along with other demands.
Meanwhile Calculate the Increase in the Salary with 15% hike. The salary calculator is based on assumption as compare to 11th BPS. The comments are welcome for improvement.
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This is not the the way IBA calculates pay hike
This is rough calculation, will provide the complete one post Load factor finalization.