AIBOA has presented a new updated pay and arrears calculator for bank officers through on its official website. Please click here to download the Pay & Arrears Calculator

Joint Note to be signed between Officers Organisations and IBA

As soon as the the joint note is signed we shall up load the full text of the same.

In the meanwhile we furnish here under the HIGHLIGHTS of pay AND other details on which areas of agreement reached for information of members

HIGHLIGHTS

Basic Pay 23700 – 85000

DA @0.10% per slab [ As on date 33.70% ]

Special allowance
Up to Scale III @ 7.75% + DA
Scale IV and V 10% + DA
Scale Vi and VII 11% + DA
HRA @ 7 8 9 %
CCA @ 600 and 870 > 3% and 4% subject to maximum

Medical Aid 8000 up to Scale III & 9050 above ScIII
Stagnation Increment one Additional Increment for
Scale II III and IV

Source: AIBOA

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