ALL ABT SALARY ND PERKS...
HRA 6.5% /7.5%/8.5% WOULD VARY FROM CENTRE TO CENTRE...
ONE CAN AVAIL A LEASED ACCOMONDATION WHICH WOULD AGAIN VARY.
IN MUMBAI ITS 20,000 PER MONTH ,IN DELHI ITS 15,000...OTHR STATE CAPITALS 14,000/10100 OTHER CENTRES 5800 GRADE C CENTRES OR SMALL PLACES ITS 4100.SO IT ENTIRELY DEPENDS ON PLACE OF POSTING.
Nd yes u can either avail HRA or Leased accomondation...
petrol-40/45/50 for 2 wheeler
-50/55/60 lts for 4 wheelers
newspaper -Rs 450 pm
furniture Cleansing-Rs 750 pm
casual labour Rs 13 /day.
entertainment-Rs 7000 annually ..
Tea cofee -2000 annually
furniture Maintainance /Repair-9000 anually
mobile for a block of three years -Rs 5000(after 1 yr of probation)
mobile recharge-Rs 500 per month(after 1 yr of probation)
Furniture -90,000 plus vat @ 13.5 % (For a block of 10 years)...
free medical for you nd upto 75% for dependent....lots of other benefitswhich would be hard to explain over here.......
HOPE IT HELPS GUYS...
well posting after a long long time on this po forum....
well i am saurabh kumar working as a probationary officer in State bank oF India .presently i am posted in orissa.Well just wanted to share about life@sbi as a po(may be odr banks po too hv d same life) since i hv been inspired by many odr fellow puys on dis thread to contribute thru own expeirence ..so here i go....
AFter all d speculations going around about posting and joining date, I JOINED SBI on 1 march 2011 at LHO bhubanesawr.From there we had to move to our place of posting..most of the guys, in fact all d guys got posting in semiurban branches,i got posting at Koraput a place nearby orisa,AP boarder.
Reached koraput on 3rd and joined the bank OFFicially also on 3rd.Our chief manager made arrangement for our accomodation in a room below the branch itself and the best thing is its free....
Now from very next day onwards we were made to do some odd pending jobs.after a week i went on to learn how to make drafts /clearing ,new acc opening etc(des r d basic things which u got to knw ,although being an officer ..chances of actually sitting as a single window operator is negligible.).we work from 9 in the morning till 7 in the evening.
My first branch Traning stated from 21 st march till 2 nd april at SBLC bhubaneswar.Its a type of introductory course of 14 days ,where we were made familiar with basics of banking. It was very hectic ,classes started from 9 30 in the morning and ended at 8 in the evening.Every day we had guest lectures from CGM/DGM/AGm etc.Personnaly i could not gain a lot from this course because i was totally new to banking sector and 21 ot of 24 participants had already worked as po/clerks earlier ...so the traning was more of a discussin between dem and teachers,rather dan a learning process.(actually some of d guys were bttr dan some of d instructors).At sblc we had 3 type of competition among us i.e -book review ,public speaking and exit test(an unofficial test of what you have gained from the traning process).
In the mean time on 24th march we got our first salary...most of d guys were expecting it to be above 25000,but sbi had odr plans for us...most of d guys in orissa circle got RS 21915 as nET and gross beinG some 26k odd.As far as i am concerned i was a bit lucky to have been posted in a project area so i got a Net salary of Rs 23217(first salary of my life)net being almost 28 k.Now the main reason why we got salary below expectaion is because of DEDUCTION FOR NEw pension scheme.well 10% of BASIC + DA is being deducted which is almost 2600.although i am not sure but i guess AVAILING NPS is optional.
details of salary
hra WILL VARRY .
i got hra as 7.5 % of basic,nd few other extra allowance such as CCA,project area allowance for being posted in industrial area.
Well the various deductions made from our salary were
10% of basic for pf
10% of basic +da for NPS(most probably its optional n i guess only SBI has d option of availing both pension and contributory PF though again i am not ure about other banks.)
RS 200 proffesional tax
Rs 100 for union fee..
MInd it guys no income tax has been deducted as yet...
WEll to sooth your nerves these does not contain the extra allowances like petrol ,newspaer ,cleansing,daily labour etc.
so overall my take home salary after adding all the allowances is approx 28k.(IF you dont avail the NPS your salary can go past 30k ).
please note salary will varry from place of posting and Also the CIRCLE OF POSTING.
And yes the best part yesterday i received Rs 1 lac(RS 90k+vat) for buying furniture.Apart from des we will be having lots of institutional traning where we get RS 150 per day as daily expense .
so overall i can say there is no reason why we cant say that BANKING is a lucrative job.
COming back to the traning aspect..this is the place where you will get a network of frends who will last for life time coz its proffesional circle.
Traning is over and i am back to my branch and eagerly waiting for next traning .since during the probabtion period we have a lot of transfer ,my next transfer will be in july.
SO DATS IT from my side...just wanted to share my experience of 42 odd days as a po nd wht bttr place odr dan PG...........
If you all have any doubt plzz lett me knw ..pm me.
IN d end wishing you all a VERRY HAPPY RAM NAVMI and i wish dat each of the aspirants in dis thread will be a po by d time this thread closes..
CHEERS TO PG N ALL D FELLOW PUYS........