12/14/13 Salary, Probation & Service Bond in Banks - The Complete List

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Home » profile » Salary, Probation & Service Bond in Banks - The Complete List

Salary, Probation & Service Bond in Banks - The Complete List

Public sector

bank

recruitments in

India have

undergone

massive changes

in the last one year.There are certain

rules for new joinees like probation,

minimum service period & bond

which are explained here.From a

situation where aspirants had to apply

for each PSB, list of all bank jobs are

now disclosed in advance for

candidates to choose and join.

Government owned banks to increase their business and compete with private sector

banks have started opening new branches in unbanked areas thereby pushing up

manpower needs.This has resulted in large intakes for past few years with 60000

vacancies advertised in 2012 alone.

Institute of Banking Personnel Selection for 2013-14 declared 22400 PO jobs across 21

public organizations that are to be filled by merit listed qualifiers.

Salary & Bond in BanksSince candidates have to register their order of preference among the participating

banks many readers requested us to provide a comparative study.

So for the first time ever we present a list containing details such as probation,

service bond & salary that one must know before joining a bank.

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12/14/13 Salary, Probation & Service Bond in Banks - The Complete List

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Data in the above tabulation were collected from recruitment notices issued by

corresponding banking organizations in 2012.It is possible for them to modify these

requirements while recruiting for current or future vacancies.

Doubts answeredThere could be some who might not understand certain sections in the

list.For their benefit, answers for commonly asked questions can be

found below.If you still have any more there is comment box at the end.

What is na in the above table?

Na stands for Not Available. It means either the salary, probation period or service bond

details were not found in their respective recruitment notifications. They may disclose it

for the upcoming jobs.

Will I get the same amount of salary given above?

No.With basic pay scale for scale I PO at Rs.14500 - 25700 across all banks, your

monthly salary could vary depending on posting location,allowances and other entitled

benefits.The figures quoted above were taken from their advertisements which again are

approximate.

On an average, you may be offered between Rs.22,000 - 25,000 /month.

Salary of bank employees could increase upto 35% from current levels if the 10th

bipartite settlement is implemented with demands of wage revision being accepted.

Since negotiations between unions & IBA are at early stages it could take some more

months for concerned parties to reach an understanding.But once its done arrears

amount shall also be paid with revised salary.

Should I pay the bond amount in advance?

No.The specified value should be paid to the bank only if you resign from service before

the end of minimum service period.But it is necessary to sign/execute this service

agreement while joining.

We hope this compilation from BankExamsIndia.com will help you in comparing the

joining conditions for all 20 banks in india (see best public sector banks of india) and

register your order of preference with confidence starting February 20th.

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185 Com ment s

185 comments

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Newest Community Login Share

•

aash13 • 10 months ago

Please share ur comment on IDBI bank..salary offered..work culture and

growth opportunity...

Thanks

42

•

ManeeshG • 10 months ago

how will i find out my total rank

16

•

robbimonica • 10 months ago

dear administration on what criteria preferences are to be given for least

scores???

please suggest....

15

•

ramitmehla • 10 months ago

my score is 61.64(genral).What is my rank and what are my chances of

selection.....

32

•

ramitmehla • 10 months ago

if i am allotted any bank through selection process of CWE March 2012 when

will i be asked to join the respective bank.

6

•

Anil Agnihotri • 10 months ago ramitmehla

Your joining to the allotted bank depends upon the allotted bank

itself......so not much guessing but still be hopeful to join within 2 -3

months............

1

•

rajesh kumar • 10 months ago ramitmehla

yes

ramitmehla • 10 months ago

is it necessary to fill all the 21 banks in the preference list.what if I fill only 3or4

banks and i am not allotted any of them,will i be allowed to fill preferences

again after March 2013.

7

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12/14/13 Salary, Probation & Service Bond in Banks - The Complete List

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•

again after March 2013.

9

•

hansa83 • 10 months ago

Link posted on IBPS site and and we can submit preference from tomorrow.

But IBPS does not mention any detail of eligibility criteria of different banks,

how can we give the prefence without knowing the basic details of terms and

conditions of different banks.

1

•

ram verma • 10 months ago hansa83

link is now working , so best of luck

•

DIPENDU KUMAR Barik • 10 months ago

Admin BEI , can u plz confirm that as 20th & 21st the bankers will be on

strike so whether IBPS will be functioning and shall we be able to apply for

our preferences of banks & when the link will be launched in IBPS web site.

Thanking you , With warm regards .

•

Bank Exams India

• 10 months ago

Ad m i n DIPENDU KUMAR Barik

IBPS is nt a bank.Moreover ull hv to register ur preference online only

& not by visintg any bank.So IBPS will activate the link by Feb 20 & u

can choose ur preference

5

•

Ahire Ganesh • 10 months ago

whats the reason about the salary of Bank Of Maharashtra Po is less than

other banks. can anybody tell me about that.

5

•

aakansha shriwastav • 10 months ago

when the next po exam will be held?

5

•

aakansha shriwastav • 10 months ago

plz anyone rply on dis..what is the procedure of common interview?

•

zaphod2013 • 10 months ago aakansha shriwastav

IBPS from the present year is conducting common interviews for all

the written qualified candidates...a final merit list is prepared is

prepared based on the total score obtained in written + interview

according to the weightage which IBPS decides for these....you will be

askde for preference and allotment made basis your preference and

your ranking in the merit list prepared by IBPS...

•

kusum goyal • 10 months ago zaphod2013

how we can know about our rank

zaphod2013 • 10 months ago kusum goyal

officially rank has not been provided by IBPS...there

was some website which was providing the rank of all

the candidates but that link has been disabled of

now...but autheniticity of that site could not be

ascertained..still u can google it for the complete list

with ranking which may be available on some site...but

mind it, it is not official...

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12/14/13 Salary, Probation & Service Bond in Banks - The Complete List

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•

mind it, it is not official...

1

•

samradab • 10 months ago

Plz tell me about ECGC Payment Scale N Allownces.

Acc to the above list Pay Scale of ECGC is 29000, Is it Right????

•

zaphod2013 • 10 months ago samradab

it is not the payscale but the tentative net pay you will be getting....the

payscale for all the 19 PSB's start from 14500, with that of ecgc being

on the slightly higher side, but ecgc is a very small psu compared to

all other banks with a net turnover of approx 1000 crores only..

•

samradab • 10 months ago zaphod2013

yes dear you are right, it is small org. but no doubt it z gud org

in respect off salary perks etc

•

nisha66 • 10 months ago zaphod2013

will it be better to join bank or ecgc?

•

zaphod2013 • 10 months ago nisha66

in my personal opinion, it is always good to join a larger

organisation as the work load and pressure will be

slightly less as workhead is more...ECGC has

recruited only 30 people last year n they are going to do

the same this year,this is the only recruitment done in

the officer grade in past 6 years or more...most of the

PSB's have annual turnover

far exceeding ECGC...ultimately the choice is

yours...salary in ECGC is slightly more but as far as i

came to know, u have to be spot on in the orgn...all the

best..

1

•

nisha66 • 10 months ago zaphod2013

thanks

2

•

nisha66 • 10 months ago samradab

pls anyone reply to the above qn

•

samradab • 10 months ago nisha66

Nisha ji ,

i got inform. from ECGC , its payment goes to approx 30k.

•

santhi8 • 10 months ago

My rank in all india level 34662.Please tell me my category wise rank.My

score is 55.8 SC category. Is there any chance for me.

•

kusum goyal • 10 months ago santhi8

how u knew about ur rank,plz tell me

Anshu Kanojiya • 10 months ago

Dear BEI......I have a problem dat when i gave exam of ibps po 2 i was not

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12/14/13 Salary, Probation & Service Bond in Banks - The Complete List

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•

Dear BEI......I have a problem dat when i gave exam of ibps po 2 i was not

married but now im married n my surname has changed.......but i have

submitted all my documents regarding my name change as ..........

marriage certificate

name change affidative

my identity proof wid name changed( driving licence)

my caste certificate wid my husband name

so i just wanna know dat will it create problem in my joining...

my score is 62.2(sc)

plz reply

•

Nisha Sanu • 10 months ago Anshu Kanojiya

if you have submitted the above said documents, there will be no

problem. Good Luck :)

•

kumar k verma • 10 months ago Anshu Kanojiya

ur affidavit and marriage certificate is more than enough, and also you

have submitted ur ID with new name, there will be no issue at the time

of joining.

all the best

•

amita • 10 months ago

when merit list will be declared? do any1 have any idea?

1

•

ria sen • 10 months ago amita

It will be declared after the giving the preference list that means in

march.....read IBPS notification carefully....

•

zaphod2013 • 10 months ago ria sen

i don't think they will declare the merit list...they will only

intimate about the bank u have been alloted...if they were to

declare the merit list, they would have brought it in the public

domain at the time of declaration of final marks..

•

Rajesh Rao • 10 months ago

Dear BEI IBPS po2 final result has not declared ,but ibps clerk2 interview is

about to start in march , what if aspirants who has written both and qualified

both comes to clerk interview, what happens if he gets selected in po and

leaves seat vacant in clerk. i want to write down a mail to ibps on this but i

cannot find mail ,i had written as reply to the mail which i got call letter but

they replied it is not right mail address to inform.

1

•

Mahendra kumar • 10 months ago Rajesh Rao

yes he is right , what about final appointments until it is released

people with 50% above and 60% below have to wait for their choice,

and also i heard there is second phase .

•

Bank Exams India • 10 months agoAd m i n Rajesh Rao

Hey where r u? IBPS PO2 final marks have been released already &

candidates have to choose their order of preference for all banks

starting Feb 20 & appointments will be completed for PO posts in

march itself.By the time clerk interview starts, most ppl who applied

for clerks may hv got appointed as PO

1

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• 1

•

ROHITP_AGRA • 10 months ago Bank Exams India

BEI

IS THERE ANY CHANCE FOR IBPS CWE2 CLERK FOR

GEN/127,PLS REPLY. SHUL I CONTINUE TO KEEP MY

HOPE ON IT.

THANKING YOU

ROHIT

•

swathii • 10 months ago

I got 60.56 in ibps po 2, belongs to OBC catogory... can i get selection, how

can i give options....

1

•

Ji Ram • 10 months ago

sir i got 128 n interview +cws- 52.96% and i m from SC caste will i get job

this time

1

•

parveen preet kaur • 10 months ago

I have given sbi po exam once but i dont have any supporting document like

admit card etc. then what can be the consequence? Does bank will ask for

them if one gets selected?

•

Sonu • 10 months ago parveen preet kaur

no... they will not ask u to produce ur previous attempt admit card

•

Pranjali Divya • 10 months ago

how many candidates have cleared ibps po interview 2013?

•

Anil Agnihotri • 10 months ago Pranjali Divya

Around 46,000 approx.....

•

tejaluckky • 10 months ago

ur rank is 14998 according to some list published in a website

•

tejaluckky • 10 months ago

Admin,

is that sure that all the IBPS PO II interview qualifiers will get the job in one

year or if the percentage is less they need not to wait??? plz reply any one....

•

Surinder • 10 months ago

Did anyone attend LVB clerk interview?

•

ojhaamar • 10 months ago

32453 posts for clerk 2 and interview from 14 march to 31 march

•

DIPENDU KUMAR Barik • 10 months ago ojhaamar

where did you got the information brother

mamatha • 10 months ago ojhaamar

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