South Indian Bank PO Salary 2019

South Indian Bank PO Salary 2019 - South Indian Bank Ltd has determined the salary of South Indian Bank PO for the recruitment of candidates in Probationary Officer cadre at South Indian Bank. Candidates appearing for the recruitment exam must go through South Indian Bank PO 2019 salary to know how they will be paid after being recruited. The South Indian Bank PO salary has been determined for three stages - 8 months classroom program, 4 months of Internship, and the recruitment stage. South Indian Bank PO 2019 salary will be given to the recruited candidates along with various other allowances. Candidates appearing in South Indian Bank PO exam must go through the article below to know the remuneration structure or South Indian Bank PO Salary 2019.


Latest: South Indian Bank PO Notification 2019 for 160 Vacancies Released - Check Here

South Indian Bank PO Result 2018 Released - Click here

South Indian Bank PO Salary 2019 - Stages

The salary of South Indian Bank PO is different at the following stages:

  • Classroom program (8 months)

  • Internship (4 months)

  • Final Salary

Stages in South Indian Bank PO Salary 2019

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South Indian Bank PO Salary 2019 - 8 months classroom program

Candidates who qualify in the South Indian Bank PO examination will have to undergo 8 months of classroom program in which candidates will be tough basics of Banking and Finance as per the prescribed syllabus. During these months candidates will be paid Rs. 3000 per month as incentives.

South Indian Bank PO Salary 2019 - 4 months Internship

After the completion of the classroom programme, candidates will have to go for 4 months of internship at any of the South Indian Bank branches where they will be paid Rs. 15000 per month.

South Indian Bank PO Salary 2019 - Final Recruitment

Candidates who successfully complete their internship will be posted at various branches of South Indian bank as Probationary Officer. As per the pay scale of South Indian Bank PO, candidates will be paid Rs. 23700 – 980/7– 30560 - 1145/2 – 32850 - 1310/7 - 42020 plus DA, HRA & other allowances.

  • Basic pay of Rs. 23700

  • A special allowance of Rs. 1836

  • DA will be Rs. 12206

  • HRA will be Rs. 2133

  • CCA Rs. 870.

South Indian Bank PO Salary 2019

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South Indian Bank PO 2019 - Allowances

Along with the payment of basic salary, candidates will also be given various other allowances like Dearness Allowance and House Rent Allowance.

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