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.
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The salary of South Indian Bank PO is different at the following stages:
Classroom program (8 months)
Internship (4 months)
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.
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.
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
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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