Public Sector Bank
Bank PO (PSU Bank) Salary 2026
A Scale-I Officer / Probationary Officer in a PSU bank starts at a basic pay comparable to Level 10 of the 7th CPC (₹56,100+). While PSU banks follow bipartite settlements, most employees benchmark to CPC scales for revision expectations — a 2.86x fitment would take basic to about ₹1,60,000.
Illustrative figures using sample pay-matrix data. The 8th CPC has not been officially notified — fitment factors shown are projections for planning purposes only.
Current 7th CPC in-hand salary
Pay levelLevel 10
Basic pay₹56,100
DA @ 58%₹32,538
HRA (X-class, 30%)₹16,830
Transport Allowance₹3,600
Approx. gross₹1,09,068
8th Pay Commission projection
Fitment 2.28x₹1,27,908
Fitment 2.57x₹1,44,177
Fitment 2.86x₹1,60,446
Fitment 3.00x₹1,68,300
Basic pay only. DA resets to 0% on 8th CPC rollout; HRA and TA revised at new slabs on top.
Duties
- Handle branch operations, credit appraisal and customer service
- Cross-sell retail products and manage KYC/AML compliance
- Rotate through general banking, forex, credit and treasury desks
Allowances & perks
- DA (bipartite formula), HRA, CCA, special allowance
- Leased accommodation, medical, LFC, education loan concessions
- Superannuation via NPS + provident fund
Promotion path
Scale I → II → III → IV → V → VI → VII (GM).
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