Bank of Baroda Banking Officer salaries in Mumbai

Likes

Bank of Baroda Scale 1 Officer Starting Salary in Delhi Particulars Annual Monthly Salary without JAIIB Monthly Salary with JAIIB Monthly Salary with CAIIB Basic   36000 37490 38980 DA   17463.6 18186.3 18909.1 Total   53463.6 55676.3 57889.1 Special Allowance   8768.0 9130.9 9493.8 CCA   1400 1400 1400 Learning Allowance   891.06 891.06 891.06 Pay Slip Component   64523 67098 69674 Refreshment Allowance   1250 1250 1250 Employer Contribution to NPS 14%   7484.90 7794.69 8104.48 House Maintenance Allowance   750 750 750 Lease Accomodation in Delhi   30000 30000 30000 Conveyance 50 Litre Petrol   5500 5500 5500 Other Allowance on Annual Basis         Entertainment 4600/- 383 383 383 News Paper 2800/- 233 233 233 Briefcase once in 2 Years 1500/- 63 63 63 Medical Allowance 10600/- 884 884 884 Mobile Handset once in 3 Years 10000/- 833 833 833 Furniture once in 10 Years 125000/- 1041 1041 1041 Performance Linked Incentive 15 Days Salary   2688.4 2795.7 2903.08 Leave Encashment for LFC LTC 30 Days Salary once in 4 Years   1344.2 1397.88 1451.54 LFC /LTC Encashment for 4 Person Average once in 4 Years   708 708 708 Annual Leave Encashment 5 Days Salary   10753.78 11183.06 11612.34 Life Insurance for 20 Lakhs Coverage 12000/- 1000 1000 1000 Health Insurance for 4 Lakhs Coverage 50000/- 4167 4167 4167 Branch Head Allowance*   1000 1000 1000 Mobile Expense*   700 700 700 Total CTC Per Month   135306.04 138781.79 142257.55 *Other Benefits Overdraft Limit Available at 7%, Car Loan and Housing Loan are available at 5.5% Simple Interest, Furniture Maintenance Allowance and Other Perquisites. DA in Banks is revised in every 3 Months Salary will be increased by 17% after 12th BPS. Loan Amount EMI Loan Amount EMI For Every 270000/- Housing Loan 1000/- For Every 90000/- Car Loan 1000/-

Dislikes

No

Likes

perks and salary as compared to other banks.

Dislikes

everything. very bad managment and the behaviour's of the people sitting in admin offices. No infrustructure. Managment just don't care about emplyees, they just want the targets to be fullfilled and if any mistakes happen due to the pressure provided by them then its all the employee's fault.

Likes

Perks and salary good although not adequate. Transfers are granted on spouse ground.

Dislikes

Many .. employees work like private sector but get paid like a PSU. No methods, lack of staff puts tremendous pressure. Unnecessary work pressure is created where things can go smoothly with little discipline. Some people work and others just don't. Incentive to work is almost nil.

Likes

Salary gets credited on time

Dislikes

Toxic work culture, no transparency in promotion and transfer, unprofessional HRMs working like a clerk, frequent transfers with plum postings reserved for boot lickers and preferred candidates, staff shortage and too much work pressure. Someone just starting his/her career should spend more time and join somewhere else rather than coming in Public sector bank specially BoB.

Likes

what i liked about my job that there was no restriction and target headache. as far as BOB is concerned the organisation as a whole is survivable.

Dislikes

everything starting from employees salary and benefits to everyother thing.