Bank of Baroda Banking Officer salaries in New Delhi

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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/-

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No

Likes

The bank maintained the payment of salary and allowance promptly.

Dislikes

The management follows private culture and the employees are more pressure and no work life balance. There is no satisfaction in work. Every day some fear is there that day how go about meetings and priorities of work. Kindly change the work culture.

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...E BUT THERE SOME PERMANENT EMPLOYEE IS MAKING POOREST & BAD WORKING ENVIRONMENT. In my opinion Bank is looking cheaper employees without giving benefits like incentive & other things only salary based employee.

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BANK OF BARODA RADIANCE WEALTH MANAGEMENT IS FAILED DUE TO BANK POLICY THERE IS NO VALUE OF CONTRACTUAL EMPLOYEES TOTAL WORST MANAGEMENT.. Don't Join as contract employee they think you are not eligible candidate.

Likes

prompt salary and job security.

Dislikes

Poor management decisions, reservation policy dents scope for promotion, no work life balance, HR is worse if staff puts papers they don't even bother to call u up and find reasons, transfer policy pathetic, in a nutshell don't ever think of joining it and spoil your careers.

Likes

The brand value is internationally recognised. Full job security.Second most valued PSU bank. Extremely good market value. Good Working culture.

Dislikes

...a frequent transfer policy. Low payment high risk. Work life balance is missing. Minimal growth of salary yearly. Low bonus and appreciation.