Bank Salary Calculator
Public sector bank pay follows the Indian Banks’ Association settlement, not the central pay matrix. Enter your basic and this adds DA, special allowance and the other components as percentages of basic.
How to use this calculator
- Choose PO or clerk to fill in the starting basic, or enter your own basic pay.
- Enter any other allowances, such as a location or learning allowance.
- Enter your monthly deductions, to see pay in hand.
- Choose the date, and calculate.
How it is calculated
Bank DA is linked to the consumer price index and revised every quarter, not twice a year as for central government.
Special allowance, HRA and transport allowance are each a percentage of basic under the settlement. HRA varies by the place of posting, and banks pay lease rent to some officers instead.
Worked example
A new PO or officer at the 12th Bipartite starting basic of ₹48,480: the table shows each component and the gross. The DA figure is marked typical, because bank DA changes every quarter.
Run this worked exampleRelated calculators
- Government Salary CalculatorBasic pay from your level and cell, plus DA, HRA and transport allowance at the rates in force, less NPS and your deductions.
- Income Tax CalculatorTax on salary income under either regime, with the standard deduction, rebate and cess applied.
- NPS CalculatorYour NPS corpus at retirement with pay rising year by year, the lump sum you may withdraw, and the pension the rest buys.
- EPF CalculatorMonthly EPF contributions, the split into the pension scheme, and the balance at retirement.
Where the jobs are
Indicative only. The official order or notification governs, and every figure should be checked against it before you act on it.