Federal Bank Clerk Salary Package, Employee Perks By Quora & Glassdoor

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Federal Bank Clerk Salary

Federal Bank is a major commercial bank having 1,252 branches; approximately 11,593 employees are working on it. Because of the attractive salary and job stability, a Federal bank is fetching attention of majority of banking candidates. Many candidates have a dream to get a job in this bank. Those aspirants who are curious to know about Federal Bank Clerk Salary Package, Employee Perks and other benefits can avail complete details regarding the same from here.
In this article, we are providing you complete details of Federal Bank Clerk Salary and Other Components & Allowances. Employees working for the post of clerk receive an impressive and attractive salary package of Rs. 3.99 lakhs to 4.41 lakhs vary on the job location of employees. Candidates can get complete details on Salary Package and other benefits by going through this page prepared by www.sarkarinaukricareer.in

Federal Bank Clerk Salary Details

Organization Name
Federal Bank
Post Name
Clerk
Page Type
Salary
Salary Details
Given Below

Read: Federal Bank Exam Admit Card

Read: Federal Bank Syllabus

Federal Bank Clerk Salary:
Basic Pay-13,075

Federal Bank Clerk Pay Scale:
11765 – 655/3 – 13730 – 815/3 – 16175 – 980/4 – 20095 – 1145/7 – 28110 – 2120/1 – 30230 – 1310/1 – 31540

Employees will get all the other benefits and allowances on their basic pay as per their location of posting.  The total salary will be calculated after addition all the additional benefits.

Read: Comparision Between SBI & IBPS Clerk Career

Other Components & Allowances:
Dearness Allowance (DA) – The employee will get DA as per the rules and it will be increase and decrease on the basis of inflation.

House Rent Allowance (HRA) – The HRA will be calculated as per the location of posting basically it will be 7-9 percent of the basic salary.

City Compensatory Allowance (CCA)– CCA will be provided 3 to 4 percent of the Basic salary.

Medical and Other Allowances – Medical allowance will be provided as per the norms of bank.

Read: IBPS Salary Structure – Download PDF

Federal Bank Clerk Salary Package
Candidates will get a total salary after adding all allowance and other components is Minimum- 3.99 lakhs per year and Maximum- 4.41 lakhs per year depending on job location.

Note:
Candidates have any question regarding Federal Bank Clerk Salary Package or Employee Perks they can ask freely by commenting us on below providing comment box.

Read: Apply for Latest More Bank Jobs