Name of the Post: Manager Scale 1
No of Vacancies: 23
Pay Scale & Emoluments:
The Scale of Pay for the post of Manager (Scale-I) at present is Rs.23700-980/7-30560-1145/2-32850- 1310/7-42020 (17 stages) plus four stagnation increments of Rs.1310/- each for every three completed years of service after reaching maximum of the scale.
Approximate Gross emoluments at the minimum of scale of pay is Rs. 51647/- (as at May 2019) plus other allowances applicable such as Conveyance Allowance, Newspaper allowance, Telephone Bill reimbursement (CUG), Medical Allowance etc., and other benefits such as Contributory PF, Medical Reimbursement, Leave Encashment, LTC, Medical Aid, etc
Name of the Post: Staff Assistant
No of vacancies: 54
Pay Scale:
The Scale of Pay for the post of Staff Assistant at present (on par with IBA scales) is Rs.11765 – 655/3 – 13730 – 815/3 – 16175 – 980/4 – 20095 – 1145/7 – 28110 – 2120/1 – 30230 – 1310/1 – 31540 (20 stages) plus eight stagnation increments at the rate of Rs.1310/-, at a frequency of 3 years up to 5 stagnation increments and sixth, seventh and eighth stagnation increments will be released two years after receipt of fifth, sixth and seventh stagnation increments respectively.
Approximate Gross emoluments at the minimum of scale of pay is Rs.25,395/- (as at May 2019) plus other allowances applicable such as Conveyance Allowance, Newspaper allowance, Telephone Bill reimbursement (CUG), Medical Allowance etc., and other benefits such as Contributory PF, Medical Reimbursement, Leave Encashment, LTC, Medical Aid, etc.
Contract Bond for 3 Years:
Applicable to both (Manager & Staff Assistant) Posts
The candidate, upon selection, must execute a Contract Bond with a liability for the amount (as decided by the Board of Management of the Bank), that, he/she would serve the Bank continuously for a minimum period of 3 years.