Compare Pay Of Bank Staff With Central Government Employees

I submit below a comparative study of wages paid to bank employees and to central government employees which is compiled by talented Sri Pannvalan

Salaries & Allowances of Bank Employees (10th BPS) and Central Government Employees (7th CPC) - At the start of the scale on 01-01-2018
	Bank Employees						Central Government Employees
(Amount in Rupees)
Details of Pay & Allowances	Sub-staff	Clerk	Officer - JMGS I	Officer - MMGS II	Officer - MMGS III		Pay Band - 1	Pay Band - 1	Pay Band - 3	Pay Band - 3	Pay Band - 4
Basic Pay	9,560	11,765	23,700	31,705	42,020		18,000	25,500	56,100	67,700	78,800
Special Pay	0	820	0	0	0		0	0	0	0	0
Spl. Allowance	741	912	1,837	2,457	3,257		0	0	0	0	0
Transport Allowance	425	425	2,100	2,800	3,500		936	1,404	3,200	3,200	3,200
D. A.	5,315	6,964	13,177	17,628	23,363		2,160	3,060	6,732	8,124	9,456
H.R.A.	956	1,259	2,133	2,853	3,782		5,400	6,120	13,464	16,248	18,912
C.C.A.	0	0	870	870	870		0	0	0	0	0
Total	16,997	22,145	43,817	58,313	76,791		26,496	36,084	79,496	95,272	110,368
Note:
1. For bank staff, 'special pay' means the existing special pay applicable to Single Window Operator for Clerks (for sub-staff, their special pay has been merged with Basic Pay) at the time of 9th BPS.
2. For bank staff, 'Special Allowance' means the new allowance proposed to be introduced in 10th BPS. This attracts D.A. but it is not reckoned for any other benefit.
3. For award staff in banks, 'Transport Allowance' is a fixed amount, while for officers, it is claimed as a reimbursement on production of petrol bills.
4. For central government employees, 'Grade Pay' under 6th CPC got merged with their Basic Pay under 7th CPC.
5. For central government employees, 'Transport Allowance' is fixed and it is counted for the purpose of D.A. Moreover, whenever the outstanding D.A. crosses 50% (due to periodical rise in AICPI), Transport allowance will also rise by 25%, for each block of 50% in D.A.
6. For HRA, metropolitan city has been taken for comparison in both the cases.
7. For Central Government employees, D.A. is due for revision from 01-01-2018. For better comparison, the estimated D.A. of 12% from 01-01-2018 has been taken for central government staff.
Date: 01-01-2018	pannvalan