Bank News-2: Wage Chart

Scale-I
Present: 10000-470-12820-500-14320-560-19920-560-21040.
Proposed: 14500-600-18700-700-20100-800-28100-800-29700-900-31500.

Scale-II
Present: 13820-500-14320-560-21040-620-22900.
Proposed: 19400-700-20100-800-29700-900-34200.

Scale-III
Present: 18240-560-21040-620-23520.
Proposed: 25700-800-29700-900-35100.

Scale-IV
Present: 20480-560-21040-620-24140.
Proposed: 30600-900-34200-1000-36200.

Scale-V
Present: 24140-620-26620.
Proposed: 36200-1000-38200-1100-40400.

Scale-VI
Present: 26620-680-29340.
Proposed: 42000-1200-46800.

Scale-VII
Present: 29340-680-30700-900-31600-1000-32600.
Proposed: 46800-1300-52000.

HRA new rates: Major ‘A’ Class Cities – 8.5%
Other places in Area I - 7.5%
Other places - 6.5%
CCA Rates: Unchanged – Higher CCA Area – 4.00% Max Rs. 540.00
Lower CCA Area – 3.00% Max Rs. 375.00
Medical Aid: Scale I – III Rs. 5100/- p.a.
Scale – IV & Above Rs. 6320/- p.a.
*Two additional stagnation increments for Scale I to III.