Salary of Bank Employees Officers after 11th BPS

Salary of bank employees after 11th bipartite settlement

The revised salary is being paid to the officers of the banks under guidelines of the Indian Banks’ Association, Mumbai, (IBA) in consultation with the Government of India and as per the signed Joint Note dated 11.11.2020.

Basic Salary Slab

#	Scales	Pay Band
1	Scale I	36000-1490/7-46430-1740/2-49910-1990/7-63840
2	Scale II	48170-1740/1-49910-1990/10-69810
3	Scale III	63840-1990/5-73790-2220/2-78230
4	Scale IV	76010-2220/4-84890-2500/2-89890
5	Scale V	89890-2500/2-94890-2730/2-100350
6	Scale VI	104240-2970/4-116120
7	Scale VII	116120-3220/4-129000

* SI = Stagnation Increment

Stage	JMG-1	MMG-2	MMG-3	SMG-4	SMG-5	TMG-6	TMG-7
1	36000	48170	63840	76010	89890	104240	116120
2	37490	49910	65830	78230	92390	107210	119340
3	38980	51900	67820	80450	94890	110180	122560
4	40470	53860	69810	82670	97620	113150	125780
5	41960	55880	71800	84890	100350	116120	129000
6	43450	57870	73790	87390	103320SI
7	44940	59860	76010	89890
8	46430	61850	78230	92390SI
9	48170	63840	80450SI	95120SI
10	49910	65830	82670SI
11	51900	67820	84890SI
12	53890	69810M	87110SI
13	55880	71800A	89610SI
14	57870	73790A	92110SI
15	59860	76010A
16	61850	78230A
17	63840M	80450SI
18	65830A	82670SI
19	67820A	84890SI
20	69810A	87110SI
21	71800SI	89330SI
22	73790SI
23	76010SI
24	78230SI
25	80450S