Salary and perks at South Indian Bank PO are very good. South Indian Bank PO receives a dignified salary along with other allowances such as Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance as per rules in force from time to time. This article South Indian Bank PO Salary and Perks will give the complete information about salary and Perks of South Indian Bank PO.

IBA approved pay scale of Rs. 23700– 980/7 – 30560- 1145/2 – 32850- 1310/7 - 42020 plus DA, HRA & other allowances. Eligible for performance linked incentive applicable to Scale I officers as per the scheme in vogue.

• Thus the pay scale ranges from Rs. 23700 to Rs. 42020.


• Moreover, there are some additional allowances like DA, HRA, CCA, Special Allowances including medical allowances are provided to a PO working at South Indian Bank.

For the very basic, you can get the following:

• After joining as a Probationary Officer, you will get a


• Basic pay of Rs. 23700


• Special allowance of Rs. 1836.


• DA will be Rs. 12206


• HRA will be Rs. 2133


• CCA Rs. 870.

Thus Total SIB PO Salary in hand is Basic Pay + DA + HRA + CCA + Special Allowance. hence we see that the starting Gross Salary of a PO in SIB is Rs. 40746.