| Basic pay | - |
| Special allowance | - |
| DA (on Basic + SA) | - |
| HRA | - |
| CCA / location | - |
| Other allowances | - |
| Gross salary | - |
| NPS contribution | - |
| Other deductions | - |
| Estimated in-hand (before tax) | - |
Tip
Use this free Bank Salary Calculator to estimate the monthly salary of bank employees and officers under the 12th Bipartite Settlement and 9th Joint Note. Choose your cadre and basic pay stage, enter the current DA and your allowances, and see your gross salary and estimated in-hand pay before tax.
How bank salary is calculated
A bank employee’s salary has several parts:
- Basic pay: based on your cadre and the number of increments you have earned in the pay scale.
- Special allowance (SA): a percentage of basic pay. For officers, this is fixed by scale in the 9th Joint Note.
- Dearness allowance (DA): a percentage linked to the consumer price index, revised every quarter. DA is paid on basic pay and on special allowance.
- House rent allowance (HRA): a percentage of basic pay, depending on the area of posting, if bank accommodation is not provided.
- CCA or location allowance: a fixed amount depending on the place of posting.
- Other allowances such as learning allowance, transport or post-specific allowances.
From gross pay, deductions such as NPS contribution (10% of basic + DA for employees covered by NPS), professional tax, income tax (TDS) and others are made.
12th Bipartite pay scales
The 12th Bipartite Settlement covers the period 1 November 2022 to 31 October 2027. Pay scales are written as: starting basic, then increment amount / number of increments, then the next stage.
| Cadre | Pay scale (₹) |
|---|---|
| Clerical | 24050-1340/3-28070-1650/3-33020-2000/4-41020-2340/7-57400-4400/1-61800-2680/1-64480 |
| Subordinate | 19500-665/4-22160-830/5-26310-990/4-30270-1170/3-33780-1345/3-37815 |
| Officer Scale I | 48480-2000/7-62480-2340/2-67160-2680/7-85920 |
| Officer Scale II | 64820-2340/1-67160-2680/10-93960 |
| Officer Scale III | 85920-2680/5-99320-2980/2-105280 |
| Officer Scale IV | 102300-2980/4-114220-3360/2-120940 |
Special allowance for officers
| Scale | Special allowance (% of basic) |
|---|---|
| JMGS I | 26.50% |
| MMGS II and III | 28.30% |
| SMGS IV and V | 30.50% |
| Scale VI and VII | 31.50% |
For award staff (clerical and subordinate), special allowance and special pay depend on the post held, so please use the figures from your bank’s circular.
Current DA for bank employees
DA for bank employees is revised every quarter (February, May, August and November) based on the All-India CPI-IW. For August–October 2026, DA is 27.83%, up from 25.70% in May–July 2026. The calculator uses 27.83% by default; the rate for November 2026 – January 2027 will be updated here once announced. Source: IndianPayCalculator, citing AIBEA circular of 31 July 2026.
Example
An officer in Scale I at the starting basic of ₹48,480, with special allowance of 26.5% (₹12,847), DA of 27.83% on basic plus special allowance (₹17,067), HRA of 10% (₹4,848) and CCA of ₹1,900, gets a gross salary of about ₹85,143 a month before deductions.
How to use this calculator
- Select your cadre or scale.
- Choose your current basic pay from the list (check your pay slip).
- Enter the current DA % from your bank’s latest DA circular.
- Check special allowance and HRA and change them if your pay slip shows different rates.
- Add CCA or location allowance and other fixed allowances.
- Add deductions to see estimated in-hand pay before income tax.
What about the 13th Bipartite Settlement?
The 13th Bipartite Settlement falls due from 1 November 2027, and unions have started preparing their charter of demands. We will update this calculator when new pay scales are officially signed. Read our update on the 13th Bipartite Settlement.
Frequently asked questions
Is DA paid on special allowance?
Yes. Under the current settlement, DA is calculated on basic pay plus special allowance.
Why does my pay slip differ from this calculator?
Your pay slip may include special pay, officiating pay, PQP, learning allowance, recoveries, income tax and other items specific to your bank and post. Add them under “Other allowances” or “Other deductions”.
Does this calculator include income tax?
No. In-hand pay shown is before income tax and professional tax. Tax depends on your total income, regime and investments.
Are these figures official?
No. This is an independent estimation tool. For official figures, always refer to the Bipartite Settlement, Joint Note and your bank’s circulars.
Disclaimer: This calculator is an independent tool made in a personal capacity for estimation only. It is not affiliated with IBA, any union or any bank. Please verify all rates with your bank’s official circulars.