What perks are enjoyed by Bank PO ?
Apart from the basic salary, Bank Probationary Officers are entitled to various other benefits like Conveyance allowance, Cleansing material reimbursement, Entertainment allowance, Newspaper allowance, Medical reimbursement facility, Furniture reimbursements, License Foster Care (LFC) for India or abroad, Foreign postings chances, Faster promotions and incentives schemes for good performers, Loans on concessional rates, etc.
The rates of these benefits differ from bank to bank, the estimated sum of all such perks is about Rs. 3000/- to Rs. 4000/- in public sector banks.