Haryana State Co-operative Apex bank is having an Eleven (11) branches in Chandigarh and Five (5) in Panchkula. Apart from that, the Apex Bank controls the Ninteen (19) Co-operative banks present in each District.
HARCO Bank Details
|Chairman||Sh. Gulshan Bhatia|
|Total Co-operative Banks under HARCO||19|
|PACS (Primary Agricultural Credit Society)||718|
|Total Number of Branches||594|
The HARCO Bank has notified the 978 vacancies for the following post in the various District of the state.
- Assistant Manager/ Development Officer
- Senior Accountant
- Junior Accountant
I am going to discuss the pay pattern and salary structure of these positions in the HARCO.
You might have heard about the SBI or SBI clerk job. They follow the Banking pay pattern, which is getting prepared by the Indian Banks Association.
Whereas in the case of HARCO, all associated state co-operative banks are following the Haryana state employees 7th Pay Commission rules.
HARCO Bank Clerk/Junior Accountant Salary
The Clerk, Junior Assistant, and Senior Assistant have the PayScale of 35,400 – 1,12,400 in the Pay Matrix Level of L-6.
In the case of Assistant Manager and Development Officer, the 7th CPC Pay band is 44,900 – 1,42,400/-.
Like Haryana government employees, the HARCO staff will get the allowance as per Government rules.
In addition to the basic pay, they will get Dearness Allowance at the rate of 12%, Medical Allowance of Rs 1,000/- per month, Children Education Allowance of Rs 1,000 per month. The total is shown here in the following table.
|Post Name||Clerk | Jr/Sr Accountant||Assistant Manager|
|Job Type||Desk Job||Office Work|
|Pay Matrix Level||Level – 6||Level – 7|
|Pay Scale||35,400 – 1,12,400/-||44,900 – 1,42,400/-|
|Child Education Allowances||1,000/-||1,000/-|
|House Rent||2,832 / 5,664 / 8,496||3,592 / 7,184 / 10,776|
|Total Salary Per Month||Rs. 44,480 – 50,144/-||Rs. 55,880 – 63,064/-|
Based on the above, the Clerk, Jr/Sr Assistant would get the total salary of Rs 44,480 – 50,144/- per month after joining the Haryana State Co-operative Apex Bank.
Similarly, Asst. Manager/Development Officer will get an approximate monthly payment of Rs 55,880 – 63,064/- per month from the date of joining the regular service in HARCO.