HARCO Bank Clerk, Jr/Sr Accountant, and Assistant Manager Salary after 7th CPC

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

Head Office Chandigarh
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
  • Clerk

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
Post Type Clerical Administrative
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/-
Basic Pay 35,400/- 44,900/-
Dearness Allowances 4,248/- 5,388/-
Medical Aid 1,000/- 1,000/-
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.

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