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Old Tuesday, September 29, 2009
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Well the hierarchy of NBP and other commercial Banks is as under

OG11
OGI
AVP
VP
SVP
EVP
SEVP
President/CEO

Initial salary of MTO is 30000/= along with 3 annual bonuses ,one performance and two Eid.
(Other allowance include free Medical for spouse ,children and parents , marriage allowance and Delivery allowance )

Staff Loan facility at subsidized rate (House Building,Car,Motorcycle and Computer)
End of service benefits: Medical and contributory PF


salary of AVP

Total Package exceeds 100000/=
along with 120 Litre Petrol
if posted BM then BM allowance(Rs 10000 PM almost)
almost 75000 PA Leav Fare Assistance
and other benfits.

NBP also provide a company maintained Vehicle to VP and above cadres.A VP get 1000 CC Cultus along with 200 Litre Petrol and 16000PA maintenance charges. Vehicle is written of after the period of 5 years and replaced with new one.The holder has the opportunity to purchase it from bank at Book value.

AVP can also get a vehicle if his /her functional title is entitled.Some AVPs are working as Regional Mangers /Audit Center Chiefs and in this capacity they are entitled to avail company maintained car.
However now other banks have changed the practice and instead of providing car they offer the employee to obtain a car of their choice and get it financed from that Bank .Then Bank pay the monthly installemnts of that vehcle.
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Babakhan (Wednesday, September 30, 2009)