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  • Compensation - Trainees T3

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    Minesh Chand Meena
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    A trainee named in Mumbai will receive a gross annual compensation of Rs. 234,000 which includes a base salary of Rs. 73,500, other allowances of Rs. 92,160, and lunch and conveyance allowances. The trainee will also be eligible for housing, vehicle and personal loans at interest rates of 2.5%, 3% and 5% respectively, as well as performance-based bonuses and gratuity as per company policy.

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    compensation.....

    Original Title

    Compensation _Trainees T3

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    A trainee named in Mumbai will receive a gross annual compensation of Rs. 234,000 which includes a base salary of Rs. 73,500, other allowances of Rs. 92,160, and lunch and conveyance allowances. The trainee will also be eligible for housing, vehicle and personal loans at interest rates of 2.5%, 3% and 5% respectively, as well as performance-based bonuses and gratuity as per company policy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    Compensation - Trainees T3

    Uploaded by

    Minesh Chand Meena
    A trainee named in Mumbai will receive a gross annual compensation of Rs. 234,000 which includes a base salary of Rs. 73,500, other allowances of Rs. 92,160, and lunch and conveyance allowances. The trainee will also be eligible for housing, vehicle and personal loans at interest rates of 2.5%, 3% and 5% respectively, as well as performance-based bonuses and gratuity as per company policy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Compensation Trainee 2011 -12

    Name
    Job
    Band
    Location

    Trainee
    Mumbai

    Gross

    210,000

    HDFC Bank

    Amount
    p.m.
    6,125
    7,680
    910
    800

    Base Salary
    Other Allowances
    Lunch Allowances
    Conveyance
    Provident Fund
    Medical
    City Allowances

    Gross
    Housing Loan @ 2.5%
    Vehicle Loan @ 3%
    Personal Loan @ 5%

    1,250
    2,000

    18,765
    750,000
    150,000
    60,000

    T3

    Amount
    p.a.
    73,500
    92,160
    10,920
    9,600
    8,820
    15,000
    24,000

    234,000
    58,125
    13,125
    6,900

    Performance Bonus

    As per Policy

    Gratuity

    As per Policy

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