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2) Variable Compensation **
Monthly Variable Allowance 14,950 59,400
Quarterly Variable Allowance* 550 6,600
3) Annual Components/Retirals
Health Insurance NA 2,000
Provident Fund 1,164 13,968
Gratuity 466 5,599
Total of Annual Components & Retirals 1,631 21,567
75000 13,16,387
TOTAL GROSS
# Refer to Table 2 for TCSL defined Structure. In case, you wish not to restructure your BoB, TCSL
defined Structure as given in Table 2 will be applicable.
**The Variable Compensation is applicable upon successful completion of the Initial Training
Programme.
* Amount depicted will be paid-out on a quarterly basis upon successful completion of the Initial Training
Programme.
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