SBI PO Salary: Check Pay Scale, Allowances & In Hand Salary

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SBI PO Salary, SBI PO is a largest public sector bank in india. Everyone who want to be bankers definitely their dream is get job in state bank of india because it is most reputed job after reserve bank of india. pay and perks, the salary and allowances are also better than any other public sector banks. SBI has recently released notification of sbi po. The examination of sbi po is already scheduled on 31st December 2020 so All the aspirants who are preparing for the SBI PO 2021 exam must be eager to know about the SBI PO salary in hand, job responsibilities

Candidates whose target SBI PO must be eager to know SBI PO Salary slip. In this article, we have discussed SBI PO basic pay, salary structure, allowances and Perks, SBI PO work profile etc. 

To help you about job profile, we are sharing complete details of the SBI PO in-hand salary, Gross Salary, Job Profile, and career progression. This will help you set an aim to clear SBI PO 2021. Let us brief the details.

SBI PO Salary Structure (Gross & in-Hand)

SBI is one of the most prestigious jobs due to it is a largest Public Sector Bank in india. Besides holding a reputed position in SBI, Probationary officers are advantageous to various perks and benefits apart from the basic salary. The person working as an SBI PO earns a higher than (take-home salary) IBPS PO and other banks Probationary officers . They get more allowances as well. If you are targeting for SBI PO this year, then it is essential for you to know what exactly the work of probationary officer, what are duties of Probationary officers, and what career objectives. The starting salary may differ city to city according to your posting location

SBI PO Salary & Perks Offered

SBI PO Basic Pay 2021 (based on the notification released)

Presently, the starting basic pay is 27,620/- (with 4 advance increments) in the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I. The official will also be eligible for D.A, H.R.A/ Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time (the emoluments are likely to be revised shortly).

SBI PO Salary

Dearness Allowance

Dearness Allowance revised every quarter and is calculated based on CPI (Consumer Price Index) which is 22588.26 Rs according to given slip above. Currently, DA is 46.9% of the basic pay.

City Compensatory Allowance (CCA)

City Compensatory is vary according to your posting location. According to given payslip it is 870

Furniture Allowance

Rs. 120000/- for the purchase of furniture. Which is good amount for purchase luxurious furniture in your home

Leased House Accommodation

You may take a house on lease, the amount of which varies according to your posting between a minimum of. Rs. 8000/- (in rural areas) and a maximum of Rs. 29500/- (in Mumbai).

Medical Insurance

100% medical coverage for SBI employees i.e you and 75% for your family members

Travelling Allowance

For official travels, reimbursement of AC 2-tier fare is provided to you by bank

Apart from the perks and benefits mentioned above, You also enjoys numerous monthly perks like tea & coffee, newspaper allowance, cleaning & labour, entertainment, etc. which is 4000/- approx.

SBI PO Career Growth & Promotion

  • Probationary Officer (Assistant Manager, JMGS – I)
  • Deputy Manager (MMGS)
  • Manager (MMGS)
  • Chief Manager (MMGS)
  • Assistant General Manager (SMGS)
  • Deputy General Manager (TEGS)
  • Chief General Manager (TEGS)
  • General Manager (TEGS)

So, if you join SBI as Probationary Officer you have lots of scope and you can reach up to General Manager

For SBI PO you have always ready for new innovation sbi preilims exams always a challenge for many aspirents because sbi is know for their new innovation. Prelims examination of banking needs speed as well as accuracy. All the Best for Your future keep connect with our website Facebook page and you YouTube channel which is given above.


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