SBI PO Salary Structure
Check out the Salary which is given to a Probationary Officer in State Bank of India? You will be surprised! Be the first to know changes in SBI PO Salary Structure after revision. All the candidates who are appointed as Probationary Officer in State Bank of India and having confusion against SBI PO Salary Structure, they you can obtain complete information from here. We have disclosed all the information about After Revision salary and other perquisites of PO.
State Bank of India is one of the most reputed banks of Government of India. The candidates who are selected PO they are given an impressive salary with all the benefits by the Government. You can follow up this page of www.recruitmentinboxx.com to see complete details about SBI PO Salary in Hand. You have to scroll down the page.
SBI PO Salary Structure
SBI PO Salary Package
Right now, the pay scale of Probationary Officer is starting with basic pay of Rs.27620/- (with 4 advance increments) in the scale of Rs.23700-980 / 7-30560-1145 / 2-32850-1310 / 7-42020 which is valid to Junior Management Grade Scale-I.
SBI PROBATIONARY OFFICER SALARY Cash in Hand = Rs. 38000/-
Broad Cost to Company (CTC) for Bank PO:
|Cost to Company (CTC)||Monthly||Yearly|
|Total without HRA||41379.00|
|Gross with HRA||43879.00|
|Gross Annual CTC (with HRA but without leased accommodation)||593753.00|
Do You Know: How To Negotiate Salary With HR
Scales On Promotion From Scale I To Scale VII
|Scale I||23700 -||980 -||30560 -||1145 -||32850 -||1310-||42020|
|Scale II||31705 -||1145 -||32850 -||1310 -||45950 -|
|Scale III||42020 -||1310 -||48570 -||1460 -||51490 -|
|Scale IV||50030 -||1460 -||55870 -||1650 -||59170 -|
|Scale V||59170 -||1650 -||62470 -||1800 -||66070 -|
|Scale VI||68680 -||1960 -||76520 -|
|Scale VII||76520 -||2120 -||85000|
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SBI PO Salary And Allowances/Perks
Candidates who are appointed as PO will be able to get Dearness Allowances, H.R.A / Lease rental, C.C.A, Medical and other allowances & perquisites which are varies as per rules in force from time to time.
Complete compensation will be of Rs. 7.55 lacks and maximum of Rs. 12.93 lacks per annum given to the aspirants but this all is depending on place of posting and other situations. State Bank of India is offering various appraisals and a SMART Compensation packages is giving which all are depend on its working performance in the organization.
- Dearness Allowance – 36.40 %( presently) of Basic Pay = Rs.10832/- +
- Special Allowance – 7.75% of Basic Pay = Rs. 2140
- House Rental Allowance – (population 45 lacks and above then HRA would be paid at 10%, if there population is 12 to 45 lacks then HRA shall be paid at 9%; 5 to 12 lacks>>HRA will be paid at 7.5 %;) Let’s we take an e.g. Delhi => 10% of Basic Pay i.e. Rs.2762/-.
- Petrol – 45 liters (semi urban or rural centre) 55 liters (Urban)-for Bike 55 liters (semi urban or rural centre), 65 liters(Urban)-for Car
- Newspaper and magazine – Rs.550/-
- Cleansing – Rs. 850/-
- Labor Charges – Rs.600/-
- Furniture Allowance = Rs.120000/- + Service Tax.
- Entertainment Allowance = Rs.12000/- P.A
- Tea Coffee Allowance = Rs.2000/- P.A
- BALTI/DABBA (utility) allowance – Rs.1800/- P.A
Check Details On: Bank Salary Structure
A Probationary Officer would get intensive training of two years under experienced or a particular team which will be selected by the organization. In the end of training period / probation period he / she have to face a screening process. Candidates who will qualify the predetermined level then only he / she will be proceeded to further higher positions which will be Officer Middle Management Grade Scale-II, others. Contenders who fail to qualify the said Exam then his / her jobs are to be terminated.
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