SBI PO Salary Structure 2023 – Check the salary structure of State Bank of India Probationary Officer Job Profile, in Hand after 7th Pay commission
Latest Allowances After Wage Revision + Promotion, SBI Job Profile, Salary offered for Probationary Officer in Hand After 7th pay Commission. This time lots of candidates are preparing for SBI PO Exam 2023. All the candidates are thinking this time that how much salaries are offered to the Probationary Officer. There are lots of questions in the Candidate’s mind that How much does SBI PO earn?, What is the salary of Bank PO after 5 years?, What is Salary of PO in Bank? And what is the SBI PO Job Profile? Therefore all contenders may check SBI PO in Hand Salary after 7th Pay Commission.
The State Bank of India is going to fill various Probationary Officer Vacancies. A huge number of candidates are preparing for SBI PO Exam 2023. Candidates have to undergo preliminary and Main Exam & Personal Interview/Group Discussion for final selection. After that, the bank will make the final SBI PO Merit list and selected candidates will be taken an appointment on desire post.
SBI PO Salary Structure in Details
Here we are talking about SBI Bank PO officer Salary and other details such as in Hand Salary, Facilities, Allowances, Salary during the training period, DA, HRA, Bonus, TA, Medical Benefits, Gross Salary, Salary Increments, Grade pay, Career Growth opportunities, 7 pay Commission effect on Salary etc. All aspirants participating for the exam might be wondering about the SBI PO Salary. SBI PO Salary – detailed SBI PO salary structure, allowances, and other benefits. Apart from SBI PO Salary details, we will also give information about the SBI PO job profile – roles and responsibilities, and scope of growth.
SBI Salary Structure of Probationary officer
Presently, the starting basic pay is Rs 27,620/- (with 4 advance increments) in the scale of Rs 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 total compensation per annum on CTC basis is a minimum of 8.20 lacs and maximum of 13.08 lacs depending on the place of posting and other factors. Apply Latest Banking Jobs
| SBI PO package 2023 in India | |
| SBI PO Basic Pay | Rs 27,620/- (4 Increments also applicable) |
| Dearness Allowance (DA) | 46.9% of the Basic pay (Revised Quarterly) |
| CCA | This varies with the place of posting at 4% or 3% |
| HRA | 9%, 8% or 7% (Depends on the place of posting) |
| Furniture Allowance | Rs 120000/- |
| Medical insurance | 100% medical Coverage for SBI Employees and 75% for their family members. |
| Travelling Allowance | For official Travels, reimbursement of AC-2 tier fare is provided |
| Petrol | Approx. Rs 1100-1250/- |
| SBI PO Gross Salary with HRA | Total Compensation: 7.55 lakhs and a maximum of 12.93 lakhs depending on the place of posting and other factors. |
SBI PO Profile & State Bank of India PO Salary Structure
The SBI PO has a probation period of 2 years during which they learn the various aspects of banking. This includes supervising clerical activities, customer service, processing loans, opening bank accounts, etc. They will also learn about various fields of Banking like Retail Banking, Rural Banking, etc. Apart from this kind of on-site training, Probationary Officers also get trained at SBI training institutes. SBI PO, which is Junior Management Grade Scale-I, after completion of the probation period, will undergo screening, and after qualifying it, they will be promoted to officer Middle Management Grade Scale-II.
SBI Bank PO Salary 2023- PO Promotion & Career Opportunities
| SBI PO Salary: SBI PO Promotions & Career Growth |
| Probationary Officer |
| Deputy Manager |
| Manager |
| Chief Manager |
| Assistant General Manager |
| Deputy General Manager |
| General Manager |
| Chief General Manager |