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SBI PO Salary – Job Profile, Salary Structure, Career Growth

SBI Probationary Officer: Salary Structure, Job Profile, Career Growth
SBI Probationary Officer: Salary Structure, Job Profile, Career Growth
SBI PO Salary 2019: The State Bank of India Probationary Officer (SBI PO) is one amongst the foremost demanding and prestigious jobs in India. The state bank of India (SBI) being the biggest depository financial institution in India ensures a secure future for its staff.
It provides financial security and status. Hence, each year lakhs of candidates seem for the SBI PO examination to induce into the banking sector. The SBI PO 2019 preliminary examination is scheduled to be conducted on eighth, ninth, fifteenth June 2019.
Candidates showing for the examination could be curious regarding the SBI PO Salary. During this article, we are going to give you with elaborate details regarding SBI PO Salary –  Salary structure, allowances, and alternative advantages.
Except for SBI PO Salary details, we are going to provide data regarding the SBI PO job profile – roles and responsibilities, and scope of growth. Browse on to find out.

SBI PO Job Profile:

SBI PO has a 2 years probation period. During this period probationary officer learn the various aspects of the banking sector.
This period probationary officer supervised the clerical activities, opening a bank account, processing loans, customer service etc.
They also learn Rural Banking, Retail Banking etc. Probationary officers also get training at SBI Training Institute.
SBI PO is Junior Management Grade after the completion of the 2 years of Probation period they undergo screening test and after qualifying it, they will be promoted to Middle Management Grade (Scale – II) Officer.

SBI PO Pay Scale 2019

Presently, the beginning basic pay is Twenty Seven Six Hundred Twenty- (with four advance increments) within the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020.
The official also will be eligible for D.A, H.R.A/ Lease rental, C.C.A, Medical and different allowances & perquisites as per rules effective from time to time.
The overall SBI PO Salary each year on CTC basis be a minimum of 8.20 lakhs and most of 13.08 lakhs (depending on your home of posting and different factors).
The official notification, SBI could provide, subject to necessary approvals, a sensible compensation package which might enable candidates an option to monetise specific parts of the SBI PO Salary package.
Let us currently check out the elaborated SBI PO Pay Structure and allowances.

SBI PO Salary Structure

Class – A CitiesArea - IOther Area
Basic Pay237002370023700
SA (Special Allowance)1836.751836.751836.75
Dearness Allowance (DA)10163.6310163.6310163.63
City Compensatory Allowance (CCA )870600Nil
Total (without HRA)36570.3836300.3835700.38
HRA213318961659
Total with HRA38703.3838196.3837359.38

SBI PO Salary: 

Additional Benefits

  1. Medical insurance (100 per cent for SBI PO and 75 per cent for family members)
  2. Cashless treatment in selected medical facilities around the country
  3. Newspaper allowance
  4. Books and magazines allowance
  5. Petrol allowance
  6. House maintenance allowance
  7. Telephone bill reimbursement
  8. Entertainment allowance
  9. Concessionary interest rates for House Loan, Car Loan, and Personal Loan

SBI PO Perks:

Apart from the SBI PO offer lucrative Salary, the following are the benefits of being an SBI Probationary Officer:
  1. Financial security and stability
  2. Great opportunities for career growth
  3. Social status

SBI PO Career Growth:

The Career SBI PO Growth and Opportunities for promotions is as under:
SBI PO Promotions & Career Growth - Timeline Infographyics with SBI PO Salary & Desgination

Probationary Officer
Deputy Manager
Manager
Chief Manager
Assistant General Manager
Deputy General Manager
General Manager
Chief General Manager