SBI PO 2022 Exam-SBI PO Promotion and Career Growth
Sign Up on PracticeMock for Free Tests, General Awareness, Current Affairs, Exam Notifications and Updates

SBI PO 2022 Exam-SBI PO Promotion and Career Growth

The State Bank of India offers very good career in terms of the Career growth. It offers a good designation, hefty salary and other allowances. This is the reason why lakhs of candidates are attracted towards and are motivated to clear it every year. This year too, SBI is getting ready to conduct the PO exam to hire candidates in various branches throughout India. So, if you are interested in clearing the exam, you might also like to know everything about the SBI PO Promotion and Career Growth.

Take 1 FREE SBI PO Mock Tests & propel your preparation for sure shot success!

SBI PO 2022 Exam-SBI PO Promotion and Career Growth

SBI PO Job Profile

Let us shed some light on what an SBI PO does:

  1. Supervises clerical activities, customer service, process loans, helps in opening bank accounts, etc.
  2. Markets New Schemes
  3. Brings New Business to the bank
  4. On-site training, such as at SBI training institutes.
  5. Any related Banking task bank assigns him/her.

SBI PO Salary 2022

On becoming a PO in SBI he/ she starts receiving Rs.41,960 as his basic salary (with 4 advance increments). The salary structure of SBI PO follows the range of 36000-1490/7-46430-1740/2-49910-1990/7-63840. 

SBI PO Salary
Basic PayRs. 41,960
Special AllowanceRs. 6,881
DARs. 12,701
Location AllowanceRs. 700
Learning AllowanceRs. 600
HRARs. 2,937
Gross SalaryRs. 65,780
Deduction (PF/Income Tax/Professional Tax/Pension)Rs. 12,960
Net SalaryRs. 52,820

SBI PO Salary In Hand 2022

The In-hand salary of SBI PO 2022 ranges from Rs. 52,000 to 55,000 per month. This amount may vary depending upon the location of the posting. As the banks follow Bipartite settlements, there is no applicability of the 7th pay commission on the amount.

SBI PO Salary Increment

The salary and the in-hand salary of SBI PO are subject to increment every year. There is a fixed amount of increment given to every SBI PO on account of the period of service given by them.

SBI PO Increment 
PeriodIncrementBasic Salary
First 7 yearsRs. 1490/-Rs. 36,000/-
Next 2 yearsRs. 1740/-Rs. 46,430/-
Another 7 yearsRs. 1990/-Rs. 63,840/-

SBI PO Allowances, Perks

Allowances that SBI POs enjoy are tabulated below:

SBI PO Salary Allowances
AllowanceAmount
Dearness Allowance26% of the Basic Pay
City Compensatory Allowance3% – 4% depending on location
House Rent Allowance7% – 9% depending on Place of Posting
Furniture AllowanceRs. 1,20,000
Medical Insurance100% covered for employee | 75% covered for dependent family
Travelling AllowanceAC 2-tier fare is reimbursed to the employee for official travels
Petrol AllowanceRs. 1,100 – 1,250
Newspaper Allowance, Entertainment Allowance, Books Allowance, etc.Varies based on Cadre

Read to know all about the SBI PO 2022 Notification!

SBI PO 2022 Promotion

An SBI PO can enjoy quick promotions along with the increase in the salary as per the Bank norms. Here’s how the promotion hierarchy goes:

  • Assistant Manager
  • Deputy Manager
  • Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Deputy Managing Director
  • Managing Director
  • Chairman

SBI PO’s Career

The salary and perks SBI POs enjoy are very attractive, and the career growth makes it super-worthwhile. Lakhs of candidates apply for the post every year and those who clear the exam enjoy a stable life with a sturdy income. Candidates applying for the post are advised to start their preparation right away by taking SBI PO Prelims Mock Tests.

SBI PO 2022 Exam-SBI PO Promotion and Career Growth

SBI PO Salary 2022 – FAQs

Q 1. What is the promotion hierarchy of SBI PO?

Ans. The promotion hierarchy is Assistant Manager, Deputy Manager, Manager, Chief Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Deputy Managing Director, Managing Director, Chairman

Q 2. What is the Payscale of SBI PO?

Ans. The Pay scale of SBI PO is 36000-1490/7-46430-1740/2-49910-1990/7-63840.

Q 3. What is the basic salary of SBI PO?

Ans. Basic Pay Salary of SBI PO is Rs 41960/- with 4 advanced Increments.

Q 4. What is the in-hand salary of SBI PO?

Ans. The In-Hand salary of SBI PO is between 52,000 to 55,000 per month.

Q 5. What are the allowances we get in SBI PO?

Ans. The allowances and perks offered in SBI PO are Medical Insurance, Travelling Allowance, Furniture Allowance, Petrol and other allowances.

[table “22” not found /]

    Free Mock Tests for the Upcoming Exams



By Asad Yar Khan

I write and oversee the creation of informative educational blogs centering around study strategies, exam techniques, and more, to guide aspirants in clearing SSC, banking, engineering, and other competitive exams. I ensure a range of subjects are covered with precision and clarity. With over 7 years of diverse writing experience, I share a wealth of wisdom and expertise with thousands of students, through PracticeMock every day, helping them achieve their goals.

Leave a Reply

Your email address will not be published. Required fields are marked *