SBI PO Salary 2021: Becoming an SBI Probationary officer is a dream of many graduates all over India. It is one of those generic banking jobs which offers excellent career growth along with a handsome in-hand salary from the very first month of joining.
SBI PO Exam/Job Overview
| CATEGORY: | SBI PO |
| JOB PROFILE | Public Dealing |
| POSTING | Urban/Rural |
| PROMOTIONS | Frequent |
| TRANSFER | Frequent |
| EXAMINATION TYPE | Online: Prelims + Main |
| BOND | 3 Years |
SBI PO Salary 2021 Structure
SBI this year has made changes in the yearly increments in the pay scale which are fixed for several years.
| SBI PO year-wise Increment | ||
| Period | Increment | Basic Salary |
| First 7 years | Rs. 1490/- | Rs. 36,000/- |
| Next 2 years | Rs. 1740/- | Rs. 46,430/- |
| Another 7 years | Rs. 1990/- | Rs. 63,840/- |
Net Salary Calculation
| Salary Details | Amount |
|---|---|
| PF Contribution | 4196 |
| PF’s Arrears | 1434 |
| Professional Tax | 300 |
| Contributory Pension Fund | 5,371 |
| Total Deductions | 11,301 |
| Net Salary | 62,392 |
SBI PO Career Growth
There is no doubt about SBI’s track record of offering exciting promotions and opportunities. And if you really put the efforts in the right direction, you can also land senior management posts at head offices. Arundhati Bhattacharya, Ex-SBI Chairman joined SBI as a probationary officer in 1977. This clearly shows that SBI is an organization full of healthy opportunities if you are willing to grab them with the right mindset.
Can an SBI PO one day become a Chairman of SBI?
- Deputy Manager
- Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
Eligibility Criteria for SBI PO 2021
| Educational Qualification | Graduation or any equivalent degree |
| Age limit | 21 to 30 years |
| Age Relaxation | SC/ST- 5 years OBC (NCL)- 3 years |
| The number of attempts: | UR/EWS –4 OBC- 7 SC/ST – No Limit |
SBI PO Previous Year Exam Analysis
FAQs
What is the in-hand salary of SBI PO?
In-hand salary – 42,000-44,000 (But including everything and if you crack the JIIB exam after you join as a PO, your annual package can range from 8.00 LPA – 13.00 LPA.
What benefits are provided apart from the SBI PO salary?
Some of the key benefits provided to an SBI PO at SBI:
- House Rent Allowance
- Medical Allowance
- Travel Allowance
- Furniture Allowance
- Loan Benefits
- Dearness Allowance
What is the basic pay for SBI PO?
Rs.27,620/- (basic pay) which is followed by four increments. Official pay scale – 23700-980/7 -30560-1145/2 – 32850-1310/7- 42020.
What is HRA in SBI PO salary?
House rent allowance is provided as per the city at which the employee gets posted. Due to frequent transfers, SBI makes it a priority to ensure HRA for its SBI PO level employees.
English Quizzes for SBI PO Prelims 2021 with Tips & Tricks
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