SBI PO Salary After 5 Years: Many searches are made regarding the possible salary structure after completing the first five year at the State Bannk of India as an SBI PO. Here is the detailed analysis of what can your salary be post five year of service to the SBI.
SBI PO Salalary Structure – In the Beignning
SBI PO Salary 2021 Structure
| SBI PO Salary structure in India | |
| Gross Salary (Including everything) | Rs 65, 780/- |
| Dearness Allowance | 46.9% of the basic pay |
| City Compensatory Allowance (CCA) | 3% or 4% (depending on the place of posting) |
| Leased House Accommodation | Minimum- Rs 8000/-(Rural) Maximum- Rs 29500/-(Urban) |
| Medical Insurance | 100% for employees 75% for families |
| Travelling Allowance | Reimbursement for AC-2Tier (Exclusively for official travels) |
| Petrol | Rs 1100-Rs 1300 (in case of absence of personal vehicle) |
| Miscellaneous | Rs 4000/- |
| Total Compensation (Annually) | 8 lakhs to 13.5 lakhs |
| Loan Benefits | Concession on interest rates |
Net Salary Calculation – In-hand monthly
| Salary Details | Amount |
|---|---|
| PF Contribution | 4196 |
| Income Tax | 3290 |
| Professional Tax | 200 |
| Contributory Pension Fund | 5,274 |
| Total Deductions | 12,960 |
| Net Salary | 52,820 |
SBI PO Salary After 5 Years
Now to calculate the salary after 5 years would be looking at the yearly increments offered by SBI.
The fixed yearly increment after five years would be Rs. 1490×5 =Rs. 7450. The basic pay would now be 36000 + 7450 = Rs. 43,450
SBI PO Salary Structure After 5 Years
| SBI PO Salary structure in India | |
| Basic Salary (excluding everything) | Rs 43, 450/- |
| Dearness Allowance | 46.9% of the basic pay |
| City Compensatory Allowance (CCA) | 3% or 4% (depending on the place of posting) |
| Leased House Accommodation | Minimum- Rs 8000/-(Rural) Maximum- Rs 29500/-(Urban) |
| Medical Insurance | 100% for employees 75% for families |
| Travelling Allowance | Reimbursement for AC-2Tier (Exclusively for official travels) |
| Petrol | Rs 1100-Rs 1300 (in case of absence of personal vehicle) |
| Miscellaneous | Rs 4000/- |
| Total Compensation (Annually) | 10 lakhs – 15 lakhs (Higher-end figure can be achieve if you clear the internal exams such as JAIIB and CAIIB |
| Loan Benefits | Concession on interest rates |
However, this is just an estimate based on the present numbers, but any new changes in the compensation scale can affect this forecasted figure.
Find daily SBI PO 2021 updates posted on our official Instagram handle as well.
You might want to subscribe to our push notifications for such daily valuable articles.
Still, have some doubts about what we discussed in this blog? Then, leave your queries in the comment section below. We will surely respond to them.
- Sign Up on Practicemock for Updated Current Affairs, Free Topic Tests and Free Mini Mocks
- Sign Up Here to Download Free Study Material
Free Mock Tests for the Upcoming Exams
- RRB PO 2024 Free Mock Test
- RRB Clerk 2024 Free Mock Test
- SSC MTS Free Mock Test
- SSC CHSL Free Mock Test
- SSC CGL Free Mock Test
- GATE Mechanical Free Mock Test
- GATE Civil Free Mock Test
- NABARD Gr. A Free Mock Test
- SBI Clerk Mains Free Mock Test
- SSC CPO Free Mock Test
- AFCAT Free Mock Test
- CAT Free Mock Test
- NIACL Assistant Free Mock Test
- UIIC AO Free Mock Test
- UIIC Assistant Free Mock Test
- GIC Assistant Manager Free Mock Test
- NICL AO Free Mock Test
- Free SSC Live Test
- UPSC CSAT Free Mock Test
- CDS-I Free Mock Test
- RRB ALP Free Mock Test