SBI PO Salary In-hand 2021

SBI PO Salary In-hand 2021: The in-hand salary of an SBI PO 2021 would be Rs. 52,280 including all the allowances and perks. However, the in-hand salary can be increased by an employee by taking internal exams such as JAIIB and others to enjoy a healthy increment.

SBI PO Salary In-hand 2021

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/-

SBI PO Salary structure in India
Gross Salary	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

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

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