If you are aspiring to become an SO in the State Bank of India, then this article may help you understand the salary structure and pay scale benefits of the SOs in the prestigious banking institution like SBI. Specialist officers in SBI receive an attractive salary package along with the basic pay they get, Dearness Allowance, and House Rent Allowance. Specialist Officers in the SBI are in various categories like IT and other Financial and Management Positions. In this article, we have talked about the salary structure, Perks, allowances, Job Security, and other benefits of the candidates appointed as SO in the SBI.
The Specialized Officers in the State Bank of India are categorized according to the posts, and they get a salary package according to their expertise in the particular field of appointment. There are various salary packages for different fields in the SO Position in SBI. The SBI SO receives a well-structured salary and a stable career, Job security, perks, and benefits like House Rent Allowance (HSA) and Dearness Allowance (DA). They also receive medical facilities and performance-based incentives. Here we will talk about the salary structure of the Permanent and contractual SOs in various fields such as the Deputy Manager, IT officer, Relationship Manager, Vice President, Finance Manager, Operations Manager, etc.
The table below provides detailed information about the salaries for the different categories in the SBI SO. It gives the candidates a brief insight into the JMGS and MMGS positions in the SBI. Refer to the table to know the salary structure properly.
| SBI SO Salary Structure | |
| Position | Pay Scale |
| JMGS 1 | Rs.48480-2000/7-62480-2340/2-67160-2680/7-85920 |
| MMGS 2 | Rs. 64820-2340/1-67160-2680/10-93960 |
| MMGS 3 | Rs. 85920-2680/5-99320-2980/2-105280 |
Let’s know more about the CTC and dive deeper into other pieces of information that is available about the salary structure of the SBI SO:
The Annual Cost to Company (CTC) of the SBI SO is flexible and is dependent on the candidate’s experience, their current earnings, and the location where they are posted.. The CTC package consists of 85% fixed components and 15% variable pay. As mentioned earlier about the performance-based incentives, here is a quick summary of the increment that the candidates will get based on their performance. There will be an annual increment in the CTC, with increments of 5%, 6.5%, and 7% for the 1st, 2nd, and 3rd annual increments, respectively.
The Annual Salary for various positions in the SBI SO is mentioned in the table given below. Go through the table to know about the yearly salary of SBI SOs.
| SBI SO Salary 2025 | ||
| Post | Grade | Annual CTC |
| Deputy Vice President- IT Risk | _ | Upto Rs 44.00 lacs |
| Assistant Vice President- IT Risk | _ | Upto Rs 38.00 lacs |
| Deputy Manager (Systems)– Project Management & Delivery | MMGS-II | Rs. 25.75 lacs |
| Deputy Manager (Systems)– Infra Support & Cloud Operations | ||
| Deputy Manager (Systems) – Networking Operations | ||
| Deputy Manager (Systems) – IT Architect | ||
| Deputy Manager (Systems) – Information Security | ||
| Assistant Manager (System) | JMGS-I | Rs. 18.67 lacs |
Along with the Salary, SBI SOs get a good amount of perks and allowances that attract most aspirants towards its recruitment drives. These facilities make the SBI SO Exam more competitive, and the SBI SO position is in demand by aspirants from various categories of fields like IT engineers, Managers, Operations, and other Field experts. The Perks and Allowances of the SBI SOs are listed below.
The Aspirants who are selected for the SBI SO position must have information about the job responsibilities in this role. The job profile of SOs is classified in various categories such as IT, Operations, Managerial roles in finance, and banking. In which the most common SBI SO Job Profile has been discussed here in this section.
The salary for an SBI (State Bank of India) System Engineer varies based on experience, location, and other factors. Here’s an approximate salary range:
The salary of a Relationship Manager (RM) in State Bank of India (SBI) varies based on experience, location, and the specific role (e.g., Personal Banking RM, Corporate RM, or NRM). Here’s an approximate salary structure:
The Chief Manager (CM) at State Bank of India (SBI) is a Scale-IV officer position. The salary structure for an SBI Chief Manager (as per the latest wage settlement) is as follows:
| Component | Amount (₹ per month) |
|---|---|
| Basic Pay | ₹76,010 – ₹89,890 (increments based on seniority) |
| Dearness Allowance (DA) (~46.9% of basic pay) | ~₹35,650 – ₹42,170 |
| Special Allowance (16.4% of basic pay) | ~₹12,470 – ₹14,740 |
| Housing Rent Allowance (HRA) (depends on city) | 7%-9% of basic pay (~₹5,320 – ₹8,090) |
| Other Benefits (Medical, Leave Travel, etc.) | Varies |
The salary of an SBI SO is mentioned in the above article.
The SBI SO Job Profile is mentioned in this article. Please read to know more.
Yes, because of the salary structure, perks and allowances, and job security, growth insights the SBI SO offers a good working environment overall.
There are many categories in SBI SO, such as IT, Finance, Networking, Business Management, etc.
Also Read: SBI SO Syllabus 2025
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