{"id":7598,"date":"2021-10-05T15:11:00","date_gmt":"2021-10-05T09:41:00","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=7598"},"modified":"2023-11-15T13:33:57","modified_gmt":"2023-11-15T08:03:57","slug":"sbi-po-salary-2021","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/sbi-po-salary-2021\/","title":{"rendered":"SBI PO Salary 2021 Revised: Perks &amp; Career Growth"},"content":{"rendered":"\n<p>SBI PO Salary 2021: Becoming an <a href=\"https:\/\/www.practicemock.com\/exams\/banking\/sbi-po\/?refcode=2636&amp;utm_source=Blog_SBI+PO+Salary+2021%3A+Perks+%26+Career+Growth_020921_SBIPM&amp;utm_medium=Link&amp;utm_campaign=SBIPM\">SBI Probationary officer<\/a> is a dream of many graduates all over India. It is one of those generic banking jobs which offers excellent career&nbsp;growth&nbsp;along with a handsome in-hand salary from the very first month of joining.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SBI PO Exam\/Job Overview&nbsp;<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>CATEGORY:&nbsp;&nbsp;<\/td><td>SBI PO&nbsp;&nbsp;<\/td><\/tr><tr><td>JOB PROFILE&nbsp;&nbsp;<\/td><td>Public Dealing&nbsp;&nbsp;<\/td><\/tr><tr><td>POSTING&nbsp;&nbsp;<\/td><td>Urban\/Rural&nbsp;&nbsp;<\/td><\/tr><tr><td>PROMOTIONS&nbsp;&nbsp;<\/td><td>Frequent&nbsp;&nbsp;<\/td><\/tr><tr><td>TRANSFER&nbsp;&nbsp;<\/td><td>Frequent&nbsp;&nbsp;<\/td><\/tr><tr><td>EXAMINATION TYPE&nbsp;&nbsp;<\/td><td>Online: Prelims + Main&nbsp;&nbsp;<\/td><\/tr><tr><td>BOND&nbsp;&nbsp;<\/td><td>3 Years&nbsp;&nbsp;&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/sbi-po\/?refcode=2636&amp;utm_source=Blog_SBI+PO+Salary+2021%3A+Perks+%26+Career+Growth_020921_SBIPM&amp;utm_medium=Link&amp;utm_campaign=SBIPM\"><img decoding=\"async\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/09\/SBI_PO_270821-1024x128.jpg\" alt=\"SBI_PO_Free Mock\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">SBI PO Salary 2021 Structure&nbsp;<\/h2>\n\n\n\n<p>SBI this year has made changes in the yearly increments in the pay scale which are fixed for several years. <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>SBI PO year-wise Increment&nbsp;<\/strong><\/td><\/tr><tr><td><strong>Period<\/strong><\/td><td><strong>Increment<\/strong><\/td><td><strong>Basic Salary<\/strong><\/td><\/tr><tr><td>First 7 years<\/td><td>Rs. 1490\/-<\/td><td>Rs. 36,000\/-<\/td><\/tr><tr><td>Next 2 years<\/td><td>Rs. 1740\/-<\/td><td>Rs. 46,430\/-<\/td><\/tr><tr><td>Another 7 years<\/td><td>Rs. 1990\/-<\/td><td>Rs. 63,840\/-<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"739\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/10\/Screenshot-2021-10-14-at-11.15.39-PM-1.png\" alt=\"SBI PO Salary Slip 2021\" class=\"wp-image-9670\"\/><figcaption class=\"wp-element-caption\">SBI PO Salary Slip 2021<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/sbi-po\/?refcode=2636&amp;utm_source=Blog_SBI+PO+Salary+2021%3A+Perks+%26+Career+Growth_020921_SBIPM&amp;utm_medium=Link&amp;utm_campaign=SBIPM\"><img decoding=\"async\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/09\/SBI_PO_270821-1024x128.jpg\" alt=\"SBI_PO_Free Mock\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Net Salary Calculation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Salary Details<\/th><th>Amount<\/th><\/tr><tr><td>PF Contribution<\/td><td>4196<\/td><\/tr><tr><td>PF\u2019s Arrears<\/td><td>1434<\/td><\/tr><tr><td>Professional Tax<\/td><td>300<\/td><\/tr><tr><td>Contributory Pension Fund&nbsp;<\/td><td>5,371<\/td><\/tr><tr><td>Total Deductions<\/td><td>11,301<\/td><\/tr><tr><td>Net Salary<\/td><td>62,392<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">SBI PO Career Growth&nbsp;<\/h2>\n\n\n\n<p>There is no doubt about SBI\u2019s 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.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/blog\/sbi-po\/can-an-sbi-po-become-a-chairman-of-sbi\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Can an SBI PO one day become a Chairman of SBI?<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Deputy Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\">\n<li>Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"3\">\n<li>Chief Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"4\">\n<li>Assistant General Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"5\">\n<li>Deputy General Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"6\">\n<li>General Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"7\">\n<li>Chief General Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/sbi-po\/?refcode=2636&amp;utm_source=Blog_SBI+PO+Salary+2021%3A+Perks+%26+Career+Growth_020921_SBIPM&amp;utm_medium=Link&amp;utm_campaign=SBIPM\"><img decoding=\"async\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/09\/SBI_PO_270821-1024x128.jpg\" alt=\"SBI_PO_Free Mock\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Eligibility Criteria for SBI PO 2021&nbsp;<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Educational Qualification&nbsp;&nbsp;&nbsp;&nbsp;<\/td><td>Graduation or any equivalent degree&nbsp;&nbsp;&nbsp;&nbsp;<\/td><\/tr><tr><td>Age limit&nbsp;&nbsp;&nbsp;&nbsp;<\/td><td>21 to 30 years&nbsp;&nbsp;&nbsp;&nbsp;<\/td><\/tr><tr><td>Age Relaxation&nbsp;&nbsp;&nbsp;&nbsp;<\/td><td>SC\/ST- 5 years OBC (NCL)- 3 years&nbsp;&nbsp;&nbsp;&nbsp;<\/td><\/tr><tr><td>The number of attempts:&nbsp;&nbsp;&nbsp;&nbsp;<\/td><td>UR\/EWS \u20134 OBC- 7 SC\/ST \u2013 No Limit&nbsp;&nbsp;&nbsp;&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/blog\/sbi-po\/sbi-po-previous-year-exam-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SBI PO Previous Year Exam Analysis<\/strong><\/a>&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/08\/Benefits-of-PM-Mock-Tests-1-1024x1024.jpg\" alt=\"Benefits-of-PM-Mock-Tests-1\" class=\"wp-image-7303\" style=\"width:552px;height:552px\" width=\"552\" height=\"552\"\/><\/figure><\/div>\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/sbi-po\/?refcode=2636&amp;utm_source=Blog_SBI+PO+Salary+2021%3A+Perks+%26+Career+Growth_020921_SBIPM&amp;utm_medium=Link&amp;utm_campaign=SBIPM\"><img decoding=\"async\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/09\/SBI_PO_270821-1024x128.jpg\" alt=\"SBI_PO_Free Mock\" class=\"wp-image-7629\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What is the in-hand salary of SBI PO?&nbsp;<\/strong><\/h3>\n\n\n\n<p>In-hand salary \u2013 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 \u2013 13.00 LPA.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What benefits are provided apart from the SBI PO salary?&nbsp;<\/h3>\n\n\n\n<p>Some of the key&nbsp;benefits&nbsp;provided&nbsp;to an SBI PO at SBI:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>House Rent Allowance&nbsp;<\/li>\n\n\n\n<li>Medical Allowance&nbsp;<\/li>\n\n\n\n<li>Travel Allowance&nbsp;<\/li>\n\n\n\n<li>Furniture Allowance&nbsp;<\/li>\n\n\n\n<li>Loan Benefits&nbsp;<\/li>\n\n\n\n<li>Dearness Allowance&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">What is the basic pay for SBI PO?&nbsp;<\/h3>\n\n\n\n<p>Rs.27,620\/- (basic pay) which is followed by four increments. Official pay scale &#8211;&nbsp;23700-980\/7 -30560-1145\/2 &#8211; 32850-1310\/7-&nbsp;42020.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What is HRA in SBI PO salary?&nbsp;<\/h3>\n\n\n\n<p>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.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/blog\/sbi-po\/english-quizzes-for-sbi-po-prelims-2021-with-tips-tricks\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>English Quizzes for SBI PO Prelims 2021 with Tips &amp; Tricks<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/sbi-po\/?refcode=2636&amp;utm_source=Blog_SBI+PO+Salary+2021%3A+Perks+%26+Career+Growth_020921_SBIPM&amp;utm_medium=Link&amp;utm_campaign=SBIPM\"><img decoding=\"async\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/09\/SBI_PO_270821-1024x128.jpg\" alt=\"SBI_PO_Free Mock\"\/><\/a><\/figure>\n\n\n\n<p>You can also find daily SBI PO 2021 updates posted on our official&nbsp;<a href=\"https:\/\/instagram.com\/practicemock?utm_medium=copy_link\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram handle&nbsp;<\/a>as well.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>You might want to subscribe to our push notifications for such daily valuable articles.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>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.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI PO Salary 2021 is what every aspirant talks about as they see it as one of the most promising jobs and Bank PO as a career option.<\/p>\n","protected":false},"author":5,"featured_media":9636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[49],"tags":[427,230,982],"class_list":["post-7598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sbi-po","tag-sbi-po-2021","tag-sbi-po-exam-preparation","tag-sbi-po-salary-2021"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SBI PO Salary 2021 Revised: Perks &amp; 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