SBI PO Job Profile
- It is essential to understand what kind of tasks one might have to undertake after getting selected as a probationary officer in SBI.
- The candidates after selection undergo a probation period of 2 years.
- Candidates undergo training in this period to understand the various aspects of banking procedures in a practical way.
SBI PO Salary
One of the most asked questions among students is the in-hand salary that they would receive as a probationary officer in SBI. The basic grade pay is Rs. 27620/- which is accompanied by 4 increments. Apart from this, the salary component involves other Allowances which is as follows. For more details, you can check the SBI PO Salary.
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SBI PO Basic Pay
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Rs.27,620/- (with 4 advance increments)
(in the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020)
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Dearness Allowance
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This is revised every quarter and is calculated based on CPI (Consumer Price Index). Currently, DA is 46.9% of the basic pay.
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City Compensatory Allowance (CCA)
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This varies with the place of posting at 4% or 3%.
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Leased House Accommodation
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SBI PO may take a house on lease, the amount of which varies with posting between a minimum of. Rs. 8000/- (in rural areas) and a maximum of Rs. 29500/- (in Mumbai).
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Furniture Allowance
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Rs. 120000/- for the purchase of furniture
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Medical Insurance
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100% medical coverage for SBI employees and 75% for their family members
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Travelling Allowance
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For official travels, reimbursement of AC 2-tier fare is provided
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Petrol
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50Lts (For 2 wheelers) Or 55Lts (For 4 Wheeler) Or Approx. Rs. 1100-1250 if you don't have 2/4 wheeler (conveyance allowance).
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Promotion and Career Growth
The career growth of an SBI PO is mentioned below-
- Probationary Officer (Assistant Manager, JMGS - I)
- Deputy Manager (MMGS)
- Manager (MMGS)
- Chief Manager (MMGS)
- Assistant General Manager (SMGS)
- Deputy General Manager (TEGS)
- Chief General Manager (TEGS)
- General Manager (TEGS)
