SBI PO Salary Information
Basic Pay Rs.43,450.
Tutti Allowance Rs.13,397.
Location Allowance Rs.700.
Learning Allowance Rs.600.
Special Allowances Rs.7,125.
Total Salary Rs.65,273.
There will be following deductions in gross pay.
Employee PF Contribution Rs.4,345.
Professional Tax Rs.200.
House Rent Recovery Rs.113.
Union Association Membership Rs.200.
Others Rs.200.
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The total salary will be Rs.65,273 after deducting the above deductions and the remaining salary will go to the employee. If the employee is paying any other loans, they will also be deducted.
Probationary Officers of State Bank of India can earn a salary of Rs.50,000 – 52,000 per month after deducting the overall general deductions. Deductions are usually up to Rs 12,000 per month.
The basic pay for SBI PO post is Rs.36,000 for the first 7 years. The basic pay for the next two years will be Rs.46,430. After 7 years basic pay will be Rs.63,840.
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Bereavement Allowance is 26% on Basic Pay. City Compensatory Allowance is 3-4%. The house rent allowance is 7-9 percent. Furniture allowance up to Rs.1,20,000 is given.
Medical facility will cover 100 percent for staff and 75 percent for dependent family members. Petrol allowance is Rs.1000-1300. Apart from this, there will be newspaper allowance, entertainment allowance, book allowance, other allowances on cadre basis.
What are the Educational Qualifications for SBI PO Posts?
Any graduate (BA, BCom, BBA, BCA, BCom, BSc, B.Tech, BE, Others) can apply for this post. It is mandatory to have obtained this degree from a recognized university, institution.
The recruitment process / examination for the post of SBI Probationary Officer can be read below.
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