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Old December 7th, 2016, 11:18 AM
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Join Date: Apr 2013

I want to build my career in banking line and for this decided to apply for the State Bank of India (SBI) Specialist Officer post. Can you tell what the In Hand Salary offered in SBI for Specialist Officer for different scale also provide me list of other benefits and allowances offered?

State Bank of India (SBI) along with its five Associate Banks: State Bank of Bikaner & Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT) offer Specialist Officer Vacancies

SBI Specialist Officer Salary Structure is different for Officer Scale I and Officer Scale II, which is as follows:

Officer Scale II:

Rs. 19400 - 700/1 - 20100 - 800/10 – 28100/-
For officer scale 2, minimum 2-3 years experience in the respective field depending on the post is desired.
SO salary structure means the basic pay will be Rs. 19700 for officer MMG Scale 2. It will get Rs.700 increment after 1 year so that it gets to be Rs. 20100. Then there will be Rs. 800 increment for 10 years

Officer Scale I:

Rs 14500 - 600/7 - 18700 - 700/2 - 20100 -800/7 – 25700/-
The approx. IBPS SO Salary Cash in hand of Officer Scale 1 after appointment will be around Rs. 24000-32000/-.

Salary, Perks & Lease House Facility:

SBI offers Rs. 8 Lac annual CTC for entry level position which is considered to be the best in industry. The perks include Dearness, Petrol, News Paper and Furniture allowances. This is inclusive of leased accommodation at Rs 20,000 per month in metros.
Medical Aid for self (100%) and for family (75%)
Home Travel Concession/Leave Fare Concession
Concession Interest Rates for Housing/Car/Personal Loans

Last edited by Aakashd; June 11th, 2019 at 04:40 PM.
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