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Old January 15th, 2018, 01:45 PM
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Join Date: Dec 2011
Default Re: SBI PO Officer Salary

No need to worry I will let you know State Bank of India, PO officer pay scale and benefits fixed by bank, so that it would be easy for you to have idea.

Tentative pay scale
Basic Salary = Rs. 27620
Dearness Allowance = Rs. 12677
City Compensatory Allowance (CCA) = Rs. 870
Special Allowance = Rs. 2140
Total Earning Before Deductions = Rs. 43307

Deductions
PF (10% of Basic) = Rs. 2,762
NPS (10% of Basic+DA) = Rs. 4,000
Income Tax = As per govt norms.
Other allowances including Newspapers, Entertainment allowance, Conveyance etc = Rs. 4,130
HRA = Rs. 2,486

Benefits
Leased accommodation ranging from Rs 8,000/- in ā€˜Cā€™ category Centres to Rs.29,500/- in Mumbai Centre.
Medical Aid for Self (100%) and for Family (75%).
Home Travel Concession/ Leave Fare Concession.
Concessional interest rates for Housing/Car/Personal Loans

PO Career growth and promotion
Promotions in SBI follow the undermentioned path -

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)
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