SBI PO Salary Structure
The beginning salary, basic pay of SBI PO is Rs 27620.
With four advance increments in the compensation size of 23700-980 (7) – 30560 – 1145 (2) – 32850 – 1310 (7) – 42020.
This means the PO will get a basic of Rs 23700 with an increment of Rs 980 for the next 7 years, followed by a basic of Rs 30560 with an annual increment of Rs 1145 for the next two years and so on.
The maximum basic salary will be Rs 42020.
SBI PO In Hand Salary
Approximately, a total of Rs 40000 to 42000 salary is the monthly in-hand salary of SBI PO.
SBI PO Annual Package
The total compensation per annum for SBI PO would be a minimum of 8.20 Lakhs and a maximum of 13.08 Lakhs depending on the place of posting and other factors.
SBI PO Salary & Perks Offered
|SBI PO Basic Pay 2020||Rs.27,620/-(with 4 advance increments) (in the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020)|
|Dearness Allowance:||46.9% of the Basic Pay|
|City Compensatory Allowance(CCA)||3% - 4% depending on location|
|Leased House Accommodation||7% - 9% depending on Place of Posting|
|Furniture Allowance||INR 1,20,000|
|Medical Insurance||100% covered for employee | 75% covered for dependent family|
|Travelling Allowance||For official travels, reimbursement of AC 2-tier fair is provided|
|Petrol Allowance||INR 1,100 - 1250|
|Newspaper Allowance, Entertainment Allowance, Books Allowance, etc:||4000/-approx|
SBI PO Career Growth & Promotion
The promotion positions are as follows:
Assistant General Manager
Deputy General Manager
Chief General Manager
Deputy Managing Director