SBI PO Salary 2020: Check Salary Structure, Pay Scale, Allowances & Benefits

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 Manager

  • Deputy Manager

  • Manager

  • Chief Manager

  • Assistant General Manager

  • Deputy General Manager

  • General Manager

  • Chief General Manager

  • Deputy Managing Director

  • Managing Director

  • Chairman

SBI PO Salary Slip

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