The vacancy of SBI PO (Probationary Officer) comes out every year. In such a situation, many students prepare for a bank job. Everyone wants to get a job in the bank so that they can get a better salary. Most of the people are eager to know about SBI Bank PO Salary. Because in banking job it is a premium job and PO promotion is for every post.
That’s why we thought why not tell about it in a little detail so that you can get all the information that what is the salary of SBI bank PO? And how many more facilities are available from the State Bank, which are available only to the certification officer. If you are preparing for a bank job then this information can be important for you because here you will get information about SBI PO Salary to Latest Salary Structure.
There are many students who pass the PO exam and other Governments exam. In such a situation, they want to know how much is SBI PO in Hand Salary so that they can decide which job will be right for them and where should join. So this post will give you an idea about SBI PO Job that will help you in deciding which job would be better.
SBI PO Job: SBI Bank PO Salary
The full form of PO is Probationary Officer and it is also called Certification Officer, this is an important job in the banking sector. As the officer is attached in its name itself. So in such a situation, you can understand that if you become a PO, then it is an officer category job in the banking sector. In such a situation, all of you must be thinking about its salary and facilities available.
If you are thinking that after PO you can get a promotion for which post in the bank? So you will be surprised to know about this because Probationary officers can be promoted to any big post of the bank. It is decided that with working experience, education and problem-solving skills, then you can become a manager and also the chairman of the bank.
Here there is some Banking Job post on which PO is promoted.
- Assistant Manager
- Deputy Manager
- Bank Branch Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Deputy Managing Director
- Managing Director
Also Read: What is NDRF?
What is SBI Bank PO Salary?
It is very important to have information about payscale and salary structure to know how much salary people get who are doing PO jobs in SBI bank. There will be two benefits from this, first, you will be aware that how much you are getting in hand salary and how much is going to PF and other places. along with this, you will get information about Basic Salary and Combined Salary.
Many times such questions are also asked in banking exams. In such a situation, you should keep information about all these.
Structure of the SBI Bank PO Salary
Here is the complete structure of the SBI Bank PO Salary. Which is transferred every month to the account of the person doing the job.
|SBI PO Salary in India- Basic Pay||
Rs 27620/- (increment in 4 stages) 1st increment- Rs. 23700-980/7 Second Increment-Rs. 30560-1145/2 3rd Increment – Rs. 32850-1310/7 4th increment- Rs. 42020
|dearness allowance||46.9% of Basic Pay|
|City Compensatory Allowance (CCA)||3% or 4% (depending on the place of posting)|
|rented accommodation||Minimum- Rs.8000/- (Rural) Maximum- Rs.29500/- (Urban)|
|medical insurance||100% for employees 75% for families|
|Travel allowance||Reimbursement for AC-2 Tier (exclusively for official travel)|
|petrol||Rs.1100-1300 (in case of absence of private vehicle)|
|Total Compensation (Annual)||Reimbursement for AC-2 Tier (exclusively for official travel)|
In this way, the SBI PO salary has been divided and the salary package that is formed by combining all these facilities comes directly in the bank account. Overall, SBI PO Salary is Rs 42,000 every month, which they get in hand. Along with this, the bank gives many more facilities, which gives the same benefit as the salary is received every month.
There are some facilities here which are available to the PO working in State Bank and if you also get a job, then you also get all these facilities here.
The biggest benefit is that all those who work in the bank get medical insurance from the bank. The person who is doing the job gets medical facility up to 100%, with this his family members get the medical facility up to 75%. If seen, then medical insurance of 2 to 5 lakh rupees is available for a year.
Travel allowance is available every month, which comes with the salary and if you have a car, then you get separate money for it for petrol, so it is also a benefit of the employee in a way that they have to drive by car. Get money for it too. In such a situation, many bank managers also hire other’s cars because they get money from the bank for this.
Friends, here we have discussed how much is SBI Bank PO Salary and also we got information about In-hand Salary. Hope you liked this information if you have any question or suggestion related to banking job or salary. So definitely give information about it in the comment and if you want to do a job in any bank then which bank will be best for you?