SBI PO Salary, Job Profile and Promotion and Career Growth

SBI PO Salary, Job Profile and Promotion and Career Growth

SBI PO Recruitment 2021 – Salary, Job Profile and Promotion and Career Growth

The most awaited SBI PO 2021 Recruitment Notification released officially. State Bank of India (SBI) has rolled out the official notification for the recruitment of Probationary Officers (PO) on its official site. There are a total of 2000+ vacancies for the PO post in the State Bank of India has been released under SBI PO 2021 Recruitment. The SBI PO Notification 2021 contains all important details such as the exam date, eligibility criteria; apply online details, salary, exam pattern, selection process, syllabus and more. The selection criteria are derived in 3 different stages which are preliminary examination, Mains examination, and interview. Candidates selected after the interview round for the post of probationary officers are liable to be posted anywhere in India.

SBI PO Salary- One of the most asked questions among students is the in-hand salary that they would receive as a Probationary Officer in SBI. The basic grade pay is ₹ 27620/- which is accompanied by 4 increments. Apart from this, the salary component involves other Allowances which is as follows.

SBI PO Basic Pay

₹ 41,960/- (with 4 advance increments)
(in the scale of 36000-1490/7-46430-1740/2-49910-1990/7-63840)

Dearness Allowance

This is revised every quarter and is calculated based on CPI (Consumer Price Index). Currently, DA is 46.9% of the basic pay.

City Compensatory Allowance (CCA)

This varies with the place of posting at 4% or 3%.

Leased House Accommodation

SBI PO may take a house on lease, the amount of which varies with posting between a minimum of. ₹ 8000/- (in rural areas) and a maximum of ₹ 29500/- (in Mumbai).

Furniture Allowance

₹ 120000/- for the purchase of furniture

Medical Insurance

100% medical coverage for SBI employees and 75% for their family members

Travelling Allowance

For official travels, reimbursement of AC 2-tier fare is provided

Petrol

50 Lts (For 2 wheelers) Or 55 Lts (For 4 Wheeler) Or Approx. ₹ 1100-1250, if you don't have a 2/4 wheeler (conveyance allowance).

SBI PO Job Profile 2021

  • It is essential to understand what kind of tasks one might undertake after being selected as a Probationary Officer in SBI.
  • The candidates after selection undergo a probation period of 2 years.
  • Candidates undergo a training period to understand the various aspects of banking procedures in a practical way.

Promotion and Career Growth

The career growth of an SBI PO is as follows-

  • 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)

 

SBI PO Recruitment 2021 Important Links
SBI PO Official Notification 2021 Click Here
SBI PO Exam Dates 2021 Click Here
SBI PO Apply Online 2021 Click Here
SBI PO Documents Required 2021 Click Here
SBI PO Total Vacancy 2021 Click Here
SBI PO Application Fee 2021 Click Here
SBI PO Eligibility Criteria 2021 Click Here
SBI PO Number of Attempts Click Here
SBI PO Salary & Job Profile 2021 Click Here
SBI PO Promotion and Career Growth Click Here
SBI PO Selection Procedure 2021 Click Here
SBI PO Exam Pattern 2021 Click Here
SBI PO Exam Syllabus 2021 Click Here
SBI PO Previous Year Cut Off Click Here
SBI PO Preparation Tips Click Here
SBI PO Previous Year Question Papers Click Here
SBI PO Online Mock Test Click Here
SBI PO Exam Analysis Click Here
SBI PO Admit Card Click Here
SBI PO Exam Centers Click Here
SBI PO Interview & Provisional Allotment Click Here

 

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