SBI PO Salary 2021
Sign Up on PracticeMock for Free Tests, General Awareness, Current Affairs, Exam Notifications and Updates

SBI PO Salary 2021: Becoming an SBI Probationary officer is a dream of many graduates all over India. It is one of those generic banking jobs which offers excellent career growth along with a handsome in-hand salary from the very first month of joining.  

Blog Christmas Sale 2024

SBI PO Exam/Job Overview 

CATEGORY:  SBI PO  
JOB PROFILE  Public Dealing  
POSTING  Urban/Rural  
PROMOTIONS  Frequent  
TRANSFER  Frequent  
EXAMINATION TYPE  Online: Prelims + Main  
BOND  3 Years   
SBI_PO_Free Mock

SBI PO Salary 2021 Structure 

SBI this year has made changes in the yearly increments in the pay scale which are fixed for several years.

SBI PO year-wise Increment 
PeriodIncrementBasic Salary
First 7 yearsRs. 1490/-Rs. 36,000/-
Next 2 yearsRs. 1740/-Rs. 46,430/-
Another 7 yearsRs. 1990/-Rs. 63,840/-
SBI PO Salary Slip 2021
SBI PO Salary Slip 2021
SBI_PO_Free Mock

Net Salary Calculation

Salary DetailsAmount
PF Contribution4196
PF’s Arrears1434
Professional Tax300
Contributory Pension Fund 5,371
Total Deductions11,301
Net Salary62,392

SBI PO Career Growth 

There is no doubt about SBI’s track record of offering exciting promotions and opportunities. And if you really put the efforts in the right direction, you can also land senior management posts at head offices. Arundhati Bhattacharya, Ex-SBI Chairman joined SBI as a probationary officer in 1977. This clearly shows that SBI is an organization full of healthy opportunities if you are willing to grab them with the right mindset. 

Can an SBI PO one day become a Chairman of SBI? 

  1. Deputy Manager 
  1. Manager 
  1. Chief Manager 
  1. Assistant General Manager 
  1. Deputy General Manager 
  1. General Manager 
  1. Chief General Manager 
SBI_PO_Free Mock

Eligibility Criteria for SBI PO 2021 

Educational Qualification    Graduation or any equivalent degree    
Age limit    21 to 30 years    
Age Relaxation    SC/ST- 5 years OBC (NCL)- 3 years    
The number of attempts:    UR/EWS –4 OBC- 7 SC/ST – No Limit    

SBI PO Previous Year Exam Analysis 

Benefits-of-PM-Mock-Tests-1
SBI_PO_Free Mock

FAQs 

What is the in-hand salary of SBI PO? 

In-hand salary – 42,000-44,000 (But including everything and if you crack the JIIB exam after you join as a PO, your annual package can range from 8.00 LPA – 13.00 LPA. 

What benefits are provided apart from the SBI PO salary? 

Some of the key benefits provided to an SBI PO at SBI: 

  • House Rent Allowance 
  • Medical Allowance 
  • Travel Allowance 
  • Furniture Allowance 
  • Loan Benefits 
  • Dearness Allowance 

What is the basic pay for SBI PO? 

Rs.27,620/- (basic pay) which is followed by four increments. Official pay scale – 23700-980/7 -30560-1145/2 – 32850-1310/7- 42020. 

What is HRA in SBI PO salary? 

House rent allowance is provided as per the city at which the employee gets posted. Due to frequent transfers, SBI makes it a priority to ensure HRA for its SBI PO level employees. 

English Quizzes for SBI PO Prelims 2021 with Tips & Tricks 

SBI_PO_Free Mock

You can also find daily SBI PO 2021 updates posted on our official Instagram handle as well.          

You might want to subscribe to our push notifications for such daily valuable articles.          

Still, have some doubts about what we discussed in this blog? Then, leave your queries in the comment section below. We will surely respond to them. 

    Free Mock Tests for the Upcoming Exams



Leave a Reply

Your email address will not be published. Required fields are marked *