SBI PO Salary After 5 Years

SBI PO Salary After 5 Years: Many searches are made regarding the possible salary structure after completing the first five year at the State Bannk of India as an SBI PO. Here is the detailed analysis of what can your salary be post five year of service to the SBI.

SBI PO Salalary Structure – In the Beignning

SBI PO Salary 2021 Structure

SBI PO Salary structure in India
Gross Salary (Including everything)Rs 65, 780/-
Dearness Allowance 46.9% of the basic pay
City Compensatory Allowance (CCA) 3% or 4% (depending on the place of posting)
Leased House Accommodation Minimum- Rs 8000/-(Rural) Maximum- Rs 29500/-(Urban)
Medical Insurance 100% for employees 75% for families
Travelling Allowance Reimbursement for AC-2Tier (Exclusively for official travels)
Petrol Rs 1100-Rs 1300 (in case of absence of personal vehicle)
Miscellaneous Rs 4000/-
Total Compensation (Annually) 8 lakhs to 13.5 lakhs
Loan Benefits Concession on interest rates

Net Salary Calculation – In-hand monthly

Salary DetailsAmount
PF Contribution4196
Income Tax3290
Professional Tax200
Contributory Pension Fund 5,274
Total Deductions12,960
Net Salary52,820

SBI PO Salary After 5 Years

Now to calculate the salary after 5 years would be looking at the yearly increments offered by SBI.

The fixed yearly increment after five years would be Rs. 1490×5 =Rs. 7450. The basic pay would now be 36000 + 7450 = Rs. 43,450

SBI PO Salary Structure After 5 Years

SBI PO Salary structure in India
Basic Salary (excluding everything)Rs 43, 450/-
Dearness Allowance 46.9% of the basic pay
City Compensatory Allowance (CCA) 3% or 4% (depending on the place of posting)
Leased House Accommodation Minimum- Rs 8000/-(Rural) Maximum- Rs 29500/-(Urban)
Medical Insurance 100% for employees 75% for families
Travelling Allowance Reimbursement for AC-2Tier (Exclusively for official travels)
Petrol Rs 1100-Rs 1300 (in case of absence of personal vehicle)
Miscellaneous Rs 4000/-
Total Compensation (Annually) 10 lakhs – 15 lakhs (Higher-end figure can be achieve if you clear the internal exams such as JAIIB and CAIIB
Loan Benefits Concession on interest rates
However, this is just an estimate based on the present numbers, but any new changes in the compensation scale can affect this forecasted figure.

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. 

Vishwas Agarwal

Recent Posts

RBI Grade B Mains Result 2024 Out, Phase 2 Result PDF Link

RBI has released the RBI Grade B Mains Result 2024 on its official website. Find…

11 hours ago

SIDBI Grade A 2024 Study Plan for 22nd December 2024

Master the SIDBI Grade A exam with our Study Plan! Comprehensive strategies, mock tests &…

11 hours ago

The Hindu Editorial Vocabulary, Download Free PDF

Read The Hindu Editorial Vocabulary to know difficult words with its meanings. We provide monthly…

16 hours ago

ECGC PO 2024 Exam Date Out, Online Exam After 2 Days

Export Credit Guarantee Corporation of India Limited has released the ECGC PO 2024 admit card.…

16 hours ago

ECGC PO 2024 Free Preparation Resources, Get Free Resources

Explore the ECGC PO 2024 Free Preparation Resources to boost your preparation level. Read all…

16 hours ago

The Hindu Editorial Vocabulary 14th November 2024

Get the Hindu Editorial Vocabulary for 14th November & discover the toughest words and their…

16 hours ago