SBI PO Salary 2020 Pay Scale Total Salary Job Profile

Check SBI PO Salary 2020 Pay Scale Check SBI PO Starting Salary and Increment Promotions Job Profile: SBI is the biggest bank in India. It has most no. of branches. It gives more salary to its employees as compared to any other bank in the nation. If you have any questions regarding SBI Probationary officer (PO) Salary, Pay Scale, Emoluments, Perks, Allowances etc. then here we have the answer.


SBI PO Salary 2020 for New Joining Candidates

What is the starting Salary of SBI PO in 2020
SBI had increased the basic pay and other allowances for Probationary officer posts over the years.
SBI PO Total Salary: Presently,
Total compensation per annum (Total Salary including all allowances and perks / benefits of whole year) is Minimum Rs. 8.20 lacs and Maximum: Rs. 13.08 lacs. This compensation depends on place where the posting is given and other factors. This includes all the allowances and benefits.

SBI PO Pay Scale

The starting basic pay is Rs. 27,620/-. This is with 4 advance increments. Appointed candidates is placed in the scale of Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I (JMGS-I). Candidate will be provided various allowances based on basic pay i.e. D.A, H.R.A/Lease rental, C.C.A, Medical and other allowances & perquisites as per rules. The rate of these allowances vary from time to time.
The salary increases as the basic pay and DA increases over the years.

SBI PO Job Profile

The selected probationary officers will be liable to serve anywhere in India. First the newly absorbed probationary officers probation period is of two years that consist of training. Near the end of probation/training period, there will be a screening process for placement in the higher grade i.e., Officer Middle Management Grade Scale-II. Those candidates who qualify in the test but fail to achieve the standards set for placement in MMGS-II, will be confirmed as Officer Junior Management Grade Scale-I.


SBI PO Joining, Training & Career Path
A online course is to be completed by the new candidate consisting of basic banking knowledge before joining. At the time of joining, Rs. 2 lac bond is to be executed by the candidate for serving the bank for minimum 3 years. Joining candidates will be placed as Probationary Officer with 2 years probation.
These are the details of SBI PO Salary / Pay Scale etc.
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