SBI SALARY

Описание: The salary of an SBI PO (State Bank of India Probationary Officer) is a major draw for banking aspirants, which is why every year, thousands of candidates compete for this job opportunity. With the annual release of SBI PO vacancies and a salary package that is higher than that of other nationalized banks, competition for this position is fierce. This year, SBI PO Salary has been increased and the revised salary structure has been discussed in the article. Also check job profile, career growth opportunities, allowances, and promotion prospects for an SBI PO.

SBI PO Salary 2025
The increased SBI PO salary is one of the major reasons for candidates to get into the banking domain apart from security, lucrative perks, and allowances. The initial basic salary offered to an SBI Probationary Officer is Rs. 48,480 (with 4 advanced increments). As per the revised Bipartite Settlement With four advance increments the compensation size of a Probationary Officer is 48480-2000/7-62480-2340/2-67160-2680/7-85920. This means the PO will get a basic of Rs. 48480 with an increment of Rs. 2000 for the next 7 years, followed by a basic of Rs. 62480 with an annual increment of Rs. 2340 for the next two years and so on. The maximum basic salary for the probationary officer in SBI bank can be Rs. 85920.

SBI PO Salary Structure
The initial in-hand salary of an SBI Probationary Officer (PO) is approximately Rs. 84000 to 85000. The below Salary Structure has been prepared as per the revised SBI PO Salary, the candidates who are dreaming of the job opportunity of SBI Probationary Officer must be aware of the increased Salary of SBI PO.

SBI PO Salary Structure in India
Parameters Amount (INR)
Basic Pay Rs. 48,480 (+ 4 advanced increments)
Special Allowance (SA) Rs. 14,967
House Rent Allowance (HRA) Rs. 5648
Dearness Allowance (DA) Rs. 14,336
City Compensatory Allowance Rs. 2,300
Learning Allowance Rs. 850
Gross Salary Rs. 94,581
Deduction (PF/Income Tax/Professional Tax/Pension) Rs. 9,617
Net Salary Rs. 84,964
SBI PO Salary Deduction
From the Gross Salary of SBI PO i.e. Rs. 84,964 the following monthly deductions will be done after which the officers get the in-hand SBI PO Bank salary of Rs. 85000 (approximately). Check the SBI PO Salary Deduction as detailed below.

SBI PO Salary Deduction
Particulars Amount
Employee PF Contribution Rs. 5,648/-
Professional Tax Rs. 200/-
Income Tax Rs. 3,769/-
Total Deductions Rs. 9,617/-
SBI PO In-Hand Salary
The initial in-hand salary of SBI PO ranges between Rs. 84000 to 85000 per month with the basic pay of Rs. 48,480/-. The Gross compensation received at Mumbai Centre is 18.67 lacs. The SBI Probationary Officers are eligible for Lease Rental/ HRA, DA, Medical, CCA and other allowances besides basic pay. The amount varies with the location of the job posting.

SBI PO Salary Increment
The SBI POs will be awarded a yearly increment which is fixed for a particular period. Check the below table to learn about the SBI PO Increment cycle.

SBI PO year-wise Increment
Period Increment Basic Salary
First 4 increments - Rs. 48,480/-
First 7 years Rs. 2000/- Rs. 62,480/-
Next 2 years Rs. 2340/- Rs. 67,160/-
Another 7 years Rs. 2680/- Rs. 85920
SBI PO Allowances
The salary includes several allowances that contribute to the total sum. These are some standard allowances that a Probationary officer in SBI gets along with the basic amount. These include:

SBI PO Salary Allowances
Allowance Amount
Dearness Allowance 19.83% of the Basic Pay
City Compensatory Allowance 3–4% depending on location
House Rent Allowance 7–9% depending on Place of Posting
Furniture Allowance Rs. 1,20,000
Medical Insurance 100% covered for employee | 75% covered for dependent family
Travelling Allowance AC 2-tier fare is reimbursed to the employee for official travels
Petrol Allowance Rs. 1,100 – 1,250
Newspaper Allowance, Entertainment Allowance, Books Allowance, etc. Varies based on Cadre
SBI PO Perks
Along with the handsome and lucrative in-hand salary, SBI PO also enjoys various perks & benefits which have been listed below:

1. Contribution Pension Scheme/New Pension Scheme.

2. Medical Aid for self (100%) and for family (75%).

3. LTC.

4. Home Travel Concession/ Leave Fare Concession.

5. Concessional interest rates for Housing/Car/Personal Loans.