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Old 17th November 2016, 08:48 AM
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Default SBI PO Take Home Salary

I want to know the home salary of State Bank of India SBI Probationary Officer PO so can you tell me?
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Old 17th November 2016, 09:56 AM
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Join Date: Mar 2013
Default Re: SBI PO Take Home Salary

State Bank of India SBI Probationary Officer SBI PO will get Rs.27,620 of basic pay with 4 advance increment.

SBI PO salary scale 2016 -

Rs.23700-980/7-30560-1145/2-32850-1310/7-42020.

SBI PO will get Rs.27,620 of basic pay in salary that too with 4 advance increment.

Other benefits of Salary per month :-

Dearness Allowance :- Revised DA of 2015-16 is 46 % of Basic Pay

CCA :- CCA is City Compensatory Allowance which can be very from 4% to 3% to 0%. It is very from city to city where you get placed

Special Allowance :- 7.75% of Basic Pay

HRA :- HRA is again depends on the city you placed but it can be 9% to 8% 7%

Traveling allowance :- Fixed Travel allowance

Accommodation :- As per the rules, officer will get Rs.8000-29,500 for HRA

Medical Aid :- 100% for self and 75% for family

Provident Fund :- -10% of basic pay

NPS:- 10% of Gross Salary.

SBI PO On hand salary per month

Basic Pay :- Rs.27,620
DA :- 12,705/-
Special Allowance :- Rs.2140/-
CCA :- Rs.900/-
HRA :- Rs.8000/-
Medical Aid :- Unlimited
Other Allowance (Entertainment, Newspaper, Petrol, Telephone, other) :- Rs.4500/-

Total On hand Salary Per month :- Rs. 62000/- per month (approx)

Salary includes HRA and CCA which can be very from city to city (as per the rules you can get HRA up to rs.30k) too.

The total compensation per annum would be a minimum of Rs.7.55 lacs and maximum of Rs.12.93 lacs depending on place of posting and other factors.

So, SBI PO candidates can get Rs.60000 to Rs.1 Lac per month of salary.
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