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Re: Salary of SBI PO in Bhubaneswar
SBI (State Bank of India) is not only the biggest bank in India; it is also the bank which pays the highest salary when it comes to a Probationary Officer. There are several perks associated with working with the biggest bank of India SBI. SBI PO Salary Pay Scale Starting basic pay is Rs. 27,620/- (with 4 advance increments) in the scale of Rs.23700-980/7- 30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I. One is eligible for D.A, H.R.A/Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time. The total compensation per annum on CTC basis would be a minimum of Rs. 7.93 lacs and maximum of Rs 12.95 lacs depending on the place of posting and other factors. SBI PO Salary Earnings Basic Salary = Rs. 27620 Dearness Allowance = Rs. 12677 City Compensatory Allowance (CCA) = Rs. 870 Special Allowance = Rs. 2140 Total Earning Before Deductions = Rs. 43307 SBI PO Salary Deductions PF (10% of Basic) = Rs. 2,762 NPS (10% of Basic+DA) = Rs. 4,000 Income Tax = As per govt norms. Other allowances including Newspapers, Entertainment allowance, Conveyance etc. = Rs. 4,130 HRA = Rs. 2,486 SBI PO Salary Benefits Apart from it remuneration are also entitled to the following benefits: Leased accommodation ranging from Rs 8,000 in C Category centres to Rs 29, 500 in Metros Medical insurance for self is 100 % and for family is 75% Home Travel Concession/ Leave Fare Concession. Concessional interest rates for Housing/Car/Personal Loans |
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