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Old 8th July 2015, 10:11 AM
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Default State Bank Of India Salary Revision

What is the salary of the Probationary Officer in the State Bank Of India, can you please tell me about this? Tell me about the pay scale of it? Provide me the Salary Chart for Revised and Existing Salary of the PO in the State Bank Of India?
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Old 8th April 2018, 03:02 PM
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Default Re: State Bank Of India Salary Revision

Hii sir, I Wants to get the Salary of the PO Post in the State Bank of India Will you Please Provide It ?
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Old 8th April 2018, 03:05 PM
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Default Re: State Bank Of India Salary Revision

State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.


Salary of the PO Post in the State Bank of India

The basic salary of SBI PO mentioned in Official Notification is Rs. 23700. But the SBI Probationary Officer gets 4 advance increments of Rs 980 which will be added to the basic. Now the basic that we get in total is Rs. 27620.

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

Deductions:

PF (10% of Basic) = Rs. 2762
NPS (10% of Basic+DA) = Rs. 4000
Income Tax = As per govt norms.

Other allowances including Newspapers, Entertainment allowance, Conveyance etc.) = Rs. 4130
HRA = Rs. 2486
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