What is the salary of an SBI Bank PO Now-a-days?


State Bank of India appoints Probationary Officers for its respective branches all over India. It is one of the largest banks amongest the nationalized banks. Its promotion strategy and salary is very attractive which makes SBI PO as the most preferred post for the aspirants of bank exams. 

Let us discuss the salary package so that you know exactly what you will get after qualifying SBI PO EXAM 2018.

Salary Structure for SBI PO
SBI Probationary Officer is eligible for compensation of various types such as Provident Fund, Gratuity, Pension under New Pension Scheme (Defined Contribution Benefit Scheme), Medical, Leave fare and other facilities, according to the instructions of the Bank issued from time to time.
The breakup of SBI PO Salary structure is given below:
  1. SBI PO Basic Pay 27620/- (4 Increments also applicable)           
  2. Dearness Allowance (DA) 9% of the Basic Pay (Revised Quarterly)          
  3. (CCA) This varies with the place of posting at 4% or 3%.             
  4. HRA 9%, 8% or 7% (Depends on the place of posting)              
  5. Furniture Allowance 120000/-      
  6. Medical Insurance 100% medical coverage for SBI employees and 75% for their family members    
  7. Travelling Allowance For official travels, reimbursement of AC 2-tier fare is provided
  8. Petrol Rs. 1100-1250  
SBI PO Gross Salary with H RA    Total Compensation:  7.55 lakhs and maximum of ₹12.93 lakhs depending on the place of posting and other factors.

This shows the entire salary structure with perks given to the candidates depending upon the place of postings and other factors.

Hope this will help you to know about the take home salary before you join SBI PO post.
Wishing to see you all in flying colors with a high score in SBI PO Exam to grab this post!!

Note- Also checks SBI Clerk 2018 Notification which has published already!!!

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