SBI PO Salary 2026: In Hand Salary, Pay Scale, Salary Slip

State Bank of India Probationary Officer Exam 2026 ( SBI PO )

Shikha Goyal
Updated on Apr 17, 2026 13:13 IST

By Shikha Goyal, Assistant Manager

Overview

SBI PO Salary 2026: The SBI PO exam is conducted annually by the State Bank of India. Lakhs of candidates appear for the exam and one of the main reasons is salary. In 2025, the SBI PO salary was revised. The initial basic pay for an SBI PO is INR 56,480. According to the revised Bipartite Settlement, the pay scale of SBI PO is 48480-2000/7-62480-2340/2-67160-2680/7-85920 which applies to Junior Management Grade Scale-I. 

Candidates are eligible for DA, HRA, CCA, PF, Contributory Pension Fund i.e., NPS, LFC, Medical Facility, Lease rental facility, etc., and other allowances & perquisites as per rules in force from time to time. The approximate CTC of SBI PO at the initial scale of pay at the Mumbai Centre is apprroximate INR 20.43 Lakh. Here, we have explained in detail SBI PO salary, allowances,benefits, and many more.

 

 

 

Table of contents
  • SBI PO Salary
  • What is SBI PO Salary Structure?
  • SBI PO Perks and Allowances
  • SBI PO Career Growth
  • SBI PO Vacancies
  • SBI PO Selection Process 2026
  • SBI PO Salary FAQs
View More
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SBI PO Salary

Candidates selected as Probationary Officers in SBI not only hold a very reputed position but also are entitled to various perks and allowances. The salary of SBI PO is more compared to other public sector banks in the country. SBI PO salary is set as per the Bipartite Settlement. State Bank of India offers one of the best SBI scale 1 salary to the Probationary Officer.

Also Read:

SBI PO Exam Pattern

SBI PO Syllabus

SBI PO In-Hand Salary

SBI PO in hand salary ranges between INR 80,000 to 82,000 per month with the basic pay of INR 48,480. The SBI Probationary Officers are eligible for Lease Rental/ HRA, DA, Medical, CCA and other allowances besides basic pay. 

SBI PO Increment

SBI PO salary and in-hand salary is subject to increment every year. On the basis of the period of service, a fixed amount of increment is given to candidates. The increment offered to SBI PO is given below. 

Period Increment (In INR) Basic Salary (In INR)

First 7 years

2000

62,480

Next 2 years

2340

67,160

Another 7 years

2680

85,920

SBI PO Salary Deduction

SBI PO receives various benefits and allowances and in terms of deductions they can claim while filling the ITR. The deductions in the SBI PO salary structure are given below.

Particulars Amount (INR)
PF Contribution 5,648
Union Associa Membership 300
Professional Tax 200
Contributory Pension Fund 6,845
Total Deductions 12,993
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What is SBI PO Salary Structure?

At present, the starting basic is INR 48,480 (with 4 advance increments). SBI PO pay scale is INR 36,000-1490/7-46430-1740/2-49910-1990/7-63840. The post is of Junior Management Grade Scale-I. The official will also be eligible for DA, HRA/Lease rental, CCA, Medical, and other allowances & perquisites as per rules in force from time to time. Candidates working as SBI PO earn a higher take-home salary than any other bank PO. They get more allowances as well. SBI PO salary also differs on the place of posting. The employees posted in metropolitian cities get higher pay. Candidates are also entitled to PF, LTC, etc.

Also Read: SBI PO Vacancies

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SBI PO Perks and Allowances

Some of the SBI PO perks and allowances are given below:

Basic Pay

INR 41,960 (with 4 advance increments). The pay scale is INR 36000-1490/7-46430-1740/2-49910-1990/7-63840

Dearness Allowance

DA is revised every quarter and is calculated based on CPI (Consumer Price Index). Currently, DA is 46.9 per cent of the basic pay

City Compensatory Allowance (CCA)

CCA varies with the place of posting of 4 per cent or 3 per cent

Leased House Accommodation

SBI PO is entitled to take a house on lease. The amount of which varies with posting between a minimum of INR 8000 (in rural areas) and a maximum of INR 29, 500 (In Mumbai)

Furniture Allowance

INR 12,0000 for the purchase of furniture

Medical Insurance

100 per cent of medical coverage for SBI employees and 75 per cent for their family members

Travelling Allowance

For official travels, reimbursement of AC 2-tier fare is provided

Petrol

50 Lts (For 2 wheelers) Or 55 Lts (For 4 Wheeler) Or Approx. INR 1100-1250 if you do not have 2/4 wheelers (conveyance allowance)

SBI PO Job Profile

The job profile of SBI PO is given below:

  • Given basic training about banking awareness
  • Need to sign a bond of INR 2 lakhs
  • Employees need to server for three years
  • Probation period is two years

Also Read: 

SBI PO Preparation Tips

SBI PO Books

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SBI PO Career Growth

SBI offers immense growth opportunities to candidates. Candidates joining as PO can reach up to the level of Chairman. The promotion hierarchy of SBI PO is given below:

SBI PO Promotion Hierarchy

  • Probationary Officer (Assistant Manager, JMGS - I)
  • Deputy Manager (MMGS)
  • Manager (MMGS)
  • Chief Manager (MMGS)
  • Assistant General Manager (SMGS)
  • Deputy General Manager (TEGS)
  • Chief General Manager (TEGS)
  • General Manager (TEGS)

SBI PO Salary: Know the Annual Package

SBI PO salary is the highest among all the public sector banks in India. SBI offers a total compensation or salary package. This depends on the place of posting and various other factors.The Probationary officers of an SBI are eligible for Lease Rental/HRA, DA, Medical, CCA and other allowances besides basic pay. Also, the amount differs or varies with the location of the job posting.

Also Read: SBI PO Selection Process

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SBI PO Vacancies

SBI PO vacancies 2026 will be released along with the notification. The vacancies will be released state-wise and category-wise. In 2025, a total of 541 vacancies were announced.  Candidates are selected for the recruitment exam as per the vacancies. SBI PO vacancies are given below.

Category Regular Backlog
SC 75 5
ST 37 36
OBC 135 -
EWS 50 -
UR 203 -
Total 500 41
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SBI PO Selection Process 2026

The State Bank of India conducts SBI PO exam to select candidates for the posts of Probationary Officers (PO)/Management Trainees. The recruitment process will begin with the release of SBI PO notification. Interested candidates need to apply online for the SBI PO exam. The selection process of SBI PO comprises Preliminary, Mains), and Phase III Psychometric Test, Interview and Group Exercises. The selection process of SBI PO is given below:

  • Applying for SBI PO 
  • Release of SBI PO Admit Card
  • Appearing in SBI PO Exam
  • Declaration of SBI PO Result
  • SBI PO Final Selection
  • Psychometric test

On joining, the selected candidates will be designated as Probationary Officers and will be on probation for two years. Their performance will be evaluated during the probation period before confirmation. Candidates who excel in their performance will be promoted to the next grade, Middle Management Grade Scale-II (MMGS-II). 

About SBI SO psychometric test
SBI has introduced psychometric test in the selection process of SBI PO exam. The psychometric test is conducted for personality profiling for those candidates who will be shortlisted for Phase 3. The performance of candidates in the psychometric test will be placed before the interview panel to have a through perspective on the candidates.

When candidates are selected, they join the SBI Bank as a Probationary Officer and will serve the probation period of two years. During this time, their performance will be evaluated as per the current policy of the bank. Those candidates who meet the required standards set by the bank will be confirmed as permanent employees in Junior Management Grade Scale-I.

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SBI PO Salary FAQs

Candidates can check below SBI PO Salary FAQs