SBI PO Salary 2025: Revised In Hand Salary, Pay Scale, Salary Slip

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.

SBI PO Salary Structure

At present, the starting basic is INR 41,960 (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.

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SBI PO Exam Pattern

SBI PO Syllabus

SBI PO In-Hand Salary

SBI PO in hand salary ranges between INR 52,000 to 55,000 per month with the basic pay of INR 41,960. The Gross compensation received lies between INR 8.20 Lakhs (minimum) to INR 13.08 lakhs (maximum) per annum. 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. 

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.

SBI PO enjoys numerous monthly perks and allowances which is INR 4000 approximately. Candidates also get loans at concessional rates. They are also entitled to leave fare or travel concession. Some of the SBI PO perks and allowances are given below:

SBI PO Job Profile

The job profile of SBI PO is given below:

• Candidates are given training regarding basic banking knowledge before joining through an online course
• They are required to complete the course before joining
• Selected candidates at the time of joining are also required to sign a bond of INR 2 lakhs
• They are required to serve the bank for a minimum period of three years
• The officers will be on probation for two years
• They are subjected to continuous assessment during the probation period
• Candidates meeting the parameters are confirmed in the service
• Those who achieve higher scores are considered for direct placement in the next higher grade, Middle Management Grade Scale-II (MMGS-II) immediately after confirmation

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SBI PO Preparation Tips

SBI PO Books

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 which is minimum INR 8.20 Lakhs and a maximum INR 13.08 Lakhs. This depends on the place of posting and various other factors.

Candidates can check below SBI PO Salary FAQs