Many people prepare for banking jobs every year, while many people are happy with banking jobs, then some are unhappy, basically it completely depends on the post if you work in banking sector as a cashier or in sales department. You will get less interest in it if you compare with other departments.
Basically in this article, you will get to know about the premium job which is a very premium job inside the banking sector, which is PO (Probationary Officer) whose vacancy comes out every year, here we are going to talk about completely SBI Bank PO along with that. We will know what is the salary of SBI Bank PO so that you can get an inspiration.
SBI PO Job
The full form of PO is Probationary Officer And it is called certification officer in Hindi, this is an important job in the banking sector. As the officer is attached in its name itself. So in such a situation, you can understand that if you become a PO, then it is an officer category job in the banking sector. In such a situation, all of you must be thinking about its salary and facilities available.
If you are thinking that after PO you can get promotion for which post in the bank? So you will be surprised to know about this because Probationary Officer can be promoted on any big post of the bank. It is decided that with working experience, education and problem solving skills, then you can become a manager and also the chairman of the bank.
Here there is some Banking Job post on which PO is promoted.
- Assistant Manager
- Deputy Manager
- Bank Branch Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Deputy Managing Director
- Managing Director
- Chairman
What is SBI PO Salary?
It is very important to have information about pay scale and salary structure to know about how much salary people doing PO jobs in SBI bank get. There will be two benefits from this, one then you will be aware that how much you are getting PO salary in hand and how much is going to PF and other places. With this, information about Basic Salary and Combined Salary will also be available.
Many times such questions are also asked in banking exams. In such a situation, you should be aware of all these and here is the complete structure of the salary of SBI PO. Which is transferred every month to the account of the person doing the job.
| SBI PO Salary in India- Basic Pay | Rs 27620/- (increment in 4 stages) 1st increment- Rs. 23700-980/7 Second Increment-Rs. 30560-1145/2 3rd Increment – Rs. 32850-1310/7 4th Increment- Rs. 42020 |
| dearness allowance | 46.9% of Basic Pay |
| City Compensatory Allowance (CCA) | 3% or 4% (depending on the place of posting) |
| rented accommodation | Minimum- Rs.8000/- (Rural) Maximum- Rs.29500/- (Urban) |
| medical insurance | 100% for employees 75% for families |
| Travel allowance | Reimbursement for AC-2 Tier (exclusively for official travel) |
| petrol | Rs.1100-1300 (in case of absence of private vehicle) |
| Diverse | Rs.4000/- |
| Total Compensation (Annual) | Reimbursement for AC-2 Tier (exclusively for official travel) |
In this way the SBI PO salary has been divided and the salary package that is formed by combining all these facilities comes directly in the bank account. Overall, SBI PO’s salary is Rs 42,000 every month, which they get in hand. Along with this, the bank gives many more facilities, which gives the same benefit as the salary is received every month.
There are some facilities here which are available to the PO working in State Bank and if you also get a job, then you also get all these facilities here.
Medical Insurance:
The biggest benefit is that all those who work in the bank get medical insurance from the bank. The person who is doing the job gets medical facility up to 100%, with this his family members get medical facility up to 75%. If seen, then medical insurance of 2 to 5 lakh rupees is available for a year.
Travel Allowance
Travel allowance is available every month, which comes with the salary and if you have a car, then you get a separate money for it for petrol, so it is also a benefit of the employee in a way that they have to drive by car. Get money for it too. In such a situation, many bank managers also hire other’s car because they get money from the bank for this.
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