According to the latest SBI PO notification, the salary for SBI PO positions starts from Rs. 41,960, which includes four boost increments. For SBI PO, the salary may be updated based on bipartite agreements or pay revisions to be notified in the notification. The SBI PO examination is considered one of the most important bank examinations in India. This recognition is owed to the SBI PO jobs, followed by several of the best perks and benefits. The position of a Probationary Officer involves a large number of responsibilities following the probation phase. These obligations consist of a range of operations, together with financial control, accounting, billing, funding, sales series, and more, all in the probationary period.
To get knowledge on the array of responsibilities of the role of SBI PO in banks, in addition to other details, you should know about the SBI PO salaries, perks, and allowances. This post will tell you about the SBI PO job role, responsibilities, salary, and many more. So, if you want to get in-depth information, then you should read this article till the end.
Information About SBI PO Salary In India
The SBI PO basic salary is Rs. 41,960, along with other allowances and benefits like house allowances, DA, Medical Insurance, etc. A Probationary Officer has many duties, which consist of the mission of managing multiple operations, which include finance, accounting, billing, funding, salaries, etc. At some point in their probation period, SBI PO is one of the most responsible government jobs in India. Candidates who need to appear in the SBI PO exam need to check all details on salary, job role, responsibilities, perks, benefits, etc.
Here is the table you should look at to get enough idea about SBI PO salary:
| Components of SBI PO Salary | SBI PO Salary |
| Basic Pay | Rs. 41,960 |
| Dearness Allowance | 46.9% of Rs. 41,960 |
| City Compensatory Allowance | 3.4% of Rs, 41,960 |
| Location Allowance | Rs. 8000 to Rs. 29500 |
| Medical Insurance | For Employees, 100% of the basic salary, and family 75% of the basic salary |
| Traveling Allowance | Payment of AC-2 Tier (Only for official trips) |
| Petrol | Rs. 1100 to Rs. 1300 |
| Miscellaneous | Rs. 4000 |
| Annual Compensation | 7.5 lakhs to 12.9 lakhs |
The average salary of SBI PO officers in India is 6% more than average salary of SBI PO at other banks, that is 7.7 Lakhs per year.
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SBI PO In Hand Salary Structure
The State Bank of India Probationary Officer (PO) is taking into consideration the most demanding and prestigious authority job in India as SBI is one of the top nationalized banks. When a candidate is appointed as a PO in SBI, they start receiving Rs.41,960 as his basic salary (with four advance increments). The SBI PO salary structure follows the range of 36000-1490/7-46430-1740/2-49910-1990/7-63840. Here is the SBI PO salary structure.
| Basic Pay | Rs 52,000 to 55,000 |
| Special Allowance | Rs. 6,881 |
| DA | Rs. 12,701 |
| Location Allowance | 700 |
| Learning Allowance | 600 |
| Special Allowance | 6881 |
| Gross Salary | 65780 |
| Deductions | 12,960 |
| Net Salary | Rs 62,820 |
SBI PO Salary In-Hand and Deductions
Various advantages are given to SBI POs in terms of deductions that can be claimed by them while filling their ITR and calculating tax liabilities. The given table shows the SBI PO salary deductions. If you want to get SBI PO jobs or prepare for it, then you should know these deductions
| Particulars | Amount |
| PF Contribution | Rs. 4,196 |
| Salary Tax | Rs. 3,290 |
| Professional Tax | Rs. 200 |
| Contributory Pension Fund | Rs. 5,274 |
| Total Deductions | Rs. 12,960 |
Updated SBI PO Salary Per Month, 2025
The preliminary in-hand salary of SBI PO ranges between INR 52000- INR 55000 per month with the basic pay of INR 41,960. The Gross compensation obtained lies at 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 different allowances except for basic pay. The amount of salary of SBI PO varies with the location of the job posting.
SBI PO in Hand Salary Increment
SBI PO Salary and in-hand salary are expected to increase each year. Based on the time of SBI PO service, a fixed increment is given to applicants. The increment presented to SBI PO is given below.
| Period | Increment (In INR) | Basic Salary (In INR) |
| First 7 years | 1490 | 36,000 |
| Next 2 years | 1740 | 46,430 |
| Another 7 years | 1990 | 63,840 |
Job Profile of SBI PO and SBI Bank PO Salary
Being one of the top banking groups in India, SBI gives brilliant career opportunities. Starting as an SBI PO (Scale I) offers many opportunities to enter as an employer and consistently develop your career. SBI gives excellent opportunities in which you can move ahead in your career at a fast speed to better scales. The position of an SBI PO encompasses the following job profile.
- Pre-Joining Training: Candidates undergo complete training in basic banking standards via an online course before starting their roles.
- Mandatory Course Completion: A successful final touch of the training direction is important to become a member of the bank as an SBI PO.
- Bond Agreement: Upon joining, decided-on applicants are required to make a bond amounting to Rs. 2 lakhs, committing to a service tenure of 3 years.
- Probation Period: SBI POs undergo a 2-year probation time, at some point of which they have interaction with various duties and responsibilities to great experience.
- Ongoing Evaluation: Continuous tests are conducted throughout probation to evaluate employee performance and ensure constant improvement and development.
- Confirmation: Candidates go through the overall performance criteria to confirm their roles as SBI Probationary Officers.
- Advancement Opportunities: Exceptional performers have the possibility for quick career development. Those attaining higher ratings may be considered for direct placement in the promoted grade, Middle Management Grade Scale-II (MMGS-II), quickly after affirmation.
The SBI PO job profile entails a dependent and innovative trajectory that ensures training, tests, and career advancement for individuals intending to build a successful career in the banking sector.
SBI PO Salary after 5 Years
Candidates are keen to learn about the salary of SBI PO after 5 years. Given that the initial basic pay is substantial, the SBI bank PO salary after this period is expected to be significant as well. This increase is a result of the regular increments in the SBI PO pay scale for 2024. Based on this scale, we have outlined the expected SBI PO salary after five years.
SBI PO Salary After 5 Years (Basic Pay) – Rs. 58480
SBI PO Salary after 10 Years
Candidates will be keen to find out the SBI PO salary after 10 years. In this section, we’ve specifically outlined the information regarding the SBI PO salary after 10 years. We also provide details on the maximum salary for SBI POs at that time. The rise in basic pay, along with allowances and increments, will enhance the in-hand salary of SBI POs after 10 years.
SBI PO Salary After 10 Years (Basic Pay) – Rs. 69840
SBI PO Salary after 15 Years
Candidates can find information about the SBI PO salary after 15 years of service here. The salary increases over time due to raises in the base pay, as well as additional benefits and allowances provided by the bank.
SBI PO Salary After 15 Years (Basic Pay) – Rs. 83240
SBI PO Joining & Training Process
Before joining, the chosen applicants take courses to learn the fundamentals of banking. In order to serve the Bank for a minimum of three years, the chosen applicants must execute a bond at the time of joining for a sum of 2.00 Lacs (two lacs only). If the candidate leaves the Bank’s employment before the three-year mark from the date of joining has passed, the Bank will invoke the Bond.
The chosen applicants will be referred to as “Probationary Officers” upon joining and may serve a two-year probationary period. Throughout the probationary term, they will be continuously evaluated under the Bank’s current policy. Candidates who pass the test according to the criteria set by the Bank periodically will be confirmed in the Junior Management Grade Scale-I (JMGS-I) service of the Bank.
Candidates go through a two-week Management Development Program (MDP) and a six-week Foundational Training Program (FTP) in two parts, covering six functional areas: IT, General Banking, Credit, Marketing, Investment Banking, and Rural Banking.
Allowances of SBI PO Salary
The SBI PO Salary includes some of the allowances in addition to the basic pay that passes in the direction of a worker’s average take-home pay. According to the notification received upon joining, the PO may be certified for diverse benefits and perks according to guidelines that might be periodically in effect, such as DA, HRA, CCA, PF, Contributed Pension Fund (NPS, LFC, Medical Facility, Lease Rental Facility, etc.). The following is a listing of some of the standard benefits that an SBI probationary officer is eligible to get
- Dearness Allowance, which amounts to 50% of the Basic Pay
- City Compensatory Allowance, starting from 3% to 4% based on the employee’s vicinity
- House Rent Allowance, starting from 7% to 9%, relying on the location of the posting
- Medical Insurance, with 100% insurance for the employee and 75% insurance for the dependent family
- Traveling Allowance, which reimburses the worker for AC 2-tier fare at some point during official travels
- Additional allowances, like Newspaper Allowance, Entertainment Allowance, and Books Allowance, vary based on their posting location
Here is the information on SBI PO allowances in amount and chances as per structure for SBI PO Salary
| Allowance | Amount |
| Dearness Allowance | 26% of the Basic Pay |
| City Compensatory Allowance | 3% – 4% depending on place |
| House Rent Allowance | 7% – 9% relying on Place of Posting |
| Medical Insurance | 100% covered for employees, 75% covered for family |
| Traveling Allowance | AC 2-tier fare is reimbursed to the employee for travels |
| Petrol Allowance | Rs. 1,100 – 1,250 |
| Newspaper Allowance, Entertainment Allowance, Books Allowance, and so forth. | Varies on the basis of Cadre |
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Latest SBI PO Salary Slip
Along with the allowances, the SBI PO Salary is made extra attractive by using a great number of allowances attached to the process. Here are the perks related to the SBI PO Salary Slip:
| 1 | Medical insurance |
| 2 | Cashless treatment in selected scientific centers across the country |
| 3 | Newspaper allowance |
| 4 | Books and magazines allowance |
| 4 | Petrol allowance |
| 5 | House protection allowance |
| 6 | Telephone invoice compensation |
| 7 | Entertainment allowance |
| 8 | Concessionary interest rates for House Loan, Car Loans, and Personal Loans |
| 9 | New pension scheme contribution |
| 10 | Leave Travel Concessions (LTC) |
Career Path of SBI PO
As an SBI PO, you may be posted as a Junior Management Grade-1 Officer. You may be on a probation period of 2 years. After successful training in the bank, you need to go through the screening process at various tiers and observe a career course (as described below) that begins from the Middle management scale II. Here is the career growth of SBI PO employees, from junior management grade officers to higher posts. The growth in their career also ensures growth in their salary and access to more perks and benefits.
| Scale | Post |
| Scale I | Junior Management Grade Officer i.e. PO |
| Scale II | Middle Management Grade i.e Manager |
| Scale III | Middle Management Grade i.e Senior Manager |
| Scale IV | Senior Management Grade i.e Chief Manager |
| Scale V | Senior Management Grade i.e Assistant General Manager |
| Scale VI | Top Management Grade i.e Deputy General Manager |
| Scale VII | Top Management Grade i.e General Manager |
| Scale VIII | Chief General Manager (CGM)Deputy Managing Director (DMD)Managing Director (MD)Chairman |
How to Become an SBI PO
To become a PO in the State Bank of India, a number of requirements must be met. Below are the requirements to become an SBI PO:
- Nationality: Indian nationals are required to take the SBI PO tests.
- Candidates must be between the ages of 20 and 30: Students in the reserved category have an age limit.
- Educational Requirement: Candidates must hold a bachelor’s or master’s degree from an accredited university in order to sit for the PO examinations.
A Step-by-Step Guide
To be eligible to take the test, each applicant has to finish the following requirements.
1. The Preliminary SBI PO Exam
Three components make up the first stage: English, logic, and computation. There are thirty questions (1 mark each) in the English portion and thirty-five questions (1 mark each) in the other two areas. The exam will take one hour to complete.
2. Mains Exam for SBI PO
Computer Skills and Reasoning, Data Interpretation and Analysis, Banking and General Awareness, and English are the four sections of the core test. Within three hours, candidates must respond to 155 questions. The goal portion has a total score of 200. The major exam description paper assesses the candidate’s writing abilities. You can write a letter or an essay, and you will receive 50 points for this assignment.
3. Interview for SBI PO
Remember to pass the second step, the mains lead, if you wish to be chosen as an SBI PO. The last round of interviews will only be held for individuals who have advanced to the main stage. To be considered for the final selection, applicants must receive at least 40% of the possible points (or 35% for SC, ST, and PWD candidates). The names of the chosen applicants and the final merit list will be posted on the State Bank of India’s official website.
How is SBI PO Promoted?
As we know, the SBI PO salary is one of the most attractive salaries compared to other banking jobs. So, there are a lot of promotions given to SBI PO according to the level of their SBI Job. SBI conducts a few exams to check the abilities of SBI PO every year. This gives SBI PO an option to get a promotion easily based on their overall performance at work and on the exam. So there’s a high career increase ordinary in SBI JOB. Here is the SBI PO Promotion Hierarchy in the State Bank Of India.
| 1 | Assistant Manager |
| 2 | Deputy Manager |
| 3 | Manager |
| 4 | Chief Manager |
| 4 | Assistant General Manager |
| 5 | Deputy General Manager |
| 6 | General Manager |
| 7 | Chief General Manager |
| 8 | Deputy Managing Director |
| 9 | Managing Director |
| 10 | Chairman |
Conclusion
The agreement makes a current adjustment to the SBI PO salary structure. For employees with 0 to 5 years of experience, the SBI PO salary in India is 8.2 lakhs. SBI offers a PO pay slip that ranges from 5.0 to 12.0 lakhs. The starting salary of SBI PO will receive 4 improvement increments on a scale of Rs 41,960.
FAQs
1) What Is the Starting SBI PO Salary in Hand?
A freshly appointed SBI PO (Probationary Officer) normally earns between ₹52,000 and ₹55,000 per month. This comprises a basic wage of ₹41,960 plus additional perks like HRA, DA, Medical Allowance, and more. Gross yearly remuneration ranges from ₹8.20 Lakhs to ₹13.08 Lakhs, based on allowances and deductions.
2) What Is SBI PO Salary After 5 Years?
The SBI PO Salary after 5 years (Basic Pay) would be Rs. 58480.
3) Is SBI PO a Permanent Job?
Yes, the SBI PO (Probable Officer) post is a permanent government position, particularly in the public sector. Although the job is temporary at first, it becomes permanent if the officer successfully completes two years of probationary service.
4) Do SBI PO Get Salary During Training?
Yes, SBI Probationary Officers (POs) are paid during their training term. As full-time workers, they are entitled to all benefits and allowances, including salary, on the first day of their employment. During the probation phase, the net compensation might range between 40,000 and 42,000 INR (if not including HRA), with an initial in-hand salary of roughly 84,000 to 85,000 INR.