By Arzoo Yadav Published: 30 Dec, 2024 Image: Pinterest

What is the Salary of SBI Probationary Officers (PO)?

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The starting basic pay for an SBI PO is ₹41,960.

Basic Pay

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Dearness Allowance (DA): DA is based on the Consumer Price Index (CPI) and is revised quarterly. This is a percentage of the basic pay

Other Allowances and Benefits

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Depending on the location, it can be 7%, 8% or 9% of the basic pay.
Special Allowance: A special allowance is added to the basic pay, which is approximately ₹5,200.

House Rent Allowance (HRA)

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For a SBI PO, the gross salary (basic pay + allowances) can range from ₹57,000 to ₹65,000 per month, depending on the location and DA.

Gross Salary

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Medical Benefits for self and family Loan Facility for house, car, etc., at concessional rates
Provident Fund (PF)
Leave Travel Concession (LTC) Personal Accident Insurance

Other Perks

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The SBI PO has excellent growth opportunities. After the probation period, they are eligible for promotions, which increase both the salary and benefits.

Career Growth

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