Salary Of PO In State Bank Of India

I want to do job of Probationary Officer PO in State Bank Of India SBI so can you please tell me?

[pawan]

The Probationary Officer PO in State Bank Of India SBI get basic salary of Rs.23,700/-

The revised salary as on 1st June 2015 as per Scale I -

Scale I - 23700 - (980 x 7 ) - 30560 - (1145 x 2 ) - 32850 - (1310 x 7) - 42020

Thus, the revised initial / starting Basic Pay of a Bank Probationary officer / PO will be Rs.23,700/- as on 1st June 2015

In addition to Basic Pay, bank officers (i.e. Probationary officers / PO / Management Trainees) are eligible for the following allowances :-

Dearness Allowance (DA) : DA in banks is revised on quarterly basis
The new revised current DA (for the month of August 2016, September 2016 and October 2016 is 45.50% of the Basic Pay).

Special Allowance : This has been added in 10th BPS (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable

HRA : This depends on the place of posting and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.

CCA : This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%