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  #2  
17th June 2015, 04:28 PM
Super Moderator
 
Join Date: Apr 2013
Re: Salary Slip of SBI Bank Po

You are looking for the details regarding the salary of the SBI PO. So I am providing it to you:

Cash Component Rs. 36,046/-
Bank’s contribution to PF & Pension Scheme Rs. 1,690/-
Housing (Lease Rental) Rs. 29,500/-
Perquisites (Conveyance, Newspapers, Entertainment
allowance, House & Furniture Maintenance etc. Rs. 4,130/-

In addition:

(i) Medical Aid for self (100%) and for family (75%)
(ii) Home Travel Concession/Leave Fare Concession
(iii) Concessional Interest Rates for Housing/Car/Personal Loans

Total cost for the company:

Sl NO Particulars Monthly Annual
1 Basic 14500 174000
2 DA (@ 102.45% in August 2014) 14855 178263
3 CCA 540 6480

Sub Total 29526 358743

4 Leased Accommodation 10000* 120000
5 Medical Aid 5100
6 Entertainment 5000
7 Newspaper 3000
8 Petrol 2500 30000
9 Canteen Subsidy 250 3000
10 Pension Contribution 1450 17400
11 Mobile / Telephone 300 3600

Grand Total 545843

Contact:
State Bank of India

Helpline Tollfree Numbers:
1800 11 2211 (toll-free), 1800 425 3800 (toll-free) or 080-26599990.
  #3  
17th December 2015, 04:11 PM
Unregistered
Guest
 
Re: Salary Slip of SBI Bank Po

Hi I would like to know what are the components for a Bank Probationary Officers Salary in State Bank of India?
  #4  
17th December 2015, 04:13 PM
Super Moderator
 
Join Date: Apr 2013
Re: Salary Slip of SBI Bank Po

State Bank of India's Probationary Officers salary slip for the month of June 2015 would look like this after the revised pay scale:

Basic Pay@ 23700

Dearness Allowance (DA) @ 7986 (33.7 % of Basic Pay)

House Rent Allowance (HRA) @ 1659 (7 % of Basic Pay)

DA on Special Allowance @ 618.98 (33.7 % of Special Allowance)

Special Allowance @ 1836.75 (7.75 % of Basic Pay)

Special Allowance/Pay for PO are:

For Officer Scale I,II,II: @ 7.75 % + DA @ 33.70%

For Officer Scale IV & V: @ 10 % + DA @ 33.70%

For Officer Scale VI & VII: 11 % + DA @ 33.70%

City Compensatory Allowance (CCA For Metro Cities) :

Lower CCA – 3% Maximum of Rs.600/-

Higher CCA – 4% Maximum of Rs.870/

HRA Category :
Area A: 9%
Area B: 8%
Area C: 7%

Please find the above information in terms of actual value that a Probationary Officer with SBI would receive in the below image

  #5  
29th November 2019, 08:47 AM
Unregistered
Guest
 
Re: Salary Slip of SBI Bank Po

Can you tell me about the salary structure for the post of PO (Probationary Officer) in SBI (State Bank of India) as I want to check it before applying for job?
  #6  
29th November 2019, 08:48 AM
Super Moderator
 
Join Date: Aug 2012
Re: Salary Slip of SBI Bank Po

SBI Salary Structure for PO – “Probationary Officer” is eligible for reimbursement of various perquisites, Provident Fund, Gratuity, Pension under New Pension Scheme (Defined Contribution Benefit Scheme), Medical, Leave fare and other facilities, as per the instructions of the Bank issued from time to time.


SBI PO Salary

The starting basic pay is 27,620/- (with 4 advance increments) in the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020. The official will also be eligible for D.A, H.R.A/ Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time.


SBI PO Salary: Allowances

Dearness Allowance (DA)
The DA is calculated based on the Consumer Price Index (CPI) and is revised every quarter. One can expect DA to be around 46% of the basic pay. However, it will go up or down based on inflation.


City Compensatory Allowance (CCA)
This is calculated based on city of posting and ranges between 3 to 4% of the basics.


Leased House Accommodation / House Rent Allowance (HRA)
This too depends upon the city of posting and can vary from Rs 8000 (in rural areas) to Rs 29,500 (in Mumbai).


Travel Allowance (TA)
SBI PO gets reimbursement of travel cost for official travels.


Furniture Allowance
Rs 1,20,000 for the purchase of furniture.


SBI PO Salary: Additional Benefits

Medical insurance (100% for SBI PO and 75% for family members)
Cashless treatment in selected medical facilities around the country
Newspaper allowance
Books and magazines allowance
Petrol allowance
House maintenance allowance
Telephone bill reimbursement
Entertainment allowance
Concessionary interest rates for House Loan, Car Loan, and Personal Loan


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