SBI PO Perks and Allowances

Hi I want to know the Perks and Allowances offered to Probationary Officers PO in State Bank of India also tell me the salary structure of Probationary Officers in this bank? Tell me the working hours of the Probationary Officers in State Bank of India?

[Rajkumar Agarwal]

SBI PO Allowances

Allowance Amount
Dearness Allowance 46.9% of the Basic Pay
City Compensatory Allowance 3% – 4% depending on location
House Rent Allowance 7% – 9% depending on Place of Posting
Furniture Allowance INR 1,20,000
Medical Insurance 100% covered for employee | 75% covered for dependent family
Travelling Allowance AC 2-tier fare is reimbursed to the employee for official travels
Petrol Allowance INR 1,100 – 1,250
Newspaper Allowance, Entertainment Allowance, Books Allowance, etc. Varies based on Cadre

SBI PO Perks

1.Contribution Pension Scheme/New Pension Scheme.

2.Medical Aid for self (100%) and for family (75%).

3.LTC.

4.Home Travel Concession/ Leave Fare Concession.

5.Concessional interest rates for Housing/Car/Personal Loans.

SBI PO Job Profile & Promotion

1.Assistant Manager

2.Deputy Manager

3.Manager

4.Chief Manager

5.Assistant General Manager

6.Deputy General Manager

7.General Manager

8.Chief General Manager

9.Deputy Managing Director

10.Managing Director

11.Chairman