State Bank Of Travancore Po Salary

I want to know the salary of Probationary Officer PO in State Bank Of Travancore so will you tell me?

[pawan]

The State Bank Of Travancore is now merged with State Bank Of India (SBI)

The basic salary of State Bank Of India Probationary Officer SBI PO is Rs 23,700. Apart from this, Probationary Officer will get 4 advance increments of Rs 980 which is added to the basic.

Therefore, the basic salary in total is Rs 27,620.

SBI PO Salary 2017

Starting basic pay is Rs. 27,620/- (with 4 advance increments) in the scale of Rs.23700-980/7- 30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I.

The candidates will 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.

The total compensation per annum on CTC basis would be a minimum of Rs. 7.93 lacs and maximum of Rs 12.95 lacs depending on the place of posting and other factors.

Earnings-

Basic Salary = Rs. 27620
Dearness Allowance = Rs. 12677
City Compensatory Allowance (CCA) = Rs. 870
Special Allowance = Rs. 2140
Total Earning Before Deductions = Rs. 43307

Deductions-

PF (10% of Basic) = Rs. 2,762
NPS (10% of Basic+DA) = Rs. 4,000
Income Tax = As per govt norms.
Other allowances including Newspapers, Entertainment allowance, Conveyance etc = Rs. 4,130
HRA = Rs. 2,486

Benefits-

The candidates apart from the renumeration are also entitled to the following benefits:

Leased accommodation ranging from Rs 8,000 in C Category centres to Rs 29, 500 in Metros

Medical insurance for self is 100 % and for family is 75%

Home Travel Concession/ Leave Fare Concession.

Concessional interest rates for Housing/Car/Personal Loans