MMGS II Pay Scale SBI

I want to build my career in the banking line and for this decided to join State Bank of India searching for the bank salary details. Can you provide me details about the MMGS II Pay Scale offered in SBI bank along with pay scale for different designations so that I plan to join here?

[Rajkumar Agarwal]

State Bank of India is an Indian multinational, public sector banking and financial services company.

It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

Scale II salary details:

31705-1145(1)-32850-1310(10)-45950

Other perks that are available:

SBI gives more perks than all other nationalised banks. Some of the perks available to Bank officers are :-

(a) Leased Accommodation : At some stations, some banks may offer official bank accommodation / bank quarters in lieu of leased accommodation.

The lease amount vary from bank to bank and place of postings.

(b) Travelling Allowance : Some banks allow fixed Travelling Allowance whereas others allow reimbursement of petrol bills i.e. officer must own scooter / car at the place of posting

(c) Newspaper Reimbursement : A fixed monthly amount is paid towards the cost of one newspaper

(d) Medical Aid : A fixed annual amount is paid by most of the banks (Revised amount is Rs8000/- p.a.)

(e) Coverage under New Pension Scheme

Other salary details:

Group B

Scale INR 8040-410(3)-9270-500(4)-11270-550(4)-13470-650(3)-15420-720(1)-16140- 990(4)-20100(20 years)

Group C

Scale INR 6350-220(4)-7230-260(3)-8010-300(3)-8910-400(2)-9710-500(4)-11710-680(3)-13750(20 years)

Contact:

State Bank of India
State Bank Bhavan, Madam Cama Road
Mumbai-400021.

SBI Office Phone Number: +91-22-22029456
SBI Office Fax Number: +91-22-22742431