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  #1  
12th February 2016, 03:56 PM
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SBI PO Salary and Other Benefits

Please provide me the salary details of the Probationary Officer post for theState Bank of India as well as nationalised banks and also the other benefits eligible for the post?
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  #2  
12th February 2016, 04:15 PM
Super Moderator
 
Join Date: Apr 2013
Re: SBI PO Salary and Other Benefits

Probationary Officers in SBI & other nationalised banks are recruited through a common written examination held by IBPS and then through group discussion & interview held by the individual banks.

Bank PO Salary at Joining Time (as on 01.04.2015)

PSU Bank PO Salary in India
Salary
Major A class cities :Metro Cities
Other places in Area I(State Capitals etc)
Other places (District level and Rural Places)

Basic Salary
Rs.14500.00
Rs.14500.00
Rs.14500.00

Dearness Allowance (110.10%)
Rs. 15964.50
Rs. 15964.50
Rs. 15964.50

CCA(4% max Rs.540=)
Rs. 540.00
Rs.375.00
nil

HRA (Major A class cities - 8.5%, Other places in Area I -7.5%, Other places - 6.5%)
Rs.1232.50
Rs.1087.50
Rs.942.50

Total
Rs. 32237.00
Rs. 31927.00
Rs. 31407.00

Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(w.e.f. Nov 2012)
Rs.4835.00
Rs.4789.00
Rs.4711.00

Gr Total
Rs. 37,072.00
Rs. 36,716.00
Rs. 36,118.00

Bank PO Perk and Facilities:

Perks / Benefit
Major A class cities: Metro Cities
Other places in Cat A Centers(State Capitals etc)
Other places
Category B Centers
Other places
Category C Centers


Leased House Rent
Rs.12,500.00
Rs.10,000.00
Rs.7,500.00
Rs.5,500.00

Travelling Allowance
Rs.3,000.00
Rs.3,000.00
Rs.2,700.00
Rs.2,300.00

News Paper
Rs. 250.00
Rs. 250.00
Rs. 250.00
Rs. 250.00

Cleaning Materials
Rs.600.00
Rs.600.00
Rs.600.00
Rs.600.00

Business Development Expenses
Rs.300.00
Rs.300.00
Rs.300.00
Rs.300.00

Medical Aid
Rs.450.00
Rs.450.00
Rs.450.00
Rs.450.00

Total
Rs.17,100.00
Rs. 14,600.00
Rs.11,800.00
Rs.9,400.00

Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(w.e.f. Nov 2012)
Rs. 2565.00
Rs.2190.00
Rs.Rs.1770.00
Rs.1410.00

Gr Total
Rs.19,665.00
Rs. 16,790.00
Rs.13,570.00
Rs.10,810.00


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