#1
23rd March 2016, 08:48 AM
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SBI Psalary scale
Hello sir I want to become the PO in SBI Bank in India so can you provide me salary scale structure of this post of the SBI Bank.
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#2
23rd March 2016, 08:49 AM
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Re: SBI Psalary scale
State Bank of India offers salaries and remunerations that is at least 14% more than the industry standards. Salary of SBI PO Officer:- The starting basic pay is Rs.16,900/-(with 4 increments) in the scale of Rs. 14500-600/7-18700-700/2- 20100-800/7-25700 applicable to Junior Management Grade Scale I. The official will also be eligible for D.A, H.R.A & C.C.A as per rules in force from time to time. The compensation per annum at Mumbai is around Rs. 8, 55,000/-. The breakup of monthly compensation is as under: Cash Component: 36,046/- Bank’s contribution to PF: 1,690/- Housing (Lease Rental): 29,500/- Perquisites:-Conveyance, Newspapers, Entertainment Allowance, House & Furniture Maintenance etc.:-4,130/- Benefits for officers – (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. Career Path:- The Probationary Officers will be on probation for two years during which they will be given intensive training. Towards the end of their probation/training period, they will be subjected to a screening process. While those Officers who achieve the predetermined standards may be confirmed and given placement in the next higher grade i.e., Officer Middle Management Grade Scale-II, others The services of those Officers who fail to qualify in this process will be terminated. Bank provides immense opportunities for growth in the Bank including opportunities for postings abroad. |