SBI PO Salary 2019
Updated on Jan 25, 2019 - 3:05 p.m. IST by Shristi Kirti
#SBI PO

SBI PO Salary 2019 - State Bank of India (SBI) determines the salary of candidates recruited as Probationary Officers at SBI. Aspiring candidates must go through SBI PO salary 2019 to know what they will be paid after being recruited as Probationary Officers. SBI PO salary 2019 will include the basic pay along with various other allowances as per the rules depending on factors like place of posting etc. As per the salary of SBI PO 2019, candidates recruited as PO, will receive a basic pay of Rs 27,620 in the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I. To know more about SBI PO salary 2019, go through the article below.

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SBI PO Salary 2019 - Allowances

Along with the salary of SBI PO 2019, the authority has also determined various allowances to the candidates who will be recruited as PO:


Earnings

Amount

Deductions

Basic Salary

Rs. 27620

PF - [Rs. 2762 (10% of Basic)]

Dearness Allowance

Rs. 12677

NPS - [Rs. 4000 NPS (10% of Basic+DA)]

City Compensatory Allowance (CCA)

Rs. 870

Income Tax (As per govt norms)

Special Allowance

Rs. 2140


SBI PO Salary

Along with the above mentioned allowances that are provided by the authority, there are various other benefits that the Probationary Officers get. The table below contains the special benefits enjoyed by the SBI PO.

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Medical insurance (100% for the Probationary Officer and 75% for his/her family members)

Telephone bill reimbursement

Entertainment allowance

Concessionary interest rates for House Loan, Car Loan, and Personal Loan

Cashless treatment in selected medical facilities across the country

House maintenance allowance

Newspaper allowance

Books and magazines allowance

SBI PO Salary 2019 - Points to Remember

  • Candidates recruited as PO might get different salaries depending on the place of posting.

  • SBI PO will get around Rs 36-37 thousand in hand salary.

  • Depending on the claims, candidates might also get allowances are around 4-7 thousand rupees

  • Leased accommodation will be provided, which means the employee will not have to pay any amount as rent.

Frequently Asked Question (FAQs) - SBI PO Salary 2019

Question: Will I be getting my salary during my probation period?

Answer:

Yes, you will definitely get SBI PO salary 2019 during your probation period which will be of 2 years from the date of your joining. 

Question: In various banking training courses at Manipal, a particular amount is charged, so, do I have to pay for training here at SBI too?

Answer:

No, you need not pay any amount during your training.

More like SBI PO

Questions related to SBI PO

Showing 229 out of 229 Questions
7 Views

I am doing gradution and this is the last year of my graduation.. may i eligible to this exam

Shareef 25th Jan, 2020
Hello,
.
Yes you are eligible for SBI po exam... All the final semester students are eligible for the examinination. Have a look at the Eligiblity criteria for SBI PO,
  • Must hold a bachelor's degree
  • Only Indians should apply
  • Must be atleast 21 years and below 30 years
  • Upper age limit is relaxed as per caste
  • SC/st 5 years, OBC 3 years, PWD 15 yrs, es service men 5 years,
  • Number of attempts for, gen 4, OBC 7, SC/st no limit restriction
2 Views

what is the age limit of sbi po 2020 exam for OBC category.??

Papeya Dubey Student Expert 24th Jan, 2020

Hello,


The upper age limit for General category is 30 years, there's relaxation of three years for OBC(non-creamy layer) and in case of PWD-OBC, it's 13 years.


You can go through the following link to know more details regarding this-


https://competition.careers360.com/articles/sbi-po-eligibility-criteria

3 Views

If am doing graduation in general subjects not honors in any subjects. After graduation can i fill SBI applications form?

Pooja Kaushik 23rd Jan, 2020
Hi Arti,
yes you can fill SBI form after completing your graduation in any field or even in the final year of your graduation.
Honours degree is not mandatory.

All the best.
5 Views

my birth year is 1986. Am I still eligible for sbi po exam. I belongs to OBC category

AYAN MULLA 23rd Jan, 2020

HELLO DINESH

There is a eligibility criteria to give the SBI po exams.

age also matters in such type of exams the lower age limit is 21 and the upper age limit is 30.

To be precise to write the exam a candidate should have not be born not later than april 1 1999 and not earlier than 1990.

As you can see you should be born in the year approximately between 1990-1999. therefore you are not eligible since your year is 1986. to get a detailesd information about the eligibility crieteria then click the link https://competition.careers360.com/articles/sbi-po-eligibility-criteria

HOPE IT HELPS!!!

3 Views

my dob is 4/01/1999 can i apply for sbi po 2020..?

Sourandhi Saha Student Expert 20th Jan, 2020
As per the notice, the minimum and maximum age of the applicants should be 21 and30 years respectively as on 1stApril 2020. And you have completed your 21st on 4th January 2020, so you are eligible to write SBI PO 2020. The preliminary exam will held on first week of July 2020 and the Mains will held on First week of August 2020.

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