SBI PO Salary 2019
Shristi Kirti, 25 Jan 2019, #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.

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: 




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 2019

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.

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. 

SBI PO Salary 2019 - Important FAQs

Q. Will I be getting my salary during my probation period?

Ans. 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. 

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

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

More like SBI PO

Questions related to SBI PO

I have education loan.can i apply sbi po 2019 exam

1 Day ago

Hi Shivani,Your educational loan has no bearing with your SBI PO 2019 application or examination. No one can stop you from appearing in the exam. H...

If.. Any sbi po aspirants from abroad... Is there any provision for them to writing it from abroad for native indians?... I need to knowthis

10 Days ago

Dear Vigneshwar, unfortunately there is no such option. The exam centres are all based in India and the candidates need to select the exam cities b...

Is any percentage required for sbi po in graduation

13 Days ago

Hello,No, there is no prescribed percentage required in graduation to appear for SBI PO exam. As per the eligibility criteria prescribed by the exa...

Which Book is better for SBI PO in (KA)..?

19 Days ago

Hey Kartik !!Thankyou for contacting career 360!!For quantitive aptitude you should study fromNCERT Books, fast track objective Arithmetic ( Arihan...

Hey i got 55% in my graduation so am i eligible for SBI PO?? What's the minimum percentage requirements for this exam?

27 Days ago

Hi Priyanka,There is no minimum marks requirement for taking SBI PO examination. You just need to have passed graduation in any stream. Candidates ...

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
24,000+ Colleges
500+ Exams
1500+ E-books