Bank PO Salary

SBI PO Salary

Bank PO Salary, Allowances and Perks Details

Package or CTC of the Probationary Officer: As per the rough estimates we can say that the salary package of a Probationary Officer of SBI in a city like Mumbai is around Rs. 8 – 9 lacs.

Pay Scale: The starting basic pay of a Probationary Officer is Rs 16,900/- to 25700/-

Dearness Allowance: Currently DA is 80.25% of basic salary hence one will also get Rs. 13562.25.

Lease Rent Facility: Probationary Officers are also entitled for attractive Lease Rent Facility. An Officer is entitled for Leased accommodation ranging from Rs 8000.00 in ‘C’ category Centres to Rs 29500.00 in Mumbai Centre.

HRA & CCA: In SBI there are also various perks such as petrol allowance, newspaper allowance, entertainment allowance, servant allowance, Furniture and Fixtures, Medical Facility, Provident Fund, Concessional Loans to Bank Officers etc.