SBI PO SALARY

Here is the latest SBI PO salary structure in 2024, broken down into key components:

Component	Amount (Approximate)
Basic Pay	₹48,480 (increases with experience)
Dearness Allowance (DA)	26% of Basic Pay
House Rent Allowance (HRA)	7% to 9% (varies by location)
City Compensatory Allowance (CCA)	3% to 4%
Medical Insurance	Full coverage for employee; 75% for family
Travelling Allowance	AC 2-tier fare for official travels
Petrol Allowance	₹1,100 – ₹1,250
Furniture Allowance	Up to ₹1,20,000

After including allowances and deductions, the net in-hand salary for a new SBI PO is approximately ₹82,000 per month. The gross monthly salary usually falls around ₹91,000 to ₹92,000, with an annual package ranging between ₹9 lakh to ₹12 lakh, depending on location and other factors​

The SBI Probationary Officer (PO) post is a sought-after role within the State Bank of India. SBI offers a strong starting salary and moreover a promising career path in the banking sector.

As a PO, individuals begin with a training period that involves learning essential banking functions. From handling customer service and processing loans to overseeing daily administrative tasks.

Additionally, POs can access benefits such as medical coverage, housing allowances, and travel reimbursements. which makes the role even more appealing. However, POs can advance to higher positions. In fact, One can move up the ranks through consistent performance and periodic promotions.

Ultimately, this position not only provides excellent financial stability but also offers ample growth opportunities. setting a strong foundation for a fulfilling career in banking.

In Conclusion, Aspirants must start preparing as lots of exams are upcoming. In fact, the SBI PO exam is going to take place within one or two months. Those who are eager to become a PO, need to be serious.