SBI PO Salary: SBI Bank PO Salary After 7th Pay Commission — SBI Probationary Officer is the Best Career Post for the youth in terms of Career, and Salary. When it comes to making headway in a career as a banker, a probationary officer’s job is the best. This post is just like Junior Manager or Assistant Manager in the bank, this position in the bank is very prestigious which one has to work hard to get. The tendency to attempt all types of banking exams has become a new trend and getting a seat for yourself in public sector banks has become a very difficult task. Probationary officer jobs in public sector banks of India not only give you a better working style but it gives you a luxurious lifestyle with a huge salary, extra allowances, and employee benefits.
We all know how wide the field of Banking has become today. As it is becoming more and more, the requirements of the employees are also increasing, so the vacancy of banking is organized to fill the vacant posts in any bank. SBI PO for the Best Career Post for the youth is a brilliant post in terms of Career, Salary, and Reputation. State Bank of India is the only institution in India that provides a lot of employment to the youth. The banking sector has always provided employment to the youth. This institution conducts many large-scale tests. The branches of State Bank of India are spread across the country at every level.
Read also: UPPCS Previous Year Paper- 2018
What are the Workings of Bank PO?
The works of Bank PO is very impressive, the role of Bank PO is the best in the bank. It does its work in a much better way, further, you have been told the work of SBI PO.
Bank PO’s work is to provide loans to customers, a loan is given by checking what are the necessary papers, documents to provide a loan.
Bank PO also has to keep information on other areas like- Loan, Marketing, Accounting, Finance, etc.
Bank PO has to take care of the facilities provided to customers such as ATM Card, Check Book, Passbook and information related to customer problems, cash transaction issues, account problems, etc.
SBI PO Salary
SBI PO Salary: SBI Bank PO Salary After 7th Pay Commission: Are you preparing for the Bank PO exam and want to know about the salary of Probationary Officer? Here we are providing you the salary information of IBPS PO, SBI PO, and IBPS RRB PO.
Salary of an SBI PO
The basic salary of SBI PO has been given in official notification Rs. 23700. The SBI Probationary Officer receives 4 advance increments of Rs 980 and receives a final basic salary of Rs 27620. After various allowances and deductions, an SBI PO receives Rs 45,000 as a final salary.
Salary of an IBPS PO
A probationary officer in a public sector bank receives a basic salary of Rs 23,000 to 27,000. After adding various benefits and allowances to the basic salary, he gets a salary ranging from Rs 39,000 to Rs 42,000 as a final salary. The salary of the candidate also depends on the place of posting and the bank for which he is selected.
RRB PO Salary
After adding various benefits and perks to an officer (Scale-I) in a Regional Rural Bank, he gets a salary of Rs 35,000 to Rs 40,000 as a final salary.
How to prepare for Bank PO?
SBI PO Salary: SBI Bank PO Salary After 7th Pay Commission: So if you are also preparing for banking, then today we are going to tell you about the SBI PO Exam and also will tell you about the qualifications and qualifications for the Bank PO. So, now let us tell you in detail about what is Bank PO and how to prepare for Bank PO.
To become a PO in a bank, you must know the right information like what should be the educational qualification for a bank PO and what is the pattern of the Bank PO Exam. If you will prepare the Bank PO Exam by preparing the right strategy, then you will be able to clear this exam really, so let us first tell you about what Bank PO Eligibility.
Bank PO Qualification
For Bank PO, Candidates must have passed graduation from 55% percent from any recognized university. The educational qualification for the recruitment of SBI PO is determined BA, BCom, BSc and engineering graduates can also take the Bank PO exam. Your Graduation for Bank PO should be completed, irrespective of your graduation in any discipline.
Bank PO Age Limit
For applying for the post of PO in any bank, the minimum age of the candidate (Candidate) should be 21 years and maximum 30 years, while the relaxation of 3 years for OBC class is 5 years for SC / ST class. And a 10-year exemption has been prescribed for the general category.
How To Get SBI PO Job?
SBI PO Salary: SBI Bank PO Salary After 7th Pay Commission: If you are preparing for SBI Bank PO, then you will have to work hard for it, as well as you should know about the exam pattern of the SBI PO exam, SBI Bank PO syllabus, etc.
SBI Bank PO Exam Paper
SBI Bank PO Exam Paper is conducted in 3 phases.
- Preliminary Examination
- Main Examination
After applying to SBI Bank PO, the candidate has to appear in its preliminary examination i.e. Preliminary Examination. In this exam, the candidate is asked alternative questions of 100 Marks which is given 1 hour to solve, and the Negative Marking of .25 is done for each wrong answer.
The main exam is the second phase of the SBI exam, only those candidates who have passed the Preliminary Exam can give this exam. This exam is also done online. There are two sections in this exam of SBI PO, optional and descriptive. In the first part, 155 optional questions of 200 marks are asked for which 3 hours time is given, although different time is prescribed for each subject. In the second part, the descriptive test of 50 marks is taken for which 30 minutes’ time is given.
Those candidates who clear both the preliminary and main examinations are called for the final stage of SBI Bank PO i.e. Interview. In this, some questions are asked from the candidate to check their qualifications, which the candidate has to answer and in this stage, marks are given only on the basis of the answers given by the candidate.
SBI PO 2019 Syllabus
SBI PO Salary: SBI Bank PO Salary After 7th Pay Commission: The SBI Bank PO Exam Syllabus is similar in comparison to other bank exams. Both preliminary and main examinations have English and Reasoning parts and the syllabus for both these parts is the same except for few subjects. SBI PO Syllabus is mentioned below for both preliminary and main examination.
It is necessary to have knowledge of the English language for Bank PO Exam like- Sentence Correction, General English, Vocabulary, Spelling Section, etc.
Many topics related to computers come in computer topics like – History of computer, MS-Office, MS Word, Hardware, Software, etc.
Current Affairs covers Indian and International Economy, Indian Constitution, Sports, Bank Rules, Daily Events.
Mathematics based questions are asked in this subject like simple interest, percentage, average, time and distance, profit and loss, etc. questions are asked.
Now from the information given above, you will not have much problem preparing for bank PO and this will help you a lot. If you want to get a bank PO job, then you have to study it with the right strategy, only then you will be able to succeed in it.
Your friends, who are preparing for banking, must also share this post with them so that they too can get help in doing Bank PO preparation.
SBI PO Salary and Allowances – Is it really Rs 12 Lakh per annum?
This article related to State Bank of India PO salary covers all your doubts about SBI salary, allowances, compensation, achievements, etc. which can go up to Rs. 12 lakhs per annum.
SBI PO Salary and Other Allowances: Total Achievements
Notification for State Bank of India PO has been issued. As a result, there is considerable discussion about its notification. Therefore, before applying for this post, we will share some information about it with you so that you can understand it well. If you want to know how much salary you will get after passing the prestigious SBI PO exam, then you are in the right place.
Understanding salary and compensation are as important as understanding the job profile. Knowing this in advance not only avoids unexpected surprises after joining State Bank of India but also gives an extra edge in planning for your life.
Here we have included important doubts arising in the mind of the aspirant. Everyone must read it.
SBI PO Salary
Information related to SBI PO salary as per this year’s notification
The pay scale for State Bank of India PO is as follows: Applicable Pay Scale for Junior Management Grade Scale-1 – 23700-980 / 7-30560-1145 / 2-32850-1310 / 7-42020
Currently, the starting basic salary is Rs 27,620 / – (with 4 advance increments).
Not only this, as per the rules applicable from time to time, officers will be eligible to receive the rent of DA, HRA / lease, CCA, medical and other allowances and perquisites. All allowances may vary depending on the place of posting.
The total compensation, depending on the place of posting and other factors, will be a minimum of 7.55 lakhs per annum and a maximum of 12.93 lakhs.
In addition, the State Bank of India is offering to offer a smart compensation package to the candidates so that the candidate will be able to enable specific elements of the salary package.
Question and Answer
SBI PO Salary: SBI Bank PO Salary After 7th Pay Commission: Here, I’m sharing important doubts and their answers on SBI PO salary.
Will I get a salary during the probation period?
Yes, all the candidates selected for the post of an officer will be placed on a probation period of two years. During the probation period, you will get the same salary as shown above.
Do I have to pay for various Manipal courses like training ??
Not at all. Rather, you will be given full salary even when you are going through your classroom training. (Along with learning, you will also earn)
Will I actually get 12 lakh rupees per year?
By the way, this is the most questionable question. 12 lakh rupees will not be received directly in your hands, but yes your total compensation can go up to 12 lakh rupees annually, which will include –
- Your basic salary
- Dearness allowance
- City reimbursement allowance
- Tax and PPF
- Allowances such as petrol, newspaper, entertainment, tea, and coffee.
- Leased/rented residence (or staff quarters available at the place of posting)
In addition to the basic salary, the compensation amount for other things is paid based on the place of posting, and in this way, the compensation will fall within the bracket of 8 to 12 lakhs. Now, you start preparing for SBI PO.