What is SBI PO salary structure?
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2 Answers
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SBI PO salary structure is given below. Basic Pay-INR 41,960 Special Allowance-INR 6,881 DA-INR 12,701 Location Allowance-INR 700 Learning Allowance-INR 600 HRA-INR 2,937 Gross Salary-INR 65,780 Deduction (PF/Income Tax/Professional Tax/Pension)-INR 12,960 Net Salary-INR 52,820. The structure of SBI PO salary is given below.
Basic Pay
INR 41,960
Special Allowance
INR 6,881
DA
INR 12,701
Location Allowance
INR 700
Learning Allowance
INR 600
HRA
INR 2,937
Gross Salary
INR 65,780
Deduction (PF/Income Tax/Professional Tax/Pension)
INR 12,960
Net Salary
INR 52,820
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The SBI PO position has a base salary of Rs 41960/-with four advance increments. According to the amended bipartite settlement following four advance increments, the remuneration of a probationary officer is 36000-1490/7-46430-1740/2-49910-1990/7-63840. Particularly for those wishing to work as probationary officers at the State Bank of India, the pay for SBI POs is highly alluring. For newly recruited POs, the net income is around Rs. 52,820 per month after deductions, with an initial salary of Rs. 41,960 with four advance increments. SBI POs can only make up to one Lacs per month after working for the bank for a number of years. The
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