What is the in-hand salary of a SBI PO?

<p>SBI PO in hand salary ranges between INR 52,000 to 55,000 per month with the basic pay of INR&nbsp;41,960. The Gross compensation received lies between INR 8.20 Lakhs (minimum) to INR 13.08 Lacs (maximum) per annum. The SBI Probationary Officers are eligible for Lease Rental/ HRA, DA, Medical, CCA and other allowances besides basic pay.&nbsp;</p><p>The&nbsp;initial basic salary offered to an SBI<em>&nbsp;</em>Probationary Officer is INR 41,960 (with 4 advanced increments).&nbsp;As per the revised Bipartite Settlement With four advance increments in the compensation size of a Probationary Officer is&nbsp;36000-1490/7-46430-1740/2-49910-1990/7-63840.&nbsp;This means the PO will get a basic of INR 36000 with an increment of INR 1490 for the next 7 years, followed by a basic of INR 46430 with an annual increment of INR 1740 for the next two years and so on.&nbsp;The maximum basic salary for the officer can be INR 63840.&nbsp;</p>

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<p>SBI PO basic salary is INR 48, 480 (with 4 advance increments). This pay scale is applicable for Junior Management Grade Scale-I. The amount varies as per the place of posting. Employees posted in cities like Mumbai, Delhi, and Kolkata get comparatively more. Candidates are also entitled to the following benefits and allowances: Basic Pay Dearness Allowance City Compensatory Allowance (CCA) Leased House Accommodation Furniture Allowance Medical Insurance Travelling Allowance Petrol. The pay scale is INR&nbsp;48480-2000/7-62480-2340/2-67160-2680/7-85920&nbsp;applicable to Junior Management Grade Scale-I.</p>

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