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November 29, 2024SBI PO Career: The State Bank of India will soon release an official notification for recruitment of Probationary Officers. The exam will be held in three stages, i.e Prelims, Mains and Personal Interview. The applications will be available on the official website once released, and around 2000 vacancies are expected to be filled.
The SBI PO is an annual examination conducted by the State Bank of India, and it is one of the most sought after banking jobs in the country and lakhs of aspirants apply for it every year. In this article, we take a look at the job profiles of SBI PO candidates and the salary they’ll be earning. Read on to find out more.
Let us take a look at important details of the SBI PO Exam 2025.
Exam Name | SBI PO |
Organising Authority | State Bank of India (SBI) |
Post Name | Probationary Officer (PO) |
Vacancies | To Be Announced |
Exam Frequency | Annual |
Exam Level | National |
Mode of Application | Online |
Mode of Examination | Online (CBT) |
Application Window | To Be Announced |
Exam Date | To Be Announced |
Exam Language | English/Hindi |
Official Website | https://sbi.co.in/web/careers |
Learn SBI PO Prelims Exam Concepts
On successful completion of the two year probation period serving as a SBI PO, the candidates will be eligible for promotion for these below mentioned positions:
Post-Probation, candidates are screened and if they seem eligible, they are promoted to the post of Assistant Bank Manager, and then to the higher positions.
As SBI POs, employees are expected to perform several duties to get promotions and grow in their banking career. A few of these SBI PO career responsibilities are given below.
Practice SBI PO Prelims Exam Questions
Employees performing consistently well and getting the bank to reach higher standards will be suitably rewarded in the form of promotions. The promotion cycle of certain positions are given below.
Managers
Assistant Manager (PO) → Deputy Manager → Manager → Chief Manager |
General Managers
Assistant General Manager → Deputy General Manager → General Manager → Chief General Manager |
Executive Level
Managing Director → Chairman |
We have mentioned the SBI PO Salary structure as per the revised salaries of the SBI PO post. Take a look.
Salary Structure | Amount |
Basic Pay | Rs. 41,960 |
Special Allowance | Rs. 6,881 |
DA | Rs. 12,701 |
Location Allowance | Rs. 700 |
Learning Allowance | Rs. 600 |
HRA | Rs. 2,937 |
Gross Salary | Rs. 65,780 |
Deduction (PF/Income Tax/Professional Tax/Pension) | Rs. 12,960 |
Net Salary | Rs. 52,820 |
As a government servant, employees are entitled to many perks and benefits offered to them in their SBI PO Career. A few of them are listed below.
Allowance | Amount |
Dearness Allowance | 26% of the Basic Pay |
City Compensatory Allowance | 3% – 4% depending on location |
House Rent Allowance | 7% – 9% depending on Place of Posting |
Furniture Allowance | Rs. 1,20,000 |
Medical Insurance | 100% covered for employee | 75% covered for dependent family |
Travelling Allowance | AC 2-tier fare is reimbursed to the employee for official travels |
Petrol Allowance | Rs. 1,100 – 1,250 |
Newspaper Allowance, Entertainment Allowance, Books Allowance, etc. | Varies based on Cadre |
Along with the lucrative in-hand salary, SBI PO employees also enjoy various perks as listed below:
1. Contribution Pension Scheme/New Pension Scheme.
2. Medical Aid for self (100%) and for family (75%).
3. LTC.
4. Home Travel Concession/ Leave Fare Concession.
5. Concessional interest rates for Housing/Car/Personal Loans.
Attempt SBI PO Prelims Exam Mock Tests
Let us take a look at a few frequently asked questions related to SBI PO Career.
Que 1: What are the posts that candidates will be eligible for after probation?
A. Candidates successfully completing probation for two years will be eligible for the posts of Assistant Manager, Deputy Manager, Manager, Chief Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Deputy Managing Director, Managing Director, Chairman.
Que 2: What will be the SBI PO employee salary?
A. The starting basic pay of an SBI PO employee will be Rs. Rs.27,620/- with 4 advance increments.
Que 3: What kind of allowances will SBI PO employees be entitled to?
A. The SBI PO allowances that employees are entitled to are Dearness Allowance, City Compensatory Allowance, House Rent Allowance, Furniture Allowance, Medical Insurance, Travelling Allowance, Petrol Allowance.
Que 4: What is the bond period and amount to join SBI as a PO?
A. At the time of joining, the candidates will have to sign a bond of Rs. 2 lakhs and serve the bank for a minimum of three years.
Que 5: When will the SBI PO Exam 2025 be held?
A. The SBI PO Exam 2025 will be held in the month of June, 2025, although the exact dates have not been announced yet. Stay tuned to this page for related updates.
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We hope this article on SBI PO Career has given you an idea of the SBI PO Job profiles and salaries. Stay tuned to embibe.com for more updates related to SBI PO Exam.