SBI PO Salary 2024 After 2 3 5 10 Years: SBI provides one of the most prestigious and challenging government jobs for probationary officers (POs) in India. As a PO at SBI, you will get a basic starting salary of Rs. 41,960 with 4 advance increments. The salary structure follows a range from Rs. 36,000 to Rs. 63,840. In this blog, we will discuss the SBI PO Salary after 2, 3, 5, and 10 years.
SBI PO Salary 2024 After 2, 3, 5, 10 Years
The salary for SBI PO posts is appealing, starting at Rs. 41,960 (plus 4 advance increments). These jobs are highly sought-after among banking aspirants due to their attractive pay and benefits. The given table consists of the SBI PO salary structure as per the latest notification.
| Component | Amount |
| Basic Pay | Rs. 41,960 |
| Special Allowance | Rs. 6,881 |
| DA | Rs. 12,701 |
| Location Allowance | Rs. 700 |
| Learning Allowance | Rs. 600 |
| Special Allowance | Rs. 6,881 |
| Gross Salary | Rs. 65,780 |
| Deductions | Rs. 12,960 |
| Net Salary | Rs. 52,820 |
SBI PO Salary 2024 After 2 Years
Candidates who are interested to know about salary increments after 2 years. Here we compiled the answer you are looking for. The Basic pay of SBI PO is INR 1,490. An SBI PO officer usually gets 4 advance increments. The 2nd year increments will be INR 54,310. This will be the 1st increment of SBI PO. The increment is offered with the basic pay INR. 54,310. Approximately the In hand salary after 2nd year would be 55,800.
| Details | Amount |
| Basic Pay | 41,960 |
| Advance Increments | 4 |
| Basic Pay after Advance Increments | 47,920 |
| Increment after 2 years | 6,390 |
| Basic Pay after 2 years (1st Increment) | 54,310 |
| Approximate In-hand Salary after 2 years | 55,800 |
SBI PO Salary 2024 After 3 Years
Candidates looking for information on SBI PO Salary after 3 years. Here is the perfect answer for you. The basic pay of an SBI PO Officer in the 2nd year would be 55,800 after getting an increment of INR 1,490. For the 3rd year increment, the officer will get the same increment amount as the previous that is INR 1,490. So approximately the in-hand salary will be Rs. 57,290.
| Year | Basic Pay (INR) | Increment (INR) | Approximate In-hand Salary (INR) |
| 1 | 47,920 | – | – |
| 2 | 54,310 | 6,390 | 55,800 |
| 3 | 55,800 | 1,490 | 57,290 |
SBI PO Salary 2024 After 5 Years
This table shows the increment and basic salary structure for SBI POs over the years, highlighting the potential for salary growth.
- SBI PO Salary After 5 Years (Basic Pay) – Rs. 41960
- SBI PO Salary after 5 years in hand (net pay) – Rs. 60270 (approximately)
| Time | Increment | Basic Salary |
| First 7 years | Rs. 1490 | Rs. 36,000 |
| Next 2 years | Rs. 1740 | Rs. 46,430 |
| Another 7 years | Rs. 1990 | Rs. 63,840 |
SBI PO Salary 2024 After 10 Years
Here’s the table with the details on SBI PO salary after 10 years:
| Particulars | Amount (INR) |
| Basic Pay after 10 years | 49,910 |
| Approximate In-hand Salary after 10 years | 64,815 |
Notes:
- After 10 years of service, the basic pay for an SBI Probationary Officer is expected to be Rs. 49,910.
- Taking into account the basic pay and other allowances, the approximate in-hand salary for an SBI PO after 10 years is estimated to be around Rs. 64,815.
- The salary increases over the years due to increments in the basic pay, as well as additional perks and allowances provided by the bank.
SBI PO Salary 2024 After 20 Years
Check how much the SBI PO Salary reaches after 20 years of service.
| Particulars | Amount (INR) |
| SBI PO Salary After 20 Years (Basic Pay) | Rs. 63840 |
| Approximate In-hand after 20 years | Rs. 80360 (approximately) |
SBI PO Salary – Allowances and Benefits
- Dearness Allowance (DA): Revised quarterly, based on the CPI.
- House Rent Allowance (HRA): Varies from 7% to 9% depending on the place of posting.
- Travel Allowance: Fixed amount provided annually.
- Medical Benefits: Comprehensive medical coverage for employees and family members.
SBI PO Salary – Career Growth and Additional Perks
- Promotions: Opportunities for advancement to higher administrative roles.
- Performance-Based Incentives: Additional bonuses based on annual performance reviews.
- Pension Scheme: Contributory pension scheme and gratuity benefits.
- Employee Provident Fund (EPF): Contribution towards retirement savings.
Hope this article provides you with enough information on SBI PO Salary After 2,3,5,10 Years. For more information like this visit Oliveboard Website.
Salary Deductions for SBI Probationary Officers
Certain deductions are made before the officer receives their net take-home pay from the gross monthly salary of INR 65,780 for an SBI Probationary Officer. These deductions are detailed below:
| Details | Amount |
| Gross Salary | 65,780 |
| Total Deductions | 12,960 |
| Net In-hand Salary | 52,820 |
| Particulars | Amount |
| PF Contribution | 4,196 |
| Income Tax | 3,290 |
| Professional Tax | 200 |
| Contributory Pension Fund | 5,274 |
| Total Deductions | 12,960 |
SBI PO Salary 2024 After Probation Period
Here is the table with the details for SBI PO Salary 2024 during the training period:
| Particulars | Details |
| Basic Salary | Rs. 41,960 (including 4 advanced increments) |
| Pay Scale | Junior Management Grade Scale-I (Rs. 36,000 – Rs. 63,840) |
| Allowances | – Dearness Allowance (D.A.) – House Rent Allowance (H.R.A.) / Lease Rental – City Compensatory Allowance (C.C.A.) – Medical Allowance – Other benefits as per prevailing rules |
Also, check related Blogs:
| SBI PO Notification 2024 | Click here |
| SBI PO Exam Preparation | Click here to Check |
| SBI PO Application Form | Click here to Check |
| SBI PO Eligibility Criteria | Click here to Check |
| SBI PO Salary 2024 | Click here to Check |
| SBI PO Selection Process | Click here to Check |
| SBI PO Syllabus | Click here to Check |
| SBI PO Mock Test | Click here to Check |
| SBI PO Online Coaching | Click here to Check |
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SBI PO Salary After 2,3,5,10 Years – FAQs
Ans. The Inhand salary of SBI PO after 5 years will be approximately Rs.60,270.
Ans. The Inhand salary of SBI PO after 5 years will be approximately Rs.64,815.
Ans. The basic pay of a probationary offer will be Rs.23,700.
Ans. Yes, factors such as performance appraisals, promotions, revisions in the salary structure, and changes in government regulations can also impact the salary progression of an SBI PO over the years.
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