The SBI PO Salary remains one of the strongest reasons lakhs of aspirants apply for the exam every year. This guide explains the SBI PO salary structure, in-hand salary, pay scale, allowances, increment chart, CTC, career growth, and training-period salary. If you are preparing for the SBI PO exam, this article gives you every detail you need before choosing the banking career path.
What is the SBI PO Salary in 2026?
The SBI PO salary in 2026 starts with a basic pay of ₹56,480 (including four advance increments). The salary follows the revised pay scale of ₹48,480–₹85,920, ensuring steady growth with experience. Along with the basic pay, employees also enjoy perks like HRA, DA, medical benefits, travel allowance, and performance bonuses, making it one of the most rewarding jobs in the banking sector.
- In-hand salary: ₹80,000–₹85,000 per month
- Gross salary: ₹93,000–₹95,000 per month
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What is the salary structure for SBI PO?
The gross salary of an SBI PO is approximately ₹94,581 per month, and after deductions, the in-hand salary ranges between ₹84,000 and ₹85,000. The final in-hand salary may vary slightly depending on the job location, as allowances like HRA and City Compensatory Allowance differ based on the city of posting.
| Component | Amount (₹) |
|---|
| Initial Basic Pay (with 4 increments) | 56,480.00 |
| Dearness Allowance @ 19.83% | 15,327.01 |
| HRA (House Rent Allowance) | 4,518.40 |
| Location Allowance | 1,200.00 |
| Learning Allowance | 850.00 |
| Special Allowance | 14,967.20 |
| Gross Salary | 93,342.61 |
| Deductions | 12,993.00 |
| Net (In-hand) Salary | 80,350.00 |
What is the revised SBI PO Pay Scale?
The updated SBI PO pay scale is: ₹48,480–2000/7–62,480–2340/2–67,160–2680/7–85,920. This means:
- Starting pay: ₹48,480
- ₹2,000 increment for next 7 years → reaches ₹62,480
- ₹2,340 increment for next 2 years → reaches ₹67,160
- ₹2,680 increment for next 7 years → reaches ₹85,920
SBI PO Salary Slip
The SBI PO Salary Slip provides a monthly summary of a Probationary Officer's earnings and deductions. It typically includes components such as basic pay, dearness allowance (DA), house rent allowance (HRA), special allowance, and other applicable benefits. On the deduction side, it reflects contributions like provident fund (PF), professional tax, and pension fund. While the exact figures may vary depending on the posting location and applicable policies, the salary slip helps employees understand their gross income, deductions, and final in-hand pay.
What deductions are there in the SBI PO Salary?
Like all salaried employees, SBI POs have certain deductions from their salary like contributions to provident fund (PF), professional tax, and income tax. After these deductions, the final in-hand salary of an SBI PO is approximately ₹84,964 per month.
| Deduction | Amount (₹) |
|---|
| Employee PF Contribution | 5,648.00 |
| Professional Tax | 200.00 |
| Contributory Pension Fund | 6,845.00 |
| Union Association Membership | 300.00 |
| Total Deduction | 12,993.00 |
What allowances are given to a SBI PO?
Apart from the basic salary, SBI POs receive several allowances that contribute to their total earnings. These allowances vary based on the location and job role.
| Allowance | Details |
|---|
| Dearness Allowance (DA) | 19.83% of the Basic Pay |
| House Rent Allowance (HRA) | 7–9% depending on location |
| City Compensatory Allowance | 3–4% based on the city |
| Furniture Allowance | ₹1,20,000 |
| Medical Insurance | 100% for employees, 75% for dependents |
| Travel Allowance | AC 2-tier fare for official trips |
| Petrol Allowance | ₹1,100 – ₹1,250 |
SBI PO Salary Increment
The SBI PO salary follows a structured increment system that rewards employees with steady pay hikes over time. Starting with a basic pay of ₹48,480, Probationary Officers receive annual increments that increase their salary significantly. Over 16 years, the basic pay can rise to ₹85,980, excluding allowances and perks, making SBI PO one of the most rewarding roles in public sector banking.
| Period of Service | Increment Amount (₹) | Basic Salary (₹) |
|---|
| Initial Salary | – | 48,480/- |
| After 1st Year | 2,000/- | 50,480/- |
| After 2nd Year | 2,000/- | 52,480/- |
| After 7 Years | 2,000/- | 62,480/- |
| After 9 Years | 2,340/- | 67,160/- |
| After 16 Years | 2,680/- | 85,980/- |
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What are the gross and in-hand salaries of an SBI PO?
- Gross Salary: Approximately Rs 94,581 per month
- In-hand Salary: Ranges from Rs 80,000 to Rs 85,000 after deductions
What is the total annual compensation (CTC) for an SBI PO?
- Minimum CTC: Rs 8.20 Lakhs per annum
- Maximum CTC: Rs 13.08 Lakhs per annum
- At Mumbai Centre, the approximate CTC is Rs 20.43 Lakhs
SBI PO Perks & Benefits
SBI POs also enjoy various perks and benefits apart from their salary and allowances. These perks ensure financial stability and a comfortable lifestyle for employees.
- Pension Scheme – SBI offers a pension scheme for employees after retirement.
- Medical Benefits – 100% medical coverage for employees and 75% for family members.
- Leave Travel Concession (LTC) – Employees can avail LTC for domestic travel.
- Home and Car Loans – Concessional interest rates on housing, car, and personal loans.
SBI PO Job Profile and Career Growth
The SBI PO job profile offers both responsibility and growth. As a Probationary Officer, you'll be involved in tasks like customer handling, loan processing, account management, and supervising daily operations. During the two-year probation, officers receive hands-on training across various banking functions. After confirmation, promotions are frequent through departmental exams and performance reviews. With time, an SBI PO can rise to top management roles like General Manager or even higher. It's a role that combines financial stability, leadership, and long-term career potential.
Also Read: SBI PO Work Life Balance
What departments can SBI POs Work in?
Each role in SBI PO offers opportunities to gain specialized skills. After probation, SBI POs may be placed in:
- Retail Banking
- Credit & Loans
- Trade Finance
- Wealth Management
- Treasury
- Forex Operations
- Agricultural & Rural Banking
- Digital Banking
SBI PO Promotion
SBI POs undergo a probation period of two years before confirmation. During this time, they receive training in various banking functions. Before joining, candidates must sign a bond of ₹2 lakhs, committing to a minimum of three years of service. SBI offers excellent career growth opportunities, with promotions happening through exams and experience. The PO Career Growth is as follows:
- Assistant Manager
- Deputy Manager
- Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Deputy Managing Director
- Managing Director
- Chairman
What is the probation period and bond for SBI POs?
SBI places newly selected POs on a probation period to help them understand banking operations, branch work, and managerial responsibilities. To ensure continuity and commitment, the bank also requires candidates to sign a service bond at the time of joining.
- Probation period: 2 years
- Bond amount: Rs 2 lakhs
- Minimum service period: 3 years
What is the salary for a SBI PO Trainee?
At the start of their journey, SBI POs are placed in the Junior Management Grade Scale-I with a starting basic pay of ₹48,480, which already includes advance increments. Even during the training or probation period, candidates receive not just the basic pay but also allowances like Dearness Allowance (DA), House Rent Allowance (HRA) or leased accommodation, City Compensatory Allowance (CCA), and medical benefits. This ensures financial support from the very beginning of their career.
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What is the SBI PO Salary after 5 Years?
After 5 years of service, an SBI PO's basic pay increases to ₹58,480 due to annual increments of ₹2,000. At this stage, the officer also receives higher DA, HRA, and other allowances, making the total monthly salary approximately ₹75,000–₹82,000, depending on the posting location.
What is the SBI PO Salary after 7 Years?
After completing 7 years of service, the SBI PO's basic pay reaches ₹62,480. With higher DA, HRA, and special allowances, the monthly salary increases significantly, placing it in the range of ₹85,000–₹92,000 in many cities. This steady rise makes the role financially rewarding even in the early career stages.
What is the SBI PO Salary after 10 Years?
By the 10-year mark, an SBI PO's basic pay reaches approximately ₹67,160, as per the increment slabs. With accumulated experience, annual increments, and revised DA rates, the monthly salary often crosses ₹95,000–₹1,05,000, especially in metro postings with higher allowances. Long-term benefits like promotions, increased responsibilities, and performance perks further enhance compensation at this stage.
Key Takeaways
- SBI PO salary in 2026 offers ₹80,000-₹85,000 in-hand.
- Basic pay begins at ₹56,480 with steady increments.
- Total annual CTC ranges from ₹8.2L to ₹13L, higher in metros.
- POs enjoy top-tier allowances: DA, HRA, medical, travel, petrol & furniture.
- Career growth is fast officers can rise to Chairman level.
- Probation period is 2 years with a ₹2 lakh bond.
Read this article in Hindi also: SBI PO Salary Kitni Hai?
