SBI PO Salary 2024 After 2, 3, 5, 10 Years, Complete Information

SBI PO Salary 2024

SBI provides one of the most prestigious and challenging government jobs in India for Probationary Officers (POs). 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 – Overview

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 consist of 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

Salary Deductions for SBI Probationary Officers

From the gross monthly salary of INR 65,780 for an SBI Probationary Officer, certain deductions are made before the officer receives their net take-home pay. These deductions are detailed below:

Particulars	Amount
PF Contribution	4,196
Income Tax	3,290
Professional Tax	200
Contributory Pension Fund	5,274
Total Deductions	12,960

Details	Amount
Gross Salary	65,780
Total Deductions	12,960
Net In-hand Salary	52,820

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

SBI PO Salary 2024 After 2 Years

Candidates who are interested to know about salary increment after 2 years. Here we complied 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. Basic pay of an SBI PO Officer on the 2nd year would be 55,800 after getting increment of INR 1,490. For the 3rd year increment the officer will get the same increment amount as 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.

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 – 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 enough information on SBI PO Salary After 2,3,5,10 Years. For more information like this visit Oliveboard Website.

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