SBI SCO Salary 2025 for Deputy Manager and Credit Analyst

Published on 12 September 2025 by
SBI SCO Recruitment 2025

The SBI SCO Salary 2025 is one of the most attractive aspects of the Specialist Cadre Officer post. The pay package varies depending on the position and grade, with senior posts enjoying higher scales. In addition to the basic pay, employees receive Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), and other perks. Employees are also covered under pension and medical schemes, making the SBI SCO role a highly rewarding career option.

SBI SCO Salary 2025

Specialist Cadre Officers in SBI receive a competitive salary along with multiple allowances and benefits. The monthly salary for SCOs ranges from Rs. 64,820 to Rs. 1,05,280 depending on the grade. Apart from allowances like DA and HRA, certain deductions such as NPS and income tax are also applicable.

SBI SCO Salary Structure 2025

The salary structure of SBI SCO posts includes various components that provide financial security and growth opportunities. Officers not only receive basic pay but also allowances such as DA, HRA, CCA, and special allowances.

ComponentAmount (Approximate)
Basic PayRs. 64,820 – Rs. 1,05,280 per month (based on post and grade)
Dearness Allowance (DA)Around 46% of Basic Pay
House Rent Allowance (HRA)7% to 10% of Basic Pay depending on posting location
Special AllowanceRs. 7,000 – Rs. 15,000 per month
City Compensatory Allowance (CCA)Varies as per city of posting
Leased AccommodationProvided as per SBI rules
Medical InsuranceCoverage for employee and dependents
Download SBI SCO Notification 2025

SBI SCO Pay Scale 2025

SBI divides its SCOs into different grades, each having a fixed pay scale. The scale shows the starting basic pay, increments, and the maximum basic pay that can be drawn in that role.

Post NameGradePay Scale
Manager (Products – Digital Platforms)MMGS-III85,920-2680/5-99,320-2980/2-1,05,280
Deputy Manager (Products – Digital Platforms)MMGS-II64,820-2340/1-67,160-2680/10-93,960
Manager (Credit Analyst)MMGS-III85,920-2680/5-99,320-2980/2-1,05,280

SBI SCO Post Wise Salary 2025

The actual annual package of SCOs differs according to the role, responsibilities, and grade. Below is the approximate annual salary for the major posts.

Post NameAnnual Salary (Approximate)Details
Manager (Products – Digital Platforms)Rs. 12 – 15 lakhsIncludes allowances and perks
Deputy Manager (Products – Digital Platforms)Rs. 9 – 11 lakhsWith benefits like DA, HRA, and CCA
Manager (Credit Analyst)Rs. 12 – 15 lakhsIncludes bonuses, allowances, and medical benefits

SBI SCO Perks and Allowances

Apart from the fixed salary, SBI SCOs enjoy additional perks and allowances that significantly increase their in-hand salary and overall compensation. These allowances are linked to cost of living, location of posting, and job profile.

  • Dearness Allowance (DA)
  • House Rent Allowance (HRA)
  • City Compensatory Allowance (CCA)
  • Provident Fund (PF)
  • Contributory Pension Fund (NPS)
  • Leave Fare Concession (LFC)
  • Medical Facility for employee and family
  • Other perquisites as per bank policies

SBI SCO Contractual vs Regular Posts

SBI recruits Specialist Cadre Officers under both regular and contractual terms. The salary and benefits vary depending on the type of appointment.

  • Contractual Posts: Come with a fixed salary and performance-linked variable pay. The initial contract is for one year and may be extended up to five years.
  • Regular Posts: Employees enjoy full bank benefits including DA, HRA, CCA, PF, NPS, LFC, and medical facilities.

SBI SCO Annual Increment and Performance Appraisal

SBI SCOs are entitled to annual increments and appraisals based on performance. This ensures steady growth in salary and recognition for high performance.

  • Annual Increment: Up to 8% of total salary, depending on performance ratings.
  • Performance Appraisal: Conducted twice a year and directly impacts increments and variable pay.

SBI SCO Roles and Responsibilities

The responsibilities of SCOs depend on their specialization. Managers and Deputy Managers in digital roles handle product innovation and digital banking platforms, while Credit Analysts focus on credit appraisal and risk analysis.

  • Customer and stakeholder management
  • Product innovation and digital solutions (for IT and digital roles)
  • Credit proposal analysis and monitoring (for Credit Analysts)
  • Compliance and risk management
  • Reporting and governance
check SBI SCO Syllabus and exam pattern

SBI SCO Annual Package

The annual Cost to Company (CTC) for Specialist Cadre Officers in SBI ranges from Rs. 9 lakh to Rs. 15 lakh depending on the post. The package is a mix of fixed and variable pay, with about 70% being fixed and 30% linked to performance. Employees can also expect yearly increments and career progression opportunities.

FAQs

Q1: What is the salary of an SBI SCO in 2025?
A1: The salary of an SBI Specialist Cadre Officer in 2025 ranges from Rs. 64,820 to Rs. 1,05,280 per month depending on the post and grade. Annual packages vary between Rs. 9 lakh and Rs. 15 lakh.

Q2: Which allowances are included in the SBI SCO salary?
A2: SBI SCOs receive Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), Provident Fund, Contributory Pension under NPS, Leave Fare Concession (LFC), and medical facilities.

Q3: What is the pay scale for SBI SCO Manager and Deputy Manager posts?
A3: The pay scale for Manager (MMGS-III) is Rs. 85,920-2,680/5-99,320-2,980/2-1,05,280, while the pay scale for Deputy Manager (MMGS-II) is Rs. 64,820-2,340/1-67,160-2,680/10-93,960.

Q4: Do SBI SCOs get annual increments?
A4: Yes, SBI SCOs receive annual increments of up to 8% of their total salary, based on performance appraisals conducted twice a year.

Q5: Is there a difference between contractual and regular SBI SCO posts in terms of salary?
A5: Yes, contractual SCOs receive a fixed salary with performance-based variable pay, while regular SCOs enjoy full bank benefits including DA, HRA, CCA, PF, NPS, LFC, and medical coverage.