The SBI SO Salary 2025 is one of the most attractive aspects of the SBI Specialist Officer post. The SBI SO salary varies depending on the post and experience. Along with the basic salary, SBI also offers various allowances such as DA, TA, HRA, and other perks. These often include medical insurance, pension schemes, and other perks that enhance job satisfaction and financial security. The SBI SO role is among the highest positions in the bank, offering an attractive salary and career growth opportunities. Check the details of the SBI SO Salary 2025 in the article below.
What is the salary for SBI Specialist Officers?
The SBI SO salary for 2025 ranges approximately from ₹6.20 lakh to ₹44.70 lakh per annum, depending on the position. These pay packages include fixed pay along with reimbursements and performance-linked components, making them highly rewarding for professionals with strong experience in their respective fields.
What is the salary structure for the SBI SO posts?
Each SO post in SBI includes a compensation, which includes a fixed salary, reimbursable allowances, and Performance Linked Pay (PLP). While the fixed portion is the base of the package, the PLP varies according to the employee's annual targets and evaluation.
| Component | VP Wealth (SRM) | AVP Wealth (RM) | Customer Relationship Executive |
|---|
| Fixed Pay | ₹30 lakh | ₹20 lakh | ₹4 lakh |
| Allowances (Conveyance, Mobile, Medical) | ₹1.16 lakh | ₹1.16 lakh | ₹0.77 lakh |
| Performance Linked Pay | 45% of Fixed Pay | 45% of Fixed Pay | 35% of Fixed Pay |
| Annual Increment Band | 0%–25% | 0%–25% | 0%–25% |
What perks and benefits do SBI SOs receive?
Apart from the salary package, SBI offers several monetary and professional benefits to candidates appointed on a contractual basis. While these positions do not provide standard officer benefits like pension, employees still enjoy various allowances and facilities, including:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- City Compensatory Allowance (CCA)
- Provident Fund (PF)
- National Pension System (NPS)
- Leave Fare Concession (LFC)
- Medical cover for the employee and dependents
- Other bank-approved perquisites
Is SBI SO 2025 a Contractual Role?
Yes, all three positions, VP Wealth (SRM), AVP Wealth (RM), and CRE, are offered strictly on a contractual basis. Key contract features include:
- Contract Term: 5 years
- Renewal Option: Extendable for an additional 4 years
- Notice Period: 2 months (either side)
- Salary Negotiation: Based on experience and current CTC
How is Performance Linked Pay (PLP) calculated for SBI SOs?
PLP is awarded as a percentage of the fixed salary and is entirely dependent on annual performance outcomes. Since these roles heavily involve client management, sales achievements, and portfolio growth, employees who consistently meet targets can significantly boost their annual income.
- VP Wealth/AVP Wealth: 45% of fixed pay
- Customer Relationship Executive: 35% of fixed pay
Do SBI SOs Receive Annual Increments?
Yes, all SBI SO posts are eligible for an annual increment between 0% and 25%, determined by performance evaluations. These increments reward consistent achievement in relationship management, compliance, and client engagement.
What is the final annual package range for SBI SO posts in 2025?
The total yearly package varies according to performance, allowances, PLP, and increments. Overall, the compensation remains competitive and aligns well with industry standards for wealth and relationship management roles.
| Post | Maximum Annual Package |
|---|
| VP Wealth (SRM) | Up to ₹45 lakh |
| AVP Wealth (RM) | Up to ₹30 lakh |
| Customer Relationship Executive | Up to ₹6.2 lakh |
