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 attractive salary and career growth opportunities. Check the details of the SBI SO Salary 2025 in the article below.
SBI SO Salary 2025
The SBI SO recruited employees receive a competitive salary along with multiple perks and allowances. The monthly salary for an SBI SO ranges from Rs. 30,000 to Rs. 1,00,000, based on the job role and grade. The salary structure also includes additional benefits like medical insurance, pension schemes, and housing allowances. Along with this allowances, there are also some deductions in the SBI SO Salary like - NPS, Income Tax, and some other. Check the SBI SO Salary Structure 2025 below for more details.
SBI SO Salary Structure 2025
The SBI Specialist Officer (SO) salary structure comprises multiple components that provide financial stability and security. Officers receive a Basic Pay ranging from Rs. 30,000 to Rs. 1,00,000 per month, along with a Dearness Allowance (DA) of approximately 46% of Basic Pay. The House Rent Allowance (HRA) varies between 7% to 10% of Basic Pay, based on the job location. Additionally, they receive a Special Allowance ranging from Rs. 7,000 to Rs. 15,000 per month.
Component | Amount (Approximate) |
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Basic Pay | Rs. 30,000 – Rs. 1,00,000 per month (Depending on the category) |
Dearness Allowance (DA) | Around 46% of Basic Pay |
House Rent Allowance (HRA) | 7% to 9% or 10% of Basic Pay |
Special Allowance | Rs. 7,000 – Rs. 15,000 per month |
City Compensatory Allowance | Varies based on posting location |
Leased Accommodation | As per actuals |
Medical Insurance | Coverage for employees and dependents |
SBI SO Pay Scale 2025
SBI divides its Specialist Officers into different grades, each with a specific pay scale. Below is the pay scale for different posts:
Post Name | Grade | Pay Scale |
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Assistant Manager | JMGS-I | 36000-1490/7-46430-1740/2-49910-1990/7-63840 |
Assistant General Manager | SMGS-V | 89890-2500/2-94890-2730/2-100350 |
Manager | MMGS-III | 63840-1990/5-73790-2220/2-78230 |
Deputy Manager | MMGS-II | 48170-1740/1-49910-1990/10-69810 |
Chief Manager | SMGS-IV | 76010-2220/4-84890-2500/2-89890 |
Project Manager | MMGS-II | 48170-1740/1-49910-1990/10-69810 |
Senior Project Manager | SMGS-IV | 76010-2220/4-84890-2500/2-89890 |
SBI SO Post Wise Salary 2025
The salary for each post varies based on the responsibilities and experience required. Below is the post-wise salary range for SBI SO positions:
Post Name | Annual Salary (Approximate) | Details |
---|
Deputy Manager | Rs. 9.60 – 9.78 lakhs | Includes bonuses and allowances |
IT Officer (Scale I) | Rs. 2.88 – 3.84 lakhs | Monthly salary: Rs. 24,000 – 32,000 |
IT Officer (Scale II) | Rs. 4.08 – 4.80 lakhs | Monthly salary: Rs. 34,000 – 40,000 |
Relationship Manager | Rs. 1.7 – 3.9 lakhs | Responsible for client relationships |
Customer Relationship Executive | Rs. 2.7 – 4.1 lakhs | Average salary of Rs. 3.3 lakhs |
Assistant Vice President | Rs. 5.60 – 16.7 lakhs | Includes bonuses and additional benefits |
SBI SO Perks and Allowances 2025
Apart from the salary, SBI SOs receive additional benefits and allowances. These include:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- City Compensatory Allowance (CCA)
- Provident Fund (PF)
- Contributory Pension Fund (NPS)
- Leave Fare Concession (LFC)
- Medical Facility
- Other Perks
SBI SO Contractual vs Regular Posts
SBI recruits Specialist Officers under both contractual and regular employment. Here's the difference between the two:
- Contractual Posts: Initial contract for 1 year, extendable up to 5 years based on performance. Includes fixed salary and performance-based variable pay.
- Regular Posts: Officers get full bank benefits, including DA, HRA, CCA, PF, NPS, LFC, medical facilities, and more.
SBI SO Annual Increment and Performance Appraisal
SBI Specialist Officers receive an annual raise of up to 8% of their total compensation, provided they score at least 90% in their performance reviews. Reviews occur twice a year, determining additional pay based on performance scores, and ensuring rewards match achievements.
- Annual Increment: Up to 8% of total salary, depending on performance review.
- Performance Appraisal: Conducted twice a year, affecting salary increments and variable pay.
SBI SO Contractual Terms and Conditions
The terms for contractual SBI SO posts are mentioned in the table below. These terms outline the contract duration, termination policy, leave entitlement, appraisal process, salary structure, and job responsibilities for SBI SOs, providing clear guidelines for candidates.
Contractual Terms | Details |
---|
Contract Duration | Initially 1 year, extendable up to 4 years based on performance |
Termination Clause | Either party can terminate with 1 month's notice or payment in lieu |
Leave Entitlement | 30 days per year, subject to approval |
Performance Appraisal | Conducted twice a year |
Salary & Benefits | Includes DA, HRA, CCA, PF, NPS, LFC, medical facilities |
Responsibilities | Customer engagement, system management, troubleshooting |
SBI SO Roles and Responsibilities
SBI SOs handle various responsibilities depending on their job role. Some key responsibilities include:
Roles and Responsibilities | Details |
---|
Customer Communication | Engage with customers and business partners |
Task Management | Handle specialized banking operations |
System Administration | Maintain IT systems and security |
Troubleshooting | Resolve technical and operational issues |
Reporting | Prepare detailed operational reports |
SBI SO Annual Package
The annual Cost to Company (CTC) for SBI Specialist Officers (SO) depends on factors such as experience, current salary, and job location. The SBI SO Salary 2025 follows a compensation structure where 70% of the pay is fixed, and 30% is variable. Employees can expect annual salary increments as follows:
- First Year: 5% increase
- Second Year: 6.5% increase
- Third Year: 7% increase