SBI Bank PO Salary | Eligibility Criteria | Salary Information: State Bank of India will be releasing the official notification for the post of recruitment of Probationary Officers. SBI is the largest Indian Government banks of India. The establishment of SBI is in the year July 1955. SBI department has invited several job candidates from India. The head quarters of SBI are located in Mumbai. The SBI organization is controlled by central Government in India. Every month SBI department will publish more job vacancies in SBI industry in the district. Candidates will able to get the official application by referring to this article. All interested and eligible candidates have to apply SBI on or before last date of admission. SBI Bank is an Indian multinational bank and other financial services. Here is the article about eligibility criteria, salary details and other information for the  post of SBI Bank PO Salary.

Eligibility Criteria for SBI Bank PO

Age Limit: Candidate must have 21 years age for SBI PO exam. The maximum age to apply for the Probationary Officer is 30 years. The age relaxation of the candidates is as follows.

For SC/ST candidates: 35 years

Other Backward Classes: 33 years

PWD (General/EWS): 40 years

Educational Qualification

The candidate must complete undergraduate degree from a recognized university. All the final year university students who are interested can also apply. The candidates having integrated dual degree or integrated masters have to submit proof of getting graduation certificates. The candidate qualifying for chartered accountancy can also apply for SBI PO exam.

How to apply for SBI PO Exam?

  • Candidate should visit the website of SBI.
  • Open the application form and register to fill the required data.
  • Login  with registration number and password given in the registered mail id.
  • Fill in all the required information in the application form carefully.
  • Candidate should upload passport size photograph and signature.
  • After filling up the form pay the application fee to submit the application form.
  • Take a printout copy of the application fee for future reference.

Application Fee for SBI Bank Probationary Officer

The payment can be done through online. The payment process can be done by using debit card, credit card, and internet banking.

Category

Application Fee

General/UR

700/-

OBC/EWS

700/-

SC/ST/PWD

No Fee

Admit Card for SBI PO

To get eligible to sit  for the SBI PO exam every candidate needs to download their admit card from the official website of the state bank of India using the required details. Without this admit card the candidate will not be allowed to sit for the examination.

SBI PO Exam Pattern

The candidates first qualify the Preliminary examination after that main examination which is called SBI PO Mains. After qualifying for the mains examination the candidates will be shortlisted for further group discussion or personal interview. The exam contains 100 multiple choice questions from three different sections.

Result for SBI Bank PO

The exam declares the result of prelims after completing. If any of the SBI PO examination centres causes technical difficulty it may take a few days to declare the results. Every test contains a specific cut off marks that indicates which of the candidates will proceed for the next round.

Selection Process for SBI PO Exam

The selection process can be done in three stages

  • Preliminary Exam
  • Main Exam
  • Interview
Training, Salary, Allowances, and Promotion for SBI PO

After successfully completing all the process of the exam, all the candidates will join the organization as probationary officer. To reach the role of assistant manager candidates need to pass various stages.

Training Period

After completing the SBI PO exam, all the selected candidates will join the branch as junior manager for the period of 2 years. During the probation period, junior managers will be posted in different settings to assist the senior managers. They may get 2 or more transfers to occupy work experience in different work settings and environments.

Salary

The joining salary will be 27, 620. During the probation period of 2 years, all the junior managers will receive three advance increments.

Basic Pay

41960

Special Allowance

6881

DA

12701

Location Allowance

700

Learning Allowance

600

HRA

2937

Gross Salary

65780

Deduction

12960

Net Salary

52820

Deductions of SBI PO

PF Contribution: 4196/-

Income Tax: 3290/-

Professional Tax: 200/-

Pension Fund: 5274/-

Total Deductions: 12960/-

Allowances of SBI PO

  • Dearness Allowance
  • City Compensatory Allowance
  • House Rent Allowance
  • Furniture Allowance
  • Medical Insurance
  • Travelling Allowance
  • Petrol Allowance
  • Newspaper Allowance, Entertainment Allowance
  • Books Allowance

Promotion of SBI Bank PO

  • Assistant Manager
  • Deputy Manager
  • Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Deputy Managing Director
  • Managing Director
  • Chairman

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