What is the salary of an SBI PO officer?
State Bank of India offers very attractive salary package in the banking sector and in the government sector too. The starting salary is about Rs. 12,93,000 per annum which attracts lacs of aspirants every year. Besides basic salary SBI PO enjoys various allowances such as Dearness Allowance, City Compensatory Allowance, HRA or House Rent Allowance, Furniture Allowance, Medical Allowance, Travelling Allowance, Petrol Allowance, Newspaper Allowance, Entertainment Allowance, Briefcase Allowance, etc. SBI PO 2018 gets a job satisfaction with such heavy and encouraging package. These compensations range between 7.5 lacs to 12.9 lacs per annum which enable them to meet their family needs. The break-up of salary of SBI PO is given below: Basic Pay INR 27,620 Pay Scales Applicable 23,700 – 980/7 – 30,560 – 1,145/2 – 32,850 – 1,310/7 – 42,020 Dearness Allowance 46.9% of Basic Pay City Compensatory Allowance 3% – 4% depending on City House Rent Allowance