A Detailed Explanation with Numbers State Bank of India (SBI) Probationary Officers (PO) are among the most sought-after banking jobs in India. The SBI PO salary structure is attractive, with a range of benefits, allowances, and deductions. This article provides a detailed breakdown of the SBI PO entry-level salary, including all components, in tabular form for better understanding. SBI PO Salary Structure: Overview The SBI PO salary is governed by the Joint Note signed between the Indian Banks' Association (IBA) and the United Forum of Bank Unions. The basic pay, allowances, and other benefits are revised periodically. As of 2023, the SBI PO salary structure is as follows: Component Amount (Approx.) Remarks Basic Pay ₹36,000 Revised as per the 11th Bipartite Settlement. Dearness Allowance (DA) ₹15,984 (44.4% of BP) DA is revised quarterly based on the Consumer Pr...
Career And Finance
Information about career, job, packages, finance, salary and personal goals