State Bank of India along with the Institute of Banking Personnel and Selection conducts the recruitment process for the post of Probationary Officers at various branches of SBI across India. A large number of candidates apply for the post and one of the reasons is the various perks and benefits offered in these government jobs. 

 

Here we will be discussing various perks and benefits offered under SBI PO Job Profile. State Bank of India conducts the recruitment process for the post of Probationary Officers. In order to be considered for the post, candidates have to qualify the preliminary exam, main, and then the interview. Read the article below to know more about the perks and benefits of the SBI PO Job Profile.

 

State Bank of India: Probationary Officer Job Profile

Any SBI PO salary includes the basic salary and apart from that various benefits and allowances are offered which are discussed in detail below:

Allowances
Basic Pay 41960
Special Allowances 6881
Dearness Allowances 12701
Location Allowances 700
Learning Allowances 600
House Rent Allowances 2937
Gross Salary 65780
Deduction (PF) 12960
Net Salary 52820

 

Apart from the salary discussed above, various perks and benefits received by State Bank of India PO are listed below:

  • Leased House Accommodation
  • Furniture Allowance
  • Medical Allowance
  • Travelling Allowance
  • Petrol

Apart from these mentioned perks, any SBI PO will receive numerous monthly perks like tea and coffee, newspaper, and entertainment allowances up to 4000. SBI PO is eligible for various types of loans like a home, car, or any other personal loan at minimum rates. 

 

SBI PO: Job Profile and Career Growth

Any employee working as a probationary officer will work for a probation period of 2 years during which they will learn about the functioning of the bank and duties related to the profile.

During the probationary period, employees will be provided training in various fields like Retail Banking, Rural Banking after the completion of which they have to undergo a screening process after which they will be confirmed as Officer Middle Management Grade Scale-II. Depending on the performance in the screening and vacancies for SBI PO will be provided promotions that follow the path mentioned below:

 

  • Probationary Officer (Assistant Manager, JMGS – I)
  • Deputy Manager (MMGS)
  • Manager (MMGS)
  • Chief Manager (MMGS)
  • Assistant General Manager (SMGS)
  • Deputy General Manager (TEGS)
  • Chief General Manager (TEGS)
  • General Manager (TEGS)