Bank PO Salary in India: SBI Bank PO Salary After 7th Pay Commission

By | February 11, 2021

Bank PO Salary in India: SBI PO (Probationary Officer) job offers a nice Career in India. The Po salary based on After 7th Pay Commission.

Bank PO Salary in India: SBI Bank PO Salary After 7th Pay Commission

Bank PO Salary in India

When it comes to making headway in a career as a banker, a probationary officer’s job is the best. This post is just like Junior Manager or Assistant Manager in the bank. Probationary officer jobs in public sector banks not only give better working style.

What are the Workings of Bank PO?

The works of Bank PO is very impressive, the role of Bank PO is the best in the bank. It does its work in a much better way, further, you told the work of SBI PO.

Bank PO’s work is to provide loans to customers. A loan gi checking what are the necessary papers, documents to provide a loan.

Bank PO also has to keep information on other areas. Like- Loan, Marketing, Accounting, Finance, etc. Bank PO (Probationary Officer) has to take care of the facilities provided to customers. Such as ATM Card, Check Book, Passbook. And information on customer-related problems, cash transaction issues, account problems, etc.

SBI Bank PO Salary After 7th Pay Commission

Bank PO Salary in India: Are you preparing for the job of Bank PO and eager to know all about the salary of the bank PO.

Salary of an SBI PO

The SBI PO basic salary (Probationary officer) offered in official notification 23700/-. The SBI PO (Probationary Officer) job has 4 advance increments of 980/-. And takes a final basic salary for this job of Rs 27620. After various allowances and deductions, an SBI PO receives Rs 45,000 as a final salary.

Salary of an IBPS PO

An IBPS PO (probationary officer) job in an Indian public sector bank achieves a basic salary for this job of Rs 23,000/- to 27,000/-. After adding various benefits and allowances to the basic salary. He gets a salary ranging from Rs 39,000 to Rs 42,000 as a final salary. The salary of the PO officer also varies with the destination of posting and the bank for which he chose.

RRB PO Salary

After adding all benefits and perks for the RRB PO job to an officer (Scale-I) in a Regional Rural Bank. He gets a salary of Rs 35,000 to Rs 40,000 as a final salary.

How to prepare for Bank PO?

Bank PO Salary in India: If individuals are interested in preparing for the bank exam, then today we are discussing the SBI PO Exam. And also will tell you about the qualifications and qualifications for the Bank PO. So, now let us tell you in detail about what is Bank PO and how to prepare for Bank PO.

To become a PO in a bank, you must know the right information. Like what should be the educational qualification for a bank PO and what is the pattern of the Bank PO Exam. If you will prepare for the Bank PO Exam by preparing the right strategy. Then you will be able to clear this exam really, so let us first tell you about what Bank PO Eligibility.

Bank PO Qualification

For Bank PO, Candidates must have passed graduation from 55% percent. from any recognized university. The educational qualification for the recruitment of SBI PO determined BA, BCom, BSc. And engineering graduates can also take the Bank PO exam. Your Graduation for the exam of Bank PO should be completed. Irrespective an individual has any kind of discipline of graduation degree.

Bank PO Age Limit

For applying for the job of PO in any kind of bank. The required minimum age of the candidate should be 21 years. And a maximum age for applying should be 30 years. While the relaxation of 3 years for OBC class is 5 years for SC / ST class. And a 10-year exemption has prescribed for the general category.

How To Get SBI PO Job?

Bank PO Salary in India: If you are preparing for SBI Bank PO, then you will have to work hard for it. As well as you should know about the exam pattern of the SBI PO exam. And SBI Bank PO syllabus, etc.

SBI Bank PO Exam Paper

SBI Bank PO Exam Paper conducted in 3 phases.
• Preliminary Examination
• Main Examination
• Interview

Preliminary Examination

After applying to SBI Bank PO, the candidate has to appear in its preliminary examination. i.e. Preliminary Examination. In this exam, the candidate asked alternative questions of 100 Marks. Which given 1 hour to solve, and the Negative Marking of .25 done for each wrong answer.

Main Examination

The main exam is the second phase of the SBI exam. Only those candidates who have completed their Preliminary Exam can eligible for this exam. This exam is also done online. There are two sections in this exam of SBI PO, optional and descriptive.

In the first part, 155 optional questions of 200 marks asked. For which 3 hours time given, although different times prescribed for each subject. In the second part, the descriptive test of 50 marks taken for which 30 minutes time given.

Interview

Those candidates who clear both the preliminary and main examinations. Called for the final stage of SBI Bank PO i.e. Interview. In this, some questions asked the candidate to check their qualifications. Which the candidate has to answer and in this stage.

SBI PO 2021 Syllabus

The SBI Bank PO Exam Syllabus is similar in comparison to other bank exams. Both preliminary exam and main exam based on English and Reasoning. And the exam syllabus for both these parts is based on the same except for some subjects.

SBI PO Syllabus mentioned below for both preliminary and main examinations. English language It is necessary to have knowledge of the English language for the Bank PO Exam. Like- General English, Vocabulary, Sentence Correction, Spelling Section, etc.

Computer Many topics related to computers come in computer topics. Like – History of computer, MS-Office, MS Word, Hardware, Software, etc.

Current Affairs covers Indian and International Economy, Indian Constitution, Sports, Bank Rules, Daily Events. Quantitative Aptitude Mathematics based questions asked in this subject. Like simple interest, percentage, average, time and distance, profit and loss, etc.

Now from the information given above, you will not have much problem preparing for bank PO. And this will help you a lot. If you want to get a bank PO job, then you have to study it with the right strategy, only then you will be able to succeed in it. Your friends, who are preparing for banking, must also share this post with them.

Total Achievements Notification for State Bank of India PO has issued. Thus, before applying for this post, we will share some information about it with you. So that you can understand it well. If you want to know how much salary you will get after passing the prestigious SBI PO exam.

Understanding job salary and compensation are necessary as understanding the job profile. Knowing this in advance not only avoids unexpected surprises after joining the State Bank of India. But also gives an extra edge in planning for your life. Here we have included important doubts arising in the mind of the aspirant. Everyone must read it.

Information based on the job of SBI PO salary as per this year’s notification.

The pay scale for the job of PO (probationary officer) in the State Bank of India is given below:

Applicable Pay Scale (Junior Management Grade Scale-1- 23700-980 / 7-30560-1145 / 2-32850-1310 / 7-42020. Currently, for this job profile, the Initial basic salary is 27,620 /- (the job has 4 advance increments). Not only this, as per the rules applicable from time to time. Officers will be eligible to receive the rent of DA, HRA / lease, CCA, medical. And other allowances and perquisites.

All allowances may vary depending on the place of posting. The total compensation for this job, based on the place of posting and based on other factors. It will be a minimum of 7.55 lakhs per annum and a maximum of 12.93 lakhs. Also, the State Bank of India is offering to offer a smart compensation package to the candidates.

Question and Answer 

Will I get a salary during the probation period?

Yes, all applicants chose for the post of officer placed on a probation period based on two years. At the period of probation, you will find the same salary as given above.

Will I actually get 12 lakh rupees per year?

12 lakh rupees not received directly in your hands. But yes, the total compensation can reach up to 12 lakh rupees per annum, which will include:

  • Basic salary of you
  • Allowance of dearness
  • Allowance of city reimbursement
  • Public Provident Fund (PPF) and Tax
  • Necessary allowances like- petrol, newspaper, entertainment, tea, and coffee.
  • Leased/rented house (or staff quarters available at the place of posting)

Also to the basic salary, the compensation amount for other things paid based on the place of posting. And in this way, the compensation will fall within the bracket of 8 to 12 lakhs. Now, you start preparing for SBI PO.


Leave a Reply

Your email address will not be published. Required fields are marked *