The salary of an SBI PO officer is among the highest in the public sector banking industry in India. The basic pay of an SBI PO is INR 41,960 per month. However, in addition to the basic pay, SBI POs are also eligible for various allowances, such as:
- House Rent Allowance (HRA)
- Dearness Allowance (DA)
- City Compensatory Allowance (CCA)
- Medical Allowance
- Transport Allowance
- Leave Travel Allowance (LTA)
- Special Allowance
The amount of allowances varies depending on the location of the posting and the employee's grade.
On average, an SBI PO can expect to earn a gross salary of between INR 8.20 lakhs and INR 13.08 lakhs per annum. The in-hand salary of an SBI PO is typically between INR 52,000 and INR 55,000 per month.
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