SBI PO 2020 Job Profile and Salary

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SBI PO 2020 Job Profile and Salary

  • SBI PO is an all India competitive exam conducted by State Bank of India (SBI) to recruit Probationary Officers who work in various branches of SBI in India as well as abroad.
  • SBI PO is one of the most coveted jobs in banking sector which offers lucrative salary as well as excellent career progression.
  • The SBI Probationer Officer (PO) works in the Junior Management Grade Scale-I (JMGS-I).
  • It is a three stage recruitment process namely: Prelims, Mains and G.D and Interview.
  • The final merit list is prepared by considering the mains examination marks and Interview marks in the 75:25 ratio.

SBI PO 2020 Job Profile and Salary

Given below are all the important points related to SBI PO 2020 Exam: 

Name of Exam  SBI PO 2020 Exam
Conducting Body State Bank of India
Periodicity Annually
Exam Level National
Mode of Exam Online
Exam Rounds 3 (Prelims + Mains + Interview)
SBI PO 2020 Selection Stages Prelims, Main Exam, Group Discussion/ Interview
Candidates Expected to Register for SBI PO 2020 9-10 lakhs
Available Seats 2000
Job Location Across India
Official Website sbi.co.in
SBI PO Helpline 022 – 2282 0427

 

SBI PO 2020 Job Profile and Salary

SBI offers one of the greatest salary package along with other benefits as given below:

SBI PO Salary (Basic Pay) Rs 27620/-
Dearness Allowance Of SBI PO 46.9% of the basic pay
City Compensatory Allowance(CCA) 3% or 4%(depending on the place of posting)
Leased House Accommodation Minimum- Rs 8000/-(Rural areas)Maximum- Rs 29500/-(Urban Areas)
Furniture Allowance Rs 120000/-
Medical Insurance 100% for employees75% for families
Travelling Allowance Reimbursement for AC-2Tier (Exclusively for official travels)
Petrol Rs 1100-Rs 1300
Miscellaneous Rs 4000/-
Total Compensation(Annually) 7.5 lakhs to 12.9 lakhs
Loan Benefits Employees get Concession on interest rates

 

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