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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.
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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