SBI PO Salary Structure 2019, Joining, Training & Career Growth - Know Here

SBI PO Salary Structure 2019
Dear Students, We are sharing SBI PO Salary Structure(Basic Pay / Starting Salary / Pay Scale / CTC), Joining, Training & Career Growth. We hope all these information will be very helpful to all those who are preparing and wish to prepare for SBI PO recruitment examination.

SBI PO 2019 Notification PDF Download

SBI PO Cut Off

SBI PO Salary:
Presently, the starting basic pay is 27,620/- (with 4 advance increments) in the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I. The official will also be eligible for D.A, H.R.A/ Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time. The total compensation per annum on CTC basis be a minimum of 8.20 lacs and maximum of 13.08 lacs depending on place of posting and other factors.

SBI PO Basic Pay / SBI PO Starting Salary:
Rs. 27,620/- Per month
SBI PO Pay Scale:
23700-980/7-30560-1145/2-32850-1310/7-42020(Junior Management Grade Scale-I)
minimum of 8.20 lacs and maximum of 13.08 lacs

SBI may offer, subject to necessary approvals, a SMART Compensation Package which would enable candidates a choice to monetize specific elements of the salary package.

SBI PO Joining, Training & Career Growth:
The selected candidates will be exposed to basic banking knowledge, before joining, through an online course and will have to complete this course before joining. The selected candidates, at the time of joining, will have to execute a Bond for a value of 2.00 lac ( Two lac only) to serve the Bank for a minimum period of three years. The Bond will be invoked by the Bank if the candidate resigns from the service of the Bank before expiry of three years from the date of joining.

On joining, the selected candidates will be designated as “Probationary Officers” and will be on probation for two years. They will be subjected to continuous assessment during the probation period. Those candidates who qualify in the assessment as per standards determined by the Bank from time to time, will be confirmed in the Service of the Bank in Junior Management Grade Scale-I (JMGS-I). Further, those officers who achieve higher standards/ scores stipulated by the Bank, may be considered for direct placement in the next higher grade, Middle Management Grade Scale-II (MMGS-II) immediately after confirmation.

If any candidate fails to achieve minimum standards stipulated, his/ her services may be terminated as per policy of the Bank in force at the material time.

Bank provides immense opportunities for growth in career, including opportunities for posting abroad. The attractive promotion policy of the Bank provides an opportunity to the meritorious and exceptionally brilliant officers to reach the Top Management Grade in a reasonably quick time.

SBI PO 2019 Exam Important Dates:
SBI PO 2019 Events
Important Dates
On-line registration including Editing/ Modification of Application by candidates:
02.04.2019 to 22.04.2019
Payment of Application Fee/ Intimation Charges:
02.04.2019 to 22.04.2019
Download of call letters for online Preliminary Examination:
3rd week of May 2019 onwards
Online Preliminary Examination:
8th, 9th, 15th & 16th June 2019
Result of Online Preliminary Examination:
1st week of July 2019
Download of Call letter for Online Main Examination:
2nd week of July 2019
Conduct of Online Main Examination:
Declaration of Result of Main Examination:
3rd week of August 2019
Download of Call Letter for Group Exercises & Interview:
4th week of August 2019
Conduct of Group Exercises & Interview:
September 2019
Declaration of Final Result
2nd week of October 2019
Download of call letters for Pre-Examination Training(Pre-Examination Training for SC/ST/Religious Minority Community candidates):
2nd week of May 2019 onwards
Conduct of Pre- Examination Training(Pre-Examination Training for SC/ST/Religious Minority Community candidates):
4th week of May 2019