State Bank of India has already initiated  SBI PO Recruitment 2017 process for the appointment of Probationary Officers in the branches of SBI throughout the country and overseas. SBI PO 2017 is the most awaited bank job opportunity for the candidates who are aspiring for banking jobs due to its good remuneration and employee benefits. Candidates should read about the details of Salary/Payscale of SBI PO provided. The eligible candidates should not miss the chance to apply for SBI PO 2017 before the last date i.e March 6, 2017. The registration can be done through the online format available at the official website.

The finally selected candidates will be kept on two years probation period in which, they will be provided intensive training. After successful completion of training, the candidates will be considered for the screening process. The appointment of SBI Probationary Officer will be based on the performance in the predetermined standards may be confirmed and given placement in the next higher grade i.e., Officer Middle Management Grade Scale-II, others who qualify in the test but fail to achieve the standards set for placement in Middle Management Grade Scale-II, will be confirmed as Officer Junior Management Grade Scale-I. (ALSO READ: SBI PO Recruitment Exam 2017 Notification Released at sbi.co.in, Apply Now

Also read in Hindi: SBI में निकली बंपर भर्तियां, ऐसे करें अप्लाई

Payscale for SBI PO Exam 2017

  • Starting basic pay is Rs. 27,620/- (with 4 advance increments) in the scale of Rs.23700-980/7- 30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I.
  • The candidates will 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 would be a minimum of Rs. 7.93 lacs and maximum of Rs 12.95 lacs depending on the place of posting and other factors.

Comparing SBI Pay Scale with Other Bank Pay Scale
State Bank of India offers a SMART Compensation Package which would enable candidates a choice to monetize specific elements of the salary package. This is the main reason which forces most of the candidates to aspire for SBI PO Recruitment. Do not miss the chance to apply for SBI PO Exam 2017. Team India.com wishes candidates all the best for exams.