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June 25th, 2016, 12:35 PM
Super Moderator
 
Join Date: Mar 2012
Re: State Bank Of Travancore Probationary Officer Salary

As you want I am here giving you salary detail for Probationary Officers (PO’s) at State Bank Of Travancore (SBI).

SBI PO Salary :
Basic Pay:
Rs. 27620.00

Dearness Allowance (DA):
Revised DA for the quarter 2015-2016 is 39.80% of the Basic Pay.
In Banks, DA is revised quarterly and is based on the CPI data as revealed by Government of India.

CCA:
This is paid @ 4%, 3% or 0% depending on the place of posting.

Special Allowance:
For officers it is paid @ rate of 7.75%

Perks

Accommodation
Leased accommodation range from Rs 8,000/- in ‘C’ category Centers to Rs 29,500/- in Mumbai Centre.

Traveling Allowance
Home Travel Concession/ Leave Fare Concession.

Medical Aid
Medical Aid for self (100%) and for family (75%).

Career Growth :

Junior Management Grade – Scale I: Officer
Middle Management Grade – Scale II: Manager
Middle Management Grade – Scale III: Senior Manager
Senior Management Grade – Scale IV: Chief Manager
Senior Management Grade Scale V: Assistant General Manager
Top Management Grade Scale VI: Deputy General Manager
Top Management Grade Scale VII: General Manager


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