SBI Specialist Officer Salary, Starting Salary Package, Pay Scale, Perks


SBI Specialist Officer Salary

SBI Specialist Officer Salary: Candidates must read this notification and get details about SBI Specialist Officer Salary. Candidates who desire to apply SBI Specialist Officer they must know about the Total Pay Scale of SO. Starting Salary Package for SBI SO is calculated considering all the perks offered to them. It is revised from time to time. Therefore here we are providing complete information regarding salary of SBI Specialist Officer.

SBI Specialist Officer Salary
As lots of candidates getting queries regarding salary of Specialist Officer, here we have provided the detailed manner of salary structure of State Bank of India Specialist Officer. Candidates, who are preparing for SO posts they can view these details.

What is SBI Specialist Officer Salary?

State Bank of India (SBI) along with its five Associate Banks: State Bank of Bikaner & Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT) offer Specialist Officer Vacancies in 5 grade scales. Pay Scale for each grade is different and it varies from Rs.14500 to Rs.40400 depending upon the post and grade.

SBI Specialist Officer Salary Structure is different for Officer Scale I and Officer Scale II, which is as follows:

Officer Scale II:
Rs. 19400 - 700/1 - 20100 - 800/10 – 28100/-
For officer scale 2, minimum 2-3 years experience in the respective field depending on the post is desired.
SO salary structure means the basic pay will be Rs. 19700 for officer MMG Scale 2. It will get Rs.700 increment after 1 year so that it gets to be Rs. 20100. Then there will be Rs. 800 increment for 10 years

SBI Placement Papers

Officer Scale I:
Rs 14500 - 600/7 - 18700 - 700/2 - 20100 -800/7 – 25700/-
The approx. IBPS SO Salary Cash in hand of Officer Scale 1 after appointment will be around Rs. 24000-32000/-.

Post Pay Scale:

Detailed information related to various pay scales is as follows:

Sr. No.
Grade Scale
Pay Scale (in Rs.)
JMGS-I: (Junior Management Grade
Scale – I)
MMGS-II: (Middle Management Grade
Scale – II)
19,400-700/1-20, 100-800/
MMGS-III: (Middle Management Grade
Scale – III)
25,700-800/5-29, 700-900/
SMGS-IV: (Senior Management Grade
Scale –IV)
30,600-900/4-34, 200-1000/
SMGS-V: (Senior Management Grade
Scale –V)

Total initial emoluments per month have been worked out for posting in Metropolitan Centers. It will vary as per the place of posting & percentage of dearness allowance payable from time to time.Total emoluments are subject to deduction of pensionery benefits, if any, as per guidelines issued by Government of India from time to time.

Salary, Perks & Lease House Facility:
  • SBI offers Rs. 8 Lac annual CTC for entry level position which is considered to be the best in industry. The perks include Dearness, Petrol, News Paper and Furniture allowances. This is inclusive of leased accommodation at Rs 20,000 per month in metros.
  • Medical Aid for self (100%) and for family (75%)
  • Home Travel Concession/Leave Fare Concession
  • Concession Interest Rates for Housing/Car/Personal Loans

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