January 8, 2015

What is the SBI Special Management Executive Salary Structure?

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What is the SBI Special Management Executive Salary Structure?

Salary details of SBI Special Management  Executive in the scale of MMGS-III & MMGS-II:




Sl.
No.
Particulars
MMGS-III
MMGS-II
1
Cash Component
51297
38855
2
Bank's contribution to PF
2570
1940
3
Bank's contribution to Pension
5076
3832
4
Housing (Lease Rental)
34500
32500
5
Perquisites (Conveyance, News Paper, Entertainment allowance, House &Furniture Maintenance etc.)
6708
6503


In addition, the officers are also entitled to other benefits like :
(i) Medical Aid for self (100%) and for family (75%)
(ii) Home Travel Concession/ Leave Fare Concession

(iii) Concessional Interest Rates for Housing/ Car/ Personal Loans

Note: The salary scales are under revision.