September 16, 2016

Latest SBI PO Salary details with perks and benefits-2016

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SBI PO Salary details & other perks and benefits-2016

Scale I - 23700 - (980 x 7 ) - 30560 - (1145 x 2 ) - 32850 - (1310 x 7) - 42020

(with 4 initial increments only for SBI PO's/MT's)


So, Salary = 27620 + 12677 (D.A ) + 2140 (Special Allowance ) + 870 (CCA)= Gross Salary : Rs. 43307
[D.A varies every quarter and it keeps on increasing so does your salary]

Deductions : PF = 10% of basic i.e 2762
                        NPS (National Pension Scheme) = 10% of basic+DA i.e 3939
                        Professional Tax : 200
Net Salary : Rs. 36606
Latest SBI Staff salary Click here
Other Benefits: 
  • leased accommodation: All officers are entitled for leased accommodation in their place of posting depending upon whether the place is a Metro/Urban/Semi-Urban/Rural 
  • Petrol : 50 Lts (For 2 wheelers) Or  55 Lts (For 4 wheeler) Or Approx. Rs. 1100-1250 if you don't have 2/4 wheeler. 
  • Entertainment, tea&coffee, Cleaning & Labour and Newspaper allowances and all these perks easily come down to approximately  Rs. 4000 - 5500 
  • Rs. 13802 (PF & NPS of both employee and employer)
Total Would be like as mentioned below after considering all the components:

Rs. 36606 (Net Salary) + Rs. 4000-5500 (Allowances & Perks ) + Rs. 13802 (PF & NPS of both employee and employer) + Rs. 10000-29000 (Leased Accommodation depending upon place)


Total is approx. Rs 60000-75000/- depending upon the posting location i.e Rural /Semi Urban/Urban/Metro.