• Written By Akshay.MS
  • Last Modified 11-11-2024

SBI PO Career – Check Job Profile for SBI Posts

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SBI PO Career: The State Bank of India will soon release an official notification for recruitment of Probationary Officers. The exam will be held in three stages, i.e Prelims, Mains and Personal Interview. The applications will be available on the official website once released, and around 2000 vacancies are expected to be filled.

The SBI PO is an annual examination conducted by the State Bank of India, and it is one of the most sought after banking jobs in the country and lakhs of aspirants apply for it every year. In this article, we take a look at the job profiles of SBI PO candidates and the salary they’ll be earning. Read on to find out more.

SBI PO Exam 2025 Overview

Let us take a look at important details of the SBI PO Exam 2025.

Exam NameSBI PO
Organising AuthorityState Bank of India (SBI)
Post NameProbationary Officer (PO)
VacanciesTo Be Announced
Exam FrequencyAnnual
Exam LevelNational
Mode of ApplicationOnline
Mode of ExaminationOnline (CBT)
Application WindowTo Be Announced
Exam DateTo Be Announced
Exam LanguageEnglish/Hindi
Official Websitehttps://sbi.co.in/web/careers

Learn SBI PO Prelims Exam Concepts

SBI PO Career

  • The candidates shortlisted for SBI PO posts will have to go through training sessions regarding basic banking knowledge before joining as Probationary Officer.
  • At the time of joining, the candidates will have to sign a bond of Rs. 2 lakhs and serve the bank for a minimum of three years.
  • After the conclusion of the probation period, candidates will be confirmed as Junior Manager Grade Scale I (JMGS-I).
  • The candidates will be given training in various departments like Finance, Marketing, Billing, Accounting & Investment to help them gain practical knowledge.
  • The POs will be responsible for certain Managerial tasks such as supervising the work of Bank clerks, verification of documents, managing cash balance, being aware of the latest developments in the bank, etc.
  • Once the POs are sufficiently experienced and trained, they are given more responsibilities like Budgeting, Loan Processing, Loan Approvals, Marketing, and Planning & Managing Investments.

On successful completion of the two year probation period serving as a SBI PO, the candidates will be eligible for promotion for these below mentioned positions: 

  • Assistant Manager
  • Deputy Manager
  • Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Deputy Managing Director
  • Managing Director
  • Chairman

Post-Probation, candidates are screened and if they seem eligible, they are promoted to the post of Assistant Bank Manager, and then to the higher positions.

SBI PO Roles and Responsibilities

As SBI POs, employees are expected to perform several duties to get promotions and grow in their banking career. A few of these SBI PO career responsibilities are given below.

  1. After successful completion of the probation, the PO is posted in any of the nation-wide SBI branches as an Assistant Bank Manager to handle work on daily customer transactions such as passing a cheque, draft issuance, cash management etc.
  2. The employee has to work towards increasing the bank business via managing cash flow, loans and mortgages and finances.
  3. The PO also has to discharge their duty as a Public Relations Officer, handle customer complaints and address various customer related issues such as discrepancies in accounts, rectification of undue charges.
  4. Once the employee gets acclimated to the bank environment and gains enough experience on the bank’s SOPs, they can be assigned more responsible work based on their personal skills and aptitude such as planning, budgeting, marketing, loan processing and approval, investment management etc.
  5. The work of a PO also includes managerial tasks, such as supervision of clerical work, taking decisions for the benefit of the bank, managing cash balance etc.
  6. PO also has to verify all the work done by the bank clerk. All the transactions of a bank involve the role of maker and checker. The responsibility of losses resides with the checker.
  7. They also have to take care of the loan related documents and perform on-site visits of the loan taking parties as and when required.
  8. A bank PO issues ATM cards, cheque books, Demand Drafts etc.

Practice SBI PO Prelims Exam Questions

SBI PO Career Growth

Employees performing consistently well and getting the bank to reach higher standards will be suitably rewarded in the form of promotions. The promotion cycle of certain positions are given below.

Managers

Assistant Manager (PO)  → Deputy Manager → Manager → Chief Manager

General Managers

Assistant General Manager → Deputy General Manager → General Manager → Chief General Manager

Executive Level

Managing Director → Chairman
  • Other than the performance and operations, the candidates’ performance in inter-departmental exams has a role to play as well.
  • Employees can get promoted to higher positions even by having the required skill sets, experience and the required years of service behind them.
  • The Indian Institute of Banking and Finance (IIBF) also conducts JAIIB (Junior Associate of Indian Institute of Banking) and CAIIB (Certified Associate of Indian Institute of Banking) exams for career progression.

SBI PO Salary

  • The S.B.I. P.O. salary is set as per the Bipartite Settlement.
  • The S.B.I. P.O. Basic pay scale is Rs. 41960-980 (7) – 48820 – 1145 (2) – 51110 – 1310 (7) – 60280 as applicable for Junior Management Grade Scale I.
  • The starting basic pay will be Rs. Rs.27,620/- with 4 advance increments.
  • Apart from the basic pay, candidates will also be eligible for various allowances and other benefits.
  • Considering basic pay and allowances, the total in-hand salary will be around Rs. 40000/- to Rs. 45000/- based on the location of posting and other factors.

SBI PO Salary Structure

We have mentioned the SBI PO Salary structure as per the revised salaries of the SBI PO post. Take a look.

Salary StructureAmount
Basic PayRs. 41,960
Special AllowanceRs. 6,881
DARs. 12,701
Location AllowanceRs. 700
Learning AllowanceRs. 600
HRARs. 2,937
Gross SalaryRs. 65,780
Deduction (PF/Income Tax/Professional Tax/Pension)Rs. 12,960
Net SalaryRs. 52,820

SBI PO Perks and Allowances

As a government servant, employees are entitled to many perks and benefits offered to them in their SBI PO Career. A few of them are listed below.

AllowanceAmount
Dearness Allowance26% of the Basic Pay
City Compensatory Allowance3% – 4% depending on location
House Rent Allowance7% – 9% depending on Place of Posting
Furniture AllowanceRs. 1,20,000
Medical Insurance100% covered for employee | 75% covered for dependent family
Travelling AllowanceAC 2-tier fare is reimbursed to the employee for official travels
Petrol AllowanceRs. 1,100 – 1,250
Newspaper Allowance, Entertainment Allowance, Books Allowance, etc.Varies based on Cadre

Along with the lucrative in-hand salary, SBI PO employees also enjoy various perks as listed below:

1. Contribution Pension Scheme/New Pension Scheme.

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

3. LTC.

4. Home Travel Concession/ Leave Fare Concession.

5. Concessional interest rates for Housing/Car/Personal Loans.

Attempt SBI PO Prelims Exam Mock Tests

FAQs Related to SBI PO Career

Let us take a look at a few frequently asked questions related to SBI PO Career.

Que 1: What are the posts that candidates will be eligible for after probation?
A. Candidates successfully completing probation for two years will be eligible for the posts of Assistant Manager, Deputy Manager, Manager, Chief Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Deputy Managing Director, Managing Director, Chairman.

Que 2: What will be the SBI PO employee salary?
A. The starting basic pay of an SBI PO employee will be Rs. Rs.27,620/- with 4 advance increments.

Que 3: What kind of allowances will SBI PO employees be entitled to?
A. The SBI PO allowances that employees are entitled to are Dearness Allowance, City Compensatory Allowance, House Rent Allowance, Furniture Allowance, Medical Insurance, Travelling Allowance, Petrol Allowance.

Que 4: What is the bond period and amount to join SBI as a PO?
A. At the time of joining, the candidates will have to sign a bond of Rs. 2 lakhs and serve the bank for a minimum of three years.

Que 5: When will the SBI PO Exam 2025 be held?
A. The SBI PO Exam 2025 will be held in the month of June, 2025, although the exact dates have not been announced yet. Stay tuned to this page for related updates.

People might also check;

SBI PO NotificationSBI PO Recruitment
SBI PO EligibilitySBI PO Selection Process
SBI PO SyllabusSBI PO Application Form
SBI PO Exam PatternSBI PO Result
SBI PO PreparationSBI PO Study Material
SBI PO Study PlanSBI PO Books

We hope this article on SBI PO Career has given you an idea of the SBI PO Job profiles and salaries. Stay tuned to embibe.com for more updates related to SBI PO Exam.

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