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SBI Specialist Officer Salary | 2018 In-hand Pay Scale | Job Profile & Salaries

SBI Specialist Officer Salary

Every year State Bank Of India recruits various deserving and captivated candidates at SO profile with an impressive and lucrative SBI Specialist Officer Salary. After getting recruited as Specialist Officer an employees will be provided various facilities and benefits apart from basic SBI Specialist Officer Salary

SBI Specialist Officer Salaries

SBI Specialist Officer Salary In-hand 2018 consists of SBI Specialist Officer Salary allowances such as DA, HRA, Bonus, TA, Medical Benefits etc. Pay Scale for each grade is different and it varies depending upon the post and grade

SBI Specialist Officer Job Profile

SBI Specialist Officer Salary Structure is different for Officer Scale I and Officer Scale II. There is various opportunities from growth. According to their work & ability one will be promoted to higher level posts at incremented SBI Specialist Officer Jobs Salary. SBI SO Promotion varies for scale 1 to scale 7 positions.

For further more details about SBI Specialist Officer Salary, benefits allowances job profile and growth opportunities must read out this page which is well furnished by the expert team member of recruitmentresult.com.

Get Details Of: SBI Specialist Officer Jobs

SBI Specialist Officer Salary

Gross SBI Specialist Officer Salary is 23700 pm and one will get around 33000-35000 in hand after all DA, HRA, Bonus, TA, Medical Benefits and deductions.

PostSBI Specialist Officer Basic Pay
Officer Scale I23700-980(7)-30560-1145(2)-32850-1310(7)-42020.
Officer Scale II31705-1145(1)-32850-1310(10)-45950.
Officer Scale III42020-1310(5)-48570-1460(2)-51490.

 SBI Specialist Officer Salary Structure

ParticularsSBI Specialist Officer Salary Details
IBPS SO Basic SalaryBasic pay is INR 23700
HRA@ 9.0% or 8.0% or 7.0% depending on the place of posting
DAAs per the latest rules of government DA amount is INR 8605.88.
Special AllowanceFor scale I it is paid @ rate of 7.75%
PerksConveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. 4,130
Least AccommodationLeast Accommodation is up to Rs 29500, this is provided in lieu of HRA
CCAThis is paid @ 4%, 3% or 0% depending on the place of posting

Read Here: Bank Salary Structure

SBI Specialist Officer Salary Packages

Scale AbbreviationScaleScale Of PayMonthly Emoluments Approx
JMGS IJunior Management Grade Scale IRs. 23700-42020Rs. 73600-(inclusive of leased Rental at Mumbai)
MMGS IIMiddle Management Grade Scale IIRs. 31705-45950Rs. 90700-(inclusive of leased Rental at Mumbai)

SBI Specialist Officer Pay Scale

Here, we are providing the list of salary of SBI Specialist officer for different grades –

PositionSBI Specialist Officer Pay Band
Assistant Manager (S)Rs.39426 – 92355
Assistant General Manager (S)Rs.103797 – 133593
Chief Manager (S)Rs.67542 – 305341
Deputy Manager (S)Rs.40932 – 160729
Deputy General Manager (S)Rs.118888 – 145833
General Manager (S)Rs.132037 – 141975
Manager (S)Rs.60754 – 209636

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SBI Specialist Officer Pay Scale After Seventh Pay Commission

IBPS SO Salary after revision – Salary of Government workers has been increased up to 40% after 7th Pay Commission. You may check out the given table to know the increment in Metro Cities, State Capital and District Level and Rural Areas.

AssetsMetro Cities(State Capital etc.)(District Level and Rural Areas)
Basic PayRs. 14500/-Rs. 14500/-Rs. 14500/-
Dearness AllowanceRs. 14485.5/-Rs. 14485.5/-Rs. 14485.5/-
CCARs. 540/-Rs. 375/-
Total Salary (Excluding HRA)Rs. 29525.5/-Rs. 29360.5/-Rs. 28985.5/-
HRARs. 1232.50/-Rs. 1087.50/-Rs. 942.50/-
Total Salary (including HRARs. 30758/-Rs. 30448/-Rs. 29927.5/-

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SBI Specialist Officer Revised Salary After 7th CPC

After 7th Pay Commission has been introduced IBPS SO Salary and other Government workers has been increased up to 40%. Check IBPS SO Salary After 7th CPC from below given table and increment in IBPS Specialist Officer Salary in Metro Cities, State Capital and District Level and Rural Areas.

AssetsMetro Cities(State Capital etc.)(District Level and Rural Areas)
Basic PayRs. 14500/-Rs. 14500/-Rs. 14500/-
Dearness AllowanceRs. 14485.5/-Rs. 14485.5/-Rs. 14485.5/-
CCARs. 540/-Rs. 375/-
Total Salary (Excluding HRA)Rs. 29525.5/-Rs. 29360.5/-Rs. 28985.5/-
HRARs. 1232.50/-Rs. 1087.50/-Rs. 942.50/-
Total Salary (including HRARs. 30758/-Rs. 30448/-Rs. 29927.5/-

Do You Know, How To Calculate TDS on Salary

SBI SO Salary Increment + Promotions and Career Growth

After qualifying IBPS Specialist officer recruitment round, one will be selected for Specialist officer jobs at Public sector bank. Initially one will be posted under training for some time with the period of time one will be promoted and reach the senior post.

According to ability and experience to candidates, they will be promoted to higher level of job position. Promotion will be based on your performance. As you will be promoted, there will be IBPS SO Salary Increment. At senior level post one will get other plenty of opportunities within a year as follows

  • Junior Management – Scale 1 – Officer / Assistant Manager
  • Junior Management – Scale 2 – Manager
  • Middle Management – Scale 3 – Senior Manager
  • Senior Management – Scale 4 – Chief Manager
  • Senior Management – Scale 5 – Asst. General Manager
  • Top Management – Scale 6 – Deputy General Manager
  • Top Management – Scale 7 – General Manager.

Also Check: Top 10 Highest Paying Jobs in India

SBI Specialist Officer Salary Allowances + Benefits

Apart from IBPS Specialist Officer pay scale per month, an employee is also entitled to get various perks and allowances provided by bank-

  • Dearness Allowances (DA) – Bank provides facility of cost of living adjustment out of basic salaryfor SBI specialist officers with the aimto hedge the impact of inflation that is dearness allowances of INR 8605.88.
  • HRA– House Rent Allowances referred as HRA, as employee will get the house accommodation or HRA expenses on behalf depending on city of residence. Bank has at 9% or 8% or 7%. HRA is also depending upon job position of an employee.
  • CCA –City Compensatory Allowance is given to those employees living in big metropolitan citiesto compensate them for living in high standard. CCA is generally of 4% or 3% depending upon the place of position.
  • Special Allowances –Special allowances are given to only provide to Scale-1 officers of 7.75% not to Scale-2. Special Allowances are provided on performance depending upon their quality.
  • Perquisites – In addition to SBI Specialist Officer Salary, benefit includes newspaper/laundry allowances, medical coverage, Travel allowances, conveyance, house and furniture allowance of total 4130 is also provided.
  • Least Accommodation is up to Rs 29500 in lieu of HRA.

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SBI Specialist Officer Job Profile

With the promotion, you will be posted to higher position and scale. Along with new position you will be authorized some responsibilities and power.

Name Of PostsScale Level
IT OfficerScale I
Agriculture Field OfficerScale I
RajbhashaAdhikariScale I
Law OfficerScale I
HR/Personnel OfficerScale I
Marketing OfficerScale I
IT OfficerScale II
Law OfficerScale II
Chartered AccountantScale II

 Final Note

We have provided complete details of SBI Specialist Officer Salary on this web page hope you are satisfied with the info sated above. For more interesting facts you must keep visiting regularly to our site recruitmentresult.com.

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