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SBI Specialist Officer Salary | SO 2023 Pay Scale In-hand, Job Profile & Salaries

SBI Specialist Officer Salary

SBI Specialist Officer Salary In-hand 2023 consists of basic pay scale, 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. The post of AM (Systems) offers good chance to graduates in IT who are willing to secure their career in the banking industry. Check SO 2023 Pay Scale In-hand, Job Profile & Salaries from this article.

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SBI Specialist Officer Salaries:

State Bank Of India recruits various deserving and captivated candidates on yearly basis 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 2023.

SBI Specialist Officer Salary

Check entire 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

SBI Specialist Officer Job Profile:

SBI Specialist Officer Salary Structure is different for Officer Scale I and Officer Scale II. There are 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.

  • Monitoring of technical infrastructure and its maintenance like database, security etc.
  • Data mining and reporting for business units
  • Troubleshooting PC issues
  • Maintaining IT infrastructure of the bank
  • Coordinating with vendors for development, maintenance, procurement of software, hardware and other services
  • Server maintenance
  • Managing the maintenance of ATM machines
  • Troubleshooting proprietary software issues.
  • Some basic tasks like installation, formatting, and troubleshooting windows.

SBI SO Salary 2023 (Post Wise):

Post SBI SO Salary Slip
Faculty, SBIL, Kolkata Rs. 25 lakh to Rs. 40 lakh p.a.
Vice President
(Stressed Assets Marketing)
CTC of Rs.40.00 lacs to Rs.43.00 lacs
Chief Manager
(Special Situation Team)
Pay Scale:
50030-1460/4-55870-1650/2-59170
Deputy Manager
(Stressed Assets Marketing)
Pay Scale:
31705-1145/1-32850-1310/10-45950
Deputy Manager
(IS Audit)
Product Manager Pay Scale:
42020-1310/5-48570-1460/2-51490
Manager (Data Analyst)
Manager (Digital Marketing)
Manager (Anytime Channel)
SME Credit Analyst
Banking Supervisory Specialist Negotiable
Head (Product, Investment & Research) Rs. 80.00 lacs to Rs. 99.62 lacs
Central Research Team
(Portfolio Analysis & Data Analytics)
Rs. 25.00 lacs to Rs. 50.00 lacs
Central Research Team (Support) Rs. 7.00 lacs to Rs.10.00 lacs
Investment Officer Rs. 12.00 lacs to Rs.18.00 lacs
Project Development Manager
(Technology)
Rs. 12.00 lacs to Rs.18.00 lacs
Relationship Manager Rs. 6.00 lacs to Rs.15 00 lacs
Relationship Manager
(Team Lead)
Rs. 10.00 lacs to Rs. 28.00 lacs
Chief Officer (Security) Fixed monthly emoluments of Rs.1.40 lac
Increment of Rs.21,000/- in 2nd year and
Increment of Rs.24,000/- in 3 rd year
Executive (FI & MM) CTC Rs. 6.00 lacs
Sr. Executive
(Social Banking & CSR)
CTC Rs. 10.00 lacs
Sr. Executive
(Digital Relations)
CTC Rs 12.00 lac – Rs. 20 lac
Sr. Executive
(Analytics)
Sr. Executive
(Digital Marketing)

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SBI Specialist Officer Salary

SBI Specialist Officer Salary in India

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.

Post SBI Specialist Officer Basic Pay
Officer Scale I 23700-980(7)-30560-1145(2)-32850-1310(7)-42020.
Officer Scale II 31705-1145(1)-32850-1310(10)-45950.
Officer Scale III 42020-1310(5)-48570-1460(2)-51490.

SBI Specialist Officer Salary Structure

Particulars SBI Specialist Officer Salary Details
IBPS SO Basic Salary Basic pay is INR 23700
HRA @ 9.0% or 8.0% or 7.0% depending on the place of posting
DA As per the latest rules of government DA amount is INR 8605.88.
Special Allowance For scale I it is paid @ rate of 7.75%
Perks Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. 4,130
Least Accommodation Least Accommodation is up to Rs 29500, this is provided in lieu of HRA
CCA This is paid @ 4%, 3% or 0% depending on the place of posting

Read Here: Bank Salary Structure

SBI Specialist Officer Salary Packages

Scale Abbreviation Scale Scale Of Pay Monthly Emoluments Approx
JMGS I Junior Management Grade Scale I Rs. 23700-42020 Rs. 73600-(inclusive of leased Rental at Mumbai)
MMGS II Middle Management Grade Scale II Rs. 31705-45950 Rs. 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 –

Position SBI 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.

Assets Metro Cities (State Capital etc.) (District Level and Rural Areas)
Basic Pay Rs. 14500/- Rs. 14500/- Rs. 14500/-
Dearness Allowance Rs. 14485.5/- Rs. 14485.5/- Rs. 14485.5/-
CCA Rs. 540/- Rs. 375/-
Total Salary (Excluding HRA) Rs. 29525.5/- Rs. 29360.5/- Rs. 28985.5/-
HRA Rs. 1232.50/- Rs. 1087.50/- Rs. 942.50/-
Total Salary (including HRA Rs. 30758/- Rs. 30448/- Rs. 29927.5/-

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.

Assets Metro Cities (State Capital etc.) (District Level and Rural Areas)
Basic Pay (SBI SO Salary in India) Rs. 14500/- Rs. 14500/- Rs. 14500/-
Dearness Allowance Rs. 14485.5/- Rs. 14485.5/- Rs. 14485.5/-
CCA Rs. 540/- Rs. 375/-
Total Salary (Excluding HRA) Rs. 29525.5/- Rs. 29360.5/- Rs. 28985.5/-
HRA Rs. 1232.50/- Rs. 1087.50/- Rs. 942.50/-
Total Salary (including HRA Rs. 30758/- Rs. 30448/- Rs. 29927.5/-

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.

Check Related Links:

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SBI Recruitment Details
SBI Admit Card Details
SBI Answer Key Details
SBI Result Details

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.

SBI SO 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 Posts Scale Level
IT Officer Scale I
Agriculture Field Officer Scale I
RajbhashaAdhikari Scale I
Law Officer Scale I
HR/Personnel Officer Scale I
Marketing Officer Scale I
IT Officer Scale II
Law Officer Scale II
Chartered Accountant Scale II

Check Here: Highest Paying Govt Jobs in India

SBI SO Pros:

  • The leased accommodation facility is a huge plus point
  • Attractive salary and allowances
  • You get medical facility for yourself as well as your dependents
  • A respectable job
  • Good work life balance

SBI SO Cons:

  • Slow promotions
  • Area of operations confined only to the technical field

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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