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Table of Content
- SBI CBO Salary
- SBI CBO In-hand Salary
- SBI CBO Allowances and Benefits
- SBI CBO Career Growth and Promotion
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Source: safalta.comThe initial basic pay of the SBI Circle Based Officer has been incremented to Rs. 36,000/- on the scale of 36000-1490/7-46430-1740/2- 49910-1990/7-63840 applicable to Junior Management Grade Scale-I. SBI CBO Salary sees an increment of 1 grade for every one year of service.
|SBI Circle Based Officer Salary 2023|
|Pay Scale||36000-1490/7-46430-1740/2- 49910-1990/7-63840|
|Basic Pay||Rs. 36,000|
|Dearness Allowance (DA)||Rs. 16,884|
|House Rent Allowance (HRA)||Rs. 2520|
|City Compensatory Allowances (CCA)||Rs.|
|Gross Salary||Rs. 58,484|
|Net Salary||Rs. 50,296.24|
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|Dearness Allowance||46.9% of the Basic Pay|
|City Compensatory Allowance||3% – 4% depending on location|
|House Rent Allowance||7% – 9% depending on the Place of Posting|
|Medical Insurance||100% covered for employee | 75% covered for dependent family|
|Travelling Allowance||AC 2-tier fare is reimbursed to the employee for official travels|
|Petrol Allowance||INR 1,100 – 1,250|
Books Allowance, etc.
|Varies based on Cadre|
Along with these allowances there are various benefits such as :
- Pension Scheme
- Leave Fare Concession
- Concessional Interest Rates for Housing/Car/Personal Loans
- LTC (Leave Travel Concession)
Read MoreTo know more read here.
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