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SBI SO Salary 2021: Know in-hand salary, allowances, payscale, and benefits

Safalta Expert Published by: Silky Joshi Updated Fri, 30 Jul 2021 05:48 PM IST

Highlights

Know the SBI SO Salary 2021 along with the perks and Allowances. Get an idea of the Basic Pay and Growth Prospects of the SBI SO in Indian PSBs.

The candidates can check out the SBI SO Salary 2021 along with the perks and allowances applicable to the aforesaid post. According to the official website, the candidates will be subjected to receive a handsome salary along with an attractive allowance affixed to it. The candidates who wish to apply for the profile can check out the pay scale along with the basic job profile. As of now, the bank has not released the official notification of SBI SO. 

The SBI SO is an Assistant Manager post and the candidate upon joining the bank get a lot of opportunities for their overall growth. The candidates can check out this page for more details related to the Pay scale, Allowances, promotion criteria etc.

Source: safalta.com



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SBI SO Salary

The main reason behind candidates opting for the SO is the salary structure which ranges from Rs.23,700 alongside. Apart from this, the SBI SO staff are also allowed with major allowances as listed below:-

  • Dearness Allowances

  • House Rent Allowance

  • Provident Fund

  • City Compensatory allowance

  • Leave Fare Concession

  • Smart Compensation Allowance

  • Medical Allowances

  • Special Allowance

  • Festival Bonus

  • Special pay for performing during a pandemic

  • Newspaper Allowance

 

The SBI SO Post wise salary has been listed below:-

 

SBI SO Posts

Pay Scale

Management Grade(JMGS 1)

23700-980/7-30560-1145/2-32850-1310/7-42021

Middle Management Grade Scale-II (MMGS II) 

31705-1145/1-32850-1310/10-45950

Middle Management Grade Scale-III (MMGS III)

42021-1310/5-48570-1460/2-51490

 

SBI SO Job Profile

The candidates can check out theSBI SO Job Profile in the space below:

  • Develop solutions designed to maximize business value.

  • Able to rapidly acquire knowledge of a given domain

  • Effective in ensuring that deliverables are in conformance with system architecture and standards for development.

  • Contribute actively to the realization of the business unit's mission and vision.

  • Identify and evaluate different IT-related potentials in relation to business needs.

  • Ensure usability and performance of the solution.

  • Participate in efforts to drive the development of the systems area.

  • Communicate efficiently and purposefully with internal customers and business partners.

  • Actively assist in developing others through, e.g. communicating knowledge and participating in professional networks.

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SBI SO Career Growth 

The candidates posted in the SBI SO post have growth options and can be promoted to the Chairman post, after clearing the departmental exams held by the banks which are conducted annually. The promotions have been listed below:-

  • Assistant Manager

  • Deputy Manager

  • Manager

  • Chief Manager

  • Assistant General Manager

  • Deputy General Manager

  • General Manager

  • Chief General Manager

  • Deputy Managing Director

  • Managing Director

  • Chairman

SBI SO Salary FAQs

Ques 1: How much does an SBI SO make per month?

Ans 1:  A SBI SO makes at least Rs. 42,000 to 45,000 alongside the grade pay of INR 23,700

 

Ques 2:What is the basic salary of an SO?

Ans 2: The basic salary of SBI SO is Rs 23700-980/7-30560-1145/2-32850-1310/7-42021.

 

Ques 3:Which is the minimum pay scale for SBI SO?

Ans 3: The minimum pay scale for an SBI SO is 23,700.

 

Ques 4:Do you get a salary after the SBI SO exam?

Ans 4: No salary is only received once the candidate joins the department as an SBI SO.

 

Ques5:Is there any career growth for the SBI SO?

Ans 5: Yes, the candidates can be promoted to the Chairman post after subsequent promotions.

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