SBI SO Salary 2024, Salary Structure, Perks and Allowances

SBI SO Salary

Every year, State Bank of India releases the notification to recruit candidates for the various positions of Specialist Officer in the different branches all across the country. The notification PDF comprises the detailed SBI SO Salary 2024 along with basic pay as well as the perks and allowances. The job profile of a Specialist Officer attracts many banking aspirants because of its lucrative salary structure and perks. In this article, we have discussed in detail the SBI SO Salary 2024.

SBI SO Salary 2024

State Bank of India offers a lucrative salary to the employees designated for the position of Specialist Officer including the basic pay and the allowances. The scale of pay varies Grade-wise for the regular as well as contractual posts such as Deputy Manager, IT Officer, Relationship Manager, Vice President, etc. Aspirants can refer the given article for the detailed SBI Specialist Officer Salary 2024, Perks, Allowances, Job Profile, and Career Growth.

SBI SO Salary Structure

The table below provides a detailed breakdown of the SBI SO Salary Structure 2024, categorized by different positions. It offers candidates complete information on the salary packages along with grade and scale of pay.

The Annual Cost to Company (CTC) is flexible and will be determined based on the candidate’s experience, current earnings in their current job, and the location of their posting. The CTC package consists of 70% fixed components and 30% variable pay. There will be an annual increment in the CTC, with increments of 5%, 6.5%, and 7% for the 1st, 2nd, and 3rd annual increments, respectively.

SBI SO Salary Perks & Benefits

Apart from the salary, there are various perks and allowances provided to SBI SO. Candidates can check below the complete perks & allowances.

• House Rent Allowance
• City Compensatory Allowance
• Special Allowance
• Leave Travel Allowance
• Dearness Allowance
• Conveyance Allowance
• Medical Allowance
• Pension Fund
• Medical Facility

SBI SO Salary: Job Profile & Promotion

Aspirants selected for the position of Specialist Officer in State Bank of India must be familiar with the job responsibilities. The job profile of SO entirely depends upon the position at which they are designated. The common SBI SO Job Profile has been discussed in the given section.

• Communicate with the customers and business partners to evaluate and figure out the purpose.
• As per the business requirements, the specialist officers point out the specific field related operations.
• Handle the system/server installation, configuration, and monitoring.
• If in any of the tasks there arises any problem, then the specialist officers look into it and solve it.
• After receiving data from various departments, specialist officer prepare the status report and submit to the assigned authority.

SBI SO Salary: Know The Annual Package

State Bank of India offers a lucrative salary to the specialist officers and that is the reason why candidates apply for the esteemed position. The annual package of a SBI SO varies post-wise as the pay scale differs grade-wise. The annual package is also different because of the perks and allowances as it depends on the location of posting, scale, etc. Candidates must have a note of the minimum and maximum annual package for the post they are applying.