Aspirants who want to work for SBI as a PO should read this article to learn about the benefits they would receive after five years.

As you may be aware, the State Bank of India has issued a job circular to fill Probationary Officer (PO) positions. Because of the rich wage structure and employment description, this position attracts thousands of applicants. In this article, you will learn about the SBI bank PO salary after 5 years. Check out the dates and preparation tips to be ready for the exam.

SBI PO Salary 2021

The beginning base salary for Junior Management Grade Scale-I is Rs. 41,960 (with four advance increments) on the grade of 36000-1490/7-46430-1740/2-49910-1990/7-63840.

The official will also be entitled for D.A., H.R.A./Lease rental, C.C.A., Medical, and other allowances and benefits as determined by the rules in effect at the time. The information of SBI bank PO salary after 5 years are mentioned here.

SBI PO Salary Structure 2021

Particulars SBI PO Salary 2021
Basic Pay Rs. 41,960
Special Allowance Rs. 6,881
DA Rs. 12,701
Location Allowance Rs. 700
Learning Allowance Rs. 600
HRA Rs. 2,937
Gross Salary Rs. 65,780
Deduction (PF/Income Tax/Professional Tax/Pension) Rs. 12,960
Net Salary Rs. 52,820

Also Read: Do’s and Don’ts in Bank PO Exam: Let’s Know the Effective Tips for the UPSC Preparation

SBI PO Salary after 5 Years

After 5 years, your SBI PO salary will be Rs. 41,960, which is an increase of Rs. 4900 above your base wage. The only item that varies on a yearly basis is the increase in your salary’s base salary.

SBI PO Salary 2021 Deductions

Particulars Amount
PF Contribution Rs. 4,196/-
Income Tax Rs. 3,290/-
Professional Tax Rs. 200/-
Contributory Pension Fund Rs. 5,274
Total Deductions Rs. 12,960

SBI PO Salary 2021 Allowances

Allowance Amount
Dearness Allowance 26% of the Basic Pay
City Compensatory Allowance 3% – 4% depending on location
House Rent Allowance 7% – 9% depending on Place of Posting
Furniture Allowance Rs. 1,20,000
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 Rs. 1,100 – 1,250
Newspaper Allowance, Entertainment Allowance, Books Allowance, etc. Varies based on Cadre

SBI PO Promotion Stages

The steps of promotion for SBI Probationary officers are listed below.

# Assistant Manager (PO)– scale 1

# Deputy manager– scale 2

# Manager– scale 3

# Chief Manager– scale 4

# Assistant General Manager– scale 5

# Deputy General Manager– scale 6

# General Manager– scale 7

# Chief General Manager– scale 8

# Deputy Managing Director– scale 9

# Managing Director– scale 10

# Chairman– scale 11

IBPS PO 2021 Notification Out

On the 19th of October 2021, IBPS released the recruitment announcement for IBPS PO 2021. The online application procedure will begin on October 20, 2021, and will run through November 10, 2021.

Candidates will be selected based on their performance in the preliminary test, main exam, and interview round. The test dates have also been declared by the IBPS. According to the advertising, the IBPS PO prelims exam 2021 will be held on December 4th and 11th, 2021.

Important Dates

Events Date
IBPS PO 2021 Notification 19th October 2021
IBPS PO Online Registration Process 20th October 2021
IBPS PO 2021 Prelims Exam Date 4th &11th December 2021
IBPS PO Prelims Result December/January 2022
IBPS PO Mains Admit Card January 2022
IBPS PO 2021 Mains Exam Date January 2022
IBPS PO Mains Result February 2022
Conduct of Interview February/March 2022
IBPS PO 2021 Provisional Allotment 1st April 2022

Candidates who have already taken the prelims test are urged to begin their preparations as soon as possible since there is not much time left to improve their chances of passing the mains.

Also Read: How to Prepare a Resume for a Bank PO Interview? Step by Step Guide to Format Resume

IBPS PO 2021 Apply Online

On the IBPS’s website, it has been announced the notification and test dates for IBPS PO 2021. On October 20, 2021, the online registration procedure will begin. The application link for IBPS PO 2021 is provided here. Candidates can apply directly using the URL provided below. Click here to apply now.

IBPS PO 2021 Application Fee

The fee structure for IBPS PO online application is listed below each category. It should be reminded that once fees/intimation charges have been paid, they cannot be returned or put in reserve for any future test or selection. Check to see if the application cost must be paid online. Check out the whole guide to IBPS PO Application for additional information.

Sr. No.

Category

Application Fee 

1

SC/ST/PWD Rs.175
2 General and Others Rs. 850

IBPS PO 2021 Major Participating Banks

#1. Punjab National Bank

#2. Union Bank of India

#3. Bank of India

#4. Indian Bank

#5. Canara Bank

#6. Indian Overseas Bank

#7. Central Bank of India

#8. UCO Bank

#9. Bank of Baroda

#10. Punjab & Sind Bank

#11. Bank of Maharashtra

Bank Exam Syllabus

Subject

Topics

Quantitative Aptitude

Simplification, Number Series, Ratio & Proportion, Percentage & Averages, Profit & Loss, Mixtures & Allegations, Simple Interest & Compound Interest, Work & Time, Time & Distance, Sequence & Series, Quadratic Equation, Permutation & Combination

Reasoning Ability

Seating Arrangement, Syllogism, Input-Output, Coding-Decoding, Alphanumeric Series, Ranking/Direction/Alphabet Test, Data sufficiency, Puzzle, Logical Reasoning

English Language

Reading Comprehension, Fill in the blanks, Error Spotting, Sentence Correction, Para Jumbles

General Awareness

Banking & Financial Awareness, Current Affairs. Static GK

Computer knowledge

Fundamentals of Computer, History of Computer, Internet MS Office, Input-Output devices, Computer Shortcuts

Also Read: Inequality Questions for Bank PO: Tips to Solve Quantitative Questions in Bank Exams

Bank PO Exam Pattern

IBPS PO
Sections Number of Questions Marks Time Duration
Preliminary Exam English Language 30 30 20 minutes
Quantitative Aptitude 35 35 20 minutes
Reasoning Ability 35 35 20 minutes
Mains Exam English Language 35 40 40 minutes
Quantitative Aptitude 35 60 45 minutes
Reasoning Ability 45 60 60 minutes
General Awareness 40 40 35 minutes
Descriptive Paper 2 24 30 minutes
IBPS RRB PO
Preliminary Exam Quantitative Aptitude 40 45 minutes
Reasoning Ability 40
Mains Exam English/Hindi Language 40 2 hours
Quantitative Aptitude 40
Reasoning Ability 40
General Awareness 40
Computer Knowledge 40
SBI PO
Preliminary Exam English Language 30 30 20 minutes
Quantitative Aptitude 35 35 20 minutes
Reasoning Ability 35 35 20 minutes
Mains Exam English Language 35 40 40 minutes
Quantitative Aptitude 35 60 45 minutes
Reasoning Ability 45 60 60 minutes
General Awareness 40 40 35 minutes
Descriptive Paper 2 50 30 minutes
Interview 30
Group Discussion 20

IBPS Vacancy

Name of the Bank Vacancies 2021
Bank of India 588
Punjab and Sind Bank 427
UCO Bank 440
Bank of Maharashtra 400
Canara Bank 650
Central Bank of India 620
Indian Overseas Bank 98
UCO Bank 440
Union Bank of India 912
Total 4135

Bank PO Preparation Books

Book Author
Magical Book on Quicker Mathematics   M Tyra
Quantitative Aptitude for Competitive Examinations  RS Aggarwal
Data Interpretation Arun Sharma
Objective Mathematics for Competitive Examinations  Tarun Goyal
Modern Approach to Verbal Reasoning RS Aggarwal
Analytical Reasoning MK Pandey
Word Power Made Easy  Norman Lewis
Lucent General Knowledge  Lucent Publications
Advance Maths for General Competitions  KD Publications
Quantitative Aptitude for Competitive Examinations  Abhijit Guha
Objective Mathematics  Rai Publications
A New Approach to Logical Reasoning  Arihant Publications
The Person GK Manual  Pearson Publications
General Studies  Arihant Publications
General Knowledge  Made Easy Publications
Descriptive General English  S P Bakshi and Richa Sharma
Arihant’s Fast Track Objective Arithmetic  Arihant
SSC Reasoning Chapterwise  Kiran Publications
A New Approach to Reasoning Verbal and Non-Verbal Arihant Publications
Quantitative Aptitude & Reasoning  Made Easy Publications
Objective English  S. Chand Publications
DGP English  Dhillon Group of Publications
Banking Awareness  Arihant Publications
Hand Book on Banking Awareness  IBC Academy Publications
Basic Banking & Financial Issue Upkars Publications
Current Affairs  Made Easy Publications
Dhankar Current Affairs  Dhankar Publications
Competition Infocus Arihant Publications

Also Read: SBI PO Last Date to Apply 2021: Latest Information on the Probationary Officer Job Exam

Bank PO Preparation Tips

Make Notes

Making and reading brief notes on the units can help you remember them. It will be useful for going over the chapters again before the exam. When you’ve finished reading the sections, make a list of the most significant topics. This is a powerful method of keeping knowledge for a long time.

Follow a Strategy

Your IBPS PO preparation would not be complete until you create a habit of practising on a regular basis. Solve as many IBPS PO practise papers as you can. Solve past years’ question papers to get a sense of the question pattern and the importance of each section’s problems.

It’s better to start with the easy questions and work your way up to the more difficult ones. Aspirants must practise and review those areas of the exam that they find challenging.

Improve the Time Management Skills

Candidates should start with the questions that are easiest for them; otherwise, they will have to invest additional time on the more difficult questions. As a result, you won’t be able to finish the questions in the time allotted. As a result, in addition to accuracy, applicants must improve their speed in order to finish the exam on time. As a result, practising in a timed way is preferable.

Take IBPS PO Mock Tests

Taking a full-length practise exam will help you improve your test-taking skills. One can identify their strengths and weaknesses based on the performance analysis and concentrate on the weak spots further. As a result, students would be able to increase their IBPS PO test marks. Candidates will feel very confident before the examination and will be able to complete it quickly.

Conclusion

By now, you have got all the information regarding SBI bank PO salary after 5 years and all the exam notifications. Read all the bank PO preparation tips carefully to do your preparations effectively. Do you want to know how you can improve your preparation and crack the upcoming bank exams? If yes, check out UPSC Pathshala PO online course now.

Also Read: IBPS PO Last Date to Apply 2021: Check Out the Eligibility, Process, Fee and More

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Bank PO Salary after 5 Years: Best Bank PO Preparation Tips for 2022
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Bank PO Salary after 5 Years: Best Bank PO Preparation Tips for 2022
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Madhurjya Chowdhury

Madhurjya Chowdhury, a web content writer in Ufaber EduTech has a very strong passion for writing and alluring the readers. You can find him writing articles for the betterment of exam aspirants and children. With immense interest in research-based content writing and copywriting, he likes to reach out to more and more people with his creative writing style. On the other side, he is an Electronics and Communication Engineer from LPU, Jalandhar. In his leisure time, he likes to play badminton or read about space discoveries. Apart from this, he is a pro gamer on PC, PS and Mobile gaming platforms.

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