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SBI PO Job Role and Salary 2024: Notification, Exam Date

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Everything to Know about SBI PO Job Profile, Roles and Responsibilities, Notification and Exam Date, Salary in India, Revised Salary structure, etc.

Candidates from all over India sit for different employment examinations, having high hopes of getting their dream jobs. However, from among the different jobs in India, cracking a job in the State Bank of India is a big deal and if someone can get a job in SBI, it can surely enhance their goodwill and skills. Concerning this, the current article is going to shed light on the different aspects of the SBI PO examination in India. Keep reading till the end to get the most out of this article.

SBI PO Salary: Job Profile

SBI PO Job Role and Salary

The State Bank of India (SBI) Probationary Officer (PO) exam is among the most prestigious exams in the Indian banking sector. The exam is generally conducted for recruiting POs for the several branches of Bank of India within the nation. Concerning this, the SBI PO exam is primarily conducted in three different phases namely, the Preliminary (Prelims) exam, the Main examination, and the final interview session.

This makes it evident that the SBI PO exam not only tests out the candidate’s knowledge but also their leadership qualities and analytical skills. If an individual is successful and clears this exam, they are expected to have a positive experience throughout their banking career.

Consequently, a few of the benefits associated with the SBI PO exam include different allowances for newspapers, household bills, cleaning supplies, etc. Additionally, individuals also receive special benefits or hill allowances that differ from location to location and the work profile as well.

Eligibility criteria for SBI PO exam

Before you initiate the online application form for the exam, ensure that you meet all the eligibility requirements. The minimum eligibility criteria for the exam are divided into different parameters: age limit, nationality, educational qualifications, age relaxation, and number of attempts.

Age Limit

Candidates who want to apply for the SBI PO exam should ensure to cross-check the age limit while confirming if they meet the criteria or not. The minimum age limit should be 21 years and the maximum age should be 30 years. Candidates above the age of 30 years will not be allowed to sit for the SBI PO exam.

Age Relaxation

You may expect a slight relaxation in terms of the age limit which is dependent upon certain categories.

CategoryAge Relaxation
Scheduled Caste (SC) and Scheduled Tribe (ST)5 years
General CategoryNil
Other Backward Classes (OBC)3 years
Person with disabilities (PWD) (General)10 years
Person with disabilities (ST/SC)15 years
Person with disabilities (OBC)13 years
Ex-servicemen, comprising army officers, emergency commissioned officers, etc.5 years
People domiciled in Jammu & Kashmir from 1.1.1980 till 31.12.1989.5 years

Nationality

This is a major eligibility criterion that needs to be fulfilled, which can be understood as follows;

  • The candidate must be a citizen of India.
  • The candidate must be Bhutan or Nepal nationals.
  • A person who is a Tibetan refugee who arrived India before January 1962, having a permanent residence is eligible.

Educational Qualifications

The below provided educational qualifications are required to be considered by the applicants before filling out the application form.

  • The CGPA or OGPA marks shall be converted into percentages in the application form.
  • Candidates who scored less than 60% are also eligible to take the SBI PO examination.
  • A candidate is required to hold a certificate from our relevant university, that shows the date of passing from the concerned institution.

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Maximum Number of Attempts for the SBI PO Exam

For this exam, candidates only have a limited number of attempts in which they are required to clear the examination.

CandidatesNumber of Attempts
General Category4
General Category (PWD)7
OBC7
OBC (PWD)7
SC/STNo restrictions

SBI PO Job Role:

Being a SBI PO is not an easy task as it requires an individual to deal with the public on a daily basis. This further makes the role of PO more diverse and hectic. Once you clear the exam, your role will include a myriad of tasks while working in SBI. Below provided is a list of your responsibilities as a bank PO.

  1. Safe handling of loan and mortgage department
  2. You need to ensure smooth functioning and administration within the bank.
  3. You will act as a public relations officer at your branch.
  4. Handling customer concerns via efficient interpersonal communications.
  5. In charge of financial activities like account drafting, billing, account preparation, check clearance, ATM cards, bank management, et cetera.
  6. You need to get the loans cleared by visiting the loan defaulters‘ website while handling the documentation process.
  7. Looking after the clerical work and getting involved in decision-making processes within the bank.

SBI PO Revised Salary Structure

Apart from the basic pay, a SBI PO gets additional benefits as well like allowances, medical insurance, etc. Under this context, when an individual is selected as a PO in the State Bank of India. The starting salary is ₹41,960 with 4 advance increments. The basic salary structure is provided in the table below.

Basic Pay₹41,960
Special Allowance₹6,681
Location Allowance₹700
Dearness Allowance₹12,701
Learning Allowance₹600
Special Allowance₹6,881
Gross Salary₹65,780
Deductions₹12,,960
Net Salary₹52,820, Monthly

SBI PO Salary In-hand

The starting salary of a SBI PO in hand falls in the bracket of ₹52,000 to ₹55,000, which is based on the basic pay of ₹41,960. Further, the annual gross compensation of the SBI PO ranges between a minimum of 8.20 lakhs to a maximum of 13.08 lakhs. This is because apart from the basic pay, an SBI PO receives additional perks such as Lease rental, CCA, Medical allowance, and other allowances. Further, the specific amount of all these allowances varies depending upon the area where the candidate is posted.

SBI PO Syllabus

Below is the syllabus regarding SBI PO prelims and mains exam that you need to consider to prepare yourself thoroughly for the exam.

The syllabus for the SBI PO prelims exam includes topics such as reasoning ability, quantitative aptitude, and English language. Whereas, the syllabus for the SBI PO mains exam includes English language, reasoning ability, quantitative aptitude, computer aptitude, and general awareness.

Concerning this, the important topics for the exam as per different subjects are highlighted below.

Reasoning AbilityData sufficiency, puzzles, logical reasoning, seating arrangement, coding-decoding, syllogism, input-output, etc.
English LanguageCloze test, reading comprehension, fill in the blanks, para jumbles, error spotting, multiple meanings, etc.
General AwarenessCurrent affairs, financial awareness, static awareness, general knowledge and information on banking.
Quantitative AptitudeSimple and compound interest, simplification, ratio and proportion, work, time, number systems, percentage, and data interpretation
Computer AptitudeMemory, internet, computer abbreviations, keyboard shortcuts, terminology, operating system, basics, etc.

Note that if you actually want to clear the exam, make sure that you practice all the above areas thoroughly so that you can attempt the varied questions easily while ensuring that you give your best.

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SBI PO Expected Exam Month

The State Bank of India is going to soon announce their plans on hiring POs in different branches. However, the expected SBI PO prelims exam in 2024 is in October or November. Further, the SBI PO mains exam is expected to take place in December or January 2025. Candidates are required to keep in mind these exam dates and make their plans accordingly.

Mode of Exam

The SBI PO exam is generally a computer-based exam that is in online mode. Candidates need to take the exam via an online mode, provided by the exam authority. The candidates will be provided with a desktop along with all the guidelines and instructions for taking the exam.

SBI PO Exam Marking and Pass Percentage

SBI PO exam scores are calculated via the following process;

  • The raw scores of the candidates are calculated according to the total number of questions answered perfectly in each section.
  • These scores are then converted into scaled scores using a process called ‘equating’. This helps in ensuring that the difficulty level of the exam is consistent.
  • These scaled scores are then used to determine the final scores attained by the candidates.

Marking

One-fourth marks is assigned for each question which might be dedicated as a penalty. For the subjective part also, there is no negative marking. Even if candidates leave any space blank, no negative marking will be given.

Moving forward, for every question answered correctly, one mark will be given.

Passing Marks

The passing marks for the SBI PO exam are based on the candidate’s category. For OBC and general categories, the passing mark is 59.25. For SC/ST categories, the cut off marks are 53 and 47.50 respectively.

FAQs at SBI PO Salary

What is the salary of SBI PO in a month?

The starting in-hand salary of SBI PO is from Rs 52,000 to Rs 55,000 per month, with basic pay of Rs. 41,960.

Can I crack SBI PO on the first attempt?

This depends upon your preparation and revision, many examples of candidates who crack the SBI PO Exam on their first attempt.

Can SBI PO earn 1 lakh per month?

Yes SBI PO can earn over 1 lakh per after working more than 5 to 10 years.

Can SBI PO become a manager?

Once you select as bank po, after some years of service or either by performing exceptionally or clearing the internal promotional exams.

Do SBI PO get home posting?

Yes, it is possible to get home state posting and this also depends upon priority given and number of vacant seats.

If you are someone who is going to appear for the SBI PO exam this year, you will definitely get a lot of help from the above-mentioned information. Make sure to go through each and every detail briefly. We are sure you’ll pass out with flying colors if prepared accordingly. All the best!

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