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SBI SO Salary 2024, Pay Scale, Perks and Allowances

Candidates who are interested in the SBI SO Job can check the details of the SBI SO Salary 2024 here. The job profile of an SBI SO is the one that is one of the most coveted ones. The pay scale that is offered for every job profile in SBI SO is a distinguished one that sets it apart from other Bank SO Exams. This article will give an idea about the SBI SO salary profile with information on allowances, perks, and other benefits.

SBI SO Salary 2024 Pay Scale

The post-wise SBI SO 2024 payscale details have been shared in the table below along with the grade and the posts advertised.

Post Name Grade Pay Scale
Assistant Manager JMGS-I 36000-1490/7-46430-1740/2-49910-1990/7/-63840
Assistant General Manager SMGS-V 89890-2500/2-94890-2730/2-100350
Manager MMGS-III 63840-1990/5-73790-2220/2-78230
Deputy Manager MMGS-II 48170-1740/1-49910-1990/10-69810
Chief Manager SMGS-IV 76010-2220/4-84890-2500/2-89890
Project Manager MMGS-II 48170-1740/1-49910-1990/10-69810
Senior Project Manager SMGS-IV 76010-2220/4-84890-2500/2-89890

SBI SO Annual Package

The Annual Cost to Company (CTC) will be based on the candidate’s experience, current salary, and job location. The CTC package includes 70% fixed pay and 30% variable pay. Annual increments are as follows:

  • 1st year: 5% increase
  • 2nd year: 6.5% increase
  • 3rd year: 7% increase

SBI SO Salary Perks and Allowances

Along with the SBI SO Salary 2024, candidates are also subjected to certain Perks and Allowances. The details of the SBI SO Perks and Allowances 2024 have been shared below.

  • DA
  • HRA
  • CCA
  • PF
  • Contributory Pension Fund i.e., NPS, LFC
  • Medical Facility etc

SBI SO Salary Roles and Responsibilities

Along with the salary, candidates must also know about the roles and responsibilities they need to handle. As a Specialist Officer, the job role which a candidate has to fulfil is shared below:

  • Communicate with customers and business partners to understand their needs.
  • Identify and manage tasks related to their specific field as required by the business.
  • Install, configure, and monitor systems and servers.
  • Troubleshoot and resolve any issues that arise.
  • Prepare and submit status reports after collecting data from different departments.

 

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FAQs

1. What is the salary for an SBI Specialist Officer (SO) in 2024?

The salary varies by post. For example, an Assistant Manager (JMGS-I) earns between ₹36,000 and ₹63,840, while an Assistant General Manager (SMGS-V) earns between ₹89,890 and ₹1,00,350.

2. What is the annual package for an SBI Specialist Officer (SO)?

The annual CTC includes 70% fixed pay and 30% variable pay. Annual increments are 5% in the first year, 6.5% in the second year, and 7% in the third year.

3. What are the roles and responsibilities of an SBI Specialist Officer (SO)?

SBI SOs communicate with customers and business partners, manage field-specific tasks, install and monitor systems, troubleshoot issues, and prepare status reports.

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