State Bank of India (SBI) recently issued a notification on 23 June 2025, in which 541 vacancies have been announced for the post of Probation Officer (PO). With the last date to apply on 14 July 2025, candidates from across the country are eyeing this golden occasion. However, the big attention that has attracted this year is an impressive salary structure introduced by SBI. According to the official notification, the cost of SBI PO’s company (CTC) posted in a metro city like Mumbai has reached ₹ 20.43 lakhs per year, making it one of the most economically awarded banking posts in the public sector.
SBI PO salary increases up to 20.43 LPA
Salary for SBI PO Recruitment 2025 Apparently shows a significant jump in total compensation, making it a highly desirable work in the government sector. Suppose you are targeting a well -paid career with a prestigious and safe banking status, 20.43 LPA CTC. In that case, it is an opportunity to seriously prepare and apply before July 14, 2025. With each year’s competition intensifying, the role that gives initial preparation and awareness will give you the edge you need.
Read, SBI PO notification 2025
Basic pay structure of SBI PO 2025
According to the salary scale shared by SBI, the initial basic salary for an probationary officer is ₹ 48,480/- with four advance increments. Follows the structure of salary:
₹ 48,480 – 2000 (7) – 62,480 – 2340 (2) – 67,160 – 2680 (7) – 85,920
This means that the PO will get annual growth, and from years, the basic salary can increase significantly based on the years of service and promotion. The structure is applicable to junior management grade scale-I. With the original salary, a series of attractive allowances and allowances further promoted the total compensation.
SBI after CTC
A major attraction of this year’s notification is ₹ 20.43 lakhs of the estimated GDP in metropolitan posting like Mumbai. This figure includes:
- Dearness allowance (da)
- Home Fare Allowance (HRA) or Lease Fare
- City compensatory allowance (CCA)
- Provident fund contribution
- Contribution Pension Scheme (NP)
- Leave holiday concession (LFC)
- medical benefits
- Miscellaneous accessories like furniture allowance, books and magazine reimbursement, fuel allowance, mobile bill, etc.
Comment: It is important to note that it. The 20.43 LPA data company (CTC) is a cost for estimates; The actual in-hand pay posting, housing system (leased leased), and income tax, NPS contribution, etc. will vary.
Why is SBI PO among the most favorite bank jobs?
With a competitive salary structure, progression of excellent career, and benefits, rival is one of the top options for private sector jobs, rivals, SBI PO Banking Aspirants. , 20.43 LPA reflects responsibilities and expectations related to pay role. In addition, it outlines SBI’s commitment to attract top talent and maintain skilled officials, giving them compensation that reflects market dynamics and cost of life.