SBI PO Salary 2026 offers an attractive compensation package for Probationary Officers. The initial basic pay starts at ₹56,480, which includes four advance increments. The full pay scale follows this structure: ₹48,480 with an annual increment of ₹2,000 for 7 years, then ₹62,480 with ₹2,340 increment for 2 years, followed by ₹67,160 with ₹2,680 increment for the next 7 years. The maximum basic salary that can be reached is ₹85,920. In addition to the basic pay, allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), and Special Allowance contribute to a gross monthly salary of approximately ₹93,343. After deductions, the in-hand salary for SBI PO 2026 is around ₹80,350.
The base pay of an SBI PO has been increased in the 11th Bipartite Settlement. The revised pay structure offers a decent sum in hand from the very beginning. Candidates can check the new SBI PO 2026 Salary structure in the below table-
| Salary Component | Pay Scale Details |
|---|---|
| Basic Pay | ₹48,480/- (+ 4 advanced increments) |
| Increment Cycle | ₹2,000 increment for the first 7 years |
| Next increment | ₹2,340 increment for the next 2 years |
| Highest Scale | ₹85,920/- as basic pay after completion of the entire scale |
A newly appointed SBI PO is likely to receive a gross salary of ₹94,581 per month. After deducting all taxes, the monthly in-hand salary will be in the range of ₹84,000 - ₹85,000. Candidates can check below for SBI PO 2026 Salary breakup-
| Earnings | Amount (INR) |
|---|---|
| Basic Pay | ₹48,480 |
| Special Allowance | ₹14,967 |
| House Rent Allowance | ₹5,648 |
| Dearness Allowance | ₹14,336 |
| City Compensation Allowance | ₹2,300 |
| Learning Allowance | ₹850 |
| Gross Salary | ₹94,581 |
| Deductions (PF, Tax, etc.) | ₹9,617 |
| Net In-hand Salary | ₹84,964 approx. |
SBI POs are also awarded attractive allowances that inflate their total pay package-
| Allowance | Details |
|---|---|
| DA (Dearness Allowance) | 19.83% of Basic Pay |
| HRA (House Rent Allowance) | 7% to 9% depending on the city |
| CCA (City Compensatory Allowance) | 3-4% of Basic |
| Medical Insurance | 100% for employee, 75% for dependents |
| Travel Allowance | Reimbursement of AC 2-tier fare for official travel |
| Other perks | Petrol, Entertainment, Newspaper Allowances, etc. |
SBI POs have a good career path. Candidates, after being shortlisted, then go under probation and training and become a Junior Manager Grade Scale-I (JMGS-I) on completion of their probation and training. With periodic promotions, they can progress to senior management positions, including-
Ques: What will be the initial in-hand salary of an SBI PO Officer in 2026?
Ans: The in-hand salary of an SBI PO Officer in 2026 is around ₹84,000-85,000 per month, including the allowances and after all the deductions.
Ques: What is the starting salary of an SBI PO Officer?
Ans: SBI PO in 2026 will receive the basic pay of ₹48,480, as per the fourth increment in the 11th Bipartite Settlement.
Ques: What allowances do SBI POs receive in addition to their salary?
Ans: Yes, over and above the basic pay payable, the following allowances are provided: Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), Newspaper and Entertainment Allowance, Medical Insurance, Travelling Allowance, etc.
Ques: What is the job profile and promotion career path of an SBI PO?
Ans: After being appointed as a Junior Manager (Scale-1), an SBI PO can work their way up the ladder – Assistant Manager, Deputy Manager, Manager, Chief Manager, Assistant General Manager, and finally up to Managing Director or Chairman.
Ques: What is the maximum salary that SBI PO can earn?
Ans: The highest in-hand salary of SBI PO after all increments is ₹85,920/- per month. It does not include other perks and allowances.
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