Table of Contents
The SBI CBO Salary 2025 is one of the main reasons why many people want to apply for the Circle Based Officer post. SBI gives a good salary along with many benefits and allowances that make this job more attractive. The salary includes basic pay, dearness allowance, house rent allowance, and other benefits. These give the employee a secure and rewarding career in banking. Knowing the full salary details can help candidates understand the benefits of choosing the SBI CBO role.
SBI CBO Salary 2025
For the SBI Circle Based Officer Salary 2025 the starting basic pay is Rs. 48,480 in the pay scale of 48480-2000/7-62480-2340/2-67160-2680/7-85920, along with two advance increments for those with at least 2 years of officer-level experience in a Scheduled Commercial Bank or Regional Rural Bank. The officer is also entitled to allowances like Dearness Allowance (DA), House Rent Allowance (HRA) or lease rental, City Compensatory Allowance (CCA), Provident Fund, Contributory Pension under NPS, Leave Fare Concession (LFC), medical facilities, and other benefits as per the bank’s rules. SBI provides a good salary package with additional perks, making the CBO post a rewarding career choice in banking.
SBI Circle Based Officer Salary 2025: Overview
The SBI CBO Salary notifies the compensation package received by the Circle Based Officer. Interested candidates must go through the SBI CBO Salary 2025 structure to boost their zeal for recruitment. Here, we have mentioned the SBI CBO Salary details in a tabular format.
SBI CBO Salary 2025 | |
Organization | State Bank of India |
Post | Circle Based Officers |
Category | Salary |
Selection process | Online Examination, Screening and Interview |
Vacancy | To be Announced |
Pay scale | Rs. 48480-2000/7-62480-2340/2-67160-2680/7-85920 |
Basic Pay | Rs. 48,480/- |
Official Website | www.sbi.co.in. |
WhatsApp Official Channel | Join WhatsApp Channel |
Telegram Official Channel | Join Telegram Channel |
SBI CBO Salary Structure 2025
SBI CBO Salary Structure 2025 will be clearly mentioned in the SBI CBO Notification 2025 PDF. For a detailed review, we have mentioned all the details related to the SBI Circle Based Officers Salary Structure 2025 (based on previous notification) in the table below.
SBI CBO In Hand Salary 2025
SBI CBO In Hand Salary 2025 involves great basic pay along with other allowances and benefits. The initial basic pay of the position will be Rs. 48,480/-. If a newly joined SBI CBO Candidate has two years of experience in the officer cadre in any Scheduled Commercial Bank or Regional Rural Bank, they will be getting two advance increments.
SBI CBO Salary 2025 Emoluments
Along with a lucrative SBI CBO Salary 2025, SBI Circle-Based Officers also benefitted from various perks and allowances. We are providing you the complete list of allowances that will be enjoyed by a Circle based officer once appointed.
SBI CBO 2025 Perks and Allowances | |
---|---|
Allowance | Amount |
Dearness Allowance | 17.20% of the Basic Pay |
City Compensatory Allowance | 3% – 4% depending on location |
House Rent Allowance | 7% – 9% depending on the Place of Posting |
Medical Insurance | 100% covered for employees | 75% covered for dependent family |
Travelling Allowance | AC 2-tier fare is reimbursed to the employee for official travels |
Petrol Allowance | INR 1,100 – 1,250 |
Newspaper Allowance, Entertainment Allowance, Books Allowance, etc. |
Varies based on the post of Cadre |
SBI CBO Salary 2025 Perks
Given below are some of the perks that will be given to the SBI Circle-Based Officer along with the SBI CBO Salary 2025
1. A SBI CBO gets a contribution Pension Scheme/New Pension Scheme.
2. The availability of medical Aid for self (100%) and for family (75%).
3. LTC will be given as well.
4. Home Travel Concession/ Leave Fare Concession will also be given.
5. Concessional interest rates for Housing/ Car/ Personal Loans will be there.
SBI CBO Salary 2025 Job Profile
The circle-based officers have to perform certain key responsibilities in the bank. The job profile of an SBI CBO comprises the following:
- Sanction loan packages
- Manage the main branch functions
- Make sure that the important policies are implemented successfully
- Maintain a good relationship with the customers
- Monitor the operations performed in the bank
- Ensure accounting work is done correctly.
SBI CBO Salary: Promotion and Career Growth
After getting selected as an SBI Circle Based Officer (CBO), candidates will go through a probation period of 6 months. During this time, they will be regularly assessed to check their performance and suitability for the job. Those who meet the required standards set by the bank will be confirmed and promoted to Junior Management Grade Scale-I (JMGS-I). If a candidate does not meet the bank’s standards during probation, they may be removed from service as per bank rules. Once confirmed, the candidates will be part of the general officer cadre and will get promotion opportunities as per the bank’s promotion policy for general cadre officers.
Related Posts | |
SBI CBO Syllabus | SBI CBO Previous Year Question Papers |
SBI CBO Cut Off |