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South Indian Bank PO Salary 2021, Salary Structure, in-hand Salary, Job Profile & Promotion

South Indian Bank PO Salary 2021: The salary of the South Indian Bank PO makes the job profile so coveted amongst the banking aspirants. It is a good opportunity for all the banking aspirants because Apart from the salary there are lucrative perks and allowances offered by the South Indian bank. The official notification for the recruitment of SIB PO 2021 was released on 1 September 2021. Eligible candidates who wish to apply for this recruitment must check the south Indian bank PO salary 2021 given in the article below.

South Indian Bank PO Recruitment 2021

 

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South Indian Bank PO Salary 2021

The South Indian bank provides great opportunities for ambitious and enthusiastic candidates. And this year too the South Indian Bank has invited applications for the post of probationary officers. Candidates can check the detailed South Indian Bank PO Salary Structure and Payscale from the table mentioned below:

South Indian Bank PO Salary 2021
Pay Scale Rs. 36,000 – 1,490/7 – 46,430 – 1,740/2 – 49,910 – 1,990/7 – 63,840.
Other Benefits 
  • One Additional Increment each for JAIIB and CAIIB
  • Will be eligible for Performance Linked Incentives (PLI) and all other benefits as applicable to
    the Scale I officers as per the scheme in vogue.

South Indian Bank PO Perks and Allowances

The South Indian Bank PO salary is not the only part that makes this job profile so lucrative. Apart from the basic salary, various allowances will be provided to the South Indian Bank PO, they are :

  • Special allowance
  • Dearness allowance
  • House rent allowance
  • City competitive allowance

South Indian Bank PO Job Profile

There are many responsibilities and duties that a probationary officer has to take part in. The job profile of a South Indian Bank probationary officer includes:

  • Branch banking
  • Business development
  • Treasury
  • Foreign exchange market
  • Marketing
  • Credit
  • Central processing Centre
  • Budgeting
  • Loan processing and approval
  • Investment management,etc.

South Indian Bank PO Selection Procedure

The selection procedure of a South Indian bank PO includes the following stages:

  • Online test
  • Interview

Candidates clearing both these stages will be selected for the post of South Indian Bank PO 2021.

South Indian Bank PO Salary 2021: FAQs

Q. What is the South Indian Bank PO Salary in 2021?

Ans: The SouthIndian Bank PO is assigned to the approved Pay Scale of Rs. 36,000 – 1,490/7 – 46,430 – 1,740/2 – 49,910 – 1,990/7 – 63,840.

Q. What is the selection process of South Indian Bank PO 2021?

Ans: The selection process of a South Indian Bank PO 2021 includes: Online Test and Final Interview.

Q. Is South Indian Bank PO a transferable job?
Ans: Yes, a South Indian Bank PO is a Transferable Job.

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