The State Bank of India (SBI) holds the distinction of being the largest and oldest public sector bank in India. Its rich history dates back to 1806 when it was established as the Bank of Calcutta. Over the years, it has undergone significant growth and transformation to become the institution it is today. With a network of over 22,000 branches and more than 58,000 ATMs spread across the country, SBI has established a formidable presence.
SBI presents a wide array of career prospects for individuals aspiring to work in the banking sector. Various positions are available within the bank, including bank clerk, probationary officer, specialist officer, and manager.
To be considered for any of these positions, candidates must satisfy the eligibility requirements stipulated by SBI.
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For instance, aspiring bank clerks are required to possess a bachelor's degree in any discipline from a recognized university. As for those seeking the role of probationary officer, a postgraduate degree in any discipline from a recognized university is mandatory.
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Here is a detailed overview of the various posts and career paths available at the SBI:
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Probationary Officer (PO): This is the most popular and prestigious career path at the SBI, and is open to candidates with a graduate degree in any discipline. POs are trained to be the next generation of bank managers and leaders and are responsible for managing various banking operations and customer relationships. The selection process for POs involves a written exam and an interview, and the training program includes classroom sessions, on-the-job training, and project work.
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Specialist Officer (SO): The SBI also recruits candidates with specialized skills and expertise for various roles in the bank, such as IT, law, agriculture, marketing, and finance. The selection process for SOs involves a written exam and an interview, and the training program is tailored to the specific job requirements.
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Clerk: The SBI recruits candidates with a minimum qualification of 12th standard for the role of clerks, who handle various administrative and customer service tasks in the bank. The selection process for clerks involves a written exam and an interview.
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Assistant Manager (AM): The SBI also recruits candidates with a graduate degree and relevant work experience for the role of AMs, who are responsible for managing various operations and projects in the bank. The selection process for AMs involves a written exam and an interview, and the training program includes on-the-job training and project work.
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Deputy Manager (DM): The SBI also recruits candidates with a graduate degree and relevant work experience for the role of DMs, who are responsible for managing various operations and projects in the bank. The selection process for DMs involves a written exam and an interview, and the training program includes on-the-job training and project work.
6. Manager: The SBI also recruits candidates with a graduate degree and relevant work experience for the role of managers, who are responsible for managing various operations and projects in the bank. The selection process for managers involves a written exam and an interview, and the training program includes on-the-job training and project work.
Salary Structure at SBI Post-Wise
1) Probationary Officer (PO)POs are responsible for managing various banking functions such as customer service, marketing, and financial analysis. They are also responsible for supervising the work of junior officers and clerks.
The starting salary for a PO at SBI is around Rs. 27,620 per month. This includes a basic pay of Rs. 23,700, along with various allowances such as dearness allowance, house rent allowance, and city compensatory allowance.
In addition to the salary, POs also receive various perks such as medical insurance, provident fund, and gratuity. They also have the option to avail of a home loan at a discounted interest rate.
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2) Assistant Manager
Assistant Managers are responsible for supervising the work of junior officers and clerks and assisting in the management of banking functions.
The starting salary for an Assistant Manager at SBI is around Rs. 31,450 per month. This includes a basic pay of Rs. 29,000, along with various allowances such as dearness allowance, house rent allowance, and city compensatory allowance.
Assistant Managers also receive various perks such as medical insurance, provident fund, and gratuity. They also have the option to avail of a home loan at a discounted interest rate.
3) Deputy Manager
Deputy Managers are responsible for managing various banking functions and supervising the work of junior officers and clerks.
The starting salary for a Deputy Manager at SBI is around Rs. 35,300 per month. This includes a basic pay of Rs. 32,900, along with various allowances such as dearness allowance, house rent allowance, and city compensatory allowance.
Deputy Managers also receive various perks such as medical insurance, provident fund, and gratuity. They also have the option to avail of a home loan at a discounted interest rate.
4) Manager
Managers are responsible for managing various banking functions and supervising the work of junior officers and clerks.
The starting salary for a Manager at SBI is around Rs. 39,150 per month. This includes a basic pay of Rs. 36,800, along with various allowances such as dearness allowance, house rent allowance, and city compensatory allowance.
Managers also receive various perks such as medical insurance, provident fund, and gratuity. They also have the option to avail of a home loan at a discounted interest rate.
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5) Senior Manager
Senior Managers are responsible for managing various banking functions and supervising the work of junior officers and clerks.
The starting salary for a Senior Manager at SBI is around Rs. 43,000 per month. This includes a basic pay of Rs. 40,600, along with various allowances such as dearness allowance, house rent allowance, and city compensatory allowance.
Senior Managers also receive various perks such as medical insurance, provident fund, and gratuity. They also have the option to avail of a home loan at a discounted interest rate.
Post | Salary Range |
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Probationary Officer (PO) | INR 23,700 to INR 42,020 per month |
Specialist Officer (SO) | INR 24,900 to INR 50,500 per month |
Clerk | INR 11,765 to INR 31,540 per month |
Assistant Manager | INR 31,705 to INR 45,950 per month |
Deputy Manager | INR 42,020 to INR 51,490 per month |
Manager | INR 50,030 to INR 59,170 per month |
Senior Manager | INR 59,170 to INR 66,070 per month |
Chief Manager | INR 66,070 to INR 76,520 per month |
Detail Information about the Exam
Probationary Officer (PO)The SBI Probationary Officer (PO) recruitment is a competitive exam conducted by the State Bank of India (SBI) for the selection of candidates for the post of Probationary Officer (PO). This is a prestigious position in the bank, and the selected candidates will be trained for a period of 2 years in various departments of the bank.
Eligibility Criteria:
- The candidate must have a graduation degree in any stream from a recognized university.
- The candidate must be between the age of 21 and 30 years.
- The candidate must be an Indian citizen.
Selection Process:
- The selection process consists of three stages:
- Preliminary Exam: This is an online exam consisting of 100 questions in English Language, Quantitative Aptitude, and Reasoning Ability.
- Main Exam: This is an online exam consisting of 200 questions in English Language, Quantitative Aptitude, Reasoning Ability, General Awareness, and Computer Knowledge.
- Group Discussion and Interview: Candidates who qualify in the main exam will be called for a group discussion and interview.
- The Preliminary Exam consists of 100 questions to be completed in 1 hour.
- The Main Exam consists of 200 questions to be completed in 3 hours.
- The application process for the SBI PO recruitment is conducted online.
- The candidates need to visit the official website of SBI and fill out the application form.
- The application fee is INR 750 for General/OBC candidates and INR 125 for SC/ST/PWD candidates.
- The candidates need to upload their scanned photograph and signature in the prescribed format.
- After submitting the application form, the candidates need to take a printout of the application form and keep it for future reference.
- The notification for the SBI PO recruitment is usually released in the month of April/May.
- The online application process starts in the same month.
- The preliminary exam is usually conducted in the month of June.
- The main exam is usually conducted in the month of July.
- The group discussion and interview are usually conducted in the month of August/September.
Specialist Officer (SO)
The State Bank of India (SBI) recruits Specialist Officers (SOs) for various positions such as IT, Marketing, Human Resources, Agriculture, Legal, and other specialized fields.
Eligibility:- Candidates must hold a bachelor's or master's degree in the relevant field from a recognized university.
- Age limit: Candidates should be in the age group of 21-35 years, with age relaxations for reserved categories as per government norms.
- The selection process for SBI SO recruitment consists of an online written test and an interview.
- The online written test consists of questions from the relevant field, general awareness, reasoning, and English language.
- Candidates who clear the written test will be called for an interview, where they will be evaluated on their knowledge and skills in the relevant field.
- The application process for SBI SO recruitment is conducted online on the official SBI website.
- Candidates have to fill in their personal and educational details, upload their documents, and pay the application fee online.
- The application fee is INR 750 for general candidates and INR 125 for reserved categories.
- The notification for SBI SO recruitment is released on the official website and in leading newspapers.
- The online application process usually starts a few days after the notification is released and continues for a few weeks.
- The written test and interview are conducted a few weeks after the application process ends.
- The final selection list is usually released a few weeks after the interview.