The call letters for the State Bank of India (SBI) Probationary Officers (POs) posts, where there are 1897 vacancies, has been put up on our sister site, also the official site - sifyitest.
Candidates can go to this link - http://ibpsreg.sifyitest.com/sbipoofmay14/login.php?appid=c134alqasaeiqsdindwe - and download it.
The written examination for the recruitment will be conducted in the month of June 2014 tentatively, most probably on the June 14 say reports.
The starting basic pay for SBI Probationary Officers (SBI PO) is Rs 16900/-(with 4 increments) in the scale of 14500-600/7-18700-700/2-20100-800/7-25700 applicable to Junior Management Grade Scale I.
The officer will also be eligible for DA (Dearness Allowance), HRA (House Rent Allowance) & CCA (Compensatory City Allowance) as per rules in force from time to
The compensation per annum in Mumbai is around Rs 840000.
The break up of monthly compensation is as under:
* Cash Component Rs 34320/-
* Bank's contribution to PF Rs 1690/-
* Housing (Lease Rental) Rs 29500/-
* Perquisites (Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc.) Rs 4130/-
In addition, the officers are also entitled to other benefits like:
(i) Medical Aid for self (100%) and for family (75%)
(ii) Home Travel Concession/Leave Fare Concession
(iii) Concessional Interest Rates for Housing/Car/Personal Loans
Note: The salary scales are under revision with effect from November 2012.