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Let’s Know About SBI SO Salary in-hand,Pay Scale, Allowances & Perks [SBI Specialist Officer Vacancy 2020]

SBI SO Salary 2020: Recently SBI SO 444 vacancy released, for the post of Executive, Senior Executive, Central Research Team, Head, Investment Officer, Project Manager, Chief Manager, DM, Faculty, Relationship Manager, Manager, Banking Supervisory Specialist, VP, Data Protection Officer and others under the Specialist Cadre Officers.

lots of candidates have a curiosity about the SBI SO salary or pay scale (SBI Specialist Office salary 2020), the SBI SO requirement consist of different types of post so there salary and pay scale also different according to the post. In this article, we are sharing the post wise SBI SO Salary List.

SBI SO Salary in-hand, Pay Scale, Allowances & Perks

SBI SO Post/Grade

Salary or PayScale

Head (Product, Investment & Research) Rs 80 lakh – Rs 99.62 lakh


Central Research Team (Portfolio Analysis & Data Analytics) Rs 25 lakh to Rs 50 lakh


Central Research Team (Support) Rs 7 – 10 lakh


Investment Officer Rs 12 – 18 lakh


Project Development Manager (Technology) Rs 12 – 18 lakh


Relationship Manager Rs 6 lakh – Rs 15 lakh


Relationship Manager (Team Lead) Rs 10 lakh – Rs 28 lakh


Vice President (Stressed Assets Marketing) Rs 40 – 43 lakh

(Annually) – No Increment

Chief Manager (Special situation Team) 50030-1460/4-55870-1650/2-59170
Deputy Manager (Stressed Assets Marketing) 31705-1145/1-32850-1310/10-45950
Chief Officer (Security) Rs 1.40 lakh (Monthly)

Increment of Rs 21,000 – 2nd year

Increment of Rs 24,000 – 3rd year

Deputy Manager (IS Audit) 31705-1145/1-32850-1310/10-45950.
Banking Supervisory Specialist

(Contract Period 1 Year)

Negotiable CTC + Monthly Moble Expenses, Travel Expenses
Manager – Anytime Channels 42020-1310/5-48570-1460/2-51490
Executive (FI & MM) Rs 6 lakh

(Annually) Fixed 70% + Variable 30%

Sr. Executive (Social Banking & CSR) Rs 10 lakh

(Annually) Fixed 70% + Variable 30%

Sr. Executive (Digital Relations) Rs 12 – 20 lakh

(Annually) Fixed 70% + Variable 30%

Sr. Executive (Analytics) Rs 12 – 20 lakh

(Annually) Fixed 70% + Variable 30%

Sr. Executive (Digital Marketing) Rs 12 – 20 lakh

(Annually) Fixed 70% + Variable 30%

Faculty, SBI Kolkata Rs 25 lakh – Rs 40 lakh
Product Manager 42020-1310/5-48570-1460/2-51490
Manager (Data Analyst) 42020-1310/5-48570-1460/2-51490
Manager (Digital Marketing) 42020-1310/5-48570-1460/2-51490
SME Credit Analyst 42020-1310/5-48570-1460/2-51490

This Salary is negotiable and depends upon the experience of candidates

– These posts are eligible for Performance Linked Pay (PLP) – 0% to 30% and Annual Increment of 0% to 12% on the basis of performance rating by SBI

-Eligible for allowances & perks such as DA, CCA, PF, HRA, LFC, Contributory Pension Fund, Medical Facility as per SBI’s rules

-Increment & allowances will be given on the basis of post and Bank’s rules

Allowances & Perks of SBI SO

In addition to the salary, the SBI Specialist Officer SO is granted with other allowances and perks such as

  • Dearness Allowance (DA) – As per Government’s rules
  • House Rent Allowance (HRA) – As per Government’s rules
  • Provident Fund (PF)
  • Contributory Pension Fund
  • City Compensatory Allowance (CCA)
  • Medical Reimbursement
  • Furniture Allowance
  • Leave fare concession (LFC)
  • Annual Increment in some cases

Also Read:

SBI SO Latest syllabus for Prelims Exam 2020

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