State Bank of India provides a good and competitive salary package to its Circle-Based Officer (CBO). Due to this, the SBI CBO recruitment attracts top-level aspirants who want to get this prestigious job. In this article, we are going to talk about the SBI CBO officer salary 2025, i.e., the in-hand salary, different perks, allowances, and career advancement opportunities. Find out all you'd like to know about the compensation package and allowances related to the SBI Circle-Based Officer role. |
SBI CBO Salary 2025: Pay Scale and Benefits Overview
The State Bank of India (SBI) Circle Based Officers (CBO) job is an extremely coveted post with a highly competitive pay package and sufficient chances of growth. Since SBI appoints CBOs at the Junior Management Grade Scale 1 (JMGS-I), the candidate is assured of a clearly structured remuneration that appreciates tenure and experience. Below is the comprehensive outline of the SBI CBO compensation package for the year 2025:
Position & Grade
- Officers are put on Junior Management Grade Scale 1 (JMGS-I)
- Generally comprise officers brought up from clerical ranks to the cadre of officers
Basic Salary Structure:
- Basic pay of Rs. 48,480 at induction
- Increase of Rs. 2,000 every year for the first 7 years
- Then a basic pay of Rs. 62,480 with Rs. 2,340 annual increments for 2 years
- Long-term growth culminating in a maximum basic salary of Rs. 85,920
Salary Growth Timeline
- First 7 years: consistent growth with Rs. 2,000 increments per year
- Later years: higher increments of Rs. 2,340/year for two years
- Last salary: up to Rs. 85,920, indicating huge growth opportunities
Other Benefits:
- In addition to the basic salary, CBOs are also eligible for a range of allowances, benefits, and perks that add to the overall package
SBI CBO In-Hand Salary 2025
SBI CBO basic pay is also very competitive for Circle Based Officers, providing an excellent in-hand salary in 2025. For the understanding purpose, SBI CBOs' net in-hand pay in 2025 will be approximately Rs. 80,964.
SBI CBO Salary Structure 2025
SBI CBO 2025 salary structure is formulated to provide a competitive and progressive scale of pay, bearing in mind the growth opportunities in the job. The salary elements and increases are as follows in a detailed break-up:
SBI CBO Salary Slip 2025 – Comprehensive Overview
The SBI CBO salary slip 2025 displays the salary structure per month, and each allowance is included in the overall pay. The gross monthly remuneration is approximately Rs. 90,581, which is the sum of basic pay and allowances. By deducting approximately Rs. 9,617, the net in-hand pay comes out to approximately Rs. 80,964. This breakdown gives a representation of the constituting components of the SBI CBO salary in 2025.
SBI CBO Perks and Allowances 2025
The allowances and benefits provided to SBI Circle Based Officers (CBOs) are intended to augment their overall compensation package. In addition to a competitive salary, SBI CBOs are eligible for a range of allowances and benefits that promote their well-being and financial security.When appointed as an SBI CBO, the candidates will also get the following allowance and benefits along with their basic monthly salary:
- Dearness Allowance (DA)
- City Compensatory Allowance (CCA)
- House Rent Allowance (HRA)
- Medical Insurance Cover
- Traveling Allowance
- Petrol / Fuel Allowance
- Lease Rental Allowances
- Provident Fund (PF) Contribution
- Contributory Pension Scheme (NPS), Leave Fare Concession (LFC), Medical Facilities, etc.
SBI CBO Perks
Find the lavish benefits to be enjoyed by SBI Circle Based Officers (CBOs). According to existing rules, SBI CBOs are eligible for a variety of prestigious perks, including:
- Contribution Pension Scheme / New Pension Scheme (NPS)
- Medical Assistance: Self - 100%, Family - 75%
- Leave Travel Concession (LTC)
- Home Travel Concession / Leave Fare Concession
- Special Concessional Interest Rates on Housing Loans, Car Loans, and Personal Loans
SBI CBO Promotion & Career Development Opportunities
SBI Circle Based Officers (CBOs) are employed on probation for 6 months, whose performance is continuously reviewed. Suitable candidates are appointed to Junior Management Grade Scale-I (JMGS-I). Others are liable to be terminated as per bank regulations. CBOs belong to general cadre and are liable to be promoted as per SBI's regular promotion guidelines, with transfer barriers up to reaching SMGS-IV grade or 12 years of service.
