SBI Specialist Officer Salary in Hand 2020 - Perks & Allowances of SBI SO Posts

Sruthi | Jul 23, 2020


Name of the Recruitment BoardState Bank of India
Name of the PostsSpecialist Cadre Officers and Armourers in Clerical Cadre
Number of Posts
Selection Process
Written Exam & Interview
Job TypeBank Jobs
Work LocationPan India
Official Website

SBI Specialist Officer Pay Scale 2020

SBI SO Salary 2020: Job hunters can get the post wise Salary details for SBI SO posts on this page. Check out the In-Hand Salary, Allowances, Benefits, and Promotions in the following modules. State Bank of India provides excellent career growth along with a good salary. Candidates can get the complete details of pay scale as per the official notification. 

The minimum basic salary of SBI SO Grade 1 is Rs. 23,7000/- excluding DA, HRA and other allowances.

SBI SO Post Wise Salaries

SBI SO Post/GradePay Scale/Salary
Head (Product, Investment & Research)
Rs 80 lakh - Rs 99.62 lakh (yearly)
Central Research Team (Portfolio Analysis & Data Analytics)
Rs 25 lakh to Rs 50 lakh (yearly)
Central Research Team (Support)
Rs 7 - 10 lakh (yearly)
Investment Officer
Rs 12 - 18 lakh (yearly)
Project Development Manager (Technology)
Rs 12 - 18 lakh (yearly)
Relationship Manager
Rs 6 lakh - Rs 15 lakh (yearly)
Relationship Manager (Team Lead)
Rs 10 lakh - Rs 28 lakh (yearly)
Vice President (Stressed Assets Marketing)
Rs 40 - 43 lakh (yearly)
Chief Manager (Special situation Team)
Deputy Manager (Stressed Assets Marketing)
Chief Officer (Security)
Rs 1.40 lakh 
Deputy Manager (IS Audit)
Banking Supervisor SpecialistNegotiable CTC + Monthly Mobile Expenses, Travel Expenses
Manager – Anytime Channels
Executive (FI & MM)
Rs. 6 Lakh (yearly)
Sr. Executive (Social Banking & CSR)
Rs 10 lakh (yearly)
Sr. Executive (Digital Relations)
Rs 12 - 20 lakh  (yearly)
Sr. Executive (Analytics)
Rs 12 - 20 lakh (yearly)
Sr. Executive (Digital Marketing)
Rs 12 - 20 lakh (yearly)
Faculty, SBI Kolkata
Rs 25 lakh - Rs 40 lakh
Product Manager
Manager (Data Analyst)
Manager (Digital Marketing)
SME Credit Analyst

SBI SO Allowances and Perks

Candidates will receive salary along with the allowances and perks. They are

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

SBI SO Related Posts

SBI SO Recruitment
SBI SO Vacancy
SBI SO Exam Pattern
SBI SO Exam Date
SBI SO Result

Other Related Govt Jobs

Frequently Asked Questions

Q. What is the starting salary for Specialist Officer in SBI?

Ans: The starting salary for SO in SBI is Rs 23,700 to Rs 50,030 based on the post and the residence of the selected candidate.

Q. Which post has the highest paid SBI SO Salary?

Ans: The Senior Management Grade has the highest SBI SO Salary.

About Author



Being a content writer, I have been providing the latest information pertaining to the live upcoming job notifications across the country. Therefore, my objective is to produce the accurate information to the candidates who are looking/preparing for the various exams that are posting by the officials. 

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