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SBI CBO monthly salary starts at Rs 48,480, with additional perks. Learn about the complete salary structure, job profile, career growth, and allowances for Circle Based Officers in SBI.
SBI CBO Recruitment 2025
- Vacancies: 2964
- Application Dates: May 9–29, 2025
- Selection Process: Online Exam, Screening, Interview, Local Language Test
SBI CBO Salary Structure
- Pay Scale: Rs 48,480-2000/7-62480-2340/2-67160-2680/7-85920
- Starting Basic Pay: Rs 48,480 + 2 increments (if 2+ years of officer experience)
- Annual Increments:
- Rs 2000 for 7 years
- Rs 2340 for next 2 years
- Rs 2680 for next 7 years
In-Hand Salary
- Estimated in-hand salary: Rs 50,000 – Rs 52,000/month
- Includes basic pay and allowances
Perks and Allowances
- Dearness Allowance (DA)
- House Rent Allowance (HRA) / Lease Rental
- City Compensatory Allowance (CCA)
- Provident Fund (PF)
- Contributory Pension (NPS)
- Leave Fare Concession (LFC)
- Medical Facility
SBI CBO Job Profile
- Manage branch operations: account opening, chequebooks, etc.
- Sanction and monitor loans
- Resolve customer issues
- Maintain customer relationships
- Execute tasks assigned by senior officials
Probation Period
- Duration: 6 months
- Includes regular assessments
- Successful candidates confirmed in JMGS-I
- Unsuccessful candidates may be terminated
Career Growth
- Recruited in the general cadre
- Governed by SBI’s promotion policy
- No inter-circle or foreign posting till SMGS-IV grade or 12 years of service, whichever is later
