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As we are getting lots of queries regarding salary of Probationary Officer and Clerk, Here we are posting a post on this. Read on..

Typical Salary Structure of a Bank PO - Entry Level (Indicative)

	Major A Class Cities	Other Places in Area I	Other Places
	Metro Cities	(State Capital etc.)	(District Level and Rural Areas)
Basic Pay	14500.00	14500.00	14500.00
Dearness Allowance @ 99.9%	14485.5	14485.5	14485.5
CCA (3% to 4% Max. Rs540/-)	540.00	375.00	0.00
Total Salary (Excluding HRA i.e. if Leased Accommodation is availed by the officer)	Rs 29525.5	Rs 29360.5	Rs 28985.5
HRA - 8.5% ; 7.5%; 6.5%*	Rs 1232.50	Rs 1087.50	942.50
Total Salary (including HRA i.e. if officer does not avail leased accommodation)	Rs 30758.0	Rs 30448.0	Rs 29927.5

Typical Salary Structure of a Bank Clerk - Entry Level (Indicative)

	Places with population	Places with population	Places with population	Other Places
	of more than 45 lakhs	of more than 12 lakhs	5 lakh and above, State Capitals/UT etc
Basic Pay	7200.00	7200.00	7200.00	7200.00
Dearness Allowance	6922.80	6922.80	6922.80	6922.80
HRA - 10 ; 9%; 7.5%,7%	720.00	648.00	540.00	504.00
Total Salary (including HRA )	14842.80	14770.80	14662.80	14626.80

What will be revised salary after 10th Bipartite settlement.

So here we are providing a brief analysis of the salary structure:

Bank Probationary Officer Salary after Revision in 10^th bipartite settlement:

We are expecting minimum 20% increment to this basic pay, but we can expect 25% increment to this basic pay.

1.    If IBA agree for 20% increment, Final Basic Pay will be Rs.27,866. So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.38,678/- (Worst Possible Scenario)

2.    If IBA agree for 25% increment, Final Basic Pay will be Rs.29,026. So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.40,288/- (Somewhat Good)

3.    If IBA agree for 30% increment, Final Basic Pay will be Rs.30,187. So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.41,899/- (Good Settlement)

Bank Clerk Salary after Revision in 10^th bipartite settlement:

We are expecting minimum 20% increment to this basic pay. At most we get 25% increment.

1.    If IBA agree for 20% increment, Final Basic Pay will be Rs.15,374.So, you get total 38.80% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk will be Rs.21,339/- (Worst Possible Scenario)

2.    If IBA agree for 25% increment, Final Basic Pay will be Rs.16,015.So, total Gross Salary of Bank fresher Clerk will be Rs.22,228/- (Somewhat Good)

3.    If IBA agree for 30% increment, Final Basic Pay will be Rs.16,655. So, total Gross Salary of Bank fresher Clerk will be Rs.23,117/- (Good Settlement)

So new salary after revision:

1. Bank PO Salary after revision will be anywhere between Rs.38,678 to Rs.41,899

2. Bank Clerk Salary after revision will be anywhere between Rs.21,339 to Rs.23,117

SBI PO 2014 Recruitment: All Doubts Clarified

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SBI PO 2014 Recruitment: All Doubts Clarified

The much awaited SBI PO 2014 vacancies have been announced (Click here to see the notification) and it has come a boon to lacs of candidates, who could not get an allocation in just concluded IBPS PO III or IBPS Clerk III. Although, number of vacancies in this recruitment project are very few as compared to IBPS PO (just 1837), but, SBI PO commands respect more than any other job in banking sector and hence, one should give his/her best try to grab this opportunity.

 Many of our readers have asked queries regarding this vacancy. Here, we will try to clarify these.

Q. What is the significance of the SBI Probationary Officer (PO) examination?

Ans.  The SBI PO examination is the most prestigious examination as far as bank examinations are concerned. A job in SBI puts a person in a league of his own.

SBI is the biggest bank in India and is among the top 100 banks in the world, it has a rich legacy and culture. It has the largest branch network and customer base in India.

Q. What is the frequency of the SBI PO examination  ?

Ans.  SBI examinations are usually held every 12-18 months, the following table gives a snapshot of the examinations held in the previous years.

Year	Month of Exam	No. of Posts (approx.)	No. of Applicants	Applicants/post
2010	April	4500 (2500 Rural business)	3.66 Lac	81
2011	August	1000	5.1 Lac	510
2013	April	1500	17.0 Lac	1142
2014	June	1800

If you look carefully at the table above the no. of applicants per post has increased tremendously, read our previous article. http://www.bankersadda.com/2013/03/an-insight-into-why-sbi-po-job-is.html.

Q. What is different about the SBI PO examination from IBPS PO examination

Ans. Refer Table below

  

A. ELIGIBILITY CRITERIA

S.no	Description	SBI PO 2014	IBPS PO 2013
1	Educational Qualification	Graduate	Graduate
2	Final Year Students Eligible	Yes, if result is produced on or before 10.08.2014	No
3	No. of Attempts	4 - General, 7 OBC, and SC/ST unlimited, PWD-7, PWDSC/ST- unlimited	No. Such restrictions

B. EXAMINATION STRUCTURE

S.no	Description	SBI PO 2014	IBPS PO 2013
1	No. of Sections	4 Sections of 50 marks each	5 sections of 40 marks each
2	Maths Section	More focus on Data Interpretation	More focus on Numerical ability
3	Marketing Section	Included in Syllabus	Excluded from Syllabus
4	GA Section	Combined Section with Computer and Marketing	Separate Section
5	Computer Section	Combined Section with GA and Marketing	Separate Section
6	Descriptive Section	Included	Excluded
7.	Time allowed	2 hours	2 hours
8.	Sectional Cut off	Yes	Yes
9.	Phase- II	Group Discussion and Interview	Interview only

Q. What is the difference in  Basic Pay between SBI PO and other PO posts ?

Ans  The  starting basic pay  of a SBI PO is Rs 16,900 while the basic pay of other POs is Rs 14500/- with Rs 600 increment initially. So an SBI PO is already 4 increments higher than other POs. Please note that this is only Basic Pay and does not include any other allowance

Q. I am a final year graduate can I apply ?

Ans. Yes , you can apply , provided you can provide proof of your having passed the examination by 10.08.2014

Q. I have been giving SBI from the past many years can I apply ?

Ans.   Your attempts will be counted from the SBI 2010 examination held on 18.04.2010, if you have not exceeded the attempts restriction from this date then you can apply. In other words it means that attempts given in earlier years shall not be counted. However if you have given any of the SBI PO April 2010, SBI PO August 2011, SBI PO April 2013 , these attempts will be counted, subject to applicable category attempts restrictions.

HAPPY READING

Dear reader here we are presenting syllabus of SBI PO exam 2014. This can be helpful to know the pattern and level of the questions asked in SBI Po exam.

State Bank of India (SBI) Probationary Officer (PO) 2014 syllabus is a very important thing that every candidate has to look into and it is also advisable to the candidates that they must continuously refer to the syllabus at the starting of the preparation and also while the preparation is going on. 

State bank of India Probationary officer (PO) exam consists of 2 sections namely:

1. Objective type paper-I  -  200 Marks           ( Total Time : 2 hours)

2. Descriptive type Paper-II - 50 marks           ( Total Time : 1 hour ) 

Note: Negative Marking : 1/4th of Marks

Syllabus includes of the following section:

1. Reasoning (HIGH LEVEL)

2. Data Interpretation

3. English Language

4. General Awareness + Computer + Marketing Awareness

The above mentioned sections are from the Objective paper of the Exam whereas; the Descriptive paper also includes the English Language.

BELOW MENTIONED IS THE DETAILED SYLLABUS OF SBI PO 2014 SYLLABUS:

Objective type paper-I  200 Marks

A). ENGLISH LANGUAGE SYLLABUS OF SBI PO 2014:

AREA	NUMBER OF QUESTION	DIFFICULTY LEVEL
Reading Comprehension	10+10	Moderate to Difficult
Faulty Construction	15	Easy to Moderate
Jumbled Sentences	5	Easy to Moderate
Close Passages	10	Easy

Note: According to the analysis of previous year question paper there were two Reading Comprehensions.

B). REASONING (High Level) 

NAME	NUMBER OF QUESTION	DIFFICULTY LEVEL
Input - output	5	Difficult
Sentence coding	5	Easy
Logical Reasoning	15	Easy to Moderate
Syllogism	5	Moderate
Puzzle / Seating Arrangement	10	Moderate
Data Sufficiency	5	Moderate
Direction &other problem	5	Easy to Moderate

C) GENERAL AWARENESS SYLLABUS OF SBI PO 2014

Area	NUMBER OF QUESTION	DIFFICULTY LEVEL
Banking Awareness	14	Moderate to Difficult
Current Affairs	16	Easy to Moderate
Computer Awareness	10	Easy to Moderate
Marketing	10	Easy

D) DATA ANALYSIS & INTERPRETATION 

AREA	NUMBER OF QUESTION	DIFFICULTY LEVEL
Probability	5	Easy to Moderate
Line Graph	5	Moderate
Pie Charts	10	Moderate to Difficult
Bar Charts	15	Easy
Tables	15	Moderate to Difficult

DESCRIPTIVE SECTION SYLLABUS OF SBI PO – 50 Marks

1. Letter Writing

2. Paragraph Writing

3. Essay Writing

4. Precise Writing

5. Reading Comprehension

AREA	NUMBER OF QUESTION	TOPICS
Letter Writing	10	To a branch to close the saving account, To friend to attend a seminar on net banking, To a bank for higher education loan
Paragraph Writing	8	If I were an author, Rural Banking, Impact of autonomy provided to bank
Essay Writing	12	Right to education act, Financial Inclusion, How Technology can help banking sector
Precise Writing	10	Chief Vigilance Officer
Reading Comprehension	10	ATM and its uses