Dear Aspirants,
As you all know the SBI PO Prelims exam has conducted in June 2018. The aspirants who are preparing for both IBPS and SBI exams are a little bit confused between SBI PO and IBPS PO. Dear Candidates, if you will compare the IBPS PO and SBI PO exams then you’ll come to know that 2 years ago there were some differences but now IBPS has followed the complete pattern of SBI in Clerk and PO both. The selection process and exam pattern for both exams are the same. There is only one difference left between SBI and IBPS i.e. Salary. Most candidates get attracted by SBI for its career growth and its reputation. After you join the SBI PO, you will be working in India’s largest bank and getting a handsome salary along with other allowances. Here we are enlisting the total pay scale and their increments in SBI PO and IBPS PO:
| Facilities | SBI PO |
| Basic Pay | 27,620/- |
| DA | 12677 {46.9% of the Basic Pay (Revised Quarterly)} |
| CCA | 870 (This varies with the place of posting at 4% or 3%) |
| Transport Allowance | For official travels, reimbursement of AC 2-tier fare is provided |
| HRA | 2140 (9%, 8% or 7% (Depends on the place of posting)) |
| Medical Insurance | 100% medical coverage for SBI employees and 75% for their family members |
| Travelling Allowance | For official travels, reimbursement of AC 2-tier fare is provided |
| Petrol | Approx. Rs. 1100-1250 |
| Facilities | Amount (May be increased or decreased by Banks) |
| Basic Pay | Rs. 23700/- |
| Special Allowance | Rs.1836 /- |
| CCA | Rs 870/- |
| Transport Allowance | Depends upon the Candidate's Posting |
| Medical Aid | Rs 8000/- |
| Entertainment | Rs 500/- |
| Newspaper | Rs 300/- |
| Petrol | Rs 3000/- |
| Telephone | Rs 400/- |
| Canteen Subsidy | Rs 400/- |
| Pension Contribution | Rs 2500/- |
| Total (without HRA) | Rs 36570/- |
| HRA | Rs 2133/- |
| Gross with HRA | Rs 38703/- |
