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SBI has released notification against advt. no. CRPD/SCO/2021-22/26 for the recruitment of 48 vacancies of Assistant Managers on its official website i.e.sbi.co.in. The Online Application for State Bank of India SCO 2022 has started on 05th February 2022 on its official website. SBI has released a notification regarding the recruitment of 48 vacancies of Assistant Manager posts. The last date to apply online for State Bank of India SCO Recruitment 2022 is 25th February 2022.
SBI has released the 48 vacancies of Assistant Manager through SBI SCO 2022 Recruitment. The State Bank of India SCO 2022 Overview Table is given below for a better understanding of eligible candidates.
| SBI SCO Recruitment 2022 | |
| Name Of The Organization | State Bank of India |
| Name Of The Posts | Specialist Cadre Officer (SCO) |
| Notification Release | 05th February 2022 |
| Vacancies | 48 |
| Frequency of Exam | Once in a year |
| Registration Starts | 05th February 2022 |
| Last Date to Apply | 25th February 2022 |
| Selection Process | Online CBT Exam and Interview |
| Category | Government Jobs |
| Job Location | Across India |
| Official Website | sbi.co.in/careers |
SBI SCO Salary Details 2022
Aspirants who are recruited as SBI SCO will be placed under Assisiatnt Management Grade Scale 1. The initial basic pay of the State Bank of India Specialist Cadre Officer has been incremented to Rs. 36,000/- on the scale of 36000-1490/7-46430-1740/2- 49910-1990/7-63840 applicable to Assistant Management Grade Scale-I. State Bank of India SCO Salary sees an increment of 1 grade for every one year of service.
To apply for this post, go through SBI SCO Application Procedure 2022
| SBI Specialist Cadre Officer Salary 2022 | |
| Allowance | Amount |
| Pay Scale | 36000-1490/7-46430-1740/2- 49910-1990/7-63840 |
| Basic Pay | Rs. 36,000 |
| Dearness Allowance (DA) | Rs. 16,884 |
| House Rent Allowance (HRA) | Rs. 2520 |
| City Compensatory Allowances (CCA) | Rs. 1080 |
| Gross Salary | Rs. 58,484 |
| Deduction | Rs. 8187.6 |
| Net Salary | Rs. 50,296.24 |
The net salary of SBI SCO amounts to Rs 50,296.24.
SBI SCO In-hand Salary 2022
State Bank of India SCO in-hand salary includes basic pay along with all the allowances. Aspirants are also given an increment in each year of service. The starting basic pay is Rs. 36,000. The annual State Bank of India SCO Salary lies within the range of Rs. 8.20 Lakhs (minimum) to Rs. 13.08 lakhs (maximum) per annum.
SBI Salary Slip 2022
The salary slip will be available after the State Bank of India will select the candidates and the candidates will finish at least one month working in the organization. The salary slip will have all of the details related to the allowances available to the employees. You can check out the salary slip of all of the Other Jobs available inside the State Bank of India and then you will be able to see what are extra benefits and allowances are available for the employees other than the salary.
To calculate your score, check SBI SCO Answer Key 2022
SBI Post Wise Salary 2022
1: What does the acronym "ATM" stand for in banking?
| Post Name | Pay Scale |
| Assistant Manager (Network Security Specialist) |
Rs. 36000-1490/7-46430-1740/2-49910-1990/7-63840 |
| Assistant Manager (Routing & Switching) |
Rs. 36000-1490/7-46430-1740/2-49910-1990/7-63840 |
SBI Allowances 2022
There are different allowances and benefits that State Bank of India SCO enjoys along with a handsome amount of salary. The details of State Bank of India SCO allowances are as follows:
| Allowance | Amount |
|---|---|
| Dearness Allowance | 46.9% of the Basic Pay |
| City Compensatory Allowance | 3% – 4% depending on location |
| House Rent Allowance | 7% – 9% depending on the Place of Posting |
| Medical Insurance | 100% covered for employee | 75% covered for dependent family |
| Travelling Allowance | AC 2-tier fare is reimbursed to the employee for official travels |
| Petrol Allowance | INR 1,100 – 1,250 |
| Newspaper Allowance, Entertainment Allowance, Books Allowance, etc. |
Varies based on Cadre |
With all these allowances, there are various benefits such as :
- Pension Scheme
- Leave Fare Concession
- Concessional Interest Rates for Housing/Car/Personal Loans
- LTC (Leave Travel Concession)
SBI SCO Career Growth 2022
Specialist Cadre Officers form a very small fraction of the SBI workforce, thus resulting in limited opportunities for career growth. The career growth of Specialist Officers whether it be IT, Law, Civil or Electrical has been somewhat lower in comparison to Generalist Officers as the vacancies shrink higher up the ladder. It takes at least four years for an AM to get promoted to the next post, whereas a Probationary Officer is eligible for his next promotion just after 2 years.
There is a provision for a written exam and an interview for the first two promotions. Thereafter, for promotion to higher scales, there is no provision for interviews or written exams.
Oracle certifications, CCNA, etc., are not mandatory for promotions, you can avail the facility of fees reimbursement for these courses and exams.
An Assistant Manager JMGS-I can be promoted to the post of Deputy Manager MMGS-II in a span of four to five years and further to the post of Manager MMGS-III. In practice, the highest an AM gets promoted is to the rank of General Manager (Scale VII).
But considering the inclination of the Banking industry towards greater digitalization, the career prospects of AM (Systems) seem relatively brighter in the future.
State Bank of India SCO is the post offered by the SBI. It is the recruitment of candidates for the special cadre officer in the SBI. SBI is a multinational public sector bank that recruits candidates for SCO posts all over India. The level of job is national and candidates can apply through the official website sbi.co.in
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