The State Bank of India (SBI) has invited applications from experienced banking employees towards the SBI Circle Based officers (CBO) positions. This year SBI is recruiting 2600 candidates towards the banking sector. Once appointed the candidate will be under probation for 6 months. After this 06 months of the probation period, candidates will get appointed in the Junior Management Scale with basic pay of Rs. 48,400/. Here we are discussing the SBI CBO Salary structure along with the allowances entitled to SBI employees.
SBI CBO Salary 2025
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SBI Circle Based Officer Salary 2025
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Allowance
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Amount
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Pay Scale
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₹48,480–2000/7–62,480–2340/2–67,160–2680/7–85,920 |
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Basic Pay
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Rs. 48,480 |
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Dearness Allowance (DA)
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₹22,755 (approximate as per latest rate) |
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House Rent Allowance (HRA)
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₹3,880 (approximate for metro cities) |
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City Compensatory Allowances (CCA)
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₹1,800 (approximate for major cities) |
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Gross Salary
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₹75,000 (Approximation as per latest DA rates) |
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Deduction
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Around ₹10,000 (Approximate for PF, NPS, etc.) |
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Net Salary
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Around ₹65,000 (after deductions, depending on location) |
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SBI CBO In-hand Salary 2025
As per the official SBI CBO Notification 2025, the initial salary of a “Circle Based Officer” (CBO) will be in the scale of JMGS-I (₹48,480–2000/7–62,480–2340/2–67,160–2680/7–85,920), at the start of the scale i.e. Rs. 48,480/- plus 2 advance increments for candidates with minimum 2 years experience in officer cadre in Scheduled Commercial Banks or Regional Rural Banks.
The official will also be eligible for D.A, H.R.A/ Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time.
SBI CBO Allowances
Any SBI employee will get the following perks along with their basic pay and other allowances;
- Contribution Pension Scheme/ New Pension Scheme.
- Medical Aid for self (100%) and family (75%).
- LTC- Leave Travel Concession.
- Home Travel Concession/ Leave Fare Concession.
- Concessional interest rates for Housing/ Car/ Personal Loans.
| Allowance | Amount |
|---|---|
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Dearness Allowance
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46.9% of the Basic Pay
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City Compensatory Allowance
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3% – 4% depending on location
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House Rent Allowance
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7% – 9% depending on the Place of Posting
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Medical Insurance
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100% covered for employee | 75% covered for dependent family
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Travelling Allowance
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AC 2-tier fare is reimbursed to the employee for official travels
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Petrol Allowance
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INR 1,100 – 1,250
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Newspaper Allowance,
Entertainment Allowance, Books Allowance, etc. |
Varies based on Cadre
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SBI CBO 2025 Notification PDF
Click here to know details on SBI CBO Official notification 2025:
SBI CBO Vacancy 2025
State Bank of India has announced 2600 Circle Based Officer vacancies through the SBI CBO Notification 2025, which include both regular and backlog vacancies. Check the complete vacancy distribution for the SBI CBO recruitment 2025 exam from the table given below:
| Circle | Language | Total Vacancies (Approx) |
|---|---|---|
| Ahmedabad | Gujarati | 240 |
| Amaravati | Telugu / Urdu | 180 |
| Bengaluru | Kannada | 250 |
| Bhopal | Hindi | 200 |
| Bhubaneswar | Odia | 100 |
| Chandigarh | Urdu / Hindi / Punjabi | 80 |
| Chennai | Tamil | 120 |
| North Eastern | Assamese / Bengali / Others | 100 |
| Hyderabad | Telugu / Urdu | 230 |
| Jaipur | Hindi | 200 |
| Lucknow | Hindi / Urdu | 280 |
| Kolkata | Bengali / Nepali / Hindi | 150 |
| Maharashtra | Marathi | 250 |
| Mumbai Metro | Marathi / Konkani | 100 |
| New Delhi | Hindi | 30 |
| Thiruvananthapuram | Malayalam | 90 |
| Total | – | 2600 |
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Join Now!Frequently Asked Questions
What is the starting basic pay for SBI CBO 2025?
The starting basic pay for SBI CBO 2025 is ₹48,480 per month. Additionally, candidates with at least two years of officer-level banking experience get two advance increments. This brings their initial basic salary higher than the entry point. The pay scale follows the range ₹48,480–2000/7–62,480–2340/2–67,160–2680/7–85,920. This salary is as per the latest 2025 SBI CBO notification.
What is the in-hand salary of an SBI Circle Based Officer in 2025?
The in-hand salary for SBI CBO 2025 ranges between ₹55,000 to ₹60,000 per month. This amount depends on posting location and applicable deductions. Deductions include PF, NPS, professional tax, and income tax. Actual take-home varies based on city allowances and housing status. Candidates posted in metros may receive higher allowances.
What additional allowances are provided to SBI CBOs?
SBI CBOs get several allowances in addition to basic pay. These include Dearness Allowance (DA), House Rent Allowance (HRA), and City Compensatory Allowance (CCA). Medical benefits, travel allowances, and concessional loan facilities are also provided. Employees enjoy Leave Fare Concession (LFC) and Home Travel Concession (HTC). Additional allowances like newspaper and petrol allowances also apply based on job location.
How long is the probation period for SBI CBO 2025 recruits?
The probation period for SBI CBO 2025 is six months. During this time, candidates undergo continuous assessment by the bank. Successful candidates will be confirmed in Junior Management Grade Scale-I (JMGS-I). Failure to meet performance standards may lead to termination. The probation policy aligns with SBI’s internal officer cadre rules.
Does SBI offer medical benefits to Circle Based Officers?
Yes, SBI provides comprehensive medical benefits to its CBO employees. Employees receive 100% reimbursement for their medical expenses. Their family members get 75% reimbursement for eligible treatments. SBI also covers hospitalization costs as per bank norms. These medical benefits extend throughout the officer’s tenure with the bank.
