SBI SO Salary 2025: Grade-Wise Pay Scale, Perks & Job Profile

The State Bank of India (SBI) conducts the SBI SO exam to hire specialist Officers for Various departments annually. The goal of this exam is to fill the bank's contractual and permanent SO positions. Due in large part to the competitive salary offered to SBI SO officers the position is in high demand. Pay varies depending on the grade and position. Junior Management (Grade 1) for example starts at INR 23700 while Middle Management Grade Scale II (MMGS II) pays INR 31705 salary. Various benefits and allowances are provided to candidates in addition to the base pay.

SBI SO Salary: Grade-Wise Pay Scale

Salary details with grades are tabulated below:

Grade	SBI SO Pay Scale
Assistant Manager (Network Security Specialist) & Assistant Manager (Routing & Switching) (JMGS-I)	36,000 - 1,490/7 - 46,430 - 1,740/2 - 49,910 - 1,990/7 - 63,840
Junior Management Grade Scale I (JMGS I)	23,700 - 980/7 - 30,560 - 1,145/2 - 32,850 - 1,310/7 - 42,020
Middle Management Grade Scale II (MMGS II)	31,705 - 1,145/1 - 32,850 - 1,310/10 - 45,950
Middle Management Grade Scale III (MMGS III)	42,020 - 1,310/5 - 48,570 - 1,460/2 - 51,490
Senior Management Grade Scale IV (SMGS-IV)	50,030 - 1,460/4 - 55,870 - 1,650/2 - 59,170

SBI SO Salary by Position

Salary details with position are tabulated below:

Post	Pay Scale/Salary (In INR)
Credit Analyst MMGS-III	42,020 - 1,310/5 - 48,570 - 1,460/2 - 51,490
Product Manager	42,020 - 1,310/5 - 48,570 - 1,460/2 - 51,490
Data Analyst Manager	42,020 - 1,310/5 - 48,570 - 1,460/2 - 51,490
Digital Marketing Manager	42,020 - 1,310/5 - 48,570 - 1,460/2 - 51,490
Faculty, SBIL	25 lakh to 40 lakh per annum
Senior Executive (Digital Relations, Analytics, Digital Marketing)	12 lakh to 20 lakh per annum
Executive (FI & MM)	6 lakh per annum
Senior Executive (Social Banking & CSR)	10 lakh per annum
Deputy Manager (IS Audit)	31,705 - 1,145/1 - 32,850 - 1,310/10 - 45,950
Vice President (Stressed Assets Marketing)	40 lakh to 43 lakh per annum
Chief Manager (Special Situation Team)	50,030 - 1,460/4 - 55,870 - 1,650/2 - 59,170
Deputy Manager (Stressed Assets Marketing)	31,705 - 1,145/1 - 32,850 - 1,310/10 - 45,950
Head (Product, Investment & Research)	80.00 lakh to 99.62 lakh per annum

SBI SO Salary: Benefits and Allowance

The benefits and allowances provided for various position are detailed below :

Assistant Manager (Network Security Specialist) & Assistant Manager (Routing & Switching)

Current regulations grant candidates access to medical facilities DA, HRA, CCA, PF Pension Fund, LFC and more.

MMGS Grade Scale III

According to the relevant regulations candidates are granted DA HRA CCA PF Contributory Pension Fund LFC medical facilities and other benefits.

Faculty, SBIL, Kolkata

Candidates receive benefits like a Deputation Allowance (DA) equal to the bank's Assistant General Manager level and travel expenses for official duties (such as taking a taxi or flying in economy class) in addition to the Cost to Company (CTC). On a revenue-sharing basis a limited number of faculty members may engage in outside teaching or consulting for up to 90 days annually. 40 percent of any excess revenue from such activities that exceeds INR 5 lakh per year will be given to the institute (after applicable taxes).

Chief Manager (Special Situation Team) & Deputy Manager ( Stressed Assets Marketing)

Following the current regulations these officials are also qualified for medical facilities DA HRA CCA PF Contributory Pension Fund LFC and other benefits.

Deputy Manager (Stressed Assets Marketing)

Candidates receive no other benefits or perks in addition to the CTC. Fixed pay and variable pay make up the CTC usually in an 80:20 ratio.

Executive (FI & MM) and Senior Executive (Social Banking & CSR)

A 30% variable pay component is included in the 70% fixed pay component. Travel allowances and other benefits are subject to bank regulations and annual increases are limited to a maximum of 10% and dependent on meeting the bank's requirements.

Deputy Manager (IS Audit)

DA HRA CCA PF Contributory Pension LFC medical facilities and other benefits are all available to these officials in accordance with the relevant regulations.

SBI SO Job Profile

The specific positions within SBI SO determine the job roles. These are the duties that go along with different positions and levels.

Examine and evaluate a range of operational issues in light of corporate requirements.
Encourage efficient communication with clients and customers.
In charge of installing, configuring and keeping an eye on servers and systems.
Lead initiatives for business growth and development.
Keep an eye on how things are going in each department.

Frequently Asked Questions

What is the salary of an SBI Specialist Officer?

The pay for an SBI Specialist Officer (SO) varies according to the grade and role. An officer in Scale I junior management for example starts out with a base pay of INR 23700 and can eventually rise to INR 42020. Higher starting salaries and pay scales are generally associated with middle and senior management positions. SBI SOs are paid a base salary plus various allowances including the City Compensation Allowance, House Rent Allowance and Dearness Allowance. They also benefit from medical facilities leasing options, a Provident Fund and a Contributory Pension Fund. SBI Specialist Officers typically earn between INR 42000 and INR 45000 per year depending on extra benefits and allowances.

Can the SBI SO application form be completed offline?

No, you can only complete the SBI SO application form online via the board's official website. Because of the way the exam is set up online applications are required. According to the board's instructions candidates must fill out the SBI SO form. Additionally since there are no other ways to pay for the SBI SO exam application fees must be paid online.

What are the eligibility requirements for SBI SO?

Age restrictions, educational requirements and work experience are some of the criteria that determine eligibility for the State Bank of India Specialist Officer (SBI SO) exam. Candidates must be citizens of India or meet certain nationality requirements. Depending on the position the age limit usually varies between 20 and 40 years old with some roles having specific age requirements. Although specific job requirements vary, most positions require candidates to have a graduate degree from an accredited university in a related field. Furthermore the requirements for work experience differ depending on the position some require a certain number of years in a related field. Candidates seeking detailed eligibility information relevant to the position they want to apply for should consult the official SBI notification.

Is it essential to meet the SBI SO cut-off marks?

In order to proceed to the next round of the selection process or for the final selection it is necessary to achieve the SBI SO cut-off marks. For candidates to advance to the next round or be given consideration for a particular position they must achieve the minimum score requirement. The next step which includes an interview will be for those who surpass the minimum qualifying scores depending on the position. Candidates will not be permitted to proceed with the selection process if their scores fall below the cut-off points.

How often is the SBI SO exam conducted each year?

Once a year the State Bank of India (SBI) holds the Specialist Officer (SO) exam. The bank can effectively oversee the hiring process for a range of specialized roles in accordance with its organizational strategy and staffing needs thanks to this yearly schedule. Probationary Officers (PO) and Clerks are among the other positions that are included in the larger recruitment strategy that includes the SBI SO exam. The bank publishes a notice every year outlining the open positions .