How it's calculated
Each increment moves you to the next step of the scale. The table below lists every step.
Estimate only. Official results, marks and eligibility are decided by the State Bank of India. Verify on the official website.
Worked example
On joining the basic pay is ₹56,480. After 3 more increments of ₹2,000 it reaches ₹62,480, the end of the first stage of the scale. The approximate CTC at initial scale of pay at Mumbai Centre is ₹ 21.97 lakh (SBI).
Basic pay by increment (Junior Management Grade Scale-I (JMGS-I))
| Increments after joining | Basic pay |
|---|---|
| On joining | ₹56,480 |
| 1 | ₹58,480 |
| 2 | ₹60,480 |
| 3 | ₹62,480 |
| 4 | ₹64,820 |
| 5 | ₹67,160 |
| 6 | ₹69,840 |
| 7 | ₹72,520 |
| 8 | ₹75,200 |
| 9 | ₹77,880 |
| 10 | ₹80,560 |
| 11 | ₹83,240 |
| 12 | ₹85,920 (maximum) |
'Presently, the starting basic pay is 48,480/- (Plus 4 advance increments)'. Officers are also eligible for DA, HRA, CCA, PF, NPS, LFC, medical and lease rental facilities as per the Bank's rules; these are not calculated here.
What the salary includes
- Basic pay as above, plus allowances and perquisites under the bank's rules.
- The approximate CTC at initial scale of pay at Mumbai Centre is ₹ 21.97 lakh (SBI).
- The advertisement lists DA, HRA, CCA, PF, NPS, LFC, medical facility and lease rental facility among the benefits.
Frequently asked questions
What is the starting basic pay in SBI PO 2026?
₹48,480 plus 4 advance increments of ₹2,000 = ₹56,480, in the scale 48480-2000/7-62480-2340/2-67160-2680/7-85920 (Junior Management Grade Scale-I (JMGS-I)).
What is the maximum basic pay in this scale?
₹85,920, reached after 12 increments from joining.
Are DA, HRA and other allowances included?
No. The notice says allowances and perquisites follow the bank’s own rules in force from time to time, so this page shows basic pay only. Your offer letter and pay slip will show the full amount.
What is the CTC in SBI PO 2026?
The approximate CTC at initial scale of pay at Mumbai Centre is ₹ 21.97 lakh (SBI). CTC includes allowances and benefits, so it is well above the basic pay.
How do I read a scale like 48480-2000/7-62480?
Start at ₹48,480 and add ₹2,000 seven times to reach ₹62,480. The next parts of the scale add their own increment the stated number of times, up to the maximum.
How long is SBI PO probation?
Selected candidates join as Probationary Officers and may be on probation for two years, with continuous assessment, before confirmation in JMGS-I.
Sources
- SBI: Recruitment of Probationary Officers 2026, detailed advertisement (published 18-06-2026), para 11, State Bank of India (SBI)