SBI CBO Salary is one of the important considered by candidates while applying for SBI CBO Recruitment 2025. The State Bank of India offers an attractive and well-structured salary package for the post of Circle Based Officer (CBO), making it a highly desirable role among banking aspirants. The position falls under the Junior Management Grade Scale-I (JMGS-I), which is the entry point into the officer cadre. The SBI CBO Pay Scale is ₹48,480–2000/7–62,480–2340/2–67,160–2680/7–85,920. This means the starting basic pay is ₹48,480, with steady annual increments as per the scale. Alongside the basic pay, selected candidates are also entitled to a variety of perks, allowances, and benefits such as DA, HRA, CCA, PF, medical facilities, and more, making the overall salary package quite beneficial. As a result, the role receives a massive number of applications every year.

In this article, we’ll break down the SBI CBO Salary 2025, including in-hand pay, allowances, and career growth, to help you understand the benefits of joining SBI as a CBO.

SBI CBO Salary 2025 

The SBI CBO Salary Structure 2025 is one of the most attractive aspects for banking aspirants planning to join the State Bank of India. Candidates can refer to table below.

SBI CBO Annual Package 2025

The selected candidates who fall under the final merit list will be considered eligible for the post of SBI Circle Based Officer. Those candidates will then receive a good salary package according to the 7th pay commission. The annual salary that an SBI CBO would receive will be approximately around INR 4,32,000/- INR 12,0000/-

SBI CBO Salary Structure 2025

The aspirants have now seen the SBI CBO annual salary package that would be offered to them once selected for the post. We can take a look at the detailed salary structure of the SBI CBO. The salary structure details are as follows.

Check out the SBI CBO Eligibility Criteria now!

SBI CBO Perks and Benefits 

The selected candidates will also receive additional benefits and perks according to the 7th pay commission. The benefits are listed below.

• Home Travel Concession/Leave Fare Concession
• Leave Travel Concession (LTC)
• Pension Scheme/New Pension Scheme
• Concessional Interest Rates for Housing/Personal Loans, Car Loans

An SBI Circle Based Officer will also be entitled to the following perks as per the rules in force from time to time:

• Contribution Pension Scheme/New Pension Scheme (NPS)
• Medical aid: 100% for self and 75% for family
• Leave Travel Concession (LTC)
• Home Travel Concession/Leave Fare Concession
• Concessional interest rates on Housing, Car, and Personal Loans

SBI CBO In-Hand Salary 2025

The SBI Circle Based Officer In-hand salary is approximately ₹48,480. This amount includes various allowances as per the guidelines of the 7th Pay Commission. The actual take-home pay may slightly vary based on the posting location and applicable deductions. Along with the basic pay, officers receive allowances like DA, HRA, and other benefits that enhance the overall package. This makes the role financially rewarding and secure for those joining the officer cadre at SBI.

SBI CBO Probation Period 2025

The candidates once selected for the post of SBI CBO in the respective circles will have to undergo a probationary period of 6 months. At the time of the probation period, the candidates will be under continuous assessment until the time of confirmation. Those candidates who fail to qualify for the probationary period will be terminated from the job.

SBI CBO Growth & Promotion

The candidates will join the SBI as a Circle Based Officer at Junior Management Grade Scale 1. Later on, as per the performance of the candidate and the rules of the bank, there are chances and opportunities for candidates to get promoted to Senior Management Grade Scale 4. However, the candidates will be monitored closely by the officials of the bank.

Note: No candidate will be eligible for inter-circle transfer until their promotion to 12 years of service or SMGS-IV Grade, or whichever follows on later.

SBI CBO Allowances

The SBI CBO will receive allowances like DA, HRA, CCA, etc according to the 7th pay commission. The detailed allowances are listed in the table below. Check below to know more.

SBI CBO Job Profile

Candidates appearing for the SBI CBO Examination must have an idea about the post they are preparing for details like SBI CBO Salary Job Profile. It is essential to know about the roles and responsibilities of the SBI Circle Based Officer. Here is the job profile for the candidates to check out: 

• Managing core branch functions.
• Approving loan packages.
• Ensure smooth implementation of essential policies.
• Monitoring bank operations for correct accounting.
• Developing relationships with customers.

Note: The job profile of an SBI CBO may be similar to that of banks’ general cadre officers.

We hope that the above-mentioned information regarding the SBI CBO Salary Job Profile details will be helpful to the candidates. Download the Testbook App now and get access to the quality exam preparation materials!