SBI SCO Salary Are you trying to find out how much SBI SCO Salarys? If so, you’ve come to the correct article. We have covered every aspect about the SBI Specialist Cadre Officer Salary in this post. Applicants interested in learning more about the Job Profile, Salary, and Benefits of SBI SCO should read this post.
The SBI SCO Salary information have been made public by State Bank of India authorities. The next sections provide all the information you need to know about the Salary structure, in-hand salary, job profile, perks, and allowances.
SBI SCO Salary
The State Bank of India sets the SBI SCO Salary. Candidates interested in learning more about the SBI SCO Salary should review the details provided below. The online application for the position of Specialist Cadre Officer is now available on the State Bank of India website. This post contains information regarding the State Bank of India SCO Salary for those who have applied for the position of Specialist Cadre Officer.
| SBI Specialist Cadre Officer Salary | |
| 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 |
Salary Structure of SBI SCO
The Pay Scale for Specialist Cadre Officer positions has been released by State Bank of India authorities. Below is information on the SBI SCO Salary Structure.
| Post Name | State Bank Of India SCO 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 |
| Assistant Vice President (Marcomm) | State Bank Of India SCO Pay Scale |
| Senior Executive(digital marketing) | Rs. 10-12 lakhs (per annum) |
| Marketing Executive | Rs.15-20 lakhs ( per annum) |
SBI SCO Benefits & Allowances for Salary
In addition to the SBI SCO Salary, the applicants will get other benefits and allowances. The table below contains all the information on the SBI SCO Salary Perks & Allowances.
| 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 employees | 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 |
SBI SCO In-Hand Salary
The base salary as well as benefits and allowances are included in the Specialist Cadre Officers In-hand Salary. The applicants will get raises for each year of service. The candidates’ beginning base compensation is 36,000. The remuneration range for the Specialist Cadre Officer would be 8.20 lakhs to 13.08 lakhs annually.
SBI SCO Job Salary Structure
The State Bank of India offers a variety of roles for Specialist Cadre Officers. Deputy Manager (Marketing), Central Research Team (Support), Relationship Manager, Relationship Manager (Team Lead), Investment Officer, and Customer Relationship Executive are among the several roles.
- Relationship Manager: This person looks after ties with the wealthy and high net worth individuals (HNI) market. To accomplish the goal, the relationship manager will improve the client relationships.
- Relationship Manager (Team Lead): The Team Lead is responsible for overseeing the team, which is made up of many relationship managers, and for attempting to fulfil the goal and preserve a positive rapport with HNI customers.
- Investment officer: The role of the investment officer is to advise customers on purchases of financial services goods. in addition to having extensive knowledge of structured, financial, and MF products.
- Customer Relationship Executive: A Customer Relationship Executive’s job is to help the relationship management team by collecting customer papers and ensuring that they are sent to the relevant departments.
- The Central Research Team (Support): This group is responsible for developing and maintaining Excel spreadsheets pertaining to macroeconomics, stock and industry analysis, fixed income, and other topics.
- Product Lead: The Product Lead oversees the wealth programme and market data for the products and collaborates with the director of investment research. The product lead is in charge of investments, market updates, and product notes.
- Deputy Manager (Marketing): The Deputy Manager (Marketing) is responsible for visiting government and business agencies to conduct banking and digital transactions. He need to give the clients presentations as well.