SBI PO Recruitment 2024 Notification, Exam Date, Selection Process and Eligibility
SBI PO Recruitment 2024 Notification, Exam Date, Selection Process & Eligibility: SBI PO Recruitment 2024: Notification, Exam Dates, Selection Process, and Eligibility Criteria. For many in India, careers in banking are highly esteemed due to their prestige and favorable working conditions. With standard hours from 9 AM to 5 PM, these roles are often regarded as white-collar jobs that promise both stability and security.
Moreover, employees benefit from having the 2nd and 4th Saturdays off, in addition to various perks such as personal and home loans. This appealing package makes such positions particularly attractive to young Indian graduates eager to embark on their professional journeys. This article aims to provide a thorough overview of the latest job opportunities at the renowned State Bank of India (SBI).
For those eagerly awaiting the State Bank of India’s Probationary Officer (PO) Recruitment Notification for 2024, it’s important to note that it has yet to be released. However, expectations are that this sought-after notification will arrive in the months of August or September this year. Preliminary estimates indicate there will be over 2500 vacancies. To keep abreast of the latest news regarding SBI PO Recruitment, we recommend visiting this page frequently for timely updates. Additionally, we will outline the detailed selection process associated with SBI PO job recruitment.
SBI PO Recruitment 2024: Tentative Dates
| Topic | SBI PO Recruitment |
| Year | 2024 |
| Organization | State Bank of India |
| Sector | Banking Sector |
| Category | Government Jobs |
| Post | Probationary Officer |
| Vacancy | 2500 (Approx.) |
| Notification Date | August 2024 |
| Exam Date | December 2024 |
| Selection Process | Prelims (Phase-I, Phase-II, Phase-III & Interview |
| Official Portal | sbi.co.in |
| Home Page | Click Here |
Table of Contents
SBI PO Recruitment Exam 2024: What is it and How to Prepare?
The State Bank of India (SBI) holds the SBI PO exam each year to find and select capable individuals for the position of Probationary Officer. This exam, known for its competitiveness, draws a large pool of applicants, though only a limited number will secure positions based on the openings available. Recognized as one of the top banking examinations in the nation, the SBI PO provides a pathway for successful candidates to work as Probationary Officers in various branches of the bank.
The exam is divided into three main stages: Prelims, Mains, and a combination of Psychometric Testing, Interviews, and Group Exercises. With around 900,000 candidates applying annually, SBI has established itself as a respected institution that not only offers appealing salaries but also guarantees job stability for its workforce, making it a highly desirable option for those looking to build a career in banking.
SBI PO Recruitment Exam Important Dates
In 2024, the State Bank of India (SBI) will be organizing the SBI PO Exam, which stands for State Bank of India Probationary Officer Exam. This esteemed examination consists of several phases: the Preliminary Exam, the Main Exam, an Interview, and Group Exercises. It is administered online, and candidates will incur a penalty of 0.25 marks for each incorrect answer in the objective questions. The exam is primarily conducted in English.
During the Preliminary Exam, candidates will be evaluated on various subjects, including English Language, Quantitative Aptitude, and Reasoning Ability, with a total of 100 marks available within a limited timeframe of 60 minutes.
As for the Main Exam, the objective components test Reasoning & Computer Aptitude, Data Analysis & Interpretation, General/Economy/Banking Awareness, and English Language, while the descriptive part centers on Essay and Letter Writing. This exam is worth 200 marks for the objective section and 50 marks for the descriptive section, requiring candidates to complete it in 3 hours. The Interview contributes 30 marks to the overall score, and the Group Exercises are evaluated out of 20 marks. For further details, candidates are encouraged to check SBI’s official website at sbi.co.in.
SBI Probationary Officers Salary in 2024
The compensation package for SBI Probationary Officers in 2024 is notably attractive, especially for those looking to start their journey in a managerial role at the State Bank of India. Since November 1, 2017, newly appointed Probationary Officers and Trainee Officers have been offered a starting salary of Rs. 41,960 in Scale I under the Junior Management Grade.
The monthly earnings for these officers typically range between INR 52,000 and INR 55,000, stemming from the basic pay of INR 41,960. When calculated annually, their overall salary can be anywhere from 8 lakhs to 13 lakhs, with a take-home pay of around Rs. 52,800 each month after necessary deductions for those recently hired.
Beyond the financial compensation, there are numerous benefits and allowances worth considering. This article provides an in-depth look at the salary framework, job duties, various allowances, the duration of the probationary period, opportunities for career growth, and the evolution of SBI PO salaries over 2, 5, and 7 years.