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SBI SCO Salary: Are you searching for the SBI SCO Salary? If yes, you have landed on the right article. In this article, we have given all the details about the SBI Specialist Cadre Officer Salary. Candidates who wanted to know about the SBI SCO Job Profile, Salary, and Perks can have a look at this article. The officials of the State Bank of India have released the SBI SCO Salary details. We have given the full details about the salary structure, In-hand salary, Job Profile, Perks & Allowances in the following sections.
SBI SCO Salary
The SBI SCO Salary is decided by the State Bank of India. The candidates can go through the information given below to know more about the SBI SCO Salary. The State Bank Of India has released the online application to fill up Specialist Cadre Officers. The applicants who have applied for the Specialist Cadre Officers at State Bank Of India can look at this article to know about the State Bank Of India SCO Salary.
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 |
SBI SCO Salary Structure
The officials of the State Bank Of India have given the salary structure for the post of Specialist Cadre Officers. The information about the SBI SCO Salary Structure is given below
| 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) | Rs.14-19 lakhs ( per annum) |
| Senior Executive(digital marketing) | Rs. 10-12 lakhs (per annum) |
| Marketing Executive | Rs.15-20 lakhs ( per annum) |
SBI SCO Salary Perks & Allowances
The candidates will get various perks and allowances along with the SBI SCO Salary. All the details regarding the SBI SCO Salary Perks & Allowances are given in the below table
| 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 Specialist Cadre Officers In-hand Salary includes the basic pay along with the perks and allowances. Each year of service, the candidates will be given an increment. 36000 is the starting basic pay of the applicants. The Specialist Cadre Officer’s annual salary will be within the range of 8.20 lakhs to 13.08 lakhs per annum.
SBI SCO Salary Job Profile
There are different Specialist Cadre Officer positions in the State Bank of India. The different positions include the Relationship Manager, Relationship Manager (Team Lead), Investment officer, Customer Relationship Executive, Central Research Team (Support), Product Lead, and Deputy Manager (Marketing).
- Relationship Manager: The Relationship Manager is the one who maintains relationships with the affluent and HNI segment. The Relationship Manager will strengthen the relationships with the clients in order to reach the objective.
- Relationship Manager (Team Lead): The relationship Manager (Team Lead) is the one who maintains the relationship with the team that contains a group of relationship managers and tries to maintain a healthy relationship with HNI clients and meet the objective.
- Investment officer: The investment officer’s job is to guide the clients to invest in financial service products. And also a wide range of experience across MF, FI, and structured products.
- Customer Relationship Executive: The role of a Customer Relationship Executive is to be responsible to give ground support to the relationship managing team for collecting documents from the clients and also sending the documents to the appropriate departments.
- The Central Research Team (Support): The one who works with creating and updating excel sheets with macroeconomy, stock and sector research, fixed income, etc is called The Central Research Team (Support).
- Product Lead: The Product Lead will work with the products and investment research head and runs the products wealth program and market data. The Product Lead is responsible for the product notes, market updates, and also investments.
- Deputy Manager (Marketing): The Deputy Manager (Marketing) job is to visit corporate and government departments for making digital transactions and also banking. He also should make presentations to the clients.
The entire details regarding the SBI SCO Salary, In-hand Salary, Perks & Allowances are correct and useful to the candidates who are searching for. To know more details visit the website @ Freshersnow.com
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