Benefits of being a Bank PO at SBI

SBI or the State Bank of India is by far one of the Largest Banks in the Country. It has spread over 13,000 branches, 5 associate banks and 7 non-banking subsidiaries across the nation. Additionally, SBI has multinational branches in various other countries as well. With a base that big most people who work there are subject to a lot of hectic work and also that the fear of continuous transfers to rural areas does provide a bit of less motivation in such cases. However, People working in the Bank also has benefits, especially the POs working there:

 

  • SBI undoubtedly offers the highest entry-level compensation to its POs in the banking industry. Apart from this, it also gives four absolute advance increments to the newly hired POs.
  • SBI provides medical benefits to its employees and their families. It covers 100% medical expenses for the employees and 75% of those for the dependents. These medical expenses are excluded from the annual compensation offered to the employees.
  • SBI PO job is best suited for you if you have aspirations to work abroad. 
  • SBI also owns seven non-banking organizations. These include Merchant Banking, Funds Management, Bill Financing, Receivable Financing, Credit Cards, Life Insurance, and General Insurance.
  • SBI provides its POs very attractive leave policies. These include 33 days of privilege leave and 12 days of casual leave in a year.SBI leases high-class luxury apartments to its POs. If you are posted at a major center, you will get a good apartment owned by SBI. At other places,
  • SBI pays you the rent of 7-9% (depending on the location) of your salary as the house rent allowance, which you may use to hire suitable accommodation.

 

 

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