Largest Indian Bank State Bank of India New Recruitment PUCH LINE for New Probationary Officers (PO) Joinee with Rs 8 lacs package. The complete salary offered by SBI to PO with all details are :
Salary offered By SBI to New PO :
Cash Component : Rs 30,370
Contribution By Bank To PF and Pension : Rs 4673
HOUSING LEASE RENTAL : Rs 29,500
Perquisites : Rs 4130
TOTAL : Rs 68,673/- which according to SBI will br around Rs 8,00,000 a year at Mumbai.
What I don’t understand , why this salary at mumbai, do all newly selected PO will be posted at Mumbai only ? Rajmanglam.com has explained it in better way.