SBI PO Recruitment 2023 - Notification Details
State Bank of India (SBI), the country’s premier banking institution, announces its annual recruitment for the post of Probationary Officers (PO). The SBI PO 2023 drive is one of the most anticipated recruitment processes in the banking sector. With rigorous selection procedures and a rewarding career trajectory, it attracts thousands of aspirants every year.
A position with the SBI is not just a job; it’s a journey filled with challenges, learning, and immense growth opportunities. The bank has a rich history of nurturing its employees and providing them with world-class training, exposure, and responsibilities, which makes the SBI PO recruitment even more sought after.
As we delve deeper into the specifics of this year’s recruitment, aspirants are advised to keep a regular check on the official SBI website or this space for timely updates. From eligibility criteria to the selection process, every detail plays a crucial role in ensuring your success in the SBI PO 2023 recruitment drive.
Salary / Pay Scale for SBI PO
The SBI PO role comes with an attractive salary package. Initially, the starting basic pay stands at ₹41,960/- (with 4 advance increments) within the scale bracket of ₹36000-63840, applicable to Junior Management Grade Scale-I. Beyond the basic, employees enjoy added perks like DA, HRA, CCA, PF, Contributed Pension Fund i.e., NPS, LFC, Medical Facility, and a Lease rental facility.
Furthermore, the growth trajectory at SBI is phenomenal. New entrants are given essential banking knowledge through an online course before their official joining. Once onboard, they are designated as “Probationary Officers” with a two-year probation period, which includes continuous assessment. Successful candidates move on, and the bank’s rewarding promotion policy can even see the most meritorious reach top management in a reasonably short time span.
Benefits of Joining as SBI PO
Embarking on a career journey with SBI as a Probationary Officer opens doors to numerous benefits. Firstly, SBI provides its employees with a comprehensive medical facility, lease rental perks, and even opportunities for posting abroad. The bank is also known for its employee-friendly policies, ensuring a work-life balance and professional growth.
Moreover, a unique facet for newly selected candidates is the provision of basic banking knowledge through an online platform. This ensures that when they join, they’re well-equipped with the nuances of the banking sector. But it’s not just about the tangible benefits; the exposure, the learning, and the challenges one faces at SBI molds individuals into seasoned banking professionals, ready to take on roles of greater responsibility.
Vacancy Details in SBI PO Recruitment 2023
This year, the golden opportunity knocks for 2000 aspirants, as SBI has announced a total of 2000 vacancies for the Probationary Officer post. It’s essential to note that this number encompasses positions for various categories, ensuring a diverse and inclusive workforce.
Given the stature of SBI and the allure of the PO post, these vacancies attract a vast number of applicants from across the country. Aspiring candidates should ensure they meet all the eligibility criteria and prepare meticulously to secure one of these coveted positions.
Category Wise SBI PO 2023 Vacancy Details Are Mentioned In The Table Below –
General / UR
Eligibility Criteria / Educational Qualification for SBI PO 2023
The educational prerequisites for the SBI PO 2023 recruitment are straightforward. Candidates aspiring for the position should possess a Graduation degree in any discipline.
It’s a conscious decision to keep the eligibility broad-based, ensuring aspirants from varied academic backgrounds can aspire for a fulfilling career in banking. This inclusivity ensures a diverse pool of candidates, bringing in a myriad of skills and perspectives to the bank’s workforce.
Age Limit for SBI PO 2023
Age is a crucial criterion for the SBI PO 2023 recruitment. As of 01.04.2023, candidates should be in the age bracket of 21 to 30 years. This means aspirants must have been born between 02.04.1993 and 01.04.2002.
However, SBI understands the need for inclusivity and provides age relaxation for various categories. For instance, SC/ST candidates get a relaxation of 5 years, while OBC candidates receive 3 years. There’s a more extensive relaxation for Persons with Benchmark Disabilities and Ex-Servicemen, ensuring that everyone gets a fair shot at this prestigious position.
Category wise age relaxation details for SBI PO Recruitment 2023 are mentioned in the table below – .
PwD SC / ST
Ex Servicemen, Commissioned officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 6 months from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment.
Selection Process for SBI PO
SBI’s selection process for the PO post is exhaustive and ensures only the best make the cut. The process is divided into three phases. The first, a Preliminary Examination, is an online objective test for 100 marks. Those who clear this move to Phase-II, the Main Examination, which includes objective tests for 200 marks and a descriptive test for 50 marks.
The final hurdle is Phase-III, comprising a Psychometric Test, Group Exercise, and Interview. What’s essential to note is that candidates need to qualify in both Phase-II and Phase-III separately. And while the marks from Phase-I aren’t considered in the final merit list, those from Phase-II and III are combined to determine the final selection.
Application Fees for SBI PO
Financials matter, and SBI has set a fee structure for the application process. For General, EWS, and OBC candidates, the application fee is ₹750/-. In contrast, SC/ST/PwBD candidates are exempted, ensuring no monetary barriers for them.
It’s essential to be cautious during this step, as once the fee is paid, there are no provisions for refunds. So, ensure all details are accurate before proceeding with the payment.
Important Dates / Timeline for SBI PO Recruitment 2023
For every aspirant, timing is crucial. The official notification for SBI PO 2023 was released on 07.09.2023. The application window coincides with the notification date, starting on 07.09.2023. But remember, every opportunity has a window, and for this, it’s until 27.09.2023.
Mark these dates, ensure you meet all the criteria, gather all required documents, and submit your application within this timeframe. Missing these crucial dates might mean waiting for another year, so stay vigilant and proactive.
Date of Notification
Starting Date of Online Application
Last Date of Online Application
Download of Preliminary Examination Call Letters
2nd Week of October 2023 onwards
Phase-I: Online Preliminary Examination
Declaration of Result of Preliminary Examination
November / December 2023
Download of Main Examination Call letter
November / December 2023
Phase-II: Online Main Examination
December 2023/ January 2024
Declaration of Result of Main Examination
December 2023 / January 2024
Download of Phase-III Call Letter
January / February 2024
Phase-III: Interview (Or Interview & Group Exercises)
January / February 2024
Declaration of Final Result
February / March 2024
Download Official Notification & Apply Online Link Link for SBI PO Recruitment 2023
Detailed Official Notification & Apply Online Form Link for SBI PO 2023 are provided below –