The State Bank of India (SBI) has announced the upcoming recruitment for Probationary Officers (PO) through the SBI PO 2024 Exam. This prestigious banking exam will be conducted in three phases: Prelims, Mains, and Interview, offering an excellent opportunity for young graduates to join the largest public-sector bank in India. The official notification for the SBI PO 2024 is expected to be released in November 2024, with the application window opening soon thereafter. This article covers all the important details about the SBI PO 2024 exam, including eligibility criteria, selection process, application fees, and more.
SBI PO 2024 Exam Overview
| Detail | Information |
|---|---|
| Conducting Body | State Bank of India (SBI) |
| Position | Probationary Officer (PO) |
| Vacancies | Approximately 2,500 (expected) |
| Eligibility Criteria | Bachelor’s Degree; Age 21-30 years |
| Application Fee | ₹750 (UR/OBC/EWS); Exempt for SC/ST/PwBD |
| Selection Process | Prelims, Mains, Interview |
| Pay Scale | ₹36,000 – ₹63,840 |
| Application Dates | November 2024 (expected) |
| Official Website | sbi.co.in |
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SBI PO Vacancy 2024
The official number of SBI PO vacancies for 2024 will be disclosed with the release of the notification. Based on previous years’ trends, it is estimated that there will be around 2,500 vacancies available across various branches of the State Bank of India.
These positions will be open to candidates from all parts of India, offering a diverse range of opportunities. The vacancies will be divided into various categories based on reservation norms such as General, OBC, SC, ST, EWS, and PwBD (Persons with Benchmark Disabilities).
SBI PO 2024 Eligibility Criteria
To be eligible for the SBI PO 2024 Exam, candidates must meet the following criteria:
1. Nationality:
- The candidate must be an Indian citizen, or
- A subject of Nepal/Bhutan, or
- A Tibetan refugee who settled in India before January 1, 1962, intending to stay permanently.
2. Educational Qualification:
- The candidate must possess a Bachelor’s degree in any discipline from a UGC or AICTE recognized university or institution.
3. Age Limit:
- The candidate must be at least 21 years old but not more than 30 years old as of the date specified in the official notification.
- Age relaxations are provided for candidates in reserved categories as follows:
- OBC (NCL): 3 years
- SC/ST/Ex-Servicemen: 5 years
- PwBD: UR/EWS – 10 years, OBC (PwBD) – 13 years, SC/ST (PwBD) – 15 years.
SBI PO Application Fee 2024
The application fee for the SBI PO 2024 exam varies based on the candidate’s category:
| Category | Application Fee |
|---|---|
| General, OBC, EWS | ₹750 |
| SC, ST, PwBD, Ex-Servicemen | Exempt from fee |
Candidates can pay the application fee online using debit/credit cards, net banking, or other available payment methods.
SBI PO 2024 Selection Process
The selection process for SBI PO 2024 is a multi-stage procedure that includes:
1. Preliminary Examination (Prelims):
- Duration: 1 hour
- Total Questions: 100
- Marks: 100
- Sections: English Language, Quantitative Aptitude, Reasoning Ability
- Negative Marking: -0.25 for each wrong answer
2. Main Examination (Mains):
- Duration: 3 hours (Objective) + 30 minutes (Descriptive)
- Total Questions: 155 (Objective) + 2 (Descriptive)
- Marks: 200 (Objective) + 50 (Descriptive)
- Sections:
- Objective: Reasoning & Computer Aptitude, Data Analysis & Interpretation, General/Economy/Banking Awareness, English Language
- Descriptive: Letter Writing, Essay Writing
3. Interview:
- Duration: Varies by candidate
- Marks: 50
- Focus: General knowledge, banking awareness, and personal discussion.
The final merit list will be prepared based on the combined scores from Mains and the Interview stage.
SBI PO 2024 Pay Scale
The SBI PO 2024 pay scale is competitive and offers a promising career progression:
- Initial Basic Pay: ₹36,000 per month
- Annual Increment: ₹1,490 for the first 7 years
- After 7 years, the basic pay will increase to ₹46,430 with annual increments of ₹1,740.
- After 2 more years, the pay will rise to ₹49,910, with annual increments of ₹1,990.
- The maximum basic salary can reach up to ₹63,840 after 7 more years.
In addition to the basic salary, SBI PO employees receive several allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), and other benefits.
Frequently Asked Questions (FAQs)
1. How can I apply for SBI PO 2024?
Candidates can apply for the SBI PO 2024 exam by visiting the official SBI careers portal at sbi.co.in. The application link will be activated once the official notification is released. Ensure you meet the eligibility criteria and submit the application within the specified time frame.
2. What is the age limit for SBI PO 2024?
The age limit for SBI PO 2024 is 21 to 30 years as of the notification date. Relaxations in the upper age limit are provided for candidates belonging to OBC, SC, ST, and PwBD categories.
SBI PO 2024 offers an outstanding opportunity to join one of India’s largest and most respected financial institutions. Keep an eye on the official website for the release of the notification, and start preparing for this competitive exam today!