State Bank of India, with a glorious history of more than 200 years, stands as the proxy for the Indian Economy. The Bank’s strength over the decades, has stemmed from its strong employee centric approach, and its ability to attract and retain the best banking talent in the country.
When you begin your journey with SBI, you don’t sign up for a mundane 9 to 5 job… You sign up to be part of a dynamic, fast-paced work environment. You are challenged every day to push your boundaries and grow not just professionally, but personally as well.
At SBI, you will grow professionally by tackling complex business problems. You will grow as an individual as you discover your passions and chart your own career path. You will build new perspectives as you travel the country and the world. You will develop empathy for others as you meet new people every day and learn from their experiences.
Day by day, month on month, year after year – You will continue to grow. And that’s SBI’s promise to you.
CHART YOUR OWN CAREER PATH
At SBI, each employee has a unique career path. You are initially groomed as an all-rounder, and thereafter you have the freedom to pursue your area of interest and build expertise. As you grow to senior levels, you develop as a leader by assuming critical positions across different businesses. Throughout your career, you are provided with elevation opportunities every 3-4 years based on performance.
BEST IN CLASS
There are several perks associated with working with the biggest bank of India. One of the most attractive feature is the best in class entry level compensation package that we offer to the probationary officers. We offer the highest entry level compensation in the banking industry.
The total compensation per annum for a Probationary Officer would be a minimum of Rs. 7.55 lacs and maximum of Rs. 12.93 lacs depending on place of posting and other factors. This includes leased rental accommodation, conveyance allowance etc.
The compensation includes housing rent allowance or leased rental accommodation where the employees get housing rent as a part of their package. This becomes more prominent as the employee move up the career ladder. Bank also provides accommodation at certain places for the Clerical Staff.
Health and well-being of our employees and their families is important to us and we take care of your medical expenses. Medical benefits (100% for the employee and 75% for dependent family) form a key component of the overall package. The Bank also provides group insurance over and above the compensation package.
You are provided with attractive leave policies, which includes 33 days of privilege leave and 12 days of casual leave annually along with sick leave and maternity leave. Women and single men with children or aged parents have the provision to take sabbatical leave of up to 2 years.
The employees get leave travel concession to visit places within India. Holiday homes and Bank’s guest houses are available for the employees at major cities and tourist destinations.
As employees, the Bank provides Housing Loan, Car Loan & Personal Loans on concessionary rate of interest. Also, the bank recognizes and promotes merit by providing scholarships to the meritorious children of all employees. Pension by the bank helps the employee lead a comfortable life post retirement.