SBI CBO Salary 2026: Pay Scale, In-Hand Salary, Allowances & Job Profile

SBI CBO Salary: The State Bank of India has announced 2273 vacancies for the Circle Based Officer (CBO) post. Candidates applying for SBI CBO Recruitment 2026 should understand the salary structure and job profile to assess what the position offers. The initial basic pay for an SBI CBO is Rs 52480 (Rs 48480 + Rs 2000 + Rs 2000), which includes two advance annual increments. SBI Circle Based Officer post is a highly reputed officer-level role that offers periodic salary increments and applicable allowances, making it one of the most lucrative and secure banking jobs. 

In this article, we have mentioned complete details on the SBI CBO salary structure, in-hand salary, allowances, increments, and other related benefits.

SBI CBO Salary

SBI conducts SBI CBO exam to recruit eligible candidates for the post of Circle Based Officer. Understanding the SBI CBO Salary 2026, along with job profile, career growth, allowances etc is essential to know the competition level. The SBI CBO comes with a starting basic pay of Rs 48480. Candidates with prior banking experince gets two advance annual increments, raising their basic pay to Rs 52480. In addition to the basic salary, employees are entitled to various allowances such as Dearness Allowance, House Rent Allowance, City Compensatory Allowance, and other benefits.

Also, check: SBI CBO Apply Online 2026

SBI CBO Salary 2026 Overview

SBI CBO post is a permanent officer-level position which comes with attractive salary package, multiple allowances, and career growth opportunities. You can check the key details for SBI CBO Salary in the table below.

SBI Circle Based Officer Salary

The selected SBI Circle Based Oficer will be provided with a basic salary of Rs 48,480 per month with the pay scale of Rs 48480-2000/7-62480-2340/2- 67160-2680/7-85920. Candidates can also check the table below to understand the complete salary structure.

SBI CBO In-Hand Salary

As per the RBI guidelines, the SBI CBO In-hand salary includes key components like basic pay, allowances and PF deductions. Considering all the factors, the starting salary of SBI CBO will range between Rs 70000 and Rs 72000.

SBI CBO Salary 2026: Allowances and Benefits

Apart from the basic salary, SBI CBOs are entitled to several allowances and perks, including:

• Dearness Allowance (DA)

• House Rent Allowance (HRA)

• Leave Travel Concessions (LTC)

SBI CBO Career Growth and Promotions

Candidates hired as Circle Based Officers get numerous promotion opportunities. They get promoted to higher positions based on their performance and internal examinations. The positions are as follows:

• Assistant Manager

• Deputy Manager

• Manager

• Senior Manager