State Bank of India CENTRAL RECRUITMENT AND PROMOTION DEPARTMENT, State Bank of India invites on-line applications from Indian citizens for recruitment in the post of Special Management Executive (Banking). Candidates are requested to apply on-line through Bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers. The detailed advertisement is available on Bank’s website https://bank.sbi/careers/ and https://www.sbi.co.in/careers.
1.A candidate can apply for only one post under this project.
2.The process of Registration of application is complete only when fee is deposited with the Bank through online mode on or before the last date for fee payment
3.Before applying, candidates are requested to ensure that they fulfil the eligibility criteria for the post as on the date of eligibility. Call for Online Test/Group Discussion/ Interview will be purely provisional without verification of documents. Candidature will be subject to verification of details/documents when the candidate report for interview.
4.Candidates are advised to visit Bank’s website https://bank.sbi/careers/ or https://www.sbi.co.in/careers for details and updates.
SME (BANKING) MMGS II
SME (BANKING) MMGS III
|SCALE||ABBREVIATION||SCALE OF PAY|
|MMGS II||Middle Management Grade Scale II||31705-1145/1-32850-1310/10-45950|
|MMGS III||Middle Management Grade Scale III||42020-1310/5-48570-1460/2-51490|
The scales of pay applicable to different grades are furnished above. The officials will also be eligible for DA, HRA and CCA as per rule in force from time to time. The compensation per annum on CTC basis at Mumbai is around 13.07 Lacs for an officer of MMGS - II and 15.86 Lacs for MMGS-III. In addition, the officers are also entitled to other benefits like -
(i) Medical Aid for self (100%) and for family (75%)
(ii) Leased accommodation at place of posting or within Circle. (In case of leased accommodation,HRA will not be paid.)
(iii) Concessional Interest Rates for Housing/ Car/ Personal Loans Smart Compensation Package: The selected candidates will have the option to choose ‘Smart Compensation Package’ wherein above salary structure will be restructured by monetizing and clubbing the perquisites value.