SBI Circle Based Officer (CBO) 2020: Job Profile, Pay Scale, and Selection Process: State Bank of India (SBI) has announced the recruitment of 3850 Vacancies of Circle Based Officers from the Scheduled Commercial Banks and Regional Rural Banks of the SBI in countries such as Gujarat, Karnataka, Madhya Pradesh, Tamil Nadu, Goa, Telangana, Rajasthan, and many others.
In this guide, we’ve shared the entire information linked to the SBI Circle based Officer (CBO) post – What exactly it does, Salary, Pay Scale of CBO, Job & Work Profile, and Promotion Policy.
Candidates applying for this recruitment ought to take a look at the details under. First, let’s take a Look at the circle-wise and state-wise Vacancies of the State Bank of India’s :
|Bhopal||Madhya Pradesh, Chhattisgarh||398|
|Maharashtra||Maharashtra (Mumbai exclude), Goa||550|
Important dates of SBI CBO 2020:
|Release date of SBI CBO Notification 2020||27/07/2020|
|Start of Online Application form||27/07/2020|
Educational Qualification :
Candidates should have completed Bachelor Degree in any discipline or any equivalent eligibility
Work Experience :
Candidates must possess a minimum of two years of work experience according to 1st August 2020 as an officer at any Regional Rural Bank or Scheduled Commercial Bank.
SBI Circle Based Officer CBO selection Procedure 2020
The selection procedure for SBI Recruitment 2020 Exam for this post of Circle based Officer (CBO) will be contingent on Shortlisting of applicants and interviews.
However, the SBI reserves the right to run the coordinated assessment for the Choice of candidates since CBO.
Simply fulfilling the desirable eligibility won’t cause shortlisting of applicants for Interview round. The candidates will be shortlisted from the Shortlisting Committee which will be comprised by SBI.
Merit List: The Merit list for the Choice of candidates will be ready State-wise and Category-wise. The listing will be ready in descending order on the basis of marks obtained by candidates in meeting around.
SBI CBO 2020 Exam Pattern and Syllabus:
As of this moment, the SBI has said in its official website, the recruiting to the post of Circle based Officer is going to be completed through Interview.
On the other hand, the SBI may run the written examination as well for its choice of candidates.
Although the bank hasn’t yet formally announced the examination scheme as well as the syllabus, it’s highly anticipated that the SBI CBO examination may be conducted online in accordance with the other banks’ examinations like SBI Clerk or PO.
SBI Circle based Officer Salary 2020
SBI CBO Salary and Pay Scale :
State Bank of India has given the entire SBI CBO Salary divide in the official website itself. Here we’ve provided comprehensive information concerning this SBI CBO Salary cover scale.
Aspirants those who have chosen as Circle based Officer at SBI will get First emolument the scale of Junior Management Grade Scale-I (JMGS-I).
The SBI Circle Based officers will be provided the pay scale of 23700-980/ 7-305660-1145/ 2-32850-1310/ 7-42020.
Originally, the officers will be paid Rs 23,700/ and other allowances like DA, HRA, CCA, Medical Bill.
The officers will be qualified for a single increment for every year served with them at the bank.
SBI CBO Salary Expansion (Increments)
|Salary||Salary + allowance with time||Total in hand salary|
|Starting Salary||null||Rs. 23, 700|
|Basic Salary after 7 years||Rs. 23, 700 + (980*7)||Rs. 30, 560|
|Basic Salary after 7 + 2 years||Rs. 30, 560 + (1145*2)||Rs. 32, 850|
|Basic Salary after 7 + 2 + 7 years||Rs. 32, 850 + (1310 * 7)||Rs. 42, 020|
This SBI CBO Salary is entirely the same as IBPS SO Salary. So applicants can perform their assignment sensibly to get chosen for SBI CBO Vacancy.
SBI CBO Job Profile :
At this time most of you need to learn about SBI CBO Job Profile, Salary, and Career Growth, for that we have given comprehensive advice about SBI CBO 2020.
Probation on Joining: Once chosen, applicants will be posted as “Circle Based officers” (CBO) from the circle that was exerted. Candidates will be posted on probation for 6 weeks. During probation, CBOs will likely be exposed to constant assessment until their conformation.
Candidates that qualify that the probation period is going to be verified as CBOs at the JMGS-I scale. People who don’t qualify for the probation period will encourage termination of the occupation.
Job Profile: The work profile of SBI CBO could be like banks’ overall cadre officers. Their work profile entails facets of Retail Banking Environment:
- Managing core branch works
- Tracking banking operations for proper accounting
- Approving loan packages
- Developing relationships with clients
- Ensure smooth execution of policies that are crucial
Promotion Policy: The SBI CBO are created from the overall cadre of Officers post. The post is regulated by promotion policy related for overall cadre officials of Banks.
The recruited candidates will probably get posted from the Scheduled Commercial Banks or Regional Rural Banks of the SBI from the educated states.
However, candidates aren’t qualified for inter-circle transfer before their promotion to 12 years of service or SMGS-IV Grade.