As the biggest bank in India, SBI gives lots of additional perks and allowance to the CBO of SBI apart from Salary in hand. That’s because lots of younger prepare for the post of Circle-Based Officer . Every employee wants all these perks apart from his salary in hand. Pls share other benefits for SBI CBO.
The State bank of India also gives other allowances, perks, and reimbursements to the Circle-based Officer. As per the Central government rule, all the employees of the State Bank Of India are eligible for the yearly salary increment. Apart from salary in hand, The SBI CBO is eligible for the below-given allowances as reimbursement.
- Leave travel and Home Travel Compensation
- Special Concession on the rate of interest on home loan
- Special Concession on the rate of interest on Personal loan
- Special Concession on the rate of interest on Automobile (Car/ Bike) loans.
Below we brought the table for you in which you will find details of those lucrative perks.
| Medical Insurance facility | 100% Covered for the SBI CBO. 75% for Family Members |
|---|---|
| Traveling Insurance | Reimbursement of Fair for Official Travels Only. varies according to the cadre of Employee |
| Petrol Allowances/Local Travel Allowances | Around INR 1,100/- – INR 1,250/- |
| Newspaper, Entertainment, Books Allowances, etc | Based on the Cadre of the Employee |