The base wage is an important component that motivates candidates to apply for a clerk position with the SBI bank. The SBI clerk salary and prospects for advancement are enormous, which is why lakhs of applicants seek for the SBI clerk job. The basic compensation for SBI clerks is Rs. 19,900, with two advance increments for newly hired SBI Junior Associates (Clerk).
The SBI Clerk in Hand salary, job profile and responsibilities, bonuses and allowances, salary slip, promotion, and career advancement for the year 2022 have all been described in this post. Candidates who pass the next SBI Clerk exam will be placed on a 6-month probation period. You should be aware that the 11th bipartite settlement is slated to begin in 2017. The SBI Clerk pay would increase by Rs. 3,000 to Rs. 4,000/- following the settlement of the 11th bipartite settlement. Let us now go through the wage structure for the Clerical position in detail.
Pay Ranges for SBI Bank Clerks
The amended pay scale for SBI Clerks is 17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920, according to the most recent announcement. The beginning Basic Pay is Rs. 90,000 (plus two advance increments for graduates).
Previously, the SBI clerk’s pay scale was 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1- 30230-1310/1-31450.
Salary Slip and SBI Clerk Salary 2022 (In Hand)
Junior Associates are the individuals who will be assigned to the most recent Clerk position. The newly appointed applicants’ SBI Clerk in hand remuneration will range from Rs. 26000 to 30,000/-. The variation in SBI Clerk income is determined by the candidates’ job location, the current DA, HRA, and other considerations.
Salary Structure for SBI Bank Clerks in 2022
To assist you comprehend the SBI Clerk compensation structure in India, we’ve put up a table that breaks down the salary and its numerous components. The DA and HRA for SBI Clerks differ. The DA is determined by the country’s inflation rate, whereas the HRA is determined by the candidates’ job location.
|Basic Pay||Rs. 19,900|
|Dearness Allowance (DA)||Rs. 6,352 (26%) as of 2021|
|Transport Allowance (TA)||Rs. 600|
|House Rent Allowance (HRA)||Rs. 2,091|
|Special Allowance||Rs. 3,263|
|Gross Salary||Rs. 32,088|
Salary Deductions for SBI Clerks
As part of the process, all candidates’ salaries will be deducted.
Probationary Period for SBI Bank Clerk at Professional Tax Pension Fund
The candidates who are hired as SBI Clerks will be on probation for six months. Candidates would be required to complete e-lessons as prescribed by the banks throughout their SBI probation period.
The candidates will also be examined after completing the 6-month SBI Clerk probation period. Candidates who do not reach the bank’s requirements will be compelled to retake the entire course.
Benefits & Allowances for SBI Bank Clerks
The following benefits and allowances will be available to candidates who are assigned to the position of SBI clerk.
House Rent Allowance (HRA): The HRA is calculated using the Consumer Price Index. Dearness Allowance (DA): The DA is calculated using the Consumer Price Index. HRA is determined by the employee’s posting location, and it is usually higher in metro cities than in urban, semi-urban, or rural locations.
- Allowance for transportation
- Allowance for Medical Treatment
- Allowance for Newspapers
- Allowance for Furniture
- Allowance for luggage
- Starting Salary for SBI Clerks in Metro Cities
As you may be aware, the SBI Clerk compensation differs according to the candidate’s job location. As a result, the remuneration structure for SBI Junior Associates will change.
A Clerical Cadre employee’s entire beginning emoluments in a Metro like Mumbai will be roughly Rs.29,000/- per month, including D.A., current allowances, and two further increments for newly recruited graduate junior associates.
SBI clerks would be eligible for reimbursement of different perquisites, provident fund, pension under the New Pension Scheme (Defined Contribution Benefit), medical, leave-fare, and other benefits, as per the Bank’s instructions.
SBI Bank Clerk Salary Increments with Pay Scale
The increments in the salary of SBI Clerical posts are given below in the table.
|Basic Junior Associate SBI Salary||Rs.13075/-|
|Junior Associate Salary after 1st Increment||Rs.13730/-|
|Junior Associate Salary after 2nd Increment||Rs. 16175/-|
|Junior Associate Salary after 3rd Increment||Rs. 20095/-|
|Junior Associate Salary after 4th Increment||Rs. 28110/-|
|Junior Associate Salary after 5th Increment||Rs. 30230/-|
|Junior Associate Salary after 6th Increment||Rs. 31450/-|
Aspirants check for SBI Bank Clerk Salary, which is a key factor in deciding whether or not to pursue such a career. The salary of an SBI Bank Clerk is described in this article. The Junior Associate(Clerkin-hand )’s salary, along with perks, allowances, and role, is listed below. The information is taken from the official announcement. After all deductions, the in-hand salary of an SBI clerk varies depending on the location of employment. In-hand salaries for SBI Clerks typically vary from Rs 26,000 to Rs 29,000 per month.