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16th March 2016, 11:39 AM
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Join Date: May 2012
Re: SBI Clerk Salary Facility Details

State Bank of India is an Indian multinational, public sector banking and financial services company. The Bank was established in 2 June 1806. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

SBI Clerk pay scale:

Rs. 11765 – (655×3) – 13730 – (815×3) – 16175 – (980×4) – 20095 – (1145×7) – 28110 – (2120×1) – 30230 – (1310×1) – 31540

Apart from Basic Pay, as a clerk you will get the following allowances:

(a) Dearness Allowance (DA):

DA is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.
The current DA has been fixed at 39.40% of the Basic Pay).
When inflation is high, DA goes up and vice versa.

(b) Special Allowance :

This has been added in 10th BPS (wef 01/11/2012) for clerks it 7.75% on which DA is also payable

(c) HRA :

This depends on the place of posting and it can be either 10% or 9% or 7.5% depending on the place of posting.

Thus, the initial Basic Pay of a clerk will be Rs.18,100 – 19,800 including allowances.


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