SBI Clerk Pension

I want to get information about the State Bank of India Clerk salaries and Pension. So here can you provide me information about it?

[Shaleen]

As per your demand here I am providing you information about the State Bank of India Clerk salaries and Pension, as you want.


Here I am giving you information about it, as you want.


PENSION CALCULATION FORMULA:
(a)
No. of years pensionable service x Average substantive salary drawn during the last 12 months’ pensionable Service (not to be rounded off)/ 60



Salaries;
Clerk Salary in SBI at 109.8 % DA -
Rs. 17500 (Gross)

Salary Structure:
Basic Salary in 7200 basic pay:
8000

Let us calculate SBI Clerk Salary of Graduates.
Dearness Allowance at 102.45 % =
8784

House Rent Allowance: 10%=
800

Transport Allowance:
225

SBI Clerk Cash in hand Salary is
Rs. 17000-20000.

Pay Scale of SBI Clerk:
7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300 (under review)

SBI Clerk basic pay for new recruit will be Rs. 7200. Up to 3 years, they get promotion in their basic pay of Rs. 400 every year till the basic pay becomes Rs. 8400.

After the next 3 years, they get 3 promotions in their basic pay as it increases 500 per year to reach to Rs. 9900. After that, they get Rs. 600 increment per year for 4 years till their basic pay reaches 12300.

This process continues till the basic pay reaches Rs. 19300.

Note:
Salary for new recruit after 10th bipartite settlement will range from Rs. 21000 to 23000.