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Old 4th June 2015, 02:27 PM
Default SBI Clerk Salary After Probation

Can you please tell me the salary of clerk in State Bank of India after probation? As I want to do job of clerk in State Bank of India? also tell me the salary and the other perks offered to the clerk in State Bank of India?
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Old 13th February 2020, 10:58 PM
Default Re: SBI Clerk Salary After Probation

Can you tell me about the salary package offered for Clerk/Junior Associates Post in SBI (State Bank of India) as I want to check it before applying for it?
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Old 13th February 2020, 10:59 PM
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Join Date: Aug 2012
Default Re: SBI Clerk Salary After Probation

The Junior Associates (the official designation of Clerk in SBI) will get salary in the scale of 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230-1310/1-31540.

The total salary of an SBI Clerk can be divided into various components:

Dearness Allowance
House Rent Allowance

There are other allowances as well:
Leave fare subsidy
Medical facilities
Encashment of Privilege leave
Conveyance Allowance
Loans for housing, car, personal consumables at concessional rates

Facilities Amount
Basic Pay Rs.11,765/-
DA Rs.5311.58/-
CCA Rs. 0/-
Transport Allowance Rs.425/-
Total (without HRA) Rs.18413.37/-
HRA Rs.1176.5/-
Gross with HRA Rs.19589.87/-

SBI Clerk Salary Components

Dearness Allowance (DA)
This component of SBI Clerk Salary is revised 4 times a year. It is based on the Consumer Price Index (CPI). The DA elevates when the inflation is high and vice versa.

House Rent Allowance (HRA)
The HRA is totally dependent on the city of SBI Clerk’s posting. In Metro cities, the HRA is high as compared to rural areas.

SBI Clerk Perks and Allowance

SBI Clerk will be eligible for various perquisites, Provident Fund, Gratuity, Pension under New Pension Scheme (Defined Contribution Benefit Scheme), Medical, Leave fare and other facilities, as per the instructions of the Bank issued from time to time.

Some of the allowances are:
Medical Cover
Petrol Allowance
Vehicle Allowance
Housing Allowance
Travel Allowance
Furniture Allowance
Two Year Sabbatical (Leave) for female clerks as maternity leave or children’s education
Briefcase Allowance
Entertainment Allowance: TV & Cable

Other Benefits in SBI Clerk Salary
There are many benefits along with the salary of SBI Clerk. Some of them are mentioned below:
Pension under New Pension Scheme (NPS)
Flexible working timings
Medical Insurance
Financial Security
Provident Fund
Nice work environment, etc.

SBI Clerk Salary Increment

Facilities Amount
Basic Pay Scale Rs. 11,765/-
Annual Increment Rs. 655/-
After 3 years Increase to Rs. 13,730/-
After another 3 years Rs. 16,715 /
After another 4 years Rs. 20,095/
After another 7 years Rs. 28,110/-
Maximum salary Rs. 31,450/-

Emoluments offered under SBI Clerk

For one residing in Metro Cities, like Mumbai, the monthly starting emolument is approximately Rs. 23600/- inclusive of DA (Dearness Allowance) and other allowances at the current rate.

Being a SBI Clerk, one is eligible for various other perks like Pension (Under the New Pension Scheme, NPS), Leave Fare, Medical Facilities, and Provident Fund, etc.

SBI Clerk in – hand salary usually lies in the range of INR20000/- INR23000/- (as per posting location).
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