• Written By Aswin_B_nath
  • Last Modified 03-03-2023

SBI Apprentice Salary 2023: Check In-hand Salary, Perks & Benefits

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SBI Apprentice Salary 2023: The State Bank of India (SBI) offers attractive salaries to candidates who join the apprenticeship program. The salary, job profile, and benefits after completing the apprenticeship are the main aspects that attract banking aspirants to this program. Candidates interested in applying for the SBI Apprentice recruitment must get familiar with the salary and job profile before applying for the position.

Take SBI Apprentice Mock Tests
SBI Apprentice Online Test Series 1 SBI Apprentice Online Test Series 4
SBI Apprentice Online Test Series 2 SBI Apprentice Online Test Series 5
SBI Apprentice Online Test Series 3 SBI Apprentice Online Test Series 6

*Steps to take mock tests are provided below in this article.

Understanding the responsibilities associated with the job helps applicants to decide if their skills and aspirations align with the job profile. For candidates who wish to craft their future in the banking sector, the SBI apprentice program is a good opportunity. In this article, aspirants can find all the information about SBI Apprentice pay scale, work profile, and various growth opportunities. So, keep reading.

SBI Apprentice Salary Structure 2023

Candidates who will be selected for the post of SBI Apprentice will work with the bank for one year, for which they will be given monthly stipends. After one year, the apprenticeship may be extended by one or more years. The maximum period a candidate can work as an SBI Apprentice is three years.

Note that for these three years, the apprentices are qualified only for the monthly stipend and no other allowances or incentives are given. The below table contains information about the monthly stipend applicable for all apprentices in each subsequent year of the program. Candidates can check the details of the stipend for SBI Apprentices recruitment below:

YearStipend per Month
1st year₹ 15000/-
2nd year₹ 16500/-
3rd year₹ 19000/-

SBI Apprentice Job Profile and Responsibilities

Many applicants have doubts and speculations regarding the exact job profile of an SBI Apprentice. Aspirants often have questions about whether this job profile is permanent or not. We have elaborated on some points that will clear their common doubts and provide further insight into the exact job profile of an SBI Apprentice.

  • This is an Apprenticeship program, not a permanent job at a bank.
  • Selected candidates will perform a number of administrative activities in order to obtain a greater understanding of how the system operates. It’s essentially an administrative role.
  • During the training phase, the main part of the apprentice’s job would be to provide after-sales services for various SBI products like loans.
  • Tasks will be assigned by the supervisors and the SBI Apprentice will be required to complete all of those tasks.

How To Take SBI Apprentice Mock Tests at Embibe?

Follow the below-mentioned steps to take unlimited SBI Apprentice mock tests at Embibe:

  • 1st Step: Visit Embibe’s official website, i.e., embibe.com.
  • 2nd Step: Use the mobile number/email to log in.
  • 3rd Step: Click on the “Getting a Government Job” menu bar. 
  • 4th Step: Select the Goal “Banking” from the dropdown and click on “Next”.
  • 5th Step: Search and select “SBI Apprentice” on the search bar and click on “Next”.
  • 6th Step: Select the preferred language and click on “Done”.
  • 7th Step: Click “Test” from the header section.
  • 8th Step: Scroll down to the “Subjects” section.
  • 9th Step: Click on any SBI Apprentice subjects.
  • 10th Step: Scroll down to click on the chapters from the selected subject to begin the test.

SBI Apprentice Career Growth

The job responsibilities of an SBI Apprentice are designed to set the foundation for a successful banking career for candidates. Candidates who do not have any prior experience in the banking sector can grab this opportunity to get trained for a future banking job. Since this is an apprenticeship program, candidates will receive an internship certificate after the training period is over. The experience and certificate will come in handy when aspirants seek jobs in the banking sector.

Candidates who join the SBI Apprentice program must hold learning and understanding of how the banking system works, as their primary objective. The knowledge gained from the program is often considered more valuable than the monetary benefits offered by the SBI Apprentice program. Furthermore, aspirants must note that weightage/ relaxation in the recruitment of Junior Associates will be given to apprentices who have successfully completed the Apprenticeship training in SBI.

SBI Apprentice Job Duration

The candidates who will be selected for the job profile SBI Apprentice will be working with the bank for one year. The apprenticeship may be extended to a maximum period of three years. After the apprenticeship period, the bank is not under any obligation to provide a permanent job to the apprentices. Apprentices will only be selected for a permanent job profile based on their performance during the SBI Apprenticeship program.

SBI Apprentice Eligibility

Candidates can check the eligibility criteria for SBI Apprentice from the table below:

ParticularsEligibility
NationalityCandidates must be Indian citizens.
Age Limit– The lower age limit for candidates is 20 years.
– The upper age limit for candidates is 28 years.
Education QualificationAspirants must have a Graduation degree from a recognised University/ Institute.

Important Points:

  • The new amendment in the Apprenticeship Act 1961 insists that the applicant must not have previously worked as an apprentice or be currently undertaking Apprenticeship training under SBI or any other organisation.
  • Candidates who have had schooling or work experience for a year or more after receiving their professional qualifications are not eligible to be employed as apprentices.
  • An aspirant can only apply for one State’s vacancy. An applicant who applies for one State’s vacancy is not eligible to apply for any other State’s vacancy.

Also, check:

SBI Apprentice Detailed InfoSBI Apprentice Vacancy
SBI Apprentice Exam DateSBI Apprentice Preparation Tips
SBI Apprentice Cut-offSBI Apprentice Mock Tests

FAQs on SBI Apprentice Salary 2023

Here are some of the most commonly asked queries about SBI Apprentice Salary along with their answers:

Q: What is the monthly stipend of SBI Apprentice?
Ans: The monthly stipend of an SBI Apprentice is Rs. 15000.

Q: Are there any allowances for SBI Apprentice apart from the salary?
Ans: No. There are no other incentives or allowances that are given to SBI Apprentices.

Q: Is SBI Apprentice a permanent Job?
Ans: No. SBI Apprentice is a temporary job for a duration of one year.

Q: What happens if a candidate gets a new job while serving as an SBI Apprentice?
Ans: If an SBI Apprentice gets a new job during his/ her Apprenticeship, he/she can resign and join the new job. There is no specific service bond or contract for the post.

Q: Is there any difference in the SBI Apprentice job profile across states?
Ans: The SBI Apprentice job profile is the same for all candidates across the country. There won’t be any change in the job profile.

We hope that the information on the SBI Apprentice Salary 2023 provided in this article helps you in your career. Feel to get in touch with us using our app or visit our website!!

Stay tuned to Embibe for more updates related to the SBI Apprentice recruitment 2023.

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