SBI Clerk Salary 2021: The State Bank of India (SBI) has released the SBI Clerk Recruitment Notification 2021 on the official website. SBI is considered to be the most secure and prestigious job that not only provides financial security but also social status in society. Candidates appearing for the exam must be inquisitive to know about SBI Clerk Salary. Therefore, candidates can check the salary structure and other benefits offered by SBI.
The SBI Clerk Exam Dates are yet to be announced. It is quite evident that candidates applying for the exam would search for SBI Clerk Salary. Knowing the SBI Junior Associate Salary would also help candidates to become motivated towards the preparation for the exam. We have provided detailed information on SBI Clerk Salary in this article. Read on to find out SBI Clerk In hand salary, Pay Scale, Job Profile, Allowances, and Career Growth.
SBI Clerk Salary 2021: SBI Clerk In Hand Salary
Candidates who are selected as in the SBI Clerk exam would be appointed as Junior Associate in the SBI Bank. The starting basic pay for Junior Associate SBI Salary is Rs.13,075. After the 6th increment, the in-hand SBI Salary would be around Rs.20,000 to Rs.22,000. The Salary of Clerks in SBI varies based on the city they have been posted.
SBI Clerk Salary 2021: SBI Clerk Salary PayScale
The SBI Clerk salary pay scale will be 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110- 2120/1- 30230-1310/1-31450. This means an SBI Clerk (Junior Associate) will get a starting pay of Rs. 11,765/- with an annual increment of Rs 655/- i.e 13075.
The total starting emoluments of Clerical Cadre employee payable at Metro like Mumbai will be Rs. 26,000 per inclusive of DA and other allowances at the current rate and two additional increments of newly recruited graduate junior associates. Allowances may vary depending on the place of posting.
|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/-|
After 3 years, the SBI Clerk Salary will be Rs. 13,730/-. Hereafter, there will be an annual increment of Rs. 815/-. The salary will be Rs. 16,175/- after the next 3 years, with an annual increment of Rs. 980/-. After that, the salary will be Rs. 20,095/- for the next 4 years. After the next 7 years, the SBI Clerk Salary will be Rs. 28,810/-. After one more year, it will be Rs. 30,230/-. And again, after 1 year, the SBI Clerk Salary will be Rs. 31,540/-. This will be the maximum SBI Clerk Salary that an employee under this post can get.
Candidates can check the SBI Clerk pay scale as per SBI Clerk Official Notification 2019-2020 shown below:
SBI Clerk Salary 2021: Allowances
Apart from salary, SBI offers several perks and allowances for the employees. Check the allowances given below:
|Dearness Allowance (DA)||This component of SBI Clerk Salary is revised quarterly, i.e., 4 times a year, and is based on the Consumer Price Index (CPI). The DA increases when inflation is high and vice versa.|
|House Rent Allowance (HRA)||The HRA depends on the city where the SBI Clerk has been posted. If it is a Metro city, the HRA will be higher. In the case of rural areas, the HRA would be comparatively lower.|
The salary of SBI Clerk comprises different allowances such as furniture allowance, telephone bills reimbursements, and many more. With all these allowances, the starting salary per month in a metro city like Mumbai becomes approximately Rs 26,000.
SBI Clerk Salary 2021: Perks
Apart from the SBI Clerk Salary, the SBI Junior Associates enjoys other sequential benefits such as:
- Financial security
- Flexible working hours
- Good work environment
- Pension under New Pension Scheme (NPS)
- Medical insurance
- Dearness Allowance
- House Rent Allowance
- Furniture Allowance
- City Allowance
- Travel Allowance
- Provident Fund, and more.
SBI Clerk Salary 2021: SBI Clerk Job Profile
The SBI Clerk or SBI Junior Associates work as Single Window Operator (SWO) wherein they look after the day-to-day activities of the bank. The following roles and responsibilities are mentioned below:
- Dealing with customers and address their concerns.
- Handling cash counters
- Responsible for opening bank accounts, transactions related to RTGS/NEFT, issuing DDs, handling cheque book requests, transferring amounts through different payment modes, etc.
- Assisting Managers
- Assisting customers in documentation work
SBI Clerk Salary 2021: SBI Clerk Promotions And Career Growth
The SBI Clerk offers immense growth opportunities which are a lot better as compared to other clerical designations in other government banks. In SBI, a Junior Associate can reach as high as General Manager. However, based on the posts, there will be certain eligibility criteria that they must meet. Also, they will have to appear for the necessary exams and/or interviews if they wish to go for that post.
The SBI Clerk is a great job for the candidates aspiring to mark their career in a banking career. The SBI Clerk Salary is decent enough for an entry-level government job. The other benefits and growth opportunities too make it one of the most popular jobs in India.
FAQS Regarding SBI Clerk Salary 2021
The frequently asked questions on SBI Clerk salary are given below:
|Q. When will SBI Clerk 2021 Notification will release?|
A. The SBI Clerk Notification 2021 will be released soon on the official website.
|Q. What is the basic pay of the SBI Clerk?|
A. The basic pay of the SBI Clerk is Rs. 13075
|Q. What are the benefits given to SBI Clerk apart from salary?|
A. Apart from salary, several other benefits such as Provident Fund, Pension, Medical leave fare, travel, newspaper, city, house rent allowance will be offered to the employees.
|Q. What is the in-hand salary of the SBI Clerk?|
A. The SBI Clerk salary in hand is Rs. 20,000 to Rs. 22,000.
Candidates appearing for SBI Clerk Exam 2021 must work on their overall development. You must have a clear idea about the SBI Clerk exam pattern and SBI Clerk syllabus. And, you must wrap up and learn the entire concept thoroughly before you start taking SBI Clerk mock tests up.
We hope that this detailed article on SBI Clerk Salary helps you. If you have any queries regarding the SBI Clerk exam or have any suggestions, drop your comments below. We will surely help you out.1241 Views