[nilesh]

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Can you tell me about the difference in the Salary structure for Clerk Post in IBPS (Institute of Banking Personnel Selection) and SBI (State Bank of India)?

[prince karak]

The difference in the Salary structure for Clerk Post in IBPS (Institute of Banking Personnel Selection) and SBI (State Bank of India) is as follows:

SBI Clerk vs IBPS Clerk: Salary

Both SBI and IBPS Clerk will place the clerk on the following 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 in PSBs 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 off a clerk will be Rs.18,100 – 19,800 including allowances.

Bank clerk salary in SBI is 2000/- extra compare to other banks. Salary of SBI clerk is more because of extra allowances SBI offers to their employees. So this round goes to SBI Clerk.

SBI Clerk vs IBPS Clerk: Educational Qualifications
It does not matter if one applies for IBPS Clerk or SBI Clerk; minimum educational qualifications are same in both, i.e. a degree (graduation) from a recognized university.

SBI Clerk vs IBPS Clerk: Roles and Responsibilities

Generally, roles and responsibilities of clerks are same across all the banks. It is the starting point for career in the banks.

Usually, newly recruited bank clerk is given training for few weeks and then are placed either in a branch or an administrative office.

At the branch, clerical staff is supposed to work as Front Office person and has direct interaction with the public. However, with banks being fully computerized, the job profile will be related to working on computers and entering the day to day transactions in the system.

Due to a big network SBI clerks gets more exposure as compared to their IBPS counterparts.