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Old January 21st, 2016, 05:20 PM
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Default salary of sbi clerk after revision

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Old May 1st, 2017, 08:53 AM
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Default Re: salary of sbi clerk after revision

Can you tell me about the salary for Clerk Post in SBI (State Bank of India) as I want to check it before applying against the job opening?
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Old May 1st, 2017, 08:54 AM
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Default Re: salary of sbi clerk after revision

Clerk Post in State Bank of India offers impressive salaries to its newly joined clerks with other benefits. This salary gets increment with the period of job and experience.

The Pay Scale of Clerks may be varies according to the location of job. It can be higher for metropolitan cities and a little low for Class Y & Z cities.

State Bank of India provides the maximum entry level remunerations in the banking industry. It also provides additional Allowances & Perks to its employees of Junior Associates (Clerks).

Clerk Salary in SBI at 109.8 % DA Rs. 17500 (Gross)
Basic Salary in 7200 basic pay 8000/-
Dearness Allowance at 109.8 % 8784
House Rent Allowance 10% that is 800
Transport Allowance 225
SBI Clerk Cash in hand Salary Rs. 18000 – 21000

SBI Clerk Pay Scale:

The basic pay of new employ will be of Rs. 7200/- (7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300).

Yearly, they acquire Rs. 400 in their basic pay as a promotion, till 03 years and the basic pay becomes Rs. 8400.

After the next three years, they receive three promotions in their basic pay as it raises 500 for each year to achieve to Rs. 9900.

After that, they obtain Rs. 600 pay raise for each year for four years up to their basic pay reaches 12300.

This process keep on till the basic pay reaches Rs. 19300/-.

Location Wise SBI Clerk Salary:

As per the latest SBI Clerk Notification, the initial monthly salary of a Clerical Cadre employee assigned at an urban city like Mumbai is approximately Rs. 20,950/- including D.A. and other allowances. Allowances differ depending upon the location of working of the employee.

 In Class Y cities: Rs. 20,000/-
 In Class Z cities: Rs. 19,000/-

State Bank of India offers about Rs. 2000/- higher (due to additional allowances) for the clerical posts in contrast of the other banks.

SBI Offers various allowance to its employees. These allowances vary according to the posts and location of job. These allowances are:
 Dearness Allowance (DA)
 House Rent Allowance (HRA)
 Furniture Allowance
 House Maintenance Allowance
 Books & Magazine Allowance,
 Briefcase Allowance
 Reimbursement of Telephone Bills etc.
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