[suman]

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My brother wants to know about retirement age for the post of Clerk in State Bank of Patiala. He said me to search about it. So will you plz tell me about retirement age of Clerk in State Bank of Patiala?

[prince karak]

Firstly I want to inform you that the State Bank of Patiala has merged into State Bank of India.

So here I am giving further information related to State Bank of India:

Retirement Age:
60 Years (As per my information)

Other facilities after Retirement:
Provident Fund
Gratuity
Pension
SBI Employees’ Mutual Welfare Scheme
Group Mediclaim Policies for SBI Retirees
SBI Retired Employees’ Medical Benefit Scheme (SBIREMBS)
Family Pension
Travelling Expenses on retirement
Leave Encashment
Concessionary Interest Rate Benefit
Canteen Facilities
Entertainment Facilities
Email Facility after retirement
No need to open new account for getting pension / family pension

https://www.sbi.co.in/webfiles/uploa...N_BENEFITS.pdf

PENSION CALCULATION FORMULA:
(a) No. of years pensionable service x Average substantive salary drawn
during the last 12 months’ pensionable
Service (not to be rounded off)
60

Where the average of monthly salary drawn during the last 12 months’ pensionable service is upto Rs. 51,490/- p.m.


Facilities by SBI after Retirement






Here I am attaching a file that has more information related to facilities offering by SBI after retirement: