SBI Clerk Salary 2022, Revised Pay Scale, In-hand Salary, Career Growth, Job Profile

SBI Clerk Salary 2022, Revised Pay Scale, In-hand Salary, Career Growth, Job Profile

SBI Clerk Salary 2022 State Bank of India every year issues an SBI Clerk Notifications inviting qualified candidates for banking positions to apply for Junior Associate positions. Since the SBI Clerk 2022 exam is coming up candidates must look to find SBI Clerk Salary which is a crucial factor for applicants to select an opportunity. SBI Clerk Salary is discussed in this article. The in-hand salary along with the benefits, allowances, and duties of the junior Associate(Clerk) is given below. The information is in accordance with the official announcement.

SBI Clerk Salary In-hand

In-Hand Salary of SBI Clerk In-Hand Salary of SBI Clerk will be the amount of money a candidate will earn after deducting. The initial salary of SBI Clerks ranges from the between Rs 26000 and 29000/-. The main factor that determines the amount is the location of the posting, which can be distinct in rural and urban areas.

SBI Clerk Salary 2022

The Salary Structure for Clerks at SBI is as the following:

The pay scale of SBI Clerk has been revised by SBI this year and the new pay scale of SBI Clerk is Rs.17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. Earlier, the pay scale was 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1- 30230-1310/1-31450.

It means that initial base salary for a potential applicant will be 17900/- and an annual increase of 1,000 Rs in Basic pay, and the maximum basic salary of an SBI Clerk will be Rs 47920/+.

SBI Clerk Basic Salary Rs.19900/- (Rs 17,900 + two advance increments given to graduates)
Salary after 1st Increment- Rs. 20900/-
Salary after 2nd Increment-Rs. 24590/-
Salary after 3rd Increment- Rs. 30550/-
Salary after 4th Increment- Rs. 42600/-
Salary after 5th increment- Rs 45930/-
Salary after 6th increment- Rs 47920/-
Dearness Allowance Based on the Consumer Price Index
House Accommodation Depends on the place of posting

SBI Clerk Salary - Allowances

The salary total takes into consideration allowances and benefits, which are advantageous to employees. employee(Clerk). The allowances are:

  • Dearness Allowance
  • House Rent Allowance
  • Transport Allowance
  • Special Allowance
  • City Allowance
  • Medical Allowance
  • Newspaper Allowance
  • Furniture Allowance
  • They also come with different amounts, based on the place of the posting.

* (The Dearness Allowance rises by the quarterly basis and is based on the rate at which inflation occurs in the country. If the rates of inflation rises, the DA increases and reverse)

SBI Clerk Salary - Perks

As with a regular bank job like a normal bank job, the SBI Clerk Salaries comes with benefits of stability and financial security medical insurance, and a retirement fund. Additionally, the fact that the employee works in government institutions and the central bank(government) is an chance.

Another benefit that is important is the pension, a provident fund medical leave, leave and cost. In addition, the offers offered are also credited to your profile.

SBI Clerk Promotion

An SBI Clerk can be promoted through two ways:

  1. In-cadre Promotion
  2. The promotion to the Officer Cadre

In-cadre Promotion:

This kind of promotion is based on home-based postings which is a time-bound campaign:

  • A specific allowance of 1800 rupees is paid in addition to the salary. In the course of 10 years working experience, the assistant is made an Assistant Senior. (This allowance is not considered as a basis for calculating the basic salary).
  • An assistant is special assistant after 20 many years. This job comes with an allowance of 2500 rupees- (This is used to calculate of the basic salary).
  • An assistant becomes Senior Special Assistant upon thirty years in service. This position comes with a unique allowance of 3500per annum (This is the basis for the calculation of the basic salary).

The Promotion to Officer Cadre

  • A assistant is promoted to Trainee Officer when he/she has completed three years of the time in the service.
  • It is required to pass this exam. JAIIB and CAIIB Exams offered by the Indian Institute of Banking and Finance (IIBF) along with passing the internal written test as well as the personal interview.
  • They are then placed on probation for a time that is two years. Following the probationary period, and following an interview with them, they either are taken on board in middle management grade Middle Management Grade (Scale – II) or returned to the Clerical Cadre.
  • An assistant may be promoted to Scale I Officer within the junior management grade after the person has completed at least six years’ service on a fast track channel or twelve years of service on a normal track channel. To get promoted more quickly, JAIIB and CAIIB qualification is essential and must be able to pass the written test as well as conducting a private interview.

Frequently Asked Questions

The salary paid to the SBI clerk after deductions, is determined by the location of posting. SBI Clerk in-hand salaries typically falls between approximately Rs 26,000/- to 29,000/-.

 

It is true that SBI Clerk (Junior Associate) is a job that can be done on a long-term basis.

The basic pay for SBI Clerks is Rs 47920, as per the regular increments.

State Bank of India (SBI) provides the highest wage package for Clerks.

The basic salary of an SBI Clerks after 3 years is Rs . 20,900.

The basic pay for an SBI Clerks after six years is Rs 24590.