Latest Qualification Jobs


ENTER YOUR E-MAIL FOR FREE JOB ALERTS RIGHT INTO YOUR INBOX -
AFTER THIS, YOU WILL NOT MISS ANY GOVT/PVT VACANCY
Check Your Email To Activate the Confirmation Link

ADVERTISEMENT


SBI Clerk Salary Structure, Govt HIKE Pay Scale after 7th Pay Commission

SBI Clerk Salary Structure

State Bank Of India comes in top of the list of reputed banks in India.Many Seekers, want to get recruited in this bank because of its excellent SBI Clerk Salary Structure.

State Bank Of India categorized their pay scale on the basis of different positions. After the 7th Pay Commission, Govt HIKE the Pay Scale of State Bank Of India.Candidates can get the complete SBI Clerk Salary Structure 2018 along with perks etc from this page.

SBI Hike In Salary:

State Bank of India provides a various job opportunity to those candidates, who want to get hold Jobs In Banking Sector. Applicants, who are going to apply for upcoming SBI Recruitment to fill Clerk & other posts, may check SBI Clerk Salary Structure from here.

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). To take a deep look of salaries and perks of SBI Clerk, check out this page of recruitmentresult.com.

SBI Clerk Salary Structure

Nowadays, bank jobs is most preferable job for young people and after selection, they will also get fair scopes of promotion. In the below section, we’re going to provide you updated details regarding Starting Salary In Hand and Revised Pay Scale, current Dearness allowance which is approx. 109.80% for clerk posts.

Check Here: SBI Notification

Starting Salary In Hand

Here we’re going to provide you Salary structure details that will be updated as per new information.

Calculate starting salary of SBI clerk, which is as shown below in tabular format and it increases as DA gets revision every 6 month and the above calculation is based on current dearness allowance.

SBI Clerk Salary 2018
FacilitiesAmount
Basic PayRs.11765/-
Special AllowanceRs.911.79/-
DARs.5311.58/-
CCARs. 0/-
Transport AllowanceRs.425/-
Total (without HRA)Rs.18413.37/-
HRARs.1176.5/-
Gross with HRARs.19589.87/-

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/-.

Have a Look On This Useful Section

SBI Clerk Question PaperSBI Clerk Call Letter
SBI Clerk RecruitmentSBI Clerk Exam Books
How to Prepare For SBI Clerk ExamSBI Clerk Syllabus
SBI Clerk Interview ExperienceSBI Clerk Eligibility Criteria
SBI Clerk Vs IBPS ClerkOnline Practice Test For Clerk

Perks of Being an SBI Clerk Junior Associate:

The different perks of being an SBI Clerk Junior Associate are:

  • Flexible work hours and working in shifts.
  • Travelling and changing challenges.
  • No door-to-door sales.
  • Stable work environment.
  • Upward mobility.
  • Encash privilege leaves.

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.

Read Here: Jobs & Growth Options In Banking

State Bank Of India Clerk Salary and Perks

SBI is a public-sector multinational banking and financial services organization that was originated in the year 1956. It is the major of all public and private sector banks in India both in terms of assets and office network.

SBI’s total assets as of December, 2013 were approximately 23280 billion INR. It has 16,000 branch offices, satellite centers, and POS (point of sale) out of which 190 branches were located overseas. It offers salaries and remunerations at least 14% more than the industry standards.

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.

Check Now: Bank Salary Structure In India

SBI Clerk 2018 Salary:

SBI is a public-sector multinational banking and financial services organization that was originated in the year 1956. It is the major of all public and private sector banks in India both in terms of assets and office network.

SBI’s total assets as of December, 2013 were approximately 23280 billion INR. It has 16,000 branch offices, satellite centers, and POS (point of sale) out of which 190 branches were located overseas. It offers salaries and remunerations at least 14% more than the industry standards.

Revised SBI Clerk Salary Details Allowances:

State Bank Of India pursues very strict hiring criterion can be measured from the fact it selected only 20,682 applicants out of 30 lakhs job seekers in last year.

Fresh recruits apart from receiving high starting salaries are also entitled to generous incentives and perks including but not limited to paid vacations, paid medical leaves, cell phone allowance, city compensatory allowance, and so on. Salaries also receive a boost periodically as an employee gains working experience.

Want to Know? How to Download SBI Challan Form

Final Note:

Dear visitors, stay in touch with us on our web portal by bookmark this page using control+d and getting instant access of SBI Clerk Salary Structure. If you have any query related to SBI Clerk Salary Structure 2018, you may freely ask by leave their comment in below provided comment box and our team member will entertain your query as soon as possible.


Filed in: Salary, SBI, SBI Clerk Tags: 

20, 00,000+ Top Jobs For Freshers, Salary 1.75 Lakh– Apply Now

ADVERTISEMENT


Leave a Reply

Submit Comment