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SBI Clerk Salary Structure, Hike after 7th Pay Commission Perks & Pay Scale

SBI Clerk Salary Structure

State Bank of India is known as SBI, was recognized in 1956, a public-sector multinational banking and financial services organization. Enormous seekers want to get placed in this bank because of its excellent SBI Clerk Salary Structure. Bank 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.

What is SBI Clerk Salary Structure?? It is a most popular question among all of the banking aspirants who are preparing for SBI Clerk exam.  Well, State Bank Of India comes in top of the list of reputed banks in India and so does famous for its remuneration, Perks & Pay Scale and for other facilities.

SBI Clerk Salary Structure after 7th Pay Commission:

SBI is the major of all public as well as private sector banks in India both in terms of assets and office network. State Bank of India has 16,000 branch offices, satellite centers, and POS (point of sale) out of which 190 branches were located out of the country. Bank offers salaries at least 14% more than the industry standards.

Candidates who want to secure their Career in banking sector as Clerk and want to know about SBI Clerk Salary Structure after 7th Pay Commission Perks can check from here given by the team of recruitmentresult.com.

SBI Clerk Salary Structure

AssetsSBI Clerk Salary Structure
SBI Clerk Pay ScaleRs.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/-

Check Here All: Bank Salary

What is SBI Clerk Gross Salary?

Gross salary is an overall package that asks for each inquiry candidate for each and every employee. Gross Salary is earned on a monthly or yearly basis by the employee. In Gross Salary, there is no deduction for tax or provident fund or any additional expenditure. In SBI Bank, the gross salary of SBI Clerk or junior clerk associate is Rs. 20000.

SBI Clerk Salary Structure Post Wise

Posts NameSBI Clerk Pay Scale
SBI Senior Assistant SalaryRs.31253.00 – 105447
SBI Assistant Salary (Non-Bank)Rs.21991.00 – 77557.00
SBI Assistant Salary (Banking)Rs.17020 – 133260
SBI Clerk Probation Period SalaryRs.18579 – 75914
SBI Computer Operator SalaryRs.32252 – 75040
SBI Customer Care Assistant SalaryRs.14476 – 84186
SBI Godown Keeper SalaryRs.39574 – 71193
RK/RK cum Cashier SalaryRs.29602 – 99513
SBI Senior Stenographer SalaryRs.48502 – 81052
Spl RK/RK CashierRs.56113 – 132678
SBI Spl Stenographer SalaryRs.21152 – 106208
SBI Spl Assistant (Non-Bank)Rs.53873 – 137095
Spl Assistant (Banking)Rs.58782 – 190654
Sr Assistant (Nonbank)Rs.41123 – 107603
Sr Assistant (Banking)Rs.34377 – 165693

Get Here Details: SBI Clerk Recruitment

What is Basic Salary of SBI Clerk?

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.

Basic Salary is the literally fixed amount and it is fixed by the recognized organizations. The basic salary of the SBI clerk is fixed and core for each employee. Basic Salary of SBI Clerk is compulsory to be paying to the same category of employees, even if employee did not perform well in the business. Bank has decided that SBI Clerk Basic Salary is Rs 7200/-

Want to Know? How to Prepare for Bank Exams

SBI Clerk Salary Structure after 7th Pay Commission:

Increment (%)SBI Clerk Basic PayTotal SBI Clerk Gross Salary
15%Rs.14,733/-Rs.20,450/-.
20%Rs.15,374/-Rs.21,339/-
25%Rs.16,015/-Rs.22,228/
30%Rs.16,655/-Rs.23,117/-

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 SBI Clerk Salary In Hand

Here we’re going to provide you SBI Clerk 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.

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.

SBI Clerk Pay Scale (Perks and Allowances provided to SBI Clerk):

Housing Facility

Authority of State Bank of India has decided that, recruited candidates will get fully facilitated homes on lease to their employees at their location of working.

DA (Dearness Allowance):

At present, the Dearness Allowance for SBI Clerk Recruitment is 109% of basic pay but it may be fluctuated as per location.

START NOW: Online Practice Test For Clerk

HRA (House Rent Allowance):

HRA is known as House Rent Allowance and given to only those employees, who have not their homes or housing facility at their location of working. 10% HRA of Basic pay will be provided to candidates and those employees who have their own house are exempted from these benefits.

Travel Policy

State Bank of India also offers travel opportunity, guest houses and holiday homes as a complete package to its employees as per norms.

Medical advantage

100% medical benefits will be given to SBI employees. Along with it employee’s family will also get the advantage of 75% medical reimbursement in case of any injury, sickness, or hospitalization.

Have a Look On This Useful Section

SBI Clerk Question PaperSBI Clerk Call Letter
SBI Placement PapersSBI Clerk Exam Books
How to Prepare For SBI Clerk ExamSBI Clerk Syllabus
SBI Clerk Interview ExperienceSBI Clerk Eligibility Criteria
SBI Clerk Vs IBPS ClerkDownload SBI Challan Form

Location Wise SBI Clerk Salary Structure:

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.

Check Now: SBI Clerk Previous Year Question Papers

State Bank Of India Clerk Salary and Perks

SBI Offers various allowance to its employees along with State Bank Of India Clerk Salary. 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: SBI Clerk Exam Pattern

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.

Get Here: Bank Exam Preparation Material

Final Note:

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