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SBI Clerk Vs IBPS Clerk – Complete Analysis, Salary & Perks, Growth

SBI Clerk Vs IBPS Clerk

Bank Clerk is an entry level job which millions of individuals dream. However, there is great confusion when it comes to choose between SBI or IBPS Clerk. Complete Analysis for SBI Clerk Vs IBPS Clerk along with Growth aspects, Salary & Perks is discussed here.

Institute of Banking Personnel Selection is exam conducting body which organizes separate bank paper for SBI Clerk. Through SBI Clerk Vs IBPS Clerk analysis, you will be familiarized in terms of their Job profile, responsibilities, salary, career growth, perks& others.

Complete Analysis for SBI Clerk Vs IBPS Clerk:

Last’s IBPS Clerk exam held for total 19 participating organizations (excluding SBI of course). Students were confused about the profile i.e. whether they should prefer IBPS Clerk or SBI Clerk. In order to clarify all your doubts, we are discussing SBI Clerk Vs IBPS ClerkQuora.

Those willing to purse career in banking sector may be familiarize with SBI Clerk Vs IBPS Clerk Analysis as it will help in knowing for which exam you must apply. For more details for it, have a look on below page created by team of recruitmentresult.com

SBI Clerk Vs IBPS Clerk

IBPS/SBI Clerk Exam:

Individuals after qualifying SBI clerk exammay join State Bank of India while thoseclearing IBPS clerk test are selected one from the 15 Public Sector Banks. IBPS is designated to complete the essential procedure to fill vacancies for some PSBs expect SBI.

Every year Institute of Banking Personnel Selection release IBPS Clerk or SBI Clerk Notification for appointment of aspirants in banks. Following is list of 15 Public Sector Banks in which contenders gets appointed after qualifying Exam.

Now we’ll compare both these exams like SBI Clerk Vs IBPS Clerk on the basis of following parameters, please have a look….

SBI Clerk Vs IBPS Clerk

1. SBI Clerk Vs IBPS Clerk – Salary

Salary is among the key factors which candidates keep in mind while applying for IBPS Clerk Notification. IBPS Salary structure is somewhat identical with SBI Salary structure.

FactorsSBI Clerk (INR)IBPS Clerk (INR)
Basic Pay11765 (After additional two increments so your basic will be 13075)11,765
Special Allowance911.79911.79
Dearness Allowances51.2% of Basic Pay51.2% of Basic Pay
City Compensatory Allowance00
House Rent Allowance800-11761058 – 1176
Transport Allowancedepends on the posting location425
Salary (In Hand)20000-25000 (On the basis of posting location)18000-23000(On the basis of posting location)
  • Dearness Allowance (DA):

Dearness Allowance is revised on periodical basis that is in the months of February, May, August and November founded on the CPI as confirmed by Government of India. Present Dearness Allowance has been set at 39.40% of the Basic Pay and when price rises is elevated, DA goes up and vice versa.

  • Special Allowance:

 It has been further attached in 10th BPS that is on 01st November 2012 for clerks and its 7.75% on which Dearness Allowance is also to be paid.

  • HRA:

the term HRA based on the place of redistribution and it can be either 10% or 9% or 7.5% based on the place of posting.

Important Note: So, the initial Basic Pay of a clerk will be Rs. 18,100 – 19,800 including allowances and Bank clerk salary in SBI is 2000/- extra as compare to other banks, pay scale of SBI clerk is supplementary because of extra allowances state bank of India offers to their employees.

Have A Look Below, To Check Difference Between SBI Clerk VS IBPS Clerk Salary:-

2. SBI Clerk Vs IBPS Clerk – Educational Qualifications

If you’re already decided to get jobs in Banks through employment exam than the lowest step in pathway banking operations, is a degree (graduation) from a recognized university.  So, it doesn’t matter if you apply for IBPS Clerk Or SBI Clerk, minimum educational qualifications are similar in both exam.

Also Check:-

3. SBI Clerk Vs IBPS Clerk – Roles and Responsibilities:

The Roles and responsibilities of an SBI Clerk is almost similar to IBPS Clerk.

Clerk Responsibility in Bank:

To handle all the cash deposits and withdrawals
Responsible for handling all the cash transaction activities(Cash, cheque, demand draft)
Maintains daily, monthly and weekly report of transactions in the bank
Single Window Operator in a bank
Performs marketing operations in Bank
Provides assistance in any kind of need(bank services such as change of address, change of contact details, updating the passbook, others)

Check Salaries Of More Banks:-

4. SBI Clerk Vs IBPS Clerk – Career growth Prospects

Selected job seekers for clerk post can extremely modify their pathway of career so go through the below segment to get updated information.

In-Cadre Promotion Of Clerks:

  • An aspirants in clerical cadre who has accomplished 10 years of service will be promoted to the post of Senior Assistant and this post shall bear a extraordinary allowance of Rs.1800/-.
  • A candidate in clerical cadre who has accomplished 20 years of service will be promoted to the post of Special Assistant and this post shall take a special allowance of Rs.2500/- which will be ranked for DA & HRA
  • An employ in clerical cadre who has accomplished 30 years of service will be promoted to the post of Senior Special Assistant and this post shall bring a special allowance of Rs.3500/- which will be ranked for DA & HRA.

Promotion Of Clerks To Officer Cadre:

  • To Trainee Officer:

After 03 years of service, a clerk can turn out to be trainee officer after qualifying written examination and interview. These clerks are place under trial for a period of 02 years and after successful achievement of probation, the trainee officer based on performance will be either recruited into MMGS-II cadre or sent back to clerical cadre.

  • Directly  to JMGS-I:

 After 06 years of service under rapid promotion channel or after 12 years of service under normal promotion channel, a clerk can turn into a JMGS-Scale1 officer, after qualifying a written examination and interview, subject to upper age limit.

You Can Also Check SBI Clerk Latest Updates:-

SBI Clerk Vs IBPS Clerk Growth & Promotion:

SBI Clerk

IBPS Clerk
For Post of Junior Associates/Clerk will have to serve a minimum probation period of 6 months.

After completing 2 to 3 years in SBI, aspirants will be promoted to higher level.

Incadre Promotion is done on the basis of years of service completion.

Officer Cadre Promotions are done on the basis of written exam and Interview organized in SBI itself.

A clerk can become a trainee Officer after successfully completing 3 years of service and on qualifying written exam and Interview

Those shortlisted as IBPS Clerk have to complete a probation period of 6 months.

After completing the probation period, an IBPS Clerk will be promoted to higher level.

For Promotion, you may clarify

Written test organized inter banks.

After qualifying this written test, a clerk hired for Trainee Officer in Bank.

On basis of JAIIB, CAIIB qualification, as well as Graduation/Post Graduation, clerk also gets promotion

5. SBI Clerk Vs IBPS Clerk Work Pressure:

SBI ClerkIBPS Clerk
  • Work pressure is more in State Bank of India as compared to other public sector banks.
  • SBI Branch offices remain busy due to work pressure.
  • As compared to an IBPS Clerk, he face tougher challenges
  • In comparison to SBI Clerk, IBPS Clerk has less work pressure.
  • On the basis of location of posting, the work pressure may increase.
  • There are fewer challenges for IBPS Clerk job.

 

To Know Latest Updates of IBPS Clerk, Have A Look Below:-

6.Job Perks & Benefits:

Perks & Activities

IBPS ClerkSBI Clerk
Challenging TasksYesMore than other PSBs
Travelling AllowancesBank Guest Houses are available at major citiesHoliday Homes & Bank Guest Houses available at major cities
Housing AllowancesYes (Accommodation is also available in certain banks)Yes (Accommodation available for certain places)
Work Pressure & EnvironmentGood & Healthy (Possessing Less Pressure)High Work Pressure & Tough Challenges
Flexible Duty Hours and Working in Shifts FacilitiesYesYes
Excellent Growth ChancesYes, but after 2 years of Probational PeriodAfter 3 years
Dealing with People and Gaining ExperienceYesYes
Leaves PrivilegeSame as PSB’s33 PL + 12 CL and Women, Single Men with Children & Aged Person can take leave sabbatical leave of up to 2 years.
Medical BenefitsYes! INR 2000 per year100% Benefits for Employees & 75% for Family + Insurance Policy
Loan FacilitiesIn some of the IBPS Participating BanksYes! Bank also provides scholarship to meritorious children of Bank Employees
Reputation in SocietyLess than SBIIn terms of Social Status, SBI is considered as Largest Bank in India. Therefore, the reputation of SBI employees increases automatically.
Worthwhile Pension SchemesYesYes
Wonderful Salary PackagesInitial Salary: INR 18,000 – 23,000(No Increment before 2 years)

Initial Salary: 20,000 – 25,000(Up to 4 increments can be made within the initial years)

Also: Check IBPS Latest Notification

7. Selection Criteria & Recruitment Process:

Important Recruitment Factors

IBPS ClerkSBI Clerk
Selection ProcedurePrelims + MainsPrelims + Mains + Interviews
Exam Pattern – PrelimsSameSame
EligibilitySameSame
Application FormSame ProcessSame Process
Exam Pattern – MainsSections – 4 (QA, LR, GK, Eng)Sections – 5 (QA, LR, GK, CK, Eng)
Total Time Limit: 160 Minutes (2 Hours 40 Mins)Total Time Limit: 165 Minutes (2 Hours 45 Mins)
SyllabusComparatively EasyHarder than IBPS
Cutoff MarksLower than SBIHigher
Interview ProcessNot Conducted

Final Selection will be based on Written Test + Interviews

8.SBI Clerk Vs IBPS Clerk – Final Verdict

Those applicants, who are looking for Jobs in Government Sector Bank, than State Bank Of India is one of the most favored options to fetch jobs in Public sector bank and it is relatively apparent in the number of contenders for the post of Probationary Officers.

Beside 1500 position for the job of Probationary Officer, SBI got approximately 17 lakhs applications and the same condition is for the employment of clerks and more than 30 lakh aspirants appeared for the test for the clerk’s position.

You Can Also Check All: Bank Salary Structure

Now, SBI said in its yearly report that the huge scale employment of Gen next workers in the officers as well as in the Assistant grade have not only carried a extensive attitudinal alteration amongst personnel in their customer interface and services across kindling, it has also turn out to be a mechanism in enhancing/improving the efficiency and effectiveness of workers.

Final Words:

Dear readers in above section we’re comparing the term SBI Clerk Vs IBPS Clerk and this information are beneficial for you so now read the above information about both of them and tell us which one do your prefer to be the Winner.

 We’re wishing you very best of luck for IBPS Clerk and SBI Clerk Exam, do well and get selected for appropriate position. You can also follow us Facebook or Google plus to get details on your timeline wall directly.


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