SBI attracts a lot of students every year through its recruitment for Clerk posts. SBI has rolled out around 5000+ posts for the year 2021 which gives a golden opportunity for lakhs of aspiring candidates.SBI clerks are responsible for all the desk jobs like client interactions and operations. They also address the concerns of customers and resolve them. They also work as a head cashier like handling cash transactions for concerned branches.Candidates are very much inquisitive about the salary structure followed by SBI and other perks that are added to it.
SBI clerk salary is discussed here in the article. The information provided is as per the year 2021. The standard salary structure almost remains the same for every year.
Pay scale: The starting basic is Rs. 19,900/- (Rs. 17,900/- plus two advance increments admissible to graduates).
House Rent Allowance: These are provided in addition to basic salary to the employees as per the cities they are posted to. Like metropolitan cities have the higher house rent as compared to other cities.
Classification of Cities / Towns | Rate of HRA per month as a percentage of basic pay |
X | 24% |
Y | 16% |
Z | 8% |
Dearness Allowance: It is based on the consumer price index. It increases on a quarterly basis.
Other than these there are several other allowances like:
Allowances vary depending upon the place of posting. They will also be eligible for various perquisites, Provident Fund, New Pension Scheme, Medical, Leave Fare and other facilities as per the notifications released by the Bank.
Below you can check the SBI Clerk salary slip to understand the salary in detail.
SBI Clerk is also eligible to get a promotion which enhances the salary. They have much better promotion opportunities as compared to other bank clerks. Some promotions are time-bound which happens after every 3 years or more. Promotion can be in cadre or officer cadre depending upon the performance and the written test and interview conducted by SBI.
Anjali Srivastava works as a Content writer & blogger for SSC, Railway, Bank exams. An aspirant who has Cleared Tier 1 & 2 CGL (2018) & SBI, LIC, FCI preliminary exam. Write Quora answers & active in Quora Space.
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