The SBI Clerk salary is exceptionally good in comparison to other joining level job profiles in the banking sector. The State Bank of India (SBI) is the largest public sector bank in India. Hence, SBI Clerk is one of the most demanding entry-level jobs in the country.
One of the essential factors to join the banking sector is the salary paid to the employees and SBI Clerk is no exception.
Candidates willing to know more about other SBI exams can visit the linked article.
As per the official SBI Clerk Notification 2021, the SBI Clerk (Junior Associate) basic pay salary has been revised and is Rs.19,900/- apart from other perks and allowances. However, the job responsibilities of an SBI Clerk are many.
This article will give all the relevant details about the salary structure for the SBI Clerk post and the scope of growth ahead in that domain.
Every bank aspirant looks forward to joining the sector with a great opportunity, and the SBI clerk provides the same to the Aspirants. The SBI Clerk salary is an added advantage along with a decent career prospect.
Candidates can know more about the SBI Clerk exam at the linked article.
|Does the Bank Clerk Salary in SBI act as a motivating factor to join the State Bank of India?
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SBI Clerk Salary in India
Currently, the basic SBI Clerk Salary in India is Rs.19,900/- (Rs.17,900/- plus two advance increments admissible to graduates) and multiple increments are added to it as the employee gradually works for the Bank. There are various other components in the salary structure for an SBI Clerk, which makes this post a desirable one.
The significant aspects of the SBI Clerk Salary structure [updated] in India are given below:
|SBI Clerk Salary structure in India|
|SBI Clerk Salary in India- Basic Pay||Rs.17,900/-
Salary after 1st Increment- Rs. 20.900/-
Salary after 2nd Increment-Rs. 24,590/-
Salary after 3rd Increment- Rs. 30,550/-
Salary after 4th Increment- Rs. 42,600/-
Salary after 5th increment- Rs 45,930/-
Salary after 6th increment- Rs 47,920/-
|Dearness Allowance||Based on the Consumer Price Index|
|House Accommodation||Depends on the place of posting.|
Given below is the SBI Clerk pay scale as per the SBI Clerk notification 2021.
Since the job is permanent, benefits like provident fund and pension are also provided to the employees.
|SBI PO Salary||IBPS Clerk Salary|
|IBPS RRB Salary||RBI Assistant Salary|
|LIC AAO Salary||RBI Grade B Salary|
SBI Clerk Salary – Allowances & Benefits
The SBI Clerk salary is not just limited to the pay scale. Various other perks and allowances are provided to the employee, which makes is a major reason for attraction for aspirants across the country.
Apart from these, there are other allowances :
- Dearness Allowance
- Medical insurance
- House Rent Allowance
- Furniture Allowance
- City Allowance
- Basic Necessities – Newspaper, Cleansing, Petrol, etc
The allowances or benefits provided to the employees differ based on the city in which the employee is located.
For details on other bank salary range, refer to the linked article.
SBI Clerk Job Profile & Career Growth
In terms of job profile, SBI Clerk is a profile with various responsibilities. Given below is a set of duties that need to be fulfilled by a Clerk in SBI:
- Dealing with customers
- Handling cash counters
- Helping customers with passbook update, checkbooks and other works
- Assisting the managers
- Assisting customers in getting loans and get their documentation done
- Opening and closing of accounts
Various opportunities are given to an SBI Clerk to get promoted at higher posts. There are internal exams and Interviews which are conducted at regular intervals where employees can apply for promotions.
Aspirants can check the salary structure for the Probationary Officer post for both Private and Public Sector Banks at the Bank PO Salary page.
SBI Clerk salary also keeps increasing as an employee prospers in the Organisation and continues to get promoted to higher posts.
Given below are the pay scale and salary details for other Government posts:
The SBI Clerk or the Junior Associate exam is one of the most sought-after ones. It is tough to crack, and the competition is also very high.
Also, candidates can check the SBI Clerk prelims exam analysis to know more about the exam pattern and level of examination.
SBI Clerk has immense growth opportunities, and they can reach as high as General Manager. However, based on the posts, there will be certain eligibility criteria that need to be fulfilled. Also, aspirants will have to appear for the necessary exams and/or interviews.
A job as a Junior Associate in the State Bank of India comes with a lot of responsibilities as well. But in terms of career growth, an employee gets various chances to get promotions and grow within the Bank.
Along with flexible hours, financial security, and a likely job prospect, an SBI Clerk also have stability in life in terms of career growth.
To know more about the job profile and exam information regarding other Bank Clerk exams, candidates can visit the linked article.
There are other government exams that also have an exceptional designation, career, and salary.
Aspirants applying for the post of IAS officer can check the IAS salary at the linked article.
|SBI Clerk Admit Card||SBI Clerk Cut Off|
|SBI Clerk Syllabus||SBI Clerk Eligibility|
|SBI Clerk Result||SBI Clerk Syllabus|