SBI Clerk Salary Structure

More than 9000 SBI Clerk Junior Associates jobs are advertised!  To become Junior Associates (Customer Support & Sales), you must be familiar with SBI Clerk Salary Structure (UPDATED) after 7th Pay Commission. So, ensure Monthly pay amount along with other allowances.

SBI Clerk Exam in June 2019:

SBI Clerk Recruitment is considered to be the most prestigious jobs in the clerical cadre. This year, lakhs of individuals will sit in SBI Clerk Prelims Exam to be organizing in June 2019 with motto of recruited in State Bank of India.

How much increment has been made in SBI Clerk Salary after the 7th Pay Commission?

After implementation of 07th Pay Commission, Approx 20% – 30% growth will be expected in SBI Clerk Salary Per Month. So, get complete and updated information about SBI Clerk Monthly Salary such as Dearness Allowance and House Rent Allowance etc from here.

For more details like SBI Clerk Salary Structure after 7th Pay, How Govt’s salary, appraisal system works then you need to scroll down this page which is created by team of www.recruitmentinboxx.com

SBI Clerk Salary Structure

SBI Clerk Salary After 7th Pay Commission:

SBI Clerk Emoluments:

• The total starting emoluments of a Clerical Cadre employee payable at Metro like Mumbai will be around `25,000/- per month inclusive of D.A., other allowances at the current rate and two additional increments for newly recruited graduate junior associates.
• So, State Bank of India Clerk Salary After 7th Pay Commission is quite lucrative.

Press Here For SBI Clerk Exam Date 2019

State Bank of India Clerk Monthly Salary Structure 2019:

State Bank of India (SBI) is the largest public sector bank in India. It offers amount of Rs. 13075.00 as basic pay to clerk. Moreover, Clerk is one of the most demanding entry-level jobs in India.

SBI Clerk Salary 2019:

You Can Also Check: SBI Salary In Hand

SBI Clerk Perks and Allowances

To selected applicants for SBI Clerk Jobs, State Bank Of Indian offered variousallowances. Following allowances vary according to the posts and location of the job as listed below:

• Dearness Allowance (DA)
• House Rent Allowance (HRA)
• Furniture Allowance
• House Maintenance Allowance
• Books & Magazine Allowance,
• Briefcase Allowance
• Reimbursement of Telephone Bills etc.

Read Also: How To Negotiate Salary With HR

Short Description Of Perks and Allowances provided to SBI Clerk

Following SBI Clerk Allowances are the part of SBI Clerk salary package which is fixed to meet the requirements for cost of living of the employee. Take a look..

• DA (Dearness Allowance): Currently, Dearness Allowance is 109% of basic pay but it may vary according to the location of the selected applicants for SBI Clerk Recruitment.
• HRA (House Rent Allowance): It is given to only those employees, who have not their homes or housing facility at their location of working. There is a standard of providing 10% HRA of Basic pay and persons owning their own house are exempted from these benefits.
• Housing Facility: State Bank of India provides fully facilitated homes on lease to their employees at their location of working. It can be known as accommodation services or lease rental facility.
• Leave policy: The leave policy of State Bank of India is very attractive. It provides 33 days privilege leave and 12 days casual leaves to personnel. The pregnant women have the advantage to remain on leave for 2 years.
• Travel policy: SBI also offers its employees the travel opportunity along with guest houses, holiday homes as a complete package; these clerks are offered to travel major cities or tourist places in India itself.
• Medical advantage: 100% medical benefits are offered to working employees. Not this only, their family is also provided the advantage of 75% medical reimbursement in case of any injury, sickness, or hospitalization.
• Reliable interest rates: Selected employees have the advantage on behalf of State Bank of India to take over any large asset like Car, home or any kind of loan at very reasonable interest rates.

Must Check, Post Wise: Bank Salary Structure

Attention:

• Single parent or aged parents can also take sabbatical leave for 2 years. These maternal or paternal leave is exclusive to casual and privilege leaves respectively.
• If the employee wishes to not take privilege leaves then, in that case, he/she can convert their number of leaves in cash.

SBI Clerk Salary Structure after 7th Pay Commission

As we said earlier that, After the implementation of 7th Pay Commission, the bank has made a great enhancement in the State Bank of India Clerk Salary Structure. So, check SBI Clerk Salary after pay revision in tabular format from here.

Benefits Offered to Clerks:

Despite of knowing State Bank of India Clerk Pay Amount, you must check benefits offered to clerk.

• Stability
• Financial security
• Good work environment
• Pension under New Pension Scheme (NPS)
• Flexible working hours
• Medical insurance
• Provident Fund, etc.

Do You Know: How to Calculate TDS on Salary

SBI Clerk Career Growth and Promotion Structure

Promotions in State Bank of India may be in-cadre (on the clerical level itself) or to the officer cadre.For Career Growth and Promotion to the officer cadre, the employees need to meet certain requirements, which vary as per the promotion cadre.

For example, promotion to Trainee Officers, contenders are eligible to appear for the written exam and interview after 3 years of service.As advancement promotion process of SBI, workers may reach as high as the post of General Manager.

Post Wise SBI Clerk Salary Structure

Know Here: Why Wait For Increments? These Are Top 10 Ways To Increase Salary

Also Check, Difference between SBI Clerk and other Bank Clerks

The basic difference between the SBI Clerk and other Bank Clerksare only of Rs 2000/- . Means That, State Bank Of India provides Rs. 2000/- more remuneration to its employees apart from other common allowances and perks.

In additionto that, it offers the clerks some extra reimbursements like the scholarship to children of the employees, telephone bill benefits, extra work benefits and all. So, check updated SBI Clerk Salary Structure 2019 through this article.

Final Note:

Hope! Our Visitors are satisfied with above provided information about SBI Clerk Salary Structure, by the team of www.recruitmentinboxx.com. Follow us on Facebook or twitter for receiving instant updates on your time line wall. If you have any query, you may ask in comment box that is given below. Thank you…

You May Also Like To Check This Section