SBI Clerk Salary 2023
For candidates preparing for banking exams, working in one of the largest public sector banks in India is like achieving their dream job. State Bank of India is the largest public sector bank in India which is offering an attractive job offer to the newly recruited candidates to join as SBI Clerk/Junior Associate in its branches spread across the country. Offers salary package. SBI offers a good payroll with better promotional aspects and social respect than any other organization in the banking sector. In this article, we have discussed SBI Clerk Salary 2023 (SBI Clerk Salary 2023) All the information related to it is provided like pay scale, job profile and promotion etc.
SBI Clerk Salary, Job Profile, Pay Scale
State Bank of India every year to operate in various branches all over the country SBI Clerk/Junior Associate Recruits candidates for the post of. Banking aspirants should have complete knowledge of SBI Clerk Salary, Pay Scale, Job Profile and Career Growth. The in-hand salary depends on where the candidate is posted, urban or rural. Newly selected Junior Associates will be on probation for a minimum period of 6 months. Candidates should read the given post to know in detail about SBI Clerk Salary, Perks and Perks.
SBI Clerk Salary: Overview
Here, we have given complete details about SBI Clerk Salary Structure 2023. The table contains all the important points about SBI Clerk Salary 2023.
SBI Clerk Salary 2023: Overview | |
organization | State Bank Of India |
Exam Name | SBI Clerk Exam 2023 |
Posts | Junior Associates |
vacancy | To Be Notified |
Categories | Bank Jobs |
Selection Process | Prelims, Mains |
Application Mode | Online |
Job Location | All India |
Language Of Exam | English and Hindi |
Official Website | www.sbi.co.in |
SBI Clerk Salary 2023 Pay Scale
The candidate appointed to the post of Junior Associate gets salary on the given pay scale. Rs.17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920, The starting basic pay is Rs 19900/- (with two advance increments of Rs 17900/- admissible for graduates).
SBI Clerk Salary 2023 Salary Structure
Net SBI Clerk Salary completely depends on the place of posting. As mentioned in the previous year notification PDF, in a metro city like Mumbai, the total starting emoluments of a clerical cadre employee will be around Rs 29,000 per month including DA and other allowances at the current rate and two additional allowances for newly appointed graduate junior associates. Salary will increase.
SBI Clerk Salary: Latest Salary Slip
The latest salary slip of SBI Clerk for the month of August 2022 is given below. For complete details candidates can check SBI Clerk Latest Salary slip-
SBI Clerk Salary 2023 Perks & Allowances
The allowances provided to Junior Associates may vary depending on their place of posting. They will have the opportunity to get reimbursement for various benefits and perks like provident fund, pension under the New Pension Scheme (Defined Contribution Benefit), medical benefits, leave-fare and other facilities. These reimbursements and facilities will be provided as per the instructions issued by the Bank from time to time.
Conveyance Allowance
The table given below gives the details of monthly reimbursement for conveyance allowance given to a candidate appointed to the post of junior associate.
SBI Clerk Salary 2023: Conveyance Allowance | |||
Reimbursement Per Month | |||
Category of Employees | Maintaining two or Four Wheelers (Petrol in liters) | Not Maintaining Vehicles (Amount in Rs) | Entertainment Expenses (Amount in Rs) |
Chief Associate (Working as cash-in-charge) | 43 | 900 | 1140 |
Chief Associate | 43 | 900 | 600 |
Special Associate | 35 | 850 | 540 |
Senior Associate | 25 | 700 | 420 |
Associates/Junior Associates | 20 | 625 | 360 |
Provision Of Newspapers
The category wise amount for provision of newspapers to SBI Junior Associate is mentioned in the table below.
Category of Staff | Rupees Per Month |
Chief Associates | 530 |
Special Associates working as cash-in-charge/ATM/Locker-in-charge/Members of outbond sales force | 530 |
Other chief associates/special associates/senior associates/associates/junior associates | 450 |
Subordinate Staff | 350 |
Medical Facilities
The medical benefits available to SBI Clerk are as follows:
- Annual Medical Aid: In this, employees are eligible for annual medical aid benefit.
- Improved Medical Aid (Specified Serious Disease): Better medical aid coverage is provided for specifically specified critical illnesses.
- Hospitalization Scheme: A scheme to cover hospitalization expenses.
- Other Medical Benefits: Additional medical benefits include coverage for vaccinations.
SBI Clerk Salary 2023: Job Profile
Junior Associates in State Bank of India manage various day-to-day banking operations. Along with SBI Clerk Salary, candidates should also be familiar with the job profile.
- Handling cash transactions (cash counters)
- Dealing with customers and solving their problems
- Assisting customers with paperwork
- Responsible for opening bank accounts
- Performing RTGS/NEFT related transactions
- Handling check book requests
- Issuance of demand draft
SBI Clerk Salary 2023: Career Growth
State Bank of India offers an excellent career growth to all its employees. If a candidate joins SBI at a young age then he can reach the level of General Manager. There are mainly two ways for an SBI clerk to get promotion –
- In-cadre promotion- Employees get the opportunity to get promotion within their existing cadre or post based on their performance, experience and eligibility criteria.
- Promotion to office cadre – Employees can also be promoted to higher cadres such as officer posts through a structured promotion process that considers their skills, qualifications and performance.
SBI Clerk In-Cadre Promotion
In-cadre promotion is based on home posting and is a time bound promotion
- Employees are given a special allowance of Rs 1800 per month in addition to the total salary and when the associate completes 10 years of service, the associate is promoted to the post of senior associate. This allowance is not included in the calculation of basic pay.
- After twenty years of service the associate will become a special associate. Here a special allowance of Rs 2500 is given every month. After reaching this level, allowances are considered for calculating the basic pay.
- An associate will become a chief associate after completing 30 years of service. After reaching this level, a special allowance of Rs 3500 is paid and this amount is considered for calculating the basic pay.
SBI Clerk Promotion To Officer Cadre
- After completing three years of service an associate trainee becomes an officer. To become an officer, candidates are required to qualify the JAIIB and CAIIB examinations conducted by the Indian Institute of Banking and Finance. Candidates will also have to clear internal written examination and interview. After qualifying the written examination, a probation period of two years is required and after that the candidates appear for interview. Candidates successful in the interview will be included in Middle Management Grade (Scale-2). The rest are kept in clerical cadre