SBI Clerk Salary 2021: In Hand Salary | Allowances | Job Profile

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SBI Clerk Salary 2021: The State Bank of India (SBI) is release the SBI Clerk Recruitment  on the official website. SBI is considered to be the most secure and prestigious job that not only provides financial security but also social status in society. Candidates Preparing for the exam must be inquisitive to know about SBI Clerk Salary. Therefore, candidates can check the salary structure and other benefits offered by SBI.

SBI Clerk In Hand Salary 2021

Candidates who are selected as in the SBI Clerk exam would be appointed as Junior Associate in the SBI Bank. The starting basic pay for Junior Associate SBI Salary is Rs.13,075. After the 6th increment, the in-hand SBI Salary would be around Rs.20,000 to Rs.22,000. The Salary of Clerk in SBI varies based on the city they have been posted.

SBI Clerk Salary Pay Scale 2021

The SBI Clerk salary pay scale will be 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110- 2120/1- 30230-1310/1-31450. This means an SBI Clerk (Junior Associate) will get a starting pay of Rs. 11,765/- with an annual increment of Rs 655/- i.e 13075.

The total starting emoluments of Clerical Cadre employee payable at Metro city like Mumbai will be Rs. 26,000 per inclusive of DA and other allowances at the current rate and two additional increments of newly recruited graduate junior associates. Allowances may vary depending on the city of posting.

Increments Salary
Basic Junior Associate SBI Salary Rs.13075/-
Junior Associate Salary after 1st Increment Rs.13730/-
Junior Associate Salary after 2nd Increment Rs. 16175/-
Junior Associate Salary after 3rd Increment Rs. 20095/-
Junior Associate Salary after 4th Increment Rs. 28110/-
Junior Associate Salary after 5th Increment Rs. 30230/-
Junior Associate Salary after 6th Increment Rs. 31450/-

Candidates can check the SBI Clerk pay scale as per SBI Clerk Official Notification 2019-2020 shown below:

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SBI Clerk Salary Allowances 2021

Apart from salary, SBI offers several perks and allowances for the employees. Check the allowances given below:

Dearness Allowance (DA) This component of SBI Clerk Salary is revised quarterly, i.e., 4 times a year, and is based on the Consumer Price Index (CPI). The DA increases when inflation is high and vice versa.
House Rent Allowance (HRA) The HRA depends on the city where the SBI Clerk has been posted. If it is a Metro city, the HRA will be higher. In the case of rural areas, the HRA would be comparatively lower.

The salary of SBI Clerk comprises different allowances like furniture allowance, telephone bills reimbursements, and many more. With all these allowances, the starting salary per month in a metro city like Mumbai becomes approximately Rs 26,000.

SBI Clerk Perks 2021

Apart from the SBI Clerk Salary, the SBI Junior Associates enjoys other sequential benefits such as:

  1. Stability,
  2. Financial security
  3. Flexible working hours
  4. Good work environment
  5. Pension under New Pension Scheme (NPS)
  6. Medical insurance
  7. Dearness Allowance
  8. House Rent Allowance
  9. Furniture Allowance
  10. City Allowance
  11. Travel Allowance
  12. Provident Fund, and more.

SBI Clerk Job Profile 2021

  1. Dealing with customers and address their concerns.
  2. Handling cash counters
  3. Responsible for opening bank accounts, transactions related to RTGS/NEFT, issuing DDs, handling cheque book requests, transferring amounts through different payment modes, etc.
  4. Assisting Managers
  5. Assisting customers in documentation work

FAQS Regarding SBI Clerk Salary 2021

The frequently asked questions on SBI Clerk salary are given below:

Q. When will SBI Clerk 2021 Notification will release?
A. The SBI Clerk Notification 2021 will be released soon on the official website.
Q. What is the basic pay of SBI Clerk?
A. The basic pay of SBI Clerk is Rs. 13075
Q. What are the benefits given to SBI Clerk apart from salary?
A. Apart from salary, several other benefits such as Provident Fund, Pension, Medical leave fare, travel, newspaper, city, house rent allowance will be offered to the employees.
Q. What is the in-hand salary of the SBI Clerk?
A. The SBI Clerk salary in hand is Rs. 20,000 to Rs. 22,000.

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