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SBI Clerk Salary 2022: The salary structure, allowances and benefits are essential details to learn before applying for a post. So, the aspirants are advised to read the info regarding SBI Clerk Salary 2022 given in this article before submitting their application. Candidates who are interested in SBI Clerk recruitment 2022 should read this article to learn more about the revised in-hand salary, job profile, allowances and benefits. The SBI revised salary package is very good when compared to other entry-level jobs with the same profile in the banking sector. SBI clerk recruitment is one of the most anticipated recruitment for banking job aspirants in India. This is because the position of SBI Clerk comes with certain additional perks and benefits. Understanding more about these details will give you an idea about whether this job is suiting to your expectations when it comes to the remuneration. Besides the wonderful salary package, SBI Clerk also offers a wonderful career with lots of opportunities for growth and promotions once the candidate manages to complete their 6-month probation successfully. Read on to find more details.
SBI Clerk 2022 Salary Structure
An SBI Clerk’s revised initial salary package ranges from Rs. 26,000/- to Rs. 29,000/- per month, including Dearness Allowance (DA). The pay scale for SBI Clerks is Rs.17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. In a metro city like Mumbai, the starting salary package for an SBI Clerk has been revised to Rs 29000/- per month, which includes the Dearness Allowance (D.A) and other allowances. A candidate’s starting basic salary will be Rs 17900/- with a year-on-year increment of Rs 1000/- with the basic pay, while the max basic salary of an SBI Clerk will be Rs 47920/-. Previously, the starting basic pay for graduates was Rs.13075/- (Rs11765/- plus two advance increments). The pay scale for SBI Clerks will be provided in accordance with the SBI Clerk Notification. The option of yearly increment is also fixed. The following are the increments:
Revised and Updated SBI Clerk Salary in India
|Revised Basic Pay||Salary||Amount in INR|
|Initial||Rs.19,900/- (Rs. 17,900 with two advance raises)|
|After 1st Increment||Rs. 20,900/-|
|After 2nd Increment||Rs. 24,590/-|
|After 3rd Increment||Rs. 30,550/-|
|After 4th Increment||Rs. 42,600/-|
|After 5th Increment||Rs 45,930/-|
|After 6th Increment||Rs 47,920/-|
|Dearness Allowance (DA)||Depends on the Consumer Price Index|
|House/ Accommodation allowance||Entirely dependent on the place of posting|
In hand Salary
The candidates who wish to participate in SBI Clerk 2022 recruitment eagerly anticipate the effects of the 7th pay commission on the salary package of the post of SBI Clerk. Inhand, salary refers to the amount an employee receives after all the deductions. It is clearly stated by the authorities that this varies depending upon the location of their posting. Employees posted in big cities like Mumbai, Delhi and Kolkata will surely receive a higher amount when compared to others. According to the revised salary structure, a Clerk or junior associate in SBI will be paid approximately Rs. 29,000/- (in-hand) plus DA (for a metro city like Mumbai). The revised in-hand SBI Clerk Salary typically ranges between Rs. 26,000/- and Rs. 29,000/-, depending on the location of the posting.
Candidates need to be aware of the specifics of the SBI clerk salary slip following the 11th bipartite settlement. So, we are providing you here a detailed explanation of the SBI Clerk salary slip for 2022 for your benefit. Basic pay and allowances make up the bulk of the SBI clerk’s salary in 2022. The gross salary is obtained by adding the basic pay to the SBI Clerk benefits and allowances. Check out the table given below for a better understanding of the SBI Clerk 2022 salary slip.
|Particulars of SBI Clerk Salary Slip 2022||SBI Clerk Salary Slip 2022 – Amount (Approx.)|
|SBI Clerk Salary 2022 Basic Pay||Rs.19900/- (Rs.17900/- plus two advance increments admissible to graduates).|
|Dearness Allowance (DA)||Rs.6352 (26%)|
|Transport Allowance (TA)||Rs.600|
|House Rent Allowance (HRA)||Rs.2091|
|Gross SBI Clerk Salary 2022||Rs.32000 (Approximate)|
|Net SBI Clerk Salary in hand 2022||Rs.29200 (Approximate)|
SBI Clerk 2022 Allowances
The additional perks and benefits are a bonus to the already appealing job profile salary package of SBI clerks. As per the instructions of the Bank, as may be issued from time to time, SBI employees will be eligible for reimbursement of various perquisites, provident fund, pension under the New Pension Scheme (Defined Contribution Benefit), medical leave-fare and other features. Some other perks of the SBI Clerks are job stability and financial security. The allowances that come with the handsome salary package of the SBI Clerk are listed below.
- City Allowance
- House Rent Allowance
- Furniture Allowance
- House Maintenance Allowance
- Reimbursement of phone and telephone bills
- Special Allowance
- Dearness Allowance
- Newspaper Allowance
- Furniture Allowance
- Transport Allowance
- Medical Allowance
- Magazine and Books Allowance
SBI Clerk 2022 Promotions
A candidate will have to go through a six-month probationary period before they are made permanent employees. Junior Associates who have just been hired will need to finish the bank’s required e-lessons during their probationary period in order to be confirmed in the bank; otherwise, their probation will be extended until they do so. Additionally, the performance of recently hired employees will be assessed before the probationary period is up, and those applicants who fall short of the bank’s standards will need to retake the entire course. This is because SBI Clerk work is very important and requires careful execution. Once you complete the probation, a wonderful world of opportunities, career growths, salary increments and promotions are waiting for you.
Working as an SBI Clerk is flexible and provides a lot of opportunities. You will have many opportunities to advance your position once you work as an SBI clerk. To be eligible for promotion to Officer, all applicants who wish to move from the position of Clerk to that of Officer must apply for the promotion test, show up for the exam and they also have to complete at least two years of service to be considered for promotion. There are three different types of promotions for SBI Clerks:
|No.||Type of Promotion||Description|
|1||In-Cadre Promotions for SBI Clerk||· In addition to the base salary, a special allowance of Rs 1800 is given. The assistant advances to Senior Assistant after serving for ten years. (This Allowance is not taken into account when determining the basic pay.)
· After twenty years of service, an assistant will be promoted to the higher job position named Special Assistant. There is a special allowance of Rs. 2500/- for this position (This Allowance is taken into account for the calculation of basic pay).
· After thirty years of service, an assistant becomes a Senior Special Assistant. There is a special allowance of Rs. 3500/- for this position (This Allowance is taken into account for the calculation of basic pay).
|2||Promotions of SBI Clerk to the position of Officer Cadre to Trainee officer||After passing a written exam and interview, a candidate who has served as a clerk for three years can advance to the position of trainee officer. For the first two years of their appointment as Trainee Officers, such clerks are kept on probation. The trainee officer will either be hired into the Middle Management Grade Scale-II (MMGS-II) cadre or demoted back to the clerical cadre depending on performance after the probationary period.|
|3||Direct promotion to JMGS-I||A clerk can become a Junior Manager Grade Scale (JMGS-I) officer after completing a written test and interview and a six years long service under a fast track promotion channel, or after completing a twelve years long service under a normal promotion channel. Age restrictions do apply to this promotion.|
All essential details coming under the topic of SBI Clerk Salary 2022: The salary structure, allowances and benefits are discussed in this article. Download the Entri app to help you prepare for and score high marks in the bank recruitment exams of 2022.