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SBI Clerk Salary 2023: SBI provides a handsome pay scale for its SBI Junior Associates at the entry-level with various perks. Therefore, in comparison to other banks, SBI provides a better basic salary. The total starting emoluments of a Clerical Cadre employee payable at Metro like Mumbai will be around Rs.29,000/- per month inclusive of D.A., other allowances at the current rate and two additional increments for newly recruited graduate junior associates.
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The Details of the Basic Pay Scale component of SBI Clerk Salary 2023 are as follows;
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/- (Rs.17900/- plus two advance increments admissible to graduates).
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Let us note down the details of the above-given payscale;
Head | Compensation |
---|---|
Clerk Basic Salary | Rs.19900/- (Rs 17,900 + two advance increments given to graduates) Salary after 1st Increment- Rs. 20900/- Salary after 2nd Increment-Rs. 24590/- Salary after 3rd Increment- Rs. 30550/- Salary after 4th Increment- Rs. 42600/- Salary after 5th increment- Rs 45930/- Salary after 6th increment- Rs 47920/- |
Dearness Allowance | Based on the Consumer Price Index |
House Accommodation | Depends on the place of posting. |
The SBI Clerk In-hand salary received per month is a sum of Basic Pay and other salary components like – House Rent Allowance(HRA), Variable Pay, Dearness Allowances (DA), City Compensatory Allowance (CCA), etc.
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A person joining as an SBI Clerk will have many perquisites, the SBI Clerk Salary comes with some added benefits in the form of allowances such as-
In SBI an individual working in the Clerk Cadre has some additional benefits in addition to the Basic Pay of the SBI Clerk Salary 2023 which they received. Given below are the additional benefits or perks of working as an SBI CLERK;
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An SBI Clerk (Junior Associate) is eligible for promotion up to 3 times: once when they have completed 10 years of service, once more when they have completed 20 years of service, and finally, when they have completed 30 years of service.
Each promotion results in some increments to the allowances provided to them. At SBI, In-cadre promotions are purely on basis of seniority.
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Should an SBI Clerk really have the determination to make it to the Officer cadre, then SBI provides them with fair opportunities to do so. There are two main ways through which an SBI Clerk can make it to the Officer cadre:
The Fast Track Promotion Channel is applicable when an SBI Clerk becomes eligible to take the Officer Promotion examination after only 3 years of service. For them to be eligible after only 3 years of service, they must clear the 2 banking examinations (as in, secure passing marks in them):
If they clear only JAIIB, they will be eligible after 4 years of service; if they clear both JAIIB and CAIIB exams, they will be eligible after 3 years of service. Now if they do not clear even JAIIB, they will be eligible to take the normal track promotion channel.
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Keep the following aspects in mind about the career path of SBI Clerk.
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Many individuals worry about Job Postings away from their Home town or at any distant branch. The following points pertain to the SBI Clerk Posting and Transfer-
The official notification for the SBI Clerk exam has been released on SBI's official website on 6th September 2022.
SBI Clerk Prelims exam 2022 will be held 12th, 19th, 20th and 25th November 2022.
SBI Clerk Mains exam 2022 will be tentatively held in January 2023.
SBI has revised the pay scale for the clerk position and the latest pay scale is Rs. 17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920.
SBI Clerk Online Test series contains 30 full length SBI Clerk Mock Tests for Prelims & Mains. Practicing the SBI Clerk Test series would put you on the right path to crack the SBI Clerk Examination in your first Attempt.
SBI has released 5008 vacancies for SBI Clerk (Junior Associates) 2022.
The online registration process for SBI Clerk 2022 will begin on 7th September and will continue till 27th of September 2022.
SBI Clerk Prelims 2022 contains 100 questions worth 100 marks.
The admit card for SBO Clerk Prelims 2022 will be available from 29th of October 2022 onwards (tentative).
The time limit of the exam is 1 hour with a sectional time limit of 20 minutes.
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