• Sun. Nov 29th, 2020
sbi clerk salary

Good evening aspirants, Today we are with a special post on all aspects of SBI clerk post including salary, promotion rules, perks, posting etc. Hope you find this informative and helpful.Chief mentor has cracked both SBI PO & SBI CLERK 2016 and finally joined SBI as PO.

Name of the organisation: State Bank of India


Post : Clerk

Grade or scale : Award staff as per bipartite settlement and Sastry award provisions.

As we all know that every year State bank of India  releases notification for clerical cadre posts in different circle with clause of regional language proficiency either in matric Standard or as per language proficiency test.

All selected candidates will be on probation of 6 months as Junior Associate ( On probation) and later they will be absorbed as Junior Associate.

 

Basic salary :


Rs.11765 /655*3/13730 /815*3/ 16175 /980*4 /20095 /1145*7 /28110 /2120 *1/30230 /1310 *1/31540 (20 years) 1310*8 42020

Note: As mandatory education qualification is graduate so all candidates are recruited on pay scale of Rs. 13075 with 2 increment on starting pay scale of cadre.

 

Allowances :


All allowances are payable as per 10th Bipartite settlement.

Dearness Allowance : 77.5%
Special Pay : 7.75% of Basic + DA thereon
Transport Allowance : Rs. 425
HRA : 10/9/7.5% as per population of posting location.
Special Pay : Rs. 330 + DA thereon(Rs. 820 for other bank recruited clerical working as SWO only.)

Conditional : Officiating allowance : Only when you are officiating on higher substantive cadre as per bank assigned capability level in CBS and exigencies of service like special assistant or cash in charge.

Payable on pro rata basis.

Statutory deductions :


NPS : 10% of( basic + DA)
Contributry Provident fund : 10% of basic after 6 month of probation and same amount will be credited by Bank’s side.
Income tax : If applicable.

Non statutory deductions :


Union fees, festival advance installment, rent recovery in case of staff quarter allocation, other EMI deduction.

Other allowances :


Petrol/conveyance allowance : 20 litre for high octane petrol.

Newspaper : Rs. 360

Entertainment : Rs. 360

Approx value  of allowances : Rs. 2420

Gross salary : Rs.27000/-(Approx. For HRA -10%)

 

Net Salary : Rs. 23000/-(Approx)

 

Promotion :


1.As a Trainee officer : This post is equivalent to probationary officer post as they will get 4 additional increments in JMGS 1 scale basic pay and they will be on probation of 2 years with same training schedule of PO and after 2 years of probation will be eligible for direct scale 2 promotion upon confirmation.

Eligibility : 4 years with JAIIB or 3 years with CAIIB (for both General as well as SC/ST employees).

2. Merit channel : After 6 year of service in  JMGS 1 grade with basic pay of Rs. 23700.

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