SBI Clerk Salary 2020
Updated on Jan 15, 2020 - 11:48 a.m. IST by Shristi Kirti
#SBI Clerk

SBI Clerk Salary 2020 - State Bank of India (SBI) has mentioned SBI Clerk 2020 salary in its official website which has been released on January 2 in the form of PDF at sbi.co.in/web/careers. Candidates appearing for the recruitment exam must go through the salary of SBI Clerk to know how they will be paid after being recruited. As per the conducting authority, the SBI Clerk salary scale comprises of basic salary plus two advance increments admissible to the graduates. Along with SBI Clerk salary 2020, various other allowances including Dearness allowance, Travel allowances, House Rent Allowances, City Compensatory Allowances etc will be given. However, as per the SBI Clerk 2020 salary scale, the allowances may vary depending upon the place of posting. Thus, all candidates qualifying as SBI Clerk will be given a salary scale of Rs.11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230-1310/1-31450. To know more about SBI Clerk salary 2020, go through the article below.
Latest: SBI Clerk Application Form 2020 has been released on January 3 in online mode

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SBI Clerk exam is conducted in two stages - prelims and mains. Candidates who are shortlisted in the final merit list will be recruited at any of the SBI branches in the Clerical cadre. SBI Clerk 2020 prelims exam is to be held in February/March while the mains exam is scheduled to be conducted on April 19.

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What is the in-hand SBI Clerk Salary 2020?

The total salary which a Clerk gets after deductions and inclusion of allowances is called an in-hand salary. A Junior Associate/Clerk at SBI gets a salary of Rs. 21000 to Rs.23000 after all the deductions and inclusive of dearness allowance (D.A.), special allowance, and transport allowance.

SBI Clerk Basic Pay

The basic pay means the amount which is to be paid to the employee excluding the allowances

SBI Clerk Salary Allowances

Along with the basic pay, the candidates will be given various other allowance

  • Dearness Allowance (DA) - The DA also increases from time to time based on the Consumer Price Index.

  • House Rent Allowance (HRA) - The HRA depends on the candidate's posting city. If he/she has been posted in a metro city, the SBI Clerk will be paid higher HRA as compared to those who are working in non-metro cities.

  • Transport Allowance

  • Special Allowance

Apart from the above, SBI Clerk 2020 Salary also includes Furniture Allowance, House Maintenance Allowance, Books & Magazine Allowance, Reimbursement of telephone bills etc. Thus the total salary of SBI Clerk will be the sum total of basic pay and allowances.

SBI Clerk Salary 2020 Scale

Particulars

Amount

Basic Pay

Rs.11,765

DA

Rs.5311.58

CCA

Rs. 0

Transport Allowance

Rs.425

HRA

Rs.1176.5

Gross with HRA

Rs.19589.87


SBI Clerk 2020 Salary Increment

The table below has the details of SBI Clerk salary increment. All candidates must check:

Basic Pay Scale

Amount

Initial basic pay

Rs. 11,765

Annual Increment

Rs. 655

After 3 years

Increase to Rs. 13,730

After another 3 years

Rs. 16,715

After another 4 years

Rs. 20,095

After another 7 years

Rs. 28,110

Maximum salary

Rs. 31,450

A sample image of SBI Clerk Salary Slip (2017)

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SBI Clerk Salary 2020 – Additional Benefits

Apart from SBI Clerk Salary, the employees are entitled the following benefits:

  • Contributory Provident Fund

  • Medical Benefits

  • Home Travel Concession

  • Leave Fare Concession

  • Concessional rate of interest for loans

  • Two-years of sabbatical to women employees

  • Lease Facility

SBI Clerk 2020 Job Profile: Roles And Responsibilities

Candidates appearing for the exam must know the roles and responsibilities of SBI Clerk. BY knowing the SBI Clerk job profile, candidates will understand what work they will have to do after their recruitment. To know details about the roles and responsibility of SBI Clerk/Junior Associates, go through the points mentioned below.

  • The SBI Clerk post is an entry-level position

  • Candidates have to serve a probation period of 6 months.

  • As a SBI Clerk/Junior Associates, candidates have to deal with the queries of the customers.

  • The employees as Junior Associates have to see the accounts, cheque-books etc. of the clients.

  • Take care of deposit counters related to cash withdrawal.

SBI Clerk Promotions And Growth Opportunities

  • In order to promote the employees at higher posts, SBI conducts internal written exams.

  • After completing 3 years as SBI Clerk with a Certificate Association of the Indian Institute of Banking (CAIIB) or if they complete 4 years experience with Junior Associate of the Indian Institute of Banking Certification (JAIIB), they become eligible for promotion as Trainee Officer.

  • After completing 6 years service as SBI Clerk, the candidates can give internal written examination for promotion.

  • If promoted, the probation period lasts for 2 years for an SBI PO. They will then hold a rank of Junior Management Grade Scale-I or JMGS-I.

  • After the completion of 2 years as PO, the person will become Middle Management Grade Scale-II.

Frequently Asked Question (FAQs) - SBI Clerk Salary 2020

Question: Does SBI offer medical facility to the employees in salary benefits?

Answer:

Yes, SBI provides medical facilities to employees as per SBI Clerk Salary 2020.

Question: What is the probation period for SBI Clerk?

Answer:

The newly appointed Junior Associates/Clerk will have to undergo a six months probation period.

Question: When will the SBI Clerk application form be released?

Answer:

SBI Clerk application form 2020 has been released on January 3 in online mode at SBI’s Official website.

More like SBI Clerk

Questions related to SBI Clerk

Showing 136 out of 136 Questions
4 Views

tamil nadu vacancy for exservice man cut off sbi clerk , preliminary and main exam 2019 and 2020

Sanjay Khandelwal 14th Feb, 2020
Hello sir
The cut off of 2019 SBI clerk for preliminary examination was 61.25 that was for UR, ex servicemen's data is not available for 2019, for 2018  the state cut off for ex servicemen's in preliminary exam was 32.25 and in mains examination was 60.25 for Tamil Nadu . I will try to get 2019 data from other sources for ex servicemen's.
7 Views

sir Exserviceman cut off mark for sbi clerk exampreliminary and main exam on 2019 and 2020

Sanjay Khandelwal 14th Feb, 2020
Sir can you tell me in which state you are applying or applied. Because cut off for preliminary exam of SBI clerk is based on state wise and also please mention the state you have chosen according to that I will be able to provide you the details. For example servicemen's in 2018 it was 60.15.
9 Views

how to prepare for the sbi clerk? nd I dont have enough time? plzz suggest me?

Swati Umang 9th Feb, 2020

Hello! Hope you are doing good.

In order to clear any exam, the most important part is clearing the current affairs apart. So, revise as much current affairs as you can.

Also, at this point of time you should start giving mock tests or previous year's appears. This will help in trying to figure out the places where you lack.

Time management is the key in competitive exams so make sure to start giving previous year's test papers. Don't think about whether or not you know the topics or have revised. Everything will be good, once you strt giving test.

All the best

14 Views

i appeared for the cat but my overall percentile was not so gud..so i m planning for the feb mat nd mah cet.but i have also applied for the sbi clerk..so what should i do? should i preparing for the sbi clerk nd give up mat preparation? plzz suggest me?

Sampriti Student Expert 3rd Feb, 2020
You should appear for MAT and MAH CET. Just get some idea about what kind of questions are asked. If you score really well you can get a decent college which can build your career. But at the same time if you're thinking about SBI clerk then you must keep it also as an option. If you get through the interview you can definitely join and prepare for CAT alongside. It's always better to keep more options to choose from. There's not very much difference between the syllabus of SBI clerk and MAT/MAH CET. Only the banking awareness section of SBI is a little different but is easier to deal with. So you must appear for all the exams.

Good Luck
9 Views

if i appear for SBI CLERK and get selected then can i appear for the subsequent SBI PO exam or is there any kind of restriction?

hrithik jain 1st Feb, 2020

Hello,

Yes, you can appear for SBI PO exam as well if you get selected as clerk. What you have to do first is to take permission from the bank and resign from the post of clerk. Also, you can appear for higher post in any bank other than SBI, the only thing required id to get permission from the bank. Do not forget to inform the bank in advance before applying for the vacancy.

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