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SBI Clerk Salary 2023 - Check Jr. Associate Revised Allowances Wage Details

Update on 14 Dec, 22

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SBI Clerk Salary 2023 - Check Jr. Associate Revised Allowances Wage Details

Details of SBI Bank Clerk Salary

Assessing the SBI Clerk wages to other entry-level job profiles in the financial sector is highly attractive. Due to the SBI Clerk Jobs and the perks and rewards that go along with it, it is one of the most desirable examinations in India.

Candidates who are chosen to work as SBI Clerks receive respectable pay and other benefits. To determine if they are a perfect fit for the position or not, candidates must be familiar with the SBI Clerk job profile.

The selected candidates will have a six-month SBI Clerk probationary period. The in-hand salary, job profile and responsibilities, benefits and allowances, salary slips, promotions, and career progression have all been covered in this essay.

SBI clerk salary details

The SBI Clerk (Junior Associate) base pay wage has been increased and is now Rs. 20,000/-, in addition to additional benefits and allowances, as per the official SBI Clerk Notification 2023. However, an SBI Clerk has a wide range of duties.

This article will include all pertinent information regarding the pay scale for the SBI Clerk or Jr. Associate position as well as the potential for future growth in that industry.

Every bank aspirant hopes to work in a field with lots of opportunities, and the SBI clerk gives those opportunities to aspirants. Along with a respectable career outlook.

SBI Clerk Salary Structure

The SBI Clerk's revised first salary package, which includes the Dearness Allowance, ranges from roughly Rs. 20,000 to Rs. 30,000 per month. The salary range for an SBI clerk is Rs.18900-1100/4-21000-1280/4-24600-1500/5-30700-1790/7-42700-3280/1-45980-2000/1-48000.

A city like Mumbai has altered the initial compensation package for an SBI Clerk to Rs. 30000/- per month, which includes the Dearness Allowance, other allowances, and benefits.

SBI Clerk Salary 2023
Particular Salary Structure
SBI Clerk Salary, Basic Pay INR 17,900 (Basic Pay)
Salary after 1st increment INR 20,900
Salary after 2nd increment INR 24,590
Salary after 3rd increment INR 30,560
Salary after 4th increment INR 42,600
Salary after 5th increment INR 45,930
Salary after 6th increment INR 47,920
Dearness Allowances (DA) INR. 6,234
House Accommodation (HA) INR 2,091
Transport Allowance (TA) INR 600
Special Allowance (SA) INR 3,263
Gross with HRA INR 32,088

A SBI Clerk or Jr. Associate’s initial basic wage will be Rs 18900 with an annual raise of Rs 1000, whereas the maximum basic salary for an SBI Clerk is Rs 48000.

The SBI Clerk 2023 wage structure is shown below. Both the HRA and DA for SBI Clerks vary; more specifically, the DA varies in accordance with the rate of inflation, whereas the HRA varies according to the SBI Clerk or Jr. Associate’s present job location. So the SBI Clerk Salary in India or SBI Jr. Associate salary in India is approx INR 20,000.

Revised SBI Clerk Salary in India - Basic Pay Rs.19,900/-
Dearness Allowance (DA) Based on the Consumer Price Index
House Accommodation (HA) Depends on the job location of Jr. Associate

SBI Jr. Associate Revised Allowances & Benefits

The pay structure is made not with one aspect but with various allowances and benefits of the SBI Clerk. A key attraction for applicants from all over the nation is the abundance of additional benefits and allowances offered to the SBI Jr. Associate.

Here are the following things in Revised Allowances & Benefits of SBI Jr. Associate or SBI Clerk:

  • Dearness Bonus
  • Medical security
  • Rent Aid
  • Transportation Allowance
  • Furniture compensation
  • Location Allowance
  • Newspaper Allowance
  • Provident fund benefits

FAQs

Q1. What other allowances and benefits are offered to SBI Clerks?

Ans. Besides from the good pay, an SBI Clerk is also eligible to HRA, Medical, Travel, and Dearness allowances, as well as pension and provident fund benefits and other benefits.

Q2. Is SBI Jr. Associate a good career option compared to other posts?

Ans. Yes, one of the positions in the banking industry that are the most looked for is SBI Clerk. It is a long-term position that pays well and offers a variety of perks and benefits. It is an honorable position with significant duties.

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