SBI Clerk Salary 2024: Check Revised Pay Scale & In Hand Salary

SBI Clerk in hand salary is calculated after all the deductions. The amount may vary as per the place of posting. SBI Clerk in hand salary for the newly appointed candidates is between INR 26000 to 30,000. The allowances offered to SBI Clerk are given below:

• Dearness Allowance (DA)
• House Rent Allowance (HRA)
• Special Allowance
• Transport Allowance
• Medical Allowance
• Newspaper Allowance
• Furniture Allowance
• Bag allowance

IBPS Clerk starting salary is INR 19,900 (INR 17,900 plus two advance increments). The newly revised payscale of SBI Clerk is INR 17900-1000/3-20900-1230/3-24590-1490/4-30550- 1730/7-42600-3270/1-45930-1990/1-47920. Candidates can calculate their salaries by adding basic salary, HRA, city compensation, provident fund and pension contributions. The basic pay is INR 17,900, however, with two advance increments, the starting basic salary is INR 19,900.

The basic salary of SBI Clerk is INR 17,900 with an increment of INR 1000. After three years, the basic SBI Clerk salary will be INR 20,900 with an annual increment of INR 1230. Again, after three years, candidates will get basic pay of INR 24,590 with an increment of INR 1490. The maximum basic salary will reach upto INR 47,920 after certain period. 

The total starting emoluments given to the Junior Associates in the metro city such as Mumbai are around INR 29,000 per month, inclusive of DA and other allowances as per the current rate. Besides, two additional increments are given to newly recruited graduate Junior Associates. Earlier, the total starting emoluments for metro cities was INR 26,000. Allowances also vary depending on the place of posting. Candidates are eligible for reimbursement of various perquisites, Provident Fund, Pension under New Pension Scheme (Defined Contribution Benefit), Medical, Leave-Fare, and other facilities as per the requirement of the bank.

The revised payscale of SBI Clerk is INR 17900-1000/3-20900-1230/3-24590-1490/4-30550- 1730/7-42600-3270/1-45930-1990/1-47920. Earlier, the payscale of SBI Clerk was INR 11765-655/ 3-13730-815/ 3-16175-980/ 4-20095-1145/7-28110-2120/ 1-30230-1310/1-31450. The starting basic pay was INR 13,075 (INR 11765 with two advance increments admissible to graduates).

The revised payscale of SBI Clerk is INR 17,900-1000/3-20,900-1230/3-24,590-1490/4-30,550-1730/7-42,600-3270/1-45,930-1990/1-47,920. Earlier, the payscale was INR 11,765-655/ 3-13,730-815/ 3-16,175-980/ 4-20,095-1145/7-28,110-2120/ 1-30,230-1310/1-31,450.

The starting basic pay is INR 19,900 (INR 17,900 with two advance increments given to graduates). Earlier, the basic pay was INR 13,075 (INR 11, 756 plus two advance increments which are given to graduates).

The structure of updated basic pay is given below:

• Initial SBI Clerk salary-INR 19,900 (INR 17,900 with two advance increments)
• Salary after first increment-INR 20,900
• Salary after second increment-INR 24,590
• Salary after third increment-INR 30,550
• Salary after fourth increment-INR 42,600
• Salary after fifth increment-INR 45,930
• Salary after sixth increment-INR 47,920

The yearly increment offered to candidates is given below.

Candidates appointed to the post of SBI Clerk are required to perform the following job responsibilities:

• Candidates are responsible for the day-to-day bank functions such as opening accounts, amount transfers, issuance of demand drafts (DD), cheque clearance, cheque book requests, receiving inward emails
• Candidates need to handle cash transactions of the concerned branch, clearing, and transfer of cheques
• Candidates are responsible for addressing the concerns of customers

The total annual emoluments of candidates posted in metro cities such as Mumbai INR 29,000 per month. This includes DA and other allowances at the current rate and two additional increments for newly recruited Junior Associates. The newly recruited SBI Clerk gets reimbursement of various perquisites, provident fund, pension under New Pension Scheme (Defined Contribution Benefit), medical leave fare and other facilities. 

While applying for the SBI Clerk exam, students ask a question 'Is the SBI Clerk job permanent or not? ' SBI Clerk is a permanent job. Candidates selected through SBI Clerk exam enjoys job security as well as a good salary. To get appointed in the SBI, candidates need to qualify the examination- prelims, mains, and language proficiency tests. Since SBI is a Public Sector Undertaking and a government bank, there is job security for the employees. SBI Clerk salary is decent for an entry-level government job. Employee can get a promotion by giving the JAIIB and CAIIB examinations.

SBI Clerk get more opportunities to become a Probationary Officer compared to other banks. The main reason is the fast-track promotion process in SBI. Candidates who are selected for the Clerk position in SBI will be on probation for at least six months. However, it may be extended based on the performance of a candidate.
SBI conducts an internal exam every two years for those who are aspiring for career growth. A Clerk can take the internal exam only after the three years of service in the bank. Candidates who clears the internal exam become a Trainee Officer (TO) for a period of two years. After the completion of two years of the probation period, they are recruited as Middle Management Grade Scale-II (MMGS-II) Cadre. Candidates who completes six years of service or 12 years of service as a Clerk are also promoted to the next position, a Junior Manager Grade Scale (JMGS-I) Officer. However, the pay scale will be almost equal to that of the PO.

A total of 5486 vacancies were announced for SBI Clerk 2022. Out of the total vacancy,  5008 are regular vacancies and 478 are backlog vacancies. The details regarding the vacancies were announced along with the notification. SBI Clerk vacancy break-up for different categories is given below.

More than 8000 vacancies were announced for SBI Clerk exam in 2023. The vacancy break-up is given below.

The highest number of SBI Clerk vacancies in 2022 was announced for Maharashtra. A total of 747 vacancies were announced for this state. The  state-wise SBI Clerk vacancy break-up is given below.

The number of backlog vacancies for SBI Clerk exam is given below.

SBI Clerk criteria:- A candidate who is aspiring to apply for the SBI Clerk exam must be an Indian citizen. Candidates must fulfill the following educational requirements to apply for the SBI Clerk Prelims examination. 1.Prospective candidates must have a Graduation degree in any stream from a recognized University or any equivalent qualification which is recognized by the Central Government. They must make sure the passing certificate shows the date the relevant degree was earned. 2.Candidates who have an Integrated Dual Degree (IDD) certificate should ensure that the date of passing of the IDD is as per the guidelines given in the notification. 3.Those who are in the final year/ semester of their graduation may also apply provisionally subject to the condition that, if provisionally selected, they will have to produce proof of having passed the graduation examination  4.As per the SBI Clerk qualification criteria, the candidates need to mandatorily indicate the percentage theyve obtained in the Graduation degree and calculate it to the nearest two decimals in the online application form. 5.For Matriculate Ex-servicemen, prospective applicants should have obtained the Indian Army Special Certificate of Education or corresponding certificate in the Navy or Air Force, after completing at least 15 years of service in the Armed Forces of the Union. Age limit:- Not below 20 years and not above 28 years i.e. candidates must have been born not earlier than 02.08.1994 and not later than 01.08.2002 (both days inclusive). The details regarding the age limit and the relaxation in upper age are clearly given in the official notification. Candidates must go through the notification in detail and check the eligibility criteria. Relaxation is given to the various categories for the SBI Clerk exam. SC/ST - 5yeras OBC 3 years PWD (Gen/EWS) 10 years PWD(ST/ST) 15 years PWS(OBC) 13 years Ex-Servicemen/ Disabled Ex-Servicemen - The actual period of service rendered in defense services + 3 years, (8 years for Disabled Ex-Servicemen belonging to SC/ST) subject to max. age of 50 years Widows, Divorced women and women judicially separated from their husbands & who are not remarried - 7 years (subject to maximum age limit of 35 years for General/ EWS, 38 years for OBC & 40 years for SC/ST candidates) Note: 1.Candidates who seek age relaxation are required to submit copies of the necessary certificate at the time of admission.

SBI Clerk exam is conducted by the State Bank of India every year to recruit eligible candidates for the post of Junior Associates (Customer Support & Sales). The selection process of SBI Clerk comprises prelims exam, Mains exam and language proficiency test. The final selection of candidates is done based on marks obtained in the Mains exam. Candidates need to qualify the language proficiency test. The prelims exam of SBI Clerk comprises three sections- English Language, Numerical Ability, and Reasoning Ability. The total marks allotted to the test are 100. Candidates qualifying the prelims exam are called for the mains exam. The marks obtained in the prelims exam are not counted for final selection. The mains exam comprises English Language, Numerical Ability, and Reasoning Ability. The mains exam is conducted for 200 marks. Candidates qualifying the mains exam are called for language proficiency test. This test is qualifying in nature. In language proficiency test, candidates are assessed based on their ability to speak, write and read the local language of the state from where they have submitted the application form.

A total of 5486 vacancies were announced for SBI Clerk 2022. Out of the total vacancy,  5008 are regular vacancies and 478 are backlog vacancies. The details regarding the vacancies were announced along with the notification. SBI Clerk vacancy break-up for different categories is given below.