SBI clerk salaries

SBI Clerks are responsible for opening bank accounts, looking after the transactions related to the NEFT/RTGS, issuing demand drafts, issuing bank statements, transferring amounts through several payment modes, handling cheque book requests, etc.The SBI Clerks are worked as cashiers, depositors and other front desk posts. They have to deal with customers and address their concerns. They are also involved in activities like opening bank accounts, issuing DDs, transferring amounts through cheque, RTGS/NEFT, cheque book requests, etc.SBI gives the facility of drawings, accepting, and buying and selling the bills of exchange. It also issues and circulates the letters of credit. SBI also invests in funds or any special kind of security. The bank also acts as a trustee, executor, or otherwise, based on the circumstances.

The total monthly salary for an SBI Clerk varies based on the location of the posting and other factors. The in-hand salary for an SBI Clerk ranges from about Rs. 26,000 to Rs. 29,000, with the exact amount depending on the location of posting, and it can go up to around Rs. 37,000 in metropolitan cities like Mumbai. The salary structure includes various components such as basic pay, dearness allowance, house rent allowance, transport allowance, and special allowance. In addition to the basic pay, the total salary includes various allowances and benefits. The starting basic pay for an SBI Clerk is Rs. 19,900, with two advance increments admissible to graduates, and the maximum basic salary can go up to Rs. 47,920. The exact details of the salary structure can be found in the official notification for the SBI Clerk exam