SBI Clerk Salary 2019 | Allowances & Career Growth

SBI Clerk Salary 2019 | Allowances & Career Growth

SBI Clerk Salary 2019

The officials of State Bank of India (SBI) has been released the notification in order to recruit clerks across all branches in India. However, candidates who are applied for the exam, they may have a little bit doubt about SBI Clerk Salary 2019. Therefore, for the sake of competitors, we have mentioned the complete SBI Clerk Package 2019 in detail. From this article, competitors can know Clerk Salary 2019, as well as various allowances can get from higher authorities of भारतीय स्टेट बैंक. SBI Clerk Salary Structure 2019 will vary from person to person, depending upon the place he/ she living and working environment in certain assigned branch. We have also arranged the increments and facilities details provided by SBI.

To Know SBI Clerk Syllabus: Click Here

SBI Clerk Package 2019 – Important Details

Exam Name State Bank of India (SBI)– Clerk exam
Conducting Authority State Bank of India (SBI)
Exam Type National Level
Name of the Post Clerk
Number of Vacancies Various
Official website

Applicants Can Download: SBI Clerk Admit Card

SBI Clerk Salary Structure 2019

Aspirants, who are not aware regarding State Bank of India (SBI) Clerk Salary 2019, they can check the latest updates on SBI Clerk Salary 2019 such as starting salary, different allowances, increments and promotions based on the performance of the officer in IBPS Clerk Salary 2019. The SBI Clerk will get basic pay of Rs 11765. In addition to that, the bank provides basic allowances to them, which were mentioned below in detail.

Facilities Amount
Basic Pay Rs. 11, 765
Special Allowance (SA) Rs. 911.79
Dearness Allowance (DA) Rs. 5, 311.58
City Compensatory Allowance (CCA) Rs. 0
Transport Allowance Rs. 425
Total (without HRA) Rs. 18, 413. 37
House Rent Allowance (HRA) Rs. 1, 176. 5
Gross with HRA Rs. 19, 589. 87

SBI Clerk Salary – Dearness Allowance:

This component of State Bank of India Clerk Salary Structure is revised four times in a year, based on the Consumer Price Index (CPI). The Dearness Allowance (DA) will get increased when inflation is high and vice versa.

SBI Clerk Salary – House Rent Allowance:

The House Rent Allowance (HRA) depends on the area that officials of भारतीय स्टेट बैंक posted to the clerk. The HRA will vary from place to place. There is a criterion for providing 10% House Rent Allowance (HRA) of Basic pay or Rs 800 to clerks in the preamble of State Bank of India. However, If the post is in the metropolitan city the Allowance will be higher and in the rural area, the allowance will be less.

SBI Clerk Salary – Travel Policy:

State Bank of India (SBI) also offers the traveling opportunity by providing guest houses to them in the holidays with a complete package. The clerks are offered to visit the tourist places in across India.

SBI Clerk Salary – Medical Allowance:

Though State Bank of India is the largest bank across India, the higher authorities of SBI provides medical benefits to their employees as well as employee family members also. Therefore, In case any medical or hospitalization occur 100% medical allowance is given to the employees and 75% to their families.

SBI Clerk Salary – Leave Policy:

The higher authorities of the State Bank of India (SBI) that provides an excellent leave policy. It gives 33 days privilege leave and 12 days casual leaves to employees.

Aspirants Can Check: SBI Clerk Result 

SBI Clerk Salary – Perks and Extra Allowances Provided To SBI Clerks

  • House Maintenance Allowance
  • Briefcase Allowance
  • Furniture Allowance
  • Concessional Vehicle Finance
  • Concessional Housing Finance
  • Petrol Allowance
  • Newspaper & Magazine Allowance
  • Entertainment Allowance: for Cable TV and satellite TV
  • Reimbursement of Telephone Bills
  • House Rent Allowance or Lease
  • Contributory Provident Fund
  • Two years leave provided for women clerks as maternity leave or children’s education
  • Concessional Rate for SBI Pension Plans

SBI Clerk Salary – Other Benefits to SBI Clerk

  • Financial security
  • Flexible working hours
  • Good work environment
  • Pension under New Pension Scheme (NPS)
  • Medical insurance
  • Stability
  • Provident Fund

Competitors Can Refer: SBI Clerk Old Papers

SBI Clerk Salary – Career Growth

The career growth of SBI Clerks may get their first promotion after 2 years of service. No other bank in India provides this wonderful opportunity. Within a span of 21 years, clerks can be at the top if you are promoted timely, can reach as high as General Manager. However, based on certain posts, there will be particular separate criteria according they must meet. Also, they will have to appear for the required interview process if necessary.

Therefore, for good promotion, the clerk should be better prepared to get a professional officer in the same bank. All these promotions depend upon the service and positive feedback from the employees in the bank as well as customers of the bank.

To Know SBI Clerk Job Profile: Click Here

We hope candidates who are looking for SBI Clerk Salary 2019 have got the required information from this article. Aspirants can raise doubts in this article by dropping a comment, that below mentioned comment box. For more updates regarding भारतीय स्टेट बैंक, please follow our page, IBPS Guru. Thank You

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