In this article we will discuss the SBI Clerk Salary, I hope you get motivated after reading this article. State Bank of India or SBI has released SBI Clerk Notification 2024 inviting eligible banking aspirants for 14191 Juniors Associate Posts. As the SBI Clerk exam is heading near aspirants must be looking for an SBI Clerk salary, which is an important criterion for the candidates to choose such a job. The In Hand Salary with the perks, allowances, and role of the junior associate called Clerk has been provided below. The information is as per the official notification.
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SBI Clerk In-Hand Salary
There are two types of CTC Sallry and In Hand and Another CTC. The In Hand Salary of the SBI Clerk will include the approximate amount a candidate gets after the deductions, deduction for Insurance, TF, etc. The starting salary of SBI Clerk is approximately rs 46000/- In India. A factor that influences this amount is the location of the posting, which is different in urban and rural locality.
SBI Clerk Salary 2024
The payscale of the SBI Clerk has been revised by SBI this year and the new pay scale of SBI Clerk is Rs. 24050-1340/3-28070-1650/3-33020-2000/4-41020- 2340/7-57400-4400/1-61800-2680/1-64480. Earlier, the payscale was Rs.17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920.
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| Parameters | Amount (in Rs.) |
| Basic Pay (including 2 annual increments) | Rs. 26730/- |
| Dearness Allowances (17.20%) | Rs. 6168.51 |
| House Rent Allowance | Rs. 2862.83 |
| Transport Allowance | Rs. 850 |
| Special Allowance | Rs. 7083 |
| Special Pay | Rs. 1200 |
| Gross Pay | Rs. 44894.79 |
| Deductions | Rs. 3673 |
| Net Pay | Rs. 41221.79 |
| SBI Clerk Salary structure in India | |
| SBI Clerk Baisc Salary | Rs.26730/- (Rs 24050 + two advance increments given to graduates)Salary after 1st Increment- Rs. 28070/-Salary after 2nd Increment-Rs. 33020/-Salary after 3rd Increment- Rs. 41020/-Salary after 4th Increment- Rs. 57400/-Salary after 5th increment- Rs. 61800/-Salary after 6th increment- Rs. 64480/- |
| Dearness Allowance | Based on the Consumer Price Index |
| House Accommodation | Depends on the place of posting. |
SBI Clerk Salary- Allowances
The Total salary takes into account the allowances. Which allowances are included in this salary let’s breakup this.
Dearness Allowance (The Dearness Allowance increases quarterly basic and is dependent on the Inflation rate of the Country if the inflation increases the DA goes up and vice versa)
House Rent Allowance
Transport Allowance
Special Allowance
City Allowance
Medical Allowance
Newspaper Allowance
Furniture Allowance
These allowances also have varied amounts depending on the location of the posting.
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