SBI Clerk Salary 2020 – Emoluments
The total starting emoluments of clerical cadre post at metro city like Mumbai will be around Rs 26,000 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.
Allowances also vary depending upon the place of posting. They will be 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.
Probation period
Selected candidates will be on probation for a minimum period of 6 months. Newly recruited candidates are required to complete e-lessons as prescribed by the bank to be confirmed. Failing to do so, the probation will be extended. Before the completion of probation, the performance of candidates will be reviewed.
SBI Clerk 2020 Pay Scale
SBI Clerk salary vary from state to state. Usually, candidates posted in metropolitan cites draws more salary than those posted on other places.
The payscale of SBI Clerk is Rs 11765-655/ 3-13730-815/ 3-16175-980/ 4-20095-1145/7-28110-2120/ 1-30230-1310/1-31450.
The basic salary of is Rs 11,756 with an increment of Rs 655. After three years, the basic SBI Clerk salary will be Rs 13,730 with an annual increment of Rs 815. Again, after three years, candidates will get basic pay of Rs 16,175 with an increment of Rs 980. The maximum basic salary will reach upto Rs 31, 450 after certain period.
The starting basic pay is Rs 13,075 (Rs 11, 756 plus two advance increments which is given to graduates).
SBI Clerk 2020 notification has been released for more than 8000 vacancies. Candidates must now be searching for SBI Clerk salary to decide whether they should opt for the exam or not. SBI Clerk salary and growth opportunities are more than other Public Sector Banks (PSB). Here, we have discussed regarding SBI Clerk salary 2020.
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