SBI Clerk 2020 Job Profile Salary

Salary of an SBI Clerk

The salary of an SBI Clerk will depend upon a number of factors. In a city like Mumbai, the salary will be around Rs 34,000. The pay scale as per the 2020 notification was 11765- 655/3- 13730- 815/3- 16175- 980/ 4- 20095- 1145/7- 28110- 2120/1- 30230- 1310/1- 31450. But, this year in the 2021 notification this payscale has been completely revised. The new payscale is 17900- 1000/3- 20900- 1230/3- 24590- 1490/4- 30550- 1730/7- 42600- 3270/1- 45930- 1990/1- 47920. This simply means that you will have a starting salary of Rs 17,900 with an annual increment of Rs 1,000 which will continue until the next 3 years. After 3 years your basic salary would have become Rs 18,900 and this calculation goes on until your basic salary becomes Rs 47,920 which is the maximum salary an SBI Clerk can get. Below are the allowances/ perks an SBI Clerk gets:

Dearness Allowance- This component is revised on a quarterly basis and is based on the CPI (Consumer Price Index).
House Rent Allowance
Special Allowance
Furniture Allowance
Reimbursement of Telephone bills
Pension (NPS)
Leave Fare
Medical Facilities

Sweta Singh

Hi, I am Sweta Singh (B.Com Honours). I cleared many bank exams time by time but couldn't join because of my passion towards writing. I write blogs to help aspirants prepare for Banking and Insurance exams. These blogs turn out to be a one-stop destination for comprehensive information on some of the biggest competitive exams like SBI PO/Clerk, IBPS PO/Clerk, IBPS RRB PO/Clerk and RBI. My ultimate goal is to provide accurate and easy-to-understand information, covering topics like exam patterns, syllabus, study techniques, and more. Join me on this journey of knowledge!