SBI Clerk, PO Salary Structure – SBI Pay Scale Package Details

SBI Clerk, PO Salary Structure

State Bank of India gives a great pay scale to their employees. We are telling that clerk post is the best to enter into a
banking sector and after joining in State Bank of India applicants get the promotions. SBI PO/ Clerk Salary package are so attractive. State Bank of India (SBI) is the largest bank which provides various facilities to their employees as a loan, investment, funds and it gives four increments while joining in it as PO.

We are publishing whole highlights with revised pay scale on this web page so capable applicants should read this article completely & get info about SBI Clerk, PO Salary Structure. After checking whole details of SBI Clerk, PO pay scale from this web page, candidates need to start their preparation to apply for SBI Clerk & PO.

SBI Clerk Revised Pay Scale (Package)

Post name has changed by State Bank of India as first name was clerk & now is Junior Associate. But vacancies of it will come under clerical department, Support of Customer and sales under Junior Positions Come Associates. Applicants, who have completed their degree of graduation or are in the final year of it, can know Job profile, Pay band and other from this web page before apply for SBI Clerk, PO vacancies.

Salary Package will be 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230-1310/1-31540 for SBI Clerk / Jr. Associate .

In Metro Cities such as Mumbai Pay band: INR 20950
In class Y cities with 20% DA Pay band: INR 20000
In class Z cities with 19% DA Pay band: INR 19000

SBI PO Revised Pay Scale (Package)
State Bank of India is the biggest bank in India which begins examination for all its recruitments separately from other banks. Being the biggest bank of India nation, it also gives highest pay scale, perks and other profits than other banks in India. SBI PO salary package of recent is published here in detail.

Presently, the starting basic pay is Rs. 27,620/- (with 4 advance increments) in the scale of Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I.

The official will also be able for D.A, H.R.A/Lease rental, C.C.A, Medical and other allowances & perquisites as per rules in force from time to time.
The total compensation per annum would be a minimum of Rs. 7.55 lacs and maximum of Rs. 12.93 lacs depending on place of posting and other factors.
State Bank of India plans to offer, subject to necessary approvals, a SMART Compensation Package which would enable contenders a choice to monetize specific elements of the pay scale.

The breakup of monthly compensation is as under:
  • Cash Component: 36,046/-
  • Bank's contribution to PF: 1,690/-
  • Housing (Lease Rental): 29,500/-
  • Perquisites (Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. 4,130/-

In addition, the officers are also entitled to other benefits like –
Medical Aid for self (100%) and for family (75%)
Home Travel Concession/Leave Fare Concession
Concessional Interest Rates for Housing/Car/Personal Loans

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