The SBI Clerk Salary Structure in 2024

In 2024, the starting salary for an SBI Clerk as well as an IBPS Clerk has remained stable, primarily ranging between Rs. 28,000 to Rs. 31,000 per month. This includes the basic pay along with allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), and Transport Allowance. The exact amount can vary depending on the city of posting and other factors, as government policies and banking regulations may influence the final structure.

Recent Salary Structure Details

On 21st August 2024, the newly joined SBI Clerk had the following salary structure:

Basic IBPS Clerk Salary (2024): Rs. 24,050 Special Allowance: Rs. 7,376 Special Pay: Rs. 2,280 Dearness Allowance (DA): Rs. 3,783 Transport Allowance: Rs. 984 House Rent Allowance (HRA): Rs. 2,699 Gross IBPS Clerk Salary (2024): Rs. 41,170 (approx.) Deduction: Rs. 2,983 Net IBPS Clerk Salary in Hand (2024): Rs. 38,180 (approx.)

Other salary figures post the 12th Bipartite Settlement include:

Basic Pay: Rs. 26,730 Special Allowance: Rs. 7,083.45 Transport Allowance: Rs. 850 Dearness Allowance (DA): Rs. 5,535.75 House Rent Allowance (HRA): Rs. 2,739.83 Gross Salary: Rs. 42,939.03 (approx.)

Salary after 12th Bipartite Settlement

While the basic pay stands at Rs. 26,730, special allowances have seen a slight adjustment. The following details are provided:

Special Allowance: Rs. 7,000 (Previously 7,083.45) Transport Allowance: Rs. 850 (No change) Dearness Allowance (DA): Rs. 5,500 (Previously 5,535.75) House Rent Allowance (HRA): Rs. 2,750 (Previously 2,739.83) Gross Salary: Rs. 42,830 (approx.)

Another commonly referenced figure for the starting salary of an SBI Clerk, as of 2024, is Rs. 37,000 per month, inclusive of DA and other allowances, with two additional increments for newly hired junior associates. The salary structure generally ranges from Rs. 17,900 to Rs. 47,920.

Upcoming Salary Revisions

A recent circular has been issued regarding the 12th Bipartite Salary Revision. It is expected that the final details will be released shortly, providing a clearer picture of the salary structure for SBI Clerks.

Stay tuned for more updates and detailed information about the latest salary structure for SBI Clerks and IBPS Clerks in 2024.