State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.


the Salary and Perks Are Offered to A Bank Clerk In the State bank of India Are As Follow


Dearness Allowance (DA): In Bank, DA is revised quarterly and is based on CPI as declared by the banks i.e. DA can go up with higher CPI and vice versa.

House Rent Allowance (HRA): This varies according to Clerk’s place of posting. And it can be 8.50%, 7.50% and 6.50% depending on metros, big cities, and other locations.

Medical Allowance: This allowance is paid annually. And for a clerk, it is fixed at Rs 2000.

Transport Allowance (TA) – It is also an additional amount on IBPS Clerk take home salary.


Clerk cash in hand salary: Rs 19,461.


Career Growth As Per Salary Ratio

Increment (%) Basic Pay Total Gross Salary
15% Rs.14,733/- Rs.20,450/-.
20% Rs.15,374/- Rs.21,339/-
25% Rs.16,015/- Rs.22,228/
30% Rs.16,655/- Rs.23,117/-