What is the salary of SBI Junior Associates? What are the other perks?

The Salary of SBI Junior Associate is exceptionally good if we compare it to other job profiles in the banking sector at the joining level. The State Bank of India (SBI) is the largest public sector bank in India. Hence, SBI Clerk is one of the most demanding entry-level jobs in the country.

Here is the Salary slip after the 11th bipartite settlement.

Along with this Salary SBI clerks gets other perks as well.

1. Medical Insurance
2. Furniture Allowance
3. Basic neccesities – Newspaper, petrol etc

There are some peerless growth opportunities in SBI. There are internal exams and Interviews which are conducted at regular intervals.

Salary of a Junior associate as on Aug 2021.

Basic pay : Rs. 19900

DA: 27.79%( Increase of 2.1 for Aug- Oct 2021

HRA : 10.25%

SPECIAL ALLOWANCE: 16.4% + DA thereon

Special Pay : Rs.500

TA: Rs.600 + DA Theron

Gross Salary : Rs. 32905

Deductions

EPF : 2040

CPF : 2800

Net In hand salary : Rs.28065

Perks : 20 ltr. petrol reimbursement on declaration basis, Rs. 360 each for newspaper and entertainment allowance.( All perks are on monthly basis)