Is SBI Clerk a Good Job? (SBI Clerk Work Life Balance Explained)

SBI Clerk is one of the most respected jobs in the country’s banking sector. Every year, millions of aspirants aim to become Clerks at the country’s largest public-sector bank (PSB) but becoming an SBI Clerk is not easy and only a few succeed in making it to the elite commercial banking company. After all, SBI Clerk Salary and Perks are the best in the industry along with the fact that SBI Clerk provides ample opportunities for the clerks to train their skills and knowledge to be updated with the industry’s trends. In this blog, we will answer certain questions that may arise in your mind like, how is SBI Clerk Work Life Balance? What other benefits do they provide? and more

SBI Clerk Highlights

The SBI Clerk Selection Process as per the SBI Clerk exam notification includes 2 stages as mentioned below:

• Preliminary Round
• Mains Round

These 2 rounds will be followed by a local language test which is to be held prior to selection. We have discussed this in our blog, further. Candidates who are selected for the SBI clerk position are appointed to different branches of banks.

If you are also preparing for SBI Clerk 2022, now will be the right time to start with it.

SBI Clerk Job Profile

The SBI Clerk 2022 will enjoy a good work environment. The SBI Clerk Salary and Job Profile 2022 is good. Check the detailed SBI Clerk Salary & Job Profile 2022 mentioned here.

• SBI Clerk works includes assisting in the creation of interoffice memos and emails.
• The SBI Clerk Job Profile 2022 also includes reconciling the department’s budget and producing reports.
• Perform general office tasks Eg. faxing, filing, copying, and scanning.
• Maintaining the filing system in the office and retrieving material from files as needed
• Complete the necessary paperwork.

What is SBI Clerk Salary? – Know Remuneration, Benefits & Perks Here

SBI provides a handsome pay scale for its SBI Junior Associates at the entry-level with various perks. Therefore, in comparison to other banks, SBI provides a better basic salary. SBI Clerk salary is ₹33,300 per month.

The Details of the Basic Pay Scale component of SBI Clerk Salary 2022 are as follows;

Rs.17900-1000/3-20900-1230/3-24590-1490/4-30550- 1730/7-42600-3270/1-45930-1990/1-47920. The starting Basic Pay is Rs.19900/- (Rs.17900/- plus two advance increments admissible to graduates. Let us note down the details of the above-given payscale;

• Compensation – Starting Salary for a candidate will be Rs 17,900/- with a year-on-year increment of Rs 1000/- on the Basic pay for three years.
• Salary 3 years from the year of joining: Rs 20,900/- with a year-on-year increment of Rs 1230/- for the next 3 years
• For the next 4 years, Rs 24,590/- with a year-on-year increment of Rs 1490/-
• Salary after the next 7 years: Rs 30,550/- with a year-on-year increment of Rs 1730 for the next 7 years.
• After the next 1 year: Rs 42600 with a year-on-year increment of Rs 3270 for the next 1 year.
• Salary after another 1 year: Rs 45,930 with a year-on-year increment of Rs 1990 for the next 1 year.
• The Maximum Basic Salary of an SBI Clerk- Rs 47,920/-

Clerk Basic Salary	Rs.19900/- (Rs 17,900 + two advance increments given to graduates)Salary after 1st Increment- Rs. 20900/-Salary after 2nd Increment-Rs. 24590/-Salary after 3rd Increment- Rs. 30550/-Salary after 4th Increment- Rs. 42600/-Salary after 5th increment- Rs 45930/-Salary after 6th increment- Rs 47920/-
Dearness Allowance	Based on the Consumer Price Index
House Accommodation	Depends on the place of posting.

SBI Clerk Gross Monthly Income

The SBI Clerk salary 2022 can also be described as the total in-hand income received monthly by the Junior Associate of SBI. SBI Clerk In-hand salary received per month is a sum of Basic Pay and other salary components like – House Rent Allowance(HRA), Variable Pay, Dearness Allowances (DA), City Compensatory Allowance (CCA), etc.

SBI Clerk Allowances

A person joining as an SBI Clerk will have many perquisites, the SBI Clerk Salary comes with some added benefits in the form of allowances such as-

• Dearness Allowance (DA): A SBI Clerk gets 26.18% DA of the Basic Pay (Depending upon the City Posted in). The Dearness Allowance increases quarterly basis and is dependent on the Inflation rate of the Country if the inflation increase the DA goes up and vice versa.
• House Rent Allowance(HRA): A SBI Clerk gets 35% to 40% HRA of the Basic Pay(Depending upon the City Posted in).
• Other Allowances include transport allowance, Special Allowance, and Special Pay-New.

SBI Clerk Additional Benefits

In SBI an individual working in the Clerk Cadre has some additional benefits in addition to the Basic Pay of the SBI CLERK Salary 2022 which they received. Given below are the additional benefits or perks of working as an SBI CLERK;

• House Rent Allowances
• Concessional Vehicle Finance
• Concessional Rate for SBI Pension Plans
• Housing Finance at concessional rates
• Travel Allowances
• The Bank pays 100% cost for any medical treatment of an employee along with the family members
• Maternity or child education leave of 2 years for women clerks.

SBI Clerk Promotions

Promotion for Trainee Officer Post

• SBI Junior Associate needs to clear written examinations that are conducted internally in the organization.
• As soon as an SBI Clerk gets an experience of 3 years in this role with a CAIIB (Certificate Association of the Indian Institute of Banking) or 4 years experience with a JAIIB (Junior Associate of the Indian Institute of Banking) certification can be promoted to a Trainee Officer.
• By default, it takes 6 years of service for an SBI Clerk to give an exam internally and get to the position of Trainee Officer without an exam. The responsibilities of a Trainee Officer(TO) is the same as a Probationary Officer(PO)
• After the successful completion of the internal exam when SBI Clerk manages to join as an SBI PO. He/She will have a probationary period of 2 years. During these 2 years, an SBI PO will get the rank of JMGS-1 or Junior Management Grade Scale-1.
• Once the 2 year probation period is completed they will be promoted as Middle Management Grade Scale-II.
• If directly an SBI Clerk wants to be an SBI PO he/she can attempt the SBI PO exam and get to a PO’s post.

SBI Clerk Work Life Balance- Job Postings & Transfer Policy

Many individuals worry about the Job Postings away from their Home town or at any distant branch. Let’s check out the Transfer Conditions for an SBI CLERK;

1. SBI Clerk Junior Associates are not eligible for transfers outside the state for the first 5 years of service.
2. It is 8 years for candidates selected in a special recruitment drive for Tura, Kashmir Valley, and Ladakh.

Also Read :

Follow these 5 SBI Clerk Prelims Tips & Ace the 2022 Exam

SBI Clerk Work-Life Balance

One of the most common questions regarding any job that aspirants or applicants may have is about the work-life balance of the job. SBI Clerk work-life balance is, therefore, a common aspect that many aspirants wonder about.

Since SBI Clerk is a prestigious post in the nation’s leading PSB, it might occur to aspirants that SBI Clerk is a comfortable job with a comfortable working job profile and assured job security as it is a government job.

However, SBI Clerk also demands a lot from the candidate, and hence to clear the query, we have come up with the blog article titled “SBI Clerk Work Life Balance”.

So, when talking about the SBI Clerk Work Life Balance, here are some points to consider:

1. Though being an SBI Clerk is already a demanding task given the complex nature of work they do, the work increases drastically during 2 times in the year – one is when a quarter ends and the other is the end of the financial year. During those times, the concept of SBI Clerk Work Life Balance does not exist as there is only more and more work to be done.
2. SBI Clerk Work Life Balance is also affected by another factor: training and examinations. All selected SBI Clerk candidates are required to complete various e-lessons and online learning programs as well as study for certifications such as JAIIB (Junior Associate of Indian Institute of Banking and Finance) and CAIIB (Certified Associate of Indian Institute of Banking and Finance).
3. Due to the arduous task of crunching numbers for several hours on the end, an SBI Clerk may feel tired and drained by the time they are done with their everyday work. It depends on the individual as to how they take the job, however. One SBI Clerk may find the job profile to be interesting because they may be capable of working for several hours without any loss in their concentration or motivation. However, the same might not be true for another SBI Clerk
4. Hence, the concept of SBI Clerk Work Life Balance differs from Clerk to Clerk. For the SBI Clerk who cannot work for hours without feeling tired and bored, there would consider the idea of SBI Clerk Work Life Balance to be a myth, but for someone who is an SBI Clerk and enjoys working long hours in a fast-paced, competitive environment, they will surely find SBI Clerk Work Profile to be satisfying for their professional and career development.

So, In Answer to your question, Is SBI Clerk a good job? It is fairly sure that the perks, benefits, allowances and facilities provided are the best in the industry by SBI. Candidates working for SBI as a PO are substantially happy and ever-growing with unlimited growth opportunities. So, it definitely is a good job. All it requires is your hard work and effort and you will be able to crack the exam.

Hence, if you are looking for a challenging work profile that not only deals with hardcore banking but also offers some of the best perks and benefits in the industry, the SBI Clerk should be your go-to option!