SBI Clerk Notification 2023 Out for 8773 Posts, Here’s the direct application link, salary structure and more

The State Bank of India announced on November 16th that the notification for clerk recruitment is now open. The application window for 8773 posts is accessible from today, November 17th. The last date for submitting applications for SBI clerks is December 7, 2023, and candidates can take a printout of the application until December.

Candidates are required to apply only through the official website at sbi.co.in or via the direct link: https://ibpsonline.ibps.in/sbijaoct23/

The Prelims examination for the SBI recruitment drive is scheduled for January 2024, while the Mains exam is likely to be held in February 2024. Link to notification

SBI Clerk Salary Structure 2023

The compensation offered for SBI Clerk positions stands out significantly when compared to other entry-level roles within the banking industry. This particular exam remains highly desirable in India due to the opportunities it presents within SBI Clerk Jobs, accompanied by an attractive array of benefits and advantages. Selected applicants can expect not only a respectable salary but also various additional perks.

According to the SBI clerk notification 2023, the starting Basic Pay is Rs.19900/- (Rs.17900/- plus two advance increments admissible to graduates). The total starting emoluments of a Clerical Cadre employee payable at Metro like Mumbai will be around Rs.37,000/- per month inclusive of D.A., other allowances at the current rate, and two additional increments for newly recruited graduate junior associates.

SBI Clerk Allowances 2023

SBI clerks will be eligible for reimbursement of various perquisites, provident fund, Pension under New Pension scheme (Defined Contribution Benefit), Medical, Leave-Fare, and other facilities, as per instructions of the bank as may be issued from time to time.

Various allowances include:

Dearness Allowance (The Dearness Allowance increases quarterly based on the Inflation rate of the Country; if the inflation increases, the DA goes up and vice versa)
House Rent Allowance
Transport Allowance
Special Allowance
City Allowance
Medical Allowance
Newspaper Allowance
Furniture Allowance

These allowances will vary depending upon the location of posting, including phone bill reimbursement.

SBI Clerk: Roles and Responsibilities

Candidates appointed as clerks in the State Bank of India have a substantial opportunity for advancement, potentially rising to the position of General Manager. Understanding the SBI Clerk job profile is crucial for candidates to determine if they align well with the responsibilities. As already discussed, it stands as a favorable opportunity for entry-level positions in the banking sector. The role of an SBI Bank Clerk includes the following responsibilities:

Single Window Operator:

An SBI clerk is responsible for day-to-day bank functions such as opening accounts, amount transfers through cheque/ NEFT/ RTGS; issuance of Demand Drafts (DD), cheque clearance, looking after cheque book requests, receiving inward emails, and more.

Head Cashier:

On some occasions, the clerk also performs the responsibility of a cashier. The role involves managing cash transactions of the concerned branch, clearing, and transfer of cheques.

Other Responsibilities:

The Junior Associates are also required to function as special assistants or universe tellers. They may also need to resolve customer concerns regarding a wide variety of issues.