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SBI Clerk Salary after 8th Pay Commission: The current in-hand salary of an SBI Clerk is around Rs 42,000, which reaches up to Rs 46,000 including allowances.

If you dream of working in the banking sector, then the biggest question is how much is the salary of an SBI Clerk is and how much it will increase after the implementation of 8th Pay Commission.

The basic salary of State Bank of India Clerk is Rs 17,900 per month. Adding Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance and other facilities, the total gross salary reaches around Rs 46,000. After deductions, the in-hand salary is around Rs 42,327.

SBI Clerk gets not only basic salary but also many additional facilities. These include dearness allowance, house rent allowance, travel allowance and medical facility. Due to these allowances, the total income of the clerk increases even more.

According to reports, a fitment factor of 2.57 can be applied in the 8th Pay Commission. This simply means that the basic salary of the employees will increase by about two and a half times.

If this factor is applied to the current basic salary of SBI clerk of Rs 17,900, then the new basic can reach about Rs 46,000.

When the basic increases so much, dearness allowance, HRA and other allowances will also increase. According to this, the total salary of SBI clerk can be around Rs 90,000 to Rs 1 lakh per month.

The job of SBI clerk is considered attractive among the youth not only because of the salary, but also because of stability and promotion opportunities. This includes security of government job, timely promotion, pension and other facilities. Also, the working hours are also balanced compared to the private sector.