Presently the salary scale of PSB and SBI Clerk
as follows
7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300 (under
review).
From
above it means that Basic salary at the time of joining the clerical cadre
shall be 7200 and upon that DA ( Dearness Allowance ) and other perks are
payable such as conveyance, petrol allowance, newspaper allowance, HRA- House
Rent Allowance
From
August 2014 the expected DA is around appx 105% hence we shall calculate the
salary based upon that.
HRA
varies from 7% to 10% depending upon the place of posting from rural to metros
cities 10% HRA for Metro cities such as Delhi , Mumbai.
·
Basic 7200
·
DA ( 105%) 7560
·
HRA ( 10 % ) 720
·
Other Allowance ( Appx) 1200
Total Gross salary 16,680
Deductions include Professional Tax, 200 Per
Months 2500/ Yr
NPS Contribution 10% of Basic Plus DA 1476/-
Hence Total Net Salary is appox 15,000/- Per Month for a new joinee clerk in
a public sector bank and sate bank of India
The above Pay scale is under revision from
November 2014 and by looking at the current talks with IBA and Finance
Ministery it seems there shall be increase of 15% in the gross salary so the
new gross salary should be in range of 19200 – 21000
