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Clerk Salary





The salary of clerks in most of the  public sector banks and some private banks is same and last revision has taken place on 25th May 2015 (wef November, 2012 )  

Almost all public sector banks place the clerks  in the following scale at the 1st stage of the grade :-

Rs. 11765 - (655x3) - 13730 - (815x3) - 16175 - (980x4) - 20095 - (1145x7) - 28110 - (2120x1) - 30230 - (1310x1) - 31540
(the figures in the brackets indicate the annual increment and the number of stages for which the same is applicable).
 
Thus, the initial Basic Pay of a clerk will be Rs.11765/-
What are other major allowances payable on monthly basis as part of the Bank Clerk's salary ?

In addition to Basic Pay, clerks in banks  are eligible for the following allowances :-

    (a) Dearness Allowance (DA)  :  DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.  The current DA (for the month of May 2015;  June 2015, July 2015 has been fixed at 33.70% of the Basic Pay).   DA can go up with higher inflation and also come down if the inflation rate is in negative.

 (b) Special Allowance : This has been added in 10th BPS (wef 01/11/2012) for clerks it 7.75% on which DA is also payable

 (c) HRA : This depends on the place of posting and it can be either 10% or 9% or 7.5% depending on the place of posting.

What is the total salary or emoluments of a newly recruited clerk in a bank ?

The above indicates that the total salary of a clerk on joining at a metro station will be around Rs.18,550/.   However, the total salary of a clerk who has to join in rural area will be about Rs.18250/-.   In addition to this, you can also be paid certain allowances which are specific to the job you have been allocated viz. Cashier or CTO (approximately Rs.1200/-)


Comparative Starting REVISED Salary of Bank Clerk As on 1st June  2015



Population above 45 lakhs
Population above 12 lakhs
Others




Basic Pay
11765.00
11765.00
11765.00
Special Allowance
911.79
911.79
911.79
DA
4272.08
4272.08
4272.08
CCA
0.00
0.00
0.00
Transport Allowance
425.00
425.00
425.00




Total (without HRA)
17373.86
17373.86
17373.86




HRA
1176.50
1058.85
882.38




Gross with HRA
18550.36
18432.71
18256.24







Also read







Clerk Salary Reviewed by Manohar Veera on 8:33:00 PM Rating: 5

11 comments:

ADI said...

Thanx

Rajesh Das said...

thanks

Anjali Nithyan said...
This comment has been removed by the author.
Anjali Nithyan said...

Sir, pls give the salary details of sbi or sbt clerk

suraj singh said...

what is the salary of newly joined person as clerk in allahabad bank in delhi

man said...

is there any extra increment for m.sc holders
(i.e pg holder) or it is the same as clerk (basic 8000)??????

abhisek said...

is there any money at the time of joining, like PO has????

G Nikhil said...

what is my take home?

Manohar Veera said...

Sorry friends we have not noticed comments on this page, here are the clarifications,

1. Take home salary will be appx 15000
2. No security deposit is required
3. extra increments will only be given on basis of CAIIB / JAIIB holders
4. Sbi clerk salary is there, pls refer to main manu

Saki R said...

nice blog too informative. looking and reading your points its so impressive. doing more blog like this. i really appreciated doing like this.
PHP Training in Chennai

Uzma Farheen said...

what is the basic salary of the freshers in hyderabad banks???

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