The State Bank of India is the most reputed largest public sector bank we have in the country today. Being a part of this organization is a dream for many young graduates.
The Bank recently announced the recruitment of 3674 graduates through an open two-tier competitive examination.
Let's check the salary of the newly appointed Junior Associates in the State Bank of India.
SBI Jr. Associates Salary in hand
As per the official advertisement, the pay scale for the Associates is 11,765 - 31,350 and the value for an increment is Rs 655/- for the next three years. Hence, the starting basic pay of JA should be Rs 11,765/- per month.
But, If you check the official advertisement, you will find that a fresh Jr Associates will get 2 additional increments just after appointment in the service. So by adding 2 additional increments (2X655 =1,310) with 11,765/-, the JA will get the starting basic pay of Rs 13,075/-.
Apart from this basic pay he/she also get the dearness allowances, special allowances, transport allowances, pension fund, etc. The detailed salary structure of Junior Associates shown here.
||11,765 - 31,350
|Starting Basic Pay
|Total Salary Per Month
The graduates who clear both examinations and find a place merit list will get the opportunity to work in the State Bank of India, after the appointment in the service these selected candidates would get the salary of Rs 23,140/- per month. This amount doesn't include the House Rent Allowances or Leased rent accommodations.
Other Facilities & Benefits
- House Rent Allowances,
- Special Pay,
- Provident fund,
- Pension under New Pension scheme,
- Medical Facility for Indoor & Outdoor Treatment,
- LTC (Hometown Once in 2 Years 2,000 KM Travel Limit),
- LTC (All India Once in 4 Years 4,000 KM Travel Limit),
- Transfer Allowances, and
- Halting Allowance.
The Jr Associates post is a clerical cadre post which comes under the Class-III non-executive post. They need to work either in the counter or as an office assistant. The job timings are from morning 10 AM to till evening at 6 PM.
Due to the government sector organization the Jr. Associate job in SBI will be safer and secure as compared to other banking jobs in India.