Jan 22, 2018

SBI Clerk Vs IBPS Clerk Qualification Salary and Facilities

SBI Clerk Vs IBPS Clerk Qualification
Many candidates are confused about IBPS and SBI clerk career selection. So, we are going to discuss some points for SBI Clerk Vs IBPS Clerk on the basis of the salary scale and education qualification. Read all the information and then decide as a career option for the job. IBPS conduct the clerk exam for various banks and SBI conduct the exam personally.

IBPS is regularly announcing the recruitment notifications for various positions in Government banks. The common thing among them is the clerical level examinations. Every year more than lakhs of aspirants appear for this examination. Another side, SBI recruits the candidates once in the year. So, IBPS provides an opportunity to candidates at every interval of time.

SBI Clerk vs IBPS Clerk Educational Eligibility
·         The qualification for the Assistant’s position, the lowest rung in mainline banking operations, is a degree (graduation) from a recognized university.
·         Minimum educational qualifications are same in both.

SBI Clerk vs IBPS Clerk Salary Scale And Facilities
·         Both SBI and IBPS Clerk will place the clerk on the following scale:
Rs. 11765 – (655×3) – 13730 – (815×3) – 16175 – (980×4) – 20095 – (1145×7) – 28110 – (2120×1) – 30230 – (1310×1) – 31540

·         Apart from Basic Pay, as a clerk in PSBs you will get the following allowances:
·         Dearness Allowance (DA): DA is revised on a 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 has been fixed at 39.40% of the Basic Pay). When inflation is high, DA goes up and vice versa.
·         Special Allowance: This has been added in 10th BPS (wef 01/11/2012) for clerks it 7.75% on which DA is also payable
·         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.
·         Thus, the initial Basic Pay off a clerk will be Rs.18,100 – 19,800 including allowances.
·         Bank clerk salary in SBI is 2000/- extra compared to other banks. Salary of SBI clerk is more because of extra allowances SBI offers to their employees.
·         So this round goes to SBI Clerk.

Here are all about SBI Clerk Vs IBPS Clerk done on the basis of salary and eligibility criteria. We hope that you have got all information related to this comparison.


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