South Indian Bank Clerk Latest Salary

Selected as a South Indian Bank Clerk 2024, you will receive salary as per the National Level Bipartite Settlement by Indian Bank Association. The South Indian Bank Clerk starting salary is Rs 17,900 which can go up to Rs 47,920.

The SIB Clerk Pay Scale is: ₹17900 - 1000/3 – 20900 - 1230/3 – 24590 - 1490/4 – 30550 - 1730/7 – 42660 - 3270/1 – 45930 - 1990/1 – 47920.

Besides this, you will receive other perks and allowances. Let's check out the South Indian Bank Clerk's salary in detail below.

PostSalary
Probationary Clerk

Rs. 17900 - 1000/3 – 20900 - 1230/3 – 24590 - 1490/4 – 30550 - 1730/7 – 42660 - 3270/1 – 45930 - 1990/1 – 47920

Candidates will be eligible for Performance Linked Incentives (PLI) and all other benefits as applicable to clerks as per the scheme in vogue

South Indian Bank Clerk Job Profile

A candidate who gets selected as a South Indian Bank Clerk 2024 will have various roles to perform. As a South Indian Bank Clerk, you will have various opportunities to get promoted to higher levels. Some basic duties of a South Indian Bank 2024 Clerk is as follows.

  • Business Development
  • Cash deposit/withdrawals
  • Customer interaction
  • Maintaining daily transactions in the system
  • Handling customer complaints
  • Cheque verification

South Indian Bank Clerk Probation Period

As a South Indian Bank Clerk, you will be on a probation period of 6 months. After the probation period is completed, you will be confirmed as South Indian Bank 2024 Clerk based on your performance during the probation period. Besides this, you need to serve the bank for a maximum period of 3 years. If you leave the Bank before the expiry of the said period, you need to pay an amount of Rs. 75,000 to the bank. Further details on the South Indian Bank Clerk recruitment 2024 service bond is given below.

Probation Period
Probation Period
  • 6 Months
  • Confirmation will be subject to satisfactory performance during probation
Service Agreement Period 3 years