IBPS Clerk Salary 2022, Check In-hand salary, payscale, allowances, benefits and more

Safalta Expert Published by: Himani Mehra Updated Sat, 01 Oct 2022 09:01 AM IST


Check IBPS Clerk salary here at Safalta.com. Get an idea of detailed salary structure, allowances, benefits, job profile and career growth.

IBPS Clerk Salary 2022: The salary of IBPS Clerk ranges from Rs. 11,765 to Rs. 31,540. Along with this, there are different allowances and benefits that IBPS Clerk receives. Thus the good salary and additional perks make this post very lucrative for candidates across the country. Lakhs of aspirants apply for this IBPS Clerk Exam and prepare for it religiously to get selected for the post. In addition to a good salary, the job profile and career growth prospects of IBPS Clerk are also very bright. Check IBPS Clerk salary here along with other details. Join IBPS Clerk Course here. 

Go through our E-Books

Data Interpretation and Analysis Free E-Book: Download Now Puzzle and Seating Arrangement Free E-Book: Download Now

Candidates who are preparing for the IBPS Clerk examination can now check the IBPS Exam Calendar here.


Table of Contents


IBPS Clerk Salary 2022

The main reason behind candidates opting for the IBPS Clerk is the salary structure which ranges from Rs.

Free Demo Classes

Register here for Free Demo Classes

Please fill the name
Please enter only 10 digit mobile number
Please select course
Please fill the email
11,765 to Rs. 31,540. The first Basic Pay for IBPS Clerk 2021 is Rs 19,900. The IBPS Clerk Pay Scale is Rs.19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920.  The salary of the Bank Employees was revised on January 01, 2016, on the basis of bipartite settlement. The detailed payscale is as follows:

Basic Pay Amount
Initial Basic Pay Rs 19,900 with a yearly increment of Rs1000 for three years
Basic Pay after 3 years Rs 20,900, with a yearly increment of Rs 1230 for the next three years
Basic Pay after the next 3 years Rs 24,590, with a yearly increment of Rs 1490 for the next four years
Basic Pay after the next 4 years Rs 30,550, with a yearly increment of Rs 1730 for the next 7 years
Basic Pay after the next 7 years Rs 42,600, with a yearly increment of Rs 3270 for the next year
Basic Pay after the next 1 year Rs 45,930, with a yearly increment of Rs 1990 for the next year
Basic Pay after next year 1 year  Rs 47,920 (maximum Basic Pay)

Click Here to Join- Download Now

Also Read:

IBPS Clerk Exam Pattern IBPS Clerk Syllabus IBPS Clerk Admit Card
IBPS Clerk Eligibility IBPS Clerk Cut Off IBPS Clerk Vacancy

IBPS Clerk Salary Structure

The salary structure for IBPS Clerk is well defined. It hights the pay scale, allowances, deductions if any and so on.

The gross salary of a IBPS Clerk is a handsome amount. The detailed IBPS Clerk salary structure is as given below:

IBPS Clerk salary

Pay in Rupees



Dearness Allowance


House Rent Allowance


Transport Allowance


Professional Allowance

Rs. 800

Special Personal Allowance

Rs. 1561

Gross Salary


Net Deduction


Net Salary


Check our  Budget Analysis E book Here.
  Population More Than 45 lakhs Population Less Than 45 lakhs
Basic Pay Rs 11765 Rs 11765
Dearness Allowance Rs 5311 Rs 5311
Travel Allowance Rs 425 Rs 425
Special Allowance Rs 911 Rs 911
House Rent Allowance Rs 1176 Rs 1058
Total IBPS Clerk Salary Rs 19588 Rs 19470

Once the 11th Bipartite Settlement is levied, employees can expect an increment of 20% to 30% in the salary for IBPS Clerk post.

Check the list of best books for IBPS Clerk here!

Also, read for more information:

IBPS SO Salary IBPS RRB Clerk Salary IBPS RRB PO Salary SBI Apprentice Salary SBI Pharmacist Salary

IBPS Clerk In-Hand Salary

In-hand salary is what is received by the employee after all the deductions. IBPS clerk have a handsome in-hand salary. The In-hand salary for the IBPS Clerk is Rs. 19,461 for those who join initially which increases as the number of years of service keep increasing.

IBPS Clerk Allowances and Benefits

Apart from a handsome amount of salary IBPS Clerk also enjoy various allowances and benefits which are as follows:
  • Dearness Allowance: This component is 4 per cent of the Basic Pay. DA depends on the CPI and is revised after every three months.
  • Travel Allowance:  The official tours and travels will be reimbursed by the bank.
  • Medical Allowance: For IBPS Clerks, the amount is fixed at INR 2000. Medical allowance is provided once in a year.
  • House Rent Allowance: The HRA is dependent on the location of the posting. It is 8.5 per cent of the Basic Pay for Metro Cities, 7.5 per cent of the Basic Pay for cities having a population of more than 5 lakhs, and 6.5 per cent of the Basic Pay for other cities.
  • Personal Allowance
  • Other Allowances  

Also, read for more information:

IBPS SO Salary IBPS RRB Clerk Salary IBPS RRB PO Salary SBI Apprentice Salary SBI Pharmacist Salary

The details of allowances are as follows:
Dearness Allowance Rs.5209.82/-
Special Allowance Rs.4118/-
Transport Allowance Rs.757.08/-
CCA Rs.0/-
House Rent Allowance(HRA) Rs.2039.75/-
Gross Pay Rs.32,024.65/-

IBPS Clerk Job Profile

The candidates can check out the IBPS Clerk Job Profile in the space below:

  • An IBPS Clerk has to verify various documents and proofs submitted by the customers

  • Their work is to update the passbook of account holders

  • IBPS Clerks are responsible for the bank cash, various important documents, keys etc.

  • They sanction the withdrawals by the customers

  • Their work is to maintain the various documents of the banks, balance sheet and ledger entry

  • They help in resolving the problems faced by the customers.

IBPS Clerk Career Growth 

The IBPS Clerk gets promoted either on the basis of seniority or clearing the departmental exams held by the bank. Candidates who get promotions based on their seniority level do not require to clear the departmental exams like JAIIB and CAIIB Diploma. But the candidates who clear the JAIIB and CAIIB exams are promoted to the Trainee Officers level and then the Bank Probationary Officers (PO). 

The career and promotion opportunities that follow post the IBPS Clerk post are given below:

  • Scale 1 – Officer / Assistant Manager
  • Scale 2 – Manager
  • Scale 3 – Senior Manager
  • Scale 4 – Chief Manager
  • Scale 5 – Asst. General Manager
  • Scale 6 – Deputy General Manager
  • Scale 7 – General Manager.
The incentives offered to employees as well as the IBPS Clerk salary rise with each advancement. To be eligible for promotions in this field, an individual must pass written tests and internal interviews.

IBPS Clerk Responsibilities

It must be noted that with the salary of IBPS Clerk and the benefits provided to an employee working in the clerical cadre, the responsibilities are also very high.

Dealing with customers is the main duty of an IBPS Clerk. A clerk's duties include responding to client questions, educating clients on the necessary paperwork and formality, and supporting Senior Managers.

The various responsibilities that come along with the post of IBPS Clerk are as follows:

  1. Verification of multiple documents and proofs submitted by the customers.
  2. Passbook, Demand Drafts (DDs), bank accounts for the customers, cash receipts, etc.
  3. Resolving the various issues of the customers.
  4. Guiding customers relating to various banking activities.
  5. Passbook update
  6. Managing the cash deposits and withdrawals
  7. Attending treasury works
  8. Single Window Operation

How much does an IBPS Clerk make per month?

A IBPS Clerk makes at least Rs 25,000 to Rs 27,000 per month.

What is the basic salary of an IBPS Clerk?

The basic salary of an IBPS Clerk is Rs.13075.  

Which is the minimum pay scale for a Clerk in any Indian bank?

The minimum pay scale for a Clerk in any Indian bank is Rs 11765-655/3- 13730-815/3- 16175-980/4- 20095-1145/7- 28110-2120/1- 30230/1310-1- 31540.

Do you get a salary after the IBPS Clerk exam?

No salary is only received once the candidate joins the department as a Clerk. 

Is there any career growth for the IBPS Clerk?

Yes, the candidates can appear in the internal exam and seek promotions to the posts of Officer/Assistant Manager, Manager, Senior Manager and Chief Manager.

Free E Books