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IBPS Clerk Salary 2021: Check in-hand salary, payscale, allowances, benefits

Safalta Expert Published by: Himani Mehra Updated Tue, 13 Jul 2021 11:20 AM IST

Highlights

Know the IBPS Clerk Salary 2021 along with the perks and Allowances. Get an idea of the Basic Pay and Growth Prospects of the Clerk in Indian PSBs. 
Source: safalta.com

The candidates who join the IBPS Clerk in different Indian banks are subjected to receive a handsome IBPS Clerk Salary. The candidates get a salary as per the basic pay decoded by the banks. According to the official notification, the IBPS Clerk are provided with a handsome salary which ranges from  Rs. 11,765 to Rs. 31,540. Along with the basic pay, IBPS Clerk staff are also allowed with major allowances like DA, HRA, TA, and Medical allowances. The In-hand salary for the IBPS Clerk is Rs. 19,461 for those who join initially.

Along with the basic salary, the candidates also get a lot of benefits in terms of career growth of the candidates. The candidates can attempt JAIIB and CAIIB exams to get promotions in the bank on higher posts. The candidates can check the basic job profile, IBPS Clerk Salary 2021, Career growth, etc on this page.

 

IBPS Clerk Salary

The main reason behind candidates opting for the IBPS Clerk is the salary structure which ranges from Rs. 11,765 to Rs. 31,540. The In-hand salary for the IBPS Clerk is Rs. 19,461 for those who join initially. The salary of the Bank Employees was revised on January 01, 2016, on the basis of bipartite settlement. Apart from this, the IBPS Clerk staffs are also allowed with major allowances as listed below:-

  • Dearness Allowances

  • House Rental Allowances

  • Medical Allowances

  • Travel Allowance

 

IBPS Clerk salary

Pay in Rupees

Pay-Scale

Rs 13075

Dearness Allowance

7073

House Rent Allowance

980

Transport Allowance

425

Professional Allowance

800

Special Personal Allowance

1561

Gross Salary

Rs 25,000- Rs 28,000

Net Deduction

Rs 2000

Net Salary

Rs 22,000-Rs 25,000

 

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 Eligibility IBPS Clerk Syllabus Best Books For IBPS Clerk IBPS Clerk Notification

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IBPS Clerk Career Growth 

The IBPS Clerk get 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 promotion order for the IBPS Clerk are as follows:-

  • Bank Clerk

  • Officer/Assistant Manager

  • Manager

  • Senior Manager

  • Chief Manager

  • Asst. General Manager

  • Deputy General Manager

  • General Manager

 

IBPS Clerk Salary FAQs

Ques 1: How much does an IBPS Clerk make per month?

Ans 1:  A IBPS Clerk makes at least Rs 25,000 to Rs 27,000 per month

 

Ques 2:What is the basic salary of an IBPS Clerk?

Ans 2: The basic salary of an IBPS Clerk is Rs.13075. 

 

Ques 3:Which is the minimum pay scale for a Clerk in any Indian bank?

Ans 3: 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.

 

Ques 4:Do you get a salary after the IBPS Clerk exam?

Ans 4: No salary is only received once the candidate joins the department as a Clerk.

 

Ques5:Is there any career growth for the IBPS Clerk?

Ans 5: 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.

Also read

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

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