IBPS Clerk Salary 2019 CWE Clerk Salary & Perks, Job Profile

Name of the Exam: IBPS Clerk Salary

Post Date: 12-11-2018

Total Vacancy:

Brief Information: IBPS Clerk don’t need QAIB AND JAIB diploma to get promoted and also receive good salary along with other Allowance IBPS recruitment and provides placement to the young graduates in banking sector .IBPS has given an employment notification for the recruitment of Clerk. Bank clerk is a very good post IBPS or we can say banks also prefer to promote their employee rather than hiring news once.

IBPS has recently notified almost more than 7000 clerk post. A bank clerk has different things to learn in the bank as he /she is having single window and deals with all most all type of people in the bank.

IBPS Clerk Salary 2019

Institute of Banking Personnel Selection (IBPS)




·         Not Available

Salary And Perks Details

Detailed Information of IBPS Clerk Salary 2019

The IBPS Clerk Salary is the sum of the Basic Pay and other allowances which means

The initial Basic Pay for IBPS Clerk is Rs.11, 765. The IBPS Clerk pay scale is: 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230/1310-1-31540.

This means the minimum Basic Pay for IBPS Clerk is Rs.11, 765 while the maximum is Rs.31540. And the Initial Basic Pay – Rs.11765 with yearly increment of Rs.655 for three years

And then Basic Pay after 3 years – Rs.13730 and yearly increment of Rs.815 for next three years. Basic Pay after next 3 years – Rs.16175 and yearly increment of Rs.980 for next four years .Basic Pay after next 4 years – Rs.20095 and yearly increment of Rs.1145 for the next 7 years. Basic Pay after next 7 years – Rs.28110 and yearly increment of Rs.2120 for next one year. Pay after next 1 year – Rs.30230 and yearly increment of Rs.1310 for next one year. Basic Pay after next year – Rs.31540 (maximum Basic Pay)

IBPS Clerk Also Receive Other Benefits Too

Now does you want to know the basic salary and all that allowance, here we are going to provide you.

Special Allowance: IBPS clerk receive Special Allowance that is 7.5 percent of the Basic Pay. After completing one year of service, Special Allowance will be increased by Rs.400 to Rs.500.

Dearness Allowance (DA):   In this allowance they will receive the component of 4 percent of the IBPS Clerk Basic Pay that too is depends on the CPI and is revised quarterly, i.e. after every three months.

Travel Allowance:  IBPS clerk is also receive the travelling allowance on official tours and travels that will be reimbursed by the bank

House Rent Allowance (HRA):  This will depends on the location of the posting.  It will be 8.5 percent of the Basic Pay for Metro Cities, 7.5 percent of the Basic Pay for cities having a population of more than 5 lakhs, and 6.5 percent of the Basic Pay for other cities.

Why IBPS Clerk Salary 2019?

Bank clerks would get promotion easily. Becoming a bank clerk is not easy task for this purpose an aspirants needs to have a good education background as well as various skills like typing skills , Calculation skills and book keeping.

So you should not take clerk post lightly many top bankers started their career as clerk and slowly get promoted to higher post.

After working for 2 years IBPS clerk can apply for promotion. IBPS clerk get an opportunity to get promotion after every two year.

So, aspirants do you want to know how he /she can get promoted after every two years. There are two processes to get promoted.

First is normal process and another is merit process.

Under Normal process IBPS clerk get promotion on the basic of seniority and experience but they also have to qualify the exam that is held internally and the good thing is the qualified don’t need QAIB AND JAIB diploma to get promoted the IBPS clerks become the trainee’s officers and then PO and in the merit procedure a clerk will be promoted on the basic of merit.

Important Links

IBPS Clerk Syllabus 2019 Click Here
IBPS Clerk Salary Available
IBPS Clerk 2019 Recruitment Click Here
Official website Click Here


Leave a Reply

Your email address will not be published. Required fields are marked *