IBPS Clerk Salary and promotion

IBPS Clerk Salary- How Much Salary Clerks Get, Know All Detail

A large number of vacancies are filled through the IBPS clerk exam. Let’s know about IBPS Clerk Salary structure and future promotion.

The Institute of Banking Personnel Selection (IBPS) conducts examinations every year to fill clerk posts in various banks across the country.

Those who have graduated from any recognized university can apply for this examination.

The exam is conducted in two stages for the recruitment of clerk.

Prelims are conducted in the first phase and the main examination in the second phase.

IBPS Clerk Pay Scale

IBPS Clerk Salary in hand

The minimum basic pay is Rs 11,765 while the maximum is Rs 31,540. The initial basic pay is Rs 11,765 and an annual increment of Rs 655 is given every year for three years.

After 3 years, the basic pay is Rs 13730 and for the next three years, an increment of Rs 815 is given every year.

After the next four years, the basic pay is 20,095 and for the next 7 years, every year, Rs 1145 is given as increment.

After the next seven years, the basic pay is Rs 28,110 and the next year one gets Rs 2,120 as an increment.

The next year’s basic pay is Rs 30,230 and next year it gets Rs 1,310 as an increment.
The next year the basic pay is Rs 31,540, which is the maximum basic pay.

Rs. 11765-655/3

Rs. 13730-815/3

Rs. 16175-980/4

Rs. 20095-1145/7

Rs. 28110-2120/1

Rs. 30230/1310-1-31540

IBPS Clerk Salary structure

IBPS Clerk Salary structure

DetailsPlaces with more than
4.5 million population
Places with less than
45 lakh population
Basic Pay                                                                           11,765.00                                                                11,765.00
dearness allowance                                                                             5,311.00                                                                  5,311.00
transportation allowance                                                                                 425.00                                                                      425.00
Special allowance                                                                                 911.00                                                                      911.00
House rent allowance                                                                             1,176.00                                                                  1,058.00
Total                                                                      19,588.00                                                                19,470.00

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