IBPS Recruitment Guide

Your Banking Exam Preparation Guide 2017 - 2018

IBPS Clerk Salary 2017 Latest Promotion Allowances (After Wage Revision)

IBPS Clerk Salary and Promotion, Allowances, After Revision + Increment Complete Guide

What is IBPS Clerk Salary? आईबीपीएस क्लर्क की सैलरी – Institute of Banking Personnel Selection (IBPS) has already out its schedule for IBPS Clerk 2017 exam which is proposed to held at the end of this year. Approx 8.5 lacs students participate in this IBPS Clerk Recruitment (CWE VII).

After discussing IBPS Clerk notification and syllabus, we are posting this article to answer your most searched query. We are talking about the salary part in banks as you all wish to know about ‘What will be the salary for IBPS Clerk?’

All candidates who are starting their Preparation of IBPS Clerk Exam they should better understand IBPS Clerk Job Profile (Responsibilities + Duties) and salary after clearing IBPS clerk exam before applying for it.

Here we discuss more on IBPS Bank Clerk salary in hand facilities, allowances, grade pay, salary after probation period, salary after 10th bipartite wage revision and 7th pay commission, etc. Free IBPS Clerk Mock Test Series.

IBPS Clerk Salary Structure in detail

आईबीपीएस क्लर्क वेतन का ढाचा – After Selection of IBPS Clerk you will be held under a training period. In which you learn all necessary clerk job profile work such as Handling deposit and withdrawal cash, Payment clearance, a daily record of balance, receipts collection, ledger maintenance and data entry works, etc.

IBPS Clerk Salary during training not more than Rs. 10000. And will differ after recruiting in various IBPS Clerk participating banks according to the bank policy. Most of the students ask these question many times such as

Note – Given table below on approximate values actual may vary for Bank Clerk Salary through IBPS. Check IBPS Clerk salary with Basic Pay, DA, HRA, Special Allowance, Transport Allowance and Gross salary, etc.

IBPS Clerk Salary and Perks 2017
Facilities Places with Population > 45 lakhs Below 45 Lakhs
Basic Pay Rs.11765/- Rs.11765/-
Special Allowance Rs.911.79/- Rs.911.79/-
DA Rs.5311.58/- Rs.5311.58/-
CCA Rs. 0/- Rs. 0/-
Transport Allowance Rs.425/- Rs.425/-
Total (without HRA) Rs.18413.37/- Rs.18413.37/-
HRA Rs.1176.5/- Rs.1058.85/-
Gross with HRA Rs.19589.87/- Rs.19472.22/-
IBPS Clerk Online Application Form IBPS Clerk Syllabus 2017

IBPS Clerk Salary and Allowances

All candidates who apply for IBPS Exam 2017 for Clerk post they have to check complete details about IBPS Clerk monthly salary and Other Benefits and Perks Available to Bank Clerk (बैंक क्लर्क के अन्य लाभ और भत्ते).

A Bank Clerk is entitled to get some allowances in addition to basic pay which is same in almost all the Public Sector Banks in India.

The Basic Pay Scale of IBPS Clerk is Rs 11,765 – Rs 42,020. Here Rs 11,765 is the Basic pay. The main allowances that a Bank Clerk gets are following:

  1. Dearness Allowance (DA): In Bank, DA is revised quarterly and is based on CPI as declared by the banks i.e. DA can go up with higher CPI and vice versa.
  2. House Rent Allowance (HRA): This varies according to Clerk’s place of posting. And it can be 8.50%, 7.50% and 6.50% depending on metros, big cities, and other locations.
  3. Medical Allowance: This allowance is paid annually. And for a clerk, it is fixed at Rs 2000.
  4. Transport Allowance (TA) – It is also an additional amount on IBPS Clerk take home salary.
  5. IBPS Clerk cash in hand salary: Rs 19,461.

IBPS Clerk Salary After 11th Bipartite Settlement

Most of the bank employees are waiting for IBA Bipartite Settlement (द्विपक्षीय निपटान). After it, we are expecting minimum increment to the basic pay 20% to 30%. Check How much Salary of Bank Clerk after wage revision? OR How much salary of IBPS Clerk after 11th bipartite settlement?

Increment (%) Basic Pay Total Gross Salary
15% Rs.14,733/- Rs.20,450/-.
20% Rs.15,374/- Rs.21,339/-
25% Rs.16,015/- Rs.22,228/
30% Rs.16,655/- Rs.23,117/-

IBPS Clerk Salary After Revision

After the 11th Bipartite Wage Settlement of 2015, a bank clerk is entitled to get a salary of Rs 21,990 within hand salary of Rs 19,461. With the Govt. setting up the stage for 11th wage revision talks, now IBA & Employee union associations must start the formal process.

7th Pay Commission Effect on IBPS Clerk Basic Salary

The Government Bank Employees are expected to get the best Salary from 2017. The compensation of Indian financiers (bankers) is expected to be expanded by 2017. Indeed, even as we all know that Seventh Pay Commission is good to go to execute and with that the difference between Govt representative compensation and financiers will be considerably more profound.

This news about the expansion of investors pay had begun after Dept. of Financial Services issued notification for Next compensation (Wage Revision) correction out in the open segment banks (Public sector banks) on 12.01.2017. Then Now what is the clerk salary in the bank?

The new salary structure for bank jobs shall be valid from 1.11.2017, as the previous agreement was dated 11.2012.

IBPS Clerk New Salary Scale for Bank Jobs & Demands:

Grade Existing Basic Pay Revised Basic Pay Annual Increment – New
Starting Closing Starting Closing
Clerk Rs. 11765 31540 30000 68900 1500/3 – 1900/8 – 2400/8
IBPS Clerk Exam Pattern 2017 IBPS Clerk Previous Question Papers

IBPS Clerk Salary Increment + Promotions and Career Opportunities

After being selected on a “Clerk” post aspirants looking forward to a fruitful Career in public sector banks. First of all, you will be under training period for understanding the routine daily tasks as a Clerk Officer. As you gain experience in your field, you will get plenty of opportunities to a bank to get promoted and reach the senior post.

How to Crack Bank Clerk Exam Without Coaching? Difference Between IBPS Clerk and IBPS PO Salary

The scope of Promotion: Every year approx 60,000 -70000 clerks appoint in PSBs. Some of the banks encourage you on a higher level officer job within a year. Thus those who join as clerks may be promoted as officers, as per banks norms. For bright candidates, in some banks, this promotion from a clerk to an officer is possible in a period as short as one year.

There are seven scales in officer cadre:

  • 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.

It is to be noted that promotion of an individual is judged by the performance of an individual.

English Preparation Tips for IBPS Clerk Reasoning Preparation Tips for IBPS Clerk
GK Preparation Tips for IBPS Clerk IBPS Clerk Time Management Tips

Hope this IBPS Bank Clerk Salary complete guide clear your all doubts. If you have any questions regarding this, you can comment below. And for any suggestion OR query share your experience here.

Free IBPS Mock Test

Also, Check related posts of Latest IBPS Clerk salary 2017 and IBPS exam.

IBPS Exam Updates 2017
IBPS Clerk Exam Dates IBPS PO 2017
IBPS Clerk Books IBPS Syllabus 2017
IBPS Clerk Admit Card IBPS Pattern 2017
IBPS Clerk Result IBPS Question Papers
IBPS Clerk Exam Centers IBPS Clerk Negative Marking

413 Comments

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  1. Hello sir ibps clerk me interview hota hai..?

    1. Hello Dipti, IBPS Clerk Me Interview Nahi Hota.

  2. Sir, sirf basic computer aur graduation hone ke baad hum clerk exam de sakte hai kya. Ye exam online hoti hai kya? Plz guide me.

    1. Yes, Sarika tum IBPS Clerk ka exam de sakti ho.
      IBPS Clerk exam online hota hai.

  3. Mahi Sir. I’ve just completed bsc computer science…am i eligible for SO test???

    1. Yes, Amal, You are eligible for IBPS SO Exam.

  4. Hello sir I have completed my graduation soo how can i apply for ibps exam.. currently I’m working in icici bank as a s.o

  5. Sir,I completed my UG(B.Tech IT).current i have 1 backlog arrear ..Can I Apply ibps clerk

    1. Shalini, Firstly you should clear your backlog after that you can apply for IBPS Clerk.

  6. sir I have completed MBA (finance) from distance and I m fresher. can I apply for ibps so. I m finance specialized which types of SO post I eligible for.
    plz. tell me soon…..

    1. Yes, Rajendra you can apply for IBPS SO.

  7. sir mene BBA kiya h nd meri 58% h to plz tell me can i apply for ibps clerk job

    1. Yes, Yogesh, you are eligible.

  8. Salary of ibps cleark is ????????

  9. Ibps po ki salary kya hoti hai

  10. sir .Maine BA Final Kiya hai kiya me clark ka form bhar sakti hu

    1. Yes, You can apply, but you should require computer knowledge also like Computer Literacy: Operating and working knowledge in computer systems is mandatory i.e. candidates should have Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer / Information Technology as one of the subjects in the High School/College/Institute.

  11. Sir maine MBA distance education se diya hai can i apply for SO ?

    1. Yes, you can apply.

  12. Hello sir Meri education 10 hai Clark ki job Ke liye Kar sakti hu

    1. Shashi, Minimum Graduation chahiye.

  13. Netaji open university se graduation kar raha hu ibps exam de paunga

  14. what is the date of ibps clerk online application form.

    1. Roshan, It will come soon, August end or September starting week.

  15. Sir b.com 3rd part ka exam dediye hai kya mai gramin bank ka from bhar sakte hai abhi result nhi aaya hai

    1. Jab Tak result nahi aa jata form nahi bhar sakte.

  16. Hi my DOB is June 1988. Am I eligible to ibps clerk2017

    1. Hello, You are not eligible for IBPS Clerk.

  17. can correspondence( distance education) students who cmpltd bcom ,are they eligle to write ibps po and ibps clerk ?

    1. Yes, Deepthi, They are eligible.

  18. hello sir, i m 27 yrs old and i have completed my MCom graduation in 2015 2 yrs ago. i want to apply ibps clerk exam next year so can i apply next year?

    1. Hello Vidhya, For IBPS Clerk age required 20 to 28 years only If you born not earlier than 02.08.1990 and not later than 01.08.1998 then you are eligible for IBPS Clerk 2018 Exam.

  19. Sir i am ex service man graduate can i apply for ibps exam

    1. Yes, Vinod ji, you can apply.

    2. Hello sir,

      my DOB 05/08/1997… Can i apply for IBPS CLERK

      1. Hello Indra, Not eligible now try next year.

      2. U r eligible.

  20. Hello Sir
    Clerk me joining ke bad kitne time me transfer mil sakta hai..
    Or other bank me transfer ho sakta hai.?

  21. I am completed degree in bachelor of litt(tamil). I have eligible for ibps clerk exam. Pls tell.

  22. I complete b.com in saurastra university in 2017 and can i apply for ibps clerk 2017????

    1. Yes, you can apply if your university is recognized.

  23. Sir plz clear…11 bipatic me
    57000 basic salary hai ya inhand..i got selected in ibps so marketing..2017 and so ka job profile v bataye..

  24. Sir please reply , I have erroneously been mention second class instead of pass in my qualification colum in graduation and date of passing mention august 2008 instead of may 2008 in my application form. Please tell me , it would be creat any problem during document verification ?

  25. It is written that promotion is dependent on performance of an employee.
    Does the promotion is also dependent on his educational qualification?

    1. Only depends on candidates performance.

  26. hello sir , my date of birth 21/01/1989. obc-b . i am eligible 2017 ibps Clark exam??

    1. Hello Rajesh, Yes you are eligible.

    2. No jb clerk ki spelling nhi aati to kya khaak job loge

  27. sir i m doing bachelor of computer applications. 3year experience in post of block mis cordinator (govt job) i m eligible for rrb scale 2 it officer

    1. Sunil, You are not eligible now.

  28. Sir clerk me 2016-17 gn Obc sc st rajsthan ki pre and main cut off kya thi

  29. Hello sir I m completing my diploma after 12th, I m eligibal for ibps clerk post

    1. Hello Ajay, You are not eligible, minimum graduation degree required.

  30. Hello Sir,

    Sir Meri DOB 16/07/1998 hai kya mai IBPS cleark ke liye apply kr sakta hoo aur ab inke interview hote hai kya?

    1. Hello Akash, In IBPS Clerk No interview and you are not eligible for 2017 so you should try next year.

  31. I complete graduation in zoology last year with 63.5% & I’m from OBC category. Can I apply for IBPS clerk exam ?

    1. Yes, you can apply.

  32. My birthdate is 7-7-1997…can i apply for IBPS PO and CLERK 2017 ???

    1. You can apply for IBPS Clerk 2017, not IBPS PO.

  33. hello sir,
    i’ve got 50% in graduation n’I am from genral category,Am i eligible for government bank exam?

    1. Yes, You are eligible.

  34. Hello Sir,

    I wrote my graduation % as 70.34 in the application form for IBPS clerk but it’s actually 71.34%.
    Will it be an issue during the document verification?

  35. sir muze 11th and 12th mei…Information technology (computer) subject tha….so mei abhi de sakta hu na exam po or clerk ki??

    1. Hello, Omkar Yes, if you are graduated then you are eligible for IBPS PO and Clerk.

  36. sir what is the cut off marks in ibps clerk for gujarat state in both prel. & main exams for both general and obc category

  37. hello sir, am indu from Delhi i have been cleared my clerk exam of ibps 2017 and i have alloted a seat in canara bank bt till yet i didn’t get any notification from bank can u tell me when will i get their notification for document verification and all.I’ll be very thankful to you.

  38. Respected sir,
    I am a btech student .i want to apply for sbi clerk & i am from bihar state .i know hindi and english langugae.i want to apply form from maharastra .Is there any need of reginol language ? I am first apply bank form.please tell me answer.

    1. Hello, Pritam, first you have to complete your graduation after that you can apply for the post of IBPS Clerk and yes you need of regional language for Maharashtra.

  39. Hello meri age 10/11/1996 h kya m po k liye apply kr skti hu.. Plz help me sir

    1. Hello Rajni, yes you can apply.

  40. sir i am pasupathy from tamil nadu. I have a question about obc (creamy and non creamy layer). my father is working as sub inspector of police in tamilnadu police department. my question is if i am eligible for applying any bank jobs in OBC category?

    1. Hello Pasupathy, You are not eligible in non-creamy layer OBC category so you can apply with General category.

  41. Sir I am not yet 20 years but
    As results of Ibps exam declare I will pass out my degree
    Can I apply for exam this year

    1. Hello Prithviraj, if you have been born later than 01.08.1997 then you are not eligible.

  42. Sir,
    In how many years as less as possible a clerk in ibps banks can become Po ?

  43. hello sir,
    after becoming clerk..should i give ibps po exam?or there are any exams for increment?

    1. Yes, Sanket you can apply for any exam.

  44. sir, i have cleared IBPS CLERK cwe vi; been provisional alloted to CANARA bank. Sir, I have 2 question, hopeful you will ans both.
    First, result is declared on 1 Apr 2017, when joining procedure will start and how long it will take to actually join the bank. How much time they give between medical/Documents verification and joining.
    Secondly, what is the exact procedure for being promoted to officer in CANARA bank. I have done BE (Engg graduate). After how many years of joining canara bank as clerk I will be eligible for promotion. what are different criteria they look before being promoted; years of exp are only imp or I have to clear any exam also.

  45. Sir…my english is week…can i apply for IBPS PO??? I heard that PO interviews are hard is it true????

    1. Hello Mona, for English preparation, you can check here-
      Improve English Grammar for Bank Exam

  46. Sir ibps clerk ke liye rscit ka certificate kaafi h kya

    1. Yes, Rakesh it’s sufficient.

  47. I have done computer based accounting as addon during bcom…is that certificate enough?

    1. Yes, Sapna it’s sufficient.

  48. Hello sir, at present i will give my 12th board exams
    can i want to apply for clerk exam

    1. Hello Shubham, First you complete your graduation after that you are eligible.

  49. Dear sir my name is Pranaw singh, i am graduate with 66% marks and MBA in finance & marketing with 72% marks.
    I worked with yes bank in branch banking in operation profile with officer grade after 2 years promoted as senior officer, my total experience with yes bank is more than 3 years recently without any gap i have joined utkarsh small finance bank in branch banking operation profile in senior executive grade
    Am i eligible for rrb scal 2 please confirm

    1. Yes, Sir you are eligible for RRB Scale 2 Post.

  50. Hello sir I am selected in ibps clerk alloted pnb bank. But I want to join 6 months later. Is there any rule regarding this please inform me sir.

    1. Hello Nishant, You should contact your branch.

  51. sir,i have a doubt….if any bank clerk after completing jaiib/caiib get pormoted then will he get home state posting???? plezzz reply sir….

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