Best IBPS Clerk Exam Coaching

Best IBPS Clerk Officer Exam Coaching

Institute of Banking Personnel Selection (IBPS) is a Recruitment body that was started with an aim to encourage the recruitment and placement of young graduates in Public Sector Banks in India. It also provides standardized systems for assessment and result processing services to organizations.

IBPS offers its services to banks in the public and private sectors, regional rural banks, and foreign banks. It also serves other financial institutions, including co-operative banks, insurance companies, academic institutions, and both private- and state-owned companies.

Every year, IBPS conducts the Recruitment Process to fill Clerical Cadre Officer Vacancies in participating organizations.

IBPS Clerk Recruitment Notification will be released once in a year, mostly between September and October Months.

IBPS Clerk Job Profile

A Clerk mostly assigned to a Branch or Regional / Zonal / Head Office of the Bank will be a ‘Single Window Operator’ who performs daily office and accounts related tasks in a bank.

As clerk is the first point of contact for inquiries & guidance, you will deal with the front desk work and customer handling operations.

There are various other clerical roles you could be involved in as a bank clerk to help keep the bank in order. Bank Clerk Post will be categorized as Interest Clerk, Loan Clerk, Statement Clerk, Exchange Clerk, Security Clerk & Bookkeeping Clerk.

Just like any other business, banks need help with general tasks, such as data entry, filing, mail handlers, and messengers.

Read further to know more on job profile of a bank clerk.

  • Single window operations like managing inquiries, withdrawal, managing receipts
  • A clerk also deals with opening new accounts, cash collection, issuing bank statements and handling emails and delivery.
  • Handling deposits and cash withdrawals
  • Taking charge of the receipt of cheques, drafts, dividend warrants, and pay orders
  • Ensuring payment clearances
  • Maintaining a daily record of balance
  • Maintaining ledger, balance tally, data entry, ESI stamps
  • Typing necessary information about bank
  • Issuing chequebooks
  • Marketing of financial products of the Bank such as loans, mutual funds, deposits, schemes, etc.

IBPS Clerk Salary & Perks

An IBPS Clerk will receive an exalted salary along with Special allowances such as Dearness Allowance (DA), CAA, House Rent Allowance (HRA), Transport Allowance (TA) etc.

According to the Bank and Location of the Branch, the Pay Scale of the IBPS Clerk will naturally oscillate between Rs 14,000 – Rs 22,000. 

Basic Pay of the IBPS Clerk will be Rs. 10,400 – 14,300/-

Dearness Allowance: DA is revised quarterly and is based on the Consumer Price Index as declared by the banks i.e. DA can go up with higher CPI and vice versa.

House Rent Allowance: House Rent Allowance will be allotted to you according to the place of posting. And it can be 6.00% to 7.50% of the salary depending upon metros, big cities, and other locations.

Medical Allowance: This allowance is paid annually and for an IBPS clerk, it is fixed at Rs 2000.

An IBPS Clerk also gets transport allowance which is approximate of Rs. 400/-.

Promotion

IBPS Clerk works for a period of six months under the probation period.

After serving for 1 year you will be subjected to an increment of Rs. 400/- to Rs. 500.

Promotional Examinations will be conducted once every 6 months.

So, after writing the Promotional Exams, he/she will be promoted to the Trainee Officer Cadre.

On successful completion of the Promotional Exams, after two years of the period, the IBPS Clerk Officer will get a chance to work as a Probationary Officer in the bank that changes their job profile with an increase in the salary.

IBPS Clerk coaching in RACE Institute

Crack & Become an IBPS Clerk

Pay One Time Fee: Rs. 13000/- 

& Get Coaching for all Bank & Insurance Exams

(Additional 18% GST)

– 100% Result Oriented Coaching

– Expert Staff members & Mentor Support

– 6 Level Practice Programs

– Online Lab & Library Support

– Huge & Exam Oriented Material handouts 

– Practice Here till you get placed (Life-long Validity)

RACE Institute, a pioneer Institute for Bank & Govt Competitive Exams provides the Best coaching for IBPS Clerk Examination in all the Branches of RACE Institute. 

We received “6 Best Competitive Exams Coaching Institute in India” award from Time of India & other organizations like Blindwink.in, Praxis Media, etc.

RACE offers Computer Lab, Online Exams, Library, SOLO Lab, Practice Village, 6 Level Practice Programs, Mock Interview and Study Material Handouts with experienced staff members.

Students joining in RACE to get Coaching for IBPS Clerk Officer Exam could able to crack all the Bank Examinations conducted by IBPS, SBI, RBI, NABARD & Pvt Sector Banks, as well as the Insurance Examinations conducted by LIC, GIC, NICL, NIACL Insurance Companies etc.

Because the IBPS Clerk Bank Exam covers almost 80% of the syllabus of all the exams mentioned above. So, any Banking aspirant who is getting Coaching for IBPS Clerk could crack all Bank & Insurance Exams easily with a little more effort.

By keeping that in mind, we are offering Bank & Insurance Exam Coaching for just Rs. 13000/-. We strongly believe that our Coaching methodology, Facilities & Practice Programs in RACE Institute will surely make you crack these exams.

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IBPS Clerk Selection Procedure

IBPS Clerk Exam Pattern

The Selection Process of the IBPS Clerk Recruitment will be carried out in two stages, the first one is Preliminary Examination, second is the Main Examination conducted by IBPS.

IBPS Clerk Preliminary Exam Pattern

Sr. No.

Name of Tests

No. of Qs

Maximum Marks

Duration

1

English Language

30

30

Composite time of 1 hour

2

Numerical Ability

35

35

3

Reasoning Ability

35

35

 

Total

100

100

 

IBPS Clerk Mains Exam Pattern

Sr. No Name of the Test No. of Qtns Max Marks

Timings

(Separately Timed)

1. Reasoning Ability & Computer Aptitude 50 60 45 Minutes
2. Quantitative Aptitude 50 50 45 Minutes
3. General English 40 40 35 Minutes
4. General / Financial Awareness 50 50 35 Minutes
  Total 190 200 160 Minutes

The above tests except for the Tests of English Language will be available bilingually, i.e. English and Hindi.

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