IBPS Clerk Job Profile, Salary, Extra Allowances and Promotion Details
IBPS Clerk Salary
|Places with Population > 45 lakhs||Below 45 Lakhs|
|CCA||Rs. 0/-||Rs. 0/-|
|Total (without HRA)||Rs.18413.37/-||Rs.18413.37/-|
|Gross with HRA||Rs.19589.87/-||Rs.19472.22/-|
IBPS Clerk Allowances
Dearness Allowance: In bank job, 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.
House Rent Allowance: This varies according to bank clerk’s place of job. And it can be 8.50%, 7.50% and 6.50% 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.
After the 10th Bipartite Wage Settlement of 2015, a bank clerk is entitled to get a salary of Rs 21,990 with in-hand salary of Rs 19,461.
Promotion for an IBPS clerk
IBPS Clerk works for a period of six months under the probation period.
After writing the Promotional Exams with successful results, he will get promoted as a Trainee officer Cadre.
After the two years time period, they get a chance to work as an Officer in the bank that changes their job profile with an increase in the salary.