|
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/- |
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.
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.
Share on facebook Share on whatsapp Share on twitter Share on telegram Share on linkedin Share on email Daily Current Affairs – Banking – October 04, 2023 Dear Banking Aspirants, Prepare for the Daily Current Affairs with Veranda Race who is the pioneer in the Banking Exam Coaching. Current Affairs section is one of the
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