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IBPS Clerk Job Profile, Salary, Extra Allowances and Promotion Details

IBPS Clerk Job Profile, Salary, Extra Allowances and Promotion Details

IBPS Clerk Job Profile, Salary pay scale Extra Allowances Promotion for an IBPS clerk
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IBPS Clerk Pay Scale - Salary & Allowances 2021-22

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 Allowances 2021-22

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.

Promotion for an IBPS Clerk 2021-22

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.

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