IBPS Clerk Salary: Check In Hand Salary, Job Profile, Promotion & Others

IBPS Clerk Salary 2021: Details regarding the IBPS Clerk Salary In Hand, Payscale, Salary Structure, Allowances, Job Profile, and Promotion are available here!!! Banking aspirants who have eagerly prepared for the IBPS Clerk exams shall go through this article fully and know the complete details.


 Every year one of our private recruitment agencies, the Institute of Banking and personnel selection has released the official notification for the recruitment of Bank jobs. The notification is especially for the posts of Probationary Officer, Clerk & Specialist Officer for various public sector banks. Among that one of the most important recruitment notifications is IBPS Clerk Exam. This is due to a lot of vacancies having been notified. So there is a great demand among the banking aspirants. They have started to prepare for the upcoming exams.


 IBPS Clerk is an entry-level position in public sector banks. The IBPS Clerk jobs come up with a decent pay scale and consistent career growth and promotions. But before that many of the candidates don’t have a clear vision about the salary for IBPS clerk?’ To clarify your doubts here in this article we have given the complete details in clear-cut. Along with that we have clearly mentioned the IBPS clerk salary in hand. If the aspirants have cleared in the salary details then it will make him prepare with dedicatedly and get success on their career path. So your work is to start preparing for the exam with a planned streamline to grab this wonderful job.

 IBPS Clerk Salary Structure 2021:

IBPS Clerk Salary Details

Facilities Places with Population > 45 lakhs Below 45 Lakhs
Basic Pay Rs.11765 Rs.11765
Special Allowance Rs.911 Rs.911
DA Rs.5311 Rs.5311
Transport Allowance Rs.425 Rs.425
Total (without HRA) Rs.18413 Rs.18413
HRA Rs.1176 Rs.1058
Gross with HRA Rs.19589 Rs.19472


IBPS Clerk PayScale & Increments:

Initial Basic Pay Rs 11765 with a yearly increment of Rs 655 for three years.
Basic Pay after 3 years Rs. 13,730 with a yearly increment of Rs 815 for the next three years.
Basic Pay after the next 3 years Rs. 16,175 with a yearly increment of Rs 980 for the next four years.
Basic Pay after the next 4 years Rs. 20,095 with a yearly increment of Rs 1145 for the next 7 years.
Basic Pay after the next 7 years Rs. 28,110 with a yearly increment of Rs 2,120 for the next one year.
Basic Pay after the next 1 year Rs. 30,230 with a yearly increment of Rs 1310 for the next one year.
Basic Pay after next year Rs. 31,540 (maximum Basic Pay).
The minimum basic pay of an IBPS Clerk is Rs. 11,765/- and the maximum goes till Rs. 31,540.
IBPS Clerk Payscale: 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230/1310-1-31540.


IBPS Clerk Allowances:

 Besides the IBPS clerk salary 2019 in hand, there will be various allowances. As per the norms, the IBPS Clerk allowances details are given below,

  • Dearness allowance (DA) – The dearness allowance will be 4% of the basic pay. The value of the dearness allowance will vary according to the Consumer Price Index (CPI). It is notable that for every 3 months the consumer price index will be revised
  • Housing Rent Allowance (HRA): It will be in the range of 7% to 9% of the basic pay. It may vary according to the place of posting.
Cities HRA%
Metro Cities 8.5
Cities With Population More Than 5 Lakhs 7.5
Other Cities 6.5


  • Medical allowance – For IBPS Clerk Rs. 2000 per annum is the fixed amount provided as the medical allowance.
  • Special Allowance – It will be 7.5% of the basic pay. After one year it will have an increment in the range of Rs.400 to 500.
  • Travel Allowance – The travel expenses will be reimbursed by the bank.


IBPS Clerk Salary In Hand:

IBPS Clerk Salary In Hand at entry-level varies from Rs.19,000/- to Rs.22,000/- per month. However, the salary increases with the years in service.


IBPS Clerk Job Profile:

IBPS Clerk Job profile consists of the following Roles and Responsibilities. After joining as a clerk in any public sector banks you have the roles and responsibilities to do. A person in the clerical cadre is the primary one who is responsible for the banking related queries and issues. Clerk’s job is known as a single-window operator because they deal with the front desk work and customer handling operations.

The Job Responsibilities of an IBPS Clerk is given below.

1 A clerk also deals with opening new accounts, cash collection, issuing bank statements, and handling mails and delivery.
2 Updating the passbooks of account holders
3 To manage inquiry corners, receipts, withdrawal, etc.
4 Issuing of Demand Drafts (DDs), bank accounts for the customers, cash receipts, etc.
5 Providing guidance to customers relating to various banking activities
6 Maintaining the various documents of the bank, balance sheets, ledger, etc.
7 Attending to treasury works
8 Verification of various documents and proofs submitted by the customers
9 Sanctioning of withdrawals by the customers
10 Resolving the various issues of the customers
11 Responsible for bank cash, various important documents, keys, etc.


IBPS Clerk Promotion & Career Growth:

Aspirants after getting into the bank career, are expecting the rewards in the form of increment and promotion. IBPS Clerk comes up with consistent career growth and promotion along with a good salary, permanent job, and other perks. As a bank clerk, based on the performance and contribution to the bank, there are many chances of growth. When a person works as a bank clerk he learns the different ways of bank functions and chances to prove their skill and ability. A clerk has to serve for a minimum period of 2 years or 3 years in some banks then only they will be eligible for the promotion. Promotions are given the following two processes:

  1. Normal/Seniority process
  2. Merit-based/Fast track process


Normal Process: IBPS Clerks are given promotions based on their experience and seniority. However, they will have to clear the written exam conducted internally. Candidates who get promotion through this process don’t need JAIIB and CAIIB Diploma.


Merit-Based Process: Under this, the candidates must hold JAIIB and CAIIB diploma from the Indian Institute of Banking and Finance (IIBF).

1 Clerk
2 Officer
3 Senior Officer
4 Assistant Manager
5 Manager
6 Senior Manager
7 Chief Manager
10 GM


Those who join through the PO Programme will get directly as an Assistant Manager cadre post-confirmation as Management Trainee.

Scale 1 Assistant Manager
Scale 2 Manager
Scale 3 Senior Manager
Scale 4 Chief Manager
Scale 5 Assistant General Manager
Scale 6 Deputy General Manager
Scale 7 General Manager