IBPS Clerk Salary Structure 2024 offers an attractive package, making it a preferred role for banking aspirants. Apart from the competitive salary, clerks are also entitled to various allowances like DA, HRA and transport allowance. Along with a stable job profile, IBPS Clerks also enjoy growth and promotion opportunities in the banking sector, making it a perfect career option. This article provides detailed information about the salary structure, allowances, job profile and promotion prospects for IBPS Clerks in 2024.
IBPS Clerk Salary Structure 2024
Starting basic salary Rs. 24050 and the monthly salary package of IBPS Clerk falls under the range of Rs. 35000-Rs. 39000. The pay scale after 12th bilateral agreement is as follows: Rs. 24050-1340/3-28070-1650/3-33020-2000/4-41020-2340/7-57400-4400/1-61800-2680/1-64480 (20 years). The entire IBPS Clerk salary structure is discussed in the table below breaking down the details and their amount.
Also check, IBPS Clerk Mains Admit Card 2024
IBPS Clerk Salary 2024: Overview
Here is an overview of IBPS Clerk Salary 2024, summarizing key details about IBPS Clerk Salary 2024 including basic pay, allowances, language of exam and other important information.
| ibps clerk salary 2024 | |
|---|---|
| Organization | Institute of Banking Personnel Selection (IBPS) |
| name of exam | ibps clerk exam 2024 |
| Post | clerk |
| Social class | Salary |
| vacancy | 6128 |
| basic salary | Rupee. 24050 per month |
| pay scale | Rs.24050-1340/3-28070-1650/3-33020-2000/4-41020-2340/7-57400-4400/1-61800-2680/1-64480(20 years) |
| allowance | Dearness Allowance, House Rent Allowance, Special Allowance, Transport Allowance |
| language of examination | english and hindi |
| official website | www.ibps.in |
| whatsapp official channel | Join Our Social media |
| telegram official channel | Join Our Social media |
Also read, ibps clerk result 2024
ibps clerk salary slip
IBPS Clerk Salary Slip provides newly appointed candidates with detailed details of their starting salary including deductions and allowances. Candidates can find out their net in-hand salary by understanding the deductions from the gross salary, which includes basic pay and allowances. Latest IBPS Clerk Salary Slip for March month is provided in the below section.
ibps clerk salary cut 2024
There are certain deductions while calculating net in-hand salary, some of which are statutory and some are mandated by organizations. Statutory deductions are contributions to provident fund, NPS etc. Other deductions like professional tax, death relief fund etc. These deductions are subtracted from the gross salary to arrive at the net salary.
| IBPS Clerk Salary 2024: Deductions | |
| Description | amount |
| pension fund contribution | 2886 |
| death relief fund | 40 |
| Professional tax | 60 |
| Total | 2986 |
ibps clerk salary increase
Given below is the sum of basic pay which forms the total ibps clerk salary, This implies that the minimum basic salary for IBPS Clerk is Rs 24050 with increment every year.
IBPS clerk salary after 12th bilateral agreement
Candidates who have submitted their application forms for 6128 vacancies of IBPS Clerk must be curious to know the IBPS Clerk Salary after 12th Bilateral Settlement. As mentioned in the 12th BPS, the salaries of employees working in public sector banks will increase by 17%. In the table below, we have highlighted the pay scale of IBPS Clerks before and after the 12th bilateral agreement.
| ibps clerk pay scale | |
| Before 12th BPS | After 12th BPS |
| Rs.19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920 | Rs.24050-1340/3-28070-1650/3-33020-2000/4-41020-2340/7-57400-4400/1-61800-2680/1-64480(20 years). |
ibps clerk allowances
IBPS Clerk Exam Analysis 2024, 31st August Shift 1
IBPS Clerk Exam Analysis 2024, 31st August Shift 2
ibps clerk job profile
- Verify documents and statements Deposited by the clerk in the bank.
- Updating bank passbook at regular intervals.
- A clerk is also responsible for bank cash Various bank documents etc.
- He approves the withdrawal by the customer.
- He keeps giving different types of statements Bank balance sheet, ledger, etc.
- He provides information on various Government schemes and solution to customer problems.
- I am attending Treasury functions, distribution of cash, deposit of cash and other miscellaneous functions.
Clerks are also known as single-window operators. They help the customer by guiding them through various rules and formalities. They act as the point of contact for customers. A clerk performs a variety of roles. They work as loan clerks, account clerks, data entry clerks, office clerks, etc.
ibps clerk promotion
IBPS Clerk provides ample avenues for personal and professional growth. When a person works as a bank clerk he learns different ways of functioning of the bank and gets opportunities to prove his ability and worth. A clerk must serve for a minimum period of 3 years before applying for promotion. After this he gets a chance to develop himself.
IBPS Clerk promotion based on experience and seniority. They have to qualify a written examination which is conducted internally. Clerks get a chance to become trainee officers and then probationary officers. They do not need to apply from JAIIB and CAIIB.
If any candidate is applying He must have a Diploma from Indian Institute of Banking and Finance through JAIIB and CAIIB.
Now, when you have got to know about IBPS Clerk Exam Pattern, IBPS Clerk Syllabus and IBPS Clerk Job Profile and Growth, there is no need to wait to start your preparation. Start them immediately.
IBPS Clerk Career Growth
A clerk plays a very important role in a bank. He is the face of the bank because he deals directly with the customer, and manages all the cash. Apart from all the IBPS Clerk salary and benefits, they get the opportunity to learn a lot about banking operations.
- bank clerk
- Officer/Assistant Manager
- Manager
- senior manager
- chief Manager
- Endure. general manager
- Deputy General Manager
- general manager
IBPS Clerk Salary: Know Annual Package
The salary structure for clerk posts in the bank is attractive, offering a competitive annual package. As per the latest pay revision, various facilities and allowances are provided in addition to the basic pay. The starting annual package for IBPS clerks is as follows Rupee. 4.00 Lakh to Rs. 4.50 lakhThis varies depending on bank policies and location of service. The annual package ensures financial stability and growth opportunities, making it an attractive career option for banking aspirants.
