IBPS Clerk/CWE Salary
To know about IBPS Clerk/CWE Salary is required for all job
seekers who have decided to apply for IBPS Clerk/CWE position. Dear job
finder please focus on the salary before proceed to
apply or get their desire position in any organization because salary is an
important think to make their and their children career on high level. So
through this web page we are going to provide info about IBPS Clerk/CWE
Salary for all applicants who have desire to know about it. 
Interested and educated aspirants are advised to read whole info
regarded to IBPS Clerk/CWE Salary from this page to take a big decision about
applying for offered position. If you are thinking about to make your career in
banking sector on offered position than you are required to paste a tag of
salary also in mind to take more initiative in applying way. On this page overall
details of Clerk/CWE Pay band are shown in simple manner for all applicants who
are on this web page right now. There is a big competition because every
educated candidate has a dream to get job in banking sector.
All job seekers who have dream to do work with Institute of Banking Personnel Selection they
must read notifications announced by IBPS time to time to know eligibility
criteria. Dear candidates all important notices of employment and other
uploaded by Institute of Banking Personnel Selection on its
official website that is www.ibps.in.
Dear job seekers if you have decided to get sure success in
selection manner of Clerk/CWE then there is more chance of you to get proper
salary associated with applied post. From here suitable and interested
aspirants will be capable to check Hand Starting Pay Scale of Clerk/CWE
and then take a benefit regarding career. All the best to all
positive thinking appliers for banking jobs!!
www.ibps.in
Clerk/CWE Pay Scale Full Details
IBPS
Clerk Salary
IBPS Clerk Pay Scale and Perks:
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 New Salary Scale:
Grade
|
Existing
Basic Pay
|
Revised
Basic Pay
|
Annual
Increment – New
|
||
Starting
|
Closing
|
Starting
|
Closing
|
||
Clerk
|
Rs.
11765
|
31540
|
30000
|
68900
|
1500/3
– 1900/8 – 2400/
|
Clerk
Salary and other Allowances:
Dearness Allowance (DA): In Bank, 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 (HRA): This varies
according to Clerk’s place of posting. And it can be 8.50%, 7.50% and 6.50%
depending on metros, big cities, and other locations.
Medical Allowance: This allowance is
paid annually. And for a clerk, it is fixed at Rs 2000.
Transport Allowance (TA): It is also an
additional amount on IBPS Clerk take home salary. IBPS Clerk cash in hand
salary: Rs 19,461.
Leased Accommodation: Aspirants, who will be
appointed for the post of clerk through IBPS, will be able to get Leased
Accommodation from recruiting organization.
Traveling Allowance: Candidates may also admissible
for Traveling Allowance according to the distance between the work place and
home.
IBPS Clerk Salary After 11th Bipartite Settlement:
- If the Indian Banks’ Association (IBA) agrees for 20% increment, Final Basic Pay will be Rs.15, 374. So, you obtain total 38.80% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk will be Rs.21, 339/- (Worst Possible Scenario)
- If IBA agrees for 25% increment, Final Basic Pay will be Rs.16,015.So, total Gross Salary of Bank fresher Clerk will be Rs.22,228/- (Somewhat Good)
- If IBA agrees for 30% increment, Final Basic Pay will be Rs.16, 655. So, total Gross Salary of Bank fresher Clerk will be Rs. 23,117/- (Good Settlement).
Increment
(%)
|
Basic
Pay
|
Total
Gross Salary
|
15%
|
Rs.14,733/-
|
Rs.20,
450/-.
|
20%
|
Rs.15,374/-
|
Rs.21,339/-
|
25%
|
Rs.16,015/-
|
Rs.22,228/
|
30%
|
Rs.16,655/-
|
Rs.23,117/-
|
Clerk Salary After Revision:
- After the 11th Bipartite Wage Settlement, a bank clerk is entitled to take a pay scale of Rs 21,990 within hand salary of Rs 19,461.
- With the Govt. setting up the stage for 11th wage revision talks, now IBA & Employee union associations must start the formal process.
Salary Increment + Promotions
Clerk is the entry level position in any bank and after
appointment, as candidates get experience of working or their daily schedules,
they will acquire huge opportunities to prove their work qualities that may
provide promotion to them and can also help them to reach the senior post.
Applicants can get the promotions on below mentioned scales as
per their performance or according to the hierarchy level of bank promotions:
- Scale 1 – Officer / Assistant Manager
- Scale 2 – Manager
- Scale 3 – Senior Manager
- Scale 4 – Chief Manager
- Scale 5 – Asst. General Manager
- Scale 6 – Deputy General Manager
- Scale 7 – General Manager
IBPS Clerk Salary Structure after 7th Pay Commission:
With the implement of 7th Pay Commission there is great hike in
the bank employee’s salary whether they work on clerk position or on the
manager position. The 7th Pay Commission is proved good to all and provides
increment in the basic salary as well as in monthly allowances. All the public
sector bank’s clerks now get the excellent pay scale by the government with
improved rates.
Benefits of IBPS Clerk
All job seekers who are appointed as clerk through IBPS they get
the additional benefits with the monthly salary by the banks as follows:
- Employee Discount
- Job Training & Tuition
- Free Lunch or Snacks
- Performance Bonus
- Vacation & Paid Time Off
- Sick Leave and others
- Along with these Benefits the clerks also get more advantages as per Bank’s policies and rules.
Take a Look on Below Table
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