IBPS Clerk Salary 2023: Check In-Hand Salary, Increment, Perks and Allowances

IBPS Clerk Salary 2023 : The Institute of Banking Personnel Selection (IBPS) recruits candidates for clerical posts in various banks around the country through the IBPS Clerk exam . The IBPS Clerk job attracts a lot of young talent every year since it provides lucrative salaries to its incumbents. It also offers plenty of perks, incentives, and benefits, along with the in-hand salary. IBPS Clerk 2023 notification is expected soon based on which candidates will be allowed to take the exam.

Read the article below for complete details about the IBPS Clerk salary structure in India, basic pay, allowances, and other perks.

Also Read: IBPS Clerk Eligibility Criteria 2023

IBPS Clerk Salary in India

The minimum basic pay of an IBPS clerk is Rs 19,900. However, after some promotions, the maximum basic pay of an IBPS clerk increases to Rs 47,920. The pay scale of a Clerk in a public sector bank is 19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. The best part about working as an IBPS Clerk in a public sector bank is the number of perks and benefits they offer along with basic pay. Every employee is entitled to various allowances such as Dearness, Travel, Special, House Rent, and Medical allowances.

IBPS Clerk Salary (In Hand)

Aspirants can check out the IBPS Clerk salary structure that has been added below:

IBPS Clerk Salary Increment

The candidates can check the information about the salary increment for IBPS Clerk from the table provided below:

Also Read: IBPS Clerk Application Form 2023

IBPS Clerk Perks and Allowances

IBPS Clerk can avail of various allowances besides their basic salary which depends on the place of posting. These allowances include TA, DA, and HRA, added to the salary and the total amount is what a person under IBPS Clerk gets in hand.

IBPS Clerk Promotion & Career Growth

A clerk has to serve for a minimum period of 3 years before he can apply for the promotion. After then he gets a chance to grow himself. IBPS Clerk offers great chances for growth. As a bank clerk, based on the performance and contribution to the bank, there are many chances of growth. The career and promotion opportunities that follow post the IBPS Clerk post are given below:

• 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

Hopefully, the article was informative and helpful to applicants. Interested candidates can apply for the IBPS Clerk position based on the salary expectations from the article mentioned above and prepare themselves accordingly! Aspirants can also check out the links mentioned below to know more about the IBPS Clerk exam!

Related Links:

Documents Required to Fill IBPS Clerk 2023 Application Form	How to Crack IBPS Clerk Exam in Three Months?
IBPS Clerk 2023 Selection Process	IBPS Clerk 2023 Cut off

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