IBPS Clerk Salary Structure 2018 after 7th CPC, Pay Scale, Allowances

By bank February 27, 2018 15:50

IBPS Clerk Salary 2018

Check here IBPS Clerk Salary Structure 2018!!! Candidates, who are planning to apply for IBPS Clerk Jobs, they must aware about IBPS Clerk Pay Scale and Allowances after 7th CPC. For your ease, we’re going to discuss more on IBPS Clerk Salary after Revision on this page.

Presently, banking sector is one of the challenging and rising sectors in Indian economy. Institute of banking personnel Clerk Vacancy is the initial entry point for ones who have enthusiasm to work in banking field.

Those, who have registered themselves for IBPS Clerk Exam 2018, should need to know about IBPS Clerk Starting pay Scale In 2018 etc through this page which is well designed by the team members of indguru.com


IBPS Clerk Salary

Check Now :  IBPS Clerk Notification

IBPS Clerk Salary 2018

ComponentPlaces With Population
Above 45 lakhsBelow 45 Lakhs
Basic PayRs. 11765/-Rs. 11765/-
Special AllowanceRs. 911.79/-Rs. 911.79/-
DARs. 5311.58/-Rs. 5311.58/-
CCARs. 0/-Rs. 0/-
Transport AllowanceRs. 425/-Rs. 425/-
Total (without HRA)Rs. 18413.37/-Rs. 18413.37/-
HRARs. 1176.5/-Rs. 1058.85/-
Gross with HRARs. 19589.87/-Rs. 19472.22/-


IBPS Salary Structure

IBPS Clerk Salary Structure 2018
CriteriaMetro CitiesState CapitalDistrict Level and Rural
Basic Pay7200.007200.007200.00
Gross with HRA14842.8014770.8014662.80


IBPS Clerk Salary 2018 Increment

IncrementInitial Pay ScaleTotal 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/-


IBPS Clerk Salary 2018 and Allowance

Candidates who will appointed as a clerk in banks are entitled to get allowances such as Medical Allowance, House Rent Allowance, Dearness Allowance, and Transport Allowance in addition to basic pay. Aspirants will be selected for the post of Clerk/PO/SO on the basis of their Marks record and personal conference.

Basic PayAfter completion of 1 year tune-up, BS will get 1 augmentation of Rs. 400/- As you get total 3 increment by the end of one year service, 2nd year increment will be 500 for next 3 years.
Dearness Allowance (DA)In banking sector, Dearness Allowance is revised on quarterly basis as per CPI declared. Dearness Allowance can go up with higher CPI and vice versa.
Transport Allowance (TA)It is also an added amount on IBPS Clerk take home salary
House Rent Allowance (HRA)Amount of House Rent Allowance varies as per Clerk’s place of posting. If you are running in metro cities HRA is 8.50%, some cities with population more than 5 lakh, it is 7.50% of Basic Pay.
Medical AllowanceThis amount is paid once a year and for a clerk, it is fixed at Rs 2000


IBPS Clerk Salary 2018 After 11th Bipartite Settlement

Do you know how much salary of IBPS Clerk after 11th द्विपक्षीय निपटान? Please have a look below:

  • If Indian Banks’ Association agrees for 20% increment, Final Basic Pay will be Rs.15, 374. So, you acquire 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 agree 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 agree 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).


IBPS Clerk Salary 2018 After Revision

After Revision In 11th Bipartite Wage Settlement of 2015, the In Hand Salary will increase from now salary Rs. 19,461/- to Revised Salary Rs. 21,990/-

7th Pay Commission implements and with that the difference between Government representative compensation and financiers will be considerably more insightful.


Get Here : IBPS Clerk Previous Year Question Paper

IBPS Clerk New Salary Scale

Salary Of IBPS Clerk includes these things:

Existing Basic PayRs. 11765Rs. 31540
Revised Basic PayRs. 30000Rs. 68900
Annual Increment – New1500/3 – 1900/8 – 2400/8


Officer Cadre Seven Scales

  • Officer / Assistant Manager
  • Manager
  • Senior Manager
  • Chief Manager
  • General Manager
  • Deputy General Manager
  • General Manager


IBPS Clerk Salary 2018 In Hand

Subsequent to appointment for IBPS Clerk, you will undergo training period. Here, you will learn all basic clerk job profile work. IBPS Clerk cash in hand salary: Rs 19,461.


Duties Of IBPS Clerk

Clerk is recognized as “Single Window Operator”. Have a look on clerk duties as well as responsibilities listed here.

  • Marketing financial products of Bank such as loans, mutual funds etc
  • Maintain daily record of balance and ledger
  • Highly responsible for handling deposits and cash withdrawals
  • Manage charge of the drafts, receipt of cheques and pay orders etc
  • Ensure payment clearances, Issuing cheque books etc.


Exams Conducted By IBPS for Clerk Job

Institute of Banking Personnel Selection organizes Common Written Exam for clerical recruitment. The IBPS Clerk 2018 exam will be conducted in two phases that are IBPS Preliminary Exam & IBPS Main Exam.

Check Here : IBPS Clerk Admit Card

Current Available Clerk Jobs 2018

Post DateOrganisation NameName Of Post Educational QualificationLast Date To ApplyComplete Information
16/03/2018Kerala PSC 2018-19ANM / AE / Clerk / Driver / Pharmacist / Asst8th pass / SSLC / Diploma / Graduate / Post Graduate / BE / BTech18/04/2018More Details
15/03/2018Indian Air Force 2018-19HQ Maintenance CommandGroup C16/04/2018More Details
14/03/2018WB Municipal Service Commission 2018-19FSO / AE / Clerk & Others12th / Diploma / ITI / Graduate-More Details
13/03/2018Karnataka High Court 2018-19Law Clerk / Research AssistantsLaw degree06/04/2018More Details
10/03/2018Northern Coalfields Ltd 2018-19Clerk Clerical / Security Guard / Jr. Operator / Technical Inspector / Translator8th / 10th / 12th / Graduation / Diploma28/03/2018More Details
06/03/2018SBI Clerk 2018-19JA / JAA AssociatesGraduateJune 2018More Details
22/02/2018Axis Bank 2018-19Specialist officers / Data Entry Staff / Financial Analyst / Loan Officer / Financial Manager / Bank Teller / Bank Clerk / Bank PO (Probationary Officer) / IT Engineers / BPO Staff / Customer Care Executives / Bank Security Guards / ATM Guards / Customer Relationship Managers / Accountants / Field Officers / Marketing ExecutivesGraduation / Post-Graduation / DiplomaFirst Week Of May 2018More Details

Essential Note

Those who are willing to clutch jobs in the banking sector may check IBPS Clerk Salary 2018. Stay connected with this page indguru.com to know more about IBPS Clerk Salary 2018-19.

By bank February 27, 2018 15:50
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