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IBPS Clerk Salary in Hand 2019 | Pay Scale After 7th CPC, Promotion

IBPS Clerk Salary

IBPS Clerk Salary Package is available for 2019 on this page!! Check Detailed IBPS CWE Clerk Salary After 7th Pay Commission and Promotion information by moving your cursor downwards on this page. 

IBPS Clerk Pay Scale 2019 include initial Basic Pay of Rs.18,100 – 19,800 and allowances. IBPS Clerk Pay Scale After 7th CPC is 2000/- extra compare to other banks. In order to check the Promotion in IBPS Salary For Clerk, have a glance to this page.

Latest Update For IBPS Clerk 2019 Exam

This Year, Institute of Banking Personnel Selection has released IBPS Notification for filling up 7275+ CRP Clerks-VIII Vacancies. IBPS Clerk Preliminary Exam for the available positions will be conducted on 08-12-2018, 09-12-2018, 15-12-2018 and 16-12-2018 while IBPS Clerk Mains on 20-01-2019.

After the completion of the IBPS Clerk Selection Procedure, Institute of Banking Personnel Selection will offer good amount of IBPS Clerk VIII Salary to the applicants. In order to be familiar with the complete details about IBPS Clerk Salary in Hand 2019, check this page of www.recruitmentinboxx.com

IBPS Clerk Salary 2019

IBPS Clerk Current Salary Structure of Banks

IBPS Clerk Job SalaryIBPS Bank Clerk Salary
Allahabad Bank Clerk SalaryRs. 15,000 – Rs. 26,000

Consolidated salary can be approx Rs. 30,000 – Rs. 32,000 (including allowances)

Andhra Bank Clerk SalaryRs. 7200- 19300 plus DA, HRA, etc, As per Bipartite Settlement amended from time to time
Bank of Baroda Clerk SalaryBasic Pay: 13075
Dearness Allowance (DA) Rs:4406.28 (33.7 % of Basic Pay)
House Rent Allowance(HRA): 980.63 (7 .5 % of Basic Pay)
Special Allowance: 1013.31 (7.75 % of Basic Pay)
DA on Special Allowance: 341.49 (33.7 % of Special Allowance)
Transport Allowance: 425
Gross Salary : 20241/-
Bank of India Clerk SalaryRs.20, 340/.

However, the total salary of a clerk who has to join in rural area will be about Rs.20,045/-

Bank of Maharashtra Clerk SalaryRs. 11765-31540/-
Canara Bank Clerk SalaryRs. 17, 000 to Rs. 18,000/-
Central Bank of India Clerk SalaryRs. 7300 – Rs. 19,300 excluding DA, HRA and all other perks and allowances.
Corporation Bank Clerk SalaryPresent Hike 15%
Current Basic: 14500
Current Gross Salary: 31364
Current NPS Contribution: 3042.1
Current Net Salary: 28321
Dena Bank Clerk SalaryRs. 30,125
IDBI Bank Clerk SalaryRs. 14626 (Starting Salary)
Indian Bank Clerk SalaryRs.7200 to Rs.19300/-
Indian Overseas Bank Clerk SalaryRs.7200 to Rs.19300/-
Oriental Bank of Commerce Clerk SalaryRs. 7200 – 19300/-
Punjab National Bank Clerk SalaryRs.20, 450/-
Punjab and Sind Bank Clerk SalaryRs. 11765-31540/-
State Bank of India Clerk SalaryRs. 7200/- 19300/-
State Bank of Bikaner
and Jaipur Clerk Salary
In Metro Cities like Mumbai Pay band / Salary : INR 20950
In class Y cities with 20% DA Pay band / Salary : INR 20000
In class Z cities with 19% DA Pay band / Salary : INR 19000
State Bank of Hyderabad Clerk SalaryRs. 18000-21000/-
State Bank of Mysore Clerk SalaryRs. 7200/- 19300/-
State Bank of Patiala Clerk SalaryRs. 7200/- 19300/-
State Bank of Travancore Clerk SalaryRs. 19,960/-
Syndicate Bank Clerk SalaryRs. 34,288/-
UCO Bank Clerk SalaryRs. 20, 180/-
Union Bank of India Clerk SalaryRs. 24,106- Rs. 25,958/-
United Bank of India Clerk SalaryRs.20,450/-
Vijaya Bank Clerk SalaryRs. 20,500/-

You can apply for the job from here: IBPS Clerk Recruitment

IBPS Clerk Salary 2019 In Hand

If you want to know the In Hand Salary of IBPS Clerk, please go through below given table. You can check the IBPS Clerk Hand Salary (Basic Pay), Special Allowance, DA, CCA, TA, HRA and Gross with HRA for Clerk from here:

Component And Facilities ProvidedPlaces With PopulationPlaces With Population
Above 45 LakhsBelow 45 Lakhs
Basic PayRs. 11765/-Rs. 11765/-
Special AllowanceRs. 911.79/-Rs. 911.79/-
DA (Dearness Allowances)Rs. 5311.58/-Rs. 5311.58/-
CCARs. 0/-Rs. 0/-
Transport Allowance (TA)Rs. 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 Clerk Salary and Promotion

After completion of Clerical training, clerks are promoted for the post of Officer. Through this increment, Salary of clerks is also increased according to the salary rules of banks. You need to go through the stats that are given below to know IBPS Clerk Salary Promotion:

Clerk GradeIBPS Clerk Salary Per Month
Existing Basic PayRs. 11765 – 31540/-
Revised Basic PayRs. 30000 –  68900/-
Annual Increment1500/3 – 1900/8 – 2400/8

 Crack it and get posted under given pay scale: Crack IBPS Clerk Exam in 7 Weeks

IBPS Clerk Salary Increment

All the contenders can avail IBPS Clerk 2019 Salary Growth details given below. After promotion as an Officer, you may get hike in IBPS Clerk Salary Range as mentioned here. Please check the expected wages of Clerk after promotion.

Increment (%)Basic PayTotal Gross IBPS CWE Clerk 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/-

Check Out in Detail: IBPS Clerk Eligibility Criteria

IBPS Clerk Salary After 11th Bipartite Settlement

An increment of 20% to 30% in Salary of IBPS Clerk and at most we get 25% increment and its full-fledged details regarding IBPS Clerk Salary 2018 are as shown below:

#1. If Indian Banks’ Association (IBA) agrees for 20% increment:

Recruited candidates will get Rs.15, 374 /- as a IBPS Clerk Starting Salary and you can get additional benefits such as 38.80% of DA & HRA on basic salary. So, total IBPS Clerk Gross Salary given to Bank fresher Clerk will be Rs.21, 339/- per month.

#2. If the Indian Banks’ Association (IBA) agrees for 25% increment:

Aspirants who have enroll for bank clerk jobs will attain Rs.16,015/- per month as basic salary so total IBPS Clerk Salary of Bank fresher Clerk will be Rs.22,228/- (IBPS RRB Clerk Salary)

#3. If IBA agrees for 30% increment:

Final IBPS Bank Clerk Salary of Rs.16, 655 /- will be given to selected candidates. So, total Gross Salary of Bank Clerk will be Rs. 23,117/- (Good Settlement).

Do You Know? How to Fill Bank Preferences in IBPS Clerk

IBPS Clerk Salary After Revision 2019

After revision of 11th Bipartite Wage Settlement, aspirants who, will be selected for IBPS Clerk Vacancy will get Rs. 19,461/- to IBPS Clerk Revised Salary Rs. 21,990/- per month in hand. According to the Govt. setting up the stage for 11th wage revision, Indian Banks’ Association and Employee union associations will provide IBPS Clerk Salary Package according to new process.

Hit Here To Know: Amazing Ways to Make Money

IBPS Clerk Salary After 7th Pay Commission

Good news for all Central Government employees as government bank sector is one of the demanding and growing sector. Aspirants can get best IBPS Clerk Salary package from 2017 and reimbursement of Indian financiers (bankers) to expanded by 2017.

Through the newest 7th Pay Commission candidates will get excellent IBPS Clerk Salary Package. IBPS Clerk Salary After 7th Pay will be implemented by Government representative payment and financiers which will be more attractive and impressive.

Do You Know The Scales In Officer Cadre?

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

Get Here Complete Schedule: IBPS Exam Calendar

IBPS Clerk Salary Structure

Every year approx 60,000 -70000 clerks appoint in PSBs. Some of the banks encourage you on a higher level officer job within a year. Thus those who join as clerks may be promoted as officers, as per banks norms.

For bright candidates, in some banks, this promotion from a clerk to an officer is possible in a period as short as one year and applicants will get the increased Salary of IBPS Clerk 2019.

Get Here Complete Schedule: IBPS Exam Calendar

IBPS Clerk Salary and Allowances

Dearness Allowance (DA) In IBPS, 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 Salary in Hand Rs 19,461

Get List of More: Upcoming Bank Jobs

IBPS Clerk Salary Slip

IBPS Clerk Salary Slip

Know Here: How to Get Direct Recruitment in Private Banks

IBPS Clerk Career Growth

If you are working as IBPS Clerks, you are having a bright future. According to the experience you will get so many benefits in terms of IBPS Clerk Exam Salary as well as designations increment.

Today banking sector is growing tremendously because of this bank employees are getting so many benefits and perks apart from IBPS Clerk Basic Salary. Through your hard work and skills clerks can get promotion for the post of officer.

There are also different scales under Officer Cadre. Promotion are given to employees on different scale as per their experience as skills. For the easiness of candidates, we have provided stages of promotion.

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

Check Out More: Clerk Recruitment

Responsibilities of IBPS Clerk 2019

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

Final Words:

Here we the team of www.recruitmentinboxx.com has provided the complete details regarding IBPS Clerk Salary In Hand 2019. For attaining other vital and significant details regarding IBPS Clerk Salary Package, you must keep visiting our official web portal.

You can subscribe our free mail section to get the latest updates. Candidates may also bookmark our web portal by using Ctrl + D short cut key for acquiring more details about Salary structure of IBPS Clerk.

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  1. Get the facts correct. I am a clerical cadre in a nationalised bank. Gross 23450 and inhand salary of 21430. We can expect 26-27k gross after 11 settlement.

  2. I have cleared ibps clerk exam & got provisional allotment in canara bank.I want to know what will be the in hand salary in starting period.

  3. Is there any level difference between po preliminary & mains except GA and COMPUTER


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