IBPS Clerk Salary In Hand 2022:
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IBPS Clerk Salary 2022:
The starting basic IBPS Clerk Salary 2022 for Freshers is Rs. 19,900. The IBPS Clerk Salary in hand 2022 includes various allowances and perks. The basic IBPS Clerk Salary 2022 for Freshers might not be as attractive. But, the IBPS Clerk Salary 2022 in hand is high and satisfactory. Many benefits are included in the IBPS Clerk Salary 2022 in hand. IBPS Clerk Salary 2022 Allowances are DA allowances, HRA allowances, Medical allowances, Special allowances, and Travel allowances. Also, the IBPS Clerk Salary after wage revision would be highly enhanced. Take a look at the basic IBPS Clerk Salary after 11th bipartite settlement provided below:
IBPS Clerk Salary 2022 (Starting Basic Pay) | Rs.19900 |
IBPS Clerk Previous Year Paper
IBPS Clerk Salary Structure 2022
The IBPS Clerk salary in hand 2022 details are available in the table.
Facilities | Places with Population > 45 lakhs | Below 45 Lakhs |
Basic Pay | Rs.11765 | Rs.11765 |
Special Allowance | Rs.911 | Rs.911 |
DA | Rs.5311 | Rs.5311 |
Transport Allowance | Rs.425 | Rs.425 |
Total (without HRA) | Rs.18413 | Rs.18413 |
HRA | Rs.1176 | Rs.1058 |
Gross with HRA | Rs.19589 | Rs.19472 |
IBPS Clerk Salary Increment Per Year:
The increments in the IBPS clerk salary 2022 after the 11th bipartite settlement is here.
- IBPS Clerk Salary Structure 2022: 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230/1310-1-31540.
- The minimum basic pay scale of an IBPS Clerk is Rs. 11,765/- and the maximum goes to Rs. 31,540.
IBPS Clerk Initial Basic Salary | Rs 11765 with a yearly increment of Rs 655 for 3 years. |
Basic Salary after 3 years | Rs. 13,730 with a yearly increment of Rs 815 for the next 3 years. |
Basic Salary after the next 3 years | Rs. 16,175 with a yearly increment of Rs 980 for the next 4 years. |
Basic Salary after the next 4 years | Rs. 20,095 with a yearly increment of Rs 1145 for the next 7 years. |
Basic Salary after the next 7 years | Rs. 28,110 with a yearly increment of Rs 2,120 for the next 1 year. |
Basic Salary after the next 1 year | Rs. 30,230 with a yearly increment of Rs 1310 for the next 1 year. |
Basic Salary after next year | Rs. 31,540 (maximum Basic Pay). |
IBPS Clerk Salary in Hand 2022
You’ll get your gross pay by adding your basic IBPS clerk salary  2022 and any applicable allowances. To obtain the IBPS Clerk salary in hand for 2022, subtract the deductions from the gross pay. The base IBPS clerk salary for 2022, which is Rs. 19900, has already been presented. Check out the IBPS Clerk salary in hand 2022 right now.
- IBPS Clerk Salary In Hand 2022 –Â Rs. 29450 (approximately).
The attractive IBPS Clerk salary in hand 2022 is made possible by a number of incentives and benefits. The IBPS Clerk salary in hand after 5 years will be a sizable quantity as a result of these extra incentives. This essay will go through every aspect of the IBPS Clerk salary in hand for 2022.
IBPS Clerk Allowances:
Besides the IBPS clerk salary in hand 2022, there will be various allowances. As per the norms, the IBPS Clerk allowances details are given below,
- Dearness allowance (DA) – The dearness allowance will be 4% of the basic pay. The value of the dearness allowance will vary according to the Consumer Price Index (CPI). It is notable that for every 3 months the consumer price index will be revised
- Housing Rent Allowance (HRA): It will be in the range of 7% to 9% of the basic pay. It may vary according to the place of posting.
Cities | HRA% |
Metro Cities | 8.5 |
Cities With Population More Than 5 Lakhs | 7.5 |
Other Cities | 6.5 |
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- Medical allowance – For IBPS Clerk Rs. 2000 per annum is the fixed amount provided as the medical allowance.
- Special Allowance – It will be 7.5% of the IBPS clerk basic salary. After one year it will have an increment in the range of Rs.400 to 500.
- Travel Allowance – The travel expenses will be reimbursed by the bank.
IBPS Clerk Salary 2021 In Hand at entry-level varies from Rs.19,000/- to Rs.22,000/- per month. However, the salary increases with the years in service.
IBPS Clerk Salary After 5 Years
Below is a list of the IBPS Clerk Salary after 5 Years. IBPS Clerk Salary 2022 is also offered. According to the IBPS Clerk Salary Structure 2022, it will rise. However, compared to the first remuneration, the IBPS Clerk Salary you receive after 5 years will be significantly more. After five years, there will be a larger pay raise for IBPS Clerks. Extensive explanations are provided for every information up to the IBPS Clerk Salary after 5 years.
- Basic IBPS Clerk salary after 5 years – Rs.24590
- In hand IBPS Clerk salary after 5 years – Rs.36000 (approximately)
IBPS Clerk Salary After 10 Years
We have provided information on IBPS Clerk Salary after 10 Years here. Based on the IBPS Clerk Salary 2022 Structure, we estimated it. The rise in basic salary will result in an increase in IBPS Clerk Salary after 10 years. The increase in base pay will also be reflected in the allowances. Look at the details on the IBPS Clerk Salary after 10 years.
- Basic IBPS Clerk salary after 10 years – Rs.30550
- In hand IBPS Clerk salary after 10 years – Rs.45000 (approximately)
IBPS Clerk Job Profile:
IBPS Clerk Job profile consists of the following Roles and Responsibilities. After joining as a clerk in any public sector bank you have the roles and responsibilities to do. A person in the clerical cadre is the primary one who is responsible for the banking-related queries and issues. The clerk’s job is known as a single-window operator because they deal with the front desk work and customer handling operations. Apart from the IBPS clerk salary 2022 in hand, it is also important to know the job profile.
- A clerk also deals with opening new accounts, cash collection, issuing bank statements, and handling mails and delivery.
- Updating the passbooks of account holders.
- To manage inquiry corners, receipts, withdrawal, etc.
- Issuing of Demand Drafts (DDs), bank accounts for the customers, cash receipts, etc.
- Providing guidance to customers relating to various banking activities.
- Maintaining the various documents of the bank, balance sheets, ledger, etc.
- Attending to treasury works.
- Verification of various documents and proofs submitted by the customers.
- Sanctioning of withdrawals by the customers.
- Resolving the various issues of the customers.
- Responsible for bank cash, various important documents, keys, etc.
IBPS Clerk Promotion & Career Growth:
As you get promotions, the IBPS clerk salary 2022 in hand will also rise. Aspirants after getting into the bank career, are expecting the rewards in the form of increment and promotion. IBPS Clerk comes up with consistent career growth and promotion along with a good salary, permanent job, and other perks. As a bank clerk, based on the performance and contribution to the bank, there are many chances of growth. When a person works as a bank clerk he learns the different ways of bank functions and chances to prove their skill and ability. A clerk has to serve for a minimum period of 2 years or 3 years in some banks then only they will be eligible for the promotion. Promotions are given the following two processes:
- Normal/Seniority process
- Merit-based/Fast track process
IBPS Clerk Syllabus & Exam Pattern
Normal Process: IBPS Clerks are given promotions based on their experience and seniority. However, they will have to clear the written exam conducted internally. Candidates who get promotions through this process don’t need JAIIB and CAIIB diplomas.
Merit-Based Process: Under this, the candidates must hold JAIIB and CAIIB diplomas from the Indian Institute of Banking and Finance (IIBF).
1 | Clerk |
2 | Officer |
3 | Senior Officer |
4 | Assistant Manager |
5 | Manager |
6 | Senior Manager |
7 | Chief Manager |
8 | AGM |
9 | DGM |
10 | GM |
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Those who join through the PO Programme will get directly as an Assistant Manager cadre post-confirmation as Management Trainee.
Scale 1 | Assistant Manager |
Scale 2 | Manager |
Scale 3 | Senior Manager |
Scale 4 | Chief Manager |
Scale 5 | Assistant General Manager |
Scale 6 | Deputy General Manager |
Scale 7 | General Manager |