In Hand IBPS Clerk Salary 2018 Pay Scale Per Month, Allowances after Revision Promotions & Perks

IBPS Clerk Salary 2018

ibps-clerk-salary-2018

Check now latest IBPS Clerk Salary!!! All the aspirants who desire to join IBPS Clerk Jobs may get the details about revised IBPS Clerk Salary Structure from here. There are numerous of aspirants who are desperate to join jobs in banking sector owing to high amount of IBPS Clerk In Hand Salary. Not only, this they are also benefitted with allowances, promotions & perks, so those candidates who are thinking for entering this field may know complete details about IBPS Clerk Average Salary Per Month. To attain more information about IBPS Clerk Salary 2018 or pay scale, candidates need to go through the entire post.

There are large numbers of aspirants who wish to join the banking job through Institute of Banking Personnel Selection which is a well reputed institutional organization. This organization is authorized to conduct common written examination to provide career opportunity to the aspirants in participating banks. Moreover the candidates are keen to know the detailed structure of IBPS Clerk Salary 2018 so you scroll down this page to gather all the significant information.

IBPS Clerk Salary 2018

IBPS Clerk Pay Scale In Hand:

We have provided below complete details about IBPS Clerk Pay, Special Allowance, DA, CCA, TA, HRA and Gross with HRA. Desirous candidates who wish to know the in hand salary of IBPS Clerk may go through the given details as we have furnished this information for the ease of the aspirants:

Basic Salary:

Generally the basic Pay Scale of IBPS Clerk in the beginning is Rs. 11765- 31540/- and completion of 1 year all the commercial banks gives the increment.

Check here: IBPS Clerks Notification

Increments:

When the 1 year is completed the amount of Rs. 400/- or Rs. 500 is increments in the salary and for further years also in the same accordance the amount increases

Component And Facilities Provided Places With Population Places With Population
Above 45 lakhs Below 45 Lakhs
Basic Pay Rs. 11765/- Rs. 11765/-
Special Allowance Rs. 911.79/- Rs. 911.79/-
DA (Dearness Allowances) Rs. 5311.58/- Rs. 5311.58/-
CCA Rs. 0/- Rs. 0/-
Transport Allowance (TA) 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/-

Find Here: IBPS Clerk Eligibility Criteria

IBPS Clerk Allowances:

Aspirants, who will be selected for the post of Clerk through Institute of Banking Personnel Selection Examination, they will be benefitted with Additional allowances along with the salary, so below are the following details:

DA (Dearness Allowances):

DA refers to Dearness allowances, these allowances are made on the basis of Consumer Price Index by the banks. DA is revised after every quarter which means after duration of three months. For example: “Jan, Feb, March”, “April, May, June”, “July, Aug, Sep”, “Oct, Nov, Dec”.

HRA (House Rent Allowance):

House Rent Allowance are different for different locations, it varies on the basis of metros cities, big cities, towns or other type of locations. HRA can be 8.50%, 7.50% and 6.50% and can be ducted by considering population percentage of cities or other Factors.

Check Here: IBPS Calendar

Perks and Benefits for IBPS Clerk:

Accommodation:

Selected candidates through IBPS for the position of clerk are admissible for Leased Accommodation by the bank in which candidates is recruited.

Traveling Allowance:

There may be travelling allowance provided to the aspirants Clerks but it is based on travelling distance between the bank and accommodation.

Medical Aid:

Medical Allowances will be given on yearly basis. Nearly Rs. 2000/- per year is provided but if there is some serious issue employees receive additional medical benefits.

Read Here: Private Banks Vs Government Banks

IBPS Clerk Salary Increment:

We have provided here stats for IBPS Clerk Salary increment details Candidates may check below complete details about the hike in salary when they receive promotion, os must go through the details carefully:

Increment (%) Basic Pay 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/-

The Seven 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

IBPS Clerk Salary After Revision:

When the revision of 11th Bipartite Wage Settlement was made candidates who were recruited for IBPS clerk vacancy was getting in hand salary Rs. 19,461/- to Rs. 21,990/- per month. Government of India released 11th wage revision for Indian Banks Associations, all the banks had to implement by revising the salary structure accordingly.

IBPS Clerk Salary After 7th Pay Commission:

After the launch of 7th Pay Commission the candidates who were appointed received best IBPS Clerk Salary Package. According to this the great reimbursement was to be made by Indian financiers (bankers) in the salary structure which was to be expanded by 2017. Ans so the candidates were more attracted toward IBPS Clerk Bank Jobs.

Check Below Given Links

HDFC Bank Salaries Dena Bank Salaries
Syndicate Bank Salaries Axis Bank Salary
Punjab National Bank Salary IBPS PO Salary
ICICI Bank Salary Structure Bank of India Salaries

Career and Scope as IBPS Clerks:

There are numerous of aspirants who dream to get hired through the IBPS Job because it is termed to be the safest and secure job for future. They give good salary packages and also open the opportunities for financial and economical growth, candidates who are working at the profile of IBPS Clerks they surely have a good future ahead. As the experience rises in this field the employees receive more additional facilities along with salary increments. In current scenario the Indian banking sector is rapidly growing and candidates who are willing to join these job may surely get through hard work and dedication.

Check Now: Career In Banking Sector

Note:

We have provided here all the possible information about IBPS Clerk Salary 2017 for the sake of the aspirants. Candidates having query or doubt related to this post you are free to ask us by typing it in the below given comment box, we will surely respond to it at the earliest.

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