IBPS Clerk Salary & Job Profile – Allowances & Benfits (After 7th Pay Commission)

IBPS Clerk Salary & Job Profile

If you are aiming to crack IBPS Clerk 2019, then you must explore more about IBPS Clerk Salary, Job profile and the chances of career growth. Get to know even more on the Clerk profile here.

As the Preliminary exam for Clerk post is scheduled for December 7, 8, 14, & 21, 2019, candidates can get the complete review of the paper by going through IBPS Clerk Exam Analysis 2019. The analysis provides a detailed review of the IBPS Clerk Question Paper. Know which questions were asked and what is the difficulty level of the paper. There is a huge competition for IBPS Clerk post due to its high paid salary and reputed job profile.

All about IBPS Clerk Salary, Job Profile, and Career Growth 2019

The notification for IBPS CWE Clerk VIII Recruitment was released this September. Every year lakhs of applicants sit for the exam with a hope to get selected for the position of clerk at banks under IBPS. If you are one such and have applied for CWE Clerk 2018 then you must explore the IBPS Clerk Job prospects, Salary and chances of growth in career. This article aims to share all such essential information regarding the IBPS Clerical job. The topics covered here shall be:

  1. Job profile of Clerk.
  2. Salary of an IBPS Clerical Cadre.
  3. Scope of Career Growth.

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IBPS Clerk Job Profile 2019-20

Qualifying the IBPS CWE Recruitment and acquiring a position as IBPS Clerk is a matter of prestige. Being associated with a banking sector comes with a lot of perks as well as responsibilities. You must know about the job role of a Clerk before applying. The major responsibilities as IBPS Clerical officer include:

  • Working as a Single Window Operator to receive cheques, drafts, cash payments and cash deposition.
  • Banking document verification.
  • Validating authentic signature and trace if any discrepancies present.
  • Updating the pass book of customers
  • Helping customers with new account opening
  • Assigned as a head cashier, clerical officer is responsible for the bank cash, keys and other valuables.

Get all details on Eligibility Criteria of Clerk from the link below

IBPS Clerk Salary and Pay Scale

The basic pay of a Clerk ranges from Rs 11,765 – Rs 42,020. Furthermore, there are certain allowances and special pays included in the salary. Likewise:

  • Dearness Allowance DA (39.4% of Basic)
  • House Rent Allowance HRA, depending on the city (7 to 9% of Basic)
  • Special Allowance (7.5 % for Clerks)
  • And certainly, Medical Allowance.

Hence, accounting all of the above, the average in-hand starting salary of the a IBPS Clerk is about Rs. 19,000 to Rs. 21,000 approximately.

Scope of Career Growth as IBPS Clerk

Every professional looks forward to enhance the career. For the reason that they expect to move ahead with their career, they want to explore the chances of growth in career. If you are able to join as a Clerk, be assured to getting several opportunities to get promoted to Officer grade. A Clerk recruited by IBPS initially remains in probation period of 6 months. Hereafter, they are confirmed as full-time clerks.

First of all you are then eligible for a regular increment as per banking norms and conditions. After completing a few years, you can avail the promotional exam. If you clear this, you become a Trainee officer(TO). Furthermore, you get to reach the post of Probational Officer (PO) and enjoy all facilities of this post. You can also reach the position of PO by pursuing a post-graduate qualification like MBA and bank authorities will consider this also as a promotional event.

Hope you have explored a lot about IBPS Clerk Salary, Job prospects and scope of career growth. This will boost you for a better preparation and keep you focused in your aim.

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