IBPS Clerk Salary 2024, Job Profile, Promotion and Gross Salary
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IBPS Clerk Salary 2024: The Institute of Banking Personnel Selection has released the 2024 IBPS Clerk salary details along with the official notification. All aspirants who dream of a job in the banking sector as a Clerk can check the details of the IBPS Clerk Salary. In this blog, we provide the complete structure of IBPS Clerk 2024 Salary, including perks, benefits, career growth, in-hand salary, gross salary, and more. Candidates can bookmark our article and check IBPS Clerk 2024 latest details.

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IBPS Clerk Salary 2024

IBPS conducts the IBPS Clerk Examination every year and it provides an attractive salary to their employees the main reason why thousands of people apply for the IBPS Clerk Exam 2024 each year is that the organization offers attractive pay for Clerical Cadre positions in addition to a host of other bonuses, incentives, and benefits. Those candidates who want to work in the banking sector must know everything about the IBPS Clerk Exam. In this blog, we have talked about IBPS Clerk’s salaries and benefits. We have discussed basic compensation, in-hand salary, job profile, clerk responsibilities, and career advancement for IBPS clerks in this blog. The information provided in this article would be of interest to banking candidates who intend to apply for the next IBPS Clerk Exams and are wondering about the pay scale and opportunities for career advancement.

IBPS Clerk Salary 2024 Overview

Here we are providing the IBPS Clerk 2024 Salary information Candidates check the IBPS Clerk salary details and apply for the clerk Post. Whatever candidates clear the IBPS clerk 2024 exam, they are given a 19900 salary per month by the Institute of Banking Personnel Selection. candidates can check all details in the table below and know all the important details.

IBPS Clerk Salary 2024 Overview
Particular Details 
Conducting Body Institute of Banking Personnel Selection
Exam Name IBPS Clerk 2024 
Exam Mode Online
PostClerk 
IBPS Clerk Salary 2024Rs.19,900/-
Selection ProcessPrelims
Mains
IBPS Official websitewww.ibps.in

IBPS Clerk In Hand Salary 2024

As per the IBPS official notification, we are providing detailed information about the IBPS Clerk in hand salary 2024. The IBPS Clerk’s in-hand salary is Rs. 28,000 to Rs. 30,000 per month. The IBPS Clerk Salary 2024 in hand package will be a huge sum. Also, the deductions are mentioned in the IBPS Clerk Salary Slip 2024. 

IBPS Clerk 2024 In Hand Salary
Post NameIn Hand Salary
ClerkRs. 28,000 to Rs. 30,000 per month

IBPS Clerk Salary 2024 Pay Scale

The starting salary for the clerk position ranges from Rs. 28,000 to Rs. 30,000 per month, which includes various allowances such as Dearness Allowance, House Rent Allowance, Medical Allowance, and more. The details of the IBPS Clerk pay scale can be found in the notification PDF. The IBPS Clerk Pay Scale is Rs. 19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920.

  • Initial Basic Pay – Rs 19,900
  • Basic Pay after 3 years – Rs 20,900
  • Basic Pay after the next 3 years – Rs 24,590
  • Basic Pay after the next 4 years – Rs 30,550
  • Basic Pay after next 7 years – Rs 42,600
  • Basic Pay after next 1 year – Rs 45,930
  • Basic Pay after next year – Rs 47,920

IBPS Clerk Salary 2024 Allowances

For the Clerk Post, there are multiple allowances provided to the employees. The allowances depend on various factors like Location and posting. Here we are providing the IBPS Clerk Salary allowances 2024. 

IBPS Clerk Salary Allowances 2024
AllowancesAmount
Special AllowanceRs 4118/-
Dearness Allowance (DA)4% of basic pay
House Rent Allowance (HRA)6.5% to 8.5% depending upon the location of the posting.
Travel Allowance (TA)Expenses on official tours and travels will be reimbursed by the bank.
Medical Allowance (MA)Rs 2000/- annually (Fixed Amount)

IBPS Clerk Roles and Responsibility 2024

The main responsibility of an IBPS Clerk is to deal with customers. It involves, solving the client’s problem, quarry, and making them aware of the documents and formalities and others.

  • Verification of multiple documents and proofs submitted by the customers.
  • Passbook, Demand Drafts (DDs), bank accounts for the customers, cash receipts, etc.
  • Guiding customers relating to various banking activities.
  • Managing the cash deposits and withdrawals
  • Passbook update
  • Resolving the various issues of the customers.
  • Attending treasury works
  • Single Window Operation

IBPS Clerk Gross Salary 2024

The IBPS Clerk Salary 2024 is Rs.28,000 to Rs. 30,000/- Per month but includes various allowances like Dearness allowances, Transport allowances, Special allowances, House rent allowances, and more. The IBPS Clerk Pay Scale is Rs.19900. here we are providing the IBPS Clerk’s gross salary for more details check the table below.

IBPS Clerk Gross Salary 2024
Particular Amount
Basic PayRs.19,900/-
Dearness AllowanceRs.5209.82/-
Special AllowanceRs.4118/-
Transport AllowanceRs.757.08/-
House Rent Allowance(HRA)Rs.2039.75/-
CCARs.0/-
Gross PayRs.32,024.65/-

IBPS Clerk Salary 2024 Job Profile

IBPS Clerk is an entry-level position job that provides several opportunities and learning experiences to the employees. More possibilities will present themselves to you as you gain knowledge, leading to early growth.

The following describes the functions and responsibilities of the IBPS Clerk Job Profile:

  1. Verification of the different records and evidence that the clients have provided
  2. In charge of bank money, several vital documents, keys, etc.
  3. Prohibition of withdrawals by clients
  4. Keeping up with the bank’s numerous records, ledger, balance sheets, etc.
  5. Resolving the clients’ diverse problems
  6. Issuing cash receipts, demand drafts (DDs), customer bank accounts, etc.
  7. Supplying details on the newest programs and directives from the government
  8. Giving customers advice about a range of banking operations
  9. Taking care of Treasury tasks
  10. Updating account holders’ passbooks
  11. Answering consumer inquiries
  12. Other duties

IBPS Clerk Benefits And Promotions

The Clerk is an entry-level position in any banking exam. The IBPS Clerk will get the largest opportunities to prove their work qualities that can provide a promotion to the senior post. Below we are providing the IBPS Clerk benefits and promotions.

  • Assistant Manager – Scale 1
  • Manager – Scale 2
  • Senior Manager – Scale 3
  • Chief Manager – Scale 4
  • Assistant General Manager – Scale 5
  • Deputy General Manager – Scale 6
  • General Manager – Scale 7

Other Related Blogs of IBPS Clerk 

IBPS Clerk Cut Off 2024IBPS Clerk Exam Pattern 2024
IBPS Clerk Hand Written Declaration 2024IBPS Clerk Salary 2024
IBPS Clerk Syllabus 2024IBPS Clerk Documents Required 2024
IBPS Clerk Previous Year Question PaperIBPS Clerk Selection Process 2024
IBPS Clerk Eligibility Criteria 2024IBPS Clerk Exam Centre 2024

IBPS Clerk Salary 2024 FAQs

What is the IBPS Clerk in-hand salary?

The IBPS Clerk’s in-hand salary is Rs. 28,000 to Rs. 30,000 per month.

What is the basic pay of IBPS Clerk?

The IBPS Clerk’s basic pay is Rs. 19,900.

What are the details present in the IBPS Clerk salary slip?

In the IBPS Clerk salary slip 2024, you can check the basic pay, allowances, gross pay, deductions, and net salary.

What is the salary of IBPS Clerk after 3 years?

The IBPS Clerk’s Salary after 3 years is 20,900, with a yearly increment of 1230 for the next three years.

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By Sweta Singh

I’m a dedicated SEO Executive who churns out blogs to help aspirants prepare for SSC, Banking and Engineering exams. My blogs are a one-stop destination for accurate and comprehensive information on these competitive exams. My ultimate goal is to provide accurate and easy-to-understand information to candidates by covering topics like exam patterns, syllabus and study techniques and more. Join me on this journey of knowledge!

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