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The banking aspirants who are planning to apply for IBPS Clerk 2024 and are curious to know the IBPS Clerk salary structure and career growth, go through the details mentioned in the article.
As per the IBPS, the pay scale of a Clerk in IBPS is 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230/1310-1-31540.
This translates into
The minimum basic pay of an IBPS clerk starts at Rs. 11765/- and the maximum goes till Rs. 31540.
| Particulars | Population Less Than 45 lakhs | Population More Than 45 Lakhs |
|---|---|---|
| Basic Pay | Rs 11765 | Rs 11765 |
| Dearness Allowance | Rs 5311 | Rs 5311 |
| Travel Allowance | Rs 425 | Rs 425 |
| Special Allowance | Rs 911 | Rs 911 |
| House Rent Allowance | Rs 1176 | Rs 1058 |
| Total IBPS Clerk Salary | Rs 19588 | Rs 19470 |
HRA% is varied as per the cities that the candidate will be posted in eventually:
| Cities | HRA % |
|---|---|
| Metro Cities | 8.5 |
| Cities with Population more than 5 lakhs | 7.5 |
| Other Cities | 6.5 |
The IBPS clerk 2024 salary varies from bank to bank as well. Few other facilities that can be availed by the employees are home loans, education loans, medical benefits, etc.
IBPS clerk gets other allowances other than the allowances besides basic pay. These are
| Allowance | Amount |
| Dearness Allowance: | This component is 4 percent of the Basic Pay. DA depends on the CPI and is revised after every three months. |
| House Rent Allowance: | The HRA is dependent on the location of the posting. It is 8.5 percent of the Basic Pay for Metro Cities, 7.5 percent of the Basic Pay for cities having a population of more than 5 lakhs, and 6.5 percent of the Basic Pay for other cities. |
| Travel Allowance: | The official tours and travels will be reimbursed by the bank. |
| Medical Allowance | Medical allowance is fixed, wherein an IBPS Clerk gets Rs. 2,000 once in a year. |
Special Allowance | For IBPS Clerk, this amount is fixed at INR 4118/- |
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30th April, 202320 Prelims Mock10 Mains Mock30 Sectional Tests 30th April, 202320 Mock Tests15 Sectional Tests30th April, 202310 Mock Tests15 Sectional TestsYes. The IBPS Clerk notification 2021 nationality or citizenship criteria are: a citizen of India. The subject of Nepal, or The subject of Bhutan, or A Tibetan Refugee who came to India to settle permanently. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia, and Vietnam with the intention of permanently settling in India. Hence, candidates other than Indian citizens should favor a certificate of eligibility issued by the Government of India.
The IBPS clerk 2024 age limit is: Minimum Age Limit: 20 Years. Maximum Age Limit: 28 Years.
The basic pay of clerks is Rs 11,765
An adequate number of candidates are selected for each stage of the selection process.
No, there is no interview for this post.
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