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IBPS Clerk Salary

IBPS Clerk Job Profile

IBPS Clerk 2019 Notification will be released soon and probably a large number of candidates will apply for the job. Though many candidates apply for the job post of IBPS Clerk, not many are completely aware of the profile of the job. The respect that this job profile commands and the perks offered in the job together make it a lucrative package. Being a golden opportunity to enter the Banking sector, IBPS Clerk has gained a lot of importance in the recent years. Therefore, while you apply for this much sough-after job, you should also know about the job responsibilities.

IBPS Clerk Roles and Responsibilities

IBPS conducts online exam for the post of Clerk in various Banks. A bank Clerk has a very essential and vital role in the banking industry. A Clerk is the face of the Bank as he/she is the one with whom customers interact the most. A Clerk handles a variety of tasks in a Bank. Some of the basic responsibilities are as follows:-

  • Banking Document Verification
  • Maintaining ledger, balance tally, data entry, ESI stamps
  • Issue Cash Receipts and Cheque books  
  • Attending Government Treasury Work
  • A Bank Clerk is also responsible for marketing financial products of the Bank such as deposits, loans, and schemes.
  • A Clerk will also have to handle withdrawals, deposits, demand drafts etc.
  • A Clerk is also called a Single Window Operator who handles the cash counters and also interacts with the customers and resolves their issues.


IBPS Clerk Salary in Hand

IBPS Clerk is the most awaited notification among job aspirants and what makes this job of a Bank Clerk popular is the comfortable working conditions along with an attractive pay package. Banks make sure their employees are rewarded in a good way with a numebr of  official holidays and other basic facilities such as the additional allowances that a Clerk receives. A Bank Clerk is also entitled to receive reimbursement for some of the daily expenses.

  • A candidate selected as a Bank Clerk will recieve a starting salary of  Rs. 11,765/- per month within the pay scale of 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230/1310-1-31540.
  • The monthly gross income in IBPS Clerk Cadre salary is about Rs.23450/- including some other allowances like Dearness Allowance, House Rent Allowance, etc,. The other perks for IBPS Clerk include reimbursement of medical expenses, Transport Allowance etc. The initial gross emoluments for IBPS Clerk at present stands at approximately Rs.23450/-

IBPS Clerk Salary Structure

IBPS Salary, PayScale, Perks and Allowances are as follows :-

Basic pay

Rs 11,765/- per month

Gross Monthly Emoluments




Dearness Allowance, House Rent Allowance, Transport Allowance, etc.,



For expenses of petrol for vehicle for official purpose, etc., as per eligibility.


Dispensary Facilities

Medical expenses for OPD treatment/ hospitalization as per eligibility.

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