IBPS Clerk Salary 2020: Detailed IBPS Clerk In hand, Job Profile & Promotions

The first Basic Pay for IBPS Clerk is Rs 11,765.

The IBPS Clerk pay scale is: 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230/1310-1-31540.

It means the minimum Basic Pay for IBPS Clerk is Rs 11,765 while the maximum is Rs 31540.

IBPS CLERK SALARY STRUCTURE 2020

FacilitiesPlaces with population > 45 lakhsBelow 45 lakhs
Basic PayRs. 11765Rs. 11765
Special AllowanceRs. 911Rs. 911
Dearness Allowance (DA)Rs. 5311Rs. 5311
Transport AllowanceRs. 425Rs. 425
Total (without House Rent Allowance)Rs. 18413Rs. 18413
House Rent Allowance (HRA)Rs. 1176Rs. 1058
Gross with HRARs. 19589Rs. 19472

IBPS Clerk PayScale & Increments

Initial Basic PayRs 11,765, with a yearly increment of Rs 655 for three years
Basic Pay after 3 yearsRs 13730, with a yearly increment of Rs 815 for the next three years
Basic Pay after the next 3 yearsRs 16175, with a yearly increment of Rs 980 for the next four years
Basic Pay after the next 4 yearsRs 20095, with a yearly increment of Rs 1145 for the next 7 years
Basic Pay after the next 7 yearsRs 28110, with a yearly increment of Rs 2120 for next one year
Basic Pay after the next 1 yearRs 30230, with a yearly increment of Rs 1310 for next one year
Basic Pay after next year Rs 31540 (maximum Basic Pay)

  IBPS Clerk Promotions

IBPS Clerks have to work for a minimum period of 2 years before they can apply for promotions. Hereafter, they will get a chance to get promoted once every two years. Promotions are given the following two processes:

  1. Normal process
  2. Merit based process

Under Normal Process, IBPS Clerks are given promotions based on their experience and seniority. However, they will have to clear the written exam conducted internally. Candidates who get promotion through this process don’t need JAIIB and CAIIB Diploma. The Clerks after clearing the written exam to become Trainee Officer and then bank Probationary Officers (PO).

1.Clerk
2.Officer
3.Senior Officer
4.Assistant Manager
5.Manager
6.Senior Manager
7.Chief Manager
8.AGM (Assistant General Manager)
9.DGM (Deputy General Manager)
10.GM (General Manager)

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