IBPS Clerk Job Profile Salary and Future Growth

IBPS Clerk Salary Job Profile, Work Profile, Steps to future promotions.

IBPS Clerk Prelims Exam Analysis 2018 >> Click Here

VIEW HERE IBPS Clerk Official Notification>> CLICK HERE

IBPS Clerk Salary: Job Profile, Allowances and Future Growth/Promotion

Dear MockBankers

The awaited result of IBPS Clerk exam conducted last month has given each one of us heavy jitters. Although the clerk mains results are expected soon, no one in the entire country can say for sure when they will be out.
To counter this growing anxiety, we have decided to post IBPS Clerk Job Profile. Click here for IBPS Clerk Recruitment Notification.

This will help you figure out what exactly you will be doing after clearing IBPS Clerk examination and subsequently working as a Clerk in Partner Banks. (Click here to see list of partner banks and how to choose among them.)

This article will educate you about the profile, salary, role & responsibilities of IBPS clerk. Getting acquainted with these functions will save you from the unexpected surprises while working.

All the candidates selected for IBPS Clerk will be on a probation period of six months. After this period, you will be confirmed as permanent employee only after an assessment through a test or review of your performance in the probation period.

IBPS Clerk Salary, Job Profile:

A Bank Clerk is the first point of contact for inquiries & guidance to the customers of every bank. As a Clerk you will be trained for either some or all of the following duties in the probation period:

1. IBPS Clerk: SINGLE WINDOW OPERATOR (SWO)

The following duties shall form part of the normal duties of an IBPS Clerk like receipt of cheques, drafts, cash passing and cash payment.

2.IBPS Clerk: HEAD CASHIER (HC)

The head cashier’s duties will involve holding the bank’s cash, bank keys and other such valuables in safe custody, jointly with an officer and being accountable and responsible for the streamlined running of the cash department.

3. IBPS Clerk: SPECIAL ASSISTANTS (SA)

The Special Assistant’s duties will be looking after and checking the work of other clerks and sub staff and also he/she will be accountable and responsible for running of their concerned department/section.

4. IBPS Clerk: UNIVERSAL TELLER: (UT)

The Universal teller’s duties will be to receive cheques, withdrawal forms etc, update pass books, verify customer’s account details, signature etc. And explain the features of Bank’s various products and services to customers,

5. IBPS Clerk: AGRICULTURAL ASSISTANTS:

In addition to the duties of clerical cadre, Agriculture Assistant’s duties will work in the issues related to agriculture.

IBPS Clerk Salary:

An IBPS Clerk, working in any of the 15 Public Sector banks recruiting through the IBPS Clerk Exam, is entitled to get various types of allowances, in addition to basic pay which is nearly the same in all the Public Sector Banks.


Click here for Latest Salary of Public and Private Banks in India. 

IBPS Clerk Basic Pay:

Let us now look into the detailed IBPS Clerk Salary Structure:

Places With Population More Than 45 lakhs Places With Population Less 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

10 Tips and Preparation strategy to clear IBPS Clerk Prelims 2016.

IBPS Clerk Allowances:

The main allowances that an IBPS Clerk, working in any of the 15 Public Sector banks, avails are

1. Special Allowance: Initially, the Special Allowance is 7.5 percent of the Basic Pay. After completing one year of service, Special Allowance will be increased by Rs 400 to Rs 50

2. Dearness Allowance:

DA is adjusted for every 3 months ie Quarterly increase happens in DA .The DA will be changed according to the consumer price index (CPI).So Based on CPI declared by the banks, the DA can go up or down with change in CPI.

3. House Rent Allowance:

As we all know that rent of house is different in different types of cities. So keeping that in mind, HRA is given as per the city of posting.

  • If you are posted in metro cities HRA will be 8.50% of Basic Pay.
  • If you are posted in cities with population more than 5 lakh, HRA will be 7.50% of Basic Pay.
  • If you are posted in any other metro cities HRA will be 6.50% of Basic Pay.

4. Medical Allowance:

This allowance is fixed at Rs 20000 and is paid annually.

5. Travel Allowance: 

This is paid once a year. For IBPS Clerks, the amount is fixed at Rs 2000.

 IBPS Clerk Scope of Promotion:

  • As we all know that IBPS Clerk is the starting point of job in any Bank. That means you will get plenty of opportunities to get promoted to an officer cadre.
  • As an IBPS Clerk you will be confirmed after 6 months of service.
  • After a span of few years, you will become eligible for a promotional exam. If you clear this exam you can become a Trainee Officer(TO).
  • After that he comes at the same level of PO, and all the future promotion prospects will be same to him as that of a PO.

WANT TO PRACTICE ??

Click here for online Preparation Packages of IBPS CLERK 2018

 

9 COMMENTS

  1. Hello, I just wanted to know, if I will be required to give IBPS PO exam again for promotion from clerk to a PO or will it be an internal exam and promotion.

    Looking forward to your reply.

    Thanks.

  2. Hi,
    Thanks for the complete analysis for the job profile of IBPS Clerk.
    The information given by you is very helpful for examining about the work which will be done by every candidate who is selected for this post.

  3. sir agar hum obc se other state se apply karte hai to hamara candidature as a general catagory to treat nahi hoga ?
    Please Rply

  4. admin sir kya mai up and uttarakhnd dono state ke liye apply kr sakta hu kya…….mera form reject to nhi hoga …kyoki advt. me kuch nhi diya h ke aap 1 se jyada state k liye apply nhi kr sakte ho….plz help me sir

    • duplication is not allowed. U can attend exam only fromm one center. If you attend exam from more than 1 centre your candidature will be rejected.

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