IBPS Clerk/CWE Salary
Dear candidates we are informing you
that Institute of Banking Personnel Selection gives attractive & good
Salary
for Clerk/CWE position candidates after selection
successfully. So, all educated & talented job seekers want to join Institute
of Banking Personnel Selection who are eligible for it. So we may say that to
appoint in banking sector is very big competition. Dear job finders if
you will qualify in all rounds of selection mode then you will receive good
amount of pay scale from Institute of Banking Personnel Selection that is shown below to check by you.
Institute of Banking Personnel Selection is the largest &
reputed organization in India which provides lots facilities to their
employees. We are publishing all the highlights with pay scale of IBPS
Clerk/CWE on this web page, so eligible and interested job grabbers must read
this article totally & get details about Hand Starting Pay Scale easily. After checking whole info of
salary package through online mode, job grabbers should have ready to apply or
to start their preparation for Clerk/ CWE.
Dear job seekers if you want to get latest details daily then
you need to open our website that is olpxx without hesitation on the regular
basis or you can bookmark this web page by the help of Ctrl+D key. Capable
applicants can also visit Institute of Banking Personnel Selection official
website that is www.ibps.in
to know any more related to IBPS Clerk/CWE Salary.
Close Details of www.ibps.in Clerk/CWE Salary
Organization Name: Institute of
Banking Personnel Selection
Page Include Information about: IBPS Clerk/CWE
Salary
Exam Name: Clerk/ CWE
Salary Package: Check Below
Official Website: www.ibps.in
Full Details of www.ibps.in Clerk/CWE Hand Starting Pay Scale
IBPS
Clerk Salary
IBPS
Clerk Pay Scale and Perks:
Facilities
|
Places with Population > 45 lakhs
|
Below 45 Lakhs
|
Basic Pay
|
Rs.11765/-
|
Rs.11765/-
|
Special Allowance
|
Rs.911.79/-
|
Rs.911.79/-
|
DA
|
Rs.5311.58/-
|
Rs.5311.58/-
|
CCA
|
Rs. 0/-
|
Rs. 0/-
|
Transport Allowance
|
Rs.425/-
|
Rs.425/-
|
Total (without HRA)
|
Rs.18413.37/-
|
Rs.18413.37/-
|
HRA
|
Rs.1176.5/-
|
Rs.1058.85/-
|
Gross with HRA
|
Rs.19589.87/-
|
Rs.19472.22/-
|
IBPS
Clerk New Salary Scale:
Grade
|
Existing Basic Pay
|
Revised Basic Pay
|
Annual Increment – New
|
||
Starting
|
Closing
|
Starting
|
Closing
|
||
Clerk
|
Rs. 11765
|
31540
|
30000
|
68900
|
1500/3 – 1900/8 – 2400/
|
Clerk
Salary and other Allowances:
Dearness Allowance (DA): In
Bank, DA is revised quarterly and is based on CPI as declared by the banks i.e.
DA can go up with higher CPI and vice versa.
House Rent Allowance (HRA): This
varies according to Clerk’s place of posting. And it can be 8.50%, 7.50% and
6.50% depending on metros, big cities, and other locations.
Medical Allowance: This
allowance is paid annually. And for a clerk, it is fixed at Rs 2000.
Transport Allowance (TA): It is also an additional amount on IBPS Clerk
take home salary. IBPS Clerk cash in hand salary: Rs 19,461.
Leased Accommodation: Aspirants,
who will be appointed for the post of clerk through IBPS, will be able to get
Leased Accommodation from recruiting organization.
Traveling Allowance: Candidates
may also admissible for Traveling Allowance according to the distance between
the work place and home.
IBPS
Clerk Salary After 11th Bipartite Settlement:
- If the Indian Banks’ Association (IBA) agrees for 20% increment, Final Basic Pay will be Rs.15, 374. So, you obtain total 38.80% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk will be Rs.21, 339/- (Worst Possible Scenario)
- If IBA agrees for 25% increment, Final Basic Pay will be Rs.16,015.So, total Gross Salary of Bank fresher Clerk will be Rs.22,228/- (Somewhat Good)
- If IBA agrees for 30% increment, Final Basic Pay will be Rs.16, 655. So, total Gross Salary of Bank fresher Clerk will be Rs. 23,117/- (Good Settlement).
Increment (%)
|
Basic Pay
|
Total Gross Salary
|
15%
|
Rs.14,733/-
|
Rs.20, 450/-.
|
20%
|
Rs.15,374/-
|
Rs.21,339/-
|
25%
|
Rs.16,015/-
|
Rs.22,228/
|
30%
|
Rs.16,655/-
|
Rs.23,117/-
|
Clerk
Salary After Revision:
- After the 11th Bipartite Wage Settlement of 2015, a bank clerk is entitled to take a pay scale of Rs 21,990 within hand salary of Rs 19,461.
- With the Govt. setting up the stage for 11th wage revision talks, now IBA & Employee union associations must start the formal process.
Salary
Increment + Promotions
Clerk is the entry level position in any bank and after
appointment, as candidates get experience of working or their daily schedules,
they will acquire huge opportunities to prove their work qualities that may
provide promotion to them and can also help them to reach the senior post.
Applicants can get the promotions on below
mentioned scales as per their performance or according to the hierarchy level
of bank promotions:
Scale 1 – Officer / Assistant Manager
Scale 2 – Manager
Scale 3 – Senior Manager
Scale 4 – Chief Manager
Scale 5 – Asst. General Manager
Scale 6 – Deputy General Manager
Scale 7 – General Manager
IBPS
Clerk Salary Structure after 7th Pay Commission:
With the implement of 7th Pay Commission there is great
hike in the bank employee’s salary whether they work on clerk position or on
the manager position. The 7th Pay Commission is proved good to all and provides
increment in the basic salary as well as in monthly allowances. All the public
sector bank’s clerks now get the excellent pay scale by the government with
improved rates.
Benefits
of IBPS Clerk
Candidates who are appointed as clerk through IBPS they
get the additional benefits with the monthly salary by the banks as follows:
- Employee Discount
- Job Training & Tuition
- Free Lunch or Snacks
- Performance Bonus
- Vacation & Paid Time Off
- Sick Leave and others
- Along with these Benefits the clerks also get more advantages as per Bank’s policies and rules.
Take a Look on Below Table
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