IBPS Clerk/CWE Salary 2018 In Hand Starting Scale Promotion Allowances

IBPS Clerk Salary
IBPS Clerk/CWE Salary 2018: Know
the hikes in IBPS Clerk Salary. In Hand Salary of IBPS Clerk CWE has
been updated as per revise salary structure. You can know the IBPS Clerk Pay
Scale and Allowances by going through this page. Promotion is also given to the
IBPS Clerk on the basis of their performance and departmental examination. Institute
of Banking Personnel Selection organizes Common Written Examination (CWE), on
basis of which candidates are recruited under all Government Banks.
Salary structure of bank employees is revised and increment
as per IBA 11 Bipartite Settlement. As lot of candidates getting queries
regarding salary of Clerk, here we have provided the detailed manner of salary
structure of Institute of Banking Personnel Selection Clerk posts. Check the
below section for more details IBPS Clerk Scale of Pay / IBPS CWE clerk salary after revision or IBPS Clerk Salary 2018. Please have a look below!!
Read This Notification:IBPS
Clerk Recruitment
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IBPS Clerk Salary
IBPS Clerk Pay Scale and Perks 2018:
Facilities
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Places with Population > 45 lakhs
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Below 45 Lakhs
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Basic Pay
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Rs.11765/-
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Rs.11765/-
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Special Allowance
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Rs.911.79/-
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Rs.911.79/-
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DA
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Rs.5311.58/-
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Rs.5311.58/-
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CCA
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Rs. 0/-
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Rs. 0/-
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Transport Allowance
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Rs.425/-
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Rs.425/-
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Total (without HRA)
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Rs.18413.37/-
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Rs.18413.37/-
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HRA
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Rs.1176.5/-
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Rs.1058.85/-
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Gross with HRA
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Rs.19589.87/-
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Rs.19472.22/-
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IBPS Clerk Salary Scale:
Grade
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Existing Basic Pay
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Revised Basic Pay
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Annual Increment – New
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||
Starting
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Closing
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Starting
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Closing
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Clerk
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Rs. 11765
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31540
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30000
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68900
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1500/3 – 1900/8 – 2400/8
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The Institute of Banking
Personnel Selection appoints the qualified candidates on the post of clerk in
different public sector banks and other financial institution. All the banks
have their different salary scale as per their norms, but with the government
guidelines or according to the 7th Pay Commission, candidates will get the
increment in their basic pay scale which is provided above. Along with basic
pay, the bank clerks also get various allowances and benefits which can be
checked from this page.
Get all Banks Updates on these two pages
only
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Clerk Salary and other Allowances:
Aspirants who want to know IBPS RRB salary 2018 can check IBPS bank clerk salary 2018 complete details let's
have a look...!!!
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.
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.
This allowance is paid annually. And for a clerk, it is
fixed at Rs 2000.
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.
Best Recruitments of this
year: Search
Today
IBPS Clerk 2018 Salary in hand 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 (%)
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Basic Pay
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Total Gross Salary
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15%
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Rs.14,733/-
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Rs.20, 450/-.
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20%
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Rs.15,374/-
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Rs.21,339/-
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25%
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Rs.16,015/-
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Rs.22,228/
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30%
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Rs.16,655/-
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Rs.23,117/-
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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.
Go Through It: IBPS Clerk Sample Paper
Salary Increment + Promotions
Candidates who wish to be
appointed as a clerk through IBPS Examination in different public sector banks the
firstly need to clear the exam and then they will get the impressive amount of
salary by the banks along with timely promotions and benefits. Clerk is the
entry level position in any bank and after appointment, as candidates get
experience of working or their daily schedules, they will get huge
opportunities to prove their work qualities that can provide promotion to them
and can also help them to reach the senior post.
Candidates who want to know what is the salary of ibps clerk, 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 2018 Salary Structure
after 7th Pay Commission:
In IBPS clerk salary after 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 IBPS clerk salary per month as well as in monthly
allowances. All the public sector bank’s clerks now get the excellent salary
package by the government with improved rates.
Want To Get Jobs In IBPS So Hit here: IBPS Clerk Recruitment
Want To Get Jobs In IBPS So Hit here: IBPS Clerk Recruitment
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.
IBPS Clerk Updates
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Career Prospective in Banks:
Career in bank is the most preferred
career these days. Most of the candidates want to work as the bank employee
because of the salary structure of IBPS clerk / PO etc, allowances given in banks. Various government and
private banks are going to recruit talented candidates on the basis of
competitive examination. If you want to have a secure future, must go for the Upcoming
Bank Jobs.
Also Check: IBPS Exam Calender
We will keep updating this page with latest information about IBPS Clerk Salary 2018 in hand, so don’t go anywhere for latest updates. If you have any query or suggestion regarding ibps clerk salary and promotion then are most welcome to ask it freely by writing us in the below mentioned comment box and our experts with respond you with satisfactory reply as soon as possible.
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