All You Need to Know

IBPS Clerk 2017 Salary

IBPS Clerk Pay Scale | During Probation & After Promotion

The clerical candidate after induction undergoes initial training. After a successfully completing the training, the clerical candidate is posted as a Clerk in the public sector bank. Yes, it is a job below officer scale and includes many areas of duty and responsibility. Below we have explained the IBPS Clerk Pay Scale for 2017-18. Please may a note that many Clerks are promoted to the post of Officer on the basis of their performance. It may happen in time as less as one year. So be optimistic and the pay scale of your salary may just shift gears swiftly.

IBPS Clerk Pay Scale (after probation period):

Grade Existing Basic Pay Revised Basic Pay Annual Increment – New
Clerk    Rs 11765-31540 Rs 30000-68900 1500/3 – 1900/8 – 2400/8

 

While salaries in most of the cities are same but they may differ in metro cities and small cities depending on the bank & its location. Moreover as you get promoted (it is best if into Officer Grade) your pay scale increases well in proportion with the concerned grade or scale. Finally on observing you can conclude IBPS Clerk Pay Scale is quite competitive to other jobs and satisfying at the same time.

Following table reveals the expected hike in wages after Tenth Bipartite Settlement and permission of Indian Bank’s Association.

Increment Basic Pay Gross Salary
15% Rs 14733 Rs 20450
20% Rs 15374 Rs 21339
25% Rs 16015 Rs 22228
30% Rs 16655 Rs 23117

 

Official Notification

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In Hand Salary

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IBPS Clerk 2016 Cut Off

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