IBPS Clerk Salary 2024 | Per Month Grade Pay, Pay Scale & Pay level

IBPS Clerk Salary 2024: IBPS Clerk is an annual examination conducted by IBPS, which selects candidates for clerical posts in public sector banks in India. The basic salary for IBPS Clerk is Rs. 19,900/- to Rs. 47,920/-. The salary for IBPS Clerk Grade is Rs. 1,900. The pay level for IBPS Clerk is 02, and the pay scale band is PB-2 (Rs 5,200 – 20,200). Salary during IBPS Clerk Training is Rs. 19,900 without any allowances. On joining, the starting salary of IBPS Clerk is Rs. 29,152/-. After 40 years of service, taking into account current allowances and deductions, the monthly salary of an IBPS clerk is Rs. 57154/-. For more information about Bank Clerk Salary Slips, Training, Promotion, Rank, and How to Calculate Salary, you can find additional details below.

IBPS Bank Clerk Salary SLIP

The monthly payment statement for the IBPS clerk indicates a gross salary of 34,447/-. After deductions such as PF, NPS, Income Tax, and Professional Tax, the total deductions from the clerk’s salary amount to 5,295/-. The net pay for the IBPS clerk, inclusive of basic pay, grade pay, housing, and travel allowances, as well as other applicable allowances, stands at 29,152/-. The IBPS Clerk salary after one year is Rs.3,49,824.

IBPS Clerk Bank Salary 2024: Pay Scale 

IBPS CLERK SALARY ⬇
IBPSC CLERK	SALARY
Pay Scale	₹19900– 47920/-
IBPS Clerk Basic Salary	₹19900/-
IBPS Clerk Maximum Salary	₹47920 /-
Dearness Allowance (DA)	Rs 9174/-46% Of Basic Pay)
Special Allowance (SA)	₹4118/-
House Rent Allowance (HRA)	Rs 5373/- (27% Of Basic Pay)
Transport Allowance (TA)	₹757.08
CCA	₹0/-
Min In Hand	₹ 29152/- (Approx)
Maxium In Hand	₹ 57154/-  (Approx)
✦ Check Year Wise Salary (⬇)

IBPS Clerk Salary Increment 

Candidates who are selected as IBPS Clerks will receive a basic salary of ₹ 22,130/- per month, with an increment of Rs 12,300/- for thThe basic pay scale for the sixth year will be 24590—1490 (4)—30550—1730 (7)—42600—3270 (1)—45930—1990 (1)—47920.

IBPS Bank Clerk Increment Chart Salary Year-wise Increment

Starting in 2024, IBPS Clerk's Salary will vary depending on the year of service. The following is a breakdown of the IBPS Clerk Salary for each year, including allowances:

IBPS CLERK SALARY: 01-10 Yr ⬇
YEAR	SALARY
1st Year	₹ 19900/-
2nd Year	₹ 20900/-
3rd Year	₹ 22130/-
4th Year	₹ 23360/-
5th Year	₹ 24590/-
6th Year	₹ 26080/-
7th Year	₹ 27570/-
8th Year	₹ 29060/-
9th Year	₹ 30550/-
10th Year	₹ 32280/-
✦ Salary without any Allowances (⬆)

IBPS CLERK SALARY: 11-18 Yr ⬇
YEAR	SALARY
11th Year	₹ 34010/-
12thYear	₹ 35740/-
13th Year	₹ 37470/-
14th Year	₹ 39200/-
15th Year	₹ 40930/-
16th Year	₹ 42660/-
17th Year	₹ 45870/-
18th Year	₹ 47920/-
After 18th Year	₹ 47920/-
✦ Salary without any Allowances (⬆)

IBPS Clerk Grade Pay Scale Salary Post Wise Details

The monthly salary range for the position of IBPS Clerk is from Rs. 29,453 to Rs. 30,550. As for IBPS Clerk Officers (PO), their yearly salary falls between Rs. 29,000 and Rs. 33,000. Similarly, IBPS Bank Clerk Officers at Scale 2 also receive a salary between Rs. 29,000 to Rs. 33,000.

For IBPS Bank Officer Scale 2 General Banking Officer, the annual salary ranges from Rs. 33,000 to Rs. 39,000. Meanwhile, the monthly salary for IBPS Clerk Officer Scale 3 falls between Rs. 38,000 and Rs. 44,000.

IBPS SALARY: POST WISE ⬇
YEAR	SALARY
IBPS Clerk Clerk	₹ 19900
IBPS Clerk Officer (PO)	₹ 29,000 - ₹ 33,000/-
Clerk Officer Scale 2	₹ 29,000 to ₹33000/-
Officer Scale 2 General Banking Officer	₹ 33,000 - ₹ 39,000/-
Clerk Officer Scale 3	₹ 38,000 – ₹ 44,000/-
☛ LATEST IBPS GOVT JOBS 2024

IBPS Bank Clerk Salary Allowances

In addition to the base pay, IBPS Clerks are eligible for various benefits and allowances, which are included in their total gross earnings. These benefits include dearness allowances, housing allowances, and other allowances.

IBPS CLERK SALARY ALLOWANCES ⬇
ALLOWANCES	DETAILS
D.A.(Dearness Allowance)	✅ Yes, 46% of the Basic Pay (Changes as per the location of work)
H.R.A.(House Rent Allowance)	✅Yes 27% of the Basic Pay
City Compensatory Allowances (CCA)	❌ No
D.A. on T.A.	✅ Yes, As per Govt rule
Special Allowances	✅ Yes
☛ IBPS CLERK FORM 2024

IBPS CELRK Salary Per Month Salary Deduction

IBPS CLERK SALARY DEDUCTIONS ⬇
DEDUCTIONS	DETAILS
PROF Tax	✅ Yes (Rs. 200-300)
DCPS	✅ Yes (10% - 15% of the Basic Pay)
TDS	✅ Yes (Rs. 238-400)
AIBEA	✅ Yes (As per the IBPS rule)
Income Tax	✅ Yes (As per the ITR rule)
☛ IBPS CLERK SYLLABUS 2024

IBPS Clerk Payment in the bill (Reimbursement)

Additionally, IBPS provides several payment options for the bills, such as reimbursement on a declaration basis. It also provides funding for tuition. reimbursement for the price of the eyeglasses. IBPS also offers payment in bills for things like car insurance, conveyance allowance, leave fare discounts, furnishing a residence, reimbursement of GSLI, book grants, newspaper bills, furnishing a residence, etc. based on eligibility.

Comments-