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 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 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 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 CELRK Salary Per Month Salary Deduction

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.