IBPS Clerk Salary 2025: Aspirants selected by IBPS to the Clerical Cadre posts in various public sector banks, get a lucrative IBPS Clerk salary along with various perks, incentives, and benefits. The primary reason why every year lakhs of candidates rush for the IBPS Clerk exam is the good salary. IBPS Clerk salary is one of the significant reasons for candidates opting for a career in the banking sector.
IBPS Clerk 2025 Salary gradually increases as the employee continues to work and gets promoted to higher levels. There is always a curiosity among the students regarding IBPS Clerk salary, perks, and allowances. Read the article below for more details on IBPS Clerk salary.
- IBPS Clerk Salary 2025
- IBPS Clerk Salary FAQs
IBPS Clerk Salary 2025
IBPS Clerk salary is the sum of basic pay and other allowances such as HRA (House Rent Allowance and Dearness allowances etc.). The first basic pay for IBPS Clerk is INR 19,900. The IBPS Clerk pay scale is INR 19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. The minimum basic IBPS Clerk salary is INR 19,900 while the maximum is INR 47,920. Refer to the table below to understand clearly the IBPS Clerk salary structure.
| Basic Pay | Amount (In INR) |
|---|---|
| Initial Basic Pay |
19,900 with a yearly increment of 1000 for three years |
| Basic Pay after 3 years |
20,900, with a yearly increment of 1230 for the next three years |
| Basic Pay after the next 3 years |
24,590, with a yearly increment of 1490 for the next four years |
| Basic Pay after the next 4 years |
30,550, with a yearly increment of 1730 for the next 7 years |
| Basic Pay after the next 7 years |
42,600, with a yearly increment of 3270 for the next year |
| Basic Pay after the next 1 year |
45,930, with a yearly increment of 1990 for the next year |
| Basic Pay after next year 1 year |
47,920 (maximum Basic Pay) |
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IBPS Clerk Salary: Allowances Offered to Candidates
Besides IBPS Clerk salary, candidates also get Dearness Allowance, Travel Allowance, House Rent Allowance, Special Allowance, Medical Allowance, etc. The allowances that candidates get are explained below.
| Parameters | Details |
|---|---|
| Special Allowance |
INR 4118 |
| Dearness Allowance (DA) |
DA is 4 per cent of the IBPS Clerk Basic Pay DA depends on the CPI and is revised quarterly, i.e. after every three months |
| House Rent Allowance (HRA) |
The HRA depends on the location of the posting The HRA remains between 6.5 per cent to 8.5 per cent depending upon the location of the posting |
| Travel Allowance (TA) |
Expenses on official tours and travels will be reimbursed by the bank. |
| Medical Allowance (MA) |
This is paid once a year. For IBPS Clerks, the amount is fixed at INR 2000 annually |
What is the Career Growth of IBPS Clerk?
Candidates joining as clerks can apply for promotions after at least two years for their service. Promotions are based on seniority and merit. The promotion levels are given below:
- Assistant Manager Scale I
- Manager Scale 2
- Senior Manager Scale 3
- Chief Manager Scale 4
- Assistant General Manager Scale 5
- Deputy General Manager Scale 6
- General Manager Scale 7
Also Read:
Commonly asked questions
The table below shows the year-wise IBPS Clerk salary.
Starting IBPS Clerk Basic Pay | INR 24050 |
IBPS Clerk Basic Pay after 3 years | INR 28070 |
IBPS Clerk Basic Pay after 6 years | INR 33020 |
IBPS Clerk Basic Pay after 10 years | INR 41020 |
IBPS Clerk Basic Pay after 17 years | INR 57400 |
IBPS Clerk Basic Pay after 18 years | INR 61800 |
IBPS Clerk Basic Pay after 19 years | INR 64480 |
IBPS Clerk is an entry-level post. This post offers a lot of learning and opportunities. They are asked to verify documents and proofs submitted by customers. They also maintain cash and Demand Drafts. Recruitment is done as per selection process.
IBPS Clerk Salary FAQs
Candidates can check below IBPS Clerk salary FAQs.
Commonly asked questions
Selected candidates will get a salary amount only after a few deductions, called in-hand salary. The In-hand salary for the Tier-I, Tier-II and Tier-III cities is different. For example, if you are posted in Mumbai, Delhi, Kolkata, your in-hand salary amount would be slightly more than others. The In-hand salary given will be inclusive of allowances as per the 7th pay commission.
- The basic pay of an IBPS clerk is INR 19,900 per month.
- The pay scale of IBPS Clerk is INR 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110-2120/1-30230-1310/1-31540
The initial basic pay of IBPS Clerk is INR 19,900 with increment of INR 1000 for three years. The basic pay of IBPS Clerk is INR 20,900 with a yearly increment of INR 1230. The basic pay of IBPS Clerk is INR 24,590 with increment of INR 1490. The basic pay is INR 30,550 with increment of INR 1730. The basic pay of IBPS Clerk is INR 42,600 with increment of INR 3270.
Candidates are offered promotions as per their performance. After becoming PO, there are seven scales in the officer cadre. The post-wise hierarchy is given below: 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.
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