IBPS Clerk Salary 2026: Pay Scale, Allowances & Career Growth

Institute of Banking Personnel Selection Clerk Exam 2026 ( IBPS Clerk )

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IBPS Clerk 2026 Mains Exam

27 Dec '26

Sneha Singh

By Sneha Singh, Senior Executive, Shiksha

IBPS Clerk Salary 2026: Aspirants selected by IBPS to the Clerical Cadre posts in several 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 2026 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. 

Table of contents
  • IBPS Clerk Salary 2026
  • IBPS Clerk Pay Scale 2026
  • IBPS Clerk Salary: Allowances Offered to Candidates
  • What is the Career Growth of IBPS Clerk?
  • IBPS Clerk Selection Process
  • IBPS Clerk Salary FAQs
IBPS Clerk Logo

IBPS Clerk Salary 2026

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)

Also Read:

IBPS Clerk Logo

IBPS Clerk Pay Scale 2026

Initially IBPS Clerk salary ranges between INR 40,000 to 42,000 per month. This consists of Dearness Allowance and other benefits. The IBPS Clerk Pay Scale is INR 24050- 1340/3- 28070- 1650/3- 33020- 2000/4- 41020-2340/7- 61800- 2680/1- 64480 (20 years). The year-wise increment of salary is given below.

Basic Pay for Different Years Salary After Increment (In INR)
After three years of Service 33020 (Increment of 1650)
After four years  41020 (Increment given 2340)
After next one year 57400 (With increment of 4400)
After next year 61800 (Increment given is 2680)
After next year 64480

Also Read:

IBPS Clerk Logo

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

Also Read:

IBPS Clerk Dates

IBPS Clerk Application Form

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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:

IBPS Clerk Result

IBPS Clerk Cut off

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IBPS Clerk Selection Process

The IBPS Clerk 2026 selection process will start with the release of official notification. It comprises prelims and mains exams. There is no interview since it is clerical level post. The complete selection process for IBPS Clerk is given below.
Release of IBPS Clerk Application Form
IBPS Clerk Application Form should be filled out online. The application fees are INR 850 for the General and OBC categories while it is INR 175 for SC, ST and PwBD candidates.
Issue of IBPS Clerk Admit Card
IBPS Clerk admit card is released in two stages: Prelims and Mains exam. The admit card for the prelims exam is released for all the registered candidates. IBPS Clerk admit card for the mains exam is released for the qualified candidates of prelims exam.
Appearing in the IBPS Clerk exam
The prelims and mains exams are conducted online across various cities in the country. The prelims exam comprises three sections: English Language, Numerical Ability and Reasoning Ability. The test paper comprises 100 questions. The duration of the exam is 60 minutes, each section will be for 20 minutes. The score of the prelims exam will be calculated out of 100 marks. The mains exam comprises four sections: General/ Financial Awareness, General English, Reasoning Ability & Computer Aptitude and Quantitative Aptitude. The total marks for the mains exam are 200. 
Declaration of IBPS Clerk Result
IBPS Clerk Result is declared online in two stages. On the basis of the marks of the prelims exam, candidates are selected for the mains exam. Based on the marks of mains exam, candidates are shortlisted for the provisional allotment.
IBPS Clerk is a permanent job. All candidates selected for IBPS Clerk exam will be on a probation period of six months. After this period, candidates are confirmed as permanent employees only after an assessment through a test or review of their performance in the probation period. Candidates for the post of IBPS Clerk is selected based on the performance in the Mains exam. The marks obtained in the prelims exam are not counted for the final merit list

Also Read:

IBPS Clerk Preparation

IBPS Clerk Books

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IBPS Clerk Salary FAQs

Candidates can check below IBPS Clerk salary FAQs.

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