
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.
- 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 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 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 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:
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 Selection Process
Also Read:
IBPS Clerk Salary FAQs
Candidates can check below IBPS Clerk salary FAQs.
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