{"id":11770,"date":"2021-12-07T19:36:00","date_gmt":"2021-12-07T14:06:00","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=11770"},"modified":"2021-12-07T19:36:00","modified_gmt":"2021-12-07T14:06:00","slug":"ibps-clerk-salary-after-5-years-2","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/","title":{"rendered":"IBPS Clerk Salary after 5 Years"},"content":{"rendered":"\n

IBPS Clerk Salary After 5 Years: <\/strong>Who doesn\u2019t want a good salary and a clerical job in a Bank? That\u2019s the reason why so many graduates get attracted to the IBPS Clerk Exam because it offers a lucrative salary along with perks, benefits, job security, recognition, etc., and promise of promotion in the future. It is one of the major reasons why the candidates want to grab the IBPS Clerk\u2019s post.<\/p>\n\n\n\n

So, let\u2019s check out how IBPS Clerk Salary grows in 5 years!<\/p>\n\n\n\n

Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

\"IBPS<\/a><\/figure>\n\n\n\n

Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

IBPS Clerk Salary After 5 Years<\/strong><\/h2>\n\n\n\n

The minimum Basic Pay for IBPS Clerk is Rs 19,900 <\/strong>while the maximum is Rs 47,920.<\/strong> IBPS Clerk Salary is the sum total of Basic Pay and other Allowances like HRA (House Rent Allowance and Dearness allowances, etc. The IBPS Clerk Pay Scale is Rs.19,900-1000\/1-20,900-1230\/3-24590-1490\/4-30,550-1730\/7-42,600-3,270\/1-45,930-1,990\/1-47,920.\u00a0<\/strong><\/p>\n\n\n\n

To know understand how the IBPS Clerk salary will increase in 5 years, let\u2019s take a look at the table given below:<\/p>\n\n\n\n

\n\n\n\n\n\n\n\n\n\n\n
Basic Pay<\/strong><\/td>\nAmount<\/strong><\/td>\n<\/tr>\n
Initial Basic Pay<\/td>\nRs 19,900 with a yearly increment of Rs1000 for three years<\/td>\n<\/tr>\n
After 3 years<\/td>\nRs 20,900, with a yearly increment of Rs 1230 for the next three years<\/td>\n<\/tr>\n
After the next 3 years<\/td>\nRs 24,590, with a yearly increment of Rs 1490 for the next four years<\/td>\n<\/tr>\n
After the next 4 years<\/td>\nRs 30,550, with a yearly increment of Rs 1730 for the next 7 years<\/td>\n<\/tr>\n
After the next 7 years<\/td>\nRs 42,600, with a yearly increment of Rs 3270 for the next year<\/td>\n<\/tr>\n
After the next 1 year<\/td>\nRs 45,930, with a yearly increment of Rs 1990 for the next year<\/td>\n<\/tr>\n
After next 1 year<\/td>\n\u00a0Rs 47,920 (maximum Basic Pay)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n\n\n\n

Hurry up! Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

\"IBPS<\/a><\/figure>\n\n\n\n

Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

IBPS Clerk Salary Allowances<\/h2>\n\n\n\n

There are multiple allowances provided to a serving IBPS clerk. These allowances depend on various factors that may include the location of posting, how the branch is progressing, and some other factors.<\/p>\n\n\n\n

Here are all the various types of allowances that IBPS Clerk<\/strong>\u00a0get:<\/p>\n\n\n\n

\n\n\n\n\n\n\n\n
Special Allowance<\/td>\nRs 4118\/-<\/td>\n<\/tr>\n
Dearness Allowance (DA)<\/td>\nDA is 4 percent of the IBPS Clerk Basic Pay. DA depends on the CPI and is revised quarterly, i.e. after every three months.<\/td>\n<\/tr>\n
House Rent Allowance (HRA)<\/td>\nThe HRA depends on the location of the posting. The HRA remains between 6.5% to 8.5% depending upon the location of the posting.<\/td>\n<\/tr>\n
Travel Allowance (TA)<\/td>\nExpenses on official tours and travels will be reimbursed by the bank.<\/td>\n<\/tr>\n
Medical Allowance (MA)<\/td>\nThis is paid once a year. For IBPS Clerks, the amount is fixed at Rs 2000\/- annually.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n\n\n\n

Attempt the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

\"IBPS<\/a><\/figure>\n\n\n\n

Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

IBPS Clerk Promotion & Career Growth<\/h2>\n\n\n\n

Those who join through the PO Programme will directly be given Assistant Manager cadre post-confirmation as Management Trainee.<\/p>\n\n\n\n

    \n
  1. Assistant Manager \u2013 Scale 1<\/li>\n
  2. Manager \u2013 Scale 2<\/li>\n
  3. Senior Manager \u2013 Scale 3<\/li>\n
  4. Chief Manager \u2013 Scale 4<\/li>\n
  5. Assistant General Manager \u2013 Scale 5<\/li>\n
  6. Deputy General Manager \u2013 Scale 6<\/li>\n
  7. General Manager \u2013 Scale 7<\/li>\n<\/ol>\n\n\n\n

    The clerk is the entry-level position in any bank and after appointment, as candidates get the experience of working or their daily schedules, they will get huge opportunities to prove the work qualities that can provide a promotion to them and can also help them to reach the senior post.<\/p>\n\n\n\n

    Take IBPS Clerk Prelims 2021 Mock Tests & clear the upcoming exam in style!<\/a><\/strong><\/p>\n\n\n\n

    \"IBPS<\/a><\/figure>\n\n\n\n

    Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

    IBPS Clerk Responsibilities<\/h2>\n\n\n\n

    With benefits, come responsibilities. An IBPS Clerk working in the clerical cadre has to fulfill many responsibilities. The main responsibility of an IBPS Clerk is to deal with customers. It involves, solving the client\u2019s queries, making them aware of the documents and formalities, and assisting the Senior Managers. Some major responsibilities that IBPS Clerk post invites are as follows:<\/p>\n\n\n\n

      \n
    1. Verification of multiple documents and proofs submitted by the customers.<\/li>\n
    2. Passbook, Demand Drafts (DDs), bank accounts for the customers, cash receipts, etc.<\/li>\n
    3. Guiding customers relating to various banking activities.<\/li>\n
    4. Managing the cash deposits and withdrawals<\/li>\n
    5. Passbook update<\/li>\n
    6. Resolving the various issues of the customers.<\/li>\n
    7. Attending treasury works<\/li>\n
    8. Single Window Operation<\/li>\n<\/ol>\n\n\n\n

      Hurry up! Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/p>\n\n\n\n

      \"IBPS<\/a><\/figure>\n\n\n\n

      Best IBPS Clerk Mock Tests with Benefits & Student-Testimonials<\/a><\/h2>\n\n\n\n
      \"IBPS<\/a>\n
      Hurry up! Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/figcaption>\n<\/figure>\n\n\n\n
      \"IBPS<\/a>\n
      Hurry up! Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/figcaption>\n<\/figure>\n\n\n\n
      \"IBPS<\/a>\n
      Hurry up! Take the best IBPS Clerk Prelims Mock Tests & clear the upcoming exam!<\/a><\/strong><\/figcaption>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"

      How much will the IBPS Clerk salary increase after 5 Years? Read & know all the allowances that you can reap from the increments & allowances!<\/p>\n","protected":false},"author":6,"featured_media":11773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-11770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ibps-clerk"],"yoast_head":"\nIBPS Clerk Salary after 5 Years - Practicemock<\/title>\n<meta name=\"description\" content=\"How much will the IBPS Clerk salary increase after 5 Years? Read & know all the allowances that you can reap from the increments & allowances!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBPS Clerk Salary after 5 Years - Practicemock\" \/>\n<meta property=\"og:description\" content=\"How much will the IBPS Clerk salary increase after 5 Years? Read & know all the allowances that you can reap from the increments & allowances!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Practicemock\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-07T14:06:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1605\" \/>\n\t<meta property=\"og:image:height\" content=\"1073\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Asad Yar Khan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asad Yar Khan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IBPS Clerk Salary after 5 Years - Practicemock","description":"How much will the IBPS Clerk salary increase after 5 Years? Read & know all the allowances that you can reap from the increments & allowances!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/","og_locale":"en_US","og_type":"article","og_title":"IBPS Clerk Salary after 5 Years - Practicemock","og_description":"How much will the IBPS Clerk salary increase after 5 Years? Read & know all the allowances that you can reap from the increments & allowances!","og_url":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/","og_site_name":"Practicemock","article_published_time":"2021-12-07T14:06:00+00:00","og_image":[{"width":1605,"height":1073,"url":"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg","type":"image\/jpeg"}],"author":"Asad Yar Khan","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Asad Yar Khan","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/","url":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/","name":"IBPS Clerk Salary after 5 Years - Practicemock","isPartOf":{"@id":"https:\/\/www.practicemock.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/#primaryimage"},"image":{"@id":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg","datePublished":"2021-12-07T14:06:00+00:00","author":{"@id":"https:\/\/www.practicemock.com\/blog\/#\/schema\/person\/e4111a7164b53ee316016677ed682e00"},"description":"How much will the IBPS Clerk salary increase after 5 Years? Read & know all the allowances that you can reap from the increments & allowances!","breadcrumb":{"@id":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/#primaryimage","url":"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg","contentUrl":"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg","width":1605,"height":1073,"caption":"IBPS Clerk Salary after 5 Years"},{"@type":"BreadcrumbList","@id":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-salary-after-5-years-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.practicemock.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Current Affairs","item":"https:\/\/www.practicemock.com\/blog\/category\/current-affairs\/"},{"@type":"ListItem","position":3,"name":"IBPS Clerk Salary after 5 Years"}]},{"@type":"WebSite","@id":"https:\/\/www.practicemock.com\/blog\/#website","url":"https:\/\/www.practicemock.com\/blog\/","name":"Practicemock","description":"Practice | Analyse | Excel","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.practicemock.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.practicemock.com\/blog\/#\/schema\/person\/e4111a7164b53ee316016677ed682e00","name":"Asad Yar Khan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.practicemock.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1766f8d3c0644953da6c63e1ec69ea6432922e3d3f6cfe6ad3d7fc532ce4a66a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1766f8d3c0644953da6c63e1ec69ea6432922e3d3f6cfe6ad3d7fc532ce4a66a?s=96&d=mm&r=g","caption":"Asad Yar Khan"},"description":"Asad specializes in penning and overseeing blogs on study strategies, exam techniques, and key strategies for SSC, banking, regulatory body, engineering, and other competitive exams. During his 3+ years' stint at PracticeMock, he has helped thousands of aspirants gain the confidence to achieve top results. In his free time, he either transforms into a sleep lover, devours books, or becomes an outdoor enthusiast.","url":"https:\/\/www.practicemock.com\/blog\/author\/asad-khanpracticemock-com\/"}]}},"uagb_featured_image_src":{"full":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",1605,1073,false],"thumbnail":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",150,100,false],"medium":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",300,201,false],"medium_large":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",640,428,false],"large":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",640,428,false],"1536x1536":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",1536,1027,false],"2048x2048":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",1605,1073,false],"web-stories-poster-portrait":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",640,428,false],"web-stories-publisher-logo":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",96,64,false],"web-stories-thumbnail":["https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/12\/FI_IBPS_Salary_071221-1-1.jpg",150,100,false]},"uagb_author_info":{"display_name":"Asad Yar Khan","author_link":"https:\/\/www.practicemock.com\/blog\/author\/asad-khanpracticemock-com\/"},"uagb_comment_info":3,"uagb_excerpt":"How much will the IBPS Clerk salary increase after 5 Years? Read & know all the allowances that you can reap from the increments & allowances!","_links":{"self":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/posts\/11770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/comments?post=11770"}],"version-history":[{"count":0,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/posts\/11770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/media\/11773"}],"wp:attachment":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/media?parent=11770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/categories?post=11770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/tags?post=11770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}