{"id":7465,"date":"2023-05-18T14:22:00","date_gmt":"2023-05-18T08:52:00","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=7465"},"modified":"2023-05-18T14:22:00","modified_gmt":"2023-05-18T08:52:00","slug":"ibps-clerk-2023-salary-structure-promotion","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/ibps-clerk-2023-salary-structure-promotion\/","title":{"rendered":"IBPS Clerk 2023 Salary Structure & Promotion"},"content":{"rendered":"\n

IBPS Clerk 2023 recruitment notification is not out yet, however as per the IBPS calendar the IBPS Clerk 2023 examination is to be held on 26th & 27th August 2023. So, those who are waiting for the notification for the number of vacancies etc must not wait any further and shall start with the exam preparation as the salary structure and promotion for IBPS Clerk<\/a> are quite attractive to look at. For all those who are curious to know about the complete salary structure, profile and promotion\/career growth of IBPS Clerk we have tried to cover the entire IBPS Clerk 2023 Salary Structure & Promotion in this article. So, stay focussed and start your IBPS Clerk exam preparation from now. <\/p>\n\n\n\n

Attempt IBPS Clerk 2023 Prelims – 1 Free Mock Test<\/a><\/p>\n\n\n\n

IBPS Clerk 2023 Salary Structure & Promotion<\/h2>\n\n\n\n
Basic Pay <\/td>Rs.19,900\/- <\/td><\/tr>
Dearness Allowance <\/td>Rs.5209.82\/- <\/td><\/tr>
Special Allowance <\/td>Rs.4118\/- <\/td><\/tr>
Transport Allowance <\/td>Rs.757.08\/- <\/td><\/tr>
House Rent Allowance (HRA) <\/td>Rs.2039.75\/- <\/td><\/tr>
Gross Pay <\/td>Rs.32,024.65\/- <\/td><\/tr>
Total<\/strong><\/td>Rs.29453.67\/-<\/strong> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

IBPS Clerk Pay Scale – Rs.19900-1000\/1-20900-1230\/3-24590-1490\/4-30550-1730\/7-42600-3270\/1-45930-1990\/1-47920 <\/p>\n\n\n\n

IBPS Clerk 2023 Prelims – 1 Free Mock Test<\/a><\/p>\n\n\n\n

IBPS Clerk Complete Pay Scale<\/h3>\n\n\n\n
Basic Pay<\/th>Amount<\/th><\/tr><\/thead>
Initial Basic Pay<\/td>Rs 19,900 with a yearly increment of Rs 1000<\/td><\/tr>
Basic Pay after 3 years<\/td>Rs 20,900 with a yearly increment of Rs 1230 for the next three years.<\/td><\/tr>
Basic Pay after the next 3 years<\/td>Rs 24,590 with a yearly increment of Rs 1490 for the next four years.<\/td><\/tr>
Basic Pay after the next 4 years<\/td>Rs 30,550 with a yearly increment of Rs 1730 for the next 7 years.<\/td><\/tr>
Basic Pay after the next 7 years<\/td>Rs 42,600 with a yearly increment of Rs 3270 for the next one year.<\/td><\/tr>
Basic Pay after the next 1 year<\/td>Rs 45,930 with a yearly increment of Rs 1990 for the next one year.<\/td><\/tr>
Basic Pay after next year<\/td>Rs 47,920 (Maximum Basic Pay).<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

IBPS Clerk 2023 Prelims – 1 Free Mock Test<\/a><\/p>\n\n\n\n

IBPS Clerk Other Allowances and Perks  <\/span><\/h2>\n\n\n\n
Special Allowance<\/strong><\/th>It is 7.5 percent of the basic pay, after completion of 1 year it may increase from 400 to 500 Rs.<\/th><\/tr>
Dearness Allowance<\/strong><\/td>It is 60-70%(approx) percent of the basic pay which is revised quarterly<\/td><\/tr>
House rent allowance<\/strong><\/td>It depends on the posting of the location. It is highest at 8.5%in the metropolitan cities.<\/td><\/tr>
Travel Allowance<\/strong><\/td>These expenses are reimbursed by the banks(on official tours and travels only)<\/td><\/tr>
Medical Allowance<\/strong><\/td>It is 2000\/per year.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n