IBPS Clerk Salary 2025: Salary, Benefits, Job Profile & Growth

For candidates aspiring to start their careers as IBPS clerks, the IBPS clerk salary is one of the most motivating things, apart from other allowances and perks.  An IBPS clerk salary starts at Rs 19,900. The IBPS Clerk Salary In-Hand is Rs 29,453.67 with the different allowances and deductions. The salary may differ because of the place of posting and different government regulations. Aspiring candidates must understand the IBPS clerk salary in detail. This would motivate them to prepare well for the exam. There are different perks, allowances, and IBPS clerk salary in hand for the selected candidates.

This article will discuss the salary of IBPS clerks in detail with the breakup structure. It will also discuss the allowances, the job profile, and the career prospects of getting recruited as an IBPS clerk.

IBPS Clerk Overview

The IBPS-appointed clerk has several responsibilities, including handling cash withdrawals and deposits. They issue DD and cash receipts, update customer passbooks, and handle the queries of the customers. They also manage the financial documents of their branch and handle the treasury work. The IBPS Clerk Salary Per Month ranges from Rs 28,000 to Rs 30,000. Let’s look at the important things about the IBPS clerk salary in detail.

• There is a difference in salaries because of the city of posting. 
• The allowances and deductions may change as per government regulations. 
• The deductions would include IT deductions, PF, and others. 

To know more information about the IBPS Job profile, read: Institute of Banking Personnel Selection

IBPS Clerk Pay Scale 2025

With years of experience, the bank clerk’s pay scale would also increase. Let’s look at the projected salary increment as years add to their job experience.

Years	Salary	Increment
Starting basic pay	Rs 19,900	Rs 1,000 for the next three years
After three years	Rs 20,990	Rs 1,230 for the next three years
After another three years	Rs 24,590	Rs 1,490 for the next four years
After four years	Rs 30,550	Rs 1,730 for the next seven years
After seven years	Rs 42,660	Rs 3,270 for the next year
After one year	Rs 45,930	Rs 1,990 for the next year
After one year	Rs 47,920	Final basic pay

• The pay scale of an IBPS-appointed clerk increases every few years. 
• The increment is mentioned in the above table. It reflects the hike in basic pay as the job experience increases. 
• The basic income starts from Rs 19,900, and the maximum is Rs 47,920.  
• However, the final IBPS clerk salary may differ because of different factors. 
• Some of the different factors are 
  o City of posting
  o Tax deductions
  o New financial regulations have been implemented by the government

IBPS Clerk Salary Structure 2025

The annual salary package for IBPS Clerks varies depending on the location of posting. The basic pay for IBPS Clerks in India is ₹19,900, with additional allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), and Travel Allowance (TA). The Dearness Allowance is determined based on the Consumer Price Index (CPI), while HRA varies based on the posting location. Employees are also entitled to medical insurance of ₹2,000 annually, and travel allowances depend on bank policies.

Component	Amount (₹)
Basic Pay	19,900
Dearness Allowance (DA)	5,209
House Rent Allowance (HRA)	2,039
Travel Allowance (TA)	757
Special Allowance	4,118
City Compensatory Allowance (CCA)	0
Gross Pay	32,023
Deductions (Union Fee, NPS, etc.)	2,571
Net In-Hand Salary	29,452

IBPS Clerk Salary Slip

The IBPS Clerk Salary Slip is issued monthly by the board for each employee. It includes details such as basic pay, deductions, allowances, bonuses, and incentives. Since the IBPS clerk salary slip holds significant importance for employees, it is either sent or provided to them directly. It can also be used for loan applications or other personal financial purposes.

IBPS Clerk Salary Per Month

The in-hand salary received by selected candidates is determined after necessary deductions. This amount varies based on the city of posting (Tier-I, Tier-II, and Tier-III cities). For instance, candidates posted in metro cities like Mumbai, Delhi, and Kolkata receive a slightly higher salary compared to others. The in-hand salary includes various allowances as per the 7th Pay Commission.

• The basic pay of an IBPS Clerk is ₹26,730 per month.
• The pay scale structure for IBPS Clerks is as follows:
  

IBPS Clerk Salary Increment (Year-wise)

The IBPS Clerk Salary consists of basic pay and various allowances. The minimum basic pay starts at ₹26,730, while the maximum basic pay can reach ₹47,920. The salary increases progressively based on a structured yearly increment system.

• Initial Basic Pay: ₹19,900 with an annual increment of ₹655 for the first three years.
• After 3 Years: ₹20,900 with an annual increment of ₹815 for the next three years.
• After Next 3 Years: ₹24,590 with an annual increment of ₹980 for the next four years.
• After Next 4 Years: ₹30,550 with an annual increment of ₹1,145 for the next seven years.
• After Next 7 Years: ₹42,600 with an annual increment of ₹2,120 for the next one year.
• After Next 1 Year: ₹45,930 with an annual increment of ₹1,310 for the next one year.
• Final Basic Pay: ₹47,920 (Maximum Basic Pay).

This structured increment system ensures career growth and a steady rise in salary for IBPS Clerks over the years.

IBPS Clerk Benefits and Allowances

There are different allowances provided along with the salary of IBPS clerks. Let’s look at the allowances in detail for a better understanding.

Allowances	Amount	Remarks
House Rent Allowance (HRA)	Between 6.5 – 8.5% of basic pay.	It depends on the city of the posting.
Dearness Allowance (DA)	4% of basic pay.	It is reliant on CPI. It is revised every quarter.
Medical Allowance	Rs 2000/ year.	The amount is fixed and paid once a year
Travel Allowance (TA)		The bank directly reimburses the amount for official tours.
Special Allowance	Rs 4118

• All the allowances are added to the basic salary and comprise the IBPS clerk’s salary. 
• The amount may change if there are new regulations from the government. 
• Some of the allowances may differ because of the city of posting. 
• The salary will be higher if a candidate is posted in a Tier I city. This is done to accumulate the cost of living in the city. 

IBPS Clerk Job Profile

After understanding the salary and the allowances linked to IBPS, let’s look at the job profile:

• Update the passbook of customers of that particular bank branch. 
• Verify the documents provided by the customers.  
• Issue Demand Drafts (DD), cash receipts, bank accounts, and other services related to banking. 
• Provide information about the government’s and RBI’s latest schemes and incentives. 
• Maintain the balance sheets, ledgers, and other financial documents. 
• Address the queries of the customers. 
• Manage the cash withdrawals and deposits. 
• Handle the responsibility of treasury work. 

The job profile of an IBPS clerk is quite comprehensive. They have to handle several responsibilities. So, according to the job profile and responsibilities, the IBPS clerk’s salary is decent, and the job is respectable.

IBPS Clerk Career Growth and Promotion

Banks under IBPS provide promotion opportunities to employees based on their performance. IBPS Clerks not only receive a competitive salary but also have excellent career growth prospects. To be eligible for a promotion, an employee must complete a minimum of two years of service. Promotions are granted through two processes:

1. Normal Promotion Process

• In this process, employees are promoted based on experience and seniority.
• No JAIIB or CAIIB diploma is required.
• Employees must clear an internal written exam conducted by the bank.
• After qualifying, IBPS Clerks are promoted to Trainee Officer, followed by Bank Probationary Officer (PO).

2. Merit-Based Promotion Process

• This process requires candidates to hold a JAIIB and CAIIB diploma from the Indian Institute of Banking and Finance (IIBF).
• Employees with these qualifications can fast-track their career growth compared to the normal promotion process.

Aspiring IBPS Clerk candidates should prepare well for the exam and future career advancements. Understanding the roles, salary structure, and promotion opportunities is essential for making an informed career decision.

The promotion hierarchy for IBPS Clerk employees follows these stages:

1. Clerk
2. Officer (Trainee Officer/Assistant Manager)
3. Bank Probationary Officer (PO)
4. Manager
5. Senior Manager
6. Chief Manager
7. Assistant General Manager
8. Deputy General Manager
9. General Manager

The promotions are based on two criteria. Let’s understand them in brief.

Seniority-based promotion	The candidates should have a CAAIB or JAIIB diploma from the Indian Institute of Banking and Finance.
The candidates have to pass a written exam. The exam is organised internally. In this case, they do not require JAIIB to CAAIB diploma.	The candidates have to pass a written-based exam. The exam is organised internally. In this case, they do not require JAIIB to CAAIB diploma.

IBPS Clerk Allowances and Perks

IBPS Clerk employees receive various allowances and perks as per IBPS regulations. The details are outlined below:

Allowance/Perk	Details
Special Allowance	₹4,118
Dearness Allowance (DA)	4% of Basic Pay (₹5,209) Based on CPI, revised quarterly (every three months)
House Rent Allowance (HRA)	Based on location of posting: 8.5% of Basic Pay (Metro Cities), 7.5% for cities with a population above 5 lakhs, 6.5% for other cities
Travel Allowance	Reimbursement for official tours and travel expenses
Medical Allowance	Based on location of posting: 8.5% of Basic Pay (Metro Cities) 7.5% for cities with a population above 5 lakhs, 6.5% for other cities

These additional benefits enhance the overall salary package, making the IBPS Clerk position financially rewarding.

Also read:-

IBPS Clerk Syllabus 2023: Subject Wise Syllabus & Exam Pattern For Prelims and Mains.

IBPS Clerk 2025: Your Complete Exam Guide for Success

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