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As per the 12th Bipartite Settlement, the basic pay of an IBPS Clerk is ₹24,050. After adding allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowance, and Transport Allowance, the gross monthly salary comes to approximately ₹40,720.34. After standard deductions including NPS and union fees (₹2,986), the in-hand salary is around ₹37,734 per month. The attractive pay structure, along with job security, allowances, and career growth opportunities, makes the IBPS Clerk post highly sought after.
IBPS Clerk Salary 2026
After the 12th Bipartite Settlement, the IBPS Clerk salary has been revised, with the basic pay now fixed at ₹24,050 per month, increased from the earlier ₹19,900. The salary progresses periodically through a structured pay scale and can reach up to ₹64,480 after around 20 years of service. Including allowances, the gross monthly salary is approximately ₹40,720.34, while the current in-hand salary comes to about ₹37,734 after standard deductions.
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IBPS Clerk CSA Salary 2026
The IBPS Clerk Pay Scale is Rs. 24050- 1340/3- 28070- 1650/3- 33020- 2000/4- 41020-2340/7- 61800- 2680/1- 64480 (20 years). Apart from salary, clerks also enjoy additional benefits, a stable career path, and promotional avenues. In this article, we have covered the complete details of the IBPS Clerk salary structure, allowances, job profile, responsibilities, and career growth to help aspirants understand the role better.
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What is the salary structure for IBPS Clerk?
The IBPS Clerk Salary starts with a basic pay of ₹24,050 and, along with allowances like DA, HRA, and special allowance, the gross monthly salary reaches ₹40,720.34. After standard deductions of ₹2,986, the approximate in-hand salary is ₹37,734.34. This makes the clerical post financially stable with steady growth and benefits in public sector banks.
| IBPS Clerk Salary Structure |
|---|
| Basic Pay | Rs. 24050 |
| Dearness Allowance | Rs. 4769.12 |
| Special Allowance | Rs. 7083 |
| Transport Allowance | Rs. 850 |
| House Rent Allowance (HRA) | Rs. 2739.83 |
| TA-DA | Rs. 133.71 |
| Gross Pay | Rs. 40720.34 |
| Deduction (NPS Fund, Union Fee) | Rs. 2986 |
| Net Pay | Rs. 37734.34 |
What is the in-hand salary for IBPS Clerk?
The gross salary comes to around ₹40,720 after adding allowances like Dearness Allowance (DA), House Rent Allowance (HRA), and Special Allowance. After standard deductions such as NPS contribution and union fees (around ₹2,986), the net take-home salary is about ₹37,734, which may vary slightly depending on the place of posting and allowances.
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What is the IBPS Clerk Pay Scale?
The IBPS Clerk pay scale starts with a basic pay of ₹24,050 under the 12th Bipartite Settlement. With structured annual increments, the salary gradually increases and can reach a maximum basic pay of ₹64,480 over 20 years of service. Along with allowances, the gross monthly salary is around ₹40,720, while the in-hand salary is approximately ₹37,734.
| Stage | Basic Pay (₹) | Increment | Duration |
|---|
| Initial | 24,050 | 1,340 yearly | 3 years |
| After 3 years | 28,070 | 1,650 yearly | 3 years |
| After next 3 years | 33,020 | 2,000 yearly | 4 years |
| After next 4 years | 41,020 | 2,340 yearly | 7 years |
| After next 7 years | 57,400 | 4,400 yearly | 1 year |
| After next 1 year | 61,800 | 2,680 yearly | 1 year |
| Maximum Basic Pay | 64,480 | — | — |
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What allowances are there for IBPS Clerk?
Besides the basic pay, clerks enjoy several financial perks and allowances, which vary based on the city of posting and bank policies:
- Dearness Allowance (DA): ~4% of basic pay; revised quarterly.
- House Rent Allowance (HRA):
- Metro Cities: 8.5% of Basic Pay
- Cities >5 Lakhs Population: 7.5%
- Other Cities: 6.5%
- Transport Allowance (TA): Fixed monthly benefit.
- Medical Allowance: ₹2,000 annually (fixed).
- Special Allowance: ₹4,118 with annual increment.
- Travel Reimbursement: For official tours and travel.
| City Type | HRA % of Basic Pay |
|---|
| Metro Cities | 8.5% |
| Cities with a population of over 5 lakhs | 7.5% |
| Other Cities | 6.5% |
What deductions are there in the IBPS Clerk salary?
The major deductions in the IBPS Clerk salary include ₹3,279 towards the pension fund (under NPS), ₹1,200 for defined contributory pension, ₹150 for DRF (defined retirement fund), and ₹100 as professional tax. These deductions may slightly vary from state to state. While they reduce the in-hand salary, they are important for retirement and insurance coverage, making the job financially secure.
IBPS Clerk Pay Scale with Increments
As per the 12th Bipartite Settlement, the IBPS Clerk pay scale ranges from ₹19,900 to ₹47,920. The basic pay increases at regular intervals with fixed annual increments. The first increment is ₹1,000 per year for the initial years, which later increases to ₹1,230 and ₹1,330 based on years of service. This well-structured pay progression ensures financial growth and rewards loyalty. Employees also become eligible for promotion and higher allowances with tenure.
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What is the work of an IBPS clerk?
The IBPS Clerk role includes various responsibilities in banking operations. The work of an IBPS Clerk include:
- To manage inquiry corners, receipts, withdrawals, etc. A clerk also deals with opening new accounts, cash collection, issuing bank statements, and handling mail and delivery.
- Sanctioning of withdrawals by customers is also a part of the responsibilities.
- This job profile is also known as Single Window Operator due to its front-desk and multitasking nature.
| Responsibility | Description |
|---|
| Customer Service | Handling customer queries, passbook updates, and complaints. |
| Cash Management | Deposits, withdrawals, and handling transactions. |
| Document Verification | Checking and verifying submitted documents. |
| Ledger Maintenance | Maintaining financial records and balance sheets. |
| Account Handling | Opening bank accounts and issuing demand drafts (DDs). |
| Treasury Work | Assisting in treasury-related tasks. |
IBPS Clerk Career Growth
IBPS clerks have excellent promotion opportunities through two main paths:
1. Normal/Seniority-Based Promotion
- Internal written exam after 2 years of service
- No need for JAIIB/CAIIB certifications
- Promoted to Trainee Officer, then to Probationary Officer (PO)
2. Merit-Based Promotion
- Requires JAIIB & CAIIB certifications (by IIBF)
- Based on performance, certifications, and bank requirements
IBPS Clerk Promotion Hierarchy
The IBPS Clerk promotion hierarchy is as follows:
- Bank Clerk
- Officer/Assistant Manager (Scale I)
- Manager (Scale II)
- Senior Manager (Scale III)
- Chief Manager (Scale IV)
- Assistant General Manager (Scale V)
- Deputy General Manager (Scale VI)
- General Manager (Scale VII)
What is the IBPS Clerk training period salary?
All selected candidates have to undergo a probation or training period of 6 months after joining. During this time, they receive a consolidated stipend of ₹24,050 per month. Though the full benefits and allowances are not provided at this stage, basic facilities like NPS deduction and initial service-related support begin. The probation period allows candidates to understand the work culture and basic clerical functions of the bank. Upon successful completion, they are eligible for the regular pay scale.
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