The IBPS Clerk salary starts with a basic pay of ₹24,050 per month (₹26,730 for graduates with two advance increments). After adding allowances like DA, HRA, and Special Allowance, the gross monthly salary comes to approximately ₹40,720. After standard deductions of ₹2,986, the in-hand salary is around ₹37,734 per month. These figures are approximate and may vary slightly based on your posting location and the bank you are assigned to. This article covers everything, pay scale, salary structure, allowances, deductions, increment table, job profile, promotion paths, and salary after 5 and 10 years, so you know exactly what to expect before joining.
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.
IBPS 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 changed in the IBPS Clerk salary after the 12th Bipartite Settlement?
After the 12th Bipartite Settlement, the IBPS Clerk basic pay was revised from ₹19,900 to ₹24,050; hike of approximately 17%. This is the most significant salary revision for clerical cadre banking employees in recent years and directly increases the gross and in-hand salary for all newly appointed clerks.
| Parameters | Before 12th BPS | After 12th BPS |
|---|
| Basic Pay | ₹19,900 | ₹24,050 |
| Pay Scale | ₹19,900–1000/1–20,900–1230/3–24,590–1490/4–30,550–1730/7–42,600–3270/1–45,930–1990/1–47,920 | ₹24,050–1340/3–28,070–1650/3–33,020–2000/4–41,020–2340/7–57,400–4400/1–61,800–2680/1–64,480 |
| Maximum Basic Pay | ₹47,920 | ₹64,480 |
| Salary Hike | — | 17% increase |
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?
IBPS Clerks receive several allowances on top of their basic pay. These allowances vary based on the posting location and city tier. All percentage rates below are approximate as per the 12th Bipartite Settlement.
| Allowance | Rate / Amount (approx.) |
|---|
| Dearness Allowance (DA) | 19.83% of basic pay; revised quarterly |
| Special Allowance | 7.5% of basic pay |
| House Rent Allowance — Metro cities | 8.5% of basic pay |
| House Rent Allowance — Cities above 5 lakh population | 7.5% of basic pay |
| House Rent Allowance — Other cities | 6.5% of basic pay |
| Transport Allowance (TA) | Fixed monthly amount |
| Medical Allowance | ₹2,000 per year (fixed, paid annually) |
| Travel Reimbursement | For official tours and travel, as per actuals |
What deductions are there in the IBPS Clerk salary?
The total monthly deduction from an IBPS Clerk's salary is approximately ₹2,986. This is lower than deductions for officer-grade posts and is one of the reasons the clerical cadre in-hand salary is relatively close to the gross. Here is the breakdown:
| Deduction Component | Amount (₹, approx.) |
|---|
| Pension Fund Contribution (NPS) | 2,886 |
| Death Relief Fund | 40 |
| Professional Tax | 60 |
| Total Deductions | ~2,986 |
Note: Professional tax may vary by state; some states charge higher rates. The NPS contribution also earns a matching employer contribution, which is a long-term financial benefit.
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 is also known as Single Window Operator because clerks handle multiple banking functions from a single counter. After selection, you will be responsible for the following duties:
| Responsibility | What it involves |
|---|
| Customer Service | Handling customer queries, passbook updates, complaints, and account guidance |
| Cash Management | Deposits, withdrawals, and day-to-day cash transactions |
| Account Handling | Opening new accounts, issuing demand drafts (DDs) and bank statements |
| Document Verification | Checking and verifying identity proofs, address proofs, and other documents |
| Ledger Maintenance | Maintaining financial records, balance sheets, and bank registers |
| Treasury Work | Assisting with treasury-related tasks as directed by senior officers |
| ATM and Passbook Services | Issuing ATM cards, updating passbooks, and handling ATM-related queries |
| Sanctioning Withdrawals | Approving routine withdrawal requests from customers |
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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What is the IBPS Clerk salary after 5 years?
After 5 years of service, an IBPS Clerk's basic pay increases to approximately ₹31,370, based on the increment schedule (₹1,340/year for first 3 years, then ₹1,650/year). With revised DA, HRA, and special allowance applied to this higher basic, the approximate in-hand salary at this stage is ₹42,000–₹46,000 per month, depending on posting location. These figures are approximate and assume no promotion has occurred.
What is the IBPS Clerk salary after 10 years?
After 10 years of service, the basic pay reaches approximately ₹41,020, entering the fourth increment slab. With proportionally higher DA and allowances on this revised basic, the approximate in-hand salary is ₹55,000–₹60,000 per month. Clerks who have received one promotion within 10 years, which is common through the merit-based or seniority path will be earning significantly more as Officer Scale-I. These are approximate figures and actual salary depends on DA rates at that time and your posting.
Does the IBPS Clerk salary vary by location?
Yes, the IBPS Clerk salary varies by posting location because HRA is calculated as a percentage of basic pay and the rate differs by city tier. A clerk posted in a metro city gets 8.5% HRA, while a clerk in a smaller town gets only 6.5%. On a basic pay of ₹24,050, this difference alone is approximately ₹480 per month. Over a year that adds up to around ₹5,700. The table below gives approximate in-hand salary by city type.
| City Tier | HRA Rate | Approx. In-Hand Salary |
|---|
| Metro (Mumbai, Delhi, Kolkata, etc.) | 8.5% of basic | ₹39,000–₹40,500 |
| Large City (above 5 lakh population) | 7.5% of basic | ₹38,500–₹39,500 |
| Other Cities / Rural | 6.5% of basic | ₹37,500–₹38,500 |
