REPCO Bank Clerk Salary 2025, Basic Pay, Allowances, Perks

Published on 19 August 2025 by
Money and Finance

REPCO Bank Clerk Salary 2025: Repco Bank has announced 30 vacancies for the post of Customer Service Associate (Clerk), and the last date to apply online is 8th September 2025. Before applying, candidates should clearly know the salary, allowances, service bond, and other related conditions. A proper understanding of the pay package helps in better planning and also motivates aspirants during preparation.

REPCO Bank Clerk Salary Structure 2025

The salary of a Repco Bank Clerk is one of the most attractive in the banking sector. At the entry level, candidates receive around ₹42,347/- per month (in-hand), with an annual CTC of nearly ₹8.80 lakhs. The job offers a stable career along with good financial growth over time.

REPCO Bank Clerk Basic Pay 2025

The post carries a pay scale of ₹24,050/- to ₹64,480/-. A new recruit starts with a basic salary of ₹24,050 per month. With regular increments and promotions, this amount gradually increases, ensuring steady growth in earnings.

REPCO Bank Clerk In-Hand Salary 2025

In addition to basic pay, clerks receive several allowances, such as DA, HRA, and other admissible benefits. At the starting level, the in-hand salary at Chennai works out to ₹42,347/- per month, making the role rewarding right from the beginning.

REPCO Bank Clerk Allowances and Benefits

Along with basic pay, clerks in Repco Bank enjoy multiple perks and allowances that increase the overall package and provide financial security.

  • Dearness Allowance (DA): Linked to inflation and revised quarterly.
  • House Rent Allowance (HRA): Provided as per the place of posting.
  • Medical Facilities: Health coverage for employees and their dependents.
  • Leave Travel Concession (LTC): Reimbursement facility for travel.
  • Gratuity & Pension: Long-term financial benefits as per bank rules.
  • Other Allowances: Includes special allowance, city compensatory allowance, etc.

REPCO Bank Clerk Annual CTC 2025

The approximate annual CTC is ₹8.80 lakhs, which includes all allowances, benefits, and other salary components. This makes the job financially competitive compared to other clerk-level positions in the banking sector.

REPCO Bank Clerk Probation Period 2025

Selected candidates will be placed under a 12-month probation period. During this time, their performance and conduct are assessed. The bank holds the right to extend or reduce the probation period as required. Only after successful completion is the appointment confirmed.

REPCO Bank Clerk Service Bond and Training Cost

Applicants must note that Repco Bank requires a service bond of 2 years. The bond amount is fixed at ₹25,000, and the training cost is ₹5,000. This ensures candidates serve the bank for a minimum duration after completing their training.

REPCO Bank Clerk Notice Period 2025

The notice period for clerks in Repco Bank is 3 months. Employees who wish to leave before this period must either serve the full notice or pay the equivalent salary in lieu of notice.

FAQs

Q1. What is the basic pay of a REPCO Bank Clerk in 2025?

The basic pay for a REPCO Bank Clerk in 2025 starts at ₹24,050/- per month and goes up to ₹64,480/- with increments.

Q2. What is the in-hand salary of a REPCO Bank Clerk?

The monthly in-hand salary of a REPCO Bank Clerk is around ₹42,347/-, including allowances like DA, HRA, and other admissible perks.

Q3. What is the annual CTC of a REPCO Bank Clerk in 2025?

The approximate annual CTC of a REPCO Bank Clerk is ₹8.80 lakhs, which includes salary, allowances, and additional benefits.

Q4. What allowances are given to REPCO Bank Clerks?

REPCO Bank clerks receive Dearness Allowance, House Rent Allowance, Medical Benefits, Leave Travel Concession, and other allowances.

Q5. Is there a service bond for REPCO Bank Clerk 2025?

Yes, selected candidates must sign a 2-year service bond with a bond amount of ₹25,000 and pay ₹5,000 towards training costs.