IBPS Clerk: Job Profile and Salary Structure

IBPS staff salary is one of the main reasons candidates choose to work in the banking industry. Candidates selected for the position will receive a package salary according to the 7th commission salary. Candidates who are looking forward to the IBPS Clerk Recruitment 2022 and want to be a part of this industry should know what the salary and job profile are.

• Knowing the position and salary package attracts candidates and motivates them to work hard throughout the hiring process.
• Candidates who wish to obtain a position under the IBPS Clerk should note that they must complete two stages as part of the selection process (preliminary examination and main examination).
• The final shortlisted candidates after the main exam will be selected for the position.
• In the article below, we have given all the details regarding the salary package and job profile of the IBPS secretary position.
• Candidates can read the full article below to find out the salary offered to them, the perks and benefits, and more. once selected for the location. Read below for more information.

Job Profile of IBPS 2022

The IBPS secretarial job profile covers a wide range of duties, not only accounting-related accounts, but also customer service and consulting. IBPS staff is the first point of contact for banking questions and problems. He/she handles front desk and customer management operations and that’s why his/her job profile is also known as Single Window Operator.

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The job responsibilities of an IBPS Clerk are listed below.

• To manage information corners, receipts, withdrawals, etc.
• An employee also takes care of opening new accounts, collecting funds, issuing bank statements, and handling mail and deliveries.
• Verification of various documents and supporting documents provided by the customer
• Update the account holder’s passbook 
• Responsible for bank cash, various important documents, keys, etc.
• Issuance of sight drafts (DD), bank accounts for customers, collections, etc. 
• Penalties when customers withdraw money
• Maintain bank statements, balance sheets, ledgers, etc. 
• Solve different customer problems
• Accompanying customers in banking activities 
• Participating in budget work

Roles and Responsibilities of IBPS 2022

The responsibilities of an IBPS secretary are high and include many duties. The main task of the IBPS secretary is to deal with clients and help them solve different types of problems they face. They are also responsible for making the client aware of various procedures and documents. The responsibilities of the IBPS Secretary are:

• Check various documents submitted by customers. 
• Maintain various banking documents, balance sheets, ledgers, etc. 
• Help customers solve their problems. 
• Update the set of accounts held by customers. 
• They are responsible for bank cash, various important documents, keys, etc.
• Issuance of sight drafts (DD), bank accounts for customers, collections, etc. 
• To help senior managers. 
• Single Window Operation. Manage deposits and withdrawals. 
• Other miscellaneous quests

Candidates aiming for the position of IBPS secretary should always prepare well for a competitive exam. Knowing the job duties and salary range is also important for all candidates. Candidates should have a clear understanding of how much they will be offered if they qualify for the position and even the details of the promotion.

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Career Growth and Promotion of IBPS 2022

IBPS-affiliated banks guarantee promotions to their employees within one year based on their performance. The promotion steps granted to IBPS Clerk staff are as follows.

IBPS Clerk employees receive high salaries and excellent career development opportunities. The promotion depends on their performance. However, an employee must have a minimum of 2 years of service to be promoted. Promotions are granted according to the following process.

• Normal process: 

Candidates promoted through this process do not need the JAIIB and CAIIB qualifications. IBPS secretaries are promoted based on experience and seniority and a written exam is conducted internally. After qualifying for the written exam, Clerk IBPS becomes an Officer Trainee then an Officer Trainee (PO) of the Bank.

• Performance-based process: 

The merit-based process requires applicants to hold JAIIB and CAIIB degrees from the Institute of Banking and Finance of India. Candidates aiming for the position of IBPS secretary should always prepare well for a competitive exam. Knowing the job duties and salary range is also important for all candidates. Candidates should have a clear understanding of how much they will be offered if they qualify for the position and even the details of the promotion.

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Salary of IBPS 2022

Candidates who have read the annual salary package will be offered to them once selected for the position. Salaries vary for employees depending on the city they are based in. We can now look at the IBPS employee salary structure and its leave details. The salary structure is given below.

The base salary of IBPS secretary salary in India is INR 19,900. Loyalty Allowance is based on CPI. HRA remains in the range of 6.5% to 8.5%. Employees are covered by health insurance of Rs 2000 annually. Travel allowance is subject to the bank’s policy.

In-hand Salary of IBPS 2022

The salary received by the IBPS Registered Entity will be from INR 11,765 / to INR 31,540 /. Salary given will include allowances under 7th salary commission.

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