A clerical cadre job in banks is of repetitive nature and deal with the customers in depositing money, printing on passbooks, withdrawals, etc. The IBPS Clerk Job Profile spans from customer relation to back-office works as the association demands. The clerk is the first step in the banking career ladder. Within two years of service, one can appear for promotion tests to ace their career. The clerical cadre is somewhat relaxing compared to the officer’s posts. The Fixed working hours and desk jobs are perks of this post. The IBPS Clerk salary is 2022 and allowances will be around Rs. 20000 after deductions. Here we can check further details about the IBPS Clerk recruitment and the clerk’s entitled salary and allowances.
IBPS recruitment 2022 is going to be an opportunity for those who have not been able to get through SBI and other Bank Recruitment Exams. The role of an IBPS Clerk or Junior Associate is one of the most sought-after careers in the banking field. The Institute of Banking Personnel Selection (IBPS) conducts the recruitment of eligible and dynamic candidates for the post of Clerk. More details regarding the post and the job roles will be clear the IBPS Clerk Notification is published by the commission. Every year lakhs of applications are received by the IBPS. One of the best parts of the recruitment process of an IBPS Clerk is a two-stage selection process comprising of Prelims and Main Online Exam with no Interview. Check out the entire article to know more details regarding IBPS Clerk salary 2022 and the starting salary of IBPS Clerk for the year 2022.
IBPS Clerk Salary 2022
IBPS offers some of the best salaries packages for the candidates who clear the examination for the post of clerk. The given below are the details regarding the IBPS Clerk salary structure and the IBPS Clerk starting salary 2022.
IBPS Clerk Salary Structure
IBPS provides very attractive salary packages for every candidate who is clearing the examination. Apart from the salary, there are various other perks too that come along with the salary at IBPS. Let’s take a look at the IBPS Clerk salary scale 2022.
|Basic salary||Amount (INR)||Increment (INR)|
|Initial Pay||INR 11,765||INR 655|
|After 3 years||INR 13,730||INR 815|
|After the next 3 years||INR 16,175||INR 980|
|After the next 4 years||INR 20,095||INR 1,145|
|After the next 7 years||INR 28,110||INR 2,120|
|After the next 1 year||INR 30,230||INR 1,310|
|Maximum Pay Scale||INR 31,540||–|
Dearness Allowance (DA): Dearness Allowance is revised quarterly and is based on the Consumer Price Index(CPI) as declared by the banks.A Clerk in a Public Sector Bank can withdraw a salary of Rs.18,000/ to Rs.21,000/ during the training period. After the training period, other perks and emoluments are added and the Gross Salary will have a raise. The Basic Pay Scale of IBPS Clerk is in between Rs. 11,765/ – Rs. 42,020/. After 03 years of service, the basic pay will increase to Rs. 13, 730 and the yearly increment for the next three years will be Rs. 815. The other eligible allowances of an IBPS Bank Clerk get are :
- House Rent Allowance (HRA): HRA varies according to the posting station. HRA can be 8.50%, 7.50%, and 6.50% depending on metros, big cities, and other locations. Usually, it varies between Rs. 1176.5/- to Rs. 1058.85/-
- Medical Allowance: Annual allowance of Rs. 2000/.
- Transport Allowance (TA) – Transport allowances are usually around Rs. 450/.
- After 01 years of service, you will get an increment of Rs. 400/- to Rs. 500/.
- IBPS Clerk Salary in-hand would be around Rs 19,461.
From the Total earnings of the IBPS Clerk Salary following amounts will get deducted every month:
- Union Subscription
- Group Insurance
- Penson Fund
- Professional Tax
- Financial Aid For Bereaved Families Scheme (FABF)
IBPS Clerk Inhand Salary
Candidates who are clearing the IBPS examination are eligible to obtain a fair base salary along with some allowances for their services. As per the latest reports, the in-hand salary a candidate will obtain after cleaning the IBPS clerk examination 2022 will be in a range of Rs 19,900- Rs 47920 per month. The salary in hand for the candidates may vary on the basis of several factors that depend on the allowances.
IBPS Clerk Salary Slip
IBPS along with the relating of the salary to the salary account of the candidates will be also providing the salary slip that has the breakdown of the IBPS Clerk salary structure. This can be used for reference as well to produce as proof for your income from the salary source.
IBPS Clerk Allowances 2022
Apart from the basic pay that is been set by the commission, the candidates who clear the IBPS clerk examination and enter into the job are entitled to get several allowances and financial benefits from the banks. The given below are the details regarding the salary benefits that candidates will obtain from the bank as an employee.
- Dearness Allowance
- House Rent Allowance
- Travel Allowance
- Medical Allowance
The table given below gives the idea regarding the IBPS Clerk Allowance structure for the employees in the year 2022.
|IBPS Clerk Allowance Structure|
|Population More Than 45 lakhs||Population Less Than 45 lakhs|
|Basic Pay||Rs 11765||Rs 11765|
|Dearness Allowance||Rs 5311||Rs 5311|
|Travel Allowance||Rs 425||Rs 425|
|Special Allowance||Rs 911||Rs 911|
|House Rent Allowance||Rs 1176||Rs 1058|
|Total IBPS Clerk Salary||Rs 19588||Rs 19470|
IBPS Clerk Exam Pattern 2022
The IBPS Clerk exam occurs in two stages: Prelims and Mains. Both these papers follow the online method of conducting the written examination. The structure of the exam is as follow:
IBPS Clerk Prelims Exam Pattern 2022
The preliminary exam of IBPS Clerk CWE is an online exam testing a candidate on the basis of their aptitude, intellect, and English. There are three sections in total and the candidate must clear the cut-off of each section to proceed to the mains exam round.
Candidates are required to solve the question paper in the time frame of 20 minutes for each section. The composite mark of the paper is 100 and the passing marks are decided by IBPS that is likely to change every year depending on the level of difficulty of the exam.
|S.No.||Name of Tests(Objective||No. of Questions||Maximum Marks||Duration|
|1||English Language||30||30||20 minutes|
|2||Numerical Ability||35||35||20 minutes|
|3||Reasoning Ability||35||35||20 minutes|
|Total||100||100||Composite time of 1 Hour|
Candidates have to qualify in each of the three tests by securing minimum cut-off marks to be decided by IBPS. The adequate number of candidates in each category as decided by IBPS depending upon requirements will be shortlisted for Online Main Examination.
IBPS Clerk Mains Exam Pattern 2022
No changes have been observed in the Exam Pattern of IBPS Clerk 2020 Exam. IBPS Clerk Mains Exam will now constitute 190 questions that need to be completed in a time frame of 160 minutes.
Previously, Computer Aptitude and Reasoning Ability Section used to be conducted separately. But, in the recent update by IBPS, both these sections are amalgamated together and will constitute 50 questions that need to be solved in a time duration of 45 minutes. Both Preliminary Exam and Mains Exam will be conducted bilingually, i.e. both in English and in Hindi. Let’s have a look at the Exam Pattern for IBPS Clerk CWE X.
|S.No.||Name of Tests(Objective||No. of Questions||Maximum Marks||Duration|
|1||Reasoning Ability & Computer Aptitude||50||60||45 minutes|
|2||English Language||40||40||35 minutes|
|3||Quantitative Aptitude||50||50||45 minutes|
|4||General/ Financial Awareness||50||50||35 minutes|
There is a penalty for wrong answers marked in both preliminary examination as well as mains examination. A wrong answer to an objective question will lead to a penalty of one-fourth of the total mark assigned to that question. There will be no penalty for the question left blank or unanswered.
Penalty for Wrong Answers
There will be a penalty for incorrect responses marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as a penalty to arrive at a corrected score. If a question is left blank.
Score Calculation for IBPS Clerk Exam
The accurate scores received by each of the competitors in different sessions will be normalized using the equi-percentile method. Scores up to two decimal points shall be considered for the total calculations
IBPS Clerk Cut-off Score (Online Main examination)
Each applicant will be expected to achieve a minimum score in each test of the Online Main Examination and also a minimum complete score to be considered for more processes. Depending on the number of State/ UT wise vacancies available, cut-offs will be decided and candidates will be considered for temporary allotment. Before the completion of the provisional allotment process scores obtained in the Online Main Examination will not be shared with the candidates.
Documents to be Produced
- Printout of the online application form registered for CRP Clerks-XI
- Proof of Date of Birth
- Photo Identify Proof as indicated in Point G
- Mark-sheets & certificates for Graduation or equivalent qualification etc. Proper document from Board / University for having declared the result has to be submitted.
- Caste Certificate
- Income and Asset Certificate
- Disability certificate
- Ex-Servicemen category should submit Proforma B from the Competent Authority showing his/her date of completion of a specific period of engagement (SPE) along with the declaration in Proforma C.
- Candidates serving in Government / quasi govt offices/ Public Sector Undertakings (including Nationalised Banks and Financial Institutions) are required to produce a “No Objection Certificate”
- Persons eligible for age relaxation should bring the relevant documents related to it.
- Any other relevant documents in support of eligibility.
IBPS Clerk Job Profile 2022
IBPS Clerk Duties & Responsibilities 2022
- Deposit and withdrawal cash handling is the primary work of the clerks.
- Clerks handle the receipt of cheques, drafts, dividend warrants, and pay orders.
- Cheque Verification, Demand draft issue, Account Opening, and Account Closing related matters.
- Issuing ATM cards, Debit and Credit Cards, gold loans, etc.
- Maintaining a daily record of balance, attending Government Treasury related matters.
- Back-office works like receipts collection, ledger maintenance, tally balance, data entry, issue ESI stamps, etc
- The clerk also has a significant role in the marketing of financial products of the Bank such as loans, mutual funds, deposits, schemes, etc.
- Clerks often serve as customer service agents, or the customers first personal contact.
- Clerks are entitled to serve the customers to make them understand the different bank products and how it works and the difficult banking terms.
IBPS Clerk Participating Banks 2022
- Vijaya Bank
- United Bank of India
- Union Bank of India
- UCO Bank
- Syndicate Bank
- Punjab & Sind Bank
- Punjab National Bank
- Oriental Bank of Commerce
- India Overseas Bank
- Indian Bank
- Bank of Baroda
- Allahabad Bank
- Bank of India
- Dena Bank
- Corporation Bank
- Central Bank of India
- Bank of Maharashtra
- Andhra Bank, and
- Canara Bank
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