IBPS Clerk 2025 Salary
The banking aspirants who are planning to apply for IBPS Clerk 2025 and are curious to know the IBPS Clerk salary structure and career growth, go through the details mentioned in the article.
IBPS Clerk Salary 2025 PayScale
As per the IBPS, the pay scale of a Clerk in IBPS is 24050-1340/3-28070-1650/3-33020-2000/4-41020-2340/7-57400/4400/1-61800-2680/1-64480
IBPS Clerk Salary Structure
- Dearness Allowance – DA is 4% of the basic pay for the employees which is revised quarterly.
- House Rent Allowance – HRA is basically 7-9 % of the basic pay
HRA% is varied as per the cities that the candidate will be posted in eventually:
Cities | HRA % |
---|
Metro Cities | 8.5 |
Cities with Population more than 5 lakhs | 7.5 |
Other Cities | 6.5 |
The IBPS clerk salary varies from bank to bank as well. Few other facilities that can be availed by the employees are home loans, education loans, medical benefits, etc.
IBPS Clerk Allowances
IBPS clerk gets other allowances other than the allowances besides basic pay. These are
Allowance | Amount |
Dearness Allowance: | This component is 4 percent of the Basic Pay. DA depends on the CPI and is revised after every three months. |
House Rent Allowance: | The HRA is dependent on the location of the posting. It is 8.5 percent of the Basic Pay for Metro Cities, 7.5 percent of the Basic Pay for cities having a population of more than 5 lakhs, and 6.5 percent of the Basic Pay for other cities. |
Travel Allowance: | The official tours and travels will be reimbursed by the bank. |
Medical Allowance | Medical allowance is fixed, wherein an IBPS Clerk gets Rs. 2,000 once in a year. |
Special Allowance | For IBPS Clerk, this amount is fixed at INR 4118/- |