IBPS Clerk and PO Salary

Can you tell me what salary one can expect being on the seat of Clerk and PO (Probationary Officer) in Institute of Banking Personnel Selection (IBPS)?

[Shaleen]

Salary one can expect being on the seat of Clerk and PO (Probationary Officer) in Institute of Banking Personnel Selection (IBPS) is as follows:

IBPS Clerk

IBPS Clerk Pay Scale with Salary details - Gross Salary and Cash in Hand at 109.8% DA

Clerk Salary in IBPS at 109.8 % DA -
Rs. 17500 (Gross)
Salary Structure:
Basic Salary in 7200 basic pay: 8000
Let us calculate IBPS Clerk Salary.
Dearness Allowance at 109.8 % = 8784
House Rent Allowance: 10%= 800
Transport Allowance: 225
IBPS Clerk Cash in hand Salary is Rs. 17000-18000.

IBPS Clerk Pay Scale
Pay Scale of IBPS Clerk: 7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300

IBPS Clerk basic pay for new recruit will be Rs. 7200. Up to 3 years, they get promotion in their basic pay of Rs. 400 every year till the basic pay becomes Rs. 8400.

After the next 3 years, they get 3 promotions in their basic pay as it increases 500 per year to reach to Rs. 9900.

After that, they get Rs. 600 increment per year for 4 years till their basic pay reaches 12300.

This process continues till the basic pay reaches Rs. 19300.

IBPS PO

Salary Structure
• For Metro Cities
Basic Pay – 14500.00
Dearness Allowance @99.9% – 14485.5
CCA (3% to 4% Max. Rs540/-) -540.00
Total Salary (Excluding HRA) – Rs.29525.5
HRA – 8.5%; 7.5%; 6.5%* – Rs.1232.50
Total Salary (Including HRA) – Rs.30758.0
• For State Capital
Basic Pay – 14500.00 (p.a.)
Dearness Allowance @99.9% – 14485.5
CCA (3% to 4% Max. Rs540/-) -375.00
Total Salary (Excluding HRA) – Rs.29360.5
HRA – 8.5%; 7.5%; 6.5%* – Rs.1087.50
Total Salary (Including HRA) – Rs.30448.0
• For District Level and Rural Level
Basic Pay – 14500.00 (p.a.)
Dearness Allowance @99.9% – 14485.5
CCA (3% to 4% Max. Rs540/-) – 0.00
Total Salary (Excluding HRA) – Rs.28985.5
HRA – 8.5%; 7.5%; 6.5%* – Rs.942.50
Total Salary (Including HRA) – Rs.29927.0

IBPS PO Salary after 10th Bipartite:

Basic Pay- Rs 14500 (Now), Rs 26705 (Merged 60.15 % of DA in to current Basic Pay) (Revised)
House Rent Allowance- Rs 942.5 (6.5% Of Basic Pay) (Now), Rs 1996.2 (7.475 % of Basic Pay) (Revised)
Dearness Allowance- Rs 15921 (109.8% of Basic Pay)(Now), Rs 8839.36 (33.1% of Basic Pay) (Revised)
Total- Rs 31364- (Now), Rs 37541 (Revised)
NPS Contribution-Rs 3042.1 (Now), Rs.3554.44 (Revised)
Cash In Hand- Rs 28321 (Now), Rs 33986 (Revised)