North Malabar Gramin Bank Salary

Can you provide me the salary structure for the Clerk Post for North Malabar Gramin Bank a Regional Rural Bank under Institute of Banking Personnel Selection (IBPS)?

[pawan]

The salary structure for the Clerk Post for North Malabar Gramin Bank a Regional Rural Bank under Institute of Banking Personnel Selection (IBPS) is as follows:

IBPS Clerk Salary and Perks 2017

Facilities Places with Population > 45 lakhs Below 45 Lakhs
Basic Pay Rs.11765/- Rs.11765/-
Special Allowance Rs.911.79/- Rs.911.79/-
DA Rs.5311.58/- Rs.5311.58/-
CCA Rs. 0/- Rs. 0/-
Transport Allowance Rs.425/- Rs.425/-
Total (without HRA) Rs.18413.37/- Rs.18413.37/-
HRA Rs.1176.5/- Rs.1058.85/-
Gross with HRA Rs.19589.87/- Rs.19472.22/-

IBPS Clerk Salary and Allowances

The Basic Pay Scale of IBPS Clerk is Rs 11,765 Rs 42,020. Here Rs 11,765 is the Basic pay. The main allowances that a Bank Clerk gets are following:

1. Dearness Allowance (DA): In Bank, DA is revised quarterly and is based on CPI as declared by the banks i.e. DA can go up with higher CPI and vice versa.
2. House Rent Allowance (HRA): This varies according to Clerk’s place of posting. And it can be 8.50%, 7.50% and 6.50% depending on metros, big cities, and other locations.
3. Medical Allowance: This allowance is paid annually. And for a clerk, it is fixed at Rs 2000.
4. Transport Allowance (TA) – It is also an additional amount on IBPS Clerk take home salary.
5. IBPS Clerk cash in hand salary: Rs 19,461.

IBPS Clerk Salary after 11th Bipartite Settlement

If The Indian Banks’ Association (IBA) agrees for 20% increment, Final Basic Pay will be Rs.15, 374. So, one obtain total 38.80% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk will be Rs.21, 339/- (Worst Possible Scenario)

If IBA agrees for 25% increment, Final Basic Pay will be Rs.16,015.So, total Gross Salary of Bank fresher Clerk will be Rs.22,228/- (Somewhat Good)

If IBA agrees for 30% increment, Final Basic Pay will be Rs.16, 655. So, total Gross Salary of Bank fresher Clerk will be Rs. 23,117/- (Good Settlement)