Curious to know about the IBPS Salary Structure? Relax! Here we are sharing you the details related to the salary of IBPS employees. IBPS jobs always count as one of the precious jobs in the banking sector. There is lots of reason for the unconditional love for the IBPS jobs, but the primary and the main reason is its salary. IBPS offers a good salary to its employees with excellent additional benefits such as DA, HRA etc. The IBPS salary details for the Probationary Officers, Special Officer, and Clerk posts have been well stated on this page; you can check the complete details by going to the below section.
IBPS PO Salary Structure
The basic pay of the Institute of Banking Personnel Selection Probationary Officers’ salary is Rs. 23, 700. There will be an annual increment of Rs. 980, and it will be applicable for a period of 07 years.
IBPS PO Salary after 11th Bipartite Settlement
|Increment (Percentage) %||Basic Pay||Gross Salary|
Allowances For Probationary Officers (PO) Posts-
- Dearness Allowance (DA)
- Special Allowance
- House Rent Allowance
- City Compensatory Allowance
Perks For IBPS PO-
- Leased Accommodation
- Traveling Allowance
- Newspaper Reimbursement
- Medical Aid
- Benefits under New Pension Scheme
Salary Slip Of IBPS PO-
IBPS SO Salary Structure
The Special Officer will get a basic salary of Rs. 23700-980(7)-30560-1145(2)-32850-1310(7)-42020. Additional benefits will also provide to the employees.
The gross salary for the Special Officer post will be approximately Rs. 38000-39000/-.
|Dearness Allowance||36% of the basic pay|
|House Rent Allowance||9% or 8% or 7%|
|Special Allowance||As per the rules|
|City Compensatory Allowance||Varies between 4%, 3% or 0%|
|Lease Allowance||Up to Rs. 29500/- as per the posting location|
|In-Hand Salary||The gross salary of IBPS SO is around Rs. 38000-39000/-. After deductions, the employees get around Rs. 33000-35000 as in-hand salary in IBPS SO.|
Other Perks For IBPS SO Post-
- Conveyance allowance
- Newspaper allowance
- House & Furniture Allowance
- Medical Allowance
- Entertainment Allowance etc.
IBPS Clerk Salary Structure
The basic salary for the IBPS Clerk is Rs 11,765 and the Gross Salary is approx. Rs 22404
|Basic Pay||Rs 11,765|
|Special Allowance||Rs 1,561|
|Total (without HRA)||Rs 21,424|
|Gross Salary||Rs 22,404|