IBPS Clerk Job Profile and New Salary Structure | Know Allowances and Career Growth

The IBPS Clerk Job Profile and Salary Structure help the candidates in getting an idea of the basic remuneration they are entitled to receive once they join as a Clerk. Hence, it is very crucial that the candidates are well versed with the same. As the Clerical recruitment is out for 5500+ posts and the candidates who have applied for the same must be curious about it.
 
Another important thing here is that the salary structure has been revised by the Bank recently owing to which now the in-hand salary of the candidates have increased. Hence we have come up with this unique blog on the IBPS Clerk Job Profile and New Salary Structure that will help the candidates with the same. 

The IBPS has revised the salary structure of the IBPS Clerk 2021 and they have released the revised pay scale and allowances for the sake of the candidates. Earlier the in-hand salary of a newly joined IBPS Clerk was Rs 22,000 to 25,000 however now after revision the salary has been increased by Rs 4,000 to 5,000. The candidates can check out the revised salary structure in the space below:

 

IBPS Clerk comprises various job profiles like Accounts Clerk, Data Entry Clerk, Office Clerk, Loan Clerk, etc. As the IBPS Clerk has to deal with front desk work and the customers, they are also known as Single Window Operators. The first and foremost priority of the IBPS Clerk is to solve the complaints and issues of their customers. Candidates can be promoted to a higher level according to the bank policies. IBPS Clerk is not limited to a single type of duty like accounting rather they have major roles and responsibilities to deal with, these include:
 
• Document Verification and proofs submitted by the customers.
 
• Issue cash receipts and ESI stamps at counters
 
• Attending to Government Treasury Work
 
• Update passbook of account holders
 
• Collection of receipts, issuing bank statements, handling mails and deliveries, balance tally, etc
 
• They are responsible for sanctioning the withdrawals, verifying cheque,s and issuing demand drafts to the customers
 
• Guiding the customers related to the various banking activities.
 
• Opening new accounts and resolving the issues faced by the customers.

 

Career growth is either based on the seniority level or the departmental examinations held within the banks. Candidates could be promoted to the highest level of bank i.e General Manager by qualifying the departmental exams for which the candidates must have the JAIIB and CAIIB diploma from the Indian Institute of Banking and Finance. The stepwise promotion for the IBPS Clerk are as follows:
 
• Bank Clerk
 
• Officer/Assistant Manager
 
• Manager
 
• Senior Manager
 
• Chief Manager
 
• Asst. General Manager
 
• Deputy General Manager
 
• General Manager.
 
The IBPS Clerk receives a handsome salary along with the allowances and has a great chance of career promotion. IBPS Clerk has to wait for at least 2years to be eligible for a promotion but the promotions are conducted every two years.

Q.1: What is the age limit for the IBPS Clerk Exam 2022?
 
Ans.: The age limit for the IBPS Clerk Exam 2022 is 21 years to 28 years for the General candidates.
 
Q.2: Can a Diploma holder with first class be eligible for the IBPS Clerk Exam 2022?
 
Ans.: No, a Diploma holder with first class is not eligible for the IBPS Clerk Exam 2022
 
Q.3: Is there any age relaxation in the IBPS Clerk Exam 2022 for the OBC candidates?
 
Ans.: Yes, there is age relaxation in the IBPS Clerk Exam 2022 for the OBC candidates of 3 years in the upper age limit.
 
Q.4: How many times can a candidate appear for the IBPS Clerk Exam 2022?
 
Ans.: A candidate can appear for the IBPS Clerk Exam as long as they satisfy the age limit for the same.
 
Q5: What is the reservation policy for the Physically disabled candidates for the IBPS Clerk Exam 2022?
 
Ans.: The Physically disabled candidates for the IBPS Clerk Exam 2022 who have a disability of more than 40% will be eligible for age relaxations.