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

IBPS Clerk Pay Scale with Salary details - Gross Salary and Cash in Hand at 109.8% DA
Institute of Banking Personnel Selection is the institutional body which conducts recruitment for various posts of PSU banks. For staff of its participating banks, IBPS conducts clerical cadre examination every year throughout India. The examination is conducted through online mode. Those candidates who qualify the exam and interview gets selected for the posts of clerks. The starting and final salary of these clerks is provided here. This IBPS Clerk Salary 2015 details are based on Current Dearness allowance which is approx. 109.8 %. All details are latest updated.

IBPS Clerk Salary at 109.8 % DA with Pay Scale

Institute of Banking Personnel Selection clerk salary 2015
These Salary structure details will be updated as per new information i.e. whenever it gets revised.
Clerk Salary in IBPS at 109.8 % DA -
Rs. 17000-19000 (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. 16000-18000.
It increases as DA gets revision every 6 month. The above calculation is based on current dearness allowance.

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 (under review)
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.

Note: Salary for new recruit after 10th bipartite settlement will range from Rs. 21000 to 23000.

Also check out - IBPS SO Salary