IBPS Clerk Job Profile, Salary, Allowances, Duties and Promotion Prospects

IBPS Clerk Job Profile

Most of the bank job seeking aspirants of IBPS Clerks must have not known what is there in the store for them.  If you have taken IBPS Clerks Prelims and mains exam and have been waiting for the final result with a confidence that you will crack the exam then you have to read this post for sure.  You are newbie and so you don’t know how the banking sector works.  Though you are a newbie you need to have a good idea about the job profile and what’s your job after being appointed as a clerk in any of the IBPS banks.   We are going to share with you the job profile, salary, future growth, and responsibility of IBPS Clerk in our article.  If you are an aspiring clerk and want to know what the Clerk job is all about then just read on.

Candidates who have been shortlisted for IBPS Clerk post will need to go for probation period of six months.  This is the time when you are considered as temporary employee and after the successful completion of probation period you will be confirmed as a permanent employee of the respective bank.

IBPS Clerk Job Profile

Clerk is the first person that the customers will reach out to in first place.  So, clerks will be trained in various fields at the time of probation period.

Single Window Operator (SWO)

SWO will handle duties like receipt of cheques, drafts, cash passing and cash payment.

Head Cashier (HC)

The duty of Head Cashier is to keep a track of bank’s cash, bank keys etc.  HC is the head of cash department.

Special Assistants (SA)

Special Assistant’s will take care of checking the work of other clerks and sub staff.  SA will head the concerned department/section.

Universal Teller (UT)

The duties of Universal Teller are to receive cheques, withdrawal forms, update pass books, verify customer’s account details, signature etc.  UT is also responsible to promote the products and services of the bank to the customer.

Agricultural Assistants

Along with carrying clerical work, AA’s will carry agriculture related duties.

Also Read : IBPS Clerk Salary Structure

IBPS Clerk Salary

Along with basic pay, the clerks will receive allowances depending on their post.

Basic pay

• The pay scale of clerk is Rs.11, 765 to Rs. 42,020.
• On successful completion of one year, the basic pay will be hiked by specific amount like Rs.400/-
• On successful completion of two years, there will be 500 increment for next three years.

IBPS Clerk Allowances

Dearness Allowance

DA is changed every 3 months.  It is changed as per Consumer Price Index (CPI).  The DA will rise or go down depending on CPI.

House Rent Allowance

• HRA depends on the place you are posted as rents depend on the area.
• If you are posted to metro cities HRA will be 8.50% of basic pay.
• If you are posted to cities with population more than 5 lakhs, HRA will be 7.50% of basic pay.
• If you are posted in any other metro cities, HRA will be 6.50% of Basic pay.

Medical Allowance

MA is paid annually and is fixed to Rs.20000.

After the 10^th Bipartite Wage Settlement of 2015, the pay scale of the clerk will see a hike from Rs.21,339 to Rs.23,117.

IBPS Clerk Promotion

• As Clerk is the staring designation at any bank, there will be lots of opportunities for the clerks to get promoted.
• After few years, you will be eligible to take promotional exam. On clearing the exam, you will be promoted as Trainee Officer (TO).
• After TO, the next designation is PO and so on.