What is the annual salary of IBPS Clerk?

<p>The annual salary of an IBPS Clerk isn't a fixed figure. It depends on the basic pay and various allowances provided by the bank. Here's a breakdown:</p><ul><li>Basic Pay Scale: The IBPS Clerk pay scale starts at 19,900 and goes up to 47,920 with annual increments.</li><li>Allowances: On top of the basic pay, IBPS clerks receive various allowances like Dearness Allowance (DA), House Rent Allowance (HRA), Travel Allowance (TA), and other perks depending on the bank and location.</li><li>Estimated in-hand salary: Considering both basic pay and allowances, the in-hand salary of an IBPS Clerk can range from Rs. 28,000 to Rs. 30,000 per month. This is an estimate and can vary depending on the location, specific allowances offered, and deductions.</li></ul>

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IBPS offers a lucrative IBPS Clerk salary according to 7th pay commission. The annual salary is around INR 3 to 4 Lacs along with various allowances and perks. IBPS Clerk salary depends on the location they are currently working. Apart from salary, candidates are given house rent allowance, dearness allowance, medical allowance, travel allowance, special allowance and transport allowance.

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