What are your growth prospects with IBPS Clerk Job?

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What are your growth prospects with IBPS Clerk Job?

What are your growth prospects with IBPS Clerk Job?

What are your growth prospects with IBPS Clerk Job?: IBPS Clerk Jobs is a highly sought after post in the banking sector of India. The job is for public sector banks. The clerk is the first person the customer approaches for any queries and guidance.

Hence, the roles and responsibilities of an IBPS clerk include handling customer operations, handling front desk enquiries, and assisting customers in deposits and withdrawals. The job profile also includes depositing cash at the cash counter, issuing bank statements and taking care of customer emails and deliveries.

Reasons to become an IBPS Clerk

IBPS Clerk career prospects are quite bright and IBPS Clerk Salary is attractive. After working diligently for three consecutive years, a clerk can expect his first promotion. This promotion is based on the performance of the clerk. Clerks can also appear for an internal examination, after which they can be promoted to the post of Probationary Officer or Assistant Manager.

Once a clerk completes a few years as a clerk or works in a managerial position, a clerk can also appear for additional exams like JAIIB or CAIIB to enhance his career prospects. This will significantly increase the salary of IBPS clerks.

Basic Salary and Benefits of IBPS Clerk

The basic salary of an IBPS Clerk ranges between INR 11,500 and INR 13,000. Certain benefits and transportation allowances are added at this stage. After qualifying the IBPS Clerk Exam, the Clerk will earn between INR 18,000 to INR 21,000 during the training period.

Once training is completed, additional benefits and allowances like DA and HRA are added to the basic pay. It may vary slightly from one bank to another. The rates may vary slightly depending on whether the bank is located in a metro city or a tier-II city in India.

The salary of an IBPS Clerk in Hand can thus range from INR 11,765 to INR 31,540. It depends on the number of years of service the clerk has completed. The salary of an IBPS clerk increases every three to four years, making it one of the most secure jobs in the country.

Promotion Scale

The promotion scale of IBPS Clerk is as follows.

  • Scale 1 is the entry level position of IBPS Clerk.
  • In scale 2, they can become officers or assistant managers.
  • In scale 3 they become bank managers.
  • In scale 4, they can become senior managers in banks.
  • In scale 5, he can become Chief Manager.
  • In Scale 6, they become Assistant General Managers.
  • In scale 7 he can become Deputy General Manager.
  • In class 8th he can become a general manager of a bank.

With every promotion, the salary of IBPS Clerk in hand increases. If they reach the promoted posts, they will no longer be clerks. Even if a clerk chooses to stay in a clerical position, there is a substantial increment every three to four years. Basic pay increases, and DA and HRA calculated at 4% and 7% of basic pay also increases accordingly. Thus the position of IBPS Clerk is secure and respectable and offers a lot of scope for career advancement.

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