Institute of Banking Personnel Selection (IBPS)

IBPS (Institute of Banking Personnel Selection) established in 1975, conducts number of exams for selection of candidates in banks for various posts like Probationary Officer, Clerk, Officer Scale II, III and Specialist Officer etc.

Generally, the recruitment can be divided into two major parts

1. Recruitment of Probationary Officer (Scale I)

2. Recruitment of Clerk (Clerical Cadre)

IBPS Clerk

The Institute of Banking Personnel Selection (IBPS) conducts competitive examinations every year for recruiting clerical cadre (Clerk) to all Government Banks (except State Bank of India). This is a golden opportunity for the aspirants who are looking for Government Bank Jobs.

IBPS Clerk Job Profile

The IBPS Clerk work profile includes Single Window Operator, Cashier, Assistant, Teller, Accounts, Data entry, Exchange, Statement, Loan, etc.

Eligibility for IBPS Clerk 2020

Basic educational qualification required for IBPS Clerk is Graduation degree (BA, BCom, BSc, B.Tech or equivalent).


The candidate should have passed in English as one of the subjects at SSC/ HSC/ Intermediate/ Graduation level.

Age Limit for IBPS Clerk

Minimum Age: 20 years
Maximum Age: 28 years
Age Relaxation (Age Relaxation permissible beyond the Upper age limit):
SC/ST: 5 years, OBC: 3 years

IBPS Clerk In-hand Salary

Total in-hand salary of an IBPS Clerk on joining at a metro city will be around Rs. 23115. However, the total salary of an IBPS Clerk who has to join in a rural area will be about Rs. 19500.

Facilities Provided Salary
Basic Pay Rs. 13075
Special Allowance Rs. 1561
DA Rs. 7073
CCA Rs. 0
TA Rs. 425
Total (without HRA) Rs. 18413
HRA Rs. 980
Gross Salary Rs 23115

* DA - Dearness allowances
* CCA - City Compensatory Allowance
* TA - Transport Allowance
* HRA - House Rent Allowance

Dearness allowances: DA is 4% of basic pay and revised quarterly for every 3 months which is based on CPI (Consumer Price Index) declared by the banks.

House Rent Allowance: HRA is 7-9% of basic pay. HRA is different in different cities.



Metro cities 8.5
Cities with a population more than 5 lakhs 7.5
Other cities 6.5

• Special Allowance: 7.5%

• After completion of the one-year service, you will an increment of 400/- and Rs. 500 increment in 2nd year.

• After the 10th Bipartite Wage Settlement of 2015, a Bank Clerk’s salary has increased from now salary Rs. 21,339 to Rs. 23,117.