IBPS Salary Clerk PO SO 2016 – 17 in Hand Structure Details

IBPS Salary Clerk PO SO 2016 – 17

Hello, we are providing in this page full details about the IBPS Salary Clerk PO SO 2016 – 17 for those Aspirants who are preparing for the IBPS Clerk Exam and wish to know the complete details of IBPS Clerk Salary they can obtain the entire information through this page. Through this page aspirants can check the IBPS Clerk Pay Structure and Per Month Pay Scale also the In Hand Salary by which candidates can get an idea of IBPS Clerk Income and Allowances. Acquire complete information about IBPS Clerk Salary 2016.

IBPS is stand for Institute of Banking Personnel Selection. Every year Institute of Banking Personnel Selection conducts recruitment for various posts of PSU banks. For staff of its participating banks, IBPS conducts clerical cadre examination.

Job seekers who want to get job in banking sector s Clerk they should check the below given details as we are here mentioning the IBPS Clerk Salary.

IBPS Clerk Salary

Typical Salary Structure for Clerk

Facilities Places with population of more than 45 lakhs Places with population of more than 12 lakhs Places with population 5 lakh and above, State Capitals/UT etc Other Places
Basic Pay Rs.7200.00/- Rs.7200.00/- Rs.7200.00/- Rs.7200.00/-
Dearness Allowance Rs.6922.80/- Rs.6922.80/- Rs.6922.80/- Rs.6922.80/-
HRA – 10 ; 9%; 7.5%,7% Rs.720.00/- Rs.648.00/- Rs.540.00/- Rs.504.00/-
Total Salary(including HRA) Rs.14842.80/- Rs.14770.80/- Rs.14662.80/- Rs.14626.80/-
In Hand Salary
Component Now After Revision
Basic 8000 12812
HRA 800 (10 % Of DA) 1921 (15 % Of DA)
DA 8000 5124
Total 17225 21990
Pf -1722 -2199
Tax -20 -20
Union Fee -40 -60
Benefit Fund -250 -250

 

SBI PO vs IBPS PO – Salary Comparison
IBPS PO SBI PO
37,360 -38,700 per month. (Including HRA) 45,000 per month (HRA depends on place of posting, so salary may vary).

 

Check HereLatest Upcoming Bank Jobs 2016-17

SBI PO: 

The revised /initial starting basic pay is Rs.23700/- (four additional increments will also apply) in the pay scale of 23700-980/7-30560-1145/2-32850-1310/7-42020 (revised as on 1st June 2015) applicable to Junior Management Grade Scale – I.

Basic Pay: Rs. 27620.00

Dearness Allowance (DA): 

Revised DA for the quarter 2015-2016 is 39.80% of the Basic Pay. In Banks, DA is revised quarterly and is based on the CPI data as revealed by Government of India.

CCA: This is paid @ 4%, 3% or 0% depending on the place of posting.

Special Allowance: For officers it is paid @ rate of  7.75%

 Read Also: Current Afairs 2016 Read in Hindi/English- करंट अफेर्स

IBPS PO:

In most of the public sector banks, Salary of PO is almost same. Thus, CTC will vary from bank to bank and place of posting. Current, revised basic pay of PO:

23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020

Basic Pay: Rs. 23700

Annual Increment: Rs. 980 , it will be applicable for a period of 7 years.

Dearness Allowance

Revised DA for the quarter 2015-2016 is 39.80% of the Basic Pay. In Banks, DA is revised quarterly and is based on the CPI data as revealed by Government of India.

Special Allowance:

In the latest revision, a special allowance has been added to the salary structure of Bank PO. In addition, it is 7.75% of the Basic Pay.

House Rent Allowance: 

This varies according to Bank PO’s place of posting and can be 9.0% or 8.0% or7.0% depending upon metros, big cities and other locations.

City Compensatory Allowance

This also depends on the place of posting and can be either 4% or 3 % or0%.

Note:

Dear contenders our team of www.frehsersjobadda.in has mentioned above clearly. For getting more details, you must keep visiting our official website portal. You can subscribe our free mail section to get the latest updates regarding IBPS Clerk Salary 2016 into your mail box.

Check More Related Information

IBPS PO Notification IBPS CWE PO Interview Call Letter
IBPS PO/SO Online Registration IBPS Calendar
IBPS RRB 2016 – 17  Current Affairs 2016 Hindi/ English
IBPS PO Syllabus 2016 How to Crack Interview Tips & Skills

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