Salary of Bank Clerk or Bank Clerk Salary: Pay Scale For Clerk In Bank

Bank Clerk Salary or Salary of Bank Clerk or Pay Scale For Clerk In Bank. Bank Clerk Salary 2013 at Joining.

Note: Starting salary of Bank Clerk based on D.A of May 2013.

Salary of Bank clerk in India (Public Sector Banks) or Pay Scale of Bank Clerk:

The salary of clerks in most of the Public Sector Banks (PSB) and some private sector banks (those who are agreeing the bipartite settlement of banks) is same and last revision in salary structure has taken place w.e.f November 1, 2007.

Almost all public sector banks place the clerks in the following scale at the 1st stage of the grade :-

Rs. 7200 – (400×3) – 8400 – (500×3) – 9900 – (600×4) – 12300 – (700×7) – 17200 – (1300×1) – 18500 – (800×1) – 19300

The initial Basic Pay of a clerk will be Rs.7200/- . The figures in the brackets indicate the annual increment and the number of stages for which the same is applicable.

Other major allowances payable on monthly basis as part of the Bank Clerk’s salary:

In addition to Basic Pay, clerks in banks are eligible for the following allowances :-

(a) Dearness Allowance (DA) : DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India. The current DA (for the month of May, 2013 is 84.15% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.

(b) House Rent Allowance (HRA) : This depends on the place of posting and it can be either 10% or 9% or 7.5% and 7% depending on the place of posting.

Total salary or emoluments of a newly recruited clerk in bank:

The above indicates that the total salary of a clerk on joining at a metro station will be around Rs.13,900/. However, the total salary of a clerk who has to join in rural area will be about Rs.13,000/-. In addition to this, you can also be paid certain allowances which are specific to the job you have been allocated viz. Cashier or CTO (approximately Rs.1000/-)

Places with population of more than 45 lakhs Places with population of more than 12 lakhs (including Goa) Places with population of 5 lakh and above, State Capitals/UT etc  Other Places
Basic Pay 7200.00 7200.00 7200.00 7200.00
Dearness Allowance 6058.80 6058.80 6058.80 6058.80
HRA – 10 ; 9%; 7.5%, 7% 720.00 648.00 540.00 504.00
Total Salary (including HRA i.e. if officer does not avail leased accommodation) 13978.80 13906.80 13798.80 13762.80


Update:
It is to be noted that the 10th Bipartite Settlement is due for Bank Staffs/ Officers since November, 2012. After this settlement, it is expected that the salary at entry level in clerical cadre will be above Rs. 20,000.

19 thoughts on “Salary of Bank Clerk or Bank Clerk Salary: Pay Scale For Clerk In Bank

  1. Plz mention salary structure of SBI assistant who r selected rt nw…plz provide details who will b joining this time in SBI

  2. give details of salary structure of SBI clerk at the time of joining

  3. plz someome tell me what process left in sbi clerical i qualified both interview and written 

  4. Is it possible that PNB have additional eligibility criteria of age between 20-25 years for IBPS Clerk 2 alloted candidates ?
    (it was so previous year/ clerk 1 )

  5. pls cud u pls advise whether any chances of first and second waiting list in IBPS clerk 2…….???

  6. what is salary of clerk in bank of india? i didn’t understand that DA, CA, HRA,whats the total salary for a month which i ll take to home ,pls reply,

  7. basic 7200 for 12 th pass, 2 increment for graduation i.e. 8000 for graduate.
    for 12 th passed (7200 (basic)+6058(da)+504(at least HRA)+225(TA)=13987)

    for graduate (8000(basic)+6732(da)+560(at least HRA)+225(TA)=15517)

  8. ronak banker says:

    any friends from gujarat who has been alloted dena bank, if any process is start or any update is known .then share it please………

    mail to my email id :
    my email id = bankerronak@gmail.com

  9. posting will be in same state/UT for which we have applied?

  10. I am from haryana.what is the difference between clerk and multi purpose assistant.please help me out i m confused about these posts.

  11. give me a ibps clerk salary time of joining

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