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Banking & Insurance Asked on December 16, 2025

What is the starting Basic Pay, Pay Scale, and the major allowances provided to an IBPS Clerk (Customer Service Associate)?

Salary, Basic Pay, and Allowances

Student Question

Anonymous

Verified Answer

MySarkariNaukri Editorial Team
Expert Verified
An IBPS Clerk (also referred to as Customer Service Associate) is placed in the Clerical Cadre and receives pay according to the latest Bipartite Settlement Pay Scale.

  • Basic Pay (Starting): The initial Basic Pay is approximately ₹24,050/- (as per the latest Bipartite Settlement, subject to the official notification's rules).
  • Pay Scale (Example Progression): The current pay scale generally starts at ₹24050 and includes increments over a period of service, reaching a maximum basic pay of approximately ₹64,480.
  • Major Allowances: These significantly enhance the gross monthly salary:
Dearness Allowance (DA): Based on the Consumer Price Index (CPI) and revised quarterly.
House Rent Allowance (HRA): Varies by posting location (City Classification X, Y, or Z), ranging from approximately 6.5% to 8.5% of Basic Pay.
Special Allowance (SA): An additional fixed component.
Transport Allowance (TA): Fixed monthly allowance.
* Other Perks: Medical Aid/Allowance (annual) and Newspaper Allowance, subject to the specific bank's policies.

  • Clarification: The gross monthly emoluments, including all allowances, typically range between ₹37,000/- to ₹40,000/- at the time of initial joining, depending heavily on the city of posting.
Last verified: December 16, 2025 Editorial Policy