Sahil Sharma

What is the starting salary of bank clerk

Salary structure of a bank clerk

by Sahil Sharma
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2 answers

RE: What is the starting salary of bank clerk

Dr. K.V. Anand
Dr. K.V. Anand
Verified Career Expert
Career Guide, Educationist, Author and Clinical Psychologist
  • Palakkad

Dear Aspirant
Welcome to CareerGuide.com
We are more than happy to guide you through to a proper career.

I shall answer your question directly. Almost all public sector banks place the clerks in the following salary scale at the first stage of the grade.

7200-8400-9900-12300-17200-18500-19300


Starting basic salary will be Rs. 7200/-. Add with this your dearness allowance (DA) which is calculated according to the present available schemes. The dearness allowance changes are made almost every six months. Add House Rent Allowance. This house rent allowance differs from city to metropolitan.

Altogether for a clerk at a metro city the starting toral salary could be around Rs. 14500 plus specific jobh allowance which may come around Rs. 1000/-. So sum total Rs. 15500/-.

Definitely this is not bad for a starting person.

Good luck.
Dr. K V Anand PhD

RE: What is the starting salary of bank clerk

Arun Khatri
Arun Khatri

Each year thousands of students for the exams conducted for the position of Clerk. The perks and allowance along with a handsome salary are enough to grab the attention of many aspirants. Exams such as IBPS Clerk and other Scheduled banking exams are specially conducted for filling up the position of clerks in all the reputed banks.

The starting salary of a Clerk is between 20-25k per month. This is the salary in cities which has a population more than 45 lakhs. The cities in which the population is below 45 lakh, the salary is a bit lower.

So, as you can see the benefits are huge if you are looking for a career in this sector.

To get more details about all the benefits and allowances in this job, visit the link shared above.

Ciao..!!

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