IBPS Clerk Job Profile, Salary & Career Growth – Complete Details
IBPS Clerk Job Profile- Get details of IBPS Clerk job profile, roles & responsibilities, pay scale & perks, career path and much more.
IBPS Clerk Job Profile
The IBPS Clerk is again one of the most coveted IBPS job profiles apart from IBPS PO. IBPS Clerk is sought for the perks & benefits associated with the job profile and the opportunity of promotion & progress. Over the years, IBPS Clerk has become one of the most popular banking exams in India because of good respect in society. To help you in making a better and enlightened decision of choosing IBPS Clerk as your profession, we bring you this article on IBPS Clerk Job Profile with details related to the profile.
IBPS Clerk 2018 exam is scheduled to be conducted in the month of December. IBPS has released the notification for CRP Clerks-VIII for vacancies of 2019-20 for various participating banks. It is a good opportunity for those who aspire to start their career in the Banking sector. Candidates clearing the IBPS Clerk 2018 exam, will be placed in any of the 19 participating banks. But before anything else, it’s crucial for you to know more about the detail IBPS Clerk Recruitment 2018.
Roles and Responsibilities – IBPS Clerk Job Profile
IBPS Clerk is an entry level position in Public Sector Banks. Clerks in banks are mostly involved in customer interaction and support. Their major role is to help you in performing all sorts of tasks.
As an IBPS Clerk, your major roles and responsibilities will include the following:
- Clerk deals with the front desk work and customer handling operations.
- A clerk works at the single window operations like managing inquiry corners, withdrawal, managing receipts etc.
- A clerk also deals with opening new accounts, cash collection, issuing bank statements and handling mails and delivery.
- Updating the passbook
- Clearing and transferring cheques
- Verification of signatures and discrepancies
- Issue cash receipts and ESI Stamps at counters
As a Clerk you will be trained for either some or all of the following duties in the probation period:
IBPS Clerk: Single Window Operator (SWO)
The duties, roles and responsibilities will involve receipt of cheques, drafts, cash passing and cash payment.
IBPS Clerk: Head Cashier (HC)
The duties, roles and responsibilities will involve holding the bank’s cash, bank keys and other such valuables in safe custody, jointly with an officer and being accountable and responsible for the streamlined running of the cash department.
IBPS Clerk: Special Assistants (SA)
The duties will be involved in looking after and checking the work of other clerks and sub staff. He/she will be accountable and responsible for smooth running of their concerned department/section.
IBPS Clerk: Universal Teller (UT)
The duties will be to receive cheques, withdrawal forms etc, update pass books, verify customer’s account details, signature etc. He/she has to illustrate the features of Bank’s various products and services to customers.
IBPS Clerk: Agricultural Assistants
In addition to the duties of clerical cadre, the duties will involve work in the issues related to agriculture.
Hence, it is evident that an IBPS Clerk gets exposure to various job profiles throughout his career and opportunity to hone multiple skills.
Begin your exam preparation by taking IBPS Clerk Mock Test.
IBPS Clerk Salary, Perks and Allowances
A Clerk in a Public Sector Bank can get a salary of Rs.18000 to Rs.21000 during the training period. After training period the perks and emoluments are added and it may vary from bank to bank. The Basic Salary Component of Bank Clerk may vary in the range of Rs 11,500 – Rs 13,000. (with a scope of promotion.)
Along with the pay scale involved, the allowances included are as follows:
- Dearness Allowance:In PSBs, DA is revised quarterly. DA increases with CPI. It is directly proportional to CPI. At present, Dearness Allowance is 39.4% of the Basic Salary.
- House Rent Allowance:HRA depends on the place of posting. It can be 8.50%, 7.50% and 6.50% depending upon metros, big cities and other locations. Broadly, HRA lies in the range of 7-9% of the Basic Salary.
- Special Allowance (7.5%)
- Medical Allowance:It is paid annually. For a clerk, it is fixed at Rs. 2000.
Check out the IBPS Clerk Syllabus 2018
When you add up the perks, benefits and the salary of an IBPS Clerk, it is quite convincing as compared to other jobs at the same level.
IBPS Clerk Job Profile Career Path and Growth
As per IBPS Clerk promotion process, the candidates would be promoted to higher posts on basis of their performance after working for 3 years. Through internal exams a clerk can get promoted to the post of Probationary Officer/Assistant Manager. After starting your career as Officer or Clerk in a PSB you can also appear for Associate Exams: JAIIB and CAIIB certification exam which is bright opportunity to get an edge over others.
Salary in Public Sector banks are revised and are revised as per the industry norms. So, it is recommended to all aspirants to take up departmental exams to give a boost to your career.
We have mentioned all the eminent information of IBPS Clerk Job Profile. We are sure that you are working hard to clear the IBPS Clerk Examination, and hence, we are confident that your efforts will be rewarded. Just keep going!
All The Best!
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