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IBPS Salary Structure 2017 – 2018 IBPS PO, Clerk, RRB, SO Pay Scale

IBPS Salary Structure 2017:

Are you looking for the salary structure of the IBPS PO, Clerk, RRB, SO posts? Then from the below mentioned information, you can acquire the latest Salary Structure  of IBPS. Planning on making your career in banking sector? If yes, then check  out this information about IBPS Salary Structure 2017 it will help you in setting your Goal for Banking sector job. Most of  the people choose this type of jobs because of its safe environment and an attractive salary. Most of us know that the pay scale in the banking sector is high, but a few of them knows about the complete salary structure and other extra allowances.

IBPS Salary Structure 2017

But, if you are not aware of it, then no need to worry. Here in this post we are going to give you complete details about the Salary Structure of different posts of the Institute of Banking Personnel Selection. So check out the IBPS pay scale 2017 for the Probationary Officers, Clerk, RRB, Specialist Officer posts with the details about facilities, allowances, grade pay, and salary after probation period. Candidates download IBPS Calendar 2018 PDF.

Read: IBPS Recruitment 2018

IBPS RRB Salary for Officer and Office Assistant Post:

Post Salary Structure
Office Assistant (Multipurpose) Rs. 15,000 – 19,000
Officer Scale – I Rs. 29,000 – 33,000
Officer Scale – II Rs. 33,000 – 39,000
Officer Scale – III Rs. 38,000 – 44,000

IBPS Salary for Probationary Officers 2017:

Post Salary Structure
Junior Management Grade – Scale I: Officer 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
Middle Management Grade – Scale II: Manager 31705 -1145 -32850 -1310 -45950
Middle Management Grade – Scale III: Senior Manager 42020 -1310 -48570 -1460 -51490
Senior Management Grade – Scale IV: Chief Manager 50030 -1460 -55870 -1650 -59170
Senior Management Grade Scale V: Assistant General Manager 59170 -1650 -62470 -1800 -66070
Top Management Grade Scale VI: Deputy General Manager 68680 -1960 -76520
Top Management Grade Scale VII: General Manager 76520 -2120 -85000
Executive Director (ED) Approx 1.5 + lac
 Chairperson and Managing Director (CMD) Approx 2 + lac
Total Salary for IBPS PO Officer:
Allowance Amount
Basic Pay 23700.00
CCA 870
DA 10163.63
Special Allowance 1836.75

Transport Allowance:

Allowance Amount
Canteen Subsidy 400
Entertainment 500
Gross Annual CTC (with HRA but without leased accommodation) 5,57,640.52
Gross with HRA 38703.38
HRA 2133.00
Medical Aid 8000
Newspaper 300
Pension Contribution 2500
Petrol 3000
Telephone 400
Total (without HRA) 36570.38

IBPS Salary for Clerical Posts:

Allowance Salary with Population above 45 lakhs Salary with Population Below 45 Lakhs
Basic Pay Rs.11765/- Rs.11765/-
Special Allowance Rs.911.79/- Rs.911.79/-
DA Rs.5311.58/- Rs.5311.58/-
CCA Rs. 0/- Rs. 0/-
Transport Allowance Rs.425/- Rs.425/-
Total (without HRA) Rs.18413.37/- Rs.18413.37/-
HRA Rs.1176.5/- Rs.1058.85/-
Gross with HRA Rs.19589.87/- Rs.19472.22/-

IBPS Salary for Specialist Officer 2017:

Post Salary Structure
Officer JMG Scale I Rs. 14500 600/7 18700 700/2 20100 800/7 – 25700/-
Officer MMG Scale II Rs. 19400 700/1 20100 800/10 – 28100/-

aTotal Salary for IBPS Specialist Officer:

Allowance Amount
Basic pay Basic pay is same irrespective of the city of appointment. It is INR 23700 that is from June 1,
HRA This is paid @ 9.0% or 8.0% or 7.0%   depending on the place of posting
DA As per the latest CPI released by the gov. the DA amount is INR 8605.88.
Special Allowance For scale I it is paid @ rate of 7.75%
Perks Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. 4,130
Least Accommodation Least Accommodation is up to Rs 29500, this is provided in lieu of HRA
CCA This is paid @ 4%, 3% or 0% depending on the place of posting

Apply: Bank Jobs 2018

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