The Institute of Banking Personnel Selection (IBPS) every year comes up with the requirement of clerks in various public sector banks to fulfil vacancies.
This year, the IBPS clerk vacancies are in the range of 2550+, and it may increase in the near future. Applicants interested in taking up this job will need to undergo the entrance test and other selection processes. To appear for the exam, it is essential to have a complete idea on IBPS clerk syllabus, which comprises of banking and other subjects.
Having a whole idea about IBPS clerk exam pattern will help you in preparing for the exam, and secure marks require going for the next level. However, before you appear for the IBPS exam, it is vital to know the job profile and the career growth it offers. This information will keep you motivated throughout your preparation.
IBPS Clerk Salary
The basic pay of the IBPS clerk is Rs 1176/- pm. Apart from the basic income, the candidate is eligible to receive allowance including DA, CCA, TA, HRA and others. These allowances will add up to the total salary offered. You need to keep in mind that pay in banks; especially in IBPS are revised as per the banking norms. Moreover, the promotion in the job depends on the overall performance of the individual.
IBPS Clerk Job Profile
The job profile of the IBPS clerks mostly involves accounting work. This includes- Accounts Clerk, Data Entry, Office clerk, etc. According to your job nature and your performance, you will shift to upper-level from lower level. Any customer-visiting bank, the person encounters is the clerk.
In any kind of bank, the clerk is the first person the customer meets. Therefore, the job profile of a clerk is to handle valuable works related to customer’s accounts.
Listed below are the responsibilities of an IBPS clerk-
- Verifying banking document
- Manning single window counter
- Issuing cash receipts and ESI Stamps at Counters
- Updating Pass Books
- Attending to Government of Treasury Work
- The bank clerk is also responsible for performing back-office works including a collection of receipts, maintenance of ledger, etc.
- He/she is responsible to sanction or withdrawal of cheques, issuing demand draft and other services to customers.
- The bank clerk is responsible for holding the bank cash, bank keys and other valuables.
IBPS Clerk Career Growth
The career growth in IBPS clerk job entirely depends on the experience and the performance over the years. The clerk will get the chance of promotion at a higher level. Most of the banking aspirants want to reach the officer level. However, to get a promotion, the candidate needs to undergo the examination and interview session. This exam will carry a different level of IBPS clerk syllabus. Moreover, the candidate will need to be prepared well for the responsibilities higher position comes with.
Promotions are usually conducted in every 2 years and clerks having the opportunity to take part in it. There are two processes of moving from clerical jobs to officer promotion.
- Normal
- Merit-based
Both these are entirely based on the performance in exam and work.
Under the Normal process, the clerk will need to undergo the written exam, and based on the score and experience, he/she will be handed over the officer post. The aspiring candidate will do not need to carry JAIIB and CAIIB diploma.
Under Merit-based, the candidate will need to carry two years or more experience in a clerical job. Moreover, a clerk needs to carry JAIIB and CAIIB diploma by the Institute of Banking and Finance (IIBF) with a graduate degree.
Under the officer cadre, there are seven scales–
- Scale 1- Officer
- Scale 2- Manager
- Scale 3- Senior Manager
- Scale 4- Chief Manager
- Scale 5- Asst. General Manager
- Scale 6- Deputy General Manager
- Scale 7- General Manager
This article presented you with the complete details about IBPS clerk job profiles and career growth. However, to grow in this profile, candidates need to undergo the test. For this, the candidate should know the IBPS clerk exam pattern, the information of which is available online.
