I have completed my BA degree and want to apply for the post of Clerk in the Abhyudaya Bank. Will you please tell me is there any Clerk vacancy available in Abhyudaya Bank if yes tell me eligibility and also tell me salary of Clerk in this bank?

A clerk plays a very important role in a Bank. One deal with the customer directly, manages all the cash. One is also known as single window operator. One helps the customer in guiding them through various rules and formalities. One acts as a point of contact for customers. One plays a wide variety of roles. One acts as a loan clerk, account clerk, data entry clerk, and office clerk, etc.

Clerk Salary

The salary structure for Clerk Post for Abhyudaya Co-operative Bank Ltd which is a Co-Operative Bank under IBPS (Institute of Banking Personnel Selection) is as follows:


IBPS Clerk Pay Scale

Initial Basic Pay –
Rs 11765 with an yearly increment of Rs 655 for three years.

Basic Pay after 3 years –
Rs 13730 with an yearly increment of Rs 815 for the next three years.

Basic Pay after the next 3 years –
Rs 16175 with an yearly increment of Rs 980 for the next four years.

Basic Pay after the next 4 years –
Rs 20095 with an yearly increment of Rs 1145 for the next 7 years.

Basic Pay after next 7 years –
Rs 28110 with anyearly increment of Rs 2120 for next one year.

Basic Pay after next 1 year –
Rs 30230 with an yearly increment of Rs 1310 for next one year.

Basic Pay after next year –
Rs 31540 (maximum Basic Pay)

The minimum basic pay of an IBPS clerk is
Rs. 11765/- and the maximum goes till Rs. 31540.


Allowances

Dearness Allowance:
This component is 4% of the Basic Pay. DA depends on the CPI and is revised after every three months.

House Rent Allowance:
The HRA is dependent on the location of the posting. It is 8.5% of the Basic Pay for Metro Cities, 7.5% of the Basic Pay for cities having a population of more than 5 lakhs, and 6.5% of the Basic Pay for other cities.

Travel Allowance:
The official tours and travels will be reimbursed by the bank.

Medical Allowance:
For IBPS Clerks, the amount is fixed at Rs 2000. It is paid once a year.