IBPS Clerk V result will be declared very soon and as there is no interview this year allotment may be done after a psychometric test.
Today we are giving a details of salary and allowances after 10th bipartite settlement. So salary of clerk who is appointed as SWO in place with population less than 12 lacs will be as follows:
Pay Scale : Rs. 11765 - (655x3) - 13730 - (815x3) - 16175 - (980x4) - 20095 - (1145x7) - 28110 - (2120x1) - 30230 - (1310x1) - 31540
Cash in hand - 19681
Special Pay for SWO - 1172
Other mandatory allowances - 400
Special Pay for SWO - 1172
Other mandatory allowances - 400
Total cash in hand - 21253
There are others time to time allowances like hill , fuel, halting , project area allowances.
Now if the above candidate have CAIIB he is eligible for two extra increment that is 1310+DA = 1873
So total take home salary is 23126- 130(professional tax) = 22996.
So minimum take home salary of a newly appointed clerk with CAIIB is approx - 23000/month
And for a simple graduate clerk - 21127/month
There is also Provident Fund contribution for the employee which is 10% of the Basic Pay that is 1307/month.
We are attaching details snapshot of salary below , take a look
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