IBPS Clerk 2019: Recruiting agencies like Indian Banking Personnel Selection (IBPS), SBI, RBI and other private banks carry out a competitive examination to recruit candidates in the clerical posts for the banks. After going through the entire recruitment process the candidates are posted at various branches across the country according to vacancies available with the branches. Some of the newly recruited candidates are posted at the rural areas in initial years of their services. The candidates posted in the metro cities need to undergo a particular set of works that are bound to differ from the ones that they need to do in rural areas. There are many schemes from the government that are run through the banks for both rural and urban people, and their operations differ accordingly. Despite having a set of works in common for any bank at any part of the country, there are quite a few other related works that are completely different from each other that the clerks need to carry out in banks situated in rural and urban metro cities.
Job Responsibilities and duties of a Bank Clerk in Metro City
IBPS clerk in metro cities, like other area bank clerks, need to undergo regular duties such as receiving cheques, issuing drafts, payment of cash passing the cash etc. The clerks often need to function as the Cashier, Single Window Operator (SWO), Universal Teller (UT) and Special Assistants in the banks which does not involve any passing or supervisory function of an officer of the bank.
They need to hold the bank’s cash, keep eyes on the locker etc. They often need to update passbooks, verify customer account details, signatures, issue withdrawal forms and explain various schemes and services offered by the bank to the customers in detail.
Salary and Allowances of a Bank clerk in Metro City
IBPS clerk after joining the nationalized banks are offered the Basic Pay of Rs. 11, 765/- pm. The increase has resulted after the recent 10th bi-partite settlement in the banking industry. The candidates are paid by the banks in the pay scale of Rs/ 11765- 42020, that includes there allowances and perks. The House Rent Allowance (HRA), Medical Allowance, Dearness Allowances (DA) and other benefits are provided to the bank clerks by the banks. The candidates living in the metro cities are given 8.5% of their basic pay as HRA. Those candidates who are placed in a city with the population not more than 5 lakh are given 7.5% of the basic pay as HRA and those who are posted in any other cities are given 6.5% of the basic pay as HRA.
Promotion Policy for a Bank Clerk
The clerical post is just the beginning in any of the public sector banks in India as there are huge opportunities to get promoted in rank at the bank as the candidates have grown older with experience. The recently recruited candidates in the banks need to undergo a probation period of six months, after which they get permanent in the bank. The bank clerks after completing a few years in the bank can apply for departmental promotional examinations to become Trainee Officer and Probationary Officer. Once they reach the post of Probationary Officer, the steps upwards become relatively easier. The candidates after 3-4 years of their services as the PO can become Assistant Manager and Branch Manager. Dedicated and visionary candidates in the next 10 years of their service can reach up to the level of Chief Manager, Assistant General Manager and Deputy General Manager.