is IBPS clerk a government job or what is the salary for IBPS clerk?

A clerk is a person employed in an office or bank to keep record, accounts and undertake other routine administrative duties so, is IBPS clerk a government job or what is the salary for IBPS clerk. You will get to know by this article.

is IBPS clerk a government job?

The institute of banking personnel selection (IBPS) is a premier organization in employment testing, selection of staff at various levels. IBPS, which had its genesis in the new selection system adopted by the banking industries in the post nationalization period.

IBPS is an autonomous institute set up by reserve bank of India, central financial institution and public sector bank. It seeks to provide client organization with suitable staff, through proven systems and appropriately designed tools to objectively decide abilities and aptitude in tune with job requirement.

Government job or public sector job, public sector unit is an institution where government ownership is more than 51%

Central and state government employees are those who work directly under different department, ministries and institutions of government.

If you are an employee of State bank of India (SBI), Hindustan Aeronautics, Coal India, Bharat Dynamics, Bharat Heavy Electricals, Indian Oil etc than you are a public sector employee and If you are employee in Reserve bank, it is not a government job.

Employee of Public Sector Undertaking (PSU) banks are not central government employees. They are governed by service regulation of their respective banks and Private sector banks are naturally not under central banks.

Salaries and perks are as per bank rules/settlement of bank unions with respective banks. Wages in PSU, RRBs and private sector banks are similar because of industry level settlements (between IBA, The Indian Bank Union and UFBU, The United Forum of Bank Union). Individual Banks have right to not participate in industry level wages of negotiations.

IBPS clerk salary

Basic pay, Allowance included Dearness, HRA, Special allowance, Transport.

Basic pay = 19900

Conveyance = 757

Dearness = 5209

SPL = 4118

HRA = 2040

Total = 32024

Conclusion

No, IBPC clerk and bank jobs are not jobs or even RBI jobs is not Govt job.

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