SALARY

IPPB Junior Associate Salary Per Month – Salary Structure

The IPPB Junior Associate earns a basic salary of ₹24,000, along with benefits such as DA, HRA, and City Compensation (CCA). The gross salary is ₹37,613 monthly and ₹4.51 lakh yearly. The in-hand pay is ₹34,439 monthly and ₹4.13 lakh yearly. Assistant Manager is the next promotion after Junior Associate.

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Abhishek Kumar
Abhishek Kumar

19 November 2025, 06:29 PM

Salary Structure

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*may vary as per norm
Event Details
Basic Salary 24000
DA Allowance 5743 (23.93% of Basic Salary)
HRA Allowance 3600
City Compensatory Allowance 2300
Special Allowance 1970
NPS Deduction 2974 (10% of Basic Salary + DA)
Professional Tax Deduction 200
Monthly Gross 37613
Yearly Gross 451356
Monthly In Hand 34439
YearlyIn Hand 413268

Note: The basic pay for Junior Associate (Clerical Cadre) is determined as per the 12th Bipartite Settlement (BPS), which governs public sector banking salaries.

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Benifits and Perks

Benefit Status
Basic Pay
Dearness Allowance
House Rent Allowance
Cafeteria
Gratuity on retirement
Entertainment
Provident Fund
Incentives
Annual Increment
Periodic Promotion
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Promotions

Rank Pay Scale
Junior Associate Joining yr ₹24000 - /
Assistant Manager Seniority yr ₹48480 - 85920
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Images

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