| REPCO Bank Clerk basic salary falls between Rs.24,050/- to Rs.64,480 per month. The job position comes with extra benefits and allowances. Get details on in-hand salary. |
A REPCO Bank Clerk is a starting position at Repco Bank. Clerks are responsible for daily banking tasks and customer assistance. This includes handling cash, helping customers with deposits, withdrawals, and transfers, updating records, answering questions about accounts, keeping files in order, and assisting with loan paperwork. Clerks are usually the first people customers interact with. They ensure the branch runs smoothly by managing both front-end and back-end duties like data entry and paperwork. The role is important for keeping the branch efficient and providing good customer support.
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REPCO Bank Clerk Salary Details
The table below gives salary details.
Component | Amount (₹ per month) |
Basic Pay Range | ₹24,050 – ₹64,480 |
Approximate In-Hand Salary | ~₹42,347 (in Chennai, including allowances) |
Approximate Annual CTC | ₹8.80 LPA |
- The starting salary for REPCO Bank Clerks (Customer Service Associates) is ₹24,050, and it can go up to ₹64,480 with experience.
- The monthly take-home pay, which includes allowances for things like DA and HRA, plus other benefits, is about ₹42,347 if you're working in Chennai.
- Annually, this amounts to about ₹8.8 lakhs in total compensation.
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Allowances, Probation, Job Overview
The table below gives an overview of benefits and job requirements.
Particulars | Details |
Dearness Allowance (DA) | Linked to inflation, revised quarterly. |
House Rent Allowance (HRA) | Provided as per posting location (varies with city/town). |
Medical Facilities | Health coverage for employees and their dependents. |
Leave Travel Concession (LTC) | Reimbursement facility for travel expenses. |
Gratuity & Pension | Long-term financial benefits as per bank rules. |
Other Allowances | Includes Special Allowance, City Compensatory Allowance, etc. |
Probation Period | 12 months (may be extended/reduced based on performance & conduct). |
Service Bond | Minimum service period: 2 years. |
Bond Amount | ₹25,000 (refundable in case of bond breach). |
Training Cost | ₹5,000 payable at the time of joining. |
Notice Period | 3 months (or salary in lieu of notice if leaving earlier). |
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Job Profile and Promotions
As a Clerk at REPCO Bank, you will help with general office tasks, keep files and records in order, and do other jobs given by senior staff. You will also answer customer questions, update passbooks, handle withdrawals, and check documents.
The latest pay scale for 2025 ranges from ₹24,050 to ₹64,480 per month. The in-hand salary is around ₹42,347, and the CTC is approximately ₹8.80 lakhs. You will also get DA, HRA, ex-gratia, incentives, a meal pass, CPF, and other allowances.
After you complete a 12-month probation period, you can become a permanent employee. You can then get promoted based on your work and how well you do your job.
Banking professionals say that after three years as a clerk, you can get promoted to an officer if you pass the departmental exams within those three years. If not, you can get promoted after five years of service.
Many clerks like the stability and work-life balance of their jobs because of the set hours, fewer transfers, and job security. However, officer positions usually involve more responsibilities, transfers, and targets.
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