IBPS Clerk is an Common Written Exam (CWE), conducted by the Institute of Banking Personnel Selection (IBPS) for recruitment to nationalized banks in India to fill vacancies for clerical level jobs.
Common Written Examination (CWE) is pre-requisite for selection of personnel for Clerical cadre posts in Public Sector Banks.
Clerical post is an entry level cadre for anyone who wish to become a banker. They mainly participate in day to day activities of banking and also have the responsibility to address the queries and guidance of the customers.
Candidates who are selected for clerical cader have to be on probation for 6 months. After the completion of the period they are required to appear for the assessment test/performance review in order to confirm as permanent employees.
Clerk is basically incharge of the withdrawal and deposit counters such as accepting payments, sanction withdrawals, verify cheques, issue demand draft and other banking related services to customers.
Clerks also have to manage the daily records of the bank and backoffice work, which includes collection of receipts, updation and maintaining ledger balance, balance tally and other transactions.
Besides this, they have to market the the bank products. For eg: Loans, deposits and schemes.
Clerks are also called as window operators or cashiers.
Bank clerk have the opportunity to get promoted as officers. They are usually promoted once in 2 years. Promotion of an employee is based on their performance in the banks.
Payscale varies from bank to bank and city to city. Usually the salary is fixed between 7,200 -19,300.