The clinics, to be conducted by IBC President Brig. (Retd) P K Muralidharan Raja, will be held in Bhiwani on July 13 followed by Patiala on July 15.
"During these clinics, we will explain the pros and cons of professional boxing to boxers and coaches, even the promoters are welcome to join if they want. Only the tough can handle it and we shall be educating the boxers about it," Raja told PTI.
The boxers who decide to sign up with the IBC would be guaranteed a minimum of four fights in a year and Rs 6 lakh as the basic winner's prize purse.
The IBC will hold bouts for the national title, the winners of which will progress to the world rounds.
"The boxer will get 70 per cent of the earnings, while his coach will get 30 per cent of it. The profit from the bout will go to the promoters. So, it is a win-win situation for everybody," Raja said.