Some big cities in Bangladesh have been experiencing a massive and rapid influx of rural people due to the impacts of climate change, and therefore the urban administration encounters enormous challenges. This study aims to investigate the drivers of climate-induced migration and the post-displacement status of the migrants living in the urban slum of Rajshahi City. Using a semi-structured questionnaire survey, this study conducted interviews with 50 migrants residing in two slums in Rajshahi City. An interpretive phenomenological analysis (IPA) approach was implemented to evaluate the survey data. This study finds that food insecurity and flood are the two significant climate drivers of migration. Among the non-climate drivers, lack of alternative livelihood is the major reason. It should be noticed that the climate migrants in many cases do not get the opportunity to improve their living standards; they are usually occupied with low-pay professions like maid, van and rickshaw puller, and scrap collector. The study also reveals that migrants, especially females and children, need several basic physiological, economic, social, and health services. Most children have no chance to attend school. Compared to males, females have more opportunities for some support and allowances. Overall, an inadequate level of change has taken place in the lives of migrants, which raises the concern if migration is ever a way to resolve a problem or the beginning of many other problems. Further researches may concentrate on the impact of migration on the dynamics of social capital among slum dwellers.