IBPS RRB PO Salary 2022
IBPS RRB PO Salary: The Institute of Banking Personnel Selection (IBPS) has released the recruitment of IBPS RRB PO 2022 on its official website i.e.www.ibps.in. Banking Aspirants are often very curious about the Salary of IBPS RRB PO. To help the aspirants, we are providing the IBPS RRB Salary in-hand, salary slip, perks & emoluments for Officer Scale-I (PO) in the article. The initial salary for IBPS RRB PO may range between Rs. 29,000 to 33000. Candidates can go through this article to check the salary details of Officer Scale-I (PO) posts. Let us have a look at the IBPS RRB Salary structure, pay scale, and perks offered to the IBPS RRB PO in the article.
IBPS RRB PO Salary 2022 In Hand Salary
The initial salary for IBPS RRB PO may range between Rs. 29,000 to 33000 along with DA, HRA, and special allowances. IBPS RRB Officer Scale- I or PO Pay Scale is Rs. 23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42021.
|Annual Increments||IBPS RRB PO In-hand Salary|
|Starting Pay||Rs. 23700|
|Rs. 980/- for the first 7 years||Rs. 30650|
|Rs. 1145/- for the next 2 years||Rs. 32850|
|Rs. 1310/- for the next 7 years||Rs. 42021|
IBPS RRB PO Mains Cut Off Out- Click to Check
IBPS RRB PO Score Card 2022 Out- Click to Check
IBPS RRB PO Job Profile
When a candidate is appointed for the post of IBPS RRB PO he/she undergoes training or is under probation of 2 years. During the probationary period, the candidate will receive a fixed amount that is usually less than the normal pay scale. The job profile for the candidates selected for IBPS RRB PO is given below.
- To manage the day-to-day banking operations.
- Loan disbursement & credit portfolio rating.
- To take care of single window operations or being a teller.
- Focus on the agricultural schemes and policies for the rural market.
- Preparing the audit reports and NPA recovery also forms a major job task.
Apart from the tasks mentioned here, one also has to take care of in-house staff and managing of the clerical staff. Running and operations of banks also rely on the Probationary Officer.
Promotion Policy of an IBPS RRB PO
IBPS RRB PO is a position for the post of Probationary Officer (PO) in the RRB’s. The in-hand salary of IBPS RRB Officer Scale-I ranges from Rs. Rs. 29,000 – Rs. 33,000.
An IBPS RRB PO will be under probation for a period of 2 years. After that he/she will be appointed as a regular serving employee thereby, being promoted to the post of Assistant Manager. The promotional hierarchy for IBPS RRB PO is shown below:
- IBPS RRB PO
- Assistant Manager
- Deputy Manager
- Branch Manager
- Senior Branch Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
IBPS RRB PO Salary- Perks & Allowances
The IBPS RRB PO Salary includes Dearness Allowances (DA) and House Rent Allowance (HRA).
The table below displays the detailed information of all the allowances provided to the IBPS RRB PO.
|IBPS RRB PO Salary Allowances|
|Dearness Allowance||46.5% of the basic pay.|
|House Rent Allowance||For Rural Areas: 5% of the basic pay
For Semi-urban Areas: 7.5% of the basic pay
For Urban Areas: 10% of the basic pay
|Special Allowances||7.75% of the basic pay.|
Apart from these allowances, there are also the following perks tagged along with the IBPS RRB PO Salary in India:
- Travel Allowances: Full traveling allowance or reimbursement of the money spent on petrol/diesel.
- Leased Accommodation: Banks mostly provide their employees either a bank quarter to stay in or give an option to lease a house for which the bank is accountable for providing the rent.
- Medical Reimbursement
- Pension Schemes
- Overtime Allowance
- Newspaper Allowance
IBPS RRB PO Cut Off (Previous Year)- Click to Check
IBPS RRB Clerk Cut Off (Previous Year)- Click to Check
IBPS RRB Clerk Notification 2022- Click to Check
IBPS RRB PO Salary 2022 – FAQs
Q1. What is the salary of IBPS RRB PO?
Ans. The salary of an IBPS RRB PO at present varies from Rs.29,000 to 33,000 at 100% D.A.
Q2. What is the pay scale of IBPS RRB PO?
Ans. The pay scale of an IBPS RRB PO is 14500-600/7-18700-700/2-20100-800/7-25700.