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IBPS RRB PO Salary 2022, Probationary Officer In Hand Salary & Job Profile

IBPS RRB PO Salary 2022

IBPS RRB PO Salary: The  Institute of Banking Personnel Selection (IBPS) has announced the recruitment of IBPS RRB PO 2022. 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. 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 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:

  1. IBPS RRB PO
  2. Assistant Manager
  3. Deputy Manager
  4. Branch Manager
  5. Senior Branch Manager
  6. Chief Manager
  7. Assistant General Manager
  8. Deputy General Manager
  9. 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
  • Miscellaneous

IBPS RRB PO Salary 2022 – FAQs

Q1. What is the salary of an 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.

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