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IBPS RRB Salary, In-Hand Salary, Job Profile for PO and Clerk

IBPS will release the IBPS RRB Notification 2024 which includes the IBPS RRB Salary for the post of PO (Officer Scale I) and Clerk (Office Assistant) in Regional Rural Banks. Candidates must check the Salary of IBPS RRB PO and Clerk provided to the new appointees. In this article, we have provided the details of IBPS RRB Salary 2024 for the post of Clerk and PO. The Salary structure for IBPS RRB PO and Clerk consists of Basic Pay, Allowances, Perks, etc. Also, check out IBPS RRB Job Profile and Career Growth here.

IBPS RRB Salary 2024

The Institute of Banking Personnel Selection (IBPS) every year conducts recruitment exams for Regional Rural Banks in India. Aspirants who are aiming for banking exams are often curious about the Salary of IBPS RRB PO & Clerk posts, be it Officer Scale I or Office Assistant. To help you resolve this, we are sharing IBPS RRB Salary in-hand, salary slip, perks & emoluments for Officer Scale-I (PO), and Office Assistant (Clerk) posts. The banking aspirants who are interested in a career in rural banks can get all the information about salary structure, allowances, job profiles, and promotions from the article below.

The IBPS RRB 2024 exam is conducted for the recruitment of Group A & B posts:

  1. Group A- Officer Scale- I (Probationary Officer), II, and III
  2. Group B- Office Assistant (Multipurpose) (Clerk)

Here we are discussing the salary received by an IBPS RRB Employee.

IBPS RRB Salary In-Hand

The IBPS RRB salary per month for various Group A and B posts under the IBPS RRB Exam is provided in the table below. Have a look at the glance of salary for different posts.

IBPS RRB Salary For Clerk & Officer Post
IBPS RRB Posts IBPS RRB salary (In-hand Salary)
IBPS RRB Clerk/Assistant Rs.20,000 – Rs.25,000
IBPS RRB Officer  Scale-I(PO) Rs.29,000/- – Rs.33,000/-
Officer Scale-II Rs.33,000/- – Rs.39,000/-
Officer Scale III Rs.38,000/- – Rs.44,000/-

IBPS RRB Clerk Salary 2024

The basic salary for IBPS RRB Clerk is Rs.19,900. Along with the basic salary, there are other components in the salary as well which makes the gross salary for IBPS RRB Clerk Rs. 37442.65. Check the components of the IBPS RRB Clerk in the table below.

Parameters Amount (Rs.)
Basic Pay 19900
SPL Allow 3263.60
DA Amount 8049.17
HRA Amount 2167.88
CCA Amount 0.00
HFA/BBA 0.00
NPS 2812.00
CASH 1250.00
Gross Pay Rs.37442.65

IBPS RRB PO Salary 2024

The details of the IBPS RRB PO Salary along with the increments are discussed in the table below.

Parameters Amounts
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 Officer Scale-I 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.

IBPS RRB PO In-hand Salary
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 Officer Scale 2 Salary

The IBPS RRB Scale 2 Salary starts from Rs.48,170/- and the gross salary is about Rs. 75,000-77,000/- Per month.

Particulars Amounts
Pay Scale Rs.48170-1740/1- 49910-1990/10- 69810
DA Rs.14,634/- Per month
HRA Rs.3,371/- Per month
Special Allowance Rs.7,707/- Per month
DA on Special Allowance Rs.2,389/- Per month
Gross Income Rs.75,000-77,000/- Per month

IBPS RRB Office Assistant Salary

The initial IBPS RRB Clerk Salary varies from Rs.15,000 – 20,000/-. This salary may vary for different organizations. 100% DA is given to the recruits. IBPS RRB Office Assistant or IBPS RRB Clerk Pay Scale is Rs. 19,900 with a yearly increment.

IBPS RRB Job Profile

IBPS RRB Officers generally work in the rural banks and work at the administrative level. The job profile of the officers may vary according to the posts they are offered. The job profiles of various IBPS RRB Officers are provided here. Here the IBPS RRB Officer Scale-I and Assistant Job Profiles have been explained.

IBPS RRB Officer Scale-I Job Profile

When a candidate is appointed for the post of IBPS RRB Officer Scale-I or 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 Officer Scale I (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 manage the clerical staff. The running and operations of banks also rely on the Probationary Officer.

IBPS RRB Assistant Job Profile

When a candidate is appointed as an IBPS RRB Assistant or Clerk he/she is under training or a probation period of 6 months. During this time period, he/she gets acquainted with the functions that will be executed by them. The Job Profile of an IBPS RRB Clerk or an office assistant is given below:

  1. Handle Receipts: An IBPS RRB Office Assistant receives and acknowledges cash, drafts, cheques, pay orders, and other instruments.
  2. Handle Withdrawals: Passing and paying out cash payment of withdrawal forms, cheques, etc
  3. Handle mail and delivery: Acknowledging inward mail, preparing outward mail, and managing the delivery of chequebooks.

IBPS RRB Officer Scale-I Career Growth

IBPS RRB Officer Scale-I is a position for the post of Probationary Officer (PO) in the RRBs. The in-hand salary of IBPS RRB Officer Scale-I ranges from Rs.29,000 – Rs.33,000.

An IBPS RRB Officer Scale I 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 Officer Scale I is shown below:

  1. IBPS RRB Officer Scale I (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 Salary-Perks & Allowances

The IBPS RRB Salary includes Dearness Allowances (DA) and House Rent Allowances (HRA) for all the scales of IBPS RRB.

The table below displays detailed information on all the allowances provided to the IBPS RRB Officers.

IBPS RRB 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 Salary in India:

  1. Travel Allowances: Full travelling allowance or reimbursement of the money spent on petrol/diesel.
  2. Leased Accommodation: Banks mostly provide their employees either a bank quarter to stay in or an option to lease a house for which the bank is accountable for providing the rent.
  3. Medical Reimbursement
  4. Pension Schemes
  5. Overtime Allowance
  6. Newspaper Allowance
  7. Miscellaneous

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FAQs

Q.What are the posts for which I can apply for IBPS RRB?

Ans. You can apply for the post of IBPS RRB Clerk or Office Assistant, IBPS RRB Officer Scale I or PO, IBPS RRB Officer Scale II, and IBPS RRB Officer Scale III. However, you can apply only for one post in Officer Category.

Q. What is the pay scale of IBPS RRB Clerk?

Ans. The initial basic Pay Scale of IBPS RRB Assistant is Rs. 19,900/-.

Q. 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.

Q. 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.

Q. What is the job of an IBPS RRB PO or Officer Scale I?

Ans. An IBPS RRB PO carries the duty of Loan disbursement & credit portfolio rating, preparation of the audit reports, and NPA recovery as well as to manage the day to day operations of the bank.

Can Candidate attempt IBPS RRB exams in Hindi language?

Yes, for all IBPS RRB exams, candidates can attempt exam in Hindi language except English subject Paper.

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