IBPS RRB Salary 2024, Job Profile for PO and Clerk, Pay Scale
IBPS RRB Salary 2024, Job Profile for PO and Clerk, Pay Scale : The Institute of Banking Personnel Selection (IBPS) conducts recruitment examination for Regional Rural Banks in India every year. Candidates who aim for banking exams are often curious about the salary of IBPS RRB PO and Clerk posts, be it Officer Scale I or Office Assistant. To help you solve it, we are sharing IBPS RRB Salary in-hand, salary slip, allowances and emoluments for Officer Scale-I (PO), and Office Assistant (Clerk) posts. Banking aspirants who want to make a career in Rural Banks can get all the information about salary structure, allowances, job profile and promotions from the article given below.
The IBPS RRB 2024 exam is conducted for the recruitment of Group A & B posts:
- Group A- Officer Scale- I (Probationary Officer), II, and III
- Group B- Office Assistant (Multipurpose) (Clerk)
Here we are discussing the salary received by an IBPS RRB Employee.
IBPS RRB Clerk Salary Structure
The candidates selected for the post of IBPS RRB Clerk will get an initial basic pay of Rs. 19900/-Â after joining the post. After combining the basic pay, DA, HRA, NPSI, CASH, SPL, and other allowances the gross salary will be approx Rs 37442. Check the detailed IBPS RRB Clerk Salary Structure from the below table.
| IBPS RRB Clerk Salary Structure | |
| 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 |
| NPSI | 2812.00 |
| CASH | 1250.00 |
| Gross Pay | Rs.37442.65 |
IBPS RRB Clerk Allowances
Along with a handsome amount of salary, the IBPS RRB Clerks are entitled to several other privileges including Dearness Allowance (DA), Travelling Allowance (TA), and House Rent Allowance (HRA). Check the below Points to understand the TA/DA/HRA given to the IBPS RRB Clerk.
- Travelling Allowance (TA)- Rs. 425
- Dearness Allowance (DA)- Rs. 7073
- House Rent Allowance (HRA)- Rs. 980
- Leased Accommodation is provided to the IBPS RRB Clerk.
- Medical Reimbursement is provided to the IBPS RRB Assistant.
- Pension Schemes are available to the IBPS RRB Assistant.
- Overtime Allowance is available to the IBPS RRB Assistant.
- Newspaper Allowance is available to the IBPS RRB Clerk.
IBPS RRB Clerk Promotions/ Career Growth
The eligible candidates are initially promoted to the higher post based on their performance in the banking organization. An IBPS RRB Clerk is promoted to the post of Clerk through internal exams after working for 3 years. Apart from that, one can also appear for Associate Exams like JAIIB and CAIIB certification provides a huge opportunity to excel over others. IBPS RRB Clerk 2024 has a wide growth and promotion. Candidates must check all the promotions which they will get in IBPS.
- Officer Scale-I /Probationary Officer (PO)
- Assistant Manager (AM)
- Deputy Manager (DM)
- Branch Manager (BM)
- Senior Branch Manager (SBM)
- Chief Manager (CM)
- Assistant General Manager (AGM)
- Deputy General Manager (DGM)
- General Manager (GM)
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IBPS RRB Clerk Job Profile
Candidates can check the IBPS RRB Clerk Job Profile below.
- Managing Inquiry Counters – Providing information to account holders about facilities available at the bank and solving their doubts.
- Managing Withdrawal – Paying out cash of withdrawal forms, cheques, demand drafts, etc.
- Managing Receipts – Receiving different monetary instruments like cash, cheques, pay orders, demand drafts, etc, and providing their acknowledgement.
- Managing Emails and Delivery – Handling emails on behalf of the bank, and managing the delivery of the chequebooks as per the given address.
- Clerks are responsible for assisting the higher-level officers in the office work as well.
 IBPS RRB PO Syllabus 2024– Check Here
IBPS RRB Clerk Deductions
Along with the allowances, there are some deductions as well in the IBPS RRB Clerk Salary. These deductions generally include PF, Income Tax, Professional tax, etc. Check the table below for more details.
| Earnings | Amount |
|---|---|
| P1 | 0.00 |
| PF | 0.00 |
| NPS EMP | 2812.00 |
| NPS | 2812.00 |
| Income Tax | 0.00 |
| Total | 5624.00 |
| Net Pay | 31818.65 |
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, the salary also has other components which make the gross salary for IBPS RRB Clerk Rs. 37442.65. Check the components of 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 is 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 starting IBPS RRB Clerk salary varies from Rs. 15,000 – 20,000/-. This salary may be different for different organizations. New recruits are given 100 percent DA. IBPS RRB Office Assistant or IBPS RRB Clerk Pay Scale Rs. Rs 19,900 with annual 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 to the post of IBPS RRB Officer Scale-I or PO he undergoes training or is under probation for 2 years. During the probation period, the candidate will receive a fixed amount which is usually less than the normal pay scale. The job profile of 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 managing of 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:
- Handle Receipts: An IBPS RRB Office Assistant receives and acknowledges cash, drafts, cheques, pay orders, and other instruments.
- Handle Withdrawals:Â Passing and paying out cash payment of withdrawal forms, cheques, etc
- 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:
- IBPS RRB Officer Scale I (PO)
- Assistant Manager
- Deputy Manager
- Branch Manager
- Senior Branch Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- 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:Â 5% of the basic pay
For Semi-urban Areas:Â 7.5% of the basic pay For Urban Areas:Â 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:
- Travel Allowances: Full travelling 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 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
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.
