IBPS RRB Salary
IBPS RRB 2024 Salary: Post-wise In Hand Salary, Pay Scale, Allowances & Job Profiles
The Regional Rural Banks (RRBs) offer attractive salaries for IBPS RRB positions like PO, Clerk, and SO. Along with the salary, candidates also receive various perks, allowances, and benefits. The monthly in-hand salary for an IBPS RRB Clerk is between INR 20,000 to 25,000. For an IBPS RRB PO, the in-hand salary ranges from INR 29,000 to 33,000. Officer Scale 2 positions have an in-hand salary between INR 33,000 to 39,000, while Officer Scale 3 positions offer between INR 38,000 to 44,000.
The IBPS RRB exam, conducted by IBPS, selects candidates for Officer Scale 1, 2, 3, and Office Assistant (Multipurpose) posts. Since the IBPS RRB notification was released on June 7, many candidates are curious about the salary details after passing the exam. This article covers the IBPS RRB salary structure in detail.
IBPS RRB Salary 2024
Candidates preparing for banking exams often look for details about the IBPS RRB salary. To assist them, we’ve shared information on the in-hand salary, salary slip, perks, and benefits of IBPS RRB jobs. The salary for IBPS RRB varies by position. For the IBPS RRB PO post, the salary ranges between INR 51,000 to 58,000, while for the IBPS RRB Clerk post, it is between INR 21,000 to 23,000.
IBPS RRB Clerk Salary Structure 2024
| 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 In-Hand Salary
| Post | IBPS RRB Salary (In INR) |
|---|---|
| IBPS RRB PO salary | 51,000 to 58,000 |
| Officer Scale 2 (Generalist & Specialist) | 33,000 to 39,000 |
| Officer Scale 3 | 38000 to 44,000 |
| IBPS RRB Clerk salary | 55,000 to 60,000 |
IBPS RRB Salary-Allowances
| IBPS RRB Allowances | Amount of Allowances |
|---|---|
|
Dearness Allowance (DA) |
75.9 per cent of the Basic Pay |
|
House Rental Allowance (HRA) |
Rural Areas: 5 per cent of Basic Pay |
|
Special Allowances |
7.75 per cent of Basic Pay |
|
Travel Allowances (TA) |
The employees are paid TA during their transfer |
|
Medical Expenses |
The Bank also pays all the medical expenses of the employee and their family members |
|
Gratuity on Retirement |
The bank officers receive a lucrative amount of gratuity at the time of retirement as per their basic pay. |
|
Petrol / Fuel Reimbursement |
Petrol / Fuel reimbursements are also paid to the candidates as per their distance from the office. |
|
Miscellaneous |
IBPS Officers also receive other miscellaneous allowances and perks |
IBPS RRB Clerk Career Growth or Promotion
- Officer Scale-I /Probationary Officer (PO)
- Assistant Manager (AM)
- Chief Manager (CM)
- Assistant General Manager (AGM)
- Branch Manager (BM)
- Senior Branch Manager (SBM)
- Deputy General Manager (DGM)
- General Manager (GM)
- Deputy Manager (DM)
IBPS RRB Clerk Salary 2024 Job Profile
- Miscellaneous tasks
- Updation of Passbooks of account holders at counters
- Printing of receipts for cheques and demand drafts
- Handling the deposit and withdrawal cash.
- Verification of various documents and proofs submitted by the customers
- Responsible for bank cash, various important documents, keys, etc.
- Sanctioning of withdrawals by the customers
- Maintaining the various documents of the bank, balance sheets, ledger, etc.
- Resolving the various issues of the customers
- bank clerks also do hold bank keys, safe keys under their protection
- Providing information about the latest schemes and government policies
- Guiding customers relating to various banking activities
- Attending to treasury works
- Resolving queries of the customers
- Issuing of Demand Drafts (DDs), bank accounts for the customers, cash receipts, etc
- They are often placed at the query window to act as an information counter for the customers.
- Bank office clerks are deployed in the back office for various tasks like maintenance of ledger, bank receipt collection, handling the daily closure details
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Frequently Asked Questions on IBPS RRB Salary
The starting salary for an IBPS RRB Clerk is Rs 19900 per month and the pay scale of an IBPS Clerk is Rs. 19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920.
The pay scale for a clerk in a Regional Rural Bank starts at Rs. 19,900 and progresses as follows- Rs. 19,900-1000/1-20,900-1230/3-24,590-1490/4-30,550-1730/7-42,600-3270/1-45,930-1990/1-47,920. The IBPS RRB Clerk's Salary is subject to annual increments.
The monthly pay for the IBPS PO post will approximately range between Rs 50,000 to Rs 60,000 per month. Learn more about IBPS PO In hand salary, benefits, job profile and more here
Officer Scale 1 salary in Karnataka Gramin Bank ranges between ₹6.1 Lakhs to ₹7.8 Lakhs per year. This is an estimate based on salaries received from employees of Karnataka Gramin Bank.
pressure is comparatively less and you don't have to go to office on a holiday if you are in deposits/operations department but if you are field officer then you have to go for npa recovery on weekends sometimes.