IBPS RRB Salary
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IBPS RRB SALARY

The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency under Ministry of Finance, Government of India. It recruits and provides placement to young  undergraduates, postgraduates and doctorates at the rank of Group ‘A’ officer, Group ‘B’ officer, Group ‘C’ employee and Group ‘D’ employee in nationalized banks and regional rural banks.

The IBPS RRB salary is one of the major things that attract the candidates to opt for a career in the various Regional Rural Banks across the country. The Institute of Banking Personnel Selection (IBPS) every year conducts recruitment exams for Regional Rural Banks in India. IBPS RRB Officers generally work in the rural banks and work at the administrative level.

IBPS RRB recruitment is done in the following posts:

• IBPS RRB PO (Officer Scale I)

• IBPS RRB Scale II & III

• IBPS RRB Clerk (Office Assistant)

This article will provide you the necessary details about the salary structure of various posts in IBPS RRB.

The Salary structure for IBPS RRB PO and Clerk consists of Basic Pay, Allowances and some additional perks.

IBPS RRB Salary 2023-

The detailed IBPS RRB Salary as per the officer scale is given below:

IBPS RRB Salary 
IBPS RRB PostsIBPS RRB salary 
IBPS RRB Office Assistant Rs. 15000 – Rs.19000
IBPS RRB Officer (Scale I)Rs. 29,000 – Rs. 33,000
Officer Scale-IIRs. 33,000 – Rs. 39,000
Officer Scale IIIRs. 38,000 – Rs. 44,000

IBPS RRB Allowances and Perks-

The various additional allowances provided by the government to the IBPS RRB employees are mentioned below-

IBPS RRB Salary Allowances 
Dearness Allowance46.5% of the basic pay.
House Rent AllowanceFor Rural Areas: 5% of the basic payFor Semi-urban Areas: 7.5% of the basic payFor Urban Areas: 10% of the basic pay
Special Allowances7.75% of the basic pay.

The various perks and facilities provided to the Bank employees are-

• Travel Allowances:  The bank provides full travelling allowance or reimbursement of the money spent on petrol/diesel.

• Leased Accommodation:  Employees are either provided a bank quarter to stay in or given an option to lease a house for which the bank provides the rent.

• Medical Reimbursement: The banks also provide a certain amount for medical treatment.

• Pension Schemes

• Newspaper Allowance

• Miscellaneous

IBPS RRB Clerk Salary 2023-

A candidate who is appointed as a Clerk in IBPS initially starts receiving Rs.19900 as his basic salary. The age eligibility criteria for IBPS RRB PO 2023 is between 18 and 30 years. The article below discusses the salary structure that includes basic and other allowances.

IBPS RRB Clerk Salary 2023 
Parameters   Amount (Rs.)
Basic Pay19900
SPL Allow3263.60
DA Amount8049.17
HRA Amount2167.88
CCA Amount0.00
HFA/BBA0.00
NPSI2812.00
CASH1250.00
Gross PayRs. 37442.65

IBPS RRB PO SALARY 2023-

The initial salary for IBPS RRB PO may range between approx. Rs. 29,000 to 42000 along with DA, HRA, and special allowances. The age eligibility criteria for IBPS RRB PO 2023 is between 18 and 30 years. There is a fixed amount of increment given to every IBPS RRB PO on the basis of the period of service given by them.

IBPS RRB PO Salary 
ParametersAmount in INR
Starting PayRs. 23700
Rs. 980/- for the first 7 yearsRs. 30650
Rs. 1145/- for the next 2 yearsRs. 32850
Rs. 1310/- for the next 7 yearsRs. 42021
  

IBPS RRB Officer Scale 2 Salary-

A detailed structure of IBPS RRB Salary is discussed below:

IBPS RRB Officer Scale 2 Salary
ParametersAmount
Pay ScaleRs. 48170-1740/1- 49910-1990/10- 69810
DARs. 14,634/- Per month
HRARs. 3,371/- Per month
Special AllowanceRs. 7,707/- Per month
DA on Special AllowanceRs. 2,389/- Per month
Gross IncomeRs. 75,000-77,000/- Per month

IBPS RRB Job Profile-

The job profile of the officers may vary according to the posts they are offered. The job profile of the different posts are given below-

IBPS RRB Officer Scale-I Job Profile

When a candidate is appointed for the post of IBPS RRB Officer Scale-I or Probationary Officer he is under probation for 2 years. During the probationary period, the candidate receives an amount of pay that is quite less than the normal pay scale. The various responsibilities of IBPS RRB Officer Scale I include managing the banking operations. Loan disbursal & credit portfolio rating. To focus on the agricultural schemes and policies for the rural market. Preparing the audit reports and NPA recovery also forms a major job task. The Probationary Officer also looks into the running tasks and schemes of the bank and also keeps an eye on the staff of the bank.

IBPS RRB Assistant Job Profile

The probation period or training period is 6 months when a candidate is appointed as an IBPS RRB Assistant or Clerk. During this time period, the candidate is trained for the responsibilities that will be executed by them. The Job Profile of an IBPS RRB Clerk or an office assistant is given below:

• An IBPS RRB Office Assistant acknowledges cash, drafts, cheques, pay orders, etc.

• Passing and paying out cash payment of withdrawal forms.

• Deals with inward mails, prepares outward mail, and manages the delivery of cheque books to the customer.

IBPS RRB Officer Scale-1 Career Growth:

IBPS RRB Officers in-hand salary ranges from Rs. 29000- Rs. 33000. IBPS RRB Officer Scale-I is a position for the post of Manager Trainee in the Regional Rural Banks or GraminBank. The career growth is as follows-

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

Frequently Asked Questions-

• How much is the Dearness Allowance (DA) offered to IBPS RRB Office Assistant?

Answer- The Dearness Allowance offered to IBPS RRB Office Assistant is 46.5% of the basic pay.

• What does IBPS RRB stand for?

Answer- IBPS RRB stands for Institute of Banking Personnel Selection Common Recruitment Process for Regional Rural Banks.

• What is the selection process for IBPS RRB?

Answer- The IBPS RRB Selection Process 2023 includes the Prelims, Mains exams and interview.

• What is the eligibility to apply for IBPS RRB exam?

Answer- A Bachelor’s degree from a recognized university is generally required for most posts.

• What are posts in which recruitments are done by IBPS RRB?

Answer- IBPS RRB recruitment is done in the following posts
 
• IBPS RRB PO (Officer Scale I)
• IBPS RRB Scale II & III
• IBPS RRB Clerk (Office Assistant)

• What are the allowances and perks provided to the candidates?

Answer- Candidates are provided with dearness allowance, house rent allowance, travel allowance, newspaper allowance, accommodation etc.

Other Related Pages-

IFS Officer SalarySalary of a Bank Employee
Salary of an IPS officerSalary of an IAS Officer
IBPS PO SALARYSSC CGL SALARY

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