IBPS RRB Salary 2023: In Hand IBPS RRB PO, Clerk Salary

IBPS RRB Salary 2023: In Hand IBPS RRB PO, Clerk Salary

ByAkash Mishra  |  Updated on: Jun 1, 2023
IBPS RRB salary 2023: The IBPS RRB PO salary ranges between ₹ 29,000 - 33,000 and the IBPS RRB Office Assistant salary ranges from ₹ 15,000 - 20,000. Know the complete details of salary structure.

IBPS RRB Salary: The candidates must be in possession of complete knowledge of the IBPS RRB salary 2023 and the details pertaining to it to be able to accurately analyze the salary and the work profile. The IBPS RRB PO salary and Clerk salary will provide the candidates with complete knowledge of the work profile and will assist them in having realistic expectations.

The lucrative IBPS RRB salary provided to the candidates by the Institute of Banking Personnel Selection adds to the list of fascination. Along with the salary they are also entitled to numerous emoluments and perks. Accurate knowledge of the salary structure will aid the candidates in fuelling motivation and providing them with realistic expectations for the related job profile. Aspirants who are aiming for banking exams are often curious about the IBPS RRB PO salary and compensation offered to the other posts.

IBPS RRB Salary 2023

The candidates must be well aware of the IBPS RRB salary and job profile to analyze their upcoming roles and responsibilities accurately and aptly to get through the selection process. It is a highly reputed and prestigious job profile that is a major attraction for a myriad of candidates. Candidates will also be able to develop the knack to be able to pursue upcoming tasks with efficiency.

We have facilitated IBPS RRB salary in-hand, salary slip, perks & emoluments for Officer Scale-I (PO), and Office Assistant (Clerk) posts. Crystal clear knowledge of the salary structure will help candidates to understand the gravity and seriousness of the IBPS RRB exam. Let us have a look at the IBPS RRB salary structure, pay scale, and perks offered to the Office Assistant and Officer Scale-I posts.

IBPS RRB Salary For Officer Scale I, Office Assistant

Candidates must know that the Institute of Banking Personnel Selection (IBPS) examines the Regional Rural Banks (RRB) to recruit qualified aspirants. This exam is also known as IBPS RRB, a quite popular term. Certainly, the exam is conducted to recruit eligible candidates for 4 different posts. Candidates should do detailed research on all the posts and fill out the posts according to their eligibility and preferences.

  • IBPS RRB Office Assistant or Clerk (Multipurpose)
  • IBPS RRB Officer Scale I or PO
  • IBPS RRB Officer Scale-II ( Generalist & Specialist)
  • IBPS RRB Officer Scale III (Senior Manager)

IBPS RRB Salary In-hand

The IBPS RRB salary is the amount of the total amount of salary received by the candidates monthly after the gross deductions and additions. You must be wholly cognizant of the IBPS RRB salary in hand received by the candidates at various posts. Check below the IBPS RRB In-hand salaries for various posts allotted by the officials of Regional Rural Banks.

Take a look at the table illustrated herewith to be able to get through the IBPS RRB salary in hand details to be able to get a detailed knowledge of the job profile and have realistic expectations. The salary varies according to the post, take a look at the table illustrated herewith to be able to become wholly cognizant.

Post

IBPS RRB Salary

IBPS RRB Clerk (Office Assistant)

₹ 21,000 - ₹ 23,000

IBPS RRB PO (Officer Scale-I)

₹ 42,000 - ₹ 45,000

IBPS RRB PO (Officer Scale-II)

₹ 55,000 - ₹ 60,000

Note: According to a new rule in the banking sector there is a deduction of 10% for NPS (basic pay+DA) in place of provident fund (PF).

IBPS RRB PO Salary (Officer Scale I)

Along with a highly lucrative IBPS RRB PO salary structure, candidates are also entitled to numerous perks and allowances that add up to the fascination of the candidates and make the job profile even more attractive. Get the complete details of the salary as illustrated here, pay scale, dearness allowance, house rent allowance, etc.

IBPS RRB Officer Scale I Salary - Pay Scale

The basic pay scale for IBPS RRB Officer Scale-I is ₹ 23700-980/7-30560-1145/2-32850-1310/7-42020. The pay scale differs along with the post. The Probationary Officers are entitled to a high pay scale cumulatively with perks and allowances.

IBPS RRB PO Allowances

The IBPS RRB perks and allowances are provided to the candidates along with the salary structure. Take a look at the table schematized herewith to gain an understanding of the allowances received by the Probationary Officers and Assistants. A myriad of candidates are attracted to the job profile, the salary structure and allowances play a vital role in this. The candidates can get complete information about the IBPS RRB salary to be able to analyze their career growth and progression.

IBPS RRB PO Salary Allowances

Dearness Allowance (DA)

75.9% of the basic pay.

House Rent Allowance (HRA)

7% of basic pay

Special Allowances (SA)

7.75% of the basic pay.

Other Allowances (Depends on Bank to the bank)

Travel Allowance

Newspaper Allowance (200 per month In case of PO))

Medical Reimbursement (8000 per year in case of Scale-1 and 2200 in case of office Assistant)

entertainment (400 Rs for 3 months and 1200 for a year in case of PO)

Leased Accommodation

Other Miscellaneous

IBPS RRB PO Salary In Hand

For recruits under Officer Scale I, the in-hand salary may vary from ₹ 42,000/- to ₹ 45,000/-. Candidates can get all the details pertaining to the IBPS RRB salary structure and proceed ahead in the selection process. You will be able to gain insights into the IBPS RRB PO salary structure by walking through the points mentioned herewith.

  • Officers in IBPS RRB draw salaries almost equal to other PSBs.
  • After selection as IBPS RRB Officer Scale I, the candidate has to serve a minimum of 2 years of probation. During his/her probation period he/she is eligible for the increments in salary like other employees.
  • After completing of Probation period, the candidates are promoted to the post of Assistant Manager in the allotted bank.
  • A candidate based on his/her performance can grow in the organization.

IBPS RRB Officer Scale I Perks and Allowances

Along with the handsome salary package they are also entitled to numerous perks and allowances, that makes their job profile attractive to a myriad of candidates. Take a look at the points elaborated herewith to gain insights into the perks and allowances provided to the candidates recruited as Probationary Officers and Clerks in the Institute of Banking Personnel Selection.

  • IBPS RRB Officer Scale-I is eligible for various perks and benefits.
  • There is less work pressure in IBPS RRB as compared to other banks.
  • Employees have a decent work-life balance under the IBPS RRB officer scale I post.
  • Also, there is a high possibility of home postings under this post.
  • The cost of living is usually low in the case of the IBPS RRB Officer Scale I post since posting is usually in rural areas.

IBPS RRB Office Assistant Salary

The Office Assistants also receive a highly lucrative IBPS RRB salary structure along with numerous perks and allowances. The IBPS RRB Clerk salary differs post-wise and the Assistants receive HRA, DA, CCA, and numerous other pertinent. Take a look at the points mentioned herewith to gain the chunks of information about the IBPS RRB Clerk salary structure and have an ideal knowledge of the pay scale and other pertinent.

Pay Scale of IBPS RRB Office Assistant

The Office Assistants receive a salary on the pay scale of ₹ 13730, you must have a detailed knowledge of the salary structure received by the candidates. You can get the complete details of the pay scale, salary structure, and the pertinent centering on it.

IBPS RRB Clerk Salary In Hand

The in-hand salary of an IBPS RRB Office Assistant varies from ₹ 21,000 – 23,000/-. This salary may vary for different organizations. Get to know about the in-hand salary, city compensatory allowance, dearness allowance, and house rent allowance offered to the candidates for all the posts. We will now have a look at various components of the IBPS RRB Office Assistant salary.

  • Basic Pay: This is the fixed amount of salary that an employee is eligible for in return for the work he/she does.
  • Dearness Allowance: This is the amount of money that is added to a person’s basic pay or pension because of rising prices and other costs. (This is changed every year taking inflation into consideration).
  • City Compensation Allowance: It is the type of allowance offered by institutions to their employees to compensate for the high cost of living in the metro and large cities.
  • House Rent Allowance: It is a component of the salary given by the organization to its employee to meet house rent expenses. (This is a bit low compared to other posts, but it is enough since the banks are located in rural areas.)

IBPS RRB Office Assistant Perks and Allowances

There are numerous perks and allowances that the Office Assistants are entitled to, you can get the complete details of all the perks that will be offered to you after you get recruited as Office Assistants. Take a look at the points mentioned herewith, to gain insights into the IBPS RRB Clerk salary.

  • Work Pressure in the IBPS RRB Office Assistant post is comparatively less as compared to similar posts of other nationalized banks.
  • The post of IBPS RRB Office Assistant offers a lot of scope for further career development.
  • Working hours are usually fixed for the post of IBPS RRB Office Assistant.
  • Home posting is one of the best benefits offered by the IBPS RRB Office Assistant post.

IBPS RRB Job Profile

The candidates must get complete knowledge of the IBPS RRB job profile to be able to develop and imbibe the skills requisite for pursuing the upcoming roles and responsibilities with ease. The job profile presents a vivid depiction of the work concerned and associated with the job profile. Candidates can get the complete details of the job profile by getting acquainted with the under-noted points as mentioned herewith.

IBPS RRB PO Job Profile

Take a look at the IBPS RRB PO job profile to be able to get through the selection process. You can get complete knowledge of the job profile that will assist the candidates in moving ahead in the selection process. Take a look at the IBPS RRB PO job profile as listed here to be able to have complete ideation of the job profile.

  • Disburse loans
  • Manage numerous tasks of the bank
  • Auditing the tasks
  • Upliftment of the rural economy
  • Disburse the loans

IBPS RRB Clerk Job Profile

The candidates can get complete of the IBPS RRB job profile to be able to get through job profile, the candidates can get complete details of the same to be able to get the abilities to be able to get complete details. The complete details have been posted herewith:

  • Opening account and printing passbooks
  • Transactions of cash
  • Passbook printing
  • Withdrawal of payments
  • Cash Counter Management

IBPS RRB Salary Slip

The IBPS RRB salary slip provides the candidates with complete knowledge of the salary structure, and the details centering on it. It comprises complete details of the salary such as the additions and the gross deductions. The detailed knowledge of the salary slip will assist the candidates in getting an elaborate cognizance of all the factors. It is a complete information handout for candidates receiving a lucrative salary structure. The IBPS RRB PO salary slip provides the candidates with a vivid depiction of the salary structure to be able to get detailed knowledge of all the components of the salary.

IBPS RRB Career Growth

The Institute of Banking Personnel Selection provides a myriad of growth opportunities to the candidates getting recruited as Probationary Officers and Clerk. Take a look at the hierarchy of the posts mentioned herewith. Eligible and competent candidates can get recruited for these posts. The detailed knowledge of IBPS RRB career growth will assist the candidates in tracing the paths of their careers and analyzing the probability of getting promoted to higher levels to take up higher roles and responsibilities.

Before being eligible for the promotion, the probationary officer has to serve a minimum period of 2 years on probation and an Office assistant has to serve a period of a minimum of 1 year in the organization. The hard-working, eligible, and competent candidates will have a higher chance of probability to get higher posts in the organization.

  • 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

FAQs on IBPS RRB Salary

  • The candidates must be conversant with the complete details of the IBPS RRB salary to be able to get detailed knowledge of all the parameters to gain insights into the exam. The IBPS RRB PO salary ranges between ₹ 29,000 - 33,000 and the IBPS RRB Office Assistant salary ranges from ₹ 15,000 - 20,000.

  • It is of utmost importance for the candidates to be in possession of the complete details of the IBPS RRB salary and the parameters centering on it. This will assist them in getting complete ideation of the salary structure and the work profile related to it. The IBPS RRB PO salary is somewhere around ₹ 40000/- to 44000 (Including all perks and benefits).

  • The in-hand IBPS RRB Office Assistant salary is approx ₹ 21,000/- to ₹ 23,000/- including all benefits. The candidates can calculate the IBPS RRB salary by using this formula Basic Salary House Rent Allowance Dearness Allowance+ City Compensation- Provident Fund and Pension Contributions.

  • Yes, IBPS RRB PO has to serve probation of 2 years, and the clerk has to serve a probation period of 1 year. But, it can be extended as per your performance by the authorities of IBPS.

  • Yes, but he has to work for certain years on the same profile. The Institute of Banking Personnel Selection provides candidates with myriad opportunities for growth and promotion. Eligible and competent candidates can expect a promotion on the basis of their performance.

  • The basic IBPS RRB PO salary is ₹ 23,700/-. Other than the salary, IBPS RRB officers are also entitled to receive various perks & benefits such as DA, HRA, TA, Insurance, etc. The candidates can get complete cognizance of the IBPS RRB salary and the other perks and allowances entitled to them.

  • The Dearness Allowance adds up to the IBPS RRB salary and makes the job profile even more attractive. The candidates must be completely conversant with all the parameters and pertinent centering on the salary to be able to get ahead in the selection process. The DA received by the Probationary Officers is 75.9% of the basic pay.

  • The candidates must have an in-depth knowledge of the pay scale of the IBPS RRB salary to be able to analyze the work profile rightly and have realistic expectations for the same. The pay scale of the Probationary Officers is ₹ 23700-980/7-30560-1145/2-32850-1310/7-42020.

  • The candidates must have a detailed knowledge of the IBPS RRB salary and house rent allowances to be able to get through the selection process. The house rent allowance received by the Probationary Officers of RRBs is 7% of basic pay. 

  • The Institute of Banking Personnel Selection offers an attractive salary package along with numerous perks and allowances to the candidates. The perks and allowances add up to the attraction of the job profile. The allowances received are Dearness allowance, House Rent Allowance, Special Allowance, Travel Allowance, Newspaper Allowance, Medical Reimbursement, etc.

  • The eligible, competent, and dedicated candidates are offered a plethora of chances of progressing in their careers and achieving heights of success. Candidates can take a look to be able to get ahead in the selection process and prepare your strategy to be able to get promoted to a higher level.

    • 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

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