IBPS RRB Salary 2021: Check in-Hand Salary Structure, Career Growth & Allowances

IBPS RRB Salary 2021: Check in-Hand Salary Structure, Career Growth & Allowances

ByAkash Mishra  |  Updated on: Jun 7, 2021IBPS RRB 2021 recruitment notification released! IBPS has release the IBPS RRB 2021 notification with various RRB vacancies for Officer Assistant and Officer Scale I post. Check here all the important details about the IBPS RRB Prelims & Mains 2021 exam.
IBPS RRB 2021 recruitment notification released! IBPS has release the IBPS RRB 2021 notification with various RRB vacancies for Officer Assistant and Officer Scale I post. Check here all the important details about the IBPS RRB Prelims & Mains 2021 exam.
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IBPS RRB Salary 2021

IBPS RRB Salary 2021: 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.

This post aims at providing you with the latest information on the salary and related useful details. 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. Check how much salary you will get while working as IBPS RRB PO and Clerk.

IBPS RRB Officer Scale I, II, III & Office Assistant Salary 2021

First of all, you must know that the Institute of Banking Personnel Selection (IBPS) conducts the examination for the Regional Rural Banks or RRB to recruit qualified aspirants. This exam is also known as IBPS RRB which is a quite popular term. Certainly, the IBPS RRB exam is conducted to recruit eligible candidates for 4 different posts.

  • 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)

The Officer Scale post is also known as IBPS RRB PO and the Office Assistant is known as the Clerk under the IBPS RRB 2021 exam recruitment. Thus, new aspirants looking for the IBPS RRB PO and Clerk salary should aware of the name of the posts under PO and Clerk. 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 In-hand Salary (Post-wise)

Check below the IBPS RRB In-hand salaries for various posts allotted by the officials of Regional Rural Banks.

Post

In-Hand 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)

Pay Scale of IBPS RRB Officer Scale I

The basic pay scale for IBPS RRB Officer Scale-I is ₹ 23700-980/7-30560-1145/2-32850-1310/7-42020.

IBPS RRB PO Other Allowances

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

In-Hand Salary of IBPS RRB PO (Officer Scale I)

For new recruits under Officer scale I, the in-hand salary may vary from ₹ 42,000/- to ₹ 45,000/-

  • 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 Managers in the allotted bank.
  • A candidate based on his/her performance can grow in the organization.

IBPS RRB Officer Scale I Perks and Allowances

  • 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 IBPS RRB Officer Scale I post since posting is usually in rural areas.

IBPS RRB Office Assistant (Clerk) Salary

Complete detail about the IBPS RRB Office Assistant Salary is mentioned below.

Pay Scale of IBPS RRB Office Assistant

IBPS RRB Office Assistant Pay Scale is ₹ 13730. We have attached the salary slip of the Office Assistant for your reference below.

In-Hand Salary of IBPS RRB Clerk (Office Assistant)

The in-hand salary of IBPS RRB Office Assistant varies from ₹ 21,000 – 23,000/-. This salary may vary for different organizations.

We will now have a look at various components of the Salary of IBPS RRB Office Assistant.

  • 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 Job profile is the starting step of the lower management level of RRBs.

  • Candidates after selection need to go undergo a training/probation period of 1 year.

IBPS RRB Office Assistant Perks and Allowances

  • Work Pressure in 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.

Career Growth in IBPS RRB

Before being eligible for the promotion, the probationary officer has to serve a minimum period of 2 years as a probation and an Office assistant has to serve a period of a minimum of 1 year 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

Important Related Links

IBPS RRB Officer Scale 1 Mock TestIBPS RRB Office Assistant Mock Test
IBPS RRB Selection ProcessIBPS RRB Application Form 2021
IBPS RRB Question PapersIBPS RRB Exam Pattern
IBPS RRB Syllabus 2021IBPS RRB Job Profile
IBPS RRB Online CoachingIBPS RRB Cut Off

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Akash MishraAkash MishraMember since Jul 2019
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IBPS RRB Officer Salary FAQs

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  • The IBPS RRB Officer scale-1 take-home salary is somewhere around 40000/- to 44000 (Including all perks and benefits). It depends on bank to bank.

  • The in-hand salary of IBPS RRB Office Assistant is approx ₹ 21,000/- to ₹ 23,000/- including all benefits.

  • Yes, IBPS RRB PO has to serve probation of 2 years and clerk to serve a probation period of 1 year.

  • Yes, but he has to work for certain years on the same profile.

  • The basic pay of IBPS RRB PO is ₹ 23,700/-

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