The article talks about the salary of IBPS RRB Clerk in a detailed way. It provides information about the amount of money they receive, their salary structure, basic pay, additional benefits, and opportunities for career advancement.
IBPS RRB Clerk Salary 2024
Every year, the IBPS conducts an exam for people who want to work in regional rural banks in India. Many candidates want to know how much money they will make and what their job will be like. The starting salary for an IBPS RRB Clerk is Rs. 19,900, but it can change depending on the bank’s rules. The monthly take-home salary for an IBPS RRB Clerk is between Rs. 30,000 and Rs. 40,000. Keep reading to learn more about the salary and job responsibilities of an IBPS RRB Clerk.
IBPS RRB Clerk Salary Structure
The people chosen for the job of IBPS RRB Clerk will start with a basic salary of Rs. 19900/-. When you add in other things like allowances, the total salary will be around Rs. 37442. You can see the exact salary breakdown in the table below.
| 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
In addition to a good salary, IBPS RRB Clerks also receive other benefits like Dearness Allowance (DA), Travelling Allowance (TA), and House Rent Allowance (HRA). Read the following points to learn more about the TA/DA/HRA given to IBPS RRB Clerks.
- 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 Deductions
In addition to the money you receive, there are also some amounts taken out of the IBPS RRB Clerk Salary. These deductions usually include things like PF, Income Tax, and Professional tax. You can find more information in the table below.
| 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 Clerk Promotions/ Career Growth
Candidates who perform well in the banking organization are given a chance to move up to higher positions. After working as an IBPS RRB Clerk for 3 years, they can take internal exams to become a Clerk. They can also take additional exams like JAIIB and CAIIB to stand out from others. IBPS RRB Clerk 2024 offers many opportunities for growth and promotion. Candidates should make sure to check all the promotions they can 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)
IBPS RRB Clerk Job Profile
Candidates can find information about the job duties and responsibilities of an IBPS RRB Clerk 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.
The IBPS RRB Clerk Previous Cut Off refers to the minimum marks required to qualify for the IBPS RRB Clerk exam in previous years. The IBPS RRB Previous Year Question Paper refers to the exam paper from previous years that can be used for practice and preparation.
FAQ – Frequently Asked Questions
Q1. What is the in-hand salary of the IBPS RRB Clerk?
The amount of money a person training to be an IBPS RRB Clerk earns is between Rs. 30,000 and Rs. 40,000.
Q2. What is the basic pay salary of IBPS RRB Clerk?
The starting salary for IBPS RRB Clerk is Rs. 19900/-.