Here is the information about the salary for different positions in IBPS RRB in 2024. It includes the salary you will receive, the allowances you will get, and the job profile and career growth opportunities. IBPS RRB offers a good salary and benefits, making it an attractive job option. We have also discussed the salary structure for Office Assistant and Officer Scale I, II, and III positions.
IBPS RRB Salary 2024
Every year, the Institute of Banking Personnel Selection (IBPS) holds exams to hire people for jobs in Regional Rural Banks in India. People who want to work in banking often wonder how much money they can make as an IBPS RRB PO or Clerk. We have information about the salary, benefits, and promotions for both Officer Scale-I (PO) and Office Assistant (Clerk) positions. The IBPS RRB 2024 exam is for hiring Group A and B positions.
- Group A- Officer Scale- I (Probationary Officer), II, and III
- Group B- Office Assistant (Multipurpose) (Clerk)
We are talking about how much money an IBPS RRB Employee gets paid.
IBPS RRB Salary In-Hand 2024
The table below shows how much money you can earn each month for different jobs in the IBPS RRB Exam. Take a look to see the salary for each position.
| IBPS RRB Salary For Clerk & Officer Post | |
| IBPS RRB Posts | IBPS RRB Salary (In-hand Salary) |
| IBPS RRB Clerk/Assistant | Rs.20,000 – Rs.25,000 |
| IBPS RRB Officer Scale-I(PO) | Rs.29,000/- – Rs.33,000/- |
| Officer Scale-II | Rs.33,000/- – Rs.39,000/- |
| Officer Scale III | Rs.38,000/- – Rs.44,000/- |
IBPS RRB Clerk Salary 2024
The starting salary for IBPS RRB Clerk is Rs.19,900. In addition to this, there are other parts of the salary that make the total salary Rs. 37,442.65. You can see the different parts of the salary in the table below.
| Earnings | Amount (In Rs.) |
| Basic Pay | 19900 |
| SPL Allow | 3263.6 |
| DA Amount | 12177.76 |
| HRA Amount | 2167.88 |
| CCA Amount | 0 |
| HFA/BBA | 0 |
| NPS | 2812 |
| Cash | 1250 |
| Gross Pay | 41,571.24 |
IBPS RRB PO Salary 2024
The table below shows the information about the salary of IBPS RRB PO and how it increases over time.
| Parameters | Amounts |
| Starting Pay | Rs.23700 |
| Rs. 980/- for the first 7 years | Rs.30650 |
| Rs. 1145/- for the next 2 years | Rs.32850 |
| Rs. 1310/- for the next 7 years | Rs.42021 |
IBPS RRB Officer Scale-I Salary
The starting salary for IBPS RRB PO can be between Rs.29,000 to 33,000, which includes additional benefits like DA, HRA, and special allowances. The pay scale for IBPS RRB Officer Scale-I or PO ranges from Rs.23,700 to 32,850, with regular increments.
| IBPS RRB PO In-hand Salary | |
| Annual Increments | IBPS RRB PO In-hand Salary |
| Starting Pay | Rs.23700 |
| Rs. 980/- for the first 7 years | Rs.30650 |
| Rs. 1145/- for the next 2 years | Rs.32850 |
| Rs. 1310/- for the next 7 years | Rs.42021 |
IBPS RRB Officer Scale 2 Salary
The starting salary for IBPS RRB Scale 2 is Rs.48,170/- and the total salary per month is around Rs. 75,000-77,000/-.
| Particulars | Amounts |
| Pay Scale | Rs.48170-1740/1- 49910-1990/10- 69810 |
| DA | Rs.14,634/- Per month |
| HRA | Rs.3,371/- Per month |
| Special Allowance | Rs.7,707/- Per month |
| DA on Special Allowance | Rs.2,389/- Per month |
| Gross Income | Rs.75,000-77,000/- Per month |
IBPS RRB Office Assistant Salary
The starting salary for IBPS RRB Clerk is between Rs. 15,000 to Rs. 20,000. The exact amount may differ depending on the organization. Recruits also receive a 100% Dearness Allowance. The pay scale for IBPS RRB Office Assistant or Clerk is Rs. 19,900 with a yearly increase.
IBPS RRB Job Profile
IBPS RRB Officers usually work in banks in rural areas and have administrative roles. The specific tasks they do depend on the position they have. This article explains the job profiles of IBPS RRB Officer Scale-I and Assistant.
IBPS RRB Officer Scale-I Job Profile
When someone is chosen for the job of IBPS RRB Officer Scale-I or PO, they have to go through training or a trial period of 2 years. During this time, they will be paid a set amount of money, which is usually less than what they would normally earn. The job description for those selected as IBPS RRB Officer Scale I (PO) is provided below.
- To manage the day-to-day banking operations.
- Loan disbursement & credit portfolio rating.
- To take care of single window operations or being a teller.
- Focus on the agricultural schemes and policies for the rural market.
- Preparing the audit reports and NPA recovery also forms a major job task.
In addition to the things mentioned here, someone also needs to look after the people who work in the building and handle the paperwork. The smooth running of banks also depends on the Probationary Officer.
IBPS RRB Assistant Job Profile
When someone is chosen to be an IBPS RRB Assistant or Clerk, they have to go through a training period or probation for 6 months. During this time, they learn about the tasks they will be doing. The job description of an IBPS RRB Clerk or office assistant is explained below:
- Handle Receipts: An IBPS RRB Office Assistant receives and acknowledges cash, drafts, cheques, pay orders, and other instruments.
- Handle Withdrawals: Passing and paying out cash payment of withdrawal forms, cheques, etc
- Handle mail and delivery: Acknowledging inward mail, preparing outward mail, and managing the delivery of chequebooks.
IBPS RRB Officer Scale-I Career Growth
IBPS RRB Officer Scale-I is a job for a Probationary Officer (PO) in the RRBs. The salary for this job is between Rs.29,000 and Rs.33,000. The person hired for this job will be on probation for 2 years. After that, they will become a regular employee and be promoted to Assistant Manager. Here is the promotional hierarchy for IBPS RRB Officer Scale-I:
- 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
IBPS RRB Salary-Perks & Allowances
The IBPS RRB Salary includes extra money for living expenses and housing for all the different levels of IBPS RRB. The table below shows more information about these extra payments for IBPS RRB Officers.
The IBPS RRB Salary includes different types of allowances. The Dearness Allowance is 46.5% of the basic pay. The House Rent Allowance varies depending on whether you live in a rural, semi-urban, or urban area. For rural areas, it is 5% of the basic pay, for semi-urban areas it is 7.5% of the basic pay, and for urban areas it is 10% of the basic pay. There is also a Special Allowance which is 7.75% of the basic pay. In addition to these allowances, there are other benefits that come with the IBPS RRB Salary in India.
- Travel Allowances: Full travelling allowance or reimbursement of the money spent on petrol/diesel.
- Leased Accommodation: Banks mostly provide their employees either a bank quarter to stay in or an option to lease a house for which the bank is accountable for providing the rent.
- Medical Reimbursement
- Pension Schemes
- Overtime Allowance
- Newspaper Allowance
- Miscellaneous
FAQ – Frequently Asked Questions
Q.What are the posts for which I can apply for IBPS RRB?
You can choose to apply for different positions like IBPS RRB Clerk or Office Assistant, IBPS RRB Officer Scale I or PO, IBPS RRB Officer Scale II, and IBPS RRB Officer Scale III. But remember, you can only apply for one position in the Officer Category.
Q. What is the pay scale of IBPS RRB Clerk?
The starting salary for IBPS RRB Assistant is Rs. 19,900/-.
Q. What is the pay scale of IBPS RRB PO?
The salary range for an IBPS RRB PO is 14500 to 25700, with different increments at different stages.
Q. What is the salary of an IBPS RRB PO?
The current salary for an IBPS RRB PO ranges from Rs.29,000 to 33,000 with a 100% D.A.
Q. What is the job of an IBPS RRB PO or Officer Scale I?
A person working as an IBPS RRB PO has the job of giving out loans and rating credit portfolios. They also have to make audit reports and recover any unpaid loans. They are responsible for managing the bank’s daily activities.
Can Candidate attempt IBPS RRB exams in Hindi language?
Yes, candidates can take the IBPS RRB exams in Hindi, except for the English subject paper.