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IBPS RRB Salary 2024 - Detailed Pay Scale, Allowances & Job Profile
Edited By Soujanya K | Updated on Feb 19, 2024 02:15 PM IST | #IBPS RRB
Institute of Banking Personnel will outline the IBPS RRB 2024 salary details in the official notification. Candidates will be able to download the IBPS RRB notification at ibps.in. Candidates attempting the IBPS RRB exam can find more information about salary details in the article below.
IBPS holds the IBPS RRB recruitment exam annually to hire qualified candidates for the posts of Officer Scale I, Officer Scale-II, Officer Scale-III and Office Assistant (Clerk). IBPS RRB 2024 salaries vary by post and typically, the basic pay ranges from Rs. 15,000 to Rs. 44,000. In addition to the IBPS RRB Bank PO salary, candidates are entitled to various perks, benefits, and allowances.
Recommended: IBPS RRB Sample/Question Papers
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This Story also Contains
- IBPS RRB 2024 Salary
- IBPS RRB PO Salary 2024
- IBPS RRB Clerk Salary 2024 (Office Assistant)
- IBPS RRB Salary Structure 2024
- IBPS RRB Allowances 2024
- IBPS RRB 2024 Various Allowances
- IBPS RRB Career Growth 2024
- IBPS RRB Clerk and IBPS RRB PO - Job profiles
- IBPS RRB PO 2024 Job Profile
- IBPS RRB Salary 2024 - Perks
- IBPS RRB Clerk Perks
IBPS RRB 2024 Salary
IBPS RRB Posts | IBPS RRB salary (In-hand Salary) |
IBPS RRB Office Assistant (Multipurpose) | Rs. 15000 – Rs.19000 |
IBPS RRB Officer (Scale I) | Rs. 29,000 – Rs. 33,000 |
Officer Scale-II | Rs. 33,000 – Rs. 39,000 |
Officer Scale III | Rs. 38,000 – Rs. 44,000 |
Quick links:
IBPS RRB PO Salary 2024
IBPS RRB Probationary Officer receives an IBPS RRB scale 1 salary in the pay band of Rs. 51,000 to 58,000/-. All the details related to the salary will be provided in the IBPS RRB PO salary slip. The posts also provide an increment in the IBPS RRB scale 1 salary on a regular basis. From the below table, candidates can check the annual increments in IBPS RRB PO Salary.
IBPS RRB scale 1 salary 2024
Period of Service | IBPS RRB Annual Increments |
First 7 Years of Service | Rs. 980/- |
Next 2 Years of Service | Rs. 1145/- |
Next 7 Years of Service | Rs. 1310/- |
IBPS RRB Clerk Salary 2024 (Office Assistant)
IBPS RRB office assistant salary ranges between Rs. 21,000 to Rs. 23,000. From the table below, aspirants can check more information related to IBPS assistant salary and the annual increments.
IBPS Office Assistant Salary 2024
Period of Service | Annual Increments |
First 3 Years of Service | Rs. 400/- |
Next 3 Years of Service | Rs. 500/- |
Next 4 Years of Service | Rs. 600/- |
Next 7 Years of Service | Rs. 700/- |
Next Year | Rs. 1300/- |
Next Year | Rs. 800/- |
Besides the annual increments, IBPS Office Assistant also receives other IBPS RRB Clerk allowances and perks apart from their salary. This adds up to their IBPS RRB clerk salary in hand, almost Rs. 21,000/- to 23,000/- per month.
IBPS RRB Groups and Posts
Group A: Officers Post
IBPS RRB Officer Scale I (PO)
IBPS RRB Officer Scale-II (Generalist and Specialist)
Group B: Office Assistant
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Quick links:
IBPS RRB Application Form 2024
IBPS RRB Eligibility Criteria 2024
IBPS RRB Salary Structure 2024
The salary structure for IBPS RRB Office Assistants is in the range of Rs. 7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300. Rs. 19000- Rs. 22000.
IBPS RRB Allowances 2024
From the following table, candidates can get detailed information related to the allowances provided to officers in IBPS RRB.
IBPS RRB Salary 2024 Allowances
Dearness Allowance (DA) | 46.5% of the basic pay. |
House Rent Allowance (HRA) |
|
Special Allowances | 7.75% of the basic pay. |
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IBPS RRB 2024 Various Allowances
Apart from the above-mentioned allowances, candidates are also offered the following allowances which are a part of the IBPS RRB salary 2024.
Travel Allowances (TA): Candidates are provided full travelling allowance or reimbursement of money spent on fuel.
Medical Reimbursement: Banks also provide medical treatment for their candidates.
Leased Accommodation: Banks provide employees with house accommodation, which is either through a bank quarter or lease a house of which the bank is accountable for providing the rent
Apart from these, candidates also get Pension Schemes and various other benefits, which will be informed to them upon joining.
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IBPS RRB Career Growth 2024
Apart from knowing the IBPS RRB salary 2024, candidates are also keen to know about the career growth in this sector. Here we have shared the post-wise career growth in IBPS RRB. This is just an idea, and the actual promotion is based on the candidate's performance, the bank's policies etc.
Candidates will first have to serve a probation period of two years, after completion of the probation period, during the probation, their post will be Manager Trainee. After clearing the probation, they will be promoted to the post of Assistant Manager. The following pointers explain career growth -
IBPS RRB Officer Scale I
Assistant Manager
Deputy Manager
Branch Manager
Senior Branch Manager
Chief Manager
Assistant General Manager
Deputy General Manager
General Manager
Quick links:
IBPS RRB Clerk and IBPS RRB PO - Job profiles
From the following pointers, candidates can check the job profiles of IBPS RRB Clerk and Probationary Officers.
IBPS RRB Clerk 2024 Job Profile
IBPS RRB Clerks have to undergo training which is also a probation period of six months. Their job profile consists -
Handling receipts, cheques, cash, drafts, pay orders etc.
Handling passing and paying out cash, cheques, payment of withdrawal forms, etc.
Acknowledging inward mails, preparing outward mails, and managing delivery of chequebooks etc.
More Salary Articles Related to Popular Exams In India
IBPS RRB PO 2024 Job Profile
IBPS RRB PO candidates have to undergo probation for two years. The initial months are the training period. The job profile of IBPS RRB PO consists of -
Manage day-to-day banking operations.
Disbursement of loan and credit portfolio rating.
Focus on agricultural schemes and policies for rural areas.
Preparing audit reports and (Non-Performing Asset) NPA recovery.
Quick Links:
IBPS RRB Selection Procedure 2024
IBPS RRB Salary 2024 - Perks
After knowing the IBPS RRB salary 2024, it is time to know about the perks of the job. From the following pointers, we have tried to sum up the perks related to the IBPS RRB job.
IBPS RRB PO Perks
Work pressure is less than in other banks.
The chances of getting home postings are high.
Posting is done in rural areas hence, the cost of living is low. However, the infrastructure of the bank, as well as the accommodation, is sub-standard. But the banks give special care to the candidates.
Employees can get a decent work-life balance while working due to less pressure.
Rural areas mean less pollution which means a healthy life for the employee and their families, which is rare these days.
IBPS RRB Clerk Perks
Less work pressure.
Home posting is possible.
Great opportunity for growth.
Fix working hours which adds to better work-life management.
Rural areas mean close to nature and have less pollution meaning a healthy life for the employee and dependents, which is rare these days.
The roles and responsibilities of IBPS RRB Officers vary from post to post under different departments. There are other government exams which also have a great designation, career, and salary.
Check Here For A List of Other Government Exams
Frequently Asked Question (FAQs)
1. What is the salary of IBPS RRB?
The salary for IBPS RRB Officer Scale 1 is approximately Rs. 25,700.
2. Is IBPS RRB good job?
Yes, it is one of the best banking jobs in India, there is less pressure and the growth is good.
3. What is the salary of Bank PO after 5 years?
The starting salary of Bank PO is Rs. 25,000 and after 5 years of work it will be anything around Rs. 35,000-40,000.
4. Is IBPS RRB easy to crack?
The exam is not very tough but the competition is high making it a tough nut to crack.
5. What is the job profile of IBPS RRB Office Assistant/Clerk?
Candidates selected for the post of IBPS RRB Office Assistant/Clerk have to perform various duties like - handling receipts, cheques, pay orders, cash, and drafts. They are also responsible for passing and paying out cash, payment of withdrawal forms, etc.
6. What is the job profile of IBPS RRB Officers Scale I?
IBPS RRB Officers Scale 1 have to perform various duties like day-to-day operations, disbursement of loan and credit portfolio rating, NPA recovery etc.
7. What is the difference between the salary structure of IBPS RRB Officers Scale I and IBPS PO?
The pay scale for IBPS RRB Officer Scale I is Rs. 25,700. The present in-hand salary varies Rs. 29,300 to 33,000. While that for IBPS PO is Rs. 42,020.
8. What is the pay scale of IBPS RRB Clerk?
The pay scale of IBPS RRB Clerk is Rs. 19.300.
9. What is the pay scale of IBPS RRB PO?
The pay scale of IBPS RRB PO is approximately 25,700.
10. What is the salary of an IBPS RRB PO?
The salary of an IBPS RRB PO can be between Rs. 29,000 to 33,000.
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6 min ⋆ May 02, 2024 09:05 AM ISTQuestions related to IBPS RRB
Have a question related to IBPS RRB ?
Hi ,
So, there are two posts for IBPS RRB pro exam, and their eligibility criteria according to IBPS RRB 2023 are:
Post Age Limit
1. Officer Scale-I(Assistant Manager) Minimum age-18 years Maximum age-30 years
2. Officer Assistant (Multipurpose) Minimum age-18 years Maximum age-28 years
So according to your year of birth , you don't have an age limit for IBPS RRB pro exam.
yash79148 12 August,2022
Absolutely yes, you can give RRB PO exam in Hindi language as well. While filling the form you will have to select your language as Hindi. Also there is quite difference in Hindi and English paper, hence to be on a safer side you should check the last year question paper as well of both the subjects while preparing for the exam
Devendra Nikhare 21 August,2022
Hello aspirant,
No, you are not eligible for the IBPS Clerk 2023 examination. The lowest age for the IBPS clerk test is 20 years, and the maximum age is 28 years. To be eligible, candidates must hold a college or university degree in any discipline. Students who are in their final year of study are ineligible to participate in the recruitment process. Applicants must demonstrate competency in the state's/official UT's language, which means they must be fluent in the language.
Since you have crossed the maximum age limit criteria, you are not eligible.
Thank you
Hope this information helps you.
Sajal Trivedi 29 July,2022
Hi,
Since you were born on 04-12-1990, you're around 32 year-old.
The age limit for each post respectively is as follows -
Age restriction (as of June 1st):
- The candidate for Office Assistant should be between the ages of 18 and 28.
- Aspirants for Officer Scale I must be at least 18 years old and no older than 30 years old.
- Officer Scale-II: The lower and upper age limits for the position of manager are 21 and 32 years, respectively.
- Officer Scale-III: The lower and upper age limits for this post are 21 and 40 years, respectively.
Therefore, you can apply for Officer Scale-II and Officer Scale-III respectively, according to the age criteria.
You might want to check the following link for more information regarding the examination details for IBPS RRB 2022, such as admission procedure, seat matrix, syllabus, exam strategy, previous year papers, etc. -
https://www.google.com/amp/s/competition.careers360.com/exams/ibps-rrb/amp
Muskan Dhalwal 08 August,2022
Hello,
You cannot change your details after the application has been submitted. The last date to apply for IBPS RRB is also over. Your details in the certificates and the application must match. If your name is different in the certificate and the application then you need to get an affidavit that both the names belong to you. You need to provide this certificate at the time of document verification. Your candidature will gets cancelled if the details are incorrect.
Sharon Rose 08 July,2022
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News and Notifications
June 01, 2023 - 06:56 AM IST :
IBPS RRB application form 2023 released
May 31, 2023 - 06:12 PM IST :
September 12, 2022 - 07:09 PM IST :
IBPS RRB Mains 2022 admit card issued for Office Assistants
November 01, 2023 - 03:53 PM IST
October 22, 2023 - 02:10 PM IST
September 10, 2023 - 05:35 PM IST
September 07, 2023 - 06:49 PM IST
September 02, 2023 - 09:43 AM IST
August 29, 2023 - 08:06 AM IST
August 23, 2023 - 09:20 PM IST
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