IBPS RRB Salary: If you are serious about building your career in banking and want to work as an RRB Officer or Clerk, you must focus on the essential elements of the IBPS RRB Exam like the various job profiles along with the career opportunities because through this exam you will be able to chase your dream.
The blog which we have shaped for you will satisfy all your needs in connection with IBPS RRB Salary. Applying for different kinds of positions is as important as knowing about the salary structure.
IBPS RRB Salary 2023
As per the recruitment, IBPS RRB 2023 is recruiting for four different posts which include:
- IBPS RRB Office Assistant (Multipurpose)
- IBPS RRB Officer Scale-I (Assistant Manager)
- IBPS RRB Officer Scale-II (Manager)
- IBPS RRB Officer Scale-III (Senior Manager)
The IBPS RRB Salary 2023 for these posts is different. Below is the table comprising of the IBPS RRB Pay scale for different posts.
IBPS RRB Salary For Clerk & Officer Post 2023 |
|
IBPS RRB Posts |
IBPS RRB salary details (In-hand Salary) |
IBPS RRB Clerk |
Rs. 15000 – Rs.20000 |
IBPS RRB Officer (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 Officer Scale I: Career Growth and Promotions
The positions which fall under the IBPS Structure will make way for all kinds of possibilities. The candidates must keep themselves updated regarding career growth.
IBPS RRB Officer Scale-I is a position for the post of Probationary Officer (PO) in the RRBs. The in-hand salary of IBPS RRB Officer ranges from Rs. Rs. 29,000 – Rs. 33,000.
An IBPS RRB Officer Scale I will be under probation for a period of 2 years. After that he/she will be appointed as a regular serving employee thereby, being promoted to the post of Assistant Manager. The promotional hierarchy for IBPS RRB Officer Scale I is shown below:
- 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
Must-Read: Direct link for IBPS RRB Exam 2023
IBPS RRB Salary: Allowances and Other Benefits
Apart from the IBPS Basic Pay, the Officers are entitled to various other allowances and benefits which include
- Dearness Allowance (DA)
- Special Allowance
- House Rent Allowance (HRA)/Leased Accommodation
- Travelling Allowance (TA)
- Conveyance Allowance
- Hill Station Allowance
- Medical Reimbursement
- National Pension Scheme (NPS)
- Leave Travel Concession
- Household Cleaning Expenses
- Overtime Allowance
- Furniture Allowance
- Newspaper Allowance
- Leave Encashment
IBPS RRB Salary Allowances |
|
Dearness Allowance |
46.5% of the basic pay. |
House Rent Allowance |
For Rural Areas: 5% of the basic pay For Semi-urban Areas: 7.5% of the basic pay For Urban Areas: 10% of the basic pay |
Special Allowances |
7.75% of the basic pay. |
Apart from basic pay, allowances, benefits, and a decent IBPS RRB pay scale, there are various other perks of working at RRBs.
IBPS RRB Job Profile: Roles and Responsibilities
The roles and responsibilities of IBPS RRB Officers and Assistants are as below
IBPS RRB Job Profile for Officer Assistant (Multipurpose)
As the name says, Officer Assistant is a clerical job that involves multi-tasking in various departments of the bank. The IBPS RRB Job Profile includes
- Office Assistants have to verify the documents and proofs that are submitted by the customers.
- Must receive cash, cheques, drafts, pay orders, etc. from the customers.
- Update passbooks of account holders and manage the delivery of chequebooks.
- IBPS RRB Office Assistants are responsible for the issuance of Demand Drafts (DDs), cash receipts, and the creation of bank accounts for the customers.
- They also perform data-entry activities.
- Office Assistants are responsible for bank cash, balance sheets, ledger, various important documents of the bank, keys, etc.
- They are responsible for accounts and treasure-related works.
- Office Assistants also have to educate the rural people and provide them with information about the latest government schemes and policies
- They have to help customers with their queries, guide them, and resolve issues.
IBPS RRB Job Profile of Officer Scale-I
The IBPS RRB Officer Scale-I is similar to a provisional officer in a commercial bank. They need to handle regular activities in the bank and monitor all the work. The duties of an Officer Scale-I include
- Officer Scale I has to supervise the Office Assistants.
- They have to evaluate the applications and other documents submitted by people/farmers asking for loans.
- Recovery of loans is also a very crucial duty of Officer Scale I.
- They have to work towards the implementation of new schemes and policies by the government.
- They have to create reports on the activities of the bank.
- Performing audits and other related tasks are also the jobs of Officer Scale I.
IBPS RRB Job Profile of Officer Scale-II
Officer Scale-II are recruited under various departments like
- Agriculture Officer
- Marketing Officer
- Treasury Officer
- Law
- Chartered Accountant
- Information Technology
IBPS RRB Job profile of Officer Scale-III
The Officer Scale-III employees are recruited as Senior Managers
Thus, hope you have received detailed information regarding the IBPS RRB Payscale and job profile. So, start applying now before the last date and prepare well. Start studying for the IBPS RRB Exam with a wide range of IBPS Preparation Books available online.
Read More: IBPS RRB Application form
You can have detailed information regarding the steps to fill IBPS RRB Application form, application fee, and online application process from the online application link provided below.
We have included all the information regarding IBPS RRB Salary. If you have any questions feel free to ask in the comment section.
FAQ: IBPS RRB Salary
What is the pay scale of an Officer in Regional Rural Banks?
The pay scale of an IBPS RRB Officer is 14500-600/7-18700-700/2-20100-800/7-25700.
What is the monthly IBPS RRB Office Assistant Salary?
The basic monthly salary of an Office Assistant in RRB varies between Rs. 15,000/- to Rs.19,000/- per month.
What benefits are provided to an employee in IBPS RRB?
House Rent Allowance
Medical Allowance
Travel Benefits
Medical Reimbursement
Miscellaneous Allowances (Newspaper, Petrol, etc.)
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What is the job profile of an IBPS RRB Officer?
An Officer in a Regional Rural Bank has various responsibilities to fulfill. These include:
Customer Dealing
Bank Retail Operations
Loan Documentations
Verifying Cash and Payment Transactions
Maintaining Important Data and Files