IBPS RRB 2024 Salary: Post-wise In Hand Salary, Pay Scale, Allowances & Job Profiles

There is tremendous scope for progress in this job profile. IBPS RRB Office Assistants are able to get promoted to Officers' posts through deputation and experience. The chances of being promoted to a higher Managerial Scale level are very high. Candidates selected to the post of Assistants are entitled to a good salary. The post-wise salary of IBPS RRB is given below.

IBPS RRB Office Assistant (Multipurpose): INR 15000-19000

IBPS RRB Officer (Scale I): INR 29,000-33,000

Officer Scale-II: INR 33,000-39,000

Officer Scale III: INR 8,000-44,000

IBPS RRB Officers Scale 1 is on probation for two years. After its completion, candidates are promoted to Assistant Manager. The career growth of IBPS RRB Officer Scale 1 is mentioned 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

The job responsibilities of IBPS RRB Officer are given below:

• Customer Dealing
• Bank Retail Operations
• Loan Documentations
• Verifying Cash and Payment Transactions
• Maintaining Important Data and Files

The salary structure for IBPS RRB office assistants range between INR 7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300.

The allowances offered to IBPS RRB Officers are given below.

The perks offered to IBPS RRB Officers are given below.

• Travel Allowances: Candidates are offered 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 gives an option to lease a house for which the bank is accountable for providing the rent.
• Medical Reimbursement: The banks also provide a fixed amount to their employees for medical treatment.
• Pension Schemes
• Miscellaneous

The initial basic pay of IBPS RRB PO/Officers Scale 1 is INR 36,000. The salary structure is based on the 10th Bipartite Setllement and the pay scale of IBPS RRB PO is INR 36,000 – 1,490/7 – 46,430 – 1,740/2 – 49,910 – 1,990/7 – 63,840. The initial basic pay of IBPS RRB PO is INR 36,000, and after annual increments over the years, the maximum basic pay can reach up to INR 63,840. 

The job profile of IBPS RRB PO is given below:

• Disburse loans
• Manage numerous tasks of the bank
• Auditing the tasks
• Upliftment of the rural economy
• Disburse the loans

The job profile of IBPS RRB Clerk is given below:

• Opening account and printing passbooks
• Transactions of cash
• Passbook printing
• Withdrawal of payments
• Cash Counter Management

The starting salary for an IBPS RRB Clerk is INR 19900 per month and the pay scale of an IBPS Clerk is INR 19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. IBPS RRB Clerk salary structure is given below.

IBPS RRB PO salary after 10 years might range between INR 70,000 to INR 80,000, including allowances and benefits. The salary is also decided based on various factors such as promotions received, individual performance, bank policies, etc. IBPS RRB Clerk exam is conducted to select candidates for the post of Clerks in the RRBs.

After five years, IBPS RRB PO can expect a substantial increase in salary. The salary structure may vary based on several factors, including the bank’s policies and the employee’s performance. However, on average, the approximate salary of an IBPS RRB PO after 5 years may range between INR 50,000 to 60,000 including various allowances and benefits.

The starting basic IBPS RRB Clerk salary is INR 19,900 and increases gradually after regular increments. After 5 years, the salary grows significantly. IBPS RBR Clerk salary after 5 years is given below.

IBPS RRB Clerk salary after 10 years increases substantially. The salary of IBPS RRB Clerk after 10 years is given below.