IBPS RRB Salary 2023: In a job, salary is the most significant component. IBPS offers different salaries and pays scales for officers and clerks. Even the job profile and the nature of work are also different for all the posts. Besides a good pay scale, IBPS RRB PO, as well as clerks, are offered other allowances and perks such as dearness allowance, house rent allowance, travel allowances, and others. In this article, we have provided all the details related to IBPS RRB PO and Clerk Salary 2023.
Table of Contents
IBPS RRB Salary 2023
RRB offers a lucrative salary along with various perks and allowances to its employees. Before looking at the post wise salary structure of IBPS RRB, let us look at the IBPS in hand salary that has been given in the below
IBPS RRB PO Salary 2023 Salary Structure
A newly selected RRB PO gets the initial basic pay of rupees 36,000. In the table given below, we have covered the basic pay and the allowances which are added to the IBPS RRB PO Salary 2023.
| IBPS RRB PO Salary 2023: Salary Structure | |
| Earnings | Amount |
| Basic Salary | 36,000 |
| SPL Allowance | 5,904 |
| DA | 13815.75 |
| HRA | 2520 |
| CCA | – |
| HFA/BFA | – |
| Total Earnings | 58,239.75 |
IBPS RRB PO Salary 2023: Deductions
There is certain kind of amounts that are deducted from the gross salary of IBPS RRB PO like provident fund, national pension scheme, etc. The amount is deducted from the retirement benefits of the probationary officers. Candidates can check the kind of deductions done from IBPS RRB PO Salary 2023.
| IBPS RRB PO Salary 2023: Deductions | |
| Deductions | Amount |
| PT | – |
| PF | – |
| NPS | 4787 |
| Total Deductions | 4787 |
IBPS RRB PO Salary 2023 Net Income
In the table given below, we have provided the take-home salary of IBPS RRB PO.
| Particulars | Amount |
| Total Earnings | 58,239.75 |
| Total Deductions | 4787 |
| Net Salary | 53,253 |
IBPS RRB PO Salary 2023 Perks & Allowances
The regional rural banks offer various kinds of perks and allowances to the probationary officer along with the basic pay. The complete list of perks and allowances is given below in the tabulated form
| IBPS RRB PO Salary 2023: Perks & 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 payFor Urban Areas: 10% of the basic pay |
| Special Allowances | 7.75% of the basic pay. |
Apart from the allowances given above, there are also the following perks that are given to RRB PO.
- City Compensatory allowance
- Travel Allowances: Banks fully compensate their employees for the amount spent on traveling for the purpose of official work or they reimburse the petrol/Diesel expenses
- Leased Accommodation: Banks mostly provide their employees either a bank quarter to stay in or give an option to lease a house for which the bank is accountable for providing the rent.
- Pension scheme
- Medical Reimbursement
- Newspaper Allowance
- Overtime Allowance
IBPS RRB PO Job Profile
Along with IBPS RRB PO Salary 2023, we have also covered the job profile of RRB PO. When a candidate is appointed for the post of IBPS RRB PO he/she undergoes training or is under probation of 2 years. During the probationary period, the candidate receives a fixed amount that is usually less than the normal pay scale. The kind of work which a RRB PO requires to do generally is given 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.
Apart from the tasks mentioned here, one also has to take care of in-house staff and managing of the clerical staff. Running and operations of banks also rely on the Probationary Officer.
IBPS RRB PO Career Growth
Given below is the promotional hierarchy for IBPS RRB PO.
- IBPS RRB PO
- Assistant Manager
- Deputy Manager
- Branch Manager
- Senior Branch Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
IBPS RRB Clerk Salary 2023: Salary Structure
The basic pay of an IBPS RRB Clerk is 19900. In the given table we have provided the IBPS RRB Clerk Salary structure and all the allowances provided by RRB to its employee.
| IBPS RRB Clerk Salary Structure 2023 | |
| Earnings | Amount |
| Basic Pay | 19900 |
| SPL Allow | 3263.60 |
| DA Amount | 8049.17 |
| HRA Amount | 2167.88 |
| CCA Amount | 0.00 |
| HFA/BBA | 0.00 |
| NPS | 2812.00 |
| CASH | 1250.00 |
| Gross Pay | 37442.65 |
IBPS RRB Clerk Salary 2023: Deductions
Candidates can check all the IBPS RRB Clerk deductions in the given table below.
| IBPS RRB Clerk Salary Deduction 2023 | |
| 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 Salary 2023: Perks & Allowances
IBPS RRB Assistant receives various Perks & Allowances, aspirants can check all the perks and allowances which provide to IBPS RRB Office Assistant (Clerk).
- 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 Salary 2023: Job Profile
Candidates can check IBPS RRB Office Assistant (Multipurpose) Job Profile below.
- The office assistant takes care of all the clerical work in the office.
- Clerks are responsible for assisting the higher-level officer in the office work as well.
- Assists higher officials in their day-to-day work.
- Receives and Acknowledges Cash, Drafts, Cheques, Pay Orders, and Other instruments, Maintains office records and files.
- Account Opening, Closing related work.
- Customer support, Operates Cash Deposit, Withdrawal windows, etc.
- They often work as single window operators in the banks and carry out transactions and documents related work.
IBPS RRB Clerk Salary 2023: Career Growth
There are many opportunities for the IBPS RRB Clerk to get promoted to higher managerial posts based on performance, experience, merit, etc. Candidates can check the complete career growth of the IBPS RRB Clerk below.
- 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)
FAQs: IBPS RRB Salary 2023
Q. What is the In-Hand Salary of IBPS RRB Clerk 2023?
Ans: The In-Hand salary of an IBPS RRB Office Assistant ranges between Rs. 19900
Q. What is the salary of IBPS RRB PO?
Ans. The in-hand IBPS RRB PO Salary is Rs. 53,253
