Bank Exam » IBPS RRB Salary

IBPS RRB Salary

IBPS stands for the Institute of Banking Personnel Selection, which conducts an exam every year for the recruitment of Regional Rural Banks in India.

Table of Contents

  1. IBPS RRB Salary
  2. IBPS RRB Salary Structure
  3. IBPS RRB Salary Perks and Benefits
  4. IBPS RRB Job Profile
  5. What is IBPS RRB Exam
  6. FAQs

IBPS RRB Salary

IBPS stands for the Institute of Banking Personnel Selection, which conducts an exam every year for the recruitment of Regional Rural Banks in India. For those who are looking forward to the IBPS RRB job, this article will help you to understand the basic pay scale and salary of the IBPS RRB.

The IBPS RPB is categorised in the following posts:

  1. Group A- Officer Scale: I, II, and III.
  2. Group B- Office Assistant

IBPS RRB Salary Structure

  1. The salary of an IBPS RRB Clerk or Assistant varies from INR 20,000- 25,000/-
  2. The Salary of an IBPS RRB officer on Scale-I varies from INR 29,000 – 33,000/-
  3. The Salary of an IBPS RRB officer on Scale-II varies from INR 33,000 – 39,000/-
  4. The Salary of an IBPS RRB officer on Scale-III varies from INR 38,000 – 44,000/- 

The following mentioned table will make it easy to understand for the candidates. 

IBOS RRB Posts 

In-Hand Salary

Clerk/Assistant 

INR 20,000 – 25,000/-

Scale-1

INR 29,000 – 33,000/-

Scale-2

INR 33,000 – 39,000/-

Scale-3

INR 38,000 – 44,000/- 

IBPS RRB Salary Perks and Benefits

The candidates selected for DIBPS RRB shall be entitled to the below-mentioned perks and benefits, but only after completing their training period. 

  1. Dearness Allowance: 46.5% of the basic pay scale.
  2. House Rent Allowance: for rural areas 5% of the basic pay scale, for Semi-urban areas 7.5% of the basic pay scale, for Urban areas 10% of the basic pay scale.
  3. Special Allowance: 7.75% of the basic pay. 

Other significant allowances enjoyed by the DIBS RRB candidates are as follows:

  1. Travel Allowance is given to the candidate.
  2. Medical Allowance is given to the candidate.
  3. Overtime Allowance is given to the candidate.
  4. Newspaper Allowance is given to the candidate.
  5. Leased Allowance is given to the candidate.
  6. Pension Schemes are given to the candidate.

IBPS RRB Job Profile

The below-mentioned table signifies the job profile of IBPS RRB candidates.

IBPS RRB Posts

Job Profile

Clerk 

A candidate selected as a clerk in IBPS RRB shall undergo 6 months training period. 

Upon the completion of his training period, he shall be responsible for the following tasks:

  1. To receive cash, cheques pay orders drafts and other important instruments & documents and acknowledge the same.
  2. He shall be responsible for handling the passing and paying out the cash payment of withdrawal forms and cheques. 
  3. He shall be responsible for acknowledging the incoming calls, and emails, preparing the emails and delivering the same.

Scale I officer

A candidate selected as a Scale I officer in IBPS RRB shall undergo 2 years training period, which shall be known as the probation time period. 

Upon the completion of his probation period, the officer shall be responsible for the following tasks:

  1. To manage day-to-day banking operations.
  2. To manage the responsibility of disbarment of loan and credit portfolio system.
  3. To take care of every single operation carried out by his team under his guidance.
  4. To make sure that his take also includes the agricultural scheme and the policies for the rural market. 
  5. One of the most important tasks is to prepare the audit reports.

Apart from the job profile of IBPS RRB candidates, it is pertinent to mention that there is a simple and easy promotion criterion for the candidates of IBPS RRB. However, it can’t be refused that this criterion is not the same for every bank. The Scale I officer can enjoy the following mentioned promotions in a respective manner:

  1. IBPS RRB officer Scale I (PO)
  2. Assistant Manager
  3. Deputy Manager
  4. Branch Manager
  5. Senior Branch Manager
  6. Chief Manager
  7. Assistant General Manager 
  8. Deputy General Manager
  9. General Manager 

What is IBPS RRB Exam

The IBPS RRB Exam is conducted and administered by the Institute of Banking Personnel Selection to select candidates for office assistant and managerial positions at many Regional Rural Banks (RRB) in India. Recently, the IBPS released the notification to conduct the Common Recruitment Process for RRBs for the purpose of recruitment of Group-A officers and Group – B officer assistants. As per the notification, the IBPS has revealed that the exam may be conducted from the months of August – October 2022. The IBPS RRB exam is conducted and consists of three phases:
  1. Prelims Exam 
  2. Main Exam 
  3. Interview 
The following table describes the pattern of the IBPS RRB exam. 
Exam Type  Sections in the exam  Total no. of questions  Marks
Preliminary Exam  Quantitative Aptitude  40 40
Reasoning Ability  40 40
Mains Exam  Reasoning Ability 40 50
Quantitative Aptitude 40 50
Language – Hindi/English  40 40
Computer knowledge  40 20
faq

Frequently Asked Questions

List down the benefits provided to an IBPS RRB?

Ans.  The benefits provided to an IBPS RRB are, the house rent allowance, medical allowance, newspaper allowance, p...Read full

What is the Application Fee for the IBPS RRB?

Ans. The application fee for the general category is Rs 850/- and for the candidates of SC/ST/PWBD categories the ap...Read full

What is the full form of IBPS RRB?

Ans. The IBPS RRB stands for the “Institute of Banking Personnel Selection for Regional Rural Banks in India.”...Read full