IBPS RRB Clerk Salary 2024: Check In-Hand Pay, Structure, Perks and Allowances

IBPS RRB Clerk Salary 2024:  The Institute of Banking Personnel Selection has updated the IBPS RRB Clerk salary. The monthly pay for the IBPS RRB Clerk post will approximately range between Rs 35,000 to Rs 45,000 per month. Learn more about IBPS RRB Clerk In hand salary, benefits, job profile and more here

Aug 14, 2024, 17:09 IST
IBPS RRB Clerk Salary 2024
IBPS RRB Clerk Salary 2024

IBPS RRB Clerk Salary 2024: The IBPS RRB Clerk post provides a competitive salary package, making it a lucrative career choice for several applicants. Initially, the starting IBPS RRB Clerk salary will be Rs 19,900 per month. Along with the basic pay, selected candidates will also receive various allowances that increase the overall salary package. So, the IBPS RRB Office Assistant in hand salary is expected to range between Rs 35,000 and Rs 45,000 per month. In this article, we have shared complete details of the IBPS RRB Clerk salary including pay scale, allowances, job security and career growth.

Also Check,

IBPS RRB Clerk Exam Analysis 2024
IBPS RRB Eligibility Criteria
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IBPS RRB Clerk Syllabus 2024

IBPS RRB Clerk Salary 2024

The Institute of Banking Personnel Selection conducts a competitive exam for the recruitment of Office Assistants (Multipurpose) posts in Regional Rural Banks (RRBs). The IBPS RRB Clerk plays an important role in the day-to-day activities of regional rural banks and provides service in three areas such as customer service, cash handling, and clerical duties. Here is the overview of the IBPS RRB Clerk salary shared below for the reference of the candidates.

IBPS RRB Clerk Salary Overview

Exam Conducting Body

Institute of Banking Personnel Selection

Post Name

Office Assistants (Multipurpose)

Salary

Rs 19,900 per month

Selection Process

Prelims & Mains

Job Location

Anywhere in India

IBPS RRB Clerk Salary Structure

The IBPS RRB Clerk salary structure consists of basic pay, allowances, gross salary, net salary and deductions. The candidates appointed for the IBPS RRB Clerk post will initially receive a basic salary of Rs 19,900 per month.  Here is the IBPS RRB Office Assistant salary structure shared below.

IBPS RRB Clerk Salary Structure

Parameters

Amount (Rs.)

Basic Pay 

19900

Special Allowances

3263.60

Dearness Allowances

8049.17

House Rent Allowances

2167.88

NPSI

2812.00

Cash

1250.00

Gross Pay

Rs.37000

IBPS RRB Office Assistant Salary

IBPS conducts the online examination for the recruitment of office assistants in participating RRBs. The in hand salary of IBPS RRB office assistant ranges between Rs 35,000 and Rs 45,000; it also includes various perks and allowances such as DA, HRA, etc. The salary of the selected candidates increases as per the promotion and experience, along with the career growth in the banking sector. 

IBPS RRB In Hand Salary

The IBPS RRB Clerk in hand salary is a fixed remuneration received by all the employees every month. The IBPS RRB Office Assistant in hand salary is the sum of basic pay and allowances and then subtracted from taxes, PF, social security contributions and other deductions. So, the IBPS RRB Clerk monthly salary is expected to be Rs 35,000 to Rs 45,000 per month including various allowances and benefits.

IBPS RRB Clerk Salary: Perks & Allowances

In addition to the basic salary, IBPS RRB Clerks will also be eligible to receive various perks and allowances based on the government’s guidelines. Mentioned below are the perks and allowances in the IBPS RRB Clerk salary package.

  • Dearness Allowance (DA)
  • Travel Allowance (TA)
  • House Rent Allowance (HRA)
  • Leased Accommodation
  • Newspaper Allowance
  • Overtime Allowance
  • Medical Reimbursement

IBPS RRB Clerk Salary Deductions

Apart from attractive allowances, there are certain deductions applied to the IBPS RRB Clerk salary. Here is the list of deductions included in the salary package are shared below.

Earnings

Amount

P1

0.00

PF

0.00

NPS EMP

2812.00

NPS

2812.00

Income Tax

0.00

Total

5624.00

Net Pay

32000

IBPS RRB Clerk Job Profile

The IBPS RRB Clerk Job Profile provides a diverse and vibrant work environment, offering a range of duties important for smooth day-to-day bank operations. The roles and responsibilities involved in the IBPS RRB Office Assistant job profile are as follows:.

  • To resolve customer and account holder issues and ensure a smooth banking experience.
  • To handle cash deposits and withdrawals with accuracy and adhere to strict security protocols.
  • To open and close accounts, update passbooks, manage customer queries, and perform other account-related tasks.
  • To file documents, manage ledgers, and provide assistance to senior officers with administrative duties.
  • Maintaining accurate and up-to-date records is crucial for any bank.

IBPS RRB Clerk Promotion and Career Growth

There are enormous career growth opportunities for the candidates appointed as IBPS RRB Clerk. They will get the chance to appear in the promotion based on their work performance, year of experience, and other eligibility requirements. After serving for three years, they will get the opportunity to appear in the internal exams for promotion. Here is the IBPS RRB Clerk promotion hierarchy shared below for reference purposes.

  • 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)
Mohd Salman
Mohd Salman

Senior Executive

Mohd Salman is a content expert with over 6 years of experience in the education sector, who has built the categories for the SSC, Railways, Defence, Police, and State Government Exams. He previously worked with organisation like Testbook and holds a B.Tech in Information Technology. At Jagran Josh, he manages and writes for the education beat, covering all educational news for Govt Jobs notifications, and exams such as UPSC, Banking and Railways. He can be reached at mohd.salman@jagrannewmedia.com
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FAQs

  • What is the salary of the IBPS RRB Clerk per month?
    +
    The initial IBPS RRB Clerk basic salary will be Rs 19,900 per month.
  • What is the IBPS RRB Clerk Job Profile?
    +
    The IBPS RRB Clerk job profile includes resolving customer and account holder issues, handling cash deposits and withdrawals, etc.
  • What is the IBPS RRB Clerk In Hand Salary?
    +
    The IBPS RRB Clerk in hand salary is expected to range between Rs 35,000 and Rs 45,000 per month.

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