IBPS RRB 2023: Job Profile, Salary, Allowances, Promotions, Roles & Responsibilities, Career Growth

IBPS RRB Salary 2023: Institute of Banking Personnel Selection (IBPS) has released the notification for the recruitment in Regional Rural Banks (RRBs) for the posts of Group “A”-Officers (Scale-I, II & III) and Group “B”-Office Assistant (Multipurpose). IBPS RRB 2023 recruitment drive is an opportunity for the eligible candidates looking for a stable Government job or to join the Regional Rural Banks across India.

Along with the Official Notification, IBPS has declared the tentative exam dates, number of vacancies, exam pattern and syllabus, participating RRBs and exam centers. In this article, we are sharing important details about the IBPS RRB 2023 – Admit Card & Exam Dates, Eligibility Criteria, Age Limit, Qualifications, Selection Process, Application Process, and Vacancies.

Latest Update: IBPS RRB Vacancies Increased

 As per the latest official notification released by IBPS, the total number of vacancies has been increased from 8285 to 8612 across 43 participating rural regional banks in India. Precisely, the number of vacancies have been revised for the post of Office Assistants (Multipurpose), Officer Scale-I, Officer Scale-II (General Banking), and Officer Scale-III. Rest of the posts have been unchanged. More Details Below.

About IBPS RRB Recruitment

The IBPS organises IBPS RRB Exam every year for the recruitment to the post of Group “A”-Officers (Scale-I, II & III) and Group “B”-Office Assistant (Multipurpose) in Regional Rural Banks across India.

IBPS RRB 2023 Calendar

*In case it is possible and safe to hold PET

IBPS RRB 2023 Participating Regional Rural Banks (RRBs)

IBPS RRB 2023: Application Form

IBPS RRB 2023 Vacancies

As per the latest official notification released by IBPS, the total number of vacancies has been increased from  8285 to 8612 across 43 participating rural regional banks in India. Precisely, the number of vacancies have been revised for the post of Office Assistants (Multipurpose), Officer Scale-I, Officer Scale-II (General Banking), and Officer Scale-III. Rest of the posts have been unchanged.

Earlier, the Institute of Banking Personnel Selection (IBPS) had released the notification for the recruitment of 8106 vacancies in Regional Rural Banks (RRBs) for the posts of Group “A”-Officers (Scale-I, II & III) and Group “B”-Office Assistant (Multipurpose).

A candidate can apply for the Post of Office Assistant (Multipurpose) and can also apply for the Post of Officer. However, a candidate can apply for only one post in Officer’s cadre i.e. for Officer Scale-I or Scale-II or Scale-III.

Also Read: IBPS RRB 2023: Exam Dates and Duration

Also Read: IBPS RRB 2023 Application Form

IBPS RRB Job Profile 2023

(i) Managing day-to-day operations such as receipts, payments, cash verification, cheques passing etc in the branch.

(ii) Disbursing loans particularly agricultural loans to allied sectors such as dairy, poultry, fisheries, etc.

(iii) Monitoring the credit portfolio to ensure the agricultural loans extended do not become Non-Performing Assets (NPA).

(iv) Preparing audit reports to avoid frauds and recovery of loans and presenting the reports to higher authorities.

(v) Handle mails, deliveries of chequebooks, withdrawals, receipts, drafts, cheques, pay orders, etc.

IBPS RRB Salary 2023

IBPS RRB Allowances 2023

Dearness Allowance (DA): Dearness Allowance (DA) is given by the Central Government to the public sector bank employees as a 46.5% of the basic pay of IBPS RRB PO or Clerk. The DA is revised after every 3 months.

House Rent Allowance (HRA): The HRA is given to employees to pay off their house rents. The HRA is different for different areas such as metros, big cities or other locations). Have a look at the HRA might be offered to IBPS RRB PO or Clerks:

Rural Areas: 5% of basic pay

Semi-urban Areas: 7.5% of basic pay

Urban Areas:10% of basic pay

Special Allowance (SA): The Special Allowance is 7.75% of the basic pay. The SA was not offered earlier, it came into effect from January 2016.

Other Perks enjoyed by IBPS RRB

Some other perks enjoyed by IBPS RRB Officer Scale 1 and Office Assistants are:

(i) Travel Allowance

(ii) Leased Accommodation

(iii) Newspaper Reimbursement

(iv) Medical Policy

(v) Benefits under New Pension Scheme

IBPS RRB Probation

All candidates selected under the IBPS RRB posts will undergo a probation period of 2 years.

IBPS RRB Promotion & Career Growth

On successful completion of the probation period, the promotional hierarchy of RRB Officer Scale-I is as follows: Officer Scale-I -> Assistant Manager -> Deputy Manager -> Branch Manager -> Senior Branch Manager -> Chief Manager -> Assistant General Manager -> Deputy General Manager -> General Manager.

Also Read: IBPS RRB 2023: Check Latest Exam Pattern