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The Institute of Banking Personnel Selection (IBPS) has recently released the notification for Regional Rural Banks (RRB) Clerk positions, sparking interest among job seekers about the salary structure and benefits associated with this role. The IBPS RRB Clerk salary, while varies slightly based on the location, generally offers a competitive remuneration along with various allowances and benefits. The last date to apply online is 30 June 2024. Make sure to complete the registration within the dates to take the first step towards a career with RRBs.
IBPS RRB Clerk Salary 2024
The IBPS RRB Clerk (Office Assistant) In Hand salary is 36000 after adding up base pay, DA, HRA, NPSI, CASH, SPL, and other allowances. Aspirants can view the table below for a thorough breakdown of the IBPS RRB Clerk Salary Structure. In this article, we aim to provide detailed insights into the IBPS RRB Clerk Salary in 2024, providing candidates with the necessary knowledge to make informed decisions.
IBPS RRB Clerk Salary Structure
The basic pay of an IBPS RRB Clerk is 19900. In the given table we have provided the IBPS RRB Clerk 2024 Salary structure and the amount of allowances provided by RRB to its employees.
| IBPS RRB Clerk Salary Structure 2024 | |
| Earnings | Amount |
| Basic Pay | 19900 |
| SPL Allow | 3263.60 |
| DA Amount | 12177.76 |
| HRA Amount | 2167.88 |
| CCA Amount | 0.00 |
| HFA/BBA | 0.00 |
| NPS | 2812.00 |
| Cash | 1250.00 |
| Gross Pay | 41,571.24 |
IBPS RRB Clerk Salary 2024 Deductions
An amount of money is deducted from the gross pay and the net is marked as IBPS RRB Clerk Salary 2024. The list of earnings and the deducted amount have been listed in the below table.
| IBPS RRB Clerk Salary 2024: Deductions | |
| Earnings | Amount |
| PT | 200.00 |
| PF | 0.00 |
| NPS EMP | 2812.00 |
| NPS | 2812.00 |
| Income Tax | 0.00 |
| Total | 5824.00 |
| Net Pay | 35,747.24 |
IBPS RRB Clerk Salary 2024 Increments
The pay scale of a clerk in Regional Rural Bank is Rs.19900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. IBPS RRB Clerk Salary is subject to increment every year. IBPS RRB Clerk Salary 2024 increments based on the tenure of service have been discussed below.
| IBPS RRB Clerk Salary Increments | |
|---|---|
| Basic Pay | Amount |
| Initial Basic Pay | Rs 19,900 with a yearly increment of Rs 1000 |
| After 3 years | Rs 20,900 with a yearly increment of Rs 1230 |
| After the next 3 years | Rs 24,590 with a yearly increment of Rs 1490 |
| After the next 4 years | Rs 30,550 with a yearly increment of Rs 1730 |
| After the next 7 years | Rs 42,600 with a yearly increment of Rs 3270 |
| After the next 1 year | Rs 45,930 with a yearly increment of Rs 1990 |
| Basic Pay after next year | Rs 47,920 (Maximum Basic Pay) |
IBPS RRB Clerk Salary: Perks & Benefits
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: Job Profile & Promotion
Candidates can check the 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 officers 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 document-related work.
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)
IBPS RRB Clerk Salary: Know The Annual Package
The annual package of IBPS RRB Clerk varies as it depends on several factors such as the location of the posting, specific regional rural bank, and the additional allowances or benefits provided. As the net monthly salary of an IBPS RRB Clerk is approximately Rs.31818.65 after the deductions, the annual package will range from 3.75 lakhs to Rs. 4 lakhs. The IBPS RRB Clerk Salary Annual Package will be increased at regular intervals as employees will get ample opportunities for promotion and boost their career growth.
What is IBPS RRB Clerk Salary During Training Period?
The initial basic pay for an IBPS RRB Clerk is the same as that notified during and after the training period. While the basic pay remains the same, a clerk’s in-hand salary during the training period is somewhat lower compared to the post-training phase. This difference arises because various perks, allowances, and additional benefits that significantly boost the salary package are typically included only after the training period is completed. Once the training period concludes, clerks are entitled to a range of allowances and benefits, which can vary from one bank to another.
| Related Posts | |
| IBPS RRB Clerk Syllabus | How Can I Score Good Marks in IBPS RRB Clerk? |
| IBPS RRB Clerk Cut Off | IBPS RRB Clerk Previous Year Paper |
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