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IBPS RRB Clerk Salary 2024
Every year, the Institute of Banking Personnel Selection (IBPS) conducts the IBPS RRB Office Assistant Exam for Regional Rural Banks in India. Many of the candidates aspiring for banking jobs are curious about the salary and job profile details of the post they are applying for. IBPS RRB Clerk’s starting basic salary is Rs. 19,900/- and will differ from time to time according to the bank policy. The monthly IBPS RRB Clerk in-hand salary is Rs. 30,000/- to Rs. 40,000/-.
Read further to know about IBPS RRB Clerk Salary Job Profile & Pay Scale in detail.
IBPS RRB Clerk Salary Structure
The candidates selected for the post of IBPS RRB Clerk 2024 will get an initial basic pay of Rs. 19900/- after joining the post. After combining the basic pay, DA, HRA, NPSI, CASH, SPL, and other allowances the gross salary will be approx. Rs 37442. Check the detailed IBPS RRB Clerk Salary Structure from the table below.
| Earnings | Amount (In Rs.) |
| Basic Pay | 19900 |
| SPL Allow | 3263.6 |
| DA Amount | 12177.76 |
| HRA Amount | 2167.88 |
| CCA Amount | 0 |
| HFA/BBA | 0 |
| NPS | 2812 |
| Cash | 1250 |
| Gross Pay | 41,571.24 |
IBPS RRB Clerk 2024 Allowances
Along with a handsome amount of salary, the IBPS RRB Clerks are entitled to several other privileges including Dearness Allowance (DA), Travelling Allowance (TA), and House Rent Allowance (HRA). Check the below Points to understand the TA/DA/HRA given to the IBPS RRB Clerk.
- Travelling Allowance (TA)- Rs. 425
- Dearness Allowance (DA)- Rs. 7073
- House Rent Allowance (HRA)- Rs. 980
- 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 2024 Deductions
Along with the allowances, there are some deductions as well in the IBPS RRB Clerk Salary. These deductions generally include PF, Income Tax, Professional tax, etc. Check the table below for more details.
| 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 2024 Increments
The pay scale for a clerk in a Regional Rural Bank starts at Rs. 19,900 and progresses as follows- Rs. 19,900-1000/1-20,900-1230/3-24,590-1490/4-30,550-1730/7-42,600-3270/1-45,930-1990/1-47,920. The IBPS RRB Clerk’s Salary is subject to annual increments. The increments for the IBPS RRB Clerk Salary in 2024 based on the tenure of service are shared below.
| 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 2024 Promotions/ Career Growth
The eligible candidates are initially promoted to the higher post based on their performance in the banking organization. An IBPS RRB Clerk is promoted to the post of Clerk through internal exams after working for 3 years. Apart from that, one can also appear for Associate Exams like JAIIB and CAIIB certification provides a huge opportunity to excel over others. IBPS RRB Clerk 2024 has a wide growth and promotion. Candidates must check all the promotions which they will get in IBPS.
- 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 2024 Job Profile
Candidates can check the IBPS RRB Clerk Job Profile below.
- Managing Inquiry Counters – Providing information to account holders about facilities available at the bank and solving their doubts.
- Managing Withdrawal – Paying out cash of withdrawal forms, cheques, demand drafts, etc.
- Managing Receipts – Receiving different monetary instruments like cash, cheques, pay orders, demand drafts, etc, and providing their acknowledgement.
- Managing Emails and Delivery – Handling emails on behalf of the bank, and managing the delivery of the chequebooks as per the given address.
- Clerks are responsible for assisting the higher-level officers in the office work as well.
IBPS RRB Clerk 2024 Salary Slip
Candidates can check the IBPS RRB Clerk Salary Slip shared below to get an idea of the salary distribution. The salary slip contains each component of the salary offered to the candidates. Check the IBPS RRB Clerk Salary Slip below.
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