IBPS RRB Clerk Salary 2024
IBPS RRB Clerk Salary 2024: The candidates appointed for the IBPS RRB Clerk post will initially receive a basic salary of Rs 19,900 per month. IBPS RRB Office Assistant Salary structure includes incremental increases as follows such as Rs 19,900-1000/1-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. After deductions, the IBPS RRB Clerk Salary 2024 in hand is approximately Rs. 31,818.65 per month. Consequently, the annual package for an IBPS RRB Office Assistant Salary ranges between Rs 3.75 lakhs and Rs 4 lakhs.
IBPS RRB Office Assistant Salary
Institute of Banking Personnel Selection (IBPS) has released the IBPS RRB Office Assistant notification for the recruitment of clerks in 11 participating banks. The Institute of Banking Personnel Selection (IBPS) conducts the IBPS RRB Exam to hire candidates for various posts in Regional Rural Banks across India, including IBPS RRB PO (Officer Scale I), IBPS RRB Scale II & III, and IBPS RRB Clerk (Office Assistant). Every year, IBPS recruits suitable candidates for the post of RRB Clerk. The IBPS RRB Clerk is a secure and prestigious post with many benefits. The IBPS RRB Clerk Salary 2024 in hand is approximately Rs. 37,442.65 per month.
IBPS RRB Clerk Salary Structure 2024
The IBPS RRB Clerk Salary package includes various allowances to enhance the overall compensation. This comprises a Special Allowance of Rs 4,118 per month. Additionally, the House Rent Allowance (HRA) is contingent upon the posting location, ranging from 6.5% to 8.5% of the basic salary. Travel Allowance (TA) covers expenses related to official tours and travels, which the bank reimburses. Furthermore, Medical Allowance (MA) is disbursed once a year, offering a fixed amount to IBPS Clerks. These allowances contribute to the overall financial benefits provided to IBPS RRB Clerks.
Parameters | Amount (Rs.) |
Basic Pay | 19900 |
SPL Allow | 3263.6 |
DA Amount | 8049.17 |
HRA Amount | 2167.88 |
CCA Amount | 0 |
HFA/BBA | 0 |
NPSI | 2812 |
Cash | 1250 |
Gross Pay | Rs. 37442.65 (Approx) |
IBPS RRB Clerk Salary Slip 2024
The salary slip for an IBPS RRB Clerk, specifically for the role of Office Assistant (M) – Head Cashier, provides a detailed overview of the earnings and deductions for April 2024. The basic pay is ₹19,900.00, complemented by a Dearness Allowance (DA) of ₹10,594.58 and a House Rent Allowance (HRA) of ₹2,238.60. Additional earnings include a Special Allowance (SPA) of ₹3,263.60 and other components such as cash and DASPN, bringing the gross amount to ₹40,019.95. The deductions, which total ₹5,107.17, encompass contributions to the NPSD, professional tax (PT), and loan repayments.
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IBPS RRB In-hand Salary for all posts
The following table shows the In-hand Salary for all the IBPS RRB posts.
IBPS RRB Posts | In-hand Salary (Approx.) |
Officer Scale 1 (Probationary Officer or PO) | Rs. 51,000/- to 58,000/- |
Officer Scale 2 (Generalist & Specialist) | Rs. 33,000/- to 39,000/- |
Officer Scale 3 | Rs. 38000/- to 44,000/- |
Office Assistant or Clerk (Multipurpose) | Rs. 30,000/- to 33,000/- |
IBPS RRB Clerk Salary 2024 – Deductions
Deductions from the gross pay are subtracted to determine the net IBPS RRB Office Assistant Salary2024. Below is a table detailing the earnings and deducted amounts:
Earnings | Amount |
P1 | 0.00 |
PF | 0.00 |
NPS EMP | 2812.00 |
NPS | 2812.00 |
Income Tax | 0.00 |
Total | 5624.00 |
Net Pay | 31,818.65 |
IBPS RRB Office Assistant Salary – Increments
Here is the information presented in a table format:
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 Job Profile 2024
The nature of duties that an office assistant performs are mentioned below:
Task | Description |
Maintenance of ledger and collection of bank receipts | Clerks maintain ledgers and collect bank receipts from various transactions. |
Updating account holders’ passbooks at counters | Clerks update passbooks for account holders at the bank counters. |
Printing receipts for cheques and demand drafts | Clerks print receipts for cheque deposits and demand draft requests. |
Holding bank keys and safe keys for protection | Clerks are responsible for holding and safeguarding the bank’s keys and safe keys. |
Assisting customers at query windows with information | Clerks assist customers with their queries and provide necessary information. |
Handling cash deposits and withdrawals | Clerks manage the process of cash deposits and withdrawals for customers. |
Verifying documents and proofs submitted by customers | Clerks verify the authenticity of documents and proofs submitted by customers. |
Responsible for bank cash, important documents, and keys | Clerks ensure the security of bank cash, important documents, and keys. |
Authorizing withdrawals by customers | Clerks authorize customer withdrawals as per bank policies. |
Maintaining bank documents, balance sheets, and ledgers | Clerks maintain essential bank documents, balance sheets, and ledgers. |
Resolving customer issues and addressing queries | Clerks resolve customer issues and answer their queries. |
Issuing Demand Drafts, bank accounts, and cash receipts | Clerks issue demand drafts, open bank accounts, and provide cash receipts. |
Providing information on latest schemes and government policies | Clerks inform customers about new schemes and government policies. |
Guiding customers on various banking activities | Clerks guide customers on how to use different banking services. |
Attending to treasury works | Clerks perform various tasks related to treasury work. |
Miscellaneous tasks as required | Clerks handle any additional tasks as required by the bank. |
Also Check,
IBPS RRB Notification 2024 | Click here to Check |
IBPS RRB Clerk Notification 2024 | Click here to Check |
IBPS RRB Clerk Eligibility Criteria | Click here to Check |
IBPS RRB Clerk Selection Process 2024 | Click here to Check |
IBPS RRB Clerk Syllabus 2024 | Click here to Check |
IBPS RRB Admit Card 2024 | Click here to Check |
IBPS RRB PO Prelims Admit Card 2024 | Click here to Check |
IBPS RRB Clerk Prelims Admit Card 2024 | Click here to Check |
IBPS RRB Clerk Perks and Allowances
Selected candidates are entitled to the following perks and allowances.
Dearness Allowance (DA) | 46.5% of the basic pay. |
House Rent Allowance (HRA) | For Rural Areas: 5% of the basic pay For Semi-urban Areas: 7.5% of the basic pay For Urban Areas: 10% of the basic pay |
Special Allowances | 7.75% of the basic pay. |
Travel Allowances | Rs. 425 |
Given below are some of the perks of IBPS RRB Office Assistant Salary.
- Leased Accommodation
- Medical Reimbursement
- Pension Schemes
- Overtime Allowance
- Newspaper Allowance
SBI Clerk Salary Slip 2024
Let’s break down the SBI Clerk salary slip 2024 for easier understanding. It outlines various components, with a focus on the SBI Clerk Salary 2024 basic pay and allowances. Adding up the basic pay with perks and allowances gives you the gross salary. Then, deducting necessary amounts leaves you with the net pay, which represents the IBPS RRB Office Assistant Salary slip 2024 in hand. This breakdown helps make sense of the slip’s contents.
Particulars | Amount (Approx.) |
SBI Clerk Salary 2024 Basic Pay | Rs.19,900/- (Rs.17,900/- plus two advance increments admissible to graduates) |
Dearness Allowance (DA) | Rs.6,352 (26%) |
Transport Allowance (TA) | Rs.600 |
House Rent Allowance (HRA) | Rs.2,091 |
Special Allowance | Rs.3,263 |
Gross SBI Clerk Salary 2024 | Rs.32,000 (Approximate) |
Deductions | Rs.2,800 |
Net SBI Clerk Salary in hand 2024 | Rs.29,200 (Approximate) |
IBPS RRB Clerk/Office Assistant Career Growth
Office Assistants get opportunities to reach higher managerial posts in their careers, based on merit and experience. The eligible candidates are promoted on the basis of their performance. They are promoted to the post of Probationary Officer/Assistant Manager through internal exams after working for 3 years. Candidates can also appear for Associate Exams like JAIIB and CAIIB certification that provides a better opportunity to excel. Here is the promotional hierarchy of the IBPS RRB Office Assistants –
- Office Assistants
- Officer Scale 1 PO
- Assistant Manager
- Deputy Manager
- Branch Manager
- Senior Branch Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
Promotion Process | Description |
Normal/Seniority-based | Candidates qualify internal exams based on seniority and experience |
Merit/Fast-track-based | Requires JAIIB and CAIIB diplomas from IIBF for accelerated promotion |
IBPS RRB Clerk Salary after 5 Years
Candidates often wonder how much an SBI clerk earns after a few years. Starting at a basic pay of Rs 19,900, the SBI Clerk Salary 2024 increases with regular increments. After 5 years, the salary grows significantly. As the basic pay rises, allowances also go up. This means the in-hand salary after 5 years will be much higher.
Salary Component | Amount |
Basic SBI Clerk Salary After 5 Years | Rs 26,080 |
Gross SBI Clerk Salary After 5 Years | Rs 41,930 |
In-hand SBI Clerk Salary After 5 Years | Rs 38,260 |
SBI Clerk Salary After 10 Years
Based on the pay scale, we can estimate the basic IBPS RRB Office Assistant Salary and allowances. Allowances might go up over time, but using current rates, we have calculated an approximate in-hand salary for SBI clerks after 10 years.
Salary Component | Amount |
Basic SBI Clerk Salary After 10 Years | Rs 34,010 |
Gross SBI Clerk Salary After 10 Years | Rs 54,690 |
In-hand SBI Clerk Salary After 10 Years | Rs 49,900 |
SBI Clerk Salary After 20 Years
After 20 years, an SBI clerk earns a substantial IBPS RRB Office Assistant Salary. The IBPS RRB Office Assistant Salary structure ensures regular increases in the basic pay, resulting in a significant boost in the basic SBI clerk salary after 20 years. Additionally, each allowance increases proportionally with the raised basic salary. Consequently, the in-hand SBI clerk salary after 20 years reaches a high figure.
Salary Component | Amount |
Basic SBI Clerk Salary After 20 Years | Rs 47,920 |
Gross SBI Clerk Salary After 20 Years | Rs 77,060 |
In-hand SBI Clerk Salary After 20 Years | Rs 70,320 |
SBI Clerk Training Period 2024
Many SBI aspirants wonder if there is a training period for SBI Clerks. Here, we outline the details of the SBI clerk training period 2024. Aspirants are eager to learn about the duration and activities involved in the training sessions.
Training Details | Description |
Probation Period | When joining as a Junior Associate, the SBI Clerk probation period 2024 lasts for 6 months. |
Training Curriculum | During this training period, newly selected candidates must complete e-lessons provided by the bank. |
Possibility of Extension | If candidates fail to complete the e-lessons, the SBI Clerk probation period in 2024 may be extended. |
Performance Assessment | The bank periodically evaluates the performance of candidates during the SBI clerk training period in 2024. |
IBPS Clerk 2024 – Participating Banks
Candidates who are selected for IBPS Clerk 2024 will be placed in one of the following banks:
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Canara Bank
- Central Bank of India
- Indian Bank
- Indian Overseas Bank
- Punjab National Bank
- Punjab & Sind Bank
- UCO Bank
- Union Bank of India
- IBPS RRB Clerk Admit Card 2024, Download Prelims Call Letter
- IBPS RRB Clerk Syllabus 2024, Check Latest Exam Pattern
- IBPS RRB Clerk Notification 2024 Out for 5800 Post, Apply Online
- IBPS RRB Office Assistant Salary 2024, Check In hand Salary
- IBPS RRB Clerk Cut Off 2024, Check Previous Year Cut Off
- IBPS RRB Apply Online 2024, Application Form Last Date Extended
IBPS RRB Clerk Salary 2024 – FAQs
A1. The starting IBPS RRB Office Assistant Salary is around Rs. 19,000 to Rs. 22,000
A2. The allowances that are included in the IBPS RRB Clerk Salary are House Rent Allowance (HRA), Dearness Allowance (DA), Transport Allowance (TA), and City Compensatory Allowance (CCA).
A3. The monthly in-hand salary of the IBPS RRB Clerk is Rs. 30,000/- to Rs. 40,000/-.
A4. The benefits that are available to an IBPS RRB Clerk are medical insurance, provident fund, gratuity, and leave travel concession.
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I write content to help people prepare for banking exams because I have experience as an aspirant myself. My goal is to provide accurate and easy-to-understand information for candidates. I cover various topics such as exam patterns, syllabus, study techniques, and time management to support those preparing for the exams. As a former aspirant turned content writer, I want to make the information accessible and helpful for others so that they can do well in their banking and government exams and achieve their goals.
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