IBPS RRB Office Assistant Salary 2024, Check In hand Salary

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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.

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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.

ParametersAmount (Rs.)
Basic Pay19900
SPL Allow3263.6
DA Amount8049.17
HRA Amount2167.88
CCA Amount0
HFA/BBA0
NPSI2812
Cash1250
Gross PayRs. 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.

IBPS RRB In-hand Salary for all posts

The following table shows the In-hand Salary for all the IBPS RRB posts.

IBPS RRB PostsIn-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 3Rs. 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:

EarningsAmount
P10.00
PF0.00
NPS EMP2812.00
NPS2812.00
Income Tax0.00
Total5624.00
Net Pay31,818.65

IBPS RRB Office Assistant Salary – Increments

Here is the information presented in a table format:

Basic PayAmount
Initial Basic PayRs 19,900 with a yearly increment of Rs 1000
After 3 yearsRs 20,900 with a yearly increment of Rs 1230
After the next 3 yearsRs 24,590 with a yearly increment of Rs 1490
After the next 4 yearsRs 30,550 with a yearly increment of Rs 1730
After the next 7 yearsRs 42,600 with a yearly increment of Rs 3270
After the next 1 yearRs 45,930 with a yearly increment of Rs 1990
Basic Pay after next yearRs 47,920 (Maximum Basic Pay)

IBPS RRB Clerk Job Profile 2024

The nature of duties that an office assistant performs are mentioned below:

TaskDescription
Maintenance of ledger and collection of bank receiptsClerks maintain ledgers and collect bank receipts from various transactions.
Updating account holders’ passbooks at countersClerks update passbooks for account holders at the bank counters.
Printing receipts for cheques and demand draftsClerks print receipts for cheque deposits and demand draft requests.
Holding bank keys and safe keys for protectionClerks are responsible for holding and safeguarding the bank’s keys and safe keys.
Assisting customers at query windows with informationClerks assist customers with their queries and provide necessary information.
Handling cash deposits and withdrawalsClerks manage the process of cash deposits and withdrawals for customers.
Verifying documents and proofs submitted by customersClerks verify the authenticity of documents and proofs submitted by customers.
Responsible for bank cash, important documents, and keysClerks ensure the security of bank cash, important documents, and keys.
Authorizing withdrawals by customersClerks authorize customer withdrawals as per bank policies.
Maintaining bank documents, balance sheets, and ledgersClerks maintain essential bank documents, balance sheets, and ledgers.
Resolving customer issues and addressing queriesClerks resolve customer issues and answer their queries.
Issuing Demand Drafts, bank accounts, and cash receiptsClerks issue demand drafts, open bank accounts, and provide cash receipts.
Providing information on latest schemes and government policiesClerks inform customers about new schemes and government policies.
Guiding customers on various banking activitiesClerks guide customers on how to use different banking services.
Attending to treasury worksClerks perform various tasks related to treasury work.
Miscellaneous tasks as requiredClerks handle any additional tasks as required by the bank.

Also Check,

IBPS RRB Notification 2024Click here to Check
IBPS RRB Clerk Notification 2024Click here to Check
IBPS RRB Clerk Eligibility CriteriaClick here to Check
IBPS RRB Clerk Selection Process 2024Click here to Check
IBPS RRB Clerk Syllabus 2024Click 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 Allowances7.75% of the basic pay.
Travel AllowancesRs. 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.

ParticularsAmount (Approx.)
SBI Clerk Salary 2024 Basic PayRs.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 AllowanceRs.3,263
Gross SBI Clerk Salary 2024Rs.32,000 (Approximate)
DeductionsRs.2,800
Net SBI Clerk Salary in hand 2024Rs.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 –

  1. Office Assistants
  2. Officer Scale 1 PO
  3. Assistant Manager
  4. Deputy Manager
  5. Branch Manager
  6. Senior Branch Manager
  7. Chief Manager
  8. Assistant General Manager
  9. Deputy General Manager
  10. General Manager
Promotion ProcessDescription
Normal/Seniority-basedCandidates qualify internal exams based on seniority and experience
Merit/Fast-track-basedRequires 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 ComponentAmount
Basic SBI Clerk Salary After 5 YearsRs 26,080
Gross SBI Clerk Salary After 5 YearsRs 41,930
In-hand SBI Clerk Salary After 5 YearsRs 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 ComponentAmount
Basic SBI Clerk Salary After 10 YearsRs 34,010
Gross SBI Clerk Salary After 10 YearsRs 54,690
In-hand SBI Clerk Salary After 10 YearsRs 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 ComponentAmount
Basic SBI Clerk Salary After 20 YearsRs 47,920
Gross SBI Clerk Salary After 20 YearsRs 77,060
In-hand SBI Clerk Salary After 20 YearsRs 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 DetailsDescription
Probation PeriodWhen joining as a Junior Associate, the SBI Clerk probation period 2024 lasts for 6 months.
Training CurriculumDuring this training period, newly selected candidates must complete e-lessons provided by the bank.
Possibility of ExtensionIf candidates fail to complete the e-lessons, the SBI Clerk probation period in 2024 may be extended.
Performance AssessmentThe 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 Salary 2024 – FAQs

Q1. What is the IBPS RRB Office Assistant Salary?

A1. The starting IBPS RRB Office Assistant Salary is around Rs. 19,000 to Rs. 22,000

Q2. What are the allowances that are included in the IBPS RRB Clerk Salary? 

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).

Q3. What is the in-hand salary of an IBPS RRB Clerk?

A3. The monthly in-hand salary of the IBPS RRB Clerk is Rs. 30,000/- to Rs. 40,000/-.

Q4. What are the benefits that are available to an IBPS RRB Clerk? 

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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