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IBPS RRB PO Salary 2022 Structure - Complete Details

The Institute of Banking Personnel Selection (IBPS), conducts the annual examination for the recruitment of Scale 1, 2 officers, and office assistants. The recruitment notification for both the positions came out in a single notification. This marks an ample number of candidates to appear in the examination. In this article, we will provide you with the IBPS RRB Officer salary (Scale I) 2022. RRB Officer is a position for the regional and rural banks across the country.

IBPS RRB PO 2022 - Overview 

Events Dates 
Notification date06 June 2022
The online Application process begins07 June 2022
Last day to apply, modify and pay the fee27 June 2022
Download of call letters for Pre- Exam Training*09 July 2022
Conduct of Pre-Exam Training*18 July - 27 July 2022
Prelims Admit Card Download DateJuly/ Aug 2022
Prelims PO Exam Date  August 2022
IBPS RRB PO Prelim Results September 2022
IBPS RRB PO Mains Admit Card download (Main / Single)Sept/Oct 2022
IBPS RRB Officer Mains Exam Date  (Main / Single)Sept/Oct 2022
IBPS RRB Officer Scale-I Mains Result October 2022
Download of call letters for interview October/November 2022
IBPS RRB Officer Scale-I Interview Oct/Nov 2022
Provisional Allotment Jan 2023

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IBPS RRB Salary For Different Posts

The In-hand IBPS RRB salary for the different Assistant & Officer Scale posts are as follows:

IBPS RRB PostsIBPS RRB salary (In-hand Salary)
IBPS RRB Office Assistant (Multipurpose)Rs.15000 – Rs.19000
IBPS RRB Officer (Scale I)Rs.29000 – Rs.33000
Officer Scale-IIRs.33000 – Rs.39000
Officer Scale IIIRs.38000 – Rs.44000

Read about IBPS RRB PO Vacancy, IBPS RRB PO Cut off, IBPS RRB PO Exam Pattern, IBPS RRB PO Syllabus

IBPS RRB Officer Scale 1 Salary

IBPS RRB Salary varies depending on the posts. IBPS RRB officers can expect an amount of Rs. 43,000/- to 47,000/- for the PO posts. Below is the detailed description of the salary of the scale 1 IBPS RRB PO.

  • The starting Basic pay for IBPS RRB Officer Scale 1 is 23,700/-
  • The In-hand Salary at present varies from Rs.43,000 – 47,000 at 100% D.A.
  • After the selection of the candidate for the post of Officer Scale-I, he/she will need to undergo training for 2 years under the probationary period. During the probationary period, the candidate will receive a fixed amount that is usually less than the normal pay scale.
  • After completion of the probationary period, the candidates will be promoted to the Assistant Manager post.

IBPS RRB PO Salary | Basic Pay & In-hand Salary

IBPS RRB Officer Scale- I or PO Pay Scale is Rs. 23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42021.

Annual IncrementsIBPS RRB PO In-hand Salary
Starting PayRs. 23700
Rs. 980 for the first 7 yearsRs. 30650
Rs. 1145 for the next 2 yearsRs. 32850
Rs. 1310 for the next 7 yearsRs. 42021

Perks and allowances of IBPS RRB Officer Scale 1 Post

Apart from the basic pay, the officers are entitled to the following allowances and perks:

  1. Dearness Allowance
  2. Special Allowance
  3. House Rent Allowance / Leased Accommodation
  4. Conveyance Allowance
  5. Furniture Allowance
  6. Household Cleaning Expenses
  7. Leave Encashment
  8. Leave Travel Concession
  9. Medical Reimbursement
  10. National Pension Scheme
  11. Newspaper Allowance
  12. Travelling Allowance

IBPS RRB PO Allowances in percentage form is as follows:

Dearness Allowance75.9% of the basic pay.
House Rent AllowanceFor 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.
Other Allowances (Depends on Bank to the bank)Travel Allowance
Newspaper Allowance (200 per month In case of PO)
Medical Reimbursement (8000 per year in case of Scale-1 and 2200 in case of office Assistant)
entertainment (400 Rs for 3 months and 1200 for a year in case of PO)
Leased Accommodation
Other Miscellaneous

Additional Benefits

The benefits of the IBPS PO RRB Officer Scale-I (PO) post are numerous. Stress and work pressure are relatively less in comparison to commercial banks. Employees have a good work-life balance. The cost of living is low since employees get posted in rural areas. Employees are eligible for 100% D.A. Employees can be deputed to other departments in Govt. the sector under exchange programs.

IBPS RRB PO Job Profile 2021

Below we have discussed the complete on desk job profile that is carried out after a candidate is selected for the job at any of the RRB's.

  • Management of day-to-day banking operations.
  • Loan disbursement & credit portfolio rating.
  • Often needs to take care of single window operations or being a teller.
  • Focus on the agricultural schemes and policies for the rural market.
  • Preparations of the audit report and NPA recovery also forms a major job task.

Apart from the tasks mentioned here, one also has to take care of in-house staff and managing of the clerical staff. Running and operations of banks also rely on the Probationary Officer.

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Read about IBPS RRB PO Vacancy, IBPS RRB PO Cut off, IBPS RRB PO Exam Pattern, IBPS RRB PO Syllabus

IBPS RRB Scale 1 Officer Career Growth

The career hierarchy of a Probationary Officer is as follows:

General Manager
DGM
Assistant General Manager
Chief Manager
Senior Branch Manager
Branch Manager
Deputy Manager
Assistant Manager
Officer Scale I (PO) – Entry

The career growth is dependent on multiple factors such as:

  • Efficiency in the completion of tasks.
  • Responsibility of the action taken
  • Management of Assets (including the manpower)
  • Subject Knowledge and Immense experience in the background.

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FAQs

How many questions are there in IBPS RRB PO?

The questions asked in the IBPS RRB Mains exam will be of Graduation level. The Prelims paper will have 80 questions, while the Mains paper will have 200 questions.

Does IBPS RRB have interview? +

There is no interview round for Office Assistant posts but an interview will be part of the selection process for the post of Officers Scale I, II and Scale III.

What is the duration of the IBPS RRB Exam 2022? +

The time duration of the IBPS RRB exam for prelims is 45 minutes and in the mains, students will be given 2 hours for the completion of the examination.

What are the steps in recruitment of IBPS RRB PO? +

The recruitment procedure for the IBPS RRB Probationary Officers (Assistant Managers) posts involves three stages that are Prelims, Mains, and Interview round.

What is the age limit for IBPS RRB PO? +

Minimum: 18 years and Maximum: 30 years

How many vacancies has been released for IBPS RRB PO Exam in 2022? +

A total of 2676 vacancies has been released for IBPS RRB PO Exam in 2022.

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