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IBPS RRB PO Salary 2024
IBPS RRB PO salary is one of the major reasons why a large number of candidates apply for the post of Probationary Officer (PO) in Regional Rural Banks (RRBs). Regional Rural Banks offer very attractive salary packages to IBPS RRB POs. Generally, candidates preparing for IBPS RRB PO exam are curious to know the in-hand salary of the newly selected Probationary Officer. Therefore today in this article we ibps rrb po salary 2024 (IBPS RRB PO Salary 2024) Are going to provide complete information.
IBPS RRB PO Salary
IBPS RRB PO salary details are given in the official notification released for IBPS RRB PO. As per the available information, the basic pay for IBPS RRB PO is Rs 36000. After adding allowances and benefits, the salary of probationary officers in Regional Rural Banks becomes more attractive. You can see complete information about IBPS RRB PO Salary 2024 in the article below.
IBPS RRB PO Salary 2024 Salary Structure
Candidates selected as IBPS RRB PO 36,000 Initial basic pay of Rs.basic pay Get. In the table below, we basic salary (basic pay) Other benefits including allowances are covered which are added to IBPS RRB PO Salary 2024.
| IBPS RRB PO Salary 2024: Salary Structure | |
| Earnings | Amount |
| Basic Salary | 36,000 |
| SPL Allowance | 5,904 |
| DA | 13815.75 |
| HRA | 2520 |
| cca | , |
| HFA/BFA | , |
| Total Earnings | 58,239.75 |
IBPS RRB PO Salary 2024: Deductions
Some amounts like provident fund, national pension scheme, etc. are deducted from the gross salary of IBPS RRB PO. This amount is deducted from the retirement benefits of the probationary officer. Candidates can check the deduction made from IBPS RRB PO Salary 2024.
| IBPS RRB PO Salary 2024: Deductions | |
| Deductions | Amount |
| PT | , |
| PF | , |
| NPS | 4787 |
| Total Deductions | 4787 |
IBPS RRB PO Salary 2024 Net Income
In the table below, we have provided the take-home salary of IBPS RRB PO.
| IBPS RRB PO Salary 2024: Net Income | |
| Particulars | Amount |
| Total Earnings | 58,239.75 |
| Total Deductions | 4787 |
| Net Salary | 53,253 |
IBPS RRB PO Salary 2024 Perks & Allowances
Regional Rural Banks provide various types of perks and allowances to the Probationary Officer along with the basic salary. The complete list of perks and allowances is given in tabular form below.
| IBPS RRB PO Salary 2024: Perks & Allowances | |
| Dearness Allowance | 46.5% of the basic pay. |
| House Rent Allowance | 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. |
In addition to the allowances given above, There are also following allowances that are given to RRB POs-
- city ​​compensatory allowance
- Traveling Allowance: Banks reimburse their employees in full for the amount spent on travel for the purpose of official work or they reimburse petrol/diesel expenses.
- Leased Accommodation: Banks mostly provide their employees with the option of either providing a bank quarter for accommodation or renting a house for which the bank is liable to provide the rent.
- pension scheme
- medical reimbursement
- newspaper allowance
- overtime allowance
IBPS RRB PO Job Profile
Along with IBPS RRB PO Salary 2024, we have also covered the job profile of RRB PO. When a candidate is appointed to the post of IBPS RRB PO he undergoes training or is subject to probationary period of 2 years. During the probationary period, the candidate receives a fixed amount which is usually less than the normal pay scale. The types of work that RRB POs generally have to do are given below.
- Managing day-to-day banking operations
- Loan Disbursement and Credit Portfolio Rating
- Take care of having single window operations or tailoring
- Focusing agricultural schemes and policies for the rural market
- Preparing audit reports and NPA recovery is also a major task.
Apart from the tasks mentioned here, the management of internal staff and clerical staff also has to be taken care of. The operation and activities of banks also depend on the Probationary Officer.
IBPS RRB PO Career Growth
Given below is the promotional hierarchy for IBPS RRB PO-
- IBPS RRB PO
- Assistant manager
- Deputy Manager
- branch manager
- Senior Branch Manager
- chief Manager
- Assistant General Manager
- Deputy General Manager
- general manager
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