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IBPS RRB PO Salary 2021: Check In-hand salary, payscale, allowances, and benefits

Safalta Expert Published by: Deepesh Mehra Updated Sat, 26 Jun 2021 05:33 PM IST

Highlights

Get details about IBPS RRB PO Salary 2021 at Safalta.com. Know the complete salary of IBPS RRB PO, allowances, benefits, and perks offered to the selected candidates.
Source: Safalta

The handsome IBPS RRB PO Salary is one of the main reasons the candidates are enthusiastic about the exam. IBPS has released the notification for the recruitment of Office Assistant (Clerk) and Officers Scale-I, II & III in different in Regional Rural Banks (RRBs). A total of 11,687 vacancies were announced on June 7, which IBPS has increased to 12,958.

Candidates can apply for IBPS Office Assistant (Clerk) and Officers Scale-I, II & III online from 8 June 2021 to 28 June 2021. As per the official notification, the written examination for IBPS RRB PO will be conducted in the month of August 2021, followed by an online mains examination in September/October 2021.

Candidates who are preparing for IBPS RRB PO Exam 2021 should know all the details about salary and career growth to understand the nature of the profession better. This familiarity with the salary structure and other details will help candidates understand the lucrative nature of the job. Read this article to know all about the salary of an IBPS RRB PO and other details.

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IBPS RRB PO Salary 2021: Overview

IBPS offers lucrative salaries and plenty of other perks and benefits for various grades of officers and clerks. Here is the IBPS RRB PO Salary structure and in-hand salary for various grades.

IBPS RRB Clerk Rs. 15000 to Rs.20000
IBPS RRB  PO Rs. 29,000  to Rs. 33,000
Officer Scale-II Rs. 33,000 to Rs. 39,000
Officer Scale III Rs. 38,000 to Rs. 44,000


IBPS RRB PO In Hand Salary 2021


The probationary officer will initially draw a salary of Rs. 29,000  to Rs. 33,000. Which is supplemented with various benefits and allowances like DA, HRA, and special allowances.
Grade pay for IBPS PO Salary is Rs. 23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42021. We have broken down the salary structure for you :

  basic salary  Annual increment  Number of Years 
On joining  Rs. 23700 Rs.980 7
After 7 years  Rs. 30560 Rs.1145 2
After 9 years  Rs. 32850 Rs.1310 7
Final grade pay  Rs. 42021    
 
IBPS RRB Recruitment IBPS RRB PO Eligibility IBPS RRB Clerk Salary SBI PO Study Material

IBPS RRB PO Job Profile

Successful candidates do through a probation period of 2 years. During the probationary period, the candidate's ability and work performance is analyzed. Probationary officers will receive a fixed amount along with other allowances that is usually less than the normal pay scale. Once candidates are through 2 year period they become grade 1 level officers in regional rural banks.

The job profile for the candidates selected for IBPS RRB Officer Scale I (PO) is given below.

  • Branch work - related to banking and finance.
  • Sector-specific work - promoting schemes and financial products for agriculture.
  • Managing single-window operating system.
  • Manage day-to-day operations at Bank.
  • Preparing the audit reports and NPA recovery also forms a major job task.

 
Probationary Officers not only learn and imbibe from other employees. They are often required to manage sub-ordinates and clerks working in the Branch. They are also the face of RRB, to the rural population, often being the face of the outreach programs.

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IBPS RRB PO: Career Growth

IBPS RRB PO  in-hand salary ranges from Rs. 29,000 – Rs. 33,000. From being the entry-level probationary officer, through career growth, RRB gives a chance to rise to the topmost post with Regional Rural Banks. After the completion of two years, RRB POs are appointed as regular employees with the bank.They are known as Assistant Manager then. We have traced the career prospects for RRB PO officers here :

  1. IBPS RRB Officer Scale I (PO)
  2. Assistant Manager
  3. Deputy Manager
  4. Branch Manager
  5. Senior Branch Manager
  6. Chief Manager
  7. Assistant General Manager
  8. Deputy General Manager
  9. General Manager


IBPS RRB PO salary is lucrative, rewarding and the post offers immense career growth and learning opportunity. RRB PO is an important part of organizations providing financial services to the Rural Sector. Do miss this opportunity to secure a job as RRB PO - learn with Safalta.

To find details on other govt exam salaries, you can visit these linked articles.
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MP Police SI Salary SSC MTS Salary UPSSSC PET Salary

IBPS RRB PO Salary 2021 FAQs

Q1) What are the dates of the IBPS RRB PO 2021 Exam?

A1) The Prelims exam of IBPS RRB PO is tentatively scheduled in the first week of August (1st and 7th August), while the mains examination is to be conducted in the last week of September (25th September).

Q2) What is the in-hand salary of IBPS RRB PO?

A2) The probationary officer initially draws an in-hand salary of Rs. 29,000  to Rs. 33,000

Q3) Is there a limit for the number of attempts in the IBPS RRB PO exam?

A3) No, there is no such limit for the number of attempts.

Q4) Is there an offline process to apply for the IBPS RRB PO exam?

A4) No, you can only apply online for the exam.

Q5) What is the difficulty level of the IBPS RRB PO exam?

A5) The difficulty level of the exam is pretty normal if you're well prepared for it.

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