IBPS RRB Officer Salary. Every year, the Institute of Banking Personnel Selection (IBPS) hires Officers for various positions in various departments. The salary and various allowances are the main reasons for the IBPS post being a sought-after position.
An applicant should have a thorough understanding of the salary structure established by the 7th Pay Commission, which he or she will receive after being selected, as this will motivate them to work even harder to meet their goals. Any suggested changes in the upcoming 2022 notification will be posted on the official website as soon as possible.
IBPS Officers In-hand Salary 2022
New IBPS RRB recruits must go through a two-year probation period during which they will be paid a fixed salary that is lower than the normal salary.
The total in-hand salary for IBPS RRB Office Assistant and Officer Scale I, II, and III is as follows:
Post Name | In-Hand IBPS RRB Salary |
---|---|
Office Assistant | Rs. 15000-19000 |
Officer Scale-I | Rs. 29000-33000 |
Officer Scale-II | Rs. 33000-39000 |
Officer Scale-III | Rs. 38000-44000 |
IBPS RRB Officers Allowances
For all scales, the IBPS RRB salary includes Dearness Allowances and HRA.
The table below details all of the allowances given to IBPS RRB Officers.
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. |
Except these benefits, the IBPS RRB Salary in India also comes with the following benefits:
- Travel Allowances: The bank offers a choice of a full travel allowance or reimbursement of the money spent on gasoline or diesel.
- Leased Accomodation: Banks typically provide their employees with either a bank quarter or the option to lease a house for which the bank is responsible for the rent.
- Medical Reimbursement: Banks also provide a set amount for medical treatment to their employees.
- Miscellaneous
- Pension Plans
Check IBPS RRB Clerk Salary.
IBPS RRB Officer Career Growth Opportunity
IBPS RRB Officers are paid between Rs. 29,000 and Rs. 33,000 in cash plus various allowances. After successfully completing the two-year probationary period officers in IBPS are promoted to next officer post.
IBPS RRB Officer Salary – FAQs
An IBPS RRB Officer’s pay scale is 14500-600/7-18700-700/2-20100-800/7-25700.
Allowances like- DA, HRA, Special Allowance, Travel Allowances, etc received by IBPS officers.
The Scale 1 officer will get Rs. 29000-33000 in-hand salary.
The Officer will get 46.5% of the basic pay as DA.
Yes, IBPS provides a lease accommodation allowance to its employees to rent out a home for which the bank is responsible for the rent.