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IBPS RRB PO Salary | In Hand Salary, Pay Scale, Allowances: IBPS RRB PO is one of the most reputed jobs that you get in the banking sector. Before heading into targeting the job. Candidates must make sure that they are well aware of all the relevant details like IBPS RRB PO Salary, In Hand Salary, and Allowances. These details will give you a deeper insight into the job role and thus progress you to motivate to ace your preparation.
Aspirants who are wishing to get into the banking sector have to be qualified for banking exams. Simentinousely, they will also be curious to know about the Salary. In this article, we are going to focus on the IBPS RRB PO Salary. Additionally, we will understand the IBPS RRB Salary in hand, salary slip, and perks and emoluments for IBPS RRB PO.
Moreover, this post also aims in providing the latest information on the salary and the relevant details. We will look into the IBPS RRB Salary structure, pay scale, and perks offered to IBPS RRB PO.
IBPS RRB Salary Structure
This section of the article will guide you through IBPS RRB Salary Structure. As we should be well aware that the IBPS RRB Exam is conducted for the recruitment of four various posts. Candidates can apply for any of the posts as per their relevant qualifications and experience. IBPS RRB posts receive their salary as per the latest revised pay commission. Additionally, apart from the salary, they are also eligible for the entitlement of allowances such as HRA, City Compensation Allowance, DA, etc. Consider, these are the following posts offered under IBPS RRB Exam.
- Officer Scale 1 (PO)
- Officer Scale 2 (Generalist & Specialist)
- Officer Scale 3 (Senior Manager)
- Office Assistant or Clerk (Multipurpose)
IBPS RRB PO Salary (Officer Scale I)
To get a clear understanding of the IBPS RRB PO Salary – Officer Scale I, you need to look into the following. This post indeed carries adequate responsibilities and the regulation of the duties. However, they are also paid to be the best. The in-hand salary of IBPS RRB PO may vary from Rs. 42,000/- to Rs. 45,000/. But, in this section of the article, we are going to know the Allowances for IBPS RRB PO Salary Officer Scale I.
- Dearness Allowance (DA) – 75.9% of the basic pay.
- House Rent Allowance (HRA) – 7% of basic pay
- Special Allowances (SA) – 7.75% 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
Additionally, the annual increments in IBPS RRB PO Salary can be considered as:
- For the First 7 Years of Service – Rs. 980/-
- And, the Next 2 Years of Service – Rs. 1145/-
- Finally, the Next 7 Years of Service – Rs. 1310/-
IBPS RRB PO Job Profile
A quick overview of the IBPS RRB PO Job Profile will help you know the day-to-day responsibilities that the POs carry. This will definitely give you an insight into the job role and thus enable you to get a good understanding of the prospects of the work.
After being appointed for the post of IBPS RRB PO he/ she undergoes the training period which is also considered the probation period of 2 years. During this time, the candidate receives a fixed salary that indicates a lesser pay than the normal IBPS RRB PO pay scale. Here are the duties of IBPS RRB PO.
- Firstly, candidates need to manage the day-to-day banking operations.
- They should work on the Loan disbursement and credit portfolio rating.
- Work over the single window operations.
- They should be able to focus on the agricultural schemes and policies that are from the rural market.
- A must preparation of the audit reports and NPA recovery.
- Finally, should be able to take care of in-house staff and managing of the clerical staff.
To conclude, all the relevant details of IBPS RRB PO Salary In Hand/ IBPS RRB Officer Scale 1 Salary are mentioned clearly in this article. Hope you have got a clear insight into the job role. This should definitely make you feel motivated and work more to achieve the post in the banking sector. For more qualitative articles stay connected with freshersnow.com.