IBPS RRB PO Salary 2024: The Institute of Banking Personnel Selection (IBPS) Regional Rural Bank Probationary Officer (RRB PO) post is not just about a job. It is a gateway to a promising career in the banking sector, especially in rural areas. For the candidate who is preparing for the IBPS RRB PO 2024 Exam, it is important to understand the salary structure. In this blog, we are sharing detailed information on the IBPS RRB PO Salary 2024.
IBPS RRB PO Salary 2024
IBPS RRB PO Salary 2024 is attractive and competitive due to which many candidates apply for the exam looking at the salary. The starting in-hand salary of IBPS RRB PO usually ranges between ₹42,000 to ₹45,000 per month depending on the posting location and allowances. This package includes basic salary, house rent allowance (HRA), dearness allowance (DA), special allowance and other benefits. Candidates check more details in the below article.
IBPS RRB PO Salary 2024 Overview
The IBPS RRB PO Salary 2024 mentioned in the official notification PDF. In this table we are providing the brief overview of IBPS RRB PO Salary 2024:
IBPS RRB PO Salary 2024 Overview | |
Particular | Details |
Conducting Body | Institute of Banking Personnel Selection (IBPS) |
Post Name | RRB PO |
Basic Pay | 36000 |
Job Location | State Wise |
Application Mode | Online |
IBPS Official Website | www.ibps.in |
IBPS RRB PO Salary 2024 Structure
The starting basic salary for IBPS RRB PO 2024 is Rs. 36,000. However, the total pay package is more than just the basic salary. It comes with various perks and facilities, making it an attractive proposition for aspiring banks.
IBPS RRB PO Salary 2024 Structure | |
Earnings | Amount |
Basic Salary | Rs. 36,000 |
SPL Allowance | Rs. 5,904 |
DA | Rs. 13,815.75 |
HRA | Rs. 2,520 |
CCA | – |
HFA/BFA | – |
Total Earnings | Rs. 58,239.75 |
IBPS RRB PO Salary 2024 Perks & Allowances
We have provided the IBPS RRB PO allowances of the Dearness Allowance (DA), Travel Allowance (TA), and House Rent Allowance (HRA). Check the below table points to understand the TA, DA, and HRA given to the IBPS RRB PO.
IBPS RRB PO salary 2024 Perks & Allowances | |
Dearness Allowance | 46.5% of basic pay. |
House Rent Allowance | Rural Areas: 5% of basic paySemi-urban Areas: 7.5% of basic payUrban Areas: 10% of basic pay |
Special Allowances | 7.75% of basic pay. |
IBPS RRB PO Salary 2024 Job Profile
The job profile of an IBPS RRB (Institute of Banking Personnel Selection – Regional Rural Banks) Probationary Officer (PO) is dynamic and involves various responsibilities. As per the IBPS notification, We are sharing the IBPS RRB PO Job profile 2024. When a candidate is appointed for the post of IBPS RRB PO he undergoes training or is under probation for 2 years. During the probation period, the candidate gets a fixed amount which is usually less than the normal pay scale. The key responsibilities of an IBPS RRB PO include:
IBPS RRB PO Job Profile 2024 |
To manage the day-to-day banking operations. Loan disbursement & credit portfolio rating. To take care of single window operations or being a teller. Focus on the agricultural schemes and policies for the rural market. Preparing the audit reports and NPA recovery also forms a major job task. |
IBPS RRB PO Career Growth 2024
We have providing the IBPS RRB PO Career Growth 2024 candidates check the given table and know the career growth:
IBPS RRB PO Salary 2024: Career Growth | |
Career Growth | IBPS RRB PO |
Assistant Manager | |
Deputy Manager | |
Branch Manager | |
Senior Branch Manager | |
Chief Manager | |
Assistant General Manager | |
General Manager |
Also Read
IBPS RRB PO/Clerk PDF Course
Start your focused exam preparation with the IBPS RRB PO/Clerk PDF Course. It covers easy to difficult level of questions from Quantitative Aptitude, English, General Awareness, Hindi, Reasoning, and Computer. Questions are covered from easy to difficult levels with detailed solutions provided. Candidates get detailed solutions topic-wise. IBPS RRB PO/Clerk PDF Course is a downloadable course. We provide first-lesson PDFs for candidates. Candidates can purchase this course and download it for questions and practice.
The starting basic pay for IBPS RRB PO 2024 is Rs. 36,000. However, the total salary package includes various allowances and facilities.
Apart from the basic salary, IBPS RRB PO gets allowances like Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance, Special Allowance and Medical Allowance.
Yes, IBPS RRB POs also get additional benefits like Provident Fund (PF), Gratuity and Leave Encashment, which provide financial security and additional facilities during their tenure.
The IBPS RRB PO annual Salary is ₹6,76,500.
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