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IBPS RRB Officer Scale 1 2024 Salary

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IBPS RRB PO Salary 2024

IBPS RRB PO Salary is given in the official notification for the IBPS RRB PO Exam. As per the available information, the basic pay for IBPS RRB PO is Rs. 36000. The salary structure for Probationary Officers in Regional Rural Banks becomes more attractive after considering allowances and benefits. Below mentioned is the complete details of IBPS RRB PO Salary 2024.

The In-hand IBPS RRB salary for the different Assistant & Officer Scale posts are as follows:

IBPS RRB Salary (In-hand Salary)

IBPS RRB Office Assistant (Multipurpose)Rs. 15000 – Rs.19000
IBPS RRB Officer (Scale I)Rs. 29,000 – Rs. 33,000

IBPS RRB PO (Officer Scale 1) Salary

IBPS RRB Salary varies depending on the posts. IBPS RRB officers can expect an amount of Rs. 43,000/- to 47,000/- for the PO posts. Below is the detailed description of the salary of the scale 1 IBPS RRB PO.

  • The starting Basic pay for IBPS RRB Officer Scale 1 is 23,700/-
  • The In-hand Salary at present varies from Rs.43,000 – 47,000 at 100% D.A.
  • After the selection of the candidate for the post of Officer Scale-I, he/she will need to undergo training for 2 years under the probationary period. During the probationary period, the candidate will receive a fixed amount that is usually less than the normal pay scale.
  • After completion of the probationary period, the candidates will be promoted to the Assistant Manager post.

IBPS RRB PO Salary | Basic Pay & In-hand Salary

IBPS RRB Officer Scale- I or PO Pay Scale is Rs. 23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42021.

Annual Increments IBPS RRB PO In-hand Salary

Starting PayRs. 23700
Rs. 980 for the first 7 yearsRs. 30650
Rs. 1145 for the next 2 yearsRs. 32850
Rs. 1310 for the next 7 yearsRs. 42021

IBPS RRB Other Allowances

Apart from the basic pay, the officers are entitled to the following allowances and perks:

  • Dearness Allowance
  • Special Allowance
  • House Rent Allowance / Leased Accommodation
  • Conveyance Allowance
  • Furniture Allowance
  • Household Cleaning Expenses
  • Leave Encashment
  • Leave Travel Concession
  • Medical Reimbursement
  • National Pension Scheme
  • Newspaper Allowance
  • Travelling Allowance

IBPS RRB PO Allowances in percentage form are as follows:

Dearness Allowance75.9% 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 Allowances7.75% 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

Pricing Plan

Flexible pricing options for all the aspirants
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FAQs

Is there anything new in this year’s IBPS RRB Notification when compared to IBPS RRB 2024 notification?

Yes! Credit History has been added as one of the eligibility criteria this year.

Can I apply for both IBPS RRB Clerk & RRB PO posts? +

A candidate can apply for the Post of IBPS RRB Clerk/Office Assistant (Multipurpose) and can also apply for the Post of RRB PO/Officer Scale 1. However, a candidate can apply for only one post in officer’s cadre i.e. either for Officer Scale-I or Scale-II or Scale-III.

What is the Application fee for applying to IBPS RRB Clerk & RRB PO? +

The details of application fee are below: Officer Scale I – Rs. 175/- for SC/ST/PWD candidates. – Rs. 850/- for all others Office Assistant (Multipurpose) -Rs. 175/- for SC/ST/PWD/EXSM candidates. – Rs. 850/- for all others

What is the educational qualification required for both IBPS RRB Clerk & IBPS RRB PO? +

Bachelor’s degree in any discipline from a recognized University or its equivalent. Please note that there is no minimum percentage required to apply for IBPS RRB Clerk or IBPS RRB PO.

Can I apply for a state other than my home state? +

Yes, a candidate can apply for any state he/she wants, however, upon selection he/she will be posted in the RRB’s that particular state only. For eg: A candidate from Madhya Pradesh can apply from Uttar Pradesh, however upon selection he will be posted in RRBs located in UP only.

Is there any local language requirement as well? +

Yes, candidates need to know the local language as prescribed by the respective RRB of a state. So, candidates are advised to take a well-deliberated call. Candidates who have already studied the language of the State in standard VIII or any level above standard VIII in Government recognized Boards of Education/ school would be considered proficient in that local language. If not he will be given a time of six months from the date of joining to acquire the proficiency.

Is there any negative marking in the prelims and Mains stage? +

Yes, one fourth or 0.25 of the marks assigned to that particular question will be deducted as a penalty if the question is answered incorrectly. However, unattempted answers will not attract any penalty.

What is the final selection criteria for RRB PO and RRB Clerk? +

For RRB Clerk- Each candidate will be required to obtain a minimum score in each test of Online Main examination to be considered to be shortlisted for provisional allotment. For RRB PO- Candidates will be required to obtain a minimum score in each test of Online Main examination to be considered to be shortlisted for interview. Candidates in each category not exceeding three times of the declared vacancies in each state shall be called for the interview. Final merit will be based on the performance of both Mains and Interview.

Will I be allowed to carry & wear mask inside the examination hall? +

Please be informed that wearing a mask is compulsory to take the exam.

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