IBPS RRB Salary 2020

IBPS RRB Exam is conducted by the Institute of Banking Personnel Selection to recruit candidates in various Regional Rural Banks across India. IBPS RRB recruitment is done in the following posts:

Does the IBPS RRB Salary motivate you to prepare for the upcoming Regional Rural Bank exams??

Prepare with the Free Online IBPS RRB Mock Test.

Also, the links given below shall help you prepare for the IBPS RRB exam for  various posts:

The Institute of Banking Personnel Selection is yet to release a notification for IBPS RRB recruitment 2020. In this article, we will talk about the basic pay scale and salary of an IBPS RRB Officer. Candidates willing to apply for the upcoming IBPS RRB exam can check the IBPS exam dates from the linked page. 

In 2019, IBPS had announced a total 8850 vacancies for both Group A Officers and Group B Office Assistants combined. To know about the latest IBPS RRB Notification and recruitment process, candidates can refer to the linked article.

Bank Exams 2020

Given below is the IBPS RRB Salary after the 7th Pay Commission.

IBPS RRB Salary After 7th Pay Commission

The IBPS RRB Salary varies according to the scale of the officers.

The salary structure for IBPS RRB office assistants is in the range of Rs. 7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300. Rs. 19000- Rs. 22000 is the cash in hand for new joiners. 

The detailed IBPS RRB Salary as per the officer scale are given in the table below:

IBPS RRB Salary (After 7th Pay Commission)
IBPS RRB Posts 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
Officer Scale-II Rs. 33,000 – Rs. 39,000
Officer Scale III Rs. 38,000 – Rs. 44,000

For further details on bank salary, refer to the linked page. 

Related links:

IBPS RRB Salary – Allowances

The IBPS RRB Salary includes Dearness Allowances and HRA for all the scales. 

The table below provides detailed information of all the allowances provided to the IBPS RRB Officers.

IBPS RRB Salary Allowances 
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.

Apart from these allowances, there are also the following perks tagged along with the IBPS RRB Salary in India:

  • Travel Allowances: There is an option provided by the bank for full travelling allowance or reimbursement of the money spent on petrol/diesel.
  • Leased Accommodation: Banks mostly provide their employees either a bank quarter to stay in or gives an option to lease a house for which the bank is accountable for providing the rent.
  • Medical Reimbursement: The banks also provide a fixed amount to their employees for medical treatment.
  • Pension Schemes
  • Miscellaneous

IBPS RRB Officer Scale I – Career Growth

IBPS RRB Officer Scale-I is a position for the post of Manager Trainee in the Regional Rural Banks or Gramin Bank. The in-hand salary of IBPS RRB Officer ranges from Rs. Rs. 29,000 – Rs. 33,000

The probation period will be of two years, and after its completion successfully the Manager Trainee will be promoted to Assistant Manager. The career growth of IBPS RRB Officer Scale I is mentioned below:

  • IBPS RRB Officer Scale I (PO) 
  • Assistant Manager  
  • Deputy Manager
  • Branch Manager
  • Senior Branch Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager  
  • General Manager

The roles and responsibilities of IBPS RRB Officers vary from post to post under different departments. There are other government exams which also have a great designation, career, and salary.

Aspirants applying for the post of IAS officer can check the IAS salary at the linked article.

Government Exam 2020

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