IBPS RRB PO Salary 2021:Check IBPS RRB PO Salary Structure, Allowances & Job Profile

Institute of Banking Personnel Selection(IBPS) has recently released its official notification for the recruitment of RRB PO (Scale I). This exam is conducted to recruit Group ‘A’ officers. It is a good opportunity for the candidates willing to work for rural banks. It is an interesting job as the employees get chances to interact with the common people to make them understand the benefits of credit.

 

The selection procedure for the post includes the Prelims exam, Mains exam and an interview. The minimum age for the General applicants is 18 years and the maximum age is 30 years. There is an age relaxation offered to reserved categories. The details of the age relaxations offered to certain categories are mentioned below:

IBPS RRB PO Salary 2021:

The Scale 1 officers of RRB receive a decent amount of salary along with several perks and allowances.  The basic pay of RRB PO is Rs.23,700/- per month and the In-hand salary is Rs. 29,000 /- to Rs. 33,000/-.  The in-hand salary of the employees varies depending on their posting location. There is a deduction of 10% from the salary of the employees as per the National Pension Scheme. The annual salary of RRB PO is Rs.3,48,000/- to Rs.3,96,000/-.

The employees receive an increment in the salary. The details of the increment are as follows:-

IBPS RRB PO Salary: Added Allowances

Along with the basic pay of Rs.23,700, the employees are entitled to several allowances. The allowances offered to the RRB PO are as follow:-

• Dearness Allowance
• House Rental Allowance
• Medical Reimbursement
• Conveyance Allowance
• Household Cleaning Allowance
• Travel Allowance
• Newspaper Allowance
• Overtime Allowance
• Leave Encashment
• Special Allowance
• Hill Station Allowance

IBPS RRB PO Job Profile:

The candidates selected for the post have to perform the following mentioned duties:-

• Banking Regulation Activities
• Promoting Loans and Credit Facility
• Checking up on the profile of the loan taker
• Maintaining official records of the loan repayments
• Communicating and Spreading the newly launched government policies
• Maintaining the annual balance sheet of their respective banks
• Implementing the schemes and policies es launched by the government.

 

Thus the candidates can notice that this is an amazing job for them. Moreover, the workload is less in comparison to the commercial banks and the salary and perks offered to the employees are decent in amount.

IBPS RRB PO Salary 2021 FAQs: