IBPS RRB PO Salary 2024: In-Hand Salary, Perks & Benefits & Job Profile

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The Institute of Banking Personnel Selection has conducted the Probationary Officers recruitment process for the Regional Rural Banks around various parts of the country. The salary details such as the In-hand Salary of the probationary officer, the salary expectations after certain period of time, various perks, benefits, and various other details related to the salary structure and payment of the probationary officer vacancies that has been recruited for the Regional Rural Banks have been announced with an official notification that consists of all the information about the details related to the salary structure through the official online portal of the Institute of Banking Personnel Selection. 

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The salary of the Probationary Officer who are working in a Regional Rural Banks that are affiliated with the Institute of Banking Personnel are provided with a monthly income of neraly 60,000 Rupees along with all special allowance, dearness allowance, travel allowance, and various other allowances that are provided by the Institute of Banking Personnel Selection. The basic pay range of the Probationary Officers without considering any allowance are said to be 36,000 rupees. Candidates who wish to apply for the recruitment process of the Probationary Officers role in the Regional Rural Banks that is conducted by the Institute of Banking Personnel Selection in the future and those who have applied and attended the recruitment process and have been recruited for the role of probationary officers in the Regional Rural Banks are required to go through this article to know diverse Information and distinct details about the salary structure, career development, perks, benefits, and various other details about the notification that has been released to announce the salary details of the probationary officers are announced in this article to assist candidates.

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Overview of the IBPS RRB PO Salary 2024

The Institute of Banking Personnel Selection has announced the details regarding the salary details and various other perks and benefits for the roles of Probationary Officer in the Regional Rural Banks through the notification that intends to deliver all the details about the salary structure and career growth of the Probationary Officer. Candidates who are interested in acquiring further details about the salary details and the recruitment process of the probationary officer vacancies available in the Regional Rural Banks that are affiliated with the Institute of Banking Personnel Selection can use the table that follows this passage to know various details about the recruitment process and the salary details of the probationary officer in the Regional Rural Banks. 

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Name of the Position  Probationary officer
Conducting Department  Institute of Banking Personnel Selection 
Name of the Notification  Salary Details 
Status of the notification  Available 
Type of Employment  Government Jobs 
Banks that Recruits the PO vacancies  Regional Rural Banks 
Mode of Application  Online 
Mode of Examination  Online 
Number of Banks Affiliated  11 Banks 
Basic Salary of the Probationary Officer Vacancies  Rs. 36,000/-
Location  All Over India 
Official Website  www.ibps.in 

 

The In-hand Salary Details of the IBPS RRB PO Salary 2024

Candidates who wish to learn more information about the salary structure and various other details about the probationary officer vacancies in the Regional Rural Banks that are associated with the Institute of Banking Personnel Selection can follow this article as it provides various knowledge about the salary details of the vacancies recruited in the roles of probationary officers. The Regional Rural Banks where the recruitment process for the roles of probationary officers took place offers the qualified candidates with a minimum salary of Rs. 35,000 to a maximum salary of Rs. 45,000 the salary varies based on the experience and location of the banks. The pay is considered to be the basic salary of the Probationary Officer apart from the basic salary of the probationary officer various other important perks and benefits such as Dearness allowance, Travel allowance, Medical Allowance, and the housing rent benefits are also provided by the Regional Rural Banks that are associated with the Institute of Banking Personnel Selection. 

IBPS RRB PO Salary 2024
Earnings Amount
Basic Salary Rs. 36,000
SPL Allowance Rs. 5,904
Dearness Allowance  Rs. 13,815.75
Housing Rent Allowance  Rs. 2,520
City Compensatory Allowance  Not Available 
HFA/BFA Not Available 
Total Earnings Rs. 58,239.75
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Job Profile of the Probationary Officers in the IBPS RRB PO Salary 2024

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  • Role of Monitoring
      • Candidates who have been selected for the role of probationary officers are expected to supervise the other officers who are working in the Regional Rural Banks. They are responsible for monitoring the activities of the other employees and whether they are completing their work under the provided time limit.
  • Management in Repayment of the Loan Amount
      • The Probationary Officer is also responsible for the management of the loan amount and the repayment of the loans that have been borrowed by the public for their personal reasons. They are provided with certain powers to use to make the public repay the loan amount that should be used with dignity.
  • Communication with the Common Public
    • Candidates working in the role of the probationary officer vacancies are required to meet the various sets of people in person who are visiting their banks and communicate with them about the various schemes and services that are being provided by the Regional Rural Banks.
  • Role of Auditor
    • The Probationary Officer should also have the knowledge of auditing about the details regarding the banks and all the banks balance sheet for the year and various other details related to banks are required to be reviewed and make a comparison with the previous year statements that are available to notice about the profit generated.

 

IBPS RRB Probationary Officer Perks and Benefits 

Candidates who are recruited for the role of Probationary Officer in the Regional Rural Banks associated with the Institute of Banking Personnel Selection are provided with various benefits and perks as shown below and the benefits are apart from their basic salary amount.

  • House Rent Allowance
  • City Compensatory Allowance
  • Special Allowance
  • Conveyance Allowance
  • Dearness Allowance
  • Leave Travel Allowance
  • Medical Allowance
  • Entertainment Allowance
  • Newspaper Allowance
  • Lease Allowance
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Frequently Asked Questions (FAQs)

1. Who announced the IBPS RRB PO Salary 2024?

The Institute of Banking Personnel Selection (IBPS) announced the salary details for Probationary Officers (PO) in Regional Rural Banks (RRBs).

2. Where can I find the official notification?

The official notification is available on the IBPS website: www.ibps.in

3. What is the basic salary for an IBPS RRB PO?

The basic salary is Rs. 36,000 per month.

4. What is the in-hand salary for an IBPS RRB PO?

The in-hand salary can vary based on location and experience, but typically ranges from Rs. 35,000 to Rs. 45,000 per month. This includes various allowances like Dearness Allowance (DA), Travel Allowance (TA), and House Rent Allowance (HRA).

5. What are some of the benefits offered to IBPS RRB POs?

In addition to the salary, IBPS RRB POs receive various benefits such as:

  • Dearness Allowance (DA)
  • Travel Allowance (TA)
  • House Rent Allowance (HRA)
  • City Compensatory Allowance (CCA) (may not be available in all locations)
  • Medical Allowance
  • Leave Travel Allowance (LTA)
  • Entertainment Allowance
  • Newspaper Allowance
  • Lease Allowance

6. What are the job responsibilities of an IBPS RRB PO?

Some of the key responsibilities include:

  • Monitoring other bank officers
  • Managing loan repayments
  • Communicating with customers about bank products and services
  • Auditing bank finances

7. How can I apply for the IBPS RRB PO exam?

You can apply for the IBPS RRB PO exam through the online portal of IBPS once the notification is released.

8. Is there anything else I should be aware of regarding the IBPS RRB PO salary?

The salary structure might change over time, so it’s recommended to refer to the latest official notification for the most accurate information.

9. What are some resources for further information?

  • IBPS Website: www.ibps.in
  • Previous years’ IBPS RRB PO notification (for reference)

10. When is the next IBPS RRB PO exam?

The exact date for the next exam will be announced by IBPS. Keep an eye on their website for updates.

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