IBPS RRB Officer Scale 1 Salary 2020 : In Hand Salary, Pay Scale, Allowances & Other Benefits

  • 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 Assistant Manager post.

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Perks and allowances of IBPS RRB Officer Scale 1 post

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

  1. Dearness Allowance 
  2. Special Allowance 
  3. House Rent Allowance / Leased Accommodation
  4. Conveyance Allowance
  5. Furniture Allowance
  6. Household Cleaning Expenses
  7. Leave Encashment
  8. Leave Travel Concession
  9. Medical Reimbursement
  10. National Pension Scheme
  11. Newspaper Allowance
  12. Travelling Allowance

Additional Benefits

The benefits of the IBPS PO RRB Officer Scale-I (PO) post are numerous. Stress and work pressure are relatively less in comparison to commercial banks. Employees have a good work-life balance. The cost of living is low since employees get posted in rural areas. Employees are eligible for 100% D.A. Employees can be deputed to other departments in Govt. sector under exchange programs.

 IBPS RRB PO Job Profile

  • Management of day-to-day banking operations.
  • Loan disbursement & credit portfolio rating.
  • Often needs to take care of single window operations or being a teller.
  • Focus on the agricultural schemes and policies for the rural market.
  • Preparations of the audit report and NPA recovery also forms a major job task.

Apart from the tasks mentioned here, one also has to take care of in-house staff and managing of the clerical staff. Running and operations of banks also rely on the Probationary Officer.

IBPS RRB Scale 1 Officer Career Growth

The career hierarchy of a Probationary Officer is as follows:

Officer Scale I (PO) -> Assistant Manager -> Deputy Manager-> Branch Manager-> Senior Branch Manager->Chief Manager-> Assistant General Manager-> DGM -> General Manager.

The career growth is dependent on multiple factors such as:

  • Efficiency in the completion of tasks.
  • Responsibility of the action taken
  • Management of Assets (including the manpower)
  • Subject Knowledge and Immense experience in the background.

What is the pay scale of IBPS RRB PO?

The pay scale of an IBPS RRB PO is 14500-600/7-18700-700/2-20100-800/7-25700.

What is the salary of an IBPS RRB PO?

 The salary of an IBPS RRB PO at present varies from Rs.29,000 to 33,000 at 100% D.A.

What is the job of an IBPS RRB PO or Officer Scale I?

 An IBPS RRB PO carries the duty of Loan disbursement & credit portfolio rating, preparation of the audit reports, and NPA recovery as well as to manage the day to day operations of the bank.

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