One of the reasons why students are drawn towards banking services is the lucrative salary packages offered by banks to their employees. While looking for career opportunities, with lavish salaries, perks and allowances, a huge scope of career growth in this sector makes it impossible to ignore. Let us have a close look at the salary and job profile of the RRB Clerk and what makes it so appealing to the candidates. Here you go.
RRB stands for Regional Rural Bank and is concerned with the employment of staff in Rural Banks in different states across the nation. To have a bird’s eye view of the complete selection process, please click the link below.
Roles & Responsibilities of RRB Clerk
Now, let us move on to RRB Clerkâs job profile. Rural banks are predominantly concerned with the banking and credit needs of residents of villages. The main work and responsibilities of the RRB Clerk are as follows:
- The chief responsibility of the clerk at RRB is attending to account holders and new customers, listening to their grievances and queries related to the bank and providing them with all the required information.
- Helping consumers deposit and withdraw cash.
- Opening and closing the account, check verification, Demand Draft, generating receipts and all such responsibilities are handled by the Clerk.
- Issuing Debit and Credit cards
- Handling treasury-related matters
- Maintain a daily record of the balance sheet.
- Participating in the marketing of financial products of the bank such as informing the consumer about loans, mutual funds, deposits, and several schemes.
- Handling emails and managing matters related to them.
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Allowance Scheme for RRB Clerk:
The basic Salary of the RRB Clerk is Rs 15000-19000. Apart from that, rules for Dearness Allowance (DA), House Rent Allowance (HRA), and Special Allowances go as:
| Dearness Allowance (DA) | 46.5% of the basic pay. |
| House Rent Allowance (HRA) | For Rural Areas: 5% of the basic salary 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. |
Pay Scale for the RRB office Assistant
The pay scale for the RRB Office Assistant is
Rs. 7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300.
List of Perks and Allowances for RRB Clerk
- Dearness Allowance
- House Rent Allowance
- Special Allowance
- Transport Allowance
- Medical Allowance
- Fuel Reimbursement
- Gratuity on Retirement as per NPS
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Salary Structure of RRB Clerk
The structure of the salary is as follows.:
| RRB Clerk Salary Structure | |
| Salary Component | Amount (Rs.) |
| Basic Salary | 19900 |
| Spl A | 3263.60 |
| DA | 8049.17 |
| HRA | 2167.88 |
| NPS | 2812.00 |
| CASH | 1250.00 |
| Gross Pay (Approx.) | Rs. 37442.65 |
Net Salary after Deduction
Net Salary after deductions is Rs 31818/-. The deduction scheme goes as:
| RRB Clerk Salary Deduction Scheme | |
| Earnings | Amount |
| NPS EMP | 2812.00 |
| NPS | 2812.00 |
| Income Tax | 0.00 |
| Total | 5624.00 |
| Net Pay (Approx.) | 31818.65 |
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Salary Increments for RRB Clerk
| Period | Basic salary | Annual Increment | Number of Years |
| On joining | Rs 7200 | Rs 400 | 3 |
| After 3 years | Rs. 8400 | Rs. 500 | 3 |
| After 6 years | Rs. 9900 | Rs.600 | 4 |
| After 10 years | Rs. 12300 | Rs 700 | 7 |
| After 17 years | Rs 17200 | Rs 1300 | 1 |
Promotion & Career Path of an RRB Clerk
An RRB Clerk is provided with opportunities to climb the career ladder from Office Assistant to GM. Their promotion depends on two factors:
- Seniority based
- Merit-based
Have a peek at the career path from RRB Office Assistant to RRB General Manager may go through the following posts:
- Officer
- Senior Officer
- Assistant Manager
- Deputy Manager
- Branch Manager
- Senior Branch Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
FAQs related to RRB Clerk Job Profile
Q. What is the posting location of an RRB Clerk? / Where is an RRB Clerk posted?
A. An RRB Clerk is posted in rural areas of different states as per merit and their choices.
Q. What is the Age of Retirement for an RRB Clerk?
A. An RRB Clerk retires at 58 years of age.
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