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.
Now, let us move on to RRB Clerk’s 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 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. |
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.
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 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 |
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 |
An RRB Clerk is provided with opportunities to climb the career ladder from Office Assistant to GM. Their promotion depends on two factors:
Have a peek at the career path from RRB Office Assistant to RRB General Manager may go through the following posts:
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.
Union Bank has released the short notice regarding Union Bank Recruitment 2024. Candidates can check…
The Haryana Govt. has released the HKRN Recruitment 2024. Candidates apply for Scientific Sr. Scientific…
Read The Hindu Editorial Vocabulary to know difficult words with its meanings. We provide monthly…
Read The Hindu Editorial Vocabulary 16th May 2024 to learn new words daily with its…
Get ready for RPF 2024 exam with the RPF Exam Date 2024 which will be…
In this article, candidates can know Important Days in May 2024. We compiled list of…