{"id":3709,"date":"2021-06-29T16:31:27","date_gmt":"2021-06-29T11:01:27","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=3709"},"modified":"2024-11-25T22:23:11","modified_gmt":"2024-11-25T16:53:11","slug":"ibps-rrb-po-2021-salary","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/ibps-rrb-po-2021-salary\/","title":{"rendered":"RRB PO 2021: Salary, Benefits, Perks, Career Opportunities"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\">IBPS RRB PO Salary 2021<\/a>: As you, all know the Institute of Banking Personnel conducts recruitment exams for various banking positions for regional and rural banks all over India. The official notification with updated vacancies is also out now for FY 2021-22. The IBPS has also closed the registration intake on June 28, 2021.&nbsp;&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/blog\/ibps-rrb-po\/ibps-rrb-vacancy-decreased-2021-june-24-update\/\">Read this article for the list of updated RRB PO vacancies.<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\">IBPS RRB PO<\/a> is a highly attractive job due to its salary, perks, and career growth opportunities. Many compare RRB PO\u2019s salary with SBI PO which is quite unfair. An SBI Probationary Officer can get placed in high-end and metropolitan cities which incur a high cost of living. However, <a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\">IBPS RRB PO<\/a> employees are posted in rural and regional areas which do not demand the high cost of living.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\"><img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"90\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/06\/RRB-PO-Prelims-Free-Mock-1.png\" alt=\"RRB-PO-Prelims-Free-Mock\" class=\"wp-image-2933\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IBPS RRB PO 2021: In-Hand Salary&nbsp;&nbsp;<\/h2>\n\n\n\n<p>The in-hand salary for <a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\">IBPS RRB PO or Officer Scale \u2013 1<\/a> is around Rs. 29,000-33,000&nbsp;<\/p>\n\n\n\n<p>The starting or basic pay is Rs. 23,700 which has further add-ons such as dearness allowance, HRA, and other special allowances.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Annual Increments<\/strong>&nbsp;<\/td><td><strong>IBPS RRB PO In-hand Salary<\/strong>&nbsp;<\/td><\/tr><tr><td>Starting Pay&nbsp;<\/td><td>Rs. 23700&nbsp;<\/td><\/tr><tr><td>Rs. 980 for the first 7 years&nbsp;<\/td><td>Rs. 30650&nbsp;<\/td><\/tr><tr><td>Rs. 1145 for the next 2 years&nbsp;<\/td><td>Rs. 32850&nbsp;<\/td><\/tr><tr><td>Rs. 1310 for the next 7 years&nbsp;<\/td><td>Rs. 42021&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IBPS RRB PO Job Profile 2021&nbsp;<\/h2>\n\n\n\n<p>It goes without saying that once you crack <a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\">IBPS RRB PO <\/a>and clear your interview you will be kept under the probation period for two years at your posting. During the probation period, you might get paid less than the normal pay scale.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The following are expected duties of an IBPS RRB PO:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Credit portfolio rating and loan disbursement&nbsp;<\/li>\n\n\n\n<li>Management of day-to-day operations at the bank&nbsp;<\/li>\n\n\n\n<li>Single window-based operations of the bank&nbsp;<\/li>\n\n\n\n<li>Handling customers and their queries&nbsp;<\/li>\n\n\n\n<li>Preparation of audit reports, and NPA recovery&nbsp;&nbsp;<\/li>\n\n\n\n<li>Implementation of agricultural policies and schemes for the rural and regional markets&nbsp;<\/li>\n\n\n\n<li>Management of all the clerical staff members&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">IBPS RRB PO Career Growth and Promotions&nbsp;<\/h2>\n\n\n\n<p>There are a handful of promotions available for such a position. You can\u2019t deny the fact that IBPS banking offers too many possible promotions during the tenure of a probationary officer.&nbsp;&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>IBPS RRB Officer Scale I (PO)&nbsp;<\/li>\n\n\n\n<li>Assistant Manager&nbsp;<\/li>\n\n\n\n<li>Deputy Manager&nbsp;<\/li>\n\n\n\n<li>Branch Manager&nbsp;<\/li>\n\n\n\n<li>Senior Branch Manager&nbsp;<\/li>\n\n\n\n<li>Chief Manager&nbsp;<\/li>\n\n\n\n<li>Assistant General Manager&nbsp;<\/li>\n\n\n\n<li>Deputy General Manager&nbsp;<\/li>\n\n\n\n<li>General Manager&nbsp;<\/li>\n<\/ol>\n\n\n\n<p>You can expect at least 7-9 promotions till your official retirement from your job. One of the best highlights of being selected as a probationary officer is that you can very quickly become a branch manager which usually isn\u2019t the case for people who start at other banking positions.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\"><img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"90\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/06\/RRB-PO-Prelims-Free-Mock-1.png\" alt=\"RRB-PO-Prelims-Free-Mock\" class=\"wp-image-2933\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IBPS RRB PO Salary 2021: Perks and Allowances&nbsp;<\/h2>\n\n\n\n<p>All the scales or positions of IBPS RRB include Dearness Allowances (DA) along with House Rent Allowance (HRA.) The table given below provides detailed information on all the perks and allowances of IBPS RRB Officers.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>IBPS RRB Salary Allowances <\/strong>&nbsp;                      <\/td><\/tr><tr><td><strong>Dearness Allowance<\/strong>&nbsp;<\/td><td>46.5% of the basic pay.&nbsp;<\/td><\/tr><tr><td><strong>House Rent Allowance<\/strong>&nbsp;<\/td><td><strong>For Rural Areas:<\/strong> 5% of the basic pay&nbsp;<strong>For Semi-urban Areas:<\/strong> 7.5% of the basic pay&nbsp;<strong>For Urban Areas:<\/strong> 10% of the basic pay&nbsp;<\/td><\/tr><tr><td><strong>Special Allowances<\/strong>&nbsp;<\/td><td>7.75% of the basic pay.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">List of other allowance and perks for IBPS RRB PO:&nbsp;<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Travel allowances: You will be paid in full for all the petrol\/diesel related expenses incurred for the official purposes.&nbsp;&nbsp;<\/li>\n\n\n\n<li>Medical Reimbursement: The general OPD expenses. Cashless hospitalization facilities might be there for the empanelled hospitals.&nbsp;&nbsp;<\/li>\n\n\n\n<li>Overtime allowance&nbsp;<\/li>\n\n\n\n<li>Newspaper allowance&nbsp;<\/li>\n\n\n\n<li>Pension schemes&nbsp;<\/li>\n\n\n\n<li>Leased Accommodation: Banks at times do provide rented bank quarter or homes. The rent is paid by the banks on the behalf of the employees.&nbsp;&nbsp;<\/li>\n\n\n\n<li>Miscellaneous&nbsp;<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\"><img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"90\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/06\/RRB-PO-Prelims-Free-Mock-1.png\" alt=\"RRB-PO-Prelims-Free-Mock\" class=\"wp-image-2933\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion\u00a0<\/h2>\n\n\n\n<p>You might want to subscribe to our push notifications for such daily valuable articles.&nbsp;&nbsp;<\/p>\n\n\n\n<p>You can also find daily IBPS RRB PO news and updates posted on our official <a href=\"https:\/\/www.facebook.com\/practicemock\">Facebook page<\/a> as well.&nbsp;<\/p>\n\n\n\n<p>Still, have some doubts about what we discussed in this blog? Leave your queries in the comment section below. We will surely respond to them.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.practicemock.com\/exams\/banking\/ibps-rrb-officer-scale-1\/?refcode=2154&amp;utm_source=Blog_RRB%20PO%202021%3A%20Salary%2C%20Benefits%2C%20Perks%2C%20Career%20Opportunities_290621_RRBOSM&amp;utm_medium=Link&amp;utm_campaign=RRBOSM\"><img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"90\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/06\/RRB-PO-Prelims-Free-Mock-1.png\" alt=\"RRB-PO-Prelims-Free-Mock\" class=\"wp-image-2933\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Read this article to know all about the basic pay, perks, allowances, medical cover, and career growth opportunities of IBPS RRB PO 2021.<\/p>\n","protected":false},"author":5,"featured_media":3713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[24],"tags":[276,38],"class_list":["post-3709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exams","tag-rrb-po-notification-2021","tag-rrb-po-preparation-strategy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RRB PO 2021: Salary, Benefits, Perks, Career Opportunities - Practicemock<\/title>\n<meta name=\"description\" content=\"Read this article to know all about the basic pay, perks, allowances, medical cover, and 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