IBPS Clerk vs IBPS RRB Clerk: Job Profile, Salary & More

IBPS Clerk and IBPS RRB Clerk are both important banking sector positions. The Institute of Banking Personnel Selection (IBPS) conducts the recruitment process for both posts. Both posts have similar job profiles, salary structures, and career prospects resulting in confusion among aspirants about which post to pursue. Download IBPS Clerk Question Papers

Candidates must have a clear idea of all the aspects of both banking positions before making a choice. The article contains all the relevant information like the job profile, salary structure, and career prospects to help candidates to make an informed choice.

IBPS Clerk vs IBPS RRB Clerk: Job Profile

There is not much difference between IBPS Clerk and IBPS RRB Clerk posts when job profiles and pay structures are compared. There is, however, some difference when compared in terms of career prospects. The job profiles of both posts are discussed in detail in this section.

IBPS Clerk: Roles and Responsibilities

The roles and responsibilities of the IBPS Clerk post are listed below.

• Responsible for bank cash and important keys in the bank.
• Responsible for verification of documents and proofs submitted by the customers.
• Perform banking transactions like cash withdrawals, cash deposits, cheque deposits, and cheque deposits.
• Maintaining bank documents like balance sheets, ledgers, etc.
• Creating new accounts for customers, issuing demand drafts and cash receipts, etc.
• Guiding the customers regarding bank activities and updating them with information about the latest bank schemes and government policies.
• Updating passbooks of customers with account details.
• Resolving customer issues and responding to their queries.

IBPS RRB Clerk: Roles and Responsibilities

The roles and responsibilities of the IBPS RRB Clerk post are listed below.

• Responsible for performing banking tasks which include cash deposits, cash withdrawals, cheque deposits, etc.
• Issue demand drafts, receipts, and acknowledgments.
• Providing information about the latest schemes and government policies to the customers.
• Providing customer support.
• Communicating through emails on behalf of the bank and ensuring proper delivery of checkbooks to account holders.
• Assisting higher officials in their official duties.

IBPS Clerk vs IBPS RRB Clerk: Salary Structure

The basic salary of both an IBPS Clerk and an IBPS RRB Clerk is INR 19,900. The in-hand salary for both posts varies depending on the HRA component of the salary. As IBPS RRB Clerk are mostly posted in rural areas, they receive lesser HRA compared to IBPS Clerk. The salary structure of IBPS Clerk and IBPS RRB Clerk is discussed in this section.

IBPS Clerk Salary Structure

The salary structure of the IBPS Clerk post is shown in the table below.

IBPS Clerk: Perks and Allowances

• Dearness Allowance - It is 4% of the basic pay and it is revised after every 3 months. The initial DA amount is INR 7073.
• House Rent Allowance - The HRA amount is based on the posted location. If posted in larger cities, the HRA is 8.5% of basic pay. In the case of smaller cities and towns with a population of less than 5 lakhs, HRA is 7.5% of basic pay, and in the case of rural areas, it is 6.5% of basic pay.
• Transport Allowance - Reimbursements for official tours are provided.
• Medical Allowance - A medical allowance of INR 2,200 is fixed for IBPS Clerks and it can be claimed once a year.
• Special Allowance - A special allowance of INR 1,561 is fixed for IBPS Clerks.

IBPS RRB Clerk Salary Structure

The salary structure of IBPS RRB Clerk post is shown in the table below.

IBPS RRB Clerk: Perks and Allowances

• Dearness Allowance - It is 79.5% of Basic Pay.
• House Rent Allowance - The HRA amount is provided based on the place of posting. In the case of urban areas, the HRA is 10% of basic pay. For semi-urban and rural areas, the HRA is 7.5% and 5% of the basic pay respectively.
• Special Allowance - Special allowance for IBPS RRB Clerk is 7.75% of basic pay.
• Transport Allowance - It is reimbursed during the transfer of employees.
• Medical Allowance - It is provided to all employees along with their family members.
• Fuel Reimbursement - It is provided to employees depending on the distance traveled from the office.
• Gratuity on Retirement - A good gratuity amount is provided to the employees at the time of retirement and this amount is calculated depending on the basic pay.

IBPS Clerk vs IBPS RRB Clerk: Career Prospects

The promotions and career prospects for both IBPS Clerk and IBPS RRB Clerk are different. Based on their career prospects, candidates can choose between the two posts. The career prospects for both posts are discussed in this section.

IBPS Clerk: Promotions

The IBPS Clerk can get promoted to higher positions over a period of time depending on their years of experience. Promotions are provided through the following two processes.

• Seniority-based process - Candidates are promoted based on their performance in an internal written test and their experience.
• Merit-based process - Candidates are promoted based on their JAIIB or CAIIB diploma from IIBF.

Candidates selected for the IBPS Clerk position in a bank can expect to slowly get promoted with years of experience and can expect to reach the position of General Manager. The different posts through which candidates can be promoted from the post of IBPS Clerk are as follows:

• Officer
• Senior Officer
• Assistant Manager
• Manager
• Senior Manager
• Chief Manager
• Assistant General Manager
• Deputy General Manager
• General Manager

IBPS RRB Clerk: Promotions

Candidates selected for the IBPS RRB Clerk position can expect to be promoted to higher positions over time. The different posts to which candidates can be promoted based on experience level are listed below:

• Officer Scale I
• Officer Scale-II
• Officer Scale III
• Assistant Manager
• Deputy Manager
• Branch Manager
• Senior Branch Manager
• Chief Manager
• Assistant General Manager
• Deputy General Manager
• General Manager

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