Home > Exams > IBPS PO Salary

IBPS PO Salary


IBPS PO Job Profile

IBPS has released the official notification for IBPS PO CWE PO/MT-VIII (Preliminary and Main) for the next common recruitment process for selection of personnel for Probationary Officer/ Management Trainee post. As per notification, there are 4,252 vacancies in total for the post of Probationary Officers. The IBPS PO examination has scheduled on the months of October and November. As the exam is nearly a months away, it is time for the candidates to start the preparation.

IBPS PO Salary in hand

The salary of selected candidates will draw a starting pay of Rs. 15080 – Rs.24500. Some other allowances like Dearness Allowance, House Rent Allowance, Hospitalization Reimbursement and Leave Fare Concession, Deputation Allowance etc., The other perks for IBPS PO includes reimbursement of medical expenses, Newspaper, Traveling Allowance etc,. The candidates selected for the post will be governed by the defined contribution to New Pension Scheme (NPS) in additional to the benefit to gratuity.

IBPS PO Roles and Responsibilities

Institute of Banking Personnel Selection (IBPS) conducts exam for the post of Probationary Officer (PO) in various bank. The post of Probationary Officer has a very essential and vital role in the banking industry. IBPS PO will have handle a variety of tasks some of the basic responsibilities are as follows:-

  • Probationary Officers and Managers in banks are into customer dealing and maintenance and supervising regular branch activities.
  • The Probationary Officer of a public sector bank will include to look after public relations, monitor and regulate branch activities and tasks, address customer relates issues and grievances, approving and monitoring daily branch and customer transactions and handling loan processing.
  • An assistant manager is expected to multitask and verify the work done by clerks whenever required.
  • The selected candidates through this recruitment process and you are working as Assistance Manager you’ll have plenty of opportunities to grow your career in any Public sector Bank. A part from promotion through examination, at times banks may also promotion of employee on the seniority basis.

IBPS PO Pay scale

The IBPS Probationary Officers salary for the structure for. Rs. 15080 – Rs.24500 including all perks and allowances.

IBPS PO Salary Structure:

The Salary, PayScale, Perks and Allowances are as follows: -

 

Basic Salary

Rs. 15080– Rs. 24500

Dearness Allowance

Rs. 8732– Rs. 10800

House Rent Allowance

Rs. 8025– Rs. 9025

Medical Aid

Rs. 7203 – Rs.  8320

Newspaper

Rs. 275 – Rs. 300

Petrol

Rs. 2500 – Rs. 3050

Pension Contribution

Rs. 2250 – Rs.2525

Gross Salary

Rs.  25123 – Rs. 35250

Join ixamBee

Already a member? Log in