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IBPS PO Salary


IBPS PO Job Profile

Ever year IBPS releases 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.  The IBPS PO examination will scheduled on the months of October and November. As the exam is few 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 basic payof Rs 23,700. 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 elected 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. 23,500 excluding all perks and allowances.

IBPS PO Salary Structure:

The Salary are as follows: - 

Post

Salary

Basic Salary

Rs. 23,700/- per month

Dearness Allowance

Rs. 13,000 (around 55% of the basic salary)



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