IBPS PO Salary

IBPS PO SALARY 2020

IBPS PO is one of the most popular jobs as it gets you placed in various banking organizations. It secures your job and gives you enough respect and dignity not only because of the job post but also because you get paid in a good way. The basic starting salary of a PO in any commercial bank will be around Rs. 23,700/- per month along with other basic facilities and emoluments.

Post NameSalary
Probationary Officer
  • Basic salary - Rs 23,700 per month
  • Dearness Allowance - Rs. 13,000 (around 55% of the basic salary)

IBPS PO JOB PROFILE

Once the complete recruitment process for IBPS PO 2020 is complete, the selected candidates are given their respective branches and appointed as an Assistant Manager and you are supposed to be on probation period of two years. The period may vary in different banks. The designation is called that of Junior Management Grade Scale - I, thus giving the position of Scale - I Officer. The Scale I officers can be posted anywhere all-over India. A Bank PO is expected to perform all kinds of tasks being on probation. This helps them in learning all the skills related to banking job. Some basic tasks of a Probationary Officer (PO) include:

  • Loan processing
  • Supervision of the clerical tasks
  • Maintaining business of the branch
  • Customer Interaction