Salary 2021

ibps

Once you are fully aware of all the details, one important aspect still remains to be known which is the IBPS PO salary. It is always good to know each and every detail of a job you are aiming for as your future depends on it. We can not completely predict the salary in hand but you can surely get a clear idea of what to expect.

  • An IBPS PO or Probationary Officer is entitled to receive a starting basic salary of Rs 36,000 / month.
  • IBPS PO salary structure also includes a ‘Dearness Allowance’. 
  • An IBPS PO will also be entitled to various other allowances and perks such as House Rent Allowance, City Compensatory Allowance along with some annual increments.
More details on the IBPS PO salary can be inferred from the table below.

Salary
Grade Pay Rs. 36,000/- per month.
City Compensatory Allowance 1,400.00/-
Dearness Allowance Rs. 10,004.40
House rent Allowance 3,240.00/-
Learning Allowance 766.74/-
Retro CCA 1,280.00/-
Retro HRA 2,880.00/-
Speacial Allowance 7,545.00/-
Gross Pay 63,116.14/-
Net Pay 58,515.70/-

Job Profile

Once you cross all the stages and finally reach the phase of being an IBPS PO ( Probationary Officer), you are designated as an Assistant Manager (AM) and are supposed to be on a probation period of two years. In some of the banks, this period may be of just 1 year. PO is referred to as Junior Management Grade Scale - I, thus giving the designation of Scale - I Officer. You will have to go through an induction program held by the banks, which usually lasts for 10-20 days. Once this program is over, the Scale-I Officers are liable to get posted anywhere across India. An IBPS PO is practically expected to be a multi-tasking person who is also responsible for the following tasks as mentioned below.

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

Know more about IBPS PO Course 2021

IBPS PO Salary Free Mock Tests

IBPS PO Prelims 2021 Memory Based Paper

IBPS PO Prelims 2021 Memory Based Paper

  • 60 Minute
  • 100 Question
  • 100 Marks
IBPS PO 2021 Mock Test 7 Prelims

IBPS PO 2021 Mock Test 7 Prelims

  • 60 Minute
  • 100 Question
  • 100 Marks
IBPS PO 2021 Mock Test 6 Prelims

IBPS PO 2021 Mock Test 6 Prelims

  • 60 Minute
  • 100 Question
  • 100 Marks
IBPS PO 2021 Mock Test 5 Prelims

IBPS PO 2021 Mock Test 5 Prelims

  • 60 Minute
  • 100 Question
  • 100 Marks

IBPS PO Salary Previous Year Paper

IBPS PO Prelims 2020 Memory Based Paper

IBPS PO Prelims 2020 Memory Based Paper

  • 60 Minute
  • 100 Question
  • 100 Marks
IBPS PO 2019 Memory Based Paper Prelims

IBPS PO 2019 Memory Based Paper Prelims

  • 60 Minute
  • 100 Question
  • 100 Marks
IBPS PO 2018 Memory Based Paper Prelims

IBPS PO 2018 Memory Based Paper Prelims

  • 60 Minute
  • 100 Question
  • 100 Marks

FAQs

Yes depending on the place of posting, your allowances and perks will differ.
The probation period varies depending upon the bank you got selected to through IBPS.
Yes, a bank PO is liable to be posted anywhere in India, depending on the job profile and department being served.
Depending upon the bank you will get selected, you need to fulfill the terms and conditions of that respective bank.
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