IBPS Recruitment Guide

Your Banking Exam Preparation Guide 2017 - 2018

IBPS PO Salary Structure 2017 – 2018 Allowances, After Wage Revision

IBPS PO Salary and Allowances in Starting / After Probation period

What is IBPS PO Salary? आईबीपीएस पीओ की सैलरी – It is a most popular question between all of the banking aspirants who are preparing for ibps PO exam. Good news for all of you that department is going to enhance IBPS probationary officer salary scale from this year.

Check the latest information on it such as starting salary, facilities, allowances, grade pay, salary after probation period, salary after 10th bipartite wage revision and 7th pay commission, and other useful information on IBPS Exam 2017 etc.

Candidates ask this question many times that what is my salary after clearing ibps po exam. Here in this article ibps recruitment guide provides you complete story behind ibps po salary package with increments and promotions. Registration startIBPS PO Online here.

IBPS PO Salary Structure in detail

आईबीपीएस पीओ सैलरी का ढाचा – Probationary Officer (PO) is a starting level post of any officer in a bank. So you will have kept under approx 1 to 2 years of probation period it also called a training period. In which you learn basic and essential duties of a PO in the bank.

Here is a complete guide on IBPS PO Job Profile you should check it for know about that what will be your work after selection. Your salary will differ after recruiting in various IBPS PO Participating banks according to the bank policy here we are talking about general salary for ibps po officer in probation period and after probation period.

IBPS PO 6 Salary details 2017 – 2018
Basic Pay 23700.00
Special Allowance 1836.75
DA 10163.63
CCA 870 
Transport Allowance – 
Total (without HRA) 36570.38
HRA  2133.00
Gross with HRA 38703.38
Medical Aid 8000
Entertainment 500
Newspaper 300
Petrol 3000
Telephone 400
Canteen Subsidy 400
Pension Contribution 2500
Gross Annual CTC (with HRA but without leased accommodation) 5,57,640.52

IBPS Bank PO Salary and Allowances

Check The other main benefits payable on a monthly basis as part of the salary of IBPS PO. You can check details here. In addition to Basic Pay, bank officers (i.e. Probationary Officers / PO / Management Trainees) are eligible for the following allowances –

  1. Dearness Allowance (DA) – It is a cost of living adjustment allowance paid to all govt and public sector Probationary officers. It is revised on a quarterly basis and based on Consumer Price Index (CPI). Calculation of DA depends on inflation. DA can go up with higher inflation and also come down if the inflation rate is in negative.
  2. HRA – This depends on the place of posting, and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.
  3. Special Allowance – This will add in 10th BPS (wef. 01/11/2012) and for Scale, I 7.75% on which DA is also payable
  4. CCA – This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%
  5. Conveyance allowance – It is paid for commuting between home and office.

Other Benefits and Perks Available to Bank PO (बैंक पीओ के अन्य लाभ और भत्ते)

Here are different types of other benefits applied to IBPS PO officers. It may differ in every bank. Bank gives some primary, and general perks are mention here check details. (Note – As per rating of perks offered by banks, SBI is no. 1 bank in India which gives more benefits and facilities to their employees comparing to other nationalized banks.)

  • Leased Accommodation – This service is available to Bank officers instead of HRA. It also varies from bank to bank and depends on upon the place of posting. Some banks may offer official bank accommodation/ bank quarters instead of leased housing.
  • Travelling Allowance – Most of the banks give a fixed Traveling Allowance and reimbursement of petrol bills.
  • Medical Aid – An amount also attached for your medical needs (Revised price is Rs8000/- p.a.)
  • Newspaper Reimbursement: A fixed monthly amount is pay towards the cost of one newspaper
  • Coverage under New Pension Scheme

Some of other benefits also in the queue but it may vary bank to bank and place of posting (rural / semi-urban / metro cities). Such as Entertainment, Telephone, Canteen Subsidy, etc.

IBPS PO Notification 2017

IBPS PO VII Exam Pattern 2017

IBPS Probationary Officer Syllabus

IBPS PO VII Exam Dates 2017

PO Salary After 11th Bipartite Settlement –

After the wage revision, 11th Bipartite have settled for an increase of 15% in the IBPS PO salary. Expected hike in wages after permission of Indian Bank’s Association (IBA) check it.

Increment (Percentage) % Basic Pay Gross Salary
15 % Rs.26,706/- Rs.37,068/-
20 % Rs.27,866/- Rs.38678/-
25 % Rs.29,026/- Rs.40,288/-
30 % Rs.30,187/- Rs.41,899/-

7th Pay Commission effect on salary

सातवें वेतन आयोग का सैलरी पर असर –  Most of the candidates assuming that bank employees salary will also increase after 7th pay commission but all banks have their different method to calculate the rise in salary they don’t follow pay commissions.

Indian Banks’ Association (IBA) Chairman Shri T M Bhasin announced that here is not any effect will be count on ibps po salary after 7th pay commission. Approx 9 lac bank employees of public sector bank in India already waiting for 10th bank bipartite wage settlement.

And Government of India is also not planning for include bank employees under seventh pay commission. Wait for further notification. Also, Check IBPS Preparation Tips 2017.

IBPS PO Practice & Mock Test Revision Video Lessons

Why Bank PO as a Career option?

As banking sector jobs are considered very prestigious and esteemed, Everyone in ten persons would like to go for the banking job. Banking as a career gives many opportunities for employment and promotion as well. But why to choose Bank PO position as a career option? The answer to this question is given in the following content.
The bank PO is selected as good career option because it has many benefits such as it has tremendous job opportunities, challenging job tasks, excellent promotion policies (a good and fast pace opportunity from PO to general manager), wonderful salary packages and job perks, fewer duty hours, great leave policies, stress free environment, opportunity to work abroad, free trips across the country.

Considering the mentioned benefits, one would definitely not be willing to leave the opportunity to choose it as a career option.

What is Job Profile of IBPS RRB Office Assistant? What is work of IBPS RRB Officer in banks?

PO Career and Promotions –

On Probationary Officers post you will spend a duration of two years as a probation period. It is also called a training period In which you learn the fundamentals and different types of work of a bank officer. After completing you will be subject to a screening process.

According to your performance department will be given placement in next higher level of Middle Management Grade Scale II. And Rest of employees who not perform they will assign to Junior Management Grade Scale-I Officer.

Bank provides vast opportunities for growth within the Bank as well as opportunities for postings abroad. The engaging promotion policy of the Bank offers a chance to the brilliant officers to succeed in the highest Management Grade in a short duration.

IBPS PO Practice / Mock Test Series Pdf

Promotions –

  • Public sector banks have well-defined career options for all officers. Perhaps your performance plays a significant role in career progression. Most of the senior officers were starting their career from Scale I.
  • As I said earlier, that hardworking and knowledgeable employees will be assigned on a higher scale in a short period.
  • Most of the bank’s officers reach to the position of General Manager in 14 years. After that executive director or Chairman of a bank. These are the top most high scale positions of the bank which will be decided by the government.
  • In Public sector banks, you may get a chance to work in abroad also. Many of banks have their branches out of the country also.
Career progression for Probationary Officers in Banking Sector with Salary
Junior Management Grade – Scale I: Officer i.e. PO 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
Middle Management Grade – Scale II: Manager 31705 -1145 -32850 -1310 -45950
Middle Management Grade – Scale III: Senior Manager 42020 -1310 -48570 -1460 -51490
Senior Management Grade – Scale IV: Chief Manager 50030 -1460 -55870 -1650 -59170
Senior Management Grade Scale V: Assistant General Manager 59170 -1650 -62470 -1800 -66070
Top Management Grade Scale VI: Deputy General Manager 68680 -1960 -76520
Top Management Grade Scale VII: General Manager 76520 -2120 -85000
Executive Director (ED) Approx 1.5 + lac
 Chairperson and Managing Director (CMD) Approx 2 + lac

Note: – Salary of IBPS PO may be varied according to the location and bank-wise. Salary in Metro and Rural Cities may differ.

Meanwhile, IBPS PO salary in India are same in such cities Delhi, Mumbai, Hyderabad, Jaipur, Kolkata, Uttarakhand, Andhra Pradesh, Assam, Bihar, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamilnadu, Uttar Pradesh, West Bengal etc.

English Preparation Tips for IBPS PO Reasoning Preparation Tips for IBPS PO
General Knowledge Preparation Tips for IBPS PO IBPS PO Prelims and Mains Syllabus 2017

Hope this complete guide on “IBPS PO Salary” is evident your doubts, and now you have the clear answer to this question that How much salary of IBPS PO? and what is the gross salary? etc. If I missed anything here, you could mention your suggestion here and for any query using our comment section below.

For any discussion on what is the salary of IBPS Bank PO? OR latest ibps PO Exam Updates, you can subscribe our newsletter or join our Facebook page. Check other articles on IBPS Exam.

IBPS Exam Updates 2017 – 2018
IBPS Clerk 2017 IBPS Exam Syllabus IBPS PO Eligibility Criteria
IBPS PO Recruitment IBPS Exam Pattern IBPS PO Books
IBPS RRB Exam IBPS PO Question Papers IBPS PO Study Material
IBPS SO 2017 IBPS PO Admit Card IBPS PO Negative marking
IBPS Recruitment IBPS PO Exam Result IBPS PO Exam Centers

429 Comments

Add a Comment
  1. hiii sir good afternoon
    mene last year b.com ki exam di h.. ky me Ibps Po exam de sakti hu kya…?

    1. Hello, Manisha, Yes You can apply.

  2. Sir I have completed my b.tech(2013-2017) but I have one supply subject that subject will be clear in this year but my degree certificate may be taken in 2018 iam eligible or not for the ibps PO job if ibps PO exams are announce in 2017 IAm eligible or not? To write the exam plz reply sir
    IAm interested in bank sectors

    1. Hello Shashi, If your result comes then you can write IBPS Exams and degree or (final mark sheet) will require in Interview.

  3. Hi sir may i know which all post will be there after ibps po

  4. DEAR SIR,

    I had left Maths in class 8 since then i have taken commerce stream .so, what are the option left for me in bank po or other job in banks

  5. In how many years would I get a promotion if selected as a PO in any public sector bank.
    Could you brief the promotion levels?

  6. Higher education nhi Mem high school me computer education ke hai to main ibps clerk exam ke ley apply kar skta hu??

  7. Hlw sir…..
    Sir ibps clerk ke post me computer ke knowledge required ke jata hai lekin mere pass computer education ke koi degree nhi hai but high school me Maine computer ke study keya tha or mere 7,8,9 th ke marksheet me uske nu. Dey hue hai…..
    To ibps clerk ke interweave ya document verify ke smay mai kya krunga…..

    1. Hello Ravish, If Tumne Higher Education Me Computer Subject Study Kiya Hai Then No Problem, You are eligible.

  8. Sir/Mem ibps po and sbi po ka exam pattern and syllabus same Hota hai ya different Hota hai??

  9. Hi, sir
    What is the cash in hand for newly appointed p.o. in ibps

    1. Hello janhavi, You should check details above

  10. Will they provide calculator in prelims n mains exam

    1. No Anju.

  11. Sir so law ki sallery kya h

  12. Sir….
    Ibps po & clerk 2017 exam ka syllabus kise pta clega???

  13. Dear Sir,

    I am a Bcom Graduate and scored 45% marks. I got selected in IBPS PO. With 45% marks in gradation, I am eligible for promotions for Senior post (like Manager) in future or Not. Plz help sir.

    1. Yes, Eligible.

  14. What is the scale 4 cheif manager salary in hand including perks. also give break up of that.
    thanks

  15. What is the scale 4 cheif manager salary in hand including perks. also give break up of that.
    thanks

    1. After completion of probationary, appointed as Asstmanager at banglore at canara bank.how much salary including all perks.

  16. Sir I am appearing in final year btech am I eligible for bank po

    1. Not Eligible.

  17. Hi Sir/Mam This side komal I have just copmpleted B.com with 52% marks and My DOB is 07/07/1997. So i just wanted to know that , Am i eligible for IBPS PO 2017 ? Please Rply ASPN.

  18. Sir may I know does all banks provide leased accommodation for ex does south indian bank provide leased accommodation to po

    Thank u

  19. Dear Sir,
    I have completed IPCE examination of ICAI and B.COM (A&F) of IGNOU. I have also completed 3 years articleship training.
    I want to know whether I am eligible to do for IBPS PO.
    Plese clear my doubts as soon as possible.

    1. Yes, Himanshu you are eligible.

  20. Hlw sir….
    Ibps po and clerk ke exam me graduation me minimum kitne percent hona chahiye..
    And ibps po and clerk ke exam ka syllabus kise pta clega…

    1. Hello Ritu raj, IBPS PO and Clerk me Minimum graduation degree complete honi chahye or IBPS PO and Clerk ke syllabus ke liye check here-
      IBPS Clerk Syllabus Pdf 2017 (Pre – Mains) Pdf Download Online
      IBPS PO Syllabus 2017 (Pre – Mains) CWE PO/MT Pdf Download Online

  21. sir jo pgdbf course ke through baks select kar rahe hain. kya unki perks ibps jaisi hogi or kya ye government job hai ya semi government? kya job ke duration pe ye kabhi bhi job se terminate kar denge?

  22. Dear Sir/ Madam,

    I Myself Kamalesh from Chennai, and I am looking for a Job in Public Sector Bank , I had Already been in Prviate banking for the year 2008-2011. And after that I left the banking job. Can you suggest me If I am Applicable for the govt sector banking job or not. If Yes than which post should I apply for the Exam. My DOB is 8-6-1986. And how should I Prepare fro the Exam.

    1. Hello Kamalesh, You are eligible for IBPS RRB Officer Scale-II (General Banking Officer) Post.
      you can also Check here- IBPS Upcoming Vacancies 2017-2018 | IBPS All Exam Dates 2017-2018

  23. hello Sir,
    which one is better Management trainee(general) at central warehouse corporation or ibps po at canara bank?

    1. Hello Bhagya, Central Warehouse is a better option.

  24. hello sir sirf b.com wale hi banking kr skte h kya??

    1. Hello Vaishali, Sab Kar sakte hai all field.

    2. nhi tum bhi kar sakte ho

  25. I want banking recruitment updates regularly

    1. Hello Susheel, you connect with us regularly on our website and also our youtube channel it will regularly notify.

  26. Hi Guys,

    I am Shiva Reddy have Qualified for IBPS PO,I got job in Vijaya Bank in April 2017,Next step will be what and how many days they will provide training and starting take home will be how much and Location where they will provide.After how many days after i will get offer letter and location details.If you have example annexure please share to me it will help to me.

  27. Sir, i got RRB PO in Rajasthan Marudhara Gramin Bank and IBPS clerk in Punjab national bank, which one should i join….??

    1. Hello Gaurav, you should join PNB Clerk.

    2. Mr. Gaurav how can i search you on Facebook
      Plz tell me its about my future .i want to be a bank p.o. so i want ur advice for this

      Sir plz tell how can i search

    3. Hello Gaurav, You should join IBPS clerk.

  28. Sir today my graduation exam is completed.How to I prepare sbi po exam in one month and get success in first attempt..

  29. Sir sbi po exam qualify kare ke ley graduation me kitna percent jrure hai??

  30. Sir
    Mere graduation sir augest m complete ho jaye ga tho kya m PO aur CLEARK dono k liye eligible hu kya batana sir
    Please

  31. hi sir,

    i have given the interview of IBPS SO 2017 for Agricultural field officer my score in written exam is 19.60 when will be the final result of process delared

  32. Very use full

    Really.

  33. sir,
    I want to know basic divisional cutoff of both ibps and sbi po exam in details of maximum previous years you can provide.
    And strong and effective tips by which i can clear exam with top 20 students marks with self preparation.

    1. Shreya, Check Complete guide on How to Crack Bank Exam Without Coaching? here.

  34. Sir,
    Is Ibps SO-V Reserved list surely going to release on 31st March 2017?
    Sir is there any information of the selected candidates who were joined in their alloted Banks as AFO’s?
    I mean before release Reserved list is there any chance to know the reserve list vacencies of AFO in IBPS-SO V?
    Reply please.

  35. Sir ibps and sbi po me selection mains and interview me aye nu. Ke base Se Hota Hai ya graduation ke present bhi add key jate hai.
    And GD & Interview hindi me hota hai ya english me…

    1. Abhishek, No major role of graduation %. And Interview will be held in both languages.

  36. Sir,
    If an employee wants to appear in other competitive exam under her probation period, and wants to take leave for long for. What is the process and how much leaves bank supports to the the employee.

  37. Sir,
    Is Ibps SO-V Reserved list surely going to release on 31st March 2017?
    Sir is there any information of the selected candidates who were joined in their alloted Banks as AFO’s?
    I mean before release Reserved list is there any chance to know the reserve list vacencies of AFO in IBPS-SO V?

  38. Sir i if have selected for both prelim and main..and i get a oppertunity for interview..still there is a chance for rejection or not ?? Please help me

    1. Arvind, Interview is the final step. Hope for the best. Best of luck

  39. Hlw sir…
    Mera 2013 me kidney transplant hua tha tha essae sbi po ya ibps po ke selection me medical problems to nhi age???
    Plez help me sir……….

    1. No Problem rajveer.

  40. I am m a in English can I fill up the form of ibps s.o. form

    1. Jitendra, Check Complete IBPS SO Eligibility Criteria here.

  41. Sir, what will be the starting salary of PO.

  42. Hello every body.
    Mera selection ibps rrb madhy bihar gramin bank me po2 k post pe huwa hai.
    So mujhe gross salary kitni milegi

    1. Raju, Check Complete IBPS RRB Salary Structure and allowances here.

  43. Good morning sir….
    Sir b. Com 2nd year me mera ek subject me back lag gya tha use maine clear kar leya h or maine apne graduation bhi Complete kar le hai. To kya mai ibps and sbi po exam ke ley apply kar skta hu. Or 2nd year me jo back laga tha usse interview me koi problem hoge kya??
    Plez help me sir..
    Main banking sector me apna career banana chahta hoon….

    1. No Problem Aditya, You can apply for Both IBPS PO and SBI PO Exams.

  44. hello sir
    My b.com is about to compleate within two months .Am i eligible for ipbs exame or not

    1. Mohd, you can apply after graduation.

  45. I am studying first year bcom I am wishing to write dis exam after graduation could u please tell me sm magazines to prepare for dis exam

    1. Lavanya, Check this Bank Exam Preparation Guide for success.

  46. I have got a backlog in my degree which will be cleared this year…am i still eligible for the exam?

    1. Aseem, you will be eligible after completing your degree.

  47. Hi Sir,
    I have complete my MBA with Finance specilization with 74%. My DOB is 11th April 1988. Do i eligible for PO exam?

    Thanks & Regards,
    Saroj

    1. Saroj, You can apply for IBPS PO Exam.

  48. Is it possible to crack sbi/ibps po exam within study of 3month,if yes then how?
    can u suggest me properly?

    1. Shashank, You should read this Complete Guide on IBPS Exam Preparation Tips.

  49. What will be the gross pay for scale 2 officer GBO at ibps rrb 2016?

    1. Bhargav, Check IBPS RRRB GBO Officer Salary here.

  50. i am final year B.Tech(Mechanical) student expected to pass in the in june.am i eligible for IBPS 2017?

    1. Hiten, You will be eligible only after complete BE.

  51. Hello Sir, I am doing my graduation with b.SC ag. 3rd year so can I eligible for bank PO in last year..
    Sir plz suggest me..

    1. Sakshi, Complete Graduation required.

  52. Sir this is rajapandy I selected for ibps po vi interview but my degree certificate is lost by flood last year I have university provide duplicate degree certificate so document verification any affidavit or college authentication certificate produce or not please suggest me sir

    1. You should create an affidavit for safe side.

  53. sir i am doing btech . right now i am in 3rd year i would like to know when would i be eligible for ibps po exams as my final sem will be in 2018 june

    1. Swayanka, Complete your degree first.

  54. Sir how much salary are take ?

  55. Hello sir , actully my graduation will sum up in july 2017. Am i eligible for appearing for po in upcoming exam ?
    Thanking you!!

    1. Yes, Abhishek.

      1. Sir I have completed the graduation (B.COM)General in 2010 .my graduation % is only 38.61only pass.any problems in ibps po interview. Pls reply as soon as possible.

      2. You are eligible, no problem create in future.
        For more information Check here-IBPS latest Notification Are You Eligible for 2017? Check your Eligibility Here.

  56. Sir computer certificate course is compulsory or not and at least how many ℅ hould be in graduation for ibps

    1. Computer certificate compulsory for Clerk exam not for all. And No minimum % required in Graduation.

  57. Sir what will be the salary for Indian bank PO….2017 recruitment..?!

  58. I have got 40℅ in graduation and 67℅ in post graduation diploma so whether I am eligible for Po or not?

    1. Yes, Hemant you are eligible.

      1. yes ,

  59. Good evening sir,
    I have completed BE in Mechanical in 2015 and having average 57%
    So can I eligible for 2017 PO exam.

    1. Yes, Govind.

  60. i completed my degree through distance education.am i eligible to apply for next year’s po

    1. Yes, Sabarinath you can apply.

  61. When Wil the ibps po mains results be announced?

    1. December.

  62. sir I am student of B.sc (General)..so can I sit in IBPS RRB Scale 1,2.3 and also IBPS SO Scale 1,2 exam ?

    1. No Sushavan.

  63. Sir
    Please tell me what is the salary in hand ibps Po if I will do qualify this exam 2016-2017.

  64. Hello sir.
    I’M Lalit
    IBPS PO me ek hi exam Hoga ya doo exam hoge ..?

    1. Prelims and Mains.

  65. Hello Sir,

    I am a B-Tech graduate and working in an IT Firm for the past 5 years. My Date Of Birth is on 30/11/1987. Can I apply for 2017 IPBS exam? If yes, when will be the exam date and date of apply for the examination? Thanks in advance.

    1. Ragi, You shall apply Next year in July.

  66. Hello Sir,
    Good Evening!

    My date of birth is 04/04/1989. Can I apply for IBPS Clerk/PO Exam.
    Till which age I can apply for the same.

    1. 30 Years for PO and 28 Years for Clerk.

  67. wat is d cutoff in ibps po prelims and mains for pwd out of 100 in prelimns and out of 200 in mains

    1. Prelims = 15
      Mains = 30

  68. Sir i am having problem while downloading tha PO admit card..

    It is showing invalid credentials..

    Pls. Help!

    1. Deepak, Try with other computer.

  69. Sir mere application form me date galat dal gae h 17/7/2016 ki jaga 18/7/2016 dal gae h bad m koe dikat to nahi hogi

    1. Not an major issue.

  70. What is the last day of applying banking Po?

    1. Shubhangi, Last date is Over, Try next year.

  71. Hello sir
    This is Rohit
    Sit i have ccomplete my dca and bcom
    But sir i havnt diploma certificate of dca..can i aplly

    1. Yes, Rohit you can apply.

  72. Sir, i applied for pre exam training.
    Is it compulsory to attend?

    1. No Rani.

  73. Hi Sir,
    I am working in Software industry from last 5 years. I am MCA degree holder(Andhra University), passed out in 2009 and DOB is 01-07-1986 and belongs to OBC category.
    Please forgive me, my query is little big.
    Am I eligible for CWE RRB scale -3 officer(2016 notification) as I am having 5 years of IT experience in top 3 MNC.
    Also please let me know when will be next State bank Specialist officer exam notification will be released, if released does it contains both SBI and State bank associate banks jobs as well.

    Thank you for your help in advance.

    1. Yes, Yedukondalu you are eligible for IBPS RRB Officer Scale III Post. And Specialist Officer Notification will be released in November.

      1. Thank you very much sir.

        Please confirm once again about the specialist officer details. The notificatio only have SBI Specialist officer vacancies or all the state banks (SBI and its associate banks jobs as well- as associate banks are merging into SBI) vacancies as well.

      2. It is confirm at later stage.

  74. Hello sir,

    I want to know that can i apply for RRB OFFICE ASSISTANT AND OFFICER SCALE 1 at the same time.As i m eligible for both, please guide me sir.

    Thank you

    1. Yes, Aayushi.

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