IBPS PO Salary Structure 2018 details are given here. Aspirants can know IBPS CRP PO PayScale, Job Profile. Contenders can also check updated IBPS Probationary Officer Salary information and career growth. View www.ibps.in PO in hand Salary, Promotions. Applicants must see career growth options, IBPS CWE PO Per Month Salary 2018.
Exam Overview
IBPS PO Salary – Allowances, Job Profile
Candidates can check complete information about IBPS PO Starting Salary on this page. Here we are providing details of IBPO PO Basic Pay, TA, HRA and other allowances. Applicants can also know the amount to be received with the help of IBPS Probationary Officer Grade Pay. So postulants must refer Increments, Career growth, promotions in the following sections.
Institute of Banking Personnel Selection is recruiting people to fill 4102 Probationary Officer vacancies. All the interested candidates can apply for IBPS PO Jobs. We are suggesting intenders to know exact Salary For IBPS PO before going to apply. Job aspirants can know initial IBPS PO Salary & Pay during probation period (if any), Salary Increments & Promotions.
Brief Info – IBPS PO 2018 Salary In Hand
| IBPS CRP PO VIII Salary Details | |
| Name of the Organisation | Institute of Banking Personnel Selection |
| Job Role | CRP PO/MT-VIII |
| Total no. of Vacancies | 4102 Jobs |
| Application Mode | Online |
| Starting date for applications | 14 August 2018 |
| Last date for applications | 4 September 2018 |
| Category Name | Salary |
| Work Location | Pan India |
| Admit Card date for Pre Exam Training | September 2018 |
| IBPSC PO Pre Exam Training date | 1 October 2018 to 7 October 2018 |
| Selection Procedure | Written test (Prelims & Mains), Interview |
| IBPS PO Prelims Written Exam Date | 13.10.2018, 14.10.2018, 20.10.2018 and 21.10.2018 |
| download of Call Letter for Prelims | October 2018 |
| IBPS PO Mains Test date | 18 November 2018 |
| Hall Ticket date for Mains Exam | November 2018 |
| Job Category | Bank Jobs |
| Official Site | www.ibps.in |
IBPS PO Job Profile – Responsibilities
The shortlisted individuals from IBPS CWE 8 Recruitment 2018 will get PO Jobs. Job holders will undergo a training period of 2 years (It may vary from bank to bank). Those intenders will be posted in Rural/ Urban banks as Probationary Officer. PO also called as Assistant Manager (Scale I), Junior Manager of Grade I, Scale I Officer.
< IBPS PO Syllabus & IBPS PO Exam pattern >
- Institute of Banking Personnel Selection will train in multiple sections such as Billing, Finance, Accounting., Investment etc. to place them in different working procedures of various banks.
- Employees must take care of the duties like Planning, Budgeting, Investment Management & Loan Processing etc.
- The main responsibility of the Probationary Officer is handling customer complaints, maintaining the business of the bank, finding customer related issues like errors in accounts, deduction of charges etc.
New IBPS PO Monthy Salary Structure
| IBPS PO Salary after 7th Pay Commission & Perks | |
| Basic Pay | 23,700 |
| Special Allowance | 1,836 |
| DA | 10,163 |
| CCA | 870 |
| Total (Without HRA) | 36,570 |
| HRA | 2,133 |
| Gross with HRA | 38,703 |
| Medical Aid | 8,000 |
| Entertainment | 500 |
| Newspaper | 300 |
| Petrol | 3,000 |
| Telephone | 400 |
| Canteen Subsidy | 400 |
| Pension Contribution | 2,500 |
< Download IBPS PO Admit card PDF>
Institute of Banking Personnel Selection PO Salary Allowances
On this section, contenders can have a look at the dear allowances (DA), House Rent, Travel Allowances, Medical Allowances and other allowances. IBPS PO Salary Allowances are purely based on the bank. Here we are giving sample information.
The basic in hand IBPO PO Salary is Rs. 23,700/-
Dear Allowances (DA)
DA is 4% of basic pay and revised quarterly every three months.
Housing Allowance (HRA)
House Rental Allowances may be from 9% to 7% of basic pay. While Special Allowance for IBPS PO is 7.5%. And after completion of one year service, employees will be getting Rs. 400 to 500 as an increment.
Travel Allowance (TA)
Only official travel is considered for Travel Allowances.
Medical Allowance
For IBPS Probationary Officer Post, Medical Allowance is paid annually. But for Clerk it is Rs. 8,000/-
IBPS Probationary Officer Career Growth
The career growth is very fast in the banking sector, especially for POs. IBPS Probationary Officers can get promotion as Grade II officers within 3-5 years of experience. To get promoted in the higher designation, employees need to take a few written exams and interview process. POs can be easily moved to Manager, Assistant General Manager etc.
Promotions of IBPS PO
| 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 + lakh |
| Chairperson and Managing Director (CMD) | Approx 2 + lakh |
Provided data about IBPS PO Salary is beneficial for the individuals. Follow our site to get Rojghar Samachar for State & Central Govt Jobs, Bank Jobs etc.
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