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Ans. The basic pay of an employee joining any IBPS bank as a Probationary Officer is Rs.23,700. This gradually increases with the multiple increments over a period of time.
Ans. The IBPS PO salary is slightly less than the salary paid to a Grade B Officer in RBI. The overall perks and allowances are also almost the same for IBPS and RBI.
Ans. The IBPS PO exam is equivalent to any other Officer scale exam in the banking sector. The syllabus is exhaustive and candidates need to have a clear idea about every topic in detail to qualify the examination.
Ans. The starting basic pay of a Clerk in IBPS is Rs.11765 which is a lot less than the IBPS PO salary. Candidates can check the detailed IBPS Clerk salary structure at the linked article.
The IBPS PO salary is one of the main driving force for candidates appearing for the post. The bank PO job has always been the choicest career option in India. The Bank PO salary is one of the major reasons for candidates to get into the banking domain apart from security, lucrative perks and allowances.
The basic salary for the IBPS PO post is Rs 23700/-. Apart from this, there are other allowances for medical expenses, house rent, travel, etc. There are several increments which are added to the IBPS PO salary as an employee continues to work in the bank.
Prepare for the Probationary Officers exam with the Free Online IBPS PO Mock Test Series.
Also, refer to the links given below and ace the IBPS PO 2021 exam:
Candidates can know more about other IBPS exams at the linked article.
This article is aimed at providing details on the salary structure of the IBPS PO and other aspects like career growth and responsibilities.
Given below are a few other salary articles for the various posts under the banking sector:
Bank PO salaries revision takes place on the basis of bipartite settlement. As for the IBPS PO salary 2021, the salary shall be decided based on the Bipartite settlement.
The IBPS PO salary based on the 2021 notification is as mentioned-below:
Salary after 1st Increment- Rs. 30560/-
Salary after 2nd Increment-Rs. 32850/-
Salary after 3rd Increment- Rs. 42020/-
For details on other bank salary range , refer to the linked article.
Apart from these allowances, there are other perks tagged along with the IBPS PO Salary in India.
Before getting into the details of IBPS PO Salary in India, the aspirants should know the various participating banks.
The participating banks for the IBPS PO posts are given below:
Candidates in anticipation of IBPS exam calendar 2021 can check the IBPS exam dates at the linked article.
The fruitful career options that follow after owning the post of IBPS PO is given below:
Getting the designation of IBPS PO is very lucrative. However, there are many job responsibilities that have to be taken care of.
The various responsibilities of IBPS PO are given below:
There are other government exams which also have great designation, career, and salary.
Aspirants applying for the post of IAS officer can check the IAS salary at the linked article.
Ans. The IBPS PO selection process includes three stages:
Only when a candidate qualifies all the three stages of examination, he/she is appointed as a Probationary Officer.
40% of the basic pay(Varies based on inflation rates)
3% or 4%(depending on the place of posting)