Salary of IBPS PO 2024– Starting Salary, Promotion Allowances & Bonus

Check out the Latest Topic Details of Salary of IBPS PO 2024 – Starting salary, Promotion Allowances & Bonus. Institute of Banking Personnel Selection (IBPS) recruits the Qualified candidates for the post of Probationary Officer in India’s most prominent public sector banks. Here we provide the Information for The Amount of Salary for IBPS PO Post, Starting salary, Promotion Allowances & Bonus. The IBPS Salary of IBPS PO may be varied according to the location and bank-wise like Salary in Metro and Salary in Rural Cities may differ in Amount.

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Salary of IBPS PO

The Selection of the Test Qualified candidates can join as the post of Probationary, the Selected candidate will serve 2 years of Period after which you will be Assistant Manager in the assigned Public Sector Bank. And after the completion of the Allowed Period, the banks usually conduct an internal examination.

Few rules and structures may vary from bank to bank and after the exam, if a candidate fails to pass, his/her Allowed period is extended and upon successfully passing the exam he/she is assigned the post of Assistant Manager. the Following is the Estimated pay for the post of Salary of IBPS PO Probationary below,

Basic Pay

Gross Salary

Increment (Percentage) %

Rs.26,706Rs.37,06815 %
Rs.27,866Rs.3867820 %
Rs.29,026Rs.40,28825 %
Rs.30,187Rs.41,89930 %

Salary of IBPS PO Promotion Allowances & Bonus 2024

Salary of IBPS PO has been revised as per the 7th Pay Commission introduced by the Government of India.  Various allowances are also added onto as the salary components after which the salary may range huge amount. The Salary of IBPS PO can also vary according to the place of posting and from one bank to another. The following are the Promotion Allowances After the post-Probationary.

  • Officer- Junior Management Grade Scale I
  • Manager – Middle Management Grade Scale-II
  • Senior Manager – Middle Management Grade Scale III
  • Chief Manager – Senior Management Grade Scale IV:
  • Assistant General Manager Senior Management Grade Scale V
  • Deputy General Manager – Top Management Grade Scale VI:
  • General Manager – Top Management Grade Scale VII:
  • Executive Director (ED)
  • Chairman and Managing Director (CMD)

The Salary of IBPS PO is selected as a good career option because it has many bonuses such as it has tremendous job opportunities, challenging job tasks, excellent promotion policies, wonderful salary packages and job perks, fewer duty hours, great leave policies, stress-free environment, the opportunity to work in abroad, free trips across the country.

IBPS PO Participating Organizations

  • Punjab & Sind Bank
  • Vijaya Bank
  • Allahabad Bank
  • Canara Bank
  • Indian Bank
  • Syndicate Bank
  • Andhra Bank
  • Central Bank of India
  • Indian Overseas Bank
  • UCO Bank
  • Bank of Baroda
  • Corporation Bank
  • Oriental Bank of Commerce
  • Union Bank of India
  • Bank of India
  • Dena Bank
  • Punjab National Bank
  • United Bank of India
  • Bank of Maharashtra
  • IDBI Bank

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