IBPS PO Salary, Allowances, Job Profile & Career Growth @ www.ibps.in

IBPS PO Salary

IBPS PO Salary

IBPS PO Salary 2018-19 Overview

IBPS PO 2019 Salary: Dear Candidates, the much-awaited notification of IBPS PO 2019 is out now. The notification comes as a bliss to all the banking exam aspirants across the country who have been preparing for months and years. And, for sure, all of you must now be eager to know your work profile, growth and IBPS salary post your selection as a Probationary Officer in a Public Sector Bank. So, www.Recruitmenthunt.com is here with a descriptive details of the work profile, growth prospects and salary structure of a Probationary Officer who is posted in a Public Sector Bank after qualifying the examination conducted by IBPS every year. Moreover, aspirants should start their preparation once they have gone through the overall syllabus, recruitment procedure of IBPS PO.

IBPS PO is a competitive exam conducted by Institute of Banking Personnel Selection(IBPS). This means upon joining, the Probationary Officers will get a Basic Salary of Rs 23700. In addition to that there will be other allowances. The POs will also get an annual increment of Rs 980 for 7 years. The IBPS PO Salary After 2 Years will be incremented by 2 to 3 thousand approximately. IBPS PO Starting salary will be 30560/- Rupees and with other allowances as well. Aspirants who want to appear for IBPS PO 2019-20 the official notification of which has been released recently might be wondering about the IBPS PO Salary, job profile and career opportunities.

IBPS PO Recruitment Notification 2018

Name of the Board Institute of Banking Personnel Selection (IBPS)
Designation of Job Probationary Officer
Total no. of Vacancies 4252 Posts
Category Salary
Work Location Across India
Required Educational Qualification Graduation
IBPS Official website www.ibps.in
Mode of Application Online
IBPS PO Selection Procedure Prelims, Main Exam, and Personal Interview
Date of release of IBPS PO 2019 Official Notification 9th August 2019
IBPS PO Online Application Form available from 14th August 2019
Last Date to submit the IBPS PO Online Application Form 4th September 2019
Date of IBPS PO Prelims Exam 2019 13th, 14th, 20th and 21st October 2019
IBPS PO Mains Exam Date 2018 18th November 2019

IBPS Board has announced the recruitment of 4252 Probationary Officers for various Banks. This IBPS PO Recruitment 2018 is an excellent opportunity for the candidates who are eagerly  waiting for IBPS Bank Jobs. Thus, aspirants must utilize this and start preparing without wasting time. We are providing both IBPS PO Prelims Exam syllabus & IBPS PO Mains Exam Syllabus, Exam Pattern, Exam Dates, Recruitment Details, etc. below for your guidance. Therefore, aspirants can download IBPS PO Preliminary Exam Syllabus and IBPS PO Mains Syllabus along with the IBPS PO Exam Pattern 2018-19 from above.

Click here to download Previous Year Papers for Govt Jobs

Download IBPS PO Syllabus & Exam Pattern 2018

IBPS PO Salary, Allowances, Job Profile & Career Growth 2019

IBPS PO Salary & Allowances

A Probationary Officer in a Public Sector Bank gets a basic pay of Rs. 23,000 to Rs. 27000. are also added to  basic pay also includes various perks and benefits and the overall salary finally amounts to Rs. 39,000 to Rs. 42,000. The salary of a candidate also depends on the city/town of posting and the bank candidate is selected for.

The Basic IBPS PO Salary is: 23700-(980×7)-30560-(1145×2)-32850-(1310×7)-42020

Basic Pay after 7 years – Rs 30560
Basic Pay after 2 more years – Rs 32850
Basic Pay after 7 more years – Rs 42020

ibps bank po salary in hand

IBPS Probationary Officer Salary

Click here to download Previous Year Question Papers for Govt Jobs

Click Here For IBPS PO Recruitment 2019 Notification

 Probationary Officer Salary Structure in Details 2019

Basic Pay23700
Special Allowance1836
DA10163
CCA870
Total without (HRA)36570
HRA2133
Gross with HRA38,703
Medical AID8000
Entertainment500
NewsPaper300
Petrol3000
Telephone400
Canteen Subsidy400
Pension Contribution2500

IBPS PO Job Profile 2019

IBPS Probationary Officer is a well-paid post and is highly popular among all bank aspirants. After being hired as a bank PO, individuals have to go through a 2 years’ probation period. During this course of time, general banking training is provided to the officers. Candidates learn various roles, responsibility, baking terms and management work of the banks. If the performance of the officer is not up to the standards then the probation period is extended.

  • Probationary Officers and Managers in banks are into customer dealing, maintenance and supervising regular branch activities.
  • The job role or the work responsibility of a Probationary Officer of a Public Sector Bank is to look after public relations, monitor and regulate branch activities & tasks, address customer related issues & grievances, approve & monitor daily transactions of branch & customers and handle the processing of loans.
  • An Assistant Manager has to multitask and verify the work done by clerks whenever required. Also, she has to be aware of the policies and decisions made by the management so as to implement them for a smooth functioning of the branch.

Growth Opportunity

After getting selected for the post of a Probationary Officer, one is promoted to the post of Assistant Manager through an internal examination we previously discussed. These banks keep conducting internal examinations at regular intervals for the process of promotion. Apart from these internal examinations, one also gets promoted on the basis of his/her seniority. The growth chart of a probationary officer begins with the post of Assistant Manager and then he/she is promoted to the following posts:

  • Deputy Manager
  • Branch Manager
  • Senior Branch Manager
  • Chief Manager
  • Assistant General Manager
  • DGM
  • General Manager
  • Technologies.

<<Also, Check Notifications For All Government Jobs, here>>

Check IBPS PO Exam Pattern 2018-19

Download IBPS PO Salary 2018-19  @ www.ibps.in

Finally candidates can check IBPS PO Salary and pay scale here. So, applicants can make their preparation easier by following IBPS PO Syllabus. Download IBPS PO Exam Pattern along with IBPS PO Previous Year Papers through this article. Also, for more job updates subscribe and stay tuned to our website RecruitmentHunt.

Updated: December 28, 2018 — 4:16 am

The Author

Harsh Manish

Leave a Reply

Your email address will not be published. Required fields are marked *