In this article, we will discuss the IBPS PO Salary and Job Profile for the candidates who will apply for the Post. The Institute of Banking Personnel Selection (IBPS) will invite the online application for the recruitment of Probationary Officer/ Management Trainee in the Participating Organizations. They will conduct an online examination for the selection of the Probationary Officer/ Management Trainee.
On the basis of the previous year’s notification, it is expected that they will release the IBPS PO Notification 2020 in the month of August 2020. Eligible students should fill the application form when the link is active before the deadline is over They will release the IBPS PO Admit Card a few days before the preliminary exam date on the official website.
According to the IBPS PO Salary, the basic pay is Rs 23700/- per month.
You can get a direct link to the IBPS PO Admit Card 2020 from this article. Students should regularly visit the official website for further updates on the exam.
IBPS PO Important Details
The applicant can check the important details of the recruitment from the table given below:
Name of the exam | IBPS Probationary Officer |
Conducting Body | Institute of Banking Personnel Selection (IBPS) |
Age Limit | The age limit should be between 20 years to 30 years |
Job Location | Across India |
Qualification | Graduation or equivalent degree in any discipline from the recognized University/Institution |
Selection Process | Stage-I: Preliminary Examination Stage-II: Main Examination Stage-III: Interview/ Provisional Allotment |
Official Website | Click Here |
IBPS PO Salary Perks & Allowances
You can check the IBPS PO Salary from the table given below:
Post Name | Basic Pay | IBPS PO Salary Pay Scale | Gross Monthly Pay | House Rent Allowances(HRA) | City Compensatory Allowance | Dearness Allowance | Special Allowance |
IBPS Probationary Officer | Rs 23700 per month | 23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020 | Rs 35,700-Rs 38,700 per month | 7%-9% of the basic pay( Depends upon the classification of the city) | 0%-4% of the basic pay( Depends upon the classification of the city) | 40% of the basic pay | 7.75% of the basic pay |
- Travelling Allowances
- Medical Aid
- Leave Travel Concession
- Pension Schemes
- Leased Accommodation
- Newspaper Allowances, and etc
IBPS PO Salary Increment
You can get an idea about the IBPS PO Salary Increment from the table given below:
Increment Percentage | Basic Pay | Gross Salary |
15% | Rs 26,706 | Rs 37,068 |
20% | Rs 27,866 | Rs 38,678 |
25% | Rs 29,026 | Rs 40,288 |
30% | Rs 30,187 | Rs 41,899 |
IBPS PO Salary: Participating Organizations
You can check the name of all the participating banks from the list given below:
- Allahabad Bank
- Canara Bank
- Indian Overseas Bank
- Syndicate Bank
- Andhra Bank
- Central Bank of India
- Oriental Bank of Commerce
- UCO Bank
- Bank of Baroda
- Corporation Bank
- Punjab National Bank
- Union Bank of India
- Bank of India
- Indian Bank
- Punjab & Sind Bank
- United Bank of India
- Bank of Maharashtra
IBPS PO 2020 Important Dates
You can check the tentative dates of the exam from the table given below:
Events | Dates ( Tentative) |
IBPS PO Notification 2020 | August 2020 |
Application Form release date | To be notified later |
IBPS PO Admit Card 2020 | Few weeks before the exam date |
Preliminary Exam | To be notified later |
Preliminary Exam Result | To be notified later |
IBPS PO Job Profile:
The role of the IBPS PO comprises of the following responsibilities:
- IBPS PO needs to take care of customer support and resolve customer queries on time.
- The responsibility of the IBPS PO is to provide supervision to clerks of various departments in the assigned task.
- IBPS PO responsibility is to manage the daily activities and proper functioning of the branch.
- The work responsibility of IBPS PO is to perform all the duties assigned by the department head.
- IBPS PO responsibility should have good practical knowledge. They are required to handle daily transactions, process loans, and ensure the smooth functioning in the assigned departments.
- The work responsibility of IBPS PO is to perform all the duties assigned by the department head.
IBPS PO Salary: IBPS PO Promotion Scale
If you’re applying for the post of the IBPS PO, you must be aware of the Career growth in this sector. You can check the points given below to know the promotion scale of IBPS PO:
- After joining the IBPS PO, your career growth will be in the following order:
- Middle Manager
- Senior Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Executive Director
- Chairman & Managing Director
- Promotion Test: This is a golden opportunity for all the IBPS PO who want to see a growth in their career. They just need to prepare well & appear in the internal examinations and if they clear it they can be promoted to higher posts.
- Experience & Performance: IBPS PO Post can also be promoted to the higher post based on their experience, period of service, and their performance.
Useful Links For IBPS PO
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