IBPS PO Salary & Job Profile- IBPS offers competitive compensation to their Probationary Officers, which is why every year graduates race to apply for this position. Many banking applicants are perplexed about which banks offer salaries in accordance with the 7th Pay Commission. However, the bank uses a bipartite settlement to revise the IBPS PO Salary.
In this post, we addressed the remuneration and everything a bank applicant looks forward to before starting as a Probationary Officer in one of IBPS’s 11 member institutions. The 11th Bipartite Agreement, which was signed in November 2020, was used to determine the new IBPS PO wage.
IBPS PO Salary & Job Profile 2025
IBPS PO salary includes several allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowance, City Compensatory Allowance (CCA), and other benefits based on the location of posting. These allowances help to make the entire IBPS PO compensation package appealing.
The IBPS PO 2025 compensation structure, as well as other facts about the job profile, career growth opportunities, and promotion procedures, are critical factors that candidates should examine before accepting a position as a Probationary Officer in one of IBPS’s 11 participating banks. The basic pay has been raised to Rs. 36,000, and the amended IBPS PO Salary is effective November 2017.
IBPS PO Salary & Job Profile 2025 Overviews
| Article | IBPS PO Salary & Job Profile 2025 |
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Basic Pay & Allowances
The basic pay for a new IBPS PO is ₹36,000, with the following additional allowances:
| Allowance Type | Amount (₹) |
| Special Allowance | ₹5,904 |
| Dearness Allowance (DA) | ₹8,593.20 |
| City Compensatory Allowance (CCA) | ₹1,400 |
| Learning Allowance | ₹600 |
| DA Others | ₹1,552.50 |
| House Rent Allowance (HRA) | ₹3,240 |
Gross Salary & Deductions
The total gross salary, which includes the allowances mentioned above, amounts to ₹57,289.70. After deductions, which generally include tax and the National Pension Scheme (NPS), totaling ₹4,659.32, the in-hand salary is approximately ₹52,630.38. This salary can vary slightly based on the city of posting and the applicable allowances.
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IBPS PO Salary Post Increment
The salary structure of IBPS PO has been revised after the 11th Bipartite Agreement, resulting in a significant salary hike. The new basic pay is now ₹48,480, and the gross salary stands at around ₹83,125. After deductions of around ₹13,835, the net in-hand salary reaches ₹69,290. This increase is part of an effort to improve the compensation of banking professionals and is aligned with the recommendations of the 7th Pay Commission.
Increment After Bipartite Agreement
The recent 15% increment for IBPS PO officers has led to a revision in the salary structure, with subsequent increments based on performance and seniority. The details of the increments are as follows:
| Increment Percentage | Basic Pay (₹) | Gross Salary (₹) |
| 15% Increment | ₹26,706 | ₹37,068 |
| 20% Increment | ₹27,866 | ₹38,678 |
| 25% Increment | ₹29,026 | ₹40,288 |
| 30% Increment | ₹30,187 | ₹41,899 |
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Job Profile of IBPS PO
The role of an IBPS PO is multi-faceted and involves a variety of responsibilities that contribute to the overall functioning of a bank. During the probation period, POs undergo training in various banking operations, including finance, billing, accounting, collections, and investments. Some of the key duties include:
- Resolving customer queries
- Supervising branch activities
- Handling daily transactions
- Processing loans and financial products
- Bringing new business to the bank branch
Career Growth & Promotion
IBPS PO offers a clear path for career progression, with numerous opportunities for promotion based on merit and performance. The various promotion stages and associated salary ranges are as follows:
| Post | Promotion | Salary Range (₹) |
| Middle Management Grade Scale II (Manager) | Middle Management Grade Scale II | ₹31,705 – ₹45,950 |
| Middle Management Grade Scale III (Senior Manager) | Middle Management Grade Scale III | ₹42,020 – ₹51,490 |
| Senior Management Grade Scale IV (Chief Manager) | Senior Management Grade Scale IV | ₹50,030 – ₹59,170 |
| Senior Management Grade Scale V (Assistant General Manager) | Senior Management Grade Scale V | ₹59,170 – ₹66,070 |
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IBPS PO Allowances & Perks
In addition to the salary, IBPS PO officers are entitled to a range of benefits and perks that make the position even more attractive:
- Leased Accommodation: Available based on the place of posting, with varying scales for tier 1, tier 2, and tier 3 cities.
- Traveling Allowance: A fixed allowance and reimbursement for petrol bills.
- Medical Aid:₹80,000 per annum for medical expenses.
- Newspaper Reimbursement: A fixed monthly amount for subscribing to newspapers.
- Pension Scheme: Employees are covered under the New Pension Scheme, offering long-term financial security.
Conclusion
The IBPS PO salary structure offers a competitive compensation package that is enhanced by a variety of allowances and benefits. The attractive salary, along with the potential for career growth and job security, makes the IBPS PO position highly sought after. Candidates can look forward to a fulfilling career in the banking sector with ample opportunities for professional development and personal growth.
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IBPS PO Salary & Job Profile FAQ’S
What is the starting salary of an IBPS PO?
The starting salary of an IBPS PO is ₹48,480 basic pay with a gross salary of approximately ₹83,125.
What allowances are included in the IBPS PO salary?
IBPS PO receives allowances like Special Allowance, DA, CCA, Learning Allowance, and HRA.
What is the career growth for an IBPS PO?
IBPS PO can be promoted to roles like Manager, Senior Manager, Chief Manager, and Assistant General Manager.
How does the IBPS PO salary increase over time?
IBPS PO salary increases by increments, such as a 15% increment leading to a basic pay of ₹26,706.
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