IBPS PO Salary Structure in Details
|IBPS PO Salary details & Perks
|Total (without HRA)||36570|
|Gross with HRA||38703|
Dearness Allowance (DA):
Dearness allowance is 4% of basic pay and revised Quarterly for every 3 months which is based on banks.
Housing Allowance (HRA):
HRA – House Rental Allowance will be 9% to 7% from the basic salary. It may be vary based on place of posting.
- Special Allowance – 7.5%
- After Completion of one year service, you will get an increment of Rs 400 and Rs 500 for 2nd year.
Travel Allowance (TA):
Reimbursement of Official travel will be applicable for IBPS PO.
Medical allowance is paid annually. And for a clerk, it is fixed at Rs 8000.
Note: Salary is based on Public Sector banks revised banking norms only. To bring to your notice the promotion of an individual is based on the performance alone.
IBPS PO Promotion & Career Progression:
Junior Management Grade – Scale I: Officer i.e. PO
Middle Management Grade – Scale II: Manager
Middle Management Grade – Scale III: Senior Manager
Senior Management Grade – Scale IV: Chief Manager
Senior Management Grade Scale V: Assistant General Manager
Top Management Grade Scale VI: Deputy General Manager
Top Management Grade Scale VII: General Manager
Executive Director (ED)
Chairman and Managing Director (CMD)