Probationary Officer (PO) Salary Details 2016 – 2017 Payscale and Allowance

IBPS PO Probationary Officer Wages/Salary/Allowance/Payscale

What IBPS PO Salary? आईबीपीएस पीओ की सैलरी – is a popular question among all banking aspirants preparing for IBPS PO exam. Good news for all of you that the department will improve IBPS official test of the pay scale this year.

Check the information about it, such as starting salary, facilities, services, pay grade, salary after the probation period, salary after 10 bipartisan reviews of salaries and 7th payment of commissions, and other useful information on ‘IBPS exam 2016, etc.

Candidates do this several times larger question my wages after removing IBPS PO exam. Here in this article IBPS Recruitment Guide provides the story behind the inch increments and promotions IBPS salary package. Registration begins – IBPS PO online here.

IBPS PO structure in detail wages

आईबीपीएस पीओ सैलरी का ढाचा – Test Officer (PO) is a starting level position of an officer in a bank. So you stayed in one to two years of probation also called a training period. In the core functions and essential to a position in the bank has learned.

Here is a comprehensive guide to employment IBPS PO, you must prove that he knows what will work after the selection. His salary will be different after recruiting several IBPS PO Participating banks according to bank policy here we are talking about overall official salary for PO IBPS Probation and after the trial period.

IBPS PO 6 Salary details 2016 – 2017
Basic Pay 23700.00
Special Allowance 1836.75
DA 10163.63
CCA 870 
Transport Allowance – 
Total (without HRA) 36570.38
HRA  2133.00
Gross with HRA 38703.38
Medical Aid 8000
Entertainment 500
Newspaper 300
Petrol 3000
Telephone 400
Canteen Subsidy 400
Pension Contribution 2500
Gross Annual CTC (with HRA but without leased accommodation) 5,57,640.52

IBPS Bank PO Wages and Benefits

Check other principal payable monthly benefits in the treatment of IBPS PO. You can check the details here. In addition to the basic payment, bank officials (ie officers / students PO / Test Management) are eligible for the following tasks –

1. Dearness allowance (DA) – A cost of living adjustment is paid to all government officials and the public sector probation. It is reviewed quarterly and based on the consumer price (CPI). DA calculation depends on inflation. DA can go with higher inflation and also decline if the inflation rate is negative.
2. HRA – It depends on the place of displacement, and can be either 9.0% or 8.0% or 7.0% depending on the delivery location.
3. Special Assignment – This will add 10 BPS and scale, I 7.75% on DA (WEF 01/11/2012) is also paid.
4. CCA – This also depends on the place of issue and can be either 4% (maximum Rs.870 / -) or 3% (Maximum Rs.600 / -) or 0%
5. Transportation allowance – is paying commuting and office.

Other advantages and extras available for the Postal Bank (बैंक पीओ के अन्य लाभ और भत्ते)

Here are different types of other benefits applied to IBP official PO. It may be different in each bank. Bank gives some primary and general benefits are mentioned here check the details. (Note – the nominal value of the benefits offered by banks, SBI, there is one bank in India, giving more benefits and facilities to their employees compared to other nationalized banks.).

  • Housing for rent – This service is available to the agents of the bank rather than HRA. Furthermore, it will vary from bank to bank and depends on the movement locus. Some banks may offer official centers hosting / bank bag instead of rented dwellings.
  • Travel Allowance – Most banks provide a travel allowance and reimbursement fixed gasoline bills.
  • Medical aid – an amount that is attached to your medical needs (revised price is RS8000 / – P.A.)
  • The repayment of the press: a fixed monthly amount is paid to the cost of a newspaper
  • Coverage under the new pension plan

Some of the other benefits as online, but can vary to a bank and place of publication (rural towns / semi-urban / metro). Such as entertainment, phone, Grant canteen, etc.

PO Salary After bipartite Solution 10:

After the salary review, 10 bipartite formed an increase of 15% of salary IBPS PO. expected increase in wages after the authorization of the Association of Indian Bank (AIB) exam.

Increment (Percentage) % Basic Pay Gross Salary
15 % Rs.26,706/- Rs.37,068/-
20 % Rs.27,866/- Rs.38678/-
25 % Rs.29,026/- Rs.40,288/-
30 % Rs.30,187/- Rs.41,899/-

7th Pay Commission effect on wages

सातवें वेतन आयोग का सैलरी पर असर – Most candidates assuming the salary bank employees will also increase after 7 Payment of the commission, but all banks have their different method to calculate the increase in wages does not follow payment commissions.

Association (IBA) Chairman Shri T M Bhasin said that Indian banks here no effect it will pay after 7 inch IBPS commission payment. About bank employees Lac 9 public sector bank in India and waiting for any bipartite wage 10th bank.

And is also expected that the Government of India to include bank employees under the seventh pay commission. Wait for further notice.

PO Carrera and Promotions –

The agents of the post-test period will spend a period of two years as a trial period. It is also known as a period of training where you learn the basics and the different types of work of a bank employee. After completion, it will be subject to a selection process. According to the performance, the department will give the investment in the next highest level of management scale average grade II. And other employees who do not meet the official will be assigned to junior management grade scale-I.

Bank offers great opportunities for growth within the Bank, as well as opportunities to travel abroad. the coupling of the Bank’s promotion policy provides an opportunity for brilliant officers of success in the management of the highest quality in a short time.

Promotions :

  • Public sector banks have career options for all defined employees. Maybe his performance plays an important role in career advancement. Most senior officers began his career ladder I.
  • As I already said, that employees who work hard and well informed will be assigned to a larger scale in a short time.
  • Most bank officials come to the position of CEO in 14 years. After the CEO or president of a bank. These are the positions of the highest senior levels of the bank approved by the government.
  • In the public sector banks, you can have the opportunity to work abroad. Many banks have their branches outside the country as well.
Career progression for Probationary Officers in Banking Sector with Salary
Junior Management Grade – Scale I: Officer i.e. PO 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
Middle Management Grade – Scale II: Manager 31705 -1145 -32850 -1310 -45950
Middle Management Grade – Scale III: Senior Manager 42020 -1310 -48570 -1460 -51490
Senior Management Grade – Scale IV: Chief Manager 50030 -1460 -55870 -1650 -59170
Senior Management Grade Scale V: Assistant General Manager 59170 -1650 -62470 -1800 -66070
Top Management Grade Scale VI: Deputy General Manager 68680 -1960 -76520
Top Management Grade Scale VII: General Manager 76520 -2120 -85000
Executive Director (ED) Approx 1.5 + lac
 Chairperson and Managing Director (CMD) Approx 2 + lac

Note: – IBPS PO salary can vary depending on location and the bank is concerned. Salary metro and rural towns can be different.

Meanwhile, IBPS PO wages in India are the same in the cities of Delhi, Mumbai, Hyderabad, Jaipur, Kolkata, Uttarakhand, Andhra Pradesh, Assam, Bihar, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal, etc.

We hope this comprehensive guide “IBPS PO Salary” is obvious doubts, and now has a clear answer to this question How much salary IBPS PO? And what is the gross salary? Etc. If I missed something here, we can mention here suggestions and inquiries, use our comments section.

For any discussion about what is the wage IBPS Bank PO? Or latest updates IBPS PO exam, you can subscribe to our newsletter or joining our Facebook page. Check other items in IBPS exam.

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