IBPS PO Salary: As per the 12th Bipartite Settlement, the IBPS PO salary is between ₹74,000 and ₹76,000 per month. The starting salary is ₹48,480 plus allowances. Along with the allowances, there are some deductions also, and the final in-hand salary comes around ₹76,430.77. The pay scale for IBPS PO is ₹48,480-2,000(7)-62,480-2,340(2)-67,160-2,680(7)-85,920, which ensures regular increments over time. The detailed IBPS PO Salary Structure is discussed in the article below.
IBPS PO Salary 2025
The IBPS PO offers an attractive salary package along with multiple perks and allowances. The initial basic pay is ₹48,480, and when combined with allowances like DA, HRA, Special Allowance, and others, the gross monthly salary comes to around ₹90,732.77. After standard deductions such as NPS, the in-hand salary amounts to approximately ₹76,430.77. This competitive salary structure, along with job stability and career growth, makes the IBPS PO post a highly desirable opportunity in the banking sector.
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IBPS PO Basic Salary
The basic IBPS PO Salary is ₹48,480, and the gross salary is approximately ₹90,732. After several allowances and deductions like NPS, IT, etc., the IBPS PO in hand ranges between ₹74,000 and ₹76,000 per month.
- Basic Pay: The initial basic pay is ₹48,480.
- Pay Scale: The pay scale for IBPS PO is Rs 48,480–1,740(7)–60,660–2,130(2)–64,920–2,680(7)–85,920 with increments over time.
- Gross Salary: The gross salary before deductions is approximately ₹90,732.77.
- In-Hand Salary: After deductions, the net in-hand salary for an IBPS PO is approximately ₹76,430.77 per month (may vary as per posting location).
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IBPS PO In-Hand Salary
The In Hand IBPS PO Salary is ₹76,430.77 per month after several deductions and allowances. However, it may vary depending upon the location of the employee and range between ₹74,000 and ₹76,000 per month.
IBPS PO Salary Structure
The IBPS PO 2025 pay structure begins with a basic pay of ₹48,480. The pay scale for IBPS PO is ₹48,480-2,000(7)-62,480-2,340(2)-67,160-2,680(7)-85,920, which ensures regular increments over time. On top of the basic, probationary officers receive multiple allowances, including
- Dearness Allowance (DA) at 23.87%,
- Special Allowance of approx. ₹12,847.20,
- HRA ranging from 7% to 9%,
- City Compensatory Allowance (CCA) up to 4%, and
- Learning Allowance of ₹850.
- Other benefits include reimbursements and perks like travel, medical aid, and newspaper allowance. After deductions like professional tax (₹200) and NPS contributions, the net salary is around ₹76,430, making IBPS PO a highly sought-after role in Indian banking.
| Component | Amount (₹) |
|---|
| Basic Pay | ₹48,480 |
| Special Allowance | ₹12,847.20 |
| Dearness Allowance (DA) | ₹10,277.76 |
| City Compensatory Allowance (CCA) | ₹2,300 |
| Learning Allowance | ₹850 |
| Learning Allowance DA | ₹180.20 |
| House Rent Allowance (HRA) | ₹4,848 |
| Gross Salary | ₹90,732.77 |
| Deductions (Tax & NPS) | ₹14,302 |
| Net In-Hand Salary | ₹76,430.77 |
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IBPS PO Salary per Month
The IBPS PO per month salary is between ₹74,000 to ₹76,000, which varies based on the city of posting and bank-specific allowances. The total compensation is enhanced by various components such as Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowance, and additional perks. These allowances are regularly revised as per industry norms, ensuring steady salary growth throughout the officer's career.
What is the IBPS PO Salary after the 12th Bipartite Settlement?
The IBPS PO Salary after the 12th Bipartite Settlement is in the range of ₹65,000 to ₹70,000. The 12th Bipartite Settlement is effective from April 2024, is expected to bring higher salaries and better allowances for bank employees. Check the comparision between the 11th and 12th Bipartite settlement below.
| Settlement | Effective From | Net Salary (₹) | Key Benefits |
|---|
| 11th Bipartite Settlement | Nov 2017 – 2023 | ₹52,000 – ₹55,000 | DA revisions, consistent pay hikes |
| 12th Bipartite Settlement | April 2024 – 2029 | ₹65,000 – ₹70,000 | Revised pay scale, new enhanced allowances |
IBPS PO Allowances
Along with the basic pay, IBPS POs enjoy multiple allowances and additional benefits such as:
- Dearness Allowance (DA): Calculated as a percentage of the basic pay and revised quarterly according to CPI data; presently around 19.83%.
- House Rent Allowance (HRA): Varies between 7% and 9% of the basic pay, based on the place of posting.
- Special Allowance (SA): About 7.75% of the basic pay, effective since January 2016.
- City Compensatory Allowance (CCA): Between 0% and 4%, depending on the classification of the city.
- Learning Allowance: Provided for skill upgradation and professional training.
- Travelling Allowance: Covers or reimburses travel costs during official work.
- Newspaper Allowance: Monthly reimbursement for newspaper subscription.
- Medical Facilities: Financial aid for health and medical expenses.
- New Pension Scheme Benefits: Retirement benefits as per NPS guidelines.
IBPS PO Deductions
Along with the allowances, there are some deductions also in the IBPS PO Salary:
- Professional Tax: Around ₹200 per month.
- Pension Contribution: Employee contribution of about ₹5,876 per month, matched by the employer.
- Total Deductions: Generally add up to approximately ₹14,300 per month.
IBPS PO Salary After 5 Years
After completing around five years of service, an IBPS PO can expect a substantial increase in their monthly take-home salary. With regular increments, promotions, and allowances like DA, HRA, and Special Allowance, the in-hand salary typically ranges between ₹60,000 and ₹70,000, particularly for officers posted in metro cities. By this stage, officers also gain valuable experience in banking operations, which can enhance career growth and eligibility for higher responsibilities.
IBPS PO Salary After 10 Years
With a decade of service, an IBPS PO's earnings see significant growth due to promotions, annual increments, and higher allowances. After 10 years, the monthly in-hand salary can reach ₹90,000–₹1,00,000 or more, depending on the posting and additional benefits. At this stage, officers may hold senior managerial positions, handle larger teams, and enjoy greater responsibilities, making the IBPS PO role one of the most rewarding careers in the banking sector.
IBPS PO Job Profile
The job profile of an IBPS Probationary Officer (PO) involves handling day-to-day banking operations, customer service, loan processing, and supervising staff. A PO is also responsible for promoting financial products, ensuring compliance with bank policies, and achieving business targets. This role offers excellent learning opportunities and steady career growth within the banking sector.
| Role/Responsibility | Description |
|---|
| Customer Service | Addressing customer queries, resolving issues, and ensuring smooth service. |
| Account Management | Opening accounts, managing deposits, withdrawals, and monitoring transactions. |
| Loan Processing | Assisting in loan applications, verifying documents, and sanctioning credit facilities. |
| Cash & Payments | Supervising cash transactions, fund transfers, and maintaining records. |
| Supervision | Guiding clerical staff, ensuring compliance with banking rules and procedures. |
| Business Development | Promoting bank products like insurance, mutual funds, and fixed deposits. |
| Audit & Verification | Checking reports, verifying documents, and ensuring error-free operations. |
| Policy Implementation | Executing policies and guidelines issued by higher authorities. |
| Career Growth | Opportunities to rise from PO to higher positions like Manager, AGM, DGM, and GM. |
What are the responsibilities of an IBPS PO officer?
IBPS POs are responsible for a wide range of tasks that ensure the smooth functioning of the bank branch. Their major duties include:
- Handling customer queries and services
- Managing deposits, withdrawals, and loan processing
- Supervising clerical staff and daily operations
- Promoting banking products and acquiring new clients
- Resolving customer complaints
- Assisting in audits and compliance checks
- Supporting branch-level administrative functions
What is the career progression journey of an IBPS PO?
IBPS POs have a clear and fast career growth path through internal exams and performance. Promotions are based on experience, performance, and departmental exams. The IBPS PO career progression is
- Probationary Officer (PO): 2–3 years of Training and basic operations
- Assistant Manager: 3–4 years, Supervises staff and handles finances
- Manager: 4–5 years leads teams and branch activities
- Senior Manager: 5+ years , manages multiple branches or regions
- AGM/DGM: 5+ years, handles strategic and regional operations
- General Manager: Leadership, planning, and policymaking roles
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