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IBPS PO Salary Package 2016–2017 Revised Structure/Pay Scale/Increment

IBPS PO Salary Package

IBPS PO Salary PackageCandidates who are planning to apply for Probationary Officers Post first they should know the IBPS PO Salary Package 2016. So here on this page you may get the complete details regarding PO Revised Salary Structure/ Pay Scale/ Increment etc. For getting information concerning IBPS PO Salary Package 2017, you may keep in touch through our web portal. As soon as details will available, we will provide it on this page.

IBPS stands for Institute of Banking Personnel Selection and it conducts Probationary Officer Exam every year. Probationary Officer is a starting level post of any officer in a bank. Selected candidates will get the impressive amount of Pay Scale plus Increment which will be offered by organization. You may get the complete details regarding IBPS PO Pay Scale from the below section of this page of www.recruitmentinboxx.com

IBPS PO Salary Package

IBPS PO Pay Scale with Increment:

Allowances Amount
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

Know More About: Bank Salary Structure

For Metro Cities:

Basic Pay Rs. 14500/-
Dearness Allowance @99.9% Rs. 14485.5
CCA (3% to 4% Max. Rs540/-) Rs. 540.00
Total Salary (Excluding HRA) Rs. 29525.5
HRA 8.5%; 7.5%; 6.5%* Rs. 1232.50
Total Salary (Including HRA) Rs.30758/-

Must Check: IBPS Notification

For State Capital:

Basic Pay Rs. 14500/-
Dearness Allowance @99.9% Rs. 14485.5
CCA (3% to 4% Max. Rs540/-) Rs. 375.00
Total Salary (Excluding HRA) Rs.29360.5
HRA 8.5%; 7.5%; 6.5%* Rs.1087.50
Total Salary (Including HRA) Rs.30448/-

For District Level and Rural Level:

Basic Pay Rs. 14500/-
Dearness Allowance @99.9% Rs. 14485.5
CCA (3% to 4% Max. Rs540/-) Rs. 0.00
Total Salary (Excluding HRA) Rs.28985.5
HRA 8.5%; 7.5%; 6.5%* Rs.942.50
Total Salary (Including HRA) Rs.29927/-

Also Check: IBPS Specialist Officer Salary

PO Salary After 10th Bipartite Settlement:

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/-

IBPS PO Revised Pay Scale:

  • We are expecting minimum 20% increment to this basic pay, but we can expect 25% increment to this basic pay.
  • If IBA agree for 20% increment, Final Basic Pay will be Rs.27, 866.
  • So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.38,678/- (Worst Possible Scenario)
  • If IBA agree for 25% increment, Final Basic Pay will be Rs.29, 026.
  • So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.40,288/- (Somewhat Good)
  • If IBA agree for 30% increment, Final Basic Pay will be Rs.30, 187.
  • So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.41,899/- (Good Settlement)
  • IBPS PO Revised Pay Scale: Rs. 23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020/-

Check Out: IBPS Clerk Salary

Career Progression for Probationary Officers in Banking Sector with Salary:

Posts Name Amount
Junior Management Grade – Scale I: Officer i.e. PO 23700 -42020
Middle Management Grade – Scale II: Manager 31705 -45950
Middle Management Grade – Scale III: Senior Manager 42020-51490
Senior Management Grade – Scale IV: Chief Manager 50030-59170
Senior Management Grade Scale V: Assistant General Manager 59170 -66070
Top Management Grade Scale VI: Deputy General Manager 68680 -76520
Top Management Grade Scale VII: General Manager 76520 -85000
Executive Director (ED) Approx 1.5 + lack
 Chairperson and Managing Director (CMD) Approx 2 + lack

Check Here: IBPS PO/ MT Exam

Dear Candidates! We hope that the information that we have provided above about IBPS IBPS PO Salary Package 2016 is very beneficial to you. Keep visiting www.recruitmentinboxx.com regularly to get latest updates about the IBPS PO Salary Package 2017. You may also subscribe us free email services or bookmark this page by pressing Ctrl+D.

You May Also Like To Check This Section

IBPS PO Eligibility Criteria Online Practice Test for IBPS
IBPS PO Previous Year Question IBPS PO Exam Pattern
IBPS PO/MT Admit Card IBPS Score Card
IBPS Question Papers IBPS Study Material
IBPS RRB Notification Bank Coaching Centers

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