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The Institute of Banking Personnel Selection has released a notification for the recruitment of 41135 candidates for the post of PO. This common recruitment examination for the selection of PO is an excellent opportunity for the candidates. All the candidates who desire to join any of the participating banks can apply for the exam
The IBPS recruits candidates based on their performance in preliminary, and main exams and an interview. The applicants must have a minimum of a graduation degree from any recognised university to apply for the post. In this article, we have included the In-hand salary and other details of the IBPS PO/MT. To know the salary and other details, read the full article.
The major banks taking part in the 2021 PO recruitment are as follows;-
The Basic Pay of IBPS PO is Rs.36,000/- per month. In addition, it also includes several other allowances and benefits. Check the table below to get the details of IBPS PO Salary:
Basic Pay | Rs.36,000 |
Special Allowance | Rs.5,904 |
Dearness Allowance | Rs.8,593.20 |
City Compensatory Allowance | Rs.1,400 |
House Rental Allowance | Rs.3240 |
Gross with House Rental | Rs.38,703.38 |
Medical Aid | Rs.8000 |
Entertainment | Rs.500 |
Newspaper | Rs.300 |
Petrol | Rs.3000 |
Telephone | Rs.400 |
Canteen Subsidy | Rs.400 |
Pension Contribution | Rs.2500 |
Deduction | Rs.4,659.32 |
Net Salary | Rs.52,630.38 |
Gross Salary | Rs.57,289 |
The candidates selected as IBPS PO/MT are entitled to get several allowances along with a handsome amount of salary. The allowances offered to the IBPS PO are as follows:-
Probationary Officer is one of the most honourable jobs in the banking sector. The candidates recruited for the post of IBPS PO/MT are trained for several operations such as finance, accounting, etc. The responsibilities of the IBPS PO are as follows:
The probationary Officer is an Assistant Manager of Scale 1 in the bank. Hence the candidates recruited for this post are offered a handsome amount of salary and numerous allowances. The interested candidates must apply for the selection process and work hard to ace the exam. The eligible and interested candidates can check the notification pdf for more details.
The basic salary of IBPS PO is Rs.36,000/-.
The amount of Special pay received by IBPS PO is Rs.5,904/-.
The candidates are selected based on their performance in the preliminary exam, mains exam and an interview.
The general candidates applying for the IBPS PO must be between 20 to 30 years of age.
Akanksha Ujjain works as a content writer and blogger for competitive exams. Her role at Admisure is to write educational content and articles.
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