IBPS PO/ MT XI Salary Structure 2021: Detailed IBPS PO/MT XI Salary Allowances & Job Profile

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.

IBPS PO Recruitment 2021: Banks Participating

The major banks taking part in the  2021 PO recruitment are as follows;-

• Bank of India
• Indian Bank
• Union Bank of India
• Central Bank of India
• Bank of Baroda
• Bank of Maharashtra
• Punjab & Sind Bank
• Canara Bank
• Punjab National Bank
• Indian Overseas Bank
• UCO Bank

IBPS PO Salary

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:

IBPS PO/MT Salary: Perks & Allowances

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:-

• Dearness Allowance (23.78% of the Basic Pay)
• House Rental Allowance ( 7.0%, 8.0% or 9.0%)
• Special Allowance (7.75% of the Basic Pay)
• City Compensatory Allowance ( 0%, 3% or 4%)
• Travelling Allowance
• Newspaper Reimbursement
• Medica Aid, etc

IBPS PO/MT: Job Profile

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:

• Fixing customer queries of their respective branch
• Maintaining regular branch activities
• Bringing new business to the bank branch
• Addressing customer issues, etc

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.

IBPS PO/MT XI Salary FAQs: