What is IBPS PO salary?

The public sector banks offer a good salary to candidates selected through IBPS PO exam. The basic salary is INR 23,700- (980 x 7) -30,560- (1145 x 2)-32850- (1310 x 7)-42,020. IBPS PO inhand salary ranges between INR 52,000 to 55,000 with dearness allowances, special allowances, HRA, and other perks. Candidates selected as PO are promoted to the post of Middle Manager-Middle Management Grade Scale 2, Senior Manager-Middle Management Grade Scale 3, Chief Manager-Senior Management Grade Scale 4, Assistant General, Manager-Senior Management Grade Scale 5, Deputy General Manager, Management Grade Scale 6, General Manager-Top Management Grade Scale 7, Executive Director, Chairman and Managing Director.

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<p>The IBPS PO salary is one of the main driving forces for candidates appearing for the post. The basic pay for IBPS Probationary Officers (PO) is Rs. 36,000, with a gross salary of Rs. 58,270 and a net salary of Rs. 53,510 after deductions. Here are some additional details about the IBPS PO salary:</p><p>- Basic Pay: Rs. 36,000<br>- Gross Salary: Rs. 57,000 to Rs. 58,270<br>- Net Salary: Rs. 52,000 to Rs. 55,000 per month<br>- Allowances:<br>&nbsp; &nbsp; - House Rent Allowance (HRA): 7% to 9% of the basic salary<br>&nbsp; &nbsp; - Dearness Allowance (DA): 23.87% to 36.8% of the basic salary<br>&nbsp; &nbsp;- Other Allowances: Learning Allowance, Traveling Allowance, Newspaper Reimbursement, Medical Aid, etc.<br>- Deductions: Tax and NPS (National Pension Scheme) contributions<br><br></p>

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