What is the IBPS PO salary structure?
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3 Answers
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INR 23,700- (980 x 7) -30,560- (1145 x 2)-32850- (1310 x 7)-42,020 is the base pay. The in-hand salary for an IBPS PO is between INR 52,000 and 55,000, with additional benefits like HRA, special allowances, and dearness allowances. Every year, the Probationary Officer test is held by the Institute of Banking Personnel Selection (IBPS) in order to choose applicants for public sector banks. In order to determine whether or not the job is right for them, candidates must be familiar with the IBPS PO salary. Those chosen for the probationary officer position via the IBPS PO exam are paid well by public sector banks in India. It is a well-kn
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The IBPS PO salary includes a basic pay that increases with experience, along with various allowances like DA, HRA, and special allowances. The gross salary is around 57,000, but deductions for taxes and NPS bring the net salary (in-hand) to 52,000-55,000 for a new PO in a major city (approximate figures). IBPS POs also enjoy benefits like medical insurance and pension plans.
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Candidates must know the different components of IBPS PO salary structure. Numerous components of the salary such as Dearness Allowance, City Compensatory Allowance, and Special Allowance cumulatively deduct or add the amount. The pay scale is INR 23,700- (980 / 7)-30,560- (1145 / 2)-32,850- (1310 / 7)-42,020 (INR 980 is the annual increment that add up to the IBPS PO salary and is applicable for seven years). The revised basic salary is INR 23,700- (980 x 7) -30,560- (1145 x 2)-32850- (1310 x 7)-42,020.
Basic Pay
INR 36,000
Special Allowance
INR 5,904
DA
INR 8593.20
CCA
INR 1400
DA and others
INR 1552.50
Learning Allowance
INR 600
HRA
INR 3240
Gross with HRA
INR 57,289.70
Deduction
INR 4659.32
Total IBPS PO salary
INR 52630.38
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