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The salary of IBPS PO as per the 11th Bipartite Agreement is as follows:
| Components | Amount |
|---|---|
| Basic Pay | Rs. 36,000 |
| Special Allowance | Rs. 5,904 |
| Dearness Allowance | Rs. 8,593.20 |
| CCA | Rs. 1,400 |
| Learning Allowance | Rs. 600 |
| DA Others | Rs. 1,552.50 |
| Housing Rent Allowance | Rs. 3,240 |
| Gross Salary | Rs. 57,289.70 |
| Deduction (Professional Tax & NPS) | Rs. 4,659.32 |
| Net Salary | Rs. 52,630.38 |
In Hand salary of an IBPS PO is Rs. 52,000 to 55,000 with dearness allowances, special allowances, HRA, and other perks. The IBPS PO Gross Salary is around Rs. 57,000 and after deduction of professional tax and NPS, the net in-hand salary remains around Rs. 52,000 to 55,000.
The IBPS PO gross salary comprises Basic, DA, HRA, CCA and Special Allowance. The break up is as follows
| Salary Components | Details |
|---|---|
| IBPS PO Basic Pay | Rs. 36,000/- ( Increment in 4 stages) |
| House Rent Allowances | 7%-9% of the basic pay |
| Dearness Allowance | 23.87% of the Basic Pay (Varies based on inflation rates) |
| City Compensatory Allowance (CCA) | 3% or 4%(depending on the place of posting) |
| Special Allowance | 7.75% of the basic pay |
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The IBPS PO selection is done in three stages: Prelims, Mains, and interviews. The candidates who will clear each stage will become eligible to be appointed as IBPS POs.
Yes, all graduates are applicable to apply for the IBPS PO exam. There is no required percentage to apply for IBPS PO.
Yes, there is a negative marking for every wrong answer given in the exam. 0.25 of the total marks allotted for that question will be deducted for marking a wrong answer.
The number of vacancies are announced in the notification. The last year’s vacancies for the IBPO PO 2020-21 were 3517.
Yes, any candidate having a graduation degree can apply for the IBPS PO exam.
All tests are bilingual, i.e., available in both English and Hindi.
Yes, Both in Prelims & Mains Exam.
IBPS PO admit card is released separately for prelims, mains, and interviews. The admit card is released 1 week before the exam. Candidates can download their admit cards from the official website of IBPS by logging with registration number/roll number/date of birth/password.
Candidates must be between 20 and 30 years to apply for the IBPS PO exam. Age relaxation of five, three, and ten years is given to SC/ ST, OBC (non-creamy layer), and PwD candidates, respectively.
IBPS PO notification will consist of the details about the exam such as exam date, eligibility criteria, pattern, syllabus, result declaration criteria, etc.
IBPS PO 2022 prelims exam and mains exam dates will be announced along with the notification soon.
IBPS PO recruitment is conducted to select candidates for the post of Probationary Officers/Management Trainee in 11 public sector banks.
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