IBPS PO Salary Structure, Job Profile, Perks & Allowances

The IBPS PO Salary Structure offers an attractive pay scale along with multiple perks and benefits, making it one of the most sought-after banking jobs. In addition to the basic pay of ₹48480, Probationary Officers receive allowances like DA, HRA, special allowances, and performance-based incentives, which significantly enhance their in-hand salary. Apart from financial benefits, IBPS POs enjoy a stable career, job security and growth opportunities within the banking sector. This article provides a detailed breakdown of the IBPS PO salary, job responsibilities, perks and career prospects to help aspirants understand the benefits of this role.

IBPS PO Salary

The salary structure for the Probationary Officer (PO) in the Public Sector Bank (PSB) is highly competitive and includes a range of allowances and benefits. The Basic Pay per month is ₹48480, but the gross salary is significantly increased by dearness allowances (DA), House Rent Allowances (HRA), Special Allowances, etc. The IBPS PO Salary not only ensures financial stability but also provides numerous perks, making the role both rewarding and attractive. In this column, aspirants can get all the necessary details regarding IBPS PO 2025 Salary.

Also Read, IBPS PO Mains Score Card 2025

IBPS PO Salary Structure 2025

The IBPS PO Salary Structure is important for the candidates. The convenience of Dearness Allowance(DA), House Rent Allowance(HRA), City Compensatory Allowance (CCA), Special Allowances, etc. are also included in the Salary. The Gross Salary is estimated to be around ₹69000. After deduction practice the candidate’s in-hand salary will be approximately ₹58000- ₹63000. IBPS PO Salary Structure is given below.

Also Read, IBPS PO Interview Call Letter 2025

IBPS PO Salary: Deductions

There are certain statutory deductions as per the rules, banks have to deduct the amount before monthly salary payments. Deductions are also required for the calculation of an individual’s income tax. The deductions are mentioned in the table below

Also Read, IBPS PO Mains Cut Off 2024

IBPS PO Salary: Perks & Allowances

The detailed allowances and benefits that are offered as a part of IBPS PO Salary are mentioned below.

1. House Rent Allowance (HRA): The HRA for IBPS PO is calculated based on the place of posting and can range from 9.0%, 8.0%, or 7.0% of the basic salary, depending on whether the posting is in metros, big cities, or other locations.
2. Dearness Allowance (DA): IBPS PO officers receive DA, which is a percentage of the basic salary. Currently, it is approximately 19.83% of the basic salary. The DA is revised every three months based on the All India Consumer Price Index data.
3. Special Allowance (SA): This allowance was introduced on 01.01.2016 and is about 7.75% of the basic pay.
4. City Compensatory Allowance: The City Compensatory Allowance varies based on the city type and can be 0%, 3% or 4%.

In addition to these allowances, there are other perks and benefits for IBPS Probationary Officers, including Traveling Allowance, Newspaper Reimbursement, Medical Aid, and benefits under the New Pension Scheme.

IBPS PO Job Profile & Promotion

IBPS PO is a highly regarded job in the banking sector and offers numerous attractive benefits to its employees. Here is the detailed job profile for IBPS PO.

1. Assisting customers in resolving their queries at the branch level.
2. Overseeing and managing day-to-day operations and activities of the branch.
3. Handling public relations and addressing customer issues and concerns.
4. Managing and processing customer transactions, including loan applications.
5. Actively contributing to business development by attracting new customers and promoting bank services and products.

IBPS PO provides excellent career opportunities for talented and ambitious individuals. The banks adhere to standardized guidelines set by the Ministry of Finance, Government of India, for promotion policies. Promotion in IBPS PO can be achieved through two channels: the merit channel and the normal channel.  Here is the career growth of IBPS PO 2025.

1. Middle Manager– Middle Management Grade Scale 2
2. Senior Manager– Middle Management Grade Scale 3
3. Chief Manager– Senior Management Grade Scale 4
4. Assistant General Manager– Senior Management Grade Scale 5
5. Deputy General Manager– Top Management Grade Scale 6
6. General Manager– Top Management Grade Scale 7
7. Executive Director
8. Chairman and Managing Director

IBPS PO Promotion Policy

When it comes to the Promotion Policy terms, a major number of public sector accesses the guidelines regulated by the Ministry of Finance. The public sector banking systems channel two promotion terms i.e. normal channel and merit channel. IBPS PO Salary 2025 structure has also been regulated through some terms that you can read in this article.

IBPS PO Salary 2025: Annual Package

The participating banks offer a competitive annual salary package to POs recruited through the IBPS PO examination. The annual package comprises basic pay along with various perks and allowances, which shall be accumulated to be around ₹7.6 lakhs. Additionally, IBPS POs may qualify for performance-based incentives and bonuses, augmenting their overall earnings. Understanding the annual salary package is crucial for individuals aspiring to join the banking sector as a Probationary Officer through the IBPS recruitment process.

IBPS PO Participating Banks

Along with the IBPS PO Notification PDF, IBPS also notifies the list of participating banks taking part in the recruitment process. As per the previous year’s PDF, we have listed down the IBPS PO Participating Banks.

• Canara Bank
• Allahabad Bank
• Syndicate Bank
• Indian Overseas Bank
• Andhra Bank
• Oriental Bank of Commerce
• Central Bank of India
• UCO Bank
• Corporation Bank
• Bank of Baroda
• Punjab National Bank
• Bank of India
• Union Bank of India
• United Bank of India
• Punjab and Sind Bank
• Bank of Maharashtra