IBPS PO Salary 2022-2023 | Salary Structure, In hand Salary

IBPS PO Salary 2022-2023: Want to know the details of the IBPS PO Salary 2022-2023? Well, this article will give all the details of the Revised Salary Structure, Pay Scale, Job Profile, Perks & Allowances. The Institute of Banking Personnel Selection (IBPS) has organized the Probationary Officer exam to recruit to join the Public Sector Bank every year. Every year there will be a huge number of candidates who will write the IBPS PO Exam. In order to ace the government there will be a proper procedure and always with the salary, there will be a procedure. All the employees will be attentive to the IBPS PO Salary rather than the security, lucrative perks, and allowances. All the candidates can overlook the IBPS PO Salary 2022-2023. Go through every detailed information in the article.

IBPS PO Salary Structure 2022-2023

IBPS PO Salary Structure 2022-2023 will be on the basis of the 11th Bipartite Settlement. The IBPS will be offering all the employees a profitable salary structure. The officials have given the update of IBPS PO Salary Structure based on the 11th Bipartite Agreement in November 2020. The basic pay of the IBPS Probationary Officers is Rs. 36,000. And the amended IBPS PO Salary has been effective from November 2017. Look into the table given below and check out the IBPS PO Salary Structure 2022 – 2023:

IBPS Bank PO Salary Structure in India
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 (Tax & NPS) Rs. 4,659.32
Net Salary Rs. 52,630.38

IBPS PO In-hand Salary

The first-in-hand salary for the IBPS PO Employees will be around Rs. 52,000 to 55,000 including the dearness allowances, special allowances, HRA, and other perks. The IBPS PO Gross Salary will be like Rs. 57,000. Considering the deduction, the IBPS PO net in-hand salary will be 52,000 to 55,000.

IBPS PO Salary After Bipartite Settlement

Employees have wage revision and it has been accepted by the 11th bipartite settlement from November 2017. The amended salary span will be five years or until amended by the officials of IBPS. We have taken note that nearly 8.8 lakh employees have been profitable on the approval of the 11th bipartite settlement. Timely there will be an increment for the employees in their IBPS PO pay.

IBPS Probationary Officer Salary Slip

The IBPS Probationary Officer salary slip is one of the important documents for the employees. In the IBPS PO salary slip, there will be details that will be considered at the last of the work. Check out the sample IBPS PO Salary Slip.

IBPS PO Salary slip

IBPS PO Perks And Allowances 2022

We have mentioned that there are beneficial allowances in IBPS PO including the BPS PO Salary. Here we have provided the information about each IBPS PO Perks And Allowances 2022. Check out them:

IBPS PO Allowances
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

And there are other allowances like:

  • Newspaper Reimbursement
  • Medical Aid
  • Travelling Allowance
  • Leased Accommodation
  • Coverage under New Pension Scheme

IBPS Probationary Officer Job Profile

There is a certain job profile to becoming an IBPS Probationary Officer. We all that the IBPS Probationary Officer highly reputed job in the Banking world. It provided many benefits for the employees. IBPS Probationary Officer will have training in multiple departments like accounting, finance, billing, investment, and revenue collection. In this section, we give the points regarding the IBPS Probationary Officer Job Profile. Here you go:

  • Regular checking and maintaining the branch activities
  • Solving the customer’s complaints in the branch
  • Working on the relations with customers and also submitting the issues and grievances to the authority.
  • Directing the daily activities like transactions and loans
  • Making a way for the new business opportunities

IBPS PO Career Growth

There will be growth while working as an IBPS PO. And the growth will be based on the performance, experiences, and knowledge they have equipped. Here we have given the list related to the IBPS PO Promotion Growth.

  • 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 – Top Management Grade Scale 6
  • General Manager – Top Management Grade Scale 7
  • Executive Director
  • Chairman and Managing Director

The given information about the IBPS PO Salary 2022-2023 has clarified all your doubts. For more updates stay connected to our website @ freshersnow.com