IBPS PO Salary Structure 2021 Joinee

IBPS PO Salary Structure 2021 

What is the present in-hand salary of a new joinee in an IBPS PO?

Due to the benefits that comes with the Bank job, the Bank exams are gaining popularity among the aspirants.  Lakhs of students are preparing for IBPS PO.  Questions about the salary structure must come in the mind of every aspirant who are preparing for IBPS PO this year.
The aspirants must be curious to know about the IBPS PO salary (In hand and gross salary), Perks and other benefits, career growth and opportunities.  We will talk about these queries (IBPS PO salary and other benefits) in this article to help you settle all your questions.

When it comes to serving in financial sectors, IBPS PO is one of the most profitable job opportunity across the country.
The Probationary Officers have a very important position in the bank and also they are entitled to various perks and allowances.
It is important that you should know exactly what is the work of a Bank PO and what are the prospects of career growth.

Bank PO Salary 2021 (After 11th bps (bipartite settlement)

IBPS PO Salary and Perks 

Basic Pay Rs.36000/-
Special Allowance Rs.5904/-
DA Rs.9424/-
DA on SP allow Rs. 1545/-
Location + learning Allowance Rs.1300/-
Total Rs.54306/-

Deductions

Contributory Pension Scheme  4542
Salary In Hand  (54331-4542)= 49000 to 51000 Approx

Note: All these are not exact figures. But would be more or less the same. After settlement, you can expect 2000–3000 more in hand. Further, the employer contribution in NPS also increase by 1000/ month.

Bank PO Salary 2021

Related Link 

IBPS PO Salary FAQs

Q. From where can I know about the IBPS PO Salary?

Ans: You can check the IBPS PO Salary details from the above post.

Q. What is the basic pay for an IBPS PO?

Ans: The basic pay of a IBPS Probationary Officer is Rs. 36,000.

Q. What are the allowances in IBPS PO salary?

Ans: Along with the salary, an IBPS PO gets HRA, City compensatory Allowance, Travel allowance, Dearness allowance, and various other incentives.

Q. Does the allowances od IBPS PO salary vary according to place?

Ans: The allowances in IBPS PO salary vary, depending on the area of the postings.

Q. What is the salary of IBPS PO?

Ans: The monthly salary of an IBPS PO is approx. Rs 50000 with HRA.

Q. Is Dearness Allowance included as a salary component in IBPS PO’s salary?

Ans: Yes, Dearness Allowance is one of the salary components in IBPS PO’s salary.

Q. How much period of probation does IBPS PO have to serve?

Ans: IBPS PO will have to serve a probation period of 2 years.

Q. Is there any bond for IBPS PO?

Ans: No, there is no bond if you join as IBPS PO.

IBPS PO Prelims Online Test Series 2021

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