The Institute of Banking Personnel Selection (IBPS) provides an attractive salary package for the post of Probationary Officer (PO) / Management Trainee. According to the official notification, the basic pay begins at ₹48,480 and increases through structured increments up to ₹85,920. Along with the basic salary, candidates are entitled to a range of allowances and perks such as Dearness Allowance (DA), House Rent Allowance (HRA), medical benefits, and other admissible benefits as per the rules of participating banks. This salary framework ensures both financial stability and career progression for banking aspirants.
The gross monthly salary of an IBPS PO is approximately ₹78,058, inclusive of allowances like DA, HRA, and additional benefits. After statutory deductions, the in-hand salary (net pay) comes to around ₹71,863 per month. For a detailed breakdown of all components, candidates can refer to the IBPS PO Salary Slip 2025. Overall, the structure offers a balanced combination of security, benefits, and growth opportunities in the banking sector.
.The IBPS PO Salary 2025 has been updated according to the 12th Bipartite Settlement. For newly recruited candidates, the initial basic pay is set at ₹48,480. This is the base component of the salary structure, with various allowances added to it such as Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowance, City Compensation Allowance, and Learning Allowance. These additions make the overall compensation highly rewarding. With these revisions, candidates can look forward to a well-balanced salary that aligns with the roles and responsibilities of a Probationary Officer. For a detailed breakdown, candidates can check the IBPS PO salary slip 2025, which outlines all components from gross to in-hand pay.
| Stage | Increment | No. of Years | Basic Pay Progression (₹) |
|---|---|---|---|
| Initial Pay | ₹2000 | 7 Years | ₹48,480 → ₹62,480 |
| Next Stage | ₹2340 | 2 Years | ₹62,480 → ₹67,160 |
| Final Stage | ₹2680 | 7 Years | ₹67,160 → ₹85,920 |
The Basic pay and the other allowances for IBPS PO are tabulated below for reference.
| Basic Pay | INR 36,000 |
| Special Allowances | INR 5,904 |
| Dearness Allowance | INR 8,593.20 |
| City Compensatory Allowance | INR 1,400 |
| Learning Allowance | INR 600 |
| House Rent Allowance (HRA) | INR 3,240 |
| Other Allowances | INR 1,552.50 |
| Gross Salary | INR 57,289.70 |
| Tax and NPS (Deduction) | INR 4,659.32 |
| Net Salary | INR 52,630.38 |
Thus, the IBPS PO Salary In-Hand is INR 52,630.38 (which might vary within the range).
After deductions, the initial IBPS PO Salary In-Hand is INR 52,000 to INR 55,000. This includes Dearness Allowances, Special Allowances, House Rent Allowance, and other Perks. This pay is revised every five years and regulated based on the 11th Bipartite Agreement. It was last modified in November 2017 and will next be changed in 2025. The agreement also has a provision for a periodical increment for an IBPS Probationary Officer.
Every IBPS Probationary Officer enjoys lucrative salaries and additional perks and allowances. In this section, the article elaborates on the IBPS PO Perks and Allowances. These allowances are calculated based on their basic pay. While some are taxable, some allowances are partially taxable, and others are tax-free.
The table below shows the details of all the perks and allowances of an IBPS PO.
| IBPS PO Basic Pay | INR 36,000 (Increment in 4 stages) |
| House Rent Allowances (HRA) | 7% to 9% of the Basic pay |
| Dearness Allowance | 23.87% of the Basic pay (Varies based on Inflation rate) |
| City Compensatory Allowances (CCA) | 3% to 4% of the Basic Pay (depending on the posting location) |
| Special Allowances | 7.75% of Basic pay |
Read on to know more about each allowance.
Other Allowances and Perks for an IBPS PO:
The Ministry of Finance under the Government of India has issued guidelines regarding the Promotion Policies in Public Sector Banks. All the Public Sector Banks, therefore, follow similar Promotional Policies. The employees are usually promoted in two channels:
The selected candidates get posted as Probationary Officers and will undergo training, and they are up for promotions after that. The employees joining at Grade Scale 1 can be promoted and move gradually to Grade Scale 7 and higher. The grade scales are discussed in detail in the Career Path section of this article.
Besides lucrative salaries and attractive benefits, IBPS jobs offer challenging job profiles. This section describes the job profile and the responsibilities of an IBPS Probationary Officer. They are trained on various day-to-day banking activities such as
The day-to-day responsibilities of an IBPS PO will include the following:
Understanding these responsibilities will give a clear picture to the candidates aspiring to join the public sector banks.
To check out the main page of IBPS PO: Click here
The candidates joining as IBPS PO will have rapid career growth. The IBPS PO joins as a Junior Management Grade Scale 1. After the training period, the PO will be promoted to Management Grade Scale 2. The Career Path of the IBPS PO is mentioned below:
| Position | Management Level | Grade Scale |
| Probationary Officer (PO) | Junior Management | 1 |
| Middle Manager | Middle Management | 2 |
| Senior Manager | Middle Management | 3 |
| Chief Manager | Senior Management | 4 |
| Assistant General Management | Senior Management | 5 |
| Deputy General Manager | Top Management | 6 |
| General Manager | Top Management | 7 |
| Executive Director | – | – |
| Chairman & Managing director | – | – |
IBPS POs can move up the corporate ladder to the position of Chairman & Director. This is the most attractive aspect of this job. Apart from the attractive salary and benefits, this rapid career growth is why so many candidates strive for this job.
The Institute of Banking Personnel Selection (IBPS) offers ample opportunities for career advancement and professional growth. Most public sector banks adhere to the Ministry of Finance’s promotion policy, which operates through two main channels, merit-based and normal promotion. The salary of an IBPS Probationary Officer typically ranges between INR 52,000 and INR 55,000.
The table below highlights the career progression and corresponding salary growth that Probationary Officers can achieve over time.
| Post | Promotion | IBPS PO Salary |
|---|---|---|
| Middle Manager | Middle Management Grade Scale 2 | 31,705 to 45,950 |
| Senior Manager | Middle Management Grade Scale 3 | 42,020 to 51,490 |
| Chief Manager | Senior Management Grade Scale 4 | 50,030 to 59,170 |
| Assistant General Manager | Senior Management Grade Scale 5 | 59,170 to 66,070 |
The IBPS PO Salary Slip includes the following information:
| Salary/ Allowance | Rs. | Deductions / Recoveries | Rs. |
| Basic Pay | 36,000.00 | Prof. Tax | 200 |
| D.A | 8,593.20 | Mem, | 4,459.32 |
| H.R.A | 3,240.00 | Cont. to NPS | – |
| C.C.A/ Loc. A | 1,400.00 | – | – |
| Spl. Allow. | 5,904.00 | – | – |
| DA Others | 1,552.50 | – | – |
| Learning Allowance | 600 | – | – |
| Gross Salary | 57,289.70 | Total Deductions | 4,659.32 |
| Payee Branch: | Net Salary | 52, 630.38 | – |
Participating banks in the IBPS PO recruitment offer an attractive annual salary package, which includes basic pay along with various allowances and perks, totaling approximately ₹9.2 lakhs. Probationary Officers may also receive performance-based bonuses and incentives, further enhancing their earnings. Understanding the IBPS PO salary is crucial for candidates aspiring to become a Probationary Officer.
The following is a list of important banks participating in IBPS PO Posts 2025:
Ans. Various factors, like IBPS PO vs SBIO PO salary, workload, work pressure, transfers, etc., decide which option is better. The comparison is made for your convenience.
| Determining Factor | IBPS PO | SBI PO |
|---|---|---|
| Salary | Lesser than SBI PO | More |
| Job Profile | Same | Same |
| Workload | Less | More |
| Promotions & Career Growth | Slower | Faster |
| Exam Difficulty | Moderate – Difficult | Difficult |
| Transfers | Less Frequent | More Frequent |
With all this information, deciding between the two is an individual choice.
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Ans. The IBPS PO job, including all the allowances and deductions, is between INR 52,000 to INR 55,000. This pay includes Basic pay, Special Allowances, Dearness Allowances, House Rent Allowance, City Compensatory Allowance, and Other benefits. From this gross salary, tax is deducted.
Ans. Of all the Banks listed under IBPS, SBI pays the highest salary for its Probationary Officers. The basic pay for SBI PO is Rs. 27,620/- with 4 advance increments.
Ans. No, the IBPS PO is not a government job. The banks under IBPS are Public Sector Banks, but their employees will not come under the control of the Government. They are employees of their respective banks.
Ans. No, a bank PO is not a stressful job if you love the job and have ambition for growth. It involves little stress when compared with a bank clerk job because the bank’s PO job involves public dealings such as disbursing new loans, recovery of bad debts, current loans turning into NPA(Non-Performing Assets), and so on.
Ans. No, Bank PO is not tougher when compared with UPSC. The syllabus of UPSC is vast when compared with the Bank PO. Prelims exams of both Bank PO and UPSC have common topics with objective-type questions.
Authored by, Nidhi Kukreja
Exam Prep Advisor
Nidhi is a passionate writer who specializes in long-form, research-backed content that delivers real value. Whether she’s writing blog articles or creating educational modules, she focuses on making complex topics clear, detailed, and easy to understand. Her content is designed to build knowledge and credibility, helping readers gain deeper insights with every piece.
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