IBPS PO

IBPS PO Exam 2024: Notification, Salary, Eligibility, Admit Card & Result

February 21, 2024

Table of Contents

Table of Contents

IBPS PO is a national-level exam conducted every year to recruit POs/MTs (Probationary Officers/ Management Trainees) in 11 public sector banks in India through the Common Recruitment Process (CRPPO/MT-XIII). The IBPS PO exam has been administered annually since 2011, with the 14th volume scheduled for 2024. The IBPS PO exam is conducted in prelims, mains, and interviews. The dates for the IBPS PO Prelims and IBPS PO Mains are yet to be released, and the exam will be conducted online.

Candidates between 20 and 30 years of age with a graduate degree can apply for the IBPS PO exam. The candidate qualifies to sit for the main examination based on the prelims score. The equi-percentile approach is used by the conducting authority to normalize the scores obtained by candidates in different exam sessions. Candidates qualifying for the IBPS PO mains exam are called for an interview conducted by participating banks and Nodal banks in the state or UT.  The final merit list will be compiled based on the marks obtained in the mains and the interview.

Latest Updates from IBPS PO

  • IBPS PO 2024 Exam dates are announced on the official website.
  • IBPS PO 2023Mains Results declared on 30th January 2024 which was conducted on 5th November 2023. To visit the official website: Click here
IBPS PO

IBPS exam provides recruitment and assessment of candidates for various posts in public sector banks such as SBI, RBI, NABARD, and IDBI. In addition, IBPS also offers its services in recruiting for various posts in regional rural banks and general insurance companies.

IBPS PO Participating Banks 2024

  • Bank of Baroda
  • Canara Bank
  • Indian Overseas Bank
  • UCO Bank
  • Bank of India
  • Central Bank of India
  • Punjab National Bank
  • Union Bank of India
  • Bank of Maharashtra
  • Indian Bank
  • Punjab & Sind Bank

Also Read: Banking Exams in India

IBPS PO 2024: Overview

OrganizationInstitute of Banking Personnel Selection (IBPS)
Post NameProbationary Officer/Management Trainee
VacancyTo be notified
Exam Date (Tentative)Prelims: 19th and 20th October 2024 
Mains: 30th November 2024
Participating Banks/Bodies11
Application ModeOnline
Exam ModeOnline
Recruitment ProcessPrelims- Mains- Interview
Education QualificationGraduate
Age Limit20 years to 30 years
SalaryRs. 52,000 to 55,000
Official websitewww.ibps.in

IBPS PO Notification 2024

IBPS is yet to publish a comprehensive IBPS PO Notification 2024 PDF in August 2024 on its official website for the hiring of Probability Officers (PO) in various public sector banks. Candidates can read previous year’s notification for reference.

IBPS-PO-Notification

IBPS PO Exam Date 2024

Important eventsDate
IBPS PO Notification 2024July 2024
Registration StartsTo be notified
Registration EndsTo be notified
IBPS PO Admit Card ReleaseTo be notified
IBPS PO Exam Date (Tentative)Prelims: 19th and 20th October 2024 
Mains: 30th November 2024
IBPS PO ResultTo be notified
IBPS PO Score CardTo be notified

IBPS PO Vacancy 2024

Candidates can check last years’ vacancy table for reference.

Sr.
No.
Participating BankSCSTOBCEWSURTOTALOut of which
HIOCVIID
1BANK OF BARODANRNRNRNRNRNRNRNRNRNR
2BANK OF INDIA33166022932242222
3BANK OF
MAHARASHTRA
NRNRNRNRNRNRNRNRNRNR
4CANARA BANK7537135502035005555
5CENTRAL BANK OF
INDIA
300150540200810200020202020
6INDIAN BANKNRNRNRNRNRNRNRNRNRNR
7INDIAN OVERSEAS
BANK
NRNRNRNRNRNRNRNRNRNR
8PUNJAB NATIONAL
BANK
30155420812002222
9PUNJAB & SIND BANK24164083712515129
10UCO BANKNRNRNRNRNRNRNRNRNRNR
11UNION BANK OF INDIANRNRNRNRNRNRNRNRNRNR
 TOTAL4622348293001224304944303138

IBPS PO Eligibility Criteria

There is a set of eligibility criteria that each candidate should meet before applying for the IBPS PO exam:

IBPS PO Age Limit

Any applicant interested in taking the IBPS PO examination must be between the ages of 20 and 30 at registration. The IBPS PO Age Limit allows for a few exemptions in specific categories as per the government rules:

CategoryAge Relaxation
Scheduled Caste/Scheduled Tribe (SC/ST)5 years
Other Backward Classes (OBC Non-Creamy Layer)3 years
Persons with Disabilities (PWD) Partial or Full Blindness Partial or Total Loss of Hearing Locomotor Disabilities Mental Illness, Autism, and Intellectual or Learning Disabilities Multiple Concurrent Disabilities10 years
Ex-Servicemen (Army personnel)5 years
Widows/Divorced Women9 years
Persons with Domicile of Jammu & Kashmir between 1-1-1980 to 31-12-1989    5 years
Victims of the riots in 19845 years
Regular workers of Union Carbide Factory, Bhopal retrenched from service (for Madhya Pradesh Only)5 years

Educational Qualification

Graduation Degree: The authority specifies that the candidate should have a Bachelor’s degree in any discipline from a GOI-recognized university. Any candidate with qualifications equivalent to a Bachelor’s degree, such as AMIE, departmental courses recognized by the government, is also eligible. The candidate must specify the percentage obtained in the Graduation while registering for the exam. The candidates awarded CGPA marks should convert the same into a percentage calculated to the nearest two decimals. The fraction of the percentage obtained will not be taken into account, for instance, 59.99% will be counted as less than 60% and 64.99% as less than 65%.

Computer Literacy: An applicant must have working knowledge of computer systems for the post of PO, and also to be able to appear for the IBPS PO exam taken online.

Language Proficiency: It is preferable if the candidate has verbal and written proficiency in the official language of the State/UT. The applicant must be able to read, write, and speak the official language.

Nationality / Citizenship

A candidate applying for the IBPS PO exam should fulfil the following criteria:

  1. A Citizen of India
  2. A Subject of Nepal or Bhutan
  3. A Tibetan refugee who arrived in India prior to January 1, 1962, with the objective of permanently residing in India.
  4. A Person of Indian Origin (PIO) who migrated from Sri Lanka, Burma, Pakistan, Vietnam, or East African countries of Tanzania, Zambia, Ethiopia, Kenya, Zaire, Uganda, and Malawi, with the objective of permanently residing in India.

Candidates who are not Indian citizens (category 2, 3, and 4) must have and present a certificate of eligibility provided by the Government of India when asked by the IBPS.

IBPS PO Application Form

Application fees

To complete the online registration process, the candidates must pay fee/ intimation charges online by providing the required details using Debit Cards (RuPay / Visa / MasterCard / Maestro), IMPS, Cash Cards / Mobile Wallets, Credit Cards, and Internet Banking. The charges are non-refundable on any account nor transferable to another exam or selection. The table below specifies the category-wise fee structure for IBPS PO 2024 online application.

CategoryApplication Fee
SC/ST/PWDRs.175/- (Intimation Charges only)
General and OthersRs. 850/- (Application Fee, including Intimation Charges)

Application Steps

The candidates can complete the online application process by registering on the website. The IBPS PO 2024 exam application form is expected to be released in August 2024 with the official notification.

The candidates must have the following prerequisites before filling out the online form:

  • A valid email address and contact number.
  • Impression of their left thumb.
  • Scanned photograph (200 by 230 Pixels) and signature (140 by 60 Pixels)
  • Bank details and documents that are required to pay the application fee online.
  • Graduation mark sheet.
  • A handwritten declaration.

There are six steps to completing the online application procedure, which must be filled in order for the conducting body recognizes no discrepancies.

Step 1 – Online Registration

  • Visit the official ibps.in website
  • Click on the “CWE PO/MT” tab on the left side of the window.
  • Next, click on the link “Click Here to Apply Online for CWE Probationary Officers/ Management Trainee (CWE PO/ MT- IX)” on the display screen.
  • Click on the “Click Here for New Registration” tab on the upper right-hand side and fill out your Email ID, Mobile Number, Security Code and other details to register for the exam. Click ‘Save & Next’ after entering the details.
  • Press the ‘ Ok ‘ button when a new dialogue box pops up.
  • Following successful registration, a provisional registration number and password are generated.
  • The candidates will receive an email and an SMS with their IBPS Registration login credentials.

Step 2 – Uploading Photograph and Signature in the prescribed dimensions

Using their login credentials, the candidate should access their account and upload the documents required by the IBPS:

  • Scanned photograph
  • Scanned signature (Note: Signature in capital letter is not accepted)
PhotographThe photograph must be a recent colour passport photo. Only religious headgear is permitted, and the face and eyes must be visible. The preferred file size is 20–50 kb. The photograph should be 200 by 230 pixels in a light background.
SignatureThe signature should be on white paper with a black ball pen. The dimensions of the signature should be 140 by 60 pixels. The file should be no smaller than 10kb or larger than 20kb.

Step 3 – Fill out the Personal Details

This step has three subsections:

  1. Basic details: The candidate is required to fill out basic information about themselves, for example, category, nationality, birth date, gender etc.
  1. Educational qualification, work experience & languages: The candidate needs to provide details of their graduation, such as year of passing, percentage of marks, etc, and the languages they can speak, read and write.
  1. Preferences list: The candidate can select the preferred centres for Pre Exam Training and the participating bank to be recruited in. Remember that no changes can be made once the form is submitted.

Once the choices are made, click on ‘Save and Next’ to continue.

Step 4 – Preview of the IBPS PO Online Application Form

Preview and go through your application carefully and edit if you notice any errors. Once the information is saved, no changes can be made later in the form. Following that, the applicant is required to agree to the terms and conditions by clicking on the ‘I Accept’ box.

Step 5 – Uploading required documents

The candidates must upload their handwritten declaration and leave a thumb impression per the guidelines before proceeding with the fee payment.

Left thumb impressionThe handwritten statement should be written on white paper with a black ball pen. The handwritten statement must be written in English only. The permissible file format is jpg/jpeg. The file’s dimensions must be 800 by 400 pixels in 200 DPI. The prescribed file size is 50–100 kb.
Handwritten declarationThe handwritten statement should be written on white paper with a black ball pen. The handwritten statement must be written in English only. The permissible file format is jpg/jpeg. The dimensions of the file must be 800 by 400 pixels at 200 DPI. The prescribed file size is 50–100 kb.

Note: In the absence of a left thumb, a candidate may use their right thumb. If both thumbs are missing, an impression of one of the fingers on the left hand, beginning with the forefinger, should be given. If no fingers are present on the left hand, an impression of one of the right hand’s fingers beginning with the forefinger should be obtained. The left toe impression may be used if no fingers are available. The candidate should mention in the uploaded document the name of the finger and the specification of the left/right hand or toe in all such instances when the left thumb impression is unavailable.

Handwritten Declaration text:

“I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.”

Step 6 – Payment of the application fee

All payments shall be made online. The payment gateway is embedded in the application form. Upon successful completion of the fee, a message reading “Payment Successful” and the payment transaction number will appear on the screen. An e-receipt is generated after the completion of the payment.

The candidates are advised to print out the receipt and online application form.

IBPS PO Admit Card

The admit card for IBPS PO 2024 will be available for download 10 to 15 days before the exam on their official website. The candidate must download the IBPS PO 2024 Admit Card, as the hard copy will not be sent through the post. The candidates will require their Registration Number/Roll No. and Date of Birth/Password to log in and access the admit card. Candidates will be able to download their admit card for all stages by following the below steps:

  • Go to the official IBPS website, i.e., ibps.in.
  • After that, select the “Click here to download Online Call Letter for IBPS PO/MTs” tab.
  • Enter your login credentials, “Registration ID / Roll Number” generated at the time of filling the IBPS PO online application form and “Password / Date of Birth”.
  • The admit card will be presented on the desktop screen.
  • Download and print the IBPS PO 2024 admit card.

Admit Card Details

The details on the admit card must match the information given by the candidate while filling out the IBPS PO 2024 online application form. The IBPS PO admit card has the following details:

Candidate’s Name and AddressGender of the CandidatesCandidate’s Date of Birth
Father’s/ Mother’s NameCandidate’s CategoryPassword
Candidate’s Photograph and SignatureRoll Number/ User IDRegistration Number
Exam Day InstructionsSpace for affixing photographSpace for Left thumb impression
Space for the invigilator’s signatureSpace for the candidate’s signatureSelf-Declaration
BarcodeExam Centre Code and AddressExam Date, Day, and Time

IBPS PO Exam Centres

Every candidate who has successfully registered through the online application form for the IBPS PO exam can appear for the IBPS PO Prelims examinations. The exam centres where prelims are conducted are listed below:

State CodeState /UT/ NCRIBPS PO Prelims Exam Centre
11Andaman & NicobarPort Blair
12Andhra PradeshChirala, Chittoor, Eluru, Guntur, Kadapa, Kakinada, Kurnool, Nellore, Ongole, Rajahmundry, Srikakulam, Tirupati, Vijaywada, Vishakhapatnam, Vizianagaram
13Arunachal PradeshNaharlagun
14AssamDibrugarh, Guwahati, Jorhat, Silchar, Tezpur
15BiharArrah, Aurangabad, Bhagalpur, Darbhanga, Gaya, Muzaffarpur, Patna, Purnea
16ChandigarhChandigarh/Mohali
17ChhattisgarhBhilai Nagar, Bilaspur, Raipur
18Daman & Diu and Dadra & Nagar HaveliSurat, Jamnagar
19DelhiDelhi/New Delhi, Faridabad, Ghaziabad, Greater Noida, Gurugram
20GoaPanaji
21GujaratAhmedabad, Anand, Gandhinagar, Himatnagar, Jamnagar, Mehsana, Rajkot, Surat, Vadodara
22HaryanaYamuna Nagar, Karnal, Hissar, Faridabad, Gurugram, and Faridabad
23Himachal PradeshKangra, Kullu, Mandi, Shimla, Solan, Bilaspur, Hamirpur, and Una
24Jammu & KashmirJammu, Samba, Srinagar
25JharkhandBokaro Steel City, Dhanbad, Hazaribagh, Jamshedpur, Ranchi
26KarnatakaBengaluru, Belgaum, Bidar, Davangere, Dharwad, Gulbarga, Hassan, Hubli, Mangalore, Mysore, Shimoga, Udupi
27KeralaAlappuzha, Kannur, Kochi, Kollam, Kottayam, Kozhikode, Malappuram, Palakkad, Thiruvananthapuram, Thrichur
28LadakhLeh
29LakshadweepKavarrati
30Madhya PradeshBhopal, Gwalior, Indore, Jabalpur, Sagar, Satna, Ujjain
31MaharashtraMumbai/ Thane/ Navi Mumbai, Nagpur, Nanded, Nashik, Pune, Ratnagiri, Solapur, Amravati, Aurangabad, Chandrapur, Jalgaon, Kolhapur, Latur
32ManipurImphal
33MeghalayaShillong
34MizoramAizawl
35NagalandKohima
36OdishaBalasore, Berhampur (Ganjam), Bhubaneshwar, Cuttack, Dhenkanal, Rourkela, Sambalpur
37PuducherryPuducherry
38PunjabAmritsar, Bhatinda, Fategarh Sahib, Jalandhar, Ludhiana, Mohali, Pathankot, Patiala
39RajasthanAjmer, Alwar, Bikaner, Jaipur, Jodhpur, Kota, Sikar, Udaipur
40SikkimBardang/ Gangtok
41Tamil NaduChennai, Coimbatore, Erode, Madurai, Nagercoil, Salem, Thanjavur, Thiruchirapalli, Tirunelvelli, Vellore, Virudhunagar
42TelanganaHyderabad, Karimnagar, Khammam, Warangal
43TripuraAgartala
44Uttar PradeshAgra, Aligarh, Bareilly, Faizabad, Ghaziabad, Gonda, Gorakhpur, Jhansi, Kanpur, Lucknow, Mathura, Meerut, Moradabad, Muzaffarnagar, Noida/ Greater Noida, Prayagraj (Allahabad), Sitapur, Varanasi
45UttarakhandDehradun, Haldwani, Roorkee
46West BengalAsansol, Durgapur, Greater Kolkata, Hooghly, Kalyani, Siliguri

Pre-Exam Training

The pre-exam training is conducted exclusively for SC, ST, and Minority Communities by Nodal banks/participating organizations. The table provides a list of cities where pre-exam training is conducted:

North IndiaSouth IndiaEast IndiaWest India
AgraBengaluruAgartalaAhmedabad
AllahabadChennaiBalasoreAurangabad
AmritsarCoimbatoreBehrampur (Ganjam)Bhopal
BareillyGulbargaBhubaneshwarIndore
ChandigarhHyderabadDhanbadJabalpur
DehradunKavarattiGuwahatiJaipur
GorakhpurKochiHubliJodhpur
JammuMaduraiKolkataMumbai
KanpurMangaloreMuzaffarpurNagpur
KarnalMysorePatnaPanaji (Goa)
LucknowPort BlairRanchiPune
LudhianaPuducherrySambalpurRaipur
New DelhiThiruchirapalliShillongRajkot
PatialaThiruvananthapuramSiliguriVadodara
RohtakVijayawadaTirupati 
ShimlaVishakhapatnam 
Varanasi 

IBPS PO Exam Pattern

IBPS PO Prelims

The IBPS PO preliminary examination has a maximum score of 100 marks and is divided into 3 sections with a total of 100 questions. The three sections include-

  1. Quantitative Aptitude
  2. Reasoning Ability
  3. English Language

The below table specifies a section-wise breakdown of the preliminary exam pattern:

Prelims Exam Pattern 2024

S.No.SectionsNumber of QuestionsMaximum Marks AllottedDuration
1English Language303020 minutes
2Numerical Ability353520 minutes
3Reasoning Ability353520 minutes
Total10010060 minutes

The total allotted time for 100 questions is 60 minutes, with 20 minutes allocated for each section. For each incorrect response, 0.25 marks are deducted from your final score in the IBPS PO pre-exam. In order to qualify for the IBPS PO Main examination, candidates must pass the cut-off in each of the three sections.

IBPS PO Mains

The candidates qualifying for the prelims exam are called for the mains exam. The IBPS PO Mains examination has two papers, both conducted in online mode. The two papers include an Objective Test and a Descriptive test. The total time allocated for the first paper is 180 minutes, and 30 minutes for the second paper. For each correct response, one-fourth of the marks assigned to that question will be deducted. No marks will be deducted in case of an unattempted question.

Exam Pattern – Mains

IBPS PO Mains Pattern- PaperSectionNumber of QuestionsMaximum Marks AllottedDuration
Objective TestReasoning & Computer Aptitude456060 min
English Language354040 min
Data Analysis & Interpretation356045 min
General Awareness, Economy & Banking Awareness404035 min
Descriptive TestEnglish Language (Letter Writing & Essay)22530 min

IBPS PO Interview

Candidates passing the bank PO Main exam are invited for a face-to-face interview.

  • The interview carries 100 marks, of which the candidates must secure 40% to be considered for the merit list. 
  • Candidates belonging to the minorities section are awarded a concession of 5 marks in the Bank PO Interview.
  • The interview duration is usually 15-20 minutes, where a panel of bank officials question the candidates on various topics, such as personal introduction, current affairs, banking sector, etc.
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IBPS PO Syllabus 2024

Prelims Syllabus

The IBPS PO Prelims exam has three sections – Reasoning, Quantitative Aptitude and English Language. The table below specifies a section-wise breakdown of the prelims syllabus:

Quantitative AbilityReasoningEnglish Language
SimplificationLogical ReasoningReading Comprehension
Profit & LossAlphanumeric SeriesCloze Test
Mixtures & AllegationsRanking/Direction/Alphabet TestPara jumbles
Simple Interest & Compound Interest & Surds & IndicesData SufficiencyWord Usage, Word-Swap
Work & TimeInequalitiesFill in the blanks
Time & DistanceSeating ArrangementError Detection, Error Spotting
Mensuration – Cylinder, Cone, SpherePuzzleParagraph Completion
Data InterpretationTabulationOne word Substitution
Ratio & Proportion, PercentageSyllogismMiscellaneous
Number SystemsBlood Relations 
Sequence & SeriesInput-Output 
Permutation, Combination &ProbabilityCoding-Decoding 

Mains Syllabus

The IBPS PO Mains syllabus has two papers – an Objective Test and a Descriptive Test. The Objective Test has four sections – Reasoning & Computer Aptitude, General Awareness, Data Analysis & Interpretation and English Language (letter writing and essay). The Descriptive Test has one section – English Language. The table below specifies a section-wise breakdown of the mains syllabus:

Quantitative Aptitude SyllabusGeneral Awareness SyllabusReasoning SyllabusComputer aptitude SyllabusEnglish Language Syllabus
SimplificationFinancial AwarenessVerbal ReasoningInternetReading Comprehension
AverageCurrent AffairsSyllogismMemoryVocabulary
PercentageGeneral KnowledgeCircular Seating ArrangementKeyboard ShortcutsGrammar
Mixture and AllegationsStatic AwarenessCode InequalitiesComputer AbbreviationOne word Substitution
Ratio and Percentage                       Linear Seating ArrangementMicrosoft OfficeVerbal Ability
Data InterpretationDouble LineupComputer Hardware 
Mensuration and GeometrySchedulingComputer Software
Quadratic EquationInput-OutputOperating System
InterestBlood RelationsNetworking
Problems of AgesDirections and DistancesComputer Fundamentals /Terminologies
Profit and LossOrdering and Ranking 
Number SeriesData Sufficiency 

IBPS PO Vacancy

The requirements for various IBPS PO posts and vacancies are registered with IBPS to help public sector, foreign and regional rural banks; The vacancies registered for the year 2022 from various banks based on categories are listed below:

Participating BanksSCSTOBCEWSGeneralTotal
Bank of Maharashtra753713550203500
Bank of BarodaNRNRNRNRNRNR
Bank of India804014453218535
Canara Bank37518767525010132500
Central Bank of IndiaTo be UpdatedTo be UpdatedTo be UpdatedTo be UpdatedTo be Updated1500
Indian BankNRNRNRNRNRNR
Indian Overseas BankNRNRNRNRNRNR
Punjab National Bank753713550203500
Punjab & Sind Bank38236624102253
UCO Bank824114855224550
Union Bank of India3461555731848362094
Total 1071520187666627998432

IBPS PO Results and Cutoffs

The institute publishes the result of each phase of the exam separately. The Final Merit list is presented in descending order of the marks achieved by the applicants in the Bank PO Mains exam and interview. The tentative dates for the results of each phase of the exam are:

ResultDate
PrelimsNovember 2024
MainsJanuary 2025
InterviewApril 2025

Candidates can visit the official IBPS website to check their results. Follow the below steps to check the results:

  • Step 1: Go to the official website of IBPS https://www.ibps.in/.
  • Step 2: Select “CRP-PO/MT>>Common Recruitment Process for Probationary Officer/Management Trainee-XII”.
  • Step 3: Look for “Click here to Check combined result for Mains & Interview for CRP-PO/MTs-XII” when a new screen appears.
  • Step 4: Enter your login credentials (registration number/ roll number and password / DOB) generated during the submission of the online application form.
  • Step 5: Verify you are human by matching the Captcha Code.
  • Step 6: The result will be visible on the screen for you to download and print.

IBPS PO Previous Year Cutoff

The cut-offs for IBPS PO prelims and mains are released with the scorecard. The below tables specify last year’s cut-offs to help the candidates prepare a better strategy:

IBPS PO Prelims Cut Off 2022 (Category-wise)

CategoryCut-Off Marks  
GEN49.75
SC46.75
ST40.75
OBC49.75
EWS49.75
HI17.50
OC32.75
VI24.75
ID19.75

IBPS PO Prelims Cut Off 2022 (Section-wise)

SubjectsEnglish LanguageQuantitative AptitudeReasoning Ability
Maximum Score303535
Cut Off Score UR/EWS09.7508.7509.25  
Cut Off Score SC/ST/PWBD06.5005.5005.00
Cut Off Score OBC06.5005.5005.00

IBPS PO Mains Cut Off 2022 (Category-wise)

CategoryCut-Off Marks (Out of 225)  
GEN71.25
SC59.25
ST53.25
OBC69.75
EWS70.50
HI37.75
OC50.50
VI66.25
ID36

IBPS PO Mains Cut Off 2022 (Section-wise)

SubjectMaximum MarksCut Off (SC/ST/ OBC/PwD)Cut Off (General/ EWS)
Reasoning & Computer Aptitude6004.7507
English Language4012.2515.50
Data Analysis & Interpretation600102.25
General, Economy & Banking Awareness400204.50
English Language (Descriptive)2508.7510

IBPS PO Salary Structure (Updated 2022)

Basic PayRs 36,000
Dearness Allowance (DA)Rs 8593.20
Special Allowance (SA)Rs 5,904
HRARs 3,240
CCARs 1400
DA OthersRs 1,552.50
Learning AllowanceRs 600
Gross In-Hand Salary with HRARs 57, 289.70
DeductionsRs 4,659.32
Net SalaryRs 52,630.38

IBPS PO Salary 2024

The salary of a Probationary Officer as per the IBPS PO 2024 Notification is as follows:

IBPS PO Salary in India- Basic PayRs 23700/- ( Increment in 4 stages- Salary after 1st Increment- Rs. 30560/- Salary after 2nd Increment-Rs. 32850/- Salary after 3rd Increment- Rs. 42020/-
Dearness Allowance40% of the basic pay(Varies based on inflation rates)
City Compensatory Allowance(CCA)3% or 4%(depending on the place of posting)
House Rent Allowances7%-9% of the basic pay
Special Allowance7.75% of the basic pay

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Frequently Asked Questions (FAQs)

What is the IBPS PO exam?

The Institute of Banking Personal Selection conducts personnel selection of probational officers and management trainees for various banks by organizing the online selection process in the form of the IBPS PO exam. The IBPS PO exam is one of the top government exams in India consisting of three stages starting with a preliminary exam, the main exam, and a personal interview. The selection of candidates is based on the marks scored in main and personal interviews.

How to prepare for the IBPS PO exam?

IBPS PO exam consists of prelims, main and personal interview as their process of selection. Candidates should prepare from recommended resources from the IBPS official website and prepare the topics and subjects listed under the syllabus for prelims, mains, and interviews. Candidates should prepare in English language, Reasoning, and quantitative aptitude to clear prelims exam successfully.

What is the salary of IBPS PO?

The basic pay for IBPS PO is Rs 23700/- salary (increment 4 stages), after 1st increment the salary will be Rs. 30560/- after 2nd increment salary will be increased to Rs. 32850/- and after 3rd increment, the salary will be Rs. 42020/- per month.

How many attempts are there for the IBPS PO exam?

Candidates can attempt the IBPS PO exam based on their age and category. General category candidates can attempt for IBPS PO exam for a maximum of 4 times, and OBC and PwD can attempt the IBPS PO exam 7 times.

How to crack IBPS PO in the first attempt?

– Candidates should know what are the subjects and topics covered in the syllabus and prepare each subject thoroughly from various resources.
– Candidates should adhere to a fixed number of hours of studying for the IBPS PO exam and the subjects and topics are revised at least 3(three) times before appearing for the exam
– Exams are online computer-based multiple choice answer based. Candidates should have good hands-on practice in using computers and how to solve papers using a computer mouse.
– Candidates should cultivate the habit of reading newspapers, magazines, online webpages, news channels, etc. Grammar, sentence forming, quantitative aptitude, reasoning, and other subjects need a good understanding of theories and where to apply these theories.
– Candidates should understand the various topics covered in the syllabus and clear their concepts
– Candidates should prepare from the previous year’s questions and answers and thereby understand the exam pattern.
– Preparing for a mock interview and how to answer various interview questions will create confidence in candidates and make them ready for the exam.

What is a handwritten declaration in IBPS PO?

As per IBPS rules, a handwritten declaration is required from all the candidates appearing for the exam while filling out the application form.
Candidates have to write in their handwriting as below and submit the declaration along with the application.
“I,_____(Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true, and valid. I will present the supporting documents as and when required.”

IBPS PO or SBI PO, which is better?

The biggest advantage of appearing for the IBPS PO exam is that candidates will have many fold advantage of selecting various banks such as private banks, foreign banks, public sector banks, and their subsidiaries, cooperative banks, financial, academic, and public sector units from entry level to higher level personnel, whereas SBI PO exam will only allow candidates to seek employment with State Bank of India branches across India.

What qualification is required to appear for the IBPS PO exam?

Candidates should have Bachelor’s degree from a recognized university as an academic requirement for applicants for the IBPS PO exam, and candidates should have a good understanding of the latest exam pattern and syllabus (topics and subjects covered) in the exam.

Is IBPS PO a difficult exam?

IBPS PO exams are aimed to select candidates for the post of probationary and management trainees for various banks. The overall difficulty level for the IBPS PO exam is moderate to difficult. Candidates will find it difficult to prepare for data interpretation & analysis topic as it is tough to understand. Reasoning and computer aptitude are moderate to difficult topics to attempt. English subject questions are moderate to difficult. Other topics such as General, Economy, and awareness in banking have a moderate level of difficulty.

How many exams are there in IBPS PO?

IBPS PO exam consists of three phases – preliminary exam, mains exam, and personal interview test. Candidates who qualify (pass) in prelims can only appear in mains papers and one who clears mains paper can only appear in interview tests.