IBPS PO Salary 2026, In Hand, Per Month, Structure, Perks and Benefits

IBPS PO Salary 2026: The IBPS PO 2026 notification is expected in June-July 2026, with online applications opening shortly after on the official IBPS website, followed by prelims in October 2026 and mains in November 2026. This prestigious recruitment drive targets Probationary Officer vacancies across 20 public sector banks, offering a stable career in banking with opportunities for growth to higher managerial roles. Aspiring candidates should prepare for a selection process involving prelims, mains, and interviews, emphasizing quantitative aptitude, reasoning, English, and general awareness.

IBPS PO Salary 2026

IBPS PO starting basic pay stands at Rs. 48,480 per month under the 12th Bipartite Settlement, with gross salary ranging from Rs. 76,010 to Rs. 79,540 including allowances. In-hand salary after deductions typically falls between Rs. 52,000 and Rs. 55,000 monthly, varying by posting location and bank. Additional perks include Dearness Allowance, House Rent Allowance up to 9.9%, medical benefits, pension under NPS, and leased accommodation, making it one of India's most rewarding entry-level banking jobs.

IBPS PO Salary Structure 2026

IBPS PO In-Hand Salary 2026

IBPS PO Basic Pay 2026

revised pay scales indicate a higher starting basic pay of Rs. 48,480/- for new appointies, reflecting updates aligned with the 12th Bipartite Settlement or other revisions. With the revised basic pay, the IBPS PO Gross Salary can be around Rs. 90,000/-, and the in-hand salary for freshers can be approximately Rs. 74,00/- to Rs. 76,000/- per month, depending on the city of posting and applicable allowances

IBPS PO Salary Per Month

The overall salary, including allowances, is about ₹90,732.77, however the beginning salary for an IBPS PO (Probationary Officer) is ₹48,480. After deductions, the monthly pay that is in hand is around ₹76,430.77. This includes base salary as well as extra perks like House Rent Allowance (HRA), Dearness Allowance (DA), and others. 

IBPS PO Salary Deduction 2026

IBPS PO Gross Salary 2026

The IBPS PO Gross Salary 2026, after the 12th Bipartite Settlement for Probationary Officer post, is approximately Rs. 90732.77. This includes the basic pay of Rs. 48,480/- and various allowances like Dearness Allowance (DA), House Rent Allowance (HRA), and other benefits.

After deductions, the IBPS PO In-hand salary is around Rs. 76,000/- per month. The IBPS Probationary Officer Gross Salary may vary depending on the location, individual allowances, and bank.

IBPS PO Salary After 8th Pay Commission

The IBPS PO salary after the 7th Pay Commission is highly competitive, with a starting in-hand salary of around Rs. 76,000 per month, plus a range of allowances and career growth opportunities.

Candidates will enjoy several benefits and perks, and career growth opportunities with experience and internal examination.

IBPS PO Perks and Allowances 2026

IBPS PO Dearness Allowance (DA): DA is an allowance given as a percentage of the basic salary. It is revised every three months based on the inflation rate, which is measured by the All India Consumer Price Index Data published by the Government of India.

IBPS PO Special Allowance (SA): Approximately 7.75% of the base pay is made up by this allowance, which was increased during the most recent wage adjustment. It became active in November 2017.

IBPS PO City Compensatory Allowance (CCA): CCA varies based on the type of city. It can be 0%, 3%, or 4% of the basic salary.

1. Learning Allowance : Provided to facilitate continuous learning and skill development.
2. Traveling Allowance : Reimbursement for travel expenses incurred during official duties.
3. Newspaper Reimbursement : Compensation for newspaper expenses.
4. Medical Aid : Provision for medical expenses.
5. Benefits under New Pension Scheme : Retirement benefits as per the New Pension Scheme guidelines.

IBPS PO Promotion Policy

Promotional Channels for PO in Public Sector Banks

• MMGS II (Middle Management Grade Scale II)
• MMGS II (Middle Management Grade Scale III)
• SMGS IV (Senior Management Grade Scale IV)
• SMGS V (Senior Management Grade Scale V)

IBPS PO Job Profile 2026

1. Training: The selected IBPS PO candidate will be appointed as an assistant manager and undergo training at the bank's training academies. The duration of this training period varies from bank to bank.
2. Post-training: after completion of the training, the candidate will be transferred to another branch at the discretion of the bank and undergo a 2-year probationary period. During this time, the candidate will be exposed to several aspects of banking.
3. Probationary period: During the probationary period, the candidate learns about the practical aspects of banking, such as marketing, financing, general banking, and investing.
4. Post Tentative Responsibilities: After being confirmed as Assistant Manager, PO Duties will be:
5. Reception Management: Guiding customers, handling complaints, presenting products, and issuing DDs, checks, and ATM cards.
6. Bring new business: promote new systems and attract new customers to the bank.
7. Job control: Supervise the duties of bank clerks such as cash management, account opening, customer interaction, and receiving and checking cash payments.
8. Management of Different Departments: You have a working knowledge of departments such as Marketing, Finance, Credit, and Accounting.
9. Loan processing: Monitoring the loan process, including documentation and expenses.

IBPS PO Salary after 5 years

The estimated monthly income for an IBPS PO after five years is between ₹60,000 and ₹65,000. This covers base salary with yearly increments as well as additional perks like House Rent Allowance (HRA) and Dearness Allowance (DA). With yearly increases of ₹980, the starting base salary of ₹48,480 is increased, and allowances might add ₹10,000 to ₹15,000. 

IBPS PO Salary Slip 

• Basic Pay: Rs. 48,480/-
• Dearness Allowance (DA): Approximately Rs. 10,277.76 (about 19.83% of basic pay, revised quarterly based on inflation)
• Special Allowance: Around ₹12,847.20
• DA on Special Allowance: ₹2,723.61
• Learning Allowance: ₹850
• DA on Learning Allowance: ₹180.20
• House Rent Allowance (HRA): Varies by city — typically 7% to 9% of basic pay (e.g., ₹4,848 in some cases)
• City Compensatory Allowance (CCA): ₹1,200 to ₹2,300 depending on location
• Other Allowances: May include traveling allowance, newspaper reimbursement, medical aid, etc.

IBPS PO Salary after 10 years

Depending on promotions and the current salary schedule, an IBPS PO's compensation after ten years, including basic pay and allowances, might vary from ₹85,000 to ₹1,00,000 or more. Potential promotions to higher scales (such as Scale 2 or Scale 3) and the effect of the 13th bipartite settlement on pay are considered in this calculation. 

IBPS PO Career Growth 

1. Middle Manager: Middle Management Grade Scale 2: After gaining experience and demonstrating good performance, a PO can get promoted to the position of a Middle Manager in Grade Scale 2.
2. Senior Manager: Middle Management Grade Scale 3: Further advancement leads to the position of Senior Manager in Grade Scale 3, which comes with increased responsibilities.
3. Chief Manager: Senior Management Grade Scale 4: With more experience and expertise, a PO can become a Chief Manager in Grade Scale 4, holding a senior management position.
4. Assistant General Manager: Senior Management Grade Scale 5: Progressing higher, the next role is Assistant General Manager in Grade Scale 5, with greater responsibilities in senior management.
5. Deputy General Manager: Top Management Grade Scale 6: A successful PO can become a Deputy General Manager in Grade Scale 6, occupying a top management position in the bank.
6. General Manager: Top Management Grade Scale 7: Further growth leads to the position of General Manager in Grade Scale 7, with significant influence and responsibility within the bank.
7. Executive Director: The Executive Director role involves playing a crucial part in the bank's decision-making and overseeing various departments.
8. Chairman and Managing Director: The highest position is Chairman and Managing Director, where one leads the bank's operations and holds the highest authority.

IBPS PO Salary and Career

In the banking industry, the IBPS PO (Probationary Officer) position provides an attractive salary and opportunities for professional advancement. With a gross salary of around ₹90,732.77 and an estimated in-hand salary of ₹76,430.77 after deductions, the beginning basic pay is ₹48,480.  To advance in your career, you must be promoted to middle manager, senior manager, and higher. 

Participating Bank For IBPS PO 2026

Bank Exam Online Course – Join Today!!