The institute of Banking Personal Selections conducts IBPS PO exam every year to select candidates for the post of probationary officer/management trainer (Junior grade scale1) in the 20 public sector participating banks. It recently released the official IBPS PO notification. In 2019, according to the notification, the recruiting candidates’ seats are more than 4000. The job locations as always across India.
IBPS PO Salary and Job Profile:
||IBPS PO 2019-2020- Common Recruitment Process (CRP PO/MT-VIII)
||Institute of Banking Personnel Selection (IBPS)
|Name of Post
||IBPS Probationary officers/Management Trainees (Junior Management Grade- Scale I)
||Public Sector Banks In India except the State Bank of India
|Numbers of vacancies
|Number of Stages
||Three- Prelims, Mains and Interview
IBPS Salary; Basic Pay
In the majority of the public sector banks, salary of PO : 23700-(980×7)- 30560-(1145×2)- 32850-(1310×7)- 42020
This implies after joining, the Probationary Officers will get a Basic Salary of Rs 23700. Notwithstanding that there will be different allowances. The POs will likewise get a yearly increment of Rs 980 for a long time.
Essential Pay following 7 years – Rs 30560
Essential Pay following 2 additional years – Rs 32850
Essential Pay following 7 additional years – Rs 42020
IBPS Salary; Other Benefits and Perks:
Along with the salary, other additional perks banks offers are mentioned below.
- In some locations, the banks offer quarters to the PO’s. In many cases HRA is not provided.
- The banks provide travelling allowances to the PO’S.
- Medical Aid.
- New pension scheme.
- Newspaper Reimbursement.
IBPS PO is one of the best government jobs in India that provides great salary and better growth opportunities. For that, you have to finish all the mandatory topics and do mock tests regularly. All the very best.