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Bank PO Salary In India, Probationary Officer Salaries, Pay Scale & Perk


Bank PO Salary In India

Bank Probationary Officer’s salary in most of public and even in some private banks is same. So, candidates who are going to apply for PO Post they should know about Bank PO Salary In India. Banks are measured the backbone of an India’s economy. Here on this page you may get the complete details about Probationary Officer Salaries, Pay Scale along with grade pay & Benefits & Perks etc. Top Banks give higher salaries to their Bank Probationary Officers to keep them for longer period and to create competent outcomes.

Bank PO Salary In India
Working as a bank Probationary Officer is not only impressive but also come with profitable salary, privileges and other benefits. The existing salary for PO is based on Bipartite Settlement. Salary of PO in SBI and Bank of India are among the highest. They are remunerated well with other allowance. Bank of Baroda PO salary is also comes among highest in banking sector to POs.

Bank PO Salary In India

Probationary Officer Salaries

Pay Scale of Bank Probationary Officer as per Designation:

JMGS – I (Junior Management Grade Scale -I)
INR 14,500-600/7-18,700-700/2-20,100-800/7-25,700 + HRA, DA,
CCA, LTC, Medical benefits, terminal benefits as per rules
MMGS – II (Middle Management Grade Scale – II)
INR 19,400 to INR 34,200
MMGS – III (Middle Management Grade Scale – III)
INR 25,700 to INR 35,100
SMGS – IV (Senior Management Grade Scale – IV)
INR 30,600 to INR 36,200
SMGS – V (Senior Management Grade Scale – V)
INR 36,200 to INR 40,400

Pay Scale of a Bank PO (for Fresher)

Major A Class Cities
Other Places In Area I
Other Places
Metro Cities
(State Capital Etc.)
(District Level And Rural Areas)
Basic Pay
Special Allowance
Dearness Allowance @ 99.9%
CCA (3% to 4% Max. Rs540/-)
Total Salary (Excluding HRA i.e. if Leased Accommodation is availed by the officer)
Rs 36570.38
Rs 36300.38
Rs 35700.38
HRA – 8.5% ; 7.5%; 6.5%*
Rs 2133.00
Rs 1896.00
Total Salary (including HRA i.e. if officer does not avail leased accommodation)
Rs 38703.38
Rs 38196.38
Rs 37359.38

Median Remuneration of PO as Per Years of Experience:

Years Of Experience
Average Annual Salary
Less than 1 year
INR 1 lakh
1 year to 4 years
INR 3 lakh
5 years to 9 years
INR 5.7 lakh
10 years to 19 years
INR 6.8 lakh
More than 20 years
INR 5.3 lakh

Median Pay Scale of PO as Per Cities in India:

Name of City
Average Salary
INR 5.8 lakh
INR 5.8 lakh
New Delhi
INR 4.5 lakh
INR 4 lakh
INR 2.7 lakh

Median Remuneration according to States:

Name of State
Average Salary
INR 5 lakh
INR 5.8 lakh
INR 4.6 lakh
Andhra Pradesh
INR 3.5 lakh
West Bengal
INR 3 lakh
Tamil Nadu
INR 3.3 lakh
Uttar Pradesh
INR 1.8 lakh
India’s Top Banks
Almost all heads begin their career as probationary officers and normally, the probation period in a bank is of two years and after that as an officer you will be uncovered to various bank tasks.

After the completion of probation stage, you will be established as an assistant manager and obtain a permanent posting. Currently, several banks are also designating officers as deputy managers after the completion of probation period. If you have any query about Bank PO Salary In India then you may drop your comment on comment box which is provided below. We will send all latest notification on your Facebook timeline.

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