IBPS PO Salary Structure 2018 After 7th CPC – Pay Scale, Allowances
IBPS PO Salary
IBPS PO Salary 2018: Candidates preparing
for IBPS PO Recruitment often inquire about the IBPS PO Salary. In this
article, we’re presenting complete details about Salary Of IBPS PO After 7th
CPC, Allowances and other details related to IBPS PO Pay Scale.
IBPS PO Salary After 7th Pay Commission is differ
based on the bank policies of Institute of Banking Personnel Selection Participating
Banks. Read out this article thoroughly and get updated details about Salary
For IBPS PO.
IBPS PO Salary Structure!!!
With rising popularity of Banking Jobs in
India, Probationary Officer Position is the first preference of every
applicant. Contenders can check IBPS PO Salary In Hand first before applying
for IBPS PO
Recruitment.
Applicants will get basic Salary Of IBPS PO of Rs. 23700/-. To get further information about IBPS Probationary Officer Salary, CTC etc, aspirants need to scroll down the page which is well prepared by the team of www.privatejobshub.in
IBPS PO Salary
IBPS PO Salary Structure:
Particulars
|
IBPS PO Salary in Rs.
|
Basic Pay
|
23700.00
|
Special Allowance
|
1836.75
|
DA
|
10163.63
|
CCA
|
870
|
Transport Allowance
|
–
|
Total (without HRA)
|
36570.38
|
HRA
|
2133.00
|
Gross with HRA
|
38703.38
|
Medical Aid
|
8000
|
Entertainment
|
500
|
Newspaper
|
300
|
Petrol
|
3000
|
Telephone
|
400
|
Canteen Subsidy
|
400
|
Pension Contribution
|
2500
|
Gross Annual CTC (with HRA but without leased
accommodation)
|
5,57,640.52
|
Check This: IBPS
PO Eligibility Criteria
IBPS PO Salary CTC
CTC stands for Cost to Company and it is
a term for total Salary Of IBPS PO, used in countries such as India and
South Africa. IBPS PO CTC indicates the total amount of operating
expense an employer (organization) spends on an employee during 01 year.
CTC is measured by adding Salary For IBPS PO to the cost of all additional benefits an employee receives during the service period. If an employee's salary is Rs. 50,000 and the organization pays an additional Rs.5, 000 for their health insurance.
IBPS PO Salary after 11th Bipartite Settlement:
The expected increment in remuneration of
Probationary Officers after the permission of IBA (Indian Bank’s Association)
is available below; take a look for Salary Of IBPS PO after 11th Bipartite
Settlement:
Increment (Percentage)%
|
Basic Pay
|
Gross Pay
|
15 %
|
Rs.26,706/-
|
Rs.37,068/-
|
20 %
|
Rs.27,866/-
|
Rs.38678/-
|
25 %
|
Rs.29,026/-
|
Rs.40,288/-
|
30 %
|
Rs.30,187/-
|
Rs.41,899/-
|
IBPS PO Salary and Perks:
Applicants can check the below given IBPS
PO Perks: Must have a look for IBPS PO Allowances and Salary For IBPS PO!!!
Dearness Allowance
(DA): DA is paid to all the government and public
sector Probationary officers and it is generally a cost of living of adjustment
allowance. This facility is revised after 3 months and it depends upon Consumer
Price Index (CPI).
HRA: HRA is basically based on the place of posting, and it can be
either 9.0% or 8.0% or 7.0% depending on the place of posting for IBPS PO
Salary.
CCA: CCA is based on the place of posting and can either be 4% (maximum
Rs.870/-) or 3% (Maximum Rs.600/-) or 0%.
Medical Aid: Aspirants will receive Rs.8000/- per annum from the organization
for Medical Aid expenses. Although a stationary monthly amount is paid to the
PO towards the cost of one newspaper.
Travelling Allowance: Almost every bank pays a fixed amount for Traveling expenses
and compensation of petrol bills. Special Allowance, Conveyance Allowance and
Leased Accommodation are some other allowances along with IBPS PO Salary which
a Probationary Officer gets by the organization.
Download Here:
IBPS PO
Salary Structure in Metro Cities:
The complete remuneration details of
Institute of Banking Personnel Selection PO is given in the below table, the
Probationary Officer receives total amount of Rs. 30758/- as monthly salary in
hand.
Particulars
|
IBPS PO Salary In Hand
|
Basic Pay
|
Rs. 14500/-
|
Dearness Allowance @99.9%
|
Rs. 14485.5/-
|
CCA (3% to 4% Max. Rs540/-)
|
Rs. 540.00/-
|
Total Remuneration (Excluding HRA)
|
Rs. 29525.5/-
|
HRA 8.5%; 7.5%; 6.5%*
|
Rs. 1232.50/-
|
Total Salary (Including HRA)
|
Rs. 30758/-
|
IBPS
PO Salary And Promotion:
The IBPS Probationary Officer Salary is
same in many big cities like Madhya Pradesh, Mumbai, Jharkhand, Hyderabad,
Jaipur, Kolkata, Himachal Pradesh, Andhra Pradesh, Karnataka, Assam, Bihar,
Delhi, Gujarat, Odisha, Haryana, Kerala, Punjab etc.
Posts Name
|
IBPS PO Salary Structure
|
Junior Management Grade – Scale I: Officer
|
Rs. 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
|
Middle Management Grade – Scale II: Manager
|
Rs. 31705 -1145 -32850 -1310 -45950
|
Middle Management Grade – Scale III: Senior Manager
|
Rs. 42020 -1310 -48570 -1460 -51490
|
Senior Management Grade – Scale IV: Chief Manager
|
Rs. 50030 -1460 -55870 -1650 -59170
|
Senior Management Grade Scale V: Assistant General
Manager
|
Rs. 59170 -1650 -62470 -1800 -66070
|
Top Management Grade Scale VI: Deputy General
Manager
|
Rs. 68680 -1960 -76520
|
Top Management Grade Scale VII: General Manager
|
Rs. 76520 -2120 -85000
|
Executive Director (ED)
|
Approx 1.5 + lacs
|
Chairperson and Managing Director (CMD)
|
Approx 2 + lacs
|
IBPS PO/ MT Salary: FAQs
Question
1: What will be the expected IBPS PO Revised
Salary after the latest revision?
Answer: Expected IBPS PO Salary Structure will be around Rs. 57000/-
gross.
Question 2: What
is the IBPS PO 2018 Salary, and what are the special facilities he gets as an
employee of? OR What are the facilities provide for IBPS PO?
Answer: You can check latest IBPS Probationary Officer Salary at above
table. And he gets different types of facilities like
- Leased House Accommodation = Rs.8000/- to Rs. 30000/-
- Traveling Allowances = AC- 2 tier train fare for all your official travels.
- Medical Insurance = 100% medical cover (75% for family)
- Monthly perks = Rs. 7000/- (petrol, conveyance, entertainment, house rent, phone bills, books etc.)
- Loans = Two wheelers and four-wheeler loans at a minimum interest rate.
- Furniture Allowance = Rs. 12000/- etc.
Candidates keep stay in touch with us for
getting more details about IBPS PO Salary 2018. Applicants can also subscribe
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