The Institute of Banking Personnel Selection (IBPS) conducts the IBPS PO exam every year to recruit Probationary Officers (POs) in public sector banks. One of the main reasons candidates aim for this job is its attractive salary, allowances, and job security.
In this article, we will cover IBPS PO Salary 2025, the salary structure, in-hand salary, perks, allowances, and career growth. We will also discuss the expected salary hike after the 8th Pay Commission.
IBPS PO Salary 2025: Overview
The IBPS PO salary is based on the 11th Bipartite Settlement Agreement. The basic pay for IBPS PO is ₹36,000 per month. In addition to this, officers receive allowances like Dearness Allowance (DA), House Rent Allowance (HRA), and Special Allowance.
IBPS PO Salary Structure 2025
| Component | Amount (₹) |
|---|---|
| Basic Pay | 36,000 |
| Dearness Allowance (DA) | 8,593.20 |
| Special Allowance | 5,904 |
| City Compensatory Allowance (CCA) | 1,400 |
| House Rent Allowance (HRA) | 3,240 |
| Learning Allowance | 600 |
| DA Others | 1,552.50 |
| Gross Salary | 57,289.70 |
| Deductions (Tax & NPS) | 4,659.32 |
| Net In-Hand Salary | 52,630.38 |
IBPS PO In-Hand Salary 2025
After deductions like Provident Fund (PF), National Pension Scheme (NPS), and Income Tax, the IBPS PO in-hand salary is around ₹52,000 – ₹55,000 per month.
Employees also receive annual increments and bonuses based on their performance.
IBPS PO Salary After 8th Pay Commission (Expected Hike)
The 8th Pay Commission is expected to revise IBPS PO salaries significantly. The salary hike is likely to be 25-30% of the current basic pay.
Expected IBPS PO Salary After 8th Pay Commission
| Component | Current Salary (₹) | Expected Salary (₹) (After 8th Pay Commission) |
|---|---|---|
| Basic Pay | 36,000 | 45,000 – 50,000 |
| Dearness Allowance | 8,593.20 | 10,500 – 12,000 |
| Special Allowance | 5,904 | 7,000 – 8,000 |
| House Rent Allowance | 3,240 | 4,000 – 5,000 |
| Gross Salary | 57,289.70 | 70,000 – 75,000 |
| Net In-Hand Salary | 52,630.38 | 65,000 – 70,000 |
The 8th Pay Commission will also revise allowances, pension benefits, and other perks.
IBPS PO Perks and Allowances
Apart from the basic salary, IBPS POs receive several allowances and benefits.
1. Dearness Allowance (DA)
- 23.87% of the basic pay
- Revised every three months based on inflation
2. House Rent Allowance (HRA)
- Depends on the city of posting:
- 9% for metro cities
- 8% for semi-urban areas
- 7% for rural areas
3. City Compensatory Allowance (CCA)
- 3-4% of basic pay, based on location
4. Special Allowance
- 7.75% of basic pay
5. Learning Allowance
- ₹600 per month for skill development
6. Additional Perks
- Medical Aid
- Travel Allowance
- Newspaper Reimbursement
- Petrol Allowance
- Furniture Allowance
- Insurance Benefits
- Pension & Retirement Benefits
IBPS PO Career Growth & Promotion Policy
The career growth of an IBPS PO is excellent. Officers can get promoted every 3-5 years based on their performance.
| Position | Grade |
|---|---|
| Probationary Officer (PO) | Junior Management Grade Scale I (JMGS I) |
| Deputy Manager (DM) | Middle Management Grade Scale II (MMGS II) |
| Branch Manager (BM) | Middle Management Grade Scale III (MMGS III) |
| Assistant General Manager (AGM) | Senior Management Grade Scale IV (SMGS IV) |
| Deputy General Manager (DGM) | Senior Management Grade Scale V (SMGS V) |
| General Manager (GM) | Top Management Grade Scale VI (TMGS VI) |
| Executive Director (ED) | Top Management Grade Scale VII (TMGS VII) |
| Chairman & Managing Director (CMD) | Highest Position in the Bank |
- Officers can become branch managers within 5-7 years.
- Promotion exams are conducted internally by IBPS.
IBPS PO Job Profile & Responsibilities
A Probationary Officer (PO) in a bank has multiple responsibilities, including:
- Customer Service
- Handling customer queries related to loans, deposits, and accounts.
- Loan Processing
- Approving loan applications based on eligibility.
- Branch Management
- Supervising daily banking operations.
- Public Relations
- Interacting with customers and promoting banking products.
- Cash Handling & Account Verification
- Managing cash flow and ensuring smooth transactions.
- Compliance & Risk Management
- Ensuring banking rules are followed.
- Business Development
- Generating revenue through investment and loan services.
IBPS PO Salary Slip 2025
Below is a sample IBPS PO salary slip for reference:
| Component | Amount (₹) |
|---|---|
| Basic Pay | 36,000 |
| Dearness Allowance (DA) | 8,593.20 |
| Special Allowance | 5,904 |
| City Compensatory Allowance | 1,400 |
| Learning Allowance | 600 |
| House Rent Allowance (HRA) | 3,240 |
| Gross Salary | 57,289.70 |
| Deductions (NPS & Tax) | 4,659.32 |
| Net Salary (In-Hand) | 52,630.38 |
FAQs on IBPS PO Salary 2025
The basic pay of an IBPS PO is ₹36,000 per month as per the 11th Bipartite Agreement.
The in-hand salary is ₹52,000 – ₹55,000 per month, including allowances.
The expected salary after the 8th Pay Commission is ₹65,000 – ₹70,000 per month.
IBPS POs can get promoted to Deputy Manager, Branch Manager, AGM, DGM, GM, and even CMD based on performance.
Conclusion
The IBPS PO Salary 2025 offers financial stability, job security, and excellent career growth. With the expected salary hike under the 8th Pay Commission, it will become an even more attractive career choice.
If you are preparing for IBPS PO 2025, focus on clearing the exam and securing this prestigious job!