IBPS PO Prelims Salary: The IBPS Probationary Officer’s salary is a huge motivating factor for the candidates preparing or applying for Probationary officer posts. The IBPS PO job has been considered a staple job for most people in India. Candidates aspire to crack this exam and get a probationary officer post because of the perks it offers. Security to holidays, rent to health allowances are all motivating factors but a bank PO’s salary is also an attraction for candidates to prepare for these exams.
*Steps to attempt a mock test are mentioned below in this article.
Apart from the salary, IBPS PO has several allowances like medical expenditures, house rent, travel, holidays and so on. When a person continues to work for the bank, multiple increments are applied to their IBPS PO pay scale. In this article, we have provided all the details regarding the IBPS PO prelims salary. Continue reading to find more.
IBPS PO Prelims Salary in India
Given below is the salary bifurcation for IBPS PO Prelims. With the in-hand salary, officers also get several allowances that are mentioned in the table. According to the latest IBPS PO Prelims 2023 notification, the salary structure is provided below.
IBPS PO Salary in India- Basic Pay
Rs 23700/- ( Increment in 4 stages-Salary after 1st Increment- Rs. 30560/-Salary after 2nd Increment-Rs. 32850/-Salary after 3rd Increment- Rs. 42020/-
Dearness Allowance
40% of the basic pay(Varies based on inflation rates)
City Compensatory Allowance(CCA)
3% or 4%(depending on the place of posting)
House Rent Allowances
7%-9% of the basic pay
Special Allowance
7.75% of the basic pay
How to Take IBPS PO Prelims Mock Test on Embibe
Candidates can access the IBPS PO Prelims mock test for on Embibe. By following the steps mentioned below, students can take mock tests on Embibe and have solid exam preparation.
1st Step: Visit Embibe’s official website, i.e., Embibe.
2nd Step: Use your mobile number/email to log in.
3rd Step: Then select your Goal as ‘IBPS PO Prelims’ under Banking.
4th Step: Click Next and select your preferred language.
5th Step: Once done, follow the steps to take the Test.
IBPS PO Prelims Career Growth
IBPS Probationary officers have attractive career growth and are therefore a popular career choice. Officers can gain promotion by appearing for exams time-to-time. Based on their experience, performance and skills, the officers are promoted to higher posts.
The promotion from IBPS PO follows the path given below:
Middle Manager – Middle Management Grade Scale 2
Senior Manager – Middle Management Grade Scale 3
Chief Manager – Senior Management Grade Scale 4
Assistant General Manager – Senior Management Grade Scale 5
Deputy General Manager – Top Management Grade Scale 6
General Manager – Top Management Grade Scale 7
Executive Director
Chairman and Managing Director
FAQs Related To IBPS PO Prelims Salary 2023
Following are the frequently asked questions and their answers related to IBPS PO prelims salary 2023:
Q. What is the basic pay of an IBPS Probationary officer?
Ans: The basic pay of IBPS probationary officer is 23,700/-
Q. What are the different allowances that an IBPS probationary officer gets?
Ans: The different allowances that an IBPS probationary officer gets are mentioned in the article above.
Q. Where can I access the IBPS PO prelims mock test?
Ans: You can access the IBPS PO prelims mock test on Embibe.
Q. Is there any deduction for the provident fund in the salary?
Ans: Yes, the provident fund amount is deducted from the salary.
Q. What are the further steps in terms of career growth after becoming a probationary officer?
Ans: After becoming a probationary officer, officers can give several exams in order to get promotions. Details regarding them are mentioned in the article above.
We hope this detailed article on IBPS PO prelims Salary 2023 has provided you with all the information about the IBPS PO prelims Salary and Job profile. Stay tuned to Embibe for all the latest updates and news on IBPS PO 2023 exam.