Institute of Banking Personnel Selection Probationary Officers (2024)

IBPS PO salary 2023 structure is lucrative and incites candidates to apply for the PO role at public sector banks. The basic pay for this role ranges between 52,000-55,000. Apart from this, there are additional perks and benefits. Check to know more.

Frequently Asked Questions (FAQs)

What is the basic pay of IBPS PO?

The basic pay for the post of PO is RS 36,000.00. This is then further increased according to allowances and other benefits.

What is the maximum salary for the post of IBPS PO?

The maximum salary ranges between RS 52,000 to RS 55,000. Although this is subjective as it may change based on the performance of the PO and his/her promotions.

Does SBI PO have a higher salary compared to IBPS PO?

In comparison, SBI PO has greater allowances and increments and hence is paid higher than IBPS PO.

Is IBPS PO a permanent job?

Yes. Given that the candidate has completed the required probation period, his/her job will be permanent.

What are some perks of IBPS PO?

Apart from the IBPS PO salary, POs are given various benefits and perks including-

  • Dearness Allowance.
  • Leave Fare Concessions
  • Miscellaneous Allowances (Petrol, Daily Help, etc.)
  • House Rent Allowance.
  • Travel Allowance.

What is the salary of IBPS bank PO per month?

The starting salary package for an IBPS Probationary Officer (PO) ranges from Rs. 52,000 to 55,000, which includes various components such as dearness allowances, special allowances, house rent allowance (HRA), and additional perks. The gross salary of an IBPS PO is approximately Rs. 57,000 before deductions. After necessary deductions, the net in-hand salary typically amounts to around Rs. 52,000 to 55,000.e.

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Institute of Banking Personnel Selection Probationary Officers (2024)

FAQs

Institute of Banking Personnel Selection Probationary Officers? ›

A: IBPS PO full form stands for the Institute of Banking Personnel Selection Probationary Officers. The exam is conducted online once a year and comprises three-stage selection process-prelims, Mains and interview. Candidates are recruited in 11 participating banks.

What is a probationary officer in a bank? ›

Introduction: Probationary Officer is the full version of P.O. in banking. This is an entry-level post in Indian banks given to new employees. Except for Management Trainees and Special Officers, the Probationary Officer (PO) is a fascinating career in the banking sector.

Which bank PO salary is highest? ›

In simplified words the basic salary of PO will be 36,000 rupees with an increment of rupees 1490 for next 7 years. In the next year the basic pay will be 46430 with an increment of 1740 for the next 2 years and so on. The highest basic salary of PO position in SBI Bank can increase up to 63,840 rupees.

What is the average score in IBPS PO interview? ›

If a candidate scored 110 marks in his Mains examination then he need not worry about the cutoff. If he scores around 40 marks in the personal interview, he will get the Bank PO Job. If the candidate scored 90 marks in the Mains examination then the minimum marks he should get is 60-65 marks out of 100.

What is CRP in banking? ›

The Full Form of CRP RRB is Common Recruitment Process (CRP) into Regional Rural Banks (RRBs). Every year, IBPS (Institute of Banking Personnel Selection) holds the IBPS RRB Test to select candidates for the positions of IBPS RRB Assistant and IBPS RRB Officer Cadre in the nation's numerous Regional Rural Banks.

Which type of banking pays the most? ›

The highest compensation per hour, as well as the highest compensation full stop, was to be found at hedge funds. Hedge fund professionals earned almost twice as much per hour as those at private equity funds. Following a difficult year for M&A bankers, their hourly pay slipped below other functions.

Which banking role pays the most? ›

Here are some of the following best-paid banking jobs:
  • Senior branch manager. ...
  • 3.. Financial planner. ...
  • Investment manager. ...
  • Portfolio manager. ...
  • Financial analyst. ...
  • Senior financial advisor. ...
  • Senior business analyst. ...
  • Data scientist.

What is the salary of bank PO in USA? ›

The salary range for a Probationary Officer job is from $54,491 to $68,943 per year in the United States. Click on the filter to check out Probationary Officer job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

What should I wear to a bank PO interview? ›

The shirt needs to be paired with dark-colored trousers/pants preferably of black, brown, navy blue, and charcoal grey colors. In case, you're wearing a suit, make sure the color of the coat and pants align with the said color. (A navy blue suit is preferred).

How to prepare for bank po interview? ›

Get Pre-Interview Tips for How to Prepare for IBPS PO Interview
  1. Thorough Knowledge of Banking and Current Affairs. Stay updated with the latest developments in the banking sector, financial news, and economic trends. ...
  2. Review Your Application. ...
  3. Self-Reflection. ...
  4. Mock Interviews. ...
  5. Dress Professionally. ...
  6. Grooming.
Mar 16, 2024

How many questions are asked in bank PO exam? ›

The test consists of a total of 100 questions, with sectional timing of 20 minutes and a total test duration of 60 minutes.

What is CRP and how does it work? ›

C-reactive protein (CRP) is a protein made by the liver. The level of CRP increases when there's inflammation in the body. A simple blood test can check your C-reactive protein level. A high-sensitivity C-reactive protein (hs-CRP) test is more sensitive than a standard C-reactive protein test.

What does CRP stand for? ›

The C-reactive protein (CRP) blood test checks for inflammation in your body. A CRP blood test will show if there is inflammation in your body. A CRP blood test also helps to see how well you are responding to treatment.

What is the purpose of a CRP? ›

The C-reactive protein (CRP) test is used to find inflammation in your body. Inflammation could be caused by different types of conditions, such as an infection or autoimmune disorders like rheumatoid arthritis or inflammatory bowel disease. This test measures the amount of CRP in your blood.

What is a good score for IBPS PO mains? ›

IBPS PO Mains Cut-Off 2021-22 Category-wise
CategoryCut Off Marks (Out of 225)
General80.75
OBC75.75
SC65.5
ST57.75
5 more rows

How to calculate your interview marks in IBPS PO? ›

The interview score is sorted, considering only those who score above 40%(35% for SC/ST and PWD) in the interview. 80% weightage is given to the common written normalized score and then the remaining 20% is allotted to the interview.

What is the ratio of marks for IBPS PO interview and mains exam? ›

A weightage of 80:20 ratio will be taken for the final merit list from Mains and Interview respectively. Candidates securing at least 40% marks (35% for SC/ST/OBC/PWBD) will be shortlisted on the merit list, published once the Interview stage gets over.

Is IBPS interview tough? ›

While it may not be easy or difficult, candidates must navigate its challenges successfully. Based on feedback from students who have previously appeared for IBPS Interviews, the interview round can be cracked with the right approach. It demands candidates to exhibit spontaneity and creativity in their answers.

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