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27th February 2017, 09:37 AM
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Join Date: Aug 2012
Re: Eligibility Criteria for IBPS PO Exam

The eligibility requirement to apply for the post of PO or Probationary Officer in IBPS or Institute of Banking Personnel Selection is as follows:

Education Qualification –
One must have completed the Graduation Degree from any recognized university or institution.

Nationality / Citizenship –
One must have this citizenship which is given below.
• Citizen of Indian
• Citizen of Nepal
• Citizen of Bhutan
• A Tibetan refugee
• Migrated Peoples from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

Age Limit –
One must have age between 20 – 30 years.

Age Relaxation

Scheduled Caste/Scheduled Tribe
5 years

Other Backward Classes (Non-Creamy Layer)
3 years

Persons with Disabilities
10 years

Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within the stipulated time) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment
5 years

Persons ordinarily domiciled in the Kashmir Division of the State of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989
5 years

Persons affected by 1984 riots
5 years


IBPS Bank PO Salary and Allowances

Basic Pay Rs. 23700
Special Allowance Rs. 1836.75
DA Rs. 10163.63
CCA Rs. 870
Transport Allowance –
Total (without HRA) Rs. 36570.38
HRA Rs. 2133
Gross with HRA Rs. 38703.38
Medical Aid Rs. 8000
Entertainment Rs. 500
Newspaper Rs. 300
Petrol Rs. 3000
Telephone Rs. 400
Canteen Subsidy Rs. 400
Pension Contribution Rs. 2500

Gross Annual CTC (with HRA but without leased accommodation) 5,57,640.52

In addition to Basic Pay, Bank officers (i.e. Probationary Officers / PO / Management Trainees) are eligible for the following allowances –

1. Dearness Allowance (DA) – It is a cost of living adjustment allowance paid to all govt and public sector Probationary officers. It is revised on a quarterly basis and based on Consumer Price Index (CPI). Calculation of DA depends on inflation. DA can go up with higher inflation and also come down if the inflation rate is in negative.
2. HRA – This depends on the place of posting, and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.
3. Special Allowance – This will add in 10th BPS (wef. 01/11/2012) and for Scale, I 7.75% on which DA is also payable
4. CCA – This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%
5. Conveyance allowance – It is pay for commuting between home and office.


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