IBPS Bank PO and Clerk Salary Details

Will you please provide the Salary Details
of IBPS Bank PO and Clerk?

[Quick Sam]

A newly recruited IBPS Probationary Officer in any bank under IBPS is placed in Scale-I salary of Rs

Rs. 14500 – (600 x 7) 18700 – (700 x 2) - 20100 (800 x 7) - 25700

In this Scale I, salary of newly recruited Probationary Officer, Basic Pay is Rs. 14500.

They are given annual increments of Rs. 600 for 7 years till their basic pay reach 18700.

IBPS PO Allowances

Current Dearness allowance @102.45% will be nearly =INR 14855

HRA= 932-1242 depending on the place of posting.

House Rent Allowance (HRA) : HRA can be either 6.5% or 7.5% or 8.5% of the Basic
Salary

City Compensatory Allowance (CCA): It is an allowance for moving from one city to another and can be either 3% or 4% i.e. INR 375-540.

So summing up all the above given allowances.
Gross salary of IBPS PO at Current DA (for newly selected) ranges from INR 31000-35000.

Bank PO Salary at 107% DA will increase the salary by approx. 1500-2500.

Cash in Hand salary of newly recruited Probationary Officers will be INR 29000-32000.

Pay Scale of IBPS Clerk:

7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300 (under review)