IBPS PO Salary 2018 7th Pay Commission, Eligibility

IBPS PO Salary 2018:- IBPS Bank PO exam is conducted every to make IBPS Probationary Officer Salary. And this year more than 4,252 vacancies For IBPS PO 2018-19 are applied by 20 Lakh Aspirant. So here is necessary data to tell about when you get first jobs of IBPS PO and what the IBPS Bank PO Salary is after 2 years or when you completed your training period of probation for judging your ability to become IBPS PO.

IBPS PO 7th Pay Commission: Their 20 Nationalized Bank of India which oks the 7th Pay commission of Bank PO 7th Commission. If talk about IBPS PO Salary and its Salary, Perks and Emolument offered in 2018 than it has extensive growth list in pay scale for motivating employee and Students to make career in IBPS PO.


Salary of IBPS PO (Probationary Officer):- In Current Jobs of banking sector IBPS PO Salary in Hand cash, Many PO realize they have chosen right jobs from officer level and growth of IBPS PO can also make you Manager, General Manager, Branch Manager and Specialist officer. Below is some IBPS PO Salary in Hand, D.A, Rent, and Allowance, everything you get.


Revised IBPS PO Basic Salary: - Rupees 23,700 is revised basic pay of Bank PO AS applicable on 1st January 2016. Every Year annual increment of IBPS PO in Rs 900 that commencement up to 7 years time.

IBPS PO Salary after Bipartite Settlement:- From November 2017-18 Payment of IBPS PO is due from that period under 11th Bipartite Settlement. When the Bipartite Settlement will approve and accepted so the number of employee will increases to 8.8 Lakh.

IBPS PO Gross Salary
Increment Percentage
Basic Pay
Gross Salary
15%
Rs. 26,706
Rs 37,000
20%
Rs. 27866
Rs 38,500
25%
Rs. 29026
Rs 40,200
30%
Rs. 32,000
Rs 41,000

Dearness Allowance:- Many Bank employee protest to increase the Salary but government has additional approved that was last revised on November and December 2015. 39.86 basic pay increased in January 2016.

Special Allowance:- Some Special allowance minimum 7.75 Basic pay added to salary structure in latest revision.


House Rent Allowance:- IBPS PO Salary depends upon Village and City where you posted and where you got promotion. Bank PO HRA can be 7.0 to 9.0 depending upon metro cities.

Pension Scheme:- New Pension scheme.

Newspaper:- A fixed monthly amount is paid toward one newspaper to the probationary officer.

Medical Aid: - Rs 8,000 to 10,000 per annum fixed amount is paid by most of banks.

Comments

Date Wise Jobs, Scheme, News Update

Show more