IBPS PO Salary After 5 Years: Check Salary Structure, Maximum Pay After 3, 5, 10, and 20 Years
Sep 02 2024
IBPS PO Salary After 5 Years: The Institute of Banking Personnel Selection (IBPS) has released the official notification to hire candidates for the post of Probationary Officer (PO) with a good number of vacancies. As lakhs of candidates apply for the examination, the competition will be very high. Most of the candidates aspire to a bank career because of its lucrative salary package and job nature. Candidates aspiring for IBPS PO recruitment 2024, are passionate about knowing the IBPS PO Salary after 5 years, IBPS PO Salary after 10 years, IBPS PO Salary after the 11th bipartite settlement, IBPS PO Salary after the 12th bipartite settlement, IBPS PO Salary slip, IBPS PO Salary Structure, IBPS PO Salary in hand, IBPS PO Salary after 3 years, IBPS PO Salary after 7th pay commission, IBPS PO Salary after 2 years, IBPS PO Salary after 1 year, IBPS PO Salary after 4 years, IBPS PO Salary after probation period, IBPS PO Salary after 20 years, etc., Here we have covered the details related to the IBPS PO Salary for the reference of the candidates.
IBPS PO Salary After 11th Bipartite Settlement
Here we have added the details of the IBPS PO Basic Pay 2024 and the other allowances provided along with the IBPS PO Salary after the 11th bipartite settlement. Rs. 36,000/- This table depicts the revised IBPS PO Salary after the 11th bipartite settlement.
IBPS PO Salary After 11th Bipartite Settlement |
|
IBPS PO Salary 2024 |
Amount |
Basic Pay | Rs. 36,000 |
Special Allowance | Rs. 5,904 |
Dearness Allowance | Rs. 8,593.20 |
CCA | Rs. 1,400 |
Learning Allowance | Rs. 600 |
DA Others | Rs. 1,552.50 |
Housing Rent Allowance | Rs. 3,240 |
Gross Salary | Rs. 57,289.70 |
Deduction (Tax & NPS) | Rs. 4,659.32 |
Net Salary | Rs. 52,630.38 |
IBPS PO Salary 2024 Allowances And Perks
Here we have added the details of the IBPS PO Salary 2024 allowances and perks details.
IBPS PO Allowances And Perks Details | |
IBPS PO Basic Pay | Rs 36,000/- ( Increment in 4 stages) |
House Rent Allowances | 7%-9% of the basic pay |
Dearness Allowance | 23.87% of the Basic Pay (Varies based on inflation rates) |
City Compensatory Allowance (CCA) | 3% or 4%(depending on the place of posting) |
Special Allowance | 7.75% of the basic pay |
IBPS PO Syllabus & Exam Pattern 2024
IBPS PO Salary After 5 Years
The IBPS PO Salary after 5 years as per the current figures shall be around Rs. 47, 587.81 as there are annual increments after each year in Basic Salary of Rs. 980/-. Along with the additional allowances up to Rs. 10,000 /- to Rs. 15, 000/- can get. Hence the gross amount IBPS PO Salary After 5 years shall be around Rs. 60,000/- to Rs. 65,000/-.
IBPS PO Career Growth
Based on their performance, experience, and knowledge, the probationary officers will get career growth.
1. Middle Manager – Middle Management Grade Scale 2
2. Senior Manager – Middle Management Grade Scale 3
3. Chief Manager – Senior Management Grade Scale 4
4. Assistant General Manager – Senior Management Grade Scale 5
5. Deputy General Manager – Top Management Grade Scale 6
6. General Manager – Top Management Grade Scale 7
7. Executive Director
8. Chairman and Managing Director
Other Important Links Related To The IBPS PO 2024:
IBPS PO Promotion Details
The IBPS PO Promotion details are tabulated below.
IBPS PO Promotion Channels |
MMGS II (Middle Management Grade Scale-II) |
MMGS II (Middle Management Grade Scale III) |
SMGS IV (Senior Management Grade Scale IV) |
SMGS V (Senior Management Grade Scale V) |
IBPS PO Salary After 5 Years - FAQs
Here we have added a few FAQs regarding the IBPS PO salary after 5 years and the related topics.
Q. What is the IBPS PO Basic Pay 2024?
A. The IBPS PO Basic Pay is Rs 36,000/-.
Q. What is the IBPS PO Salary after 5 years?
A. The IBPS PO Salary after 5 years is Rs. 47, 587.81.
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