SBI PO offers a higher salary and faster growth, while IBPS PO provides a better work-life balance. The SBI PO salary includes more allowances than the IBPS PO salary. The basic pay of IBPS PO is Rs.48480, and the gross pay includes Rs.78058 (approx.). The basic pay of SBI PO is Rs.56480/-and the gross SBI PO Salary is  Rs.95572 (approx.).  Both banks are high-paying banks, and SBI PO generally offers a higher salary. Based on the location, Salary  & allowances vary. SBI PO generally offers a higher in-hand salary and more allowances compared to IBPS PO. The in-hand salary of an SBI PO is higher due to additional perks and benefits. However, if you choose that salary is your priority, you can blindly choose the SBI PO as your option. If work-life balance matters, choose your career as an IBPS PO. 

Check SBI PO Salary 2026 - Full Details

Check IBPS PO Salary 2026 - Full Details

SBI PO Salary Structure

Presently, the starting basic pay for SBI PO is Rs.48480/- (with 4 advance increments). Check the detailed SBI PO salary structure provided here:

• Rs. 48480-2000/7-62480-2340/2-67160-2680/7-85920.

This SBI PO salary structure applies to Junior Management Grade Scale 1. The PO will also be eligible for Dearness allowance, H.R.A / Lease rental, City Compensatory Allowance, Medical, and other allowances & perks as per rules in force from time to time.

• The approximate CTC at the initial scale at the Mumbai Centre is 20.43 Lacs.

SBI PO In-Hand Salary

Among the PSBs, the State Bank of India provides the highest SBI PO salary in hand amount. Check here the approximate amount of the net pay.

• SBI PO Salary In Hand 2026 (net pay) - Rs. 73629 (approx.)

SBI PO Salary Slip 2026

With the help of the SBI PO salary slip 2026, you can know the break-up between the gross pay, allowances, deductions, and net pay. So, you can know the exact salary details. Thus, the pay slip will give you a clear idea of the emoluments.

Check SBI PO Syllabus & Exam Pattern

Check IBPS PO Syllabus & Exam Pattern

IBPS PO Salary Structure

IBPS PO salary Stucture 2026 after 12th bipartite settlement - Rs.48480 - 2000/7 - 62480 - 2340/2 - 67160 - 2680/7 - 85920

The IBPS PO basic pay 2026, after the 12th bipartite settlement, for a newly appointed candidate will be Rs. 48480. Along with this, IBPS PO Grade Pay 2026, several other allowances will be added. Allowances such as Special Allowances, Housing Rent Allowances, Dearness Allowances, etc., will come under the IBPS PO Salary. The IBPS PO Salary will also include City Compensation Allowances, Learning Allowances, DA, and other Allowances. 

IBPS PO Salary In Hand 2026

Thereby, including the above-mentioned allowances, the net IBPS PO salary in hand will be approximately Rs.71863. On a timely basis, the salary increment per year might vary. The net salary package varies as per the location. This IBPS PO Salary in hand 2025 includes dearness allowances, special allowances, HRA, and other perks. After a deduction from the gross pay, you can get the net salary.

IBPS PO Salary Slip 2026

Check the details of the sample salary slip in the table below to know the IBPS PO Salary Slip 2026.

SBI PO vs IBPS PO – Growth & Promotions

IBPS PO Career Growth:

Take a look at the IBPS PO career growth promotional hierarchy shared below.

• Middle Manager – Middle Management Grade Scale 2

• Senior Manager – Middle Management Grade Scale 3

• Chief Manager – Senior Management Grade Scale 4

• Assistant General Manager – Senior Management Grade Scale 5

• Deputy General Manager – Top Management Grade Scale 6

• General Manager – Top Management Grade Scale 7

• Executive Director

• Chairman and Managing Director

Check IBPS PO Eligibility Criteria - Full Details on Age Relaxation, Qualification, etc.

SBI PO Career Growth Opportunities

SBI POs will get quick promotions as per their performance. As per their promotions, there will be a concurrent increase in salary as per the Bank norms.

Starting from the PO, you can go up to the Chairman as shown below:

• Assistant Manager

• Deputy Manager

• Manager

• Chief Manager

• Assistant General Manager

• Deputy General Manager

• General Manager

• Chief General Manager

• Deputy Managing Director

• Managing Director

• Chairman

Check SBI PO Eligibility Criteria 2026 - Full Details

Which PO Has Better Salary – SBI or IBPS?

• The basic pay of IBPS PO is Rs.48480, and the gross pay includes Rs.78058 (approx.).

• The basic pay of SBI PO is Rs.56480/-and the gross SBI PO Salary is  Rs.95572 (approx.).

• According to the pay scale, benefits, and career growth, SBI is better than IBPS. But compared to the work pressure and workload, IBPS is better than SBI.

• If you choose that salary is your priority, you can blindly choose the SBI PO as your option. If work-life balance matters, choose your career as an IBPS PO. 

Overview of SBI PO & IBPS PO Salary

FAQs

Q. Which PO gets a higher salary?

SBI PO gets a slightly higher salary due to extra increments and better allowances at joining.

Q. Is the SBI PO salary better than the IBPS PO?

Yes, SBI PO salary is slightly better because of higher basic pay and additional benefits.

Q. Do IBPS PO officers get a pension?

Yes, IBPS PO officers get a pension under the National Pension System (NPS).

Q. Which has better salary growth?

SBI PO has better salary growth due to faster promotions and higher increments over time.