IBPS (Institute of Banking Personnel Selection) scheduled IBPS PO exam (Institute of Banking Personnel Selection Probationary Officer exam) on November 20, 2016. The exam is conducted to select probationary officers to serve different banks across India.
The most popular questions among the interested candidates giving the exam is- What is the job profile of a PO (Probationary Officer)? What is the salary structure of a IBPS Bank PO? What all banks accepts POs through IBPS PO exam? What are the Benefits and Perks that a PO gets?
The candidates can get all the answers in the following article. But, before that there is a good news for the candidates who gave the IBPS PO exam for the current year. There will be an increase in the IBPS PO salary.
A complete salary structure of a Probationary officer in general is mentioned below. Candidates can go through the table and know about the same.
|IBPS PO POST||IBPS PO SALARY|
|Total amount without HRA||36570.38|
|Total with HRA||38703.38|
|Total Annual income||5,57,640.52|
Note: The salary of IBPS PO will differ after recruiting in various IBPS PO Participating banks according to the bank policy.
Know About IBPS PO Application Form
|Criteria||Metro Cities||State Capital||District Level and Rural|
|Total (without HRA)||36570.38||36300.38||35700.38|
|Gross with HRA||38703.38||38196.38||37359.38|
The reason for a hike in the salary of an IBPS PO is the allowances offered to them other than the basic pay. The PO will be given medical allowances, canteen, newspaper, entertainment allowances and many more. What more can a new recruit can ask for?
The basic benefits and perks that a PO will receive on a monthly basis as part of the salary of IBPS PO are given below:
Check IBPS PO Syllabus
Here are different types of other benefits applied to IBPS PO officers. It may differ in every bank.
PO is the starting level of the Officer’s Post in a bank. The Probationary Officer needs to spend 2 years in the same post without getting any promotions. As this period, can be considered as a training period for the PO’s, they can study a lot of basic things during this period. After the completion of these 2 years one needs to undergo a screening test in which he/she will be evaluated based on the things which he/ she has studied in the past two years.
A bank PO can reach at the post of “Chairman” in future according to performance and nature. IBPS PO career is fastest growing path comparatively to other govt jobs. It will take the fast promotion, rewards, recognition and attractive postings for performers.
So, if one is preparing for IBPS Probationary Officers Exam, there is no limit in the banks as far as career progression is concerned. Bank PO job is one of the top most rewarding jobs in the Banking Industry. And at promotion side according to recent data, one will need an entry in middle management officers in just 2 -3 years and 7 – 8 years for senior management officers. So, career as a Bank Probationary officer is not a bad deal.
An IBPS Bank PO’s job profile is vast. It is important for the Bank PO to be a multi tasker. As a PO, one will have to work in various departments. They are required to work in the departments like: Deposits, Loans & Advances, Clearing, Pensions, Payment and Cheque clearances, Fixed Deposit, ATM and Internet Banking, Credit Card, Report Making, Account related queries like closure, statement, ATM Issues, etc.
Here are some of the primary duties of PO on the bank check it out.
Note: All work allotted to the selected candidates will be according to the bank policies and it may different for all banks. One will be posted in any of the bank branch and department.
*The article might have information for the previous academic years, please refer the official website of the exam.