|DA (Dearness Allowance)||10163.63|
|CCA (City Compensatory Allowance)||870|
|Gross with HRA||38703.38|
2. What is the In-Hand Salary for IBPS PO?
|Increment Percentage||Basic Pay||Gross Salary|
3. What are the allowances that an IBPS PO can get?
In addition to the Basic Pay, PO’s are eligible for the following allowances:
4. What are the additional Perks that an IBPS PO can get?
Rs. 23, 700 is the revised basic pay of Bank PO as applicable on 1st January 2016.
Q2. Which Bank PO has the highest salary?
SBI offers the highest salary pay package to its probationary officers, the other public sector banks also offer quite a handsome sum to the PO. The average public sector bank monthly and annual salary is higher than that of a PO working in a leading private bank.
Q3. What is the HRA provided to a IBPS PO?
It varies according to place of posting and can be 7% to 9% of the basic salary.
Q4. Is the IBPS PO salary more than the salary for an Officer in RBI?
No, The IBPS PO salary is slightly less than the salary paid to a Grade B Officer in RBI. The overall perks and allowances are also almost the same for IBPS and RBI.
5. Does Bank PO get pension?
SBI PO is eligible for reimbursement of various perquisites, Provident Fund, Gratuity, Pension under New Pension Scheme (Defined Contribution Benefit Scheme), Medical, Leave fare and other facilities, as per the instructions of the Bank issued from time to time.
6. Is IBPS PO Exam tough?
IBPS PO is one of the most competitive exam but with the right strategy you can easily clear this.
Q7. Is the SBI PO salary more than the salary for an Officer in IBPS PO?
Basic pay for an SBI PO is Rs. 27620/-. Moreover, an SBI PO is paid four extra increments at the time of joining. It makes the salary of an SBI PO Rs. 6000 higher than a PO in other banks. An IBPS PO draws a basic salary of Rs 23700.