IBPS PO (Probationary Officer) Salary 2026
Probationary Officer recruited into Junior Management Grade Scale-I (JMGS-I) across public-sector banks. Officer pay follows the IBA bipartite settlement, not the 7th CPC matrix. Pay follows the IBA bipartite pay scale (officer JMGS-I); in-hand pay is around ₹57,000 – ₹76,000 per month depending on the city.
IBPS PO (Probationary Officer) post-wise salary
Entry basic pay and approximate in-hand salary for each IBPS PO (Probationary Officer) post. In-hand figures include typical allowances and assume a metro / higher-HRA city; smaller-city pay is a little lower.
| Post | Pay level | Basic pay | In-hand |
|---|---|---|---|
| Probationary Officer (JMGS Scale I)12th Bipartite scale (w.e.f. Nov 2022), top ₹85,920; gross ~₹78,000–90,000/mo; annual CTC ~₹12–14 lakh | JMGS-I | ₹48,480 | ₹57,000–76,000 |
Allowances & benefits
The in-hand salary is basic pay plus these allowances:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Special Allowance
- City Compensatory Allowance (CCA)
- Learning Allowance
Career growth & perks
- Medical aid / health insurance
- Leased accommodation in lieu of HRA (bank-dependent)
- Pension (NPS)
- LFC / travel reimbursement
- Concessional staff loans
IBPS PO (Probationary Officer) salary — FAQs
What is the in-hand salary for IBPS PO (Probationary Officer) 2026?
The in-hand salary for IBPS PO (Probationary Officer) is around ₹57,000 – ₹76,000 per month depending on the city (which sets the HRA slab). Probationary Officer recruited into Junior Management Grade Scale-I (JMGS-I) across public-sector banks. Officer pay follows the IBA bipartite settlement, not the 7th CPC matrix.
What is the pay scale / pay level for IBPS PO (Probationary Officer)?
IBPS PO (Probationary Officer) posts are paid under the IBA bipartite pay scale (officer JMGS-I). The post-wise pay levels and entry basic pay are listed in the table above.
What allowances are paid in IBPS PO (Probationary Officer) jobs?
On top of basic pay, IBPS PO (Probationary Officer) employees receive Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowance, City Compensatory Allowance (CCA) and more. These allowances are what make the in-hand salary higher than the basic pay.
Indicative; bank pay is revised by the IBA bipartite settlement. In-hand depends on posting city (HRA/CCA category) and NPS/tax deductions. Confirm on the official IBPS notification.
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