IBPS PO Salary 2026 — In-Hand After Probation
IBPS PO joining scale in most public sector banks is JMGS-I (Junior Management Grade Scale I). Salary includes basic pay, DA, HRA, and special allowances. Exact in-hand varies by bank and posting.
Pay commission / scale
Bipartite settlement (bank officers — separate from 7th CPC)
Post-wise salary (indicative)
| Post | Pay level | Basic pay | In-hand (approx.) |
|---|---|---|---|
| Probationary Officer (JMGS-I) | — | ₹36,000–₹63,840 (scale) | ₹52,000–₹65,000 |
| PO after 5+ years (MMGS-II) | — | Higher scale | ₹75,000+ |
Allowances & components
- DA (quarterly revision)
- HRA
- City compensatory allowance
- Medical
- Leased accommodation at some centres
Notes
- Two-year probation typical; performance affects confirmation.
- Promotion to MMGS-II, III through internal exams and seniority.
FAQs
Which bank pays highest for PO?
SBI and some larger PSBs often pay slightly higher; compare latest bipartite scales.