IBPS PO Salary 2026: Check Revised Salary Structure, Job Profile, Allowances & Perks

The revision of IBPS PO salary for bank employees was approved to be effective from November 2017 under the 11th bipartite settlement. The revised salary is valid for a span of five years till 2023 or until revised by the government. Nearly 8.8 Lakhs employees are benefiting from the approval of the 11th bipartite settlement. 

IBPS PO educational qualification is a Degree/Graduation in any discipline from a university recognised by the government. Of India or any equivalent qualification recognised as such by the Central Government. Candidates must possess valid marksheet/degree Certificate that they are graduate on the day they register and indicates the percentage of marks obtained in graduation while registration online. All educational mentioned by the examination authority should be from a university/institution/board recognised by government. Of India/approved by government/approved by government on or before July 21, 2026.  Proper document from Board / University for having declared the result on or before
July 21, 2026 has to be submitted at the time of interview. Candidates who are in the final year of graduation are not eligible to apply for the exam. At the time of interview, candidates are required to submit the educational qualification certificates.

Candidates selected for the post of IBPS PO are entitled to the post of medical facility, newspaper allowance, travel allowance, HRA, DA and other allowances. These allowances are offered to candidates along with the IBPS PO salary. The allowances offered to candidates are given below:

• Dearness Allowance (DA)
• House Rent Allowance (HRA)
• Special Allowance
• City Compensatory Allowance
• Travel allowance
• Newspaper Reimbursement
• Medical Aid

The selection process of IBPS PO 2026 has three stages.

• Preliminary Exam.
• Mains Exam.
• Interview.

The final selection is based on the combined marks of Mains and interview. The prelim exam is qualifying in nature and based on its performance, candidate give the mains exam.

Yes, candidates selected for the post of IBPS PO will be on probation for two years. During probation, the performance of candidates is assessed. They need to undergo training in the various branches. On successful completion of training, candidates are confirmed to the position of Probationary Officers. During the probation period, candidates are trained on various banking services. They are also required to undergo certain banking courses. The basic salary of IBPS PO is INR 48,480. Besides the salary, candidates are also entitled to various perks and benefits.

The career growth of Probationary Officer is very good. Candidates get vast opportunities after grabing the job. On the basis of their performances, experiences, and knowledge below are the positions that candidates get time to time.

1. Middle Manager – Middle Management Grade Scale 2 
2. Senior Manager – Middle Management Grade Scale 3 
3. Chief Manager – Senior Management Grade Scale 4 
4. Assistant General Manager – Senior Management Grade Scale 5 
5. Deputy General Manager – Top Management Grade Scale 6 
6. General Manager – Top Management Grade Scale 7 
7. Executive Director 
8. Chairman and Managing Director

IBPS mentions IBPS PO reserve list to the extent of approximately 10 per cent of the vacancies under each category subject to the availability of candidates. This does not guarantee provisional allotment/recruitment by the participating banks. In the event of participating banks providing further vacancies, provisional allotment may be carried out three to four times for the candidates in the reserve list, based on the vacancies provided by some or any of the participating banks. However, if no vacancy is furnished by the participating banks owing to exigencies or otherwise during the validity period, the candidates under the reserve list will not be considered for provisional allotment. Candidates who are not provisionally allotted or not in the reserve list will not be considered for any further process.

The ratio of candidates selected for an interview are 80:20. Aspirants are selected based on mains exam and their performance in interview is based upon final merit list. The interview is held for 100 marks. The minimum qualifying marks are 40 per cent and for SC/ST/OBC/PWBD are 35 per cent.

IBPS PO Dearness Allowance (DA) is given to the employees is based on the percentage of the basic salary . Currently, it is 19,83 %.  In January 2016, it was around 39.8 per cent of the basic salary, which was reduced to 23.87 per cent as on November 2017. The DA is revised  This every three months based on the All India Consumer Price Index Data published by the Ministry of Statistics and Program Implementation, Government of India. 

Depending on the final vacancies to be filled during the financial year and based on the business needs of the banks, selected candidates are provisionally allotted to one of IBPS PO participating banks. The allotment is done as per the guidelines on reservation policy, administrative convenience, etc.. Recruitment in the participating banks depends on the restriction imposed, business volume, business growth, expansion of branch, internal and external factors, etc. The list of participating banks is given below:

Bank Name	Bank Name
Bank of Baroda	Canara Bank
Indian Overseas Bank	UCO Bank
Bank of India	Central Bank of India
Punjab National Bank	Union Bank of India
Bank of Maharashtra	Indian Bank
Punjab & Sind Bank	-

After clearing the online tests of IBPS PO exam, candidates are called to participate in a Personal Interview with a panel of experts. This interview assess the overall suitability for the position of probationary officer, and include questions about their qualifications, work experience, and personal characteristics. After the Personal Interview a merit list is prepared based on the marks obtained in the Mains exam and interview. Candidates who are placed in the merit list are eligible for appointment as a probationary officer in the participating banks. Candidates should note the letter of appointment is issued by the participating banks. Allotment of candidates is done based on merit-cum-preference.

Yes, candidates selected for the post of IBPS PO will be on probation for two years. During probation, the performance of candidates is assessed. They need to undergo training in the various branches. On successful completion of training, candidates are confirmed to the position of Probationary Officers. During the probation period, candidates are trained on various banking services. They are also required to undergo certain banking courses. The basic salary of IBPS PO is INR 48,480. Besides the salary, candidates are also entitled to various perks and benefits.

IBPS PO application form needs to be filled online only. While filling the form, candidates need to upload the scanned photograph, signature, left thumb impression and handwritten declaration. Without filling the application form candidate will not be able to appear in the exam. 

Applicants can take print of the IBPS PO application form after the Mains exam. To reprint the online form, candidates need to enter registration number or roll number and date of birth or password. Aspirant need to show the printout of their application forms during interview. The link to take the printout of the application form will remain active within specified time frame. 

IBPS calculates the IBPS PO marks of the candidates through a method called normalisation that help candidates to get a rounded-up figure. Since the exam is conducted in multiple shifts and days the difficulty level of the question paper varies from one shift to another. Normalisation of score is done to balance and assist in fair evaluation. This method is followed both for prelims and Mains exams. Some of the benefits of normalisation are given below: The first assumption made for normalisation of marks is that the candidates across all the shifts of the exam have similar abilities The number of candidates appearing in the exam conducted by IBPS in large shifts is randomly done.

Yes. The authority revised the IBPS PO exam pattern in 2025 for Prelims and Mains. The official notification was released on June 30, 2025 on the official website at ibps.in. The IBPS PO prelims exam carries 100 marks, whereas the Mains exam was conducted for 200 marks (objective)+ 25 marks (Descriptive).

IBPS PO is conducted annually by the Institute of Banking Personnel Selection to select candidates for the post of Probationary Officers. The selection process consists of prelims, Mains and interview. The prelims exam is of 100, Mains 250 and interview 100 marks. The final selection of candidates is done on the basis of Mains and interview.