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Salary: IBPS PO Salary Structure and Perks

The Institute of Banking Personnel Selection (IBPS) has announced the IBPS PO 2024 exam, with the Prelims scheduled for October 19-20, 2024 and the Mains on November 30, 2024. The IBPS PO 2024 notification to be released in 1st to 21th August 2024, providing details on the application process, eligibility criteria, and selection procedure for aspiring candidates.

Salary Component Amount (INR)
Basic Pay 36,000
Special Allowance 5,904
Dearness Allowance (DA) 8,593.20
City Compensatory Allowance (CCA) 1,400
House Rent Allowance (HRA) 3,240
Learning Allowance 600
Other Allowances 1,552.50
Gross Salary (with HRA) 57,289.70
Deductions (Tax & NPS) 4,659.32
Net In-Hand Salary 52,630.38

The IBPS PO 2024 salary structure includes various components like basic pay, allowances, and deductions. The initial in-hand salary for IBPS PO is expected to be in the range of ₹52,000 to ₹55,000 per month.