IBPS Salary Structure | IBPS Clerk, PO, SO Pay Scale Calculation (in Hand)

Curious to know about the IBPS Salary Structure? Relax! Here we are sharing you the details related to the salary of IBPS employees. IBPS jobs always count as one of the precious jobs in the banking sector. There is lots of reason for the unconditional love for the IBPS jobs, but the primary and the main reason is its salary. IBPS offers a good salary to its employees with excellent additional benefits such as DA, HRA etc. The IBPS salary details for the Probationary Officers, Special Officer, and Clerk posts have been well stated on this page; you can check the complete details by going to the below section.

SBI Employee Salary Slip

IBPS PO Salary Structure

The basic pay of the Institute of Banking Personnel Selection Probationary Officers’ salary is Rs. 23, 700. There will be an annual increment of Rs. 980, and it will be applicable for a period of 07 years.

IBPS PO Salary after 11th Bipartite Settlement

Increment (Percentage) %Basic PayGross Salary
 15 % Rs.26,706/- Rs.37,068/-
 20 % Rs.27,866/- Rs.38678/-
25 %Rs.29,026/-Rs.40,288/-
30 %Rs.30,187/-Rs.41,899/-

Allowances For Probationary Officers (PO) Posts-

  • Dearness Allowance (DA)
  • Special Allowance
  • House Rent Allowance
  • City Compensatory Allowance

Perks For IBPS PO-

  • Leased Accommodation
  • Traveling Allowance
  • Newspaper Reimbursement
  • Medical Aid
  • Benefits under New Pension Scheme

Salary Slip Of IBPS PO-

IBPS SO Salary Structure

The Special Officer will get a basic salary of Rs. 23700-980(7)-30560-1145(2)-32850-1310(7)-42020. Additional benefits will also provide to the employees.

The gross salary for the Special Officer post will be approximately Rs. 38000-39000/-.

Dearness Allowance36% of the basic pay
House Rent Allowance9% or 8% or 7%
Special AllowanceAs per the rules
City Compensatory AllowanceVaries between 4%, 3% or 0%
Lease AllowanceUp to Rs. 29500/- as per the posting location
In-Hand SalaryThe gross salary of IBPS SO is around Rs. 38000-39000/-. After deductions, the employees get around Rs. 33000-35000 as in-hand salary in IBPS SO.

Other Perks For IBPS SO Post-

  • Conveyance allowance
  • Newspaper allowance
  • House & Furniture Allowance
  • Medical Allowance
  • Entertainment Allowance etc.

IBPS Clerk Salary Structure

The basic salary for the IBPS Clerk is Rs 11,765 and the Gross Salary is approx. Rs 22404

Facilities Provided Salary
Basic PayRs 11,765
Special AllowanceRs 1,561
DARs 7,073
CCARs 0
TARs 425
Total (without HRA)Rs 21,424
HRA980
Gross SalaryRs 22,404

IBPS Clerk Salary Slip- 

Munendra Singh

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