IBPS PO SO Clerk Salary, Pay Slip, Pay Scale Per Month 2019-20

By | July 18, 2019

IBPS PO SO Clerk Salary, Pay Slip, Pay Scale Per Month 2019-20: Guys, IBPS or Institute Of Banking Personnel Selection is an government organization of the country who recruits the candidates with an aim to encourage the recruitment of the youngsters in the public sector banks. This institution is governed by many institution like Reserve Bank Of India , Ministry of Home Affairs and many IIT’s. IBPS offers services to the banks in all the sector.

IBPS Salary for Clerk SO PO

IBPS Clerk Salary Slip | IBPS PO Salary Per Month | IBPS SO Salary 2019-20

Every year IBPS issues recruitment notification for the number of post which are vacant in the department. And after railway IBPS is the only department which provide this amount of jobs. Many candidates apply every year for the job but t=only few those who practice hard for it survives and make it to the end. If you are planning to apply for the IBPS  then you must know certain information like the salary and the various incentives which are enjoyed by the employees working here. In this article we are providing you the same knowledge. Check the article below for these information.

Whenever a candidate apply for any of the job his first concern or the priority. Check the information about the salary and the incentives below:

You will check the salary structure of the Probationary Officer (PO). It is the starting level as an officer in bank. In this session your training period is 1 to 2 years.  Check the table below for salary along with the allowances added.

IBPS Clerk PO SO Salaries, Payslip, Pay Scale Details

Basic Pay23700.00
Special Allowance1836.75
DA10163.63
CCA870
Transport Allowance
Total (without HRA)36570.38
HRA 2133.00
Gross with HRA38703.38

RBI Grade B Salary

This is the monthly salary of a PO in a bank. This salary vary as per the bank rules. As you can see the actual monthly income of a PO is 23,700 and with the special allowances and including DA, CCA Transport Allowances and House Rent Allowances it makes 38703.

IBPS Clerk PO SO Allowances & Benefits

Dearness Allowances: DA forms around 40 percent of the Basic Pay. It is to be noted that since DA depends upon CPI, it can increase or decrease based on the inflation rates.

House Rent Allowances: This allowances mostly depended on the locality they are living like big cities or other locations, the HRA can be 9 percent, 8 percent or 7 percent of the Basic Pay which is quite more than living in remote areas.

City Compensatory Allowances: The CCA too, like the HRA, depends upon the location of posting. It can be 4 percent, 3 percent or 0 percent based on the job location.

Other allowances and facilities includes Leased Accommodation, Travelling Allowances, Medical Allowances, Newspaper Reimbursement and many other.

IBPS PO Clerk SO Salary Increment
IncrementBasic 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/-

Above is the increment rate of the candidates at the post of Probationary Officer.

IBPS Salaries for Different Posts

There are many other post which are available  in the department. Like junior officers, Clerk ,AM , GM etc. Check their salary in the table below:

Junior Management Grade – Scale I: Officer i.e. PO23700
Middle Management Grade – Scale-II: Manager31705
Middle Management Grade – Scale III: Senior Manager42020
Senior Management Grade – Scale IV: Chief Manager50030
Senior Management Grade Scale V: Assistant General Manager59170
Top Management Grade Scale VI: Deputy General Manager68680
Top Management Grade Scale VII: General Manager76520
Executive Director (ED)Approx 1.5 + lac
 Chairperson and Managing Director (CMD)Approx 2 + lac

Offline File of Salary Details with Increments and all Posts are here : Download PDF

Steps to apply for the Post in IBPS

  • Visit the official website of IBPS www.ibps.in.
  • Click on the option “Click Here to Apply Online Probationary Officers”.
  • Click on “Click Here for New Registration” tab to register the application. If you are not registered earlier.
  • The Registration Number and Password will be generated and displayed on the screen. Save it, you will also receive email and an SMS.
  • Fill in the required details. Enter all the necessary details- Name, Nationality, Mobile Number; Qualifications and Experiences.
  • The next step is to upload your passport size photo and the a signature.
  • Next you need to select the place for your training.
  • You need to pay online fees now. Remember that fee can only be submitted online through Debit, Credit or mobile Wallets.
  • Remember to take a print out of the receipt.

 Hope that you like the information shared here if you have any queries relating to the article than please comment in the comment box.

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