IBA 12th Bipartite · JMGS-I · 11 Banks · Updated Aug 2026
IBPS PO Salary 2026
Complete salary breakdown for IBPS Probationary Officers across all 11 participating public sector banks — basic pay, DA, HRA, in-hand, and career progression.
₹36,000
Starting Basic
₹52,785
Metro In-Hand
₹63,840
Scale Max
11
Banks
IBPS PO Participating Banks
Bank of BarodaBank of IndiaBank of MaharashtraCanara BankCentral Bank of IndiaIndian BankIndian Overseas BankPunjab National BankPunjab & Sind BankUCO BankUnion Bank of India
All 11 banks follow the same IBA Scale I pay structure. SBI conducts a separate exam (SBI PO) with the same base pay scale.
IBPS PO In-Hand Salary 2026 — City-wise
Based on DA 27.83% (Q3 2026). Figures are approximate.
| Component | Metro A | Urban B | Other |
|---|---|---|---|
| Basic Pay | ₹36,000 | ₹36,000 | ₹36,000 |
| Special Allowance | ₹5,940 | ₹5,940 | ₹5,940 |
| Dearness Allowance | ₹10,019 | ₹10,019 | ₹10,019 |
| HRA | ₹4,320 | ₹3,240 | ₹2,160 |
| Transport Allowance | ₹1,500 | ₹1,500 | ₹1,500 |
| Gross Salary | ₹57,779 | ₹56,699 | ₹55,619 |
| PF (deduction) | −₹4,994 | −₹4,994 | −₹4,994 |
| Net In-Hand | ₹52,785 | ₹51,705 | ₹50,625 |
Career Pay Progression
Scale I to Scale IV progression for IBPS PO officers.
| Stage | Basic Pay | Approx. Gross | Remark |
|---|---|---|---|
| Joining (Scale I) | ₹36,000 | ₹57,779 | Probation: 2 years |
| After 3 years | ₹40,470 | ₹63,500 | 3 annual increments |
| After 7 years | ₹46,430 | ₹72,800 | End of 1st slab |
| After 9 years | ₹49,910 | ₹78,300 | 2 increments of ₹1,740 |
| Max (Scale I) | ₹63,840 | ₹1,00,100 | 16 increments from joining |
| Scale II (on promotion) | ₹56,750+ | ₹89,000+ | Typically 3–5 years service |
Scale-wise Salary Range
| Grade / Scale | Basic Pay Range | Approx. Gross Range |
|---|---|---|
| Probationary Officer (Scale I) | ₹36,000 – ₹63,840 | ₹57,000 – ₹1,00,000 |
| Manager (Scale II) | ₹56,750 – ₹83,520 | ₹89,000 – ₹1,31,000 |
| Senior Manager (Scale III) | ₹64,820 – ₹93,960 | ₹1,02,000 – ₹1,47,000 |
| Chief Manager (Scale IV) | ₹78,230 – ₹1,05,280 | ₹1,23,000 – ₹1,65,000 |
Frequently Asked Questions
What is the in-hand salary of IBPS PO in 2026?
The in-hand salary of an IBPS PO in 2026 is approximately ₹50,625 (other cities) to ₹52,785 (metro cities) per month after PF deduction. The gross salary before deductions ranges from ₹55,619 to ₹57,779. This is based on DA 27.83% (Q3 2026).
Is IBPS PO salary the same as SBI PO salary?
Yes, the basic pay scale is identical — both follow IBA Scale I starting at ₹36,000. However, total compensation may differ slightly because SBI offers certain SBI-specific perks (e.g., concessional staff loans at lower rates). The in-hand take-home salary is broadly the same across SBI PO and IBPS PO.
Which banks recruit through IBPS PO?
IBPS PO recruits for 11 public sector banks: Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab National Bank, Punjab & Sind Bank, UCO Bank, and Union Bank of India. SBI conducts its own separate PO exam.
What is the pay scale of IBPS PO?
The IBPS PO pay scale under IBA 12th Bipartite Settlement is ₹36,000 – 1490×7 – 46,430 – 1740×2 – 49,910 – 1990×7 – ₹63,840. This is the JMGS-I (Junior Management Grade Scale I) scale applicable to all probationary officers in IBA-affiliated banks.
When does IBPS PO get promoted and what happens to salary?
IBPS PO officers are eligible for promotion to Scale II (Senior Officer/Manager) after completing 3 years of service, subject to performance and a written test. On promotion to Scale II, the basic pay jumps to ₹56,750+, and the gross salary increases to approximately ₹89,000+ per month.
What deductions are made from IBPS PO salary?
The main deductions from IBPS PO salary are: (1) Provident Fund — 12% of basic pay (₹4,320/month), with equal employer contribution; (2) Professional Tax — ₹150–₹200/month depending on state; (3) Income Tax — based on applicable slab (deducted as TDS). After these deductions, the net in-hand ranges from ₹50,000–₹53,000.
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Open Salary Calculator →Disclaimer:Salary figures are approximate and based on IBA 12th Bipartite Settlement. Actual in-hand may vary by bank, posting city, and individual deductions. Verify with your bank's HR department.