IBPS PO Exam Salary - A Dream Career in 2021!

It is an honor to work in an organization that helps you grow and allows you to pursue your dream. IBPS PO exam is one such exam that is pursued by lakhs of candidates, but only a few thousand get the chance. Once again, candidates are ready to face the examination this year as IBPS is all set to release the notification for the 2021 exam. The exam is close, and candidates wonder if it is worth joining as a Probationary Officer.

The best way to judge a career is to consider the salary and if it is something you want. Candidates ask numerous questions about IBPS PO salary, the job profile, the Promotion Policy of an IBPS PO, etc. This guide will surely clear all your doubts.

IBPS PO- Vacancy

Before diving deeper, you must understand a few things about the IBPS PO exam. First, it is a difficult exam to crack but not impossible. The number of candidates who sit in the exam every year is around 8-10 lakhs. The vacancies are only a handful, last year it was 3517. So, you can understand the level of competition. You must understand the level of hard work needed to crack it.  

IBPS PO- Eligibility Criteria

Every candidate who wants to appear in the exam must ensure that they fall in the criteria mentioned below-


A candidate must be a citizen of-

  • India
  • Nepal
  • Bhutan
  • A Tibetan refugee who came to India before 1st January 1962,
  • A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.


The candidate must not be younger than 20 years and must not be older than 30 years. Though, age relaxation has been provided to certain classes of candidates.

CategoryAge Relaxation
SC/ST5 years
OBC (Non-Creamy)3 years
Persons with Benchmark Disabilities10 years
Ex-Servicemen5 years
Persons affected by 1984 riots5 years

Educational Qualification

A candidate is required to be a Graduate from any recognized University in order to appear in the IBPS PO exam. The candidate must possess the degree for appearing in the exam. The candidates who are appearing in the Final exam of Graduation Level are not eligible.

Exam Dates

The exam dates for the IBPS PO exam have not been declared yet. But the preliminary exam is expected to be conducted in the month of October. Tentative dates are given below-

IBPS PO 2021 NotificationAugust 2021
On-line Registration ProcessAugust 2021
IBPS PO 2021 Preliminary Exam Date9th, 10th, 16th & 17th October 2021
IBPS PO Preliminary ResultNovember 2021
IBPS PO Mains Admit CardNovember 2021
IBPS PO 2021 Mains Exam Date27th November 2021
IBPS PO Mains ResultDecember 2021
Conduct of InterviewJanuary 2022
IBPS PO 2021 Provisional Allotment1st April 2022

At the beginning of a career, receiving a salary as good as IBPS PO salary is a dream come true. As the tentative dates indicate the near dates, you must start preparing for the exam.


IBPS PO Salary consists of IBPS PO In-hand salary and IBPS PO Perks and allowances. This is important to understand as many candidates are confused about the IBPS PO Salary structure 2021. The basic pay of an IBPS Probationary Officer has been revised from 2017. The revised IBPS PO Salary Structure 2021 is as follows-

Basic PayRs. 36,000
Special AllowanceRs. 5,904
DARs. 8,593.20
CCARs. 1,400
Learning AllowanceRs. 600
DA OthersRs. 1,552.50
HRARs. 3,240
Gross SalaryRs. 57,289.70
DeductionRs. 4,659.32
Net SalaryRs. 52,630.38

The pay scale of IBPS PO is 23700-980/7-30560-1145/2-32850-1310/7-42020.

 IBPS PO In-Hand Salary

The prospects of an IBPS PO are very bright. Initially, they draw a salary of 40,000+. At the start of the career, this is something good to start with. After serving two years of probation, the candidates start working as PO.

Promotion Policy Of An IBPS PO

The growth ladder of IBPS PO is a long one, and a candidate can reach the top. A probationary Officer starts as Junior Management Grade Scale-I. But this is only the start. There are ways through which you can climb the growth ladder faster if you work hard. There are internal examinations which you can clear and achieve bigger.  

The position of a General Manager in 14 years doesn’t sound bad, does it? Also, if you want to work abroad, the banks have a strong network with foreign countries. So, you can go that way.

The career graph of an IBPS PO is as follows-

  • Junior Management Grade – Scale I: Officer i.e. PO
  • Middle Management Grade – Scale II: Manager
  • Middle Management Grade – Scale III: Senior Manager
  • Senior Management Grade – Scale IV: Chief Manager
  • Senior Management Grade Scale V: Assistant General Manager
  • Top Management Grade Scale VI: Deputy General Manager
  • Top Management Grade Scale VII: General Manager
  • Executive Director (ED)
  • Chairman and Managing Director (CMD)

IBPS PO 2021- Exam Pattern

In order to become a Probationary Officer, you must clear all three stages of the Selection Process. The first two levels are online exams, and the third is an Interview Process.

The exam pattern for Preliminary Exam is as follows-

SubjectNo. Of QuestionsMaximum MarksMediumTime allotted for each paper
English Language3030English20 minutes
Quantitative Aptitude3535English and Hindi20 minutes
Reasoning Ability3535English and Hindi20 minutes

Those who clear the preliminary exam receive a call-letter for the Mains Examination.

The Exam Pattern for Mains Examination is as follows-

SubjectNo. Of QuestionsMaximum MarksMediumTime allotted for each paper
Reasoning & Computer Aptitude4560English and Hindi60 minutes
General/ Economy/ Banking Awareness4040English and Hindi35 minutes
English Language3540English40 minutes
Data Analysis & Interpretation3560English and Hindi45 minutes
Total155200 3 Hours
English Language (Letter Writing & Essay)225English30 minutes

After clearing the Main Examination, the candidates will receive a Call Letter for the Interview, which is the last round.

In both the written exams, there is a provision of negative marking for every wrong answer. ¼th marks are deducted as a penalty for the wrong answer. To claim IBPS PO Salary, you must clear all three stages of examination.

IBPS PO 2021-Syllabus

There are three subjects in the IBPS PO Preliminary exam. As it is the first stage of the selection process, your focus should be on it right now. The syllabus of the Preliminary Examination is as follows-

Reasoning Ability

  • Puzzles
  • Syllogism
  • Blood Relations
  • Alphanumeric Series
  • Data Sufficiency
  • Verbal Reasoning
  • Seating Arrangements
  • Inequalities
  • Input-Output
  • Order and Ranking
  • Distance and Direction

English Language

  • Sentence Improvement
  • Fill in the Blanks
  • Reading Comprehension
  • Para/Sentence Completion
  • Cloze Test
  • Spotting Errors
  • Sentence Correction
  • Para Jumbles

Quantitative Aptitude

  • Number Series
  • Simplification/ Approximation
  • Data Sufficiency
  • Mensuration
  • Profit and Loss
  • Work, Time, and Energy
  • Time and Distance
  • Probability
  • Permutation and Combination
  • Data Interpretation
  • Relations
  • Average
  • Quadratic Equation
  • Ratio and Proportion
  • Simple and Compound Interest

A candidate must be well aware of the syllabus of the exam to make a strategic plan for clearing the papers. These are all the topics that are covered under IBPS PO Syllabus. Join the Avision Institute today, the best online coaching institute of India, and plan your success.


IBPS PO Salary attracts many youngsters every year to appear in the exam. The stakes are high, and so are the rewards. Hard work is the key to success which also applies to the IBPS PO exam. So, work hard and prepare with all your might. Practice a lot. And get your hands on IBPS PO salary slip 2021.

IBPS PO Salary 2021- FAQs

Qs- When Is IBPS PO Exam conducted?

Ans:- IBPS PO Exam is conducted once a year.

Qs- What is the Basic Pay of an IBPS Probationary Officer?

Ans:- The basic pay scale of IBPS PO apart from IBPS PO Perks and Allowances is Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020.

Qs- What Is The Probation Period for a PO?

Ans:- The probation period for a PO is 2 years. The candidates are eligible for increment in these 2 years.

Qs- What Are The Allowances Available to a PO?

Ans:- The list of IBPS PO Perks and Allowances is as follows-

  • Dearness Allowance
  • Special Allowance
  • House Rent Allowance
  • City Compensatory Allowance
  • Travel Allowance
  • Newspaper Allowance
  • Entertainment Allowance
  • Medical Reimbursement
  • Leased Accommodation
  • Benefits under NPS

Qs- Are Probationary Officers permanent employees of the Bank?

Ans:- Yes, POs are permanent Officers of banks once they complete their probation period.

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