IBPS PO salary at a glance
The notification sets one basic pay scale for the post of Probationary Officer / Management Trainee. On top of the basic pay, you get allowances and perquisites under the rules of the bank you’re allotted to, as those rules stand at the time.
The PO/MT basic pay scale
The notification writes the scale as ₹48480-2000/7-62480-2340/2-67160-2680/7-85920. Read it in three parts: the starting basic, the size of each increment, and how many increments come at that size.
| Part of the scale | Increment × number | Basic pay |
|---|---|---|
| Part 1 | ₹2,000 × 7 | ₹48,480 → ₹62,480 |
| Part 2 | ₹2,340 × 2 | ₹62,480 → ₹67,160 |
| Part 3 | ₹2,680 × 7 | ₹67,160 → ₹85,920 |
Source: the “Compensation” table in the CRP PO/MT-XVI notification. All 16 increments together take the basic from ₹48,480 to ₹85,920.
How the basic pay grows
These are the basic pay figures at the start of the scale, at each point where the increment size changes, and at the top of the scale. They show basic pay only.
IBPS doesn’t publish an in-hand or gross salary figure. Your take-home pay depends on the allowances and perquisites of the bank you join, and on deductions, so we don’t quote one here.
Where you could work
CRP PO/MT-XVI recruits for 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.
Same notified scale
The notification gives one basic pay scale for the PO/MT post. Allowances and perquisites follow each bank’s own rules.
Merit-cum-preference
After the interviews, you’re provisionally allotted to one bank based on your merit and the order of bank preferences you gave.
Preferences are locked
You set your bank preference order in the online application form. IBPS won’t accept any request to change it later.
The bank makes the offer
The allotted bank issues the offer of appointment, sets its terms and handles joining. Appointment also depends on being declared medically fit.
What a PO / MT does
A Probationary Officer starts in the officer cadre of a public sector bank. Duties vary by bank and branch. These are the usual areas of work — tap one to expand.
Allowances & terms
The notification doesn’t list individual allowances or their rates. It only says they follow the participating bank’s rules. These are the conditions it does set out:
Career growth
PO/MT is an entry point into a bank’s officer cadre. Within the scale, basic pay rises through its increments. Promotions beyond that depend on the bank’s own promotion policy, not on the IBPS notification, so check the details with the bank you’re allotted to.
Crack IBPS PO with your own daily plan
Daily targets, PYQ practice sets & timed mocks — built around the IBPS PO pattern.
Get into the merit list
Your bank is allotted on merit-cum-preference, and merit comes from your Mains (80%) and interview (20%) scores. The prelims only gets you to the Mains. JobSafal builds a daily plan for both exams and shows you, mock by mock, where you stand.
Daily plan
Daily targets across Reasoning, Quant / DI, English and banking awareness.
Mock analysis
See which section is holding back your score after every mock.
Timed mocks
Practise under separately timed sections, as in the real IBPS PO exam.
PYQ practice sets
Previous-year questions with solutions, so your prep matches what IBPS PO asks.
