IBPS PO Salary 2020:
Institute of Banking Personnel Selection (IBPS) Released PO Notification on 04th August 2020. IBPS PO 2020 is to be conducted for 1167 vacancies. Check out IBPS PO Salary 2020 after 7th Pay commission. In this article, we are going to give the complete details of the IBPS PO Salary, In-hand Salary, Pay structure, Allowances and Promotion.
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IBPS PO 2020 Notification Details:
On-line registration Starting Date: 05.08.2020
Last Date of registration: 26.08.2020
Payment of Application Fees/Intimation Charges (Online): 05.08.2020 to 26.08.2020
Download of call letters for Pre- Exam Training: September 2020
Conduct of Pre-Exam Training: 21.09.2020 to 26.09.2020
Download of call letters for Online examination – Preliminary: October 2020
Online Examination – Preliminary: 03.10.2020, 10.10.2020 and 11.10.2020
Result of Online exam – Preliminary: October/ November 2020
Download of Call letter for Online exam – Main: November 2020
Online Examination – Main: 28.11.2020
Declaration of Result – Main: December 2020
Download of call letters for interview: January 2021
Conduct of interview: January / February 2021
Provisional Allotment: April 2021
IBPS PO Pay Scale 2020:
IBPS PO post carries the pay scale of 3700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020. It means Basic Salary of IBPS PO after 7 Years – Rs 30,560 Basic Salary of IBPS PO after 7 + 2 Years – Rs 32,850 Basic Salary of IBPS PO after 7 + 2 + 7 Years – Rs 42,020.
IBPS PO Salary 2020 Structure:
                         IBPS Bank PO Salary Structure 2020 | |
Basic Pay | 23,700 |
Special Allowance | 1,836.75 |
DA | 10,163.63 |
CCA | 870 |
Total (without HRA) | 36,570.38 |
HRA | 2,133.00 |
Gross with HRA | 38,703.38 |
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IBPS PO In-hand Salary 2020:
In-Hand salary of IBPS PO is around Rs.38,703.38 per month.
IBPS PO Promotion:
- 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:Â Assistant General Manager
- Top Management Grade Scale VI:Â Deputy General Manager
- Top Management Grade Scale VII:Â General Manager
- Executive Director (ED)
- Chairman and Managing Director (CMD)
IBPS PO 2020 Notification PDF