In India or anywhere, every person wants a secured job and the government jobs are the best options for the secured and a regular income which a person can get by clearing some exams or the eligibility criteria that is set for the particular exam. For the candidates who are interested into the banking fields there is the exam of the banking operations of IBPS PO. This is one of the stable and the secured jobs in the public sector with the lots of benefits, allowances, and the regular source of income. To clear the exam of IBPS PO there are some terms and conditions with the selection promotions. In this article we will learn about the salary of the IBPS PO with all the fundings and allowances. Apart from that some of the necessary things that you should know about the job of IBPS PO.
IBPS PO Salary
IBPS PO salary includes the lots of stages for the promotion and get the reputable salary with every step of promotion. The salary starts for the IBPS PO job from 36,000 to 1,00,000.
Here is the brief detail about the salary of the employee of IBPS PO and all the deductions and allowances are covered in the section of salary. From the basic salary structure to the gross, in hand salary all the details are mentioned in this article such as :
- Basic Pay: Rs. 36,000 to Rs. 48,480 is the basic income of the IBPS PO employee.
- Gross Salary: Rs. 57,289 to Rs. 90,732 as per the recent updates about the salary distributions in the gross salary.
- In hand Salary: On hand salary ranges from Rs. 52,630 to Rs. 76,430. This is the final salary with the deducted amount.
- Allowances : Here are the allowances that are giving with the salary with time to time period such as
- DA Dearness allowance: DA will add as 19.83% – 23.87% of the basic pay.
- HRA House Rent Allowance: This is 7-9% of the basic pay as per the salary of the employee.
- Special Allowance: Special allowance added as 7.75% of the basic salary of the employee.
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Job Profile and Promotion Stages
To achieve any dream there are the step to step stairs to achieve the particular aim. As same of that to get the promotion in your jobs there are the lots of struggle and some steps to achieve something big such as :
- JMGS I (Junior Management Grade Scale I)
- MMGS II (Middle Manager Grade Scale II)
- Senior Manager (MMGS III)
- Chief Manager (SMGS IV)
- Assistant General Manager (SMGS V)
- (Top Management Grade Scale 6) Deputy General Manager
- General Manager (Top Management Grade Scale 7)
- Executive Director
- Chairman and managing director
Responsibilities of IBPS PO
IBPS PO is the job that comes with lots of responsibilities and demands lots of duties in the favor of customers and the audience. Here are some of the responsibilities of IBPS PO such as :
- IBPS PO’s first main responsibility is to attend to the customer and resolve all the queries that the user faced with the particular bank.
- IBPS PO also looks over the operations that are going into the branch.
- IBPS PO makes and handles the relations with the public and maintains by resolving the issues and helping someone.
- They will carry over the loan applications with itself and manage all the transactions that are going into the bank.
- They will contribute in the development of enhancing the business development.
Conclusion
IBPS PO is a reputable government job in the banking sector which offers a wide range of benefits with the secured income of a human being. With the lots of benefits and perks the job has lots of responsibilities with itself which leads to several opportunities for growth, stability, and getting a secured and competitive salary. A person will not get stuck with only one salary but get promoted timely with the lots of wages, allowances and the income that will also give you the benefits for the future income. If you are interested in banking operations you can clear the eligibility, and the exam for the IBPS PO and get the respected and reputable job of IBPS PO.
Frequently Asked Questions (FAQs)
Basic salary of IBPS PO is considered as Rs 36,000 to Rs 48,480.
Minimum age required to be eligible for the criteria of IBPS PO is 20 years old.
Maximum salary of IBPS PO ranges Rs. 90,000 to Rs 1,00,000 per month.
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