IBPS PO Salary 2026: Basic Pay, Pay Scale and Allowances
Last updated: 2026-11-13 · MockMentor
A Probationary Officer or Management Trainee selected through IBPS starts at a basic pay of ₹48,480 a month. Allowances and perks are paid by the bank you are allotted to, under that bank's rules. The pay scale is from the CRP PO/MT-XVI notification.
IBPS PO salary at a glance
| Item | Details |
|---|---|
| Post | Probationary Officer / Management Trainee |
| Starting basic pay | ₹48,480 a month |
| Pay scale | ₹48,480 – 2,000/7 – 62,480 – 2,340/2 – 67,160 – 2,680/7 – 85,920 |
| Allowances and perks | As per the rules of the participating bank |
The pay scale explained
- Basic pay starts at ₹48,480 and rises by ₹2,000 a year for 7 years, to ₹62,480.
- It then rises by ₹2,340 a year for 2 years, to ₹67,160.
- It then rises by ₹2,680 a year for 7 years, to ₹85,920, the top of the scale.
This is the same scale SBI uses for its Probationary Officers. The difference is that SBI gives 4 advance increments on joining, so an SBI PO starts higher on the same scale. See our SBI PO salary page.
Allowances and perks
IBPS's notification says only that officers get allowances and perquisites under the rules of their bank. Public sector bank officers usually receive:
- Dearness Allowance (DA), revised every quarter
- House Rent Allowance (HRA), or leased accommodation
- City Compensatory Allowance in some cities
- Medical benefits, leave fare concession and the National Pension System (NPS)
- Concessional staff loans
The exact gross and in-hand pay differs by bank and by city, so check your allotted bank's offer letter.
Does the bank you get change your pay?
The basic pay scale is the same in all 11 banks. Allowances, perks, training periods and service bonds are set by each bank, so the package and conditions can differ a little from bank to bank.
Frequently asked questions
What is the starting basic pay of an IBPS PO?
₹48,480 a month, in the scale ₹48,480 – 2,000/7 – 62,480 – 2,340/2 – 67,160 – 2,680/7 – 85,920.
Is IBPS PO salary the same in every bank?
The basic pay scale is the same. Allowances and perks follow each bank's rules, so the total package can differ slightly.
Is IBPS PO salary less than SBI PO?
Both use the same scale, but SBI POs get 4 advance increments on joining, so their starting basic pay is higher.
Read next: vacancies by bank and the exam pattern.
Source: IBPS: Detailed Notification for CRP PO/MT-XVI, dated 30 June 2026, compensation table.