What is the in-hand salary of IBPS PO per month?

The in-hand salary of an IBPS PO officer ranges from approximately ₹36,000 to ₹42,000 per month depending on the posting city. Metro city postings receive higher HRA (9% of basic pay), which pushes the take-home higher. The gross salary (before deductions) is around ₹52,000–₹55,000. Deductions include NPS contribution, professional tax, and insurance premium.

What is the basic pay of IBPS PO?

The basic pay of an IBPS PO (Scale I officer) is ₹23,700 per month at the time of joining. The pay scale is ₹23700–980/7–30560–1145/2–32850–1310/7–42020, meaning the basic pay increases by ₹980 annually for the first 7 years, then by ₹1,145 for the next 2 years, and ₹1,310 for the final 7 years within Scale I.

What are the perks and allowances given to IBPS PO?

IBPS PO officers receive: Dearness Allowance (DA, revised quarterly), House Rent Allowance (HRA, 7–9% of basic based on city), Special Allowance, City Compensatory Allowance (CCA), medical aid, leased accommodation or furniture allowance, travel allowance, newspaper reimbursement, and staff loan at subsidised interest rates. Petrol reimbursement and mobile phone allowance are also provided in many banks.

How much does an IBPS PO earn after all deductions?

After deductions (NPS at 10% of basic+DA, professional tax ₹200/month, group insurance ~₹100–200/month), the net in-hand salary for an IBPS PO in a metro city is approximately ₹38,000–₹42,000 per month. In non-metro cities, lower HRA reduces take-home to roughly ₹34,000–₹38,000. These figures are approximate and vary by bank and city.

What is the IBPS PO salary growth after promotion?

IBPS PO officers are promoted through Scale II (Manager), Scale III (Senior Manager), Scale IV (Chief Manager), Scale V (AGM), Scale VI (DGM), and Scale VII (GM). At Scale II, in-hand salary reaches ₹48,000–₹55,000. At Scale III (Senior Manager), it crosses ₹60,000. By Scale V (AGM), monthly take-home can reach ₹90,000–₹1,00,000+.

Is IBPS PO salary better than SBI PO?

SBI PO has a slightly higher starting basic pay (₹27,620 vs ₹23,700 for IBPS PO). SBI PO's in-hand salary is approximately ₹42,000–₹52,000 per month — marginally higher than IBPS PO. However, IBPS PO offers placement across 11 banks with varied locations and growth paths. Both offer broadly comparable compensation; SBI has an edge in basic pay and brand recognition.

Do IBPS PO officers get a home loan at lower interest rates?

Yes. IBPS PO officers (and all bank employees) are eligible for staff housing loans at significantly concessional interest rates — typically 2–3% below the prevailing retail rate. For a ₹30 lakh home loan, this translates to EMI savings of ₹6,000–₹10,000 per month compared to what a non-bank employee would pay. This benefit substantially increases the effective value of the compensation package.

What is the pay scale for IBPS PO Scale I?

The IBPS PO Scale I pay scale is ₹23700–980/7–30560–1145/2–32850–1310/7–42020. This means: starting basic pay ₹23,700; annual increment of ₹980 for 7 years (reaching ₹30,560); then ₹1,145 for 2 years (reaching ₹32,850); then ₹1,310 for 7 years (reaching ₹42,020). The entire Scale I progression takes approximately 16 years.

What deductions are made from IBPS PO salary?

Standard monthly deductions from IBPS PO gross salary include: NPS (National Pension System) contribution at 10% of basic pay + DA; professional tax (~₹200/month, varies by state); group insurance premium (~₹100–200/month); and income tax (if applicable, based on total annual income). Recovery of any staff loans taken is also deducted directly from salary.

Is PrepBanker free for IBPS PO mock tests?

Yes. PrepBanker offers one free full-length IBPS PO Prelims mock test at app.prepgrind.com/signup/ibps-po — no payment or credit card needed. The free test includes real-time sectional timers, score analysis, accuracy breakdown, and topic-wise performance. Additional full mocks, Mains tests, and DPPs are part of paid plans.

What is the basic pay of IBPS PO in 2026?

The starting basic pay of IBPS PO in 2026 is Rs. 48,480 per month under the 12th Bipartite Settlement.

What is the IBPS PO pay scale?

The IBPS PO pay scale is Rs. 48,480-2,000/7-62,480-2,340/2-67,160-2,680/7-85,920, allowing basic pay to reach a maximum of Rs. 85,920 in Scale I.

What is the in-hand salary of IBPS PO 2026?

The IBPS PO in-hand salary in 2026 is approximately Rs. 65,000 to Rs. 76,000 per month, varying by posting city and applicable deductions.

Why do IBPS PO in-hand salary figures vary so much across websites?

In-hand salary estimates vary because they depend on posting city, NPS deduction rate, tax regime chosen, and quarterly Dearness Allowance revisions, none of which are fixed nationally.

What is the gross salary of IBPS PO in a metro city?

The gross monthly salary of an IBPS PO in a metro city is approximately Rs. 85,000 to Rs. 90,000, including all allowances.

Under which settlement is the IBPS PO salary structured?

The IBPS PO salary follows the 12th Bipartite Settlement (9th Joint Note), signed in March 2024 and effective from November 2022.

How much is deducted for NPS from IBPS PO salary?

Approximately 10% of Basic Pay plus Dearness Allowance is deducted monthly for the National Pension System.

What was the IBPS PO basic pay before the 12th Bipartite Settlement?

Under the previous 11th Bipartite Settlement, the starting basic pay was Rs. 36,000, which increased to Rs. 48,480 under the 12th Bipartite Settlement.

What is the annual CTC of an IBPS PO in 2026?

The annual CTC of an IBPS PO in 2026 is approximately Rs. 9 lakh to Rs. 10.5 lakh, excluding one-off bonuses.

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IBPS PO Salary 2026

Basic pay, real in-hand range by city, and why every website quotes a different number — plus a calculator so you can see your own estimate instead of trusting someone else's average.

🟢 Basic Pay: ₹48,480/month (12th Bipartite Settlement)|🟢 Pay Scale: ₹48,480 – 85,920|🟡 In-Hand Salary: ₹65,000 – ₹76,000/month

Understanding Salary Variances

You'll see IBPS PO in-hand salary quoted anywhere from ₹52,000 to ₹80,000 across different sites. That's not an error — it depends on your posting city, tax regime, and how much of NPS/professional tax each estimate accounts for. We break down exactly where that range comes from below.

Calculate Your Estimated In-Hand Salary See the Full Selection Process

Salary Key Highlights

Starting Basic₹48,480

Scale I Maximum₹85,920

Gross Metro₹85,000–90,000

Annual CTC₹9.0 – 10.5 Lakh

Wage structures follow the 12th Bipartite Settlement guidelines.

Overview Guide Notification Admit Card Vacancy Syllabus Important Dates Cut Off Exam Pattern Eligibility Selection Process Salary Mock Tests English Tests Quant Tests Reasoning Tests Study Plan

On This Page

1Basic Pay & Scale
2Salary Variance Variables
3Gross Salary Breakdown
4City-wise In-hand Pay
5Annual CTC Value
6Salary Growth Milestones
7Allowances & Perks list
8Salary Calculator

IBPS PO Basic Pay & Pay Scale 2026

CRP Scale I Standard

Pay Band Increments

Increment Stages Under 12th BPS

Initial basic pay: ₹48,480Starting value with annual increments of ₹2,000 for the first 7 years.

Middle stage: ₹62,480Annual increments increase to ₹2,340 for the next 2 years.

Senior Stage: ₹67,160Annual increments increase to ₹2,680 for the next 7 years.

Maximum basic pay: ₹85,920Highest possible basic pay for Scale I officers before promotions.

12th Bipartite Settlement

17% Wage Hike

The basic pay was revised upwards from ₹36,000 to ₹48,480 base with retro-active effect, significantly boosting in-hand salary.

*Effective from November 2022 under the latest 9th Joint Note guidelines.

Why In-Hand Salary Estimates Vary So Much

estimates fluctuate due to a variety of location-dependent and individual allocation choices.

Posting Location

Metros/Tier 1 cities receive higher HRA (up to 9% of basic) and Compensatory Allowance than Rural postings.

NPS Deduction

A mandatory 10% of (Basic + DA) is deducted monthly towards the National Pension System.

Chosen Tax Regime

Old vs New tax regimes impact your monthly TDS declarations and deduction limits.

Dearness Allowance (DA)

Revised quarterly based on the Consumer Price Index (CPI), causing regular base salary changes.

Bottom line: A defensible, verified range for 2026 in-hand salary is approximately ₹65,000 to ₹76,000/month, with metro postings and lower deductions landing at the higher end.

IBPS PO Gross Salary Breakdown

Statement of Earnings

Estimated Gross Monthly Payslip

CRP Scale I Officer

Basic Pay (New Scale)₹48,480

Dearness Allowance (DA)₹15,000 – ₹17,000

House Rent Allowance (HRA)₹4,000 – ₹6,500

Special Allowance₹5,900 – ₹7,000

City Compensatory Allowance (CCA)₹1,400 – ₹2,300

Gross Monthly Total:₹76,000 – ₹90,000

In-Hand Salary by City Type

Location ScaleClass A

Metro Cities

₹70,000 – ₹76,000

Class A postings (Mumbai, Delhi, Kolkata, Bengaluru) with maximum HRA brackets.

Location ScaleClass B

Urban Cities

₹67,000 – ₹70,000

Class B postings (State capitals, major Tier 2 hubs) with medium-grade allowances.

Location ScaleClass C

Semi-Urban

₹65,000 – ₹67,000

Class C locations (District headquarters, larger towns).

Location ScaleClass D

Rural Postings

₹63,000 – ₹65,000

Class D remote postings with basic HRA but lower general living costs.

IBPS PO Annual CTC Package

Total Compensation

Estimated Annual CTC Package

₹9.0 – ₹10.5 LPA

Factor in your base salary, Dearness Allowance revisions, quarterly perks, leased house provisions, and the matching 14% NPS employer contribution to arrive at the total cost-to-company value.

CTC Value Distribution

Cash Component (80%)

NPS (10%)

Perks (10%)

Salary Growth Over Time (Scale I → Promotions)

Joining Scale I (Year 1)Standard initial scale officer pay structure upon clearing CRP exams.

₹48,480 basic pay₹65,000 – ₹76,000 in-hand

Scale I (Year 5)Accumulation of regular annual increments and quarterly DA shifts.

≈ ₹58,000 basic pay₹75,000 – ₹85,000 in-hand

Scale II Promotion (Manager)Salary jumps into the Scale II bracket upon clearing internal department promotional exams.

Scale II base structureTypically exceeds ₹85,000

IBPS PO Allowances & Perks

Monthly Direct Allowances

Dearness Allowance (DA): Adjusted quarterly based on the AICPIN index to offset inflation.

House Rent Allowance (HRA): Ranges from 7% to 9% depending on metro vs rural class locations.

Special & CCA Allowances: Extra monthly compensations based on officer scale and urban criteria.

Additional Indirect Perks

Medical Insurance Scheme: Provides 100% hospitalization cover for self and eligible dependents.

Concessional Loan Interest: Access cheap staff rates for vehicle, home, and personal loans.

Leased Housing facility: Many banks allow direct lease options in lieu of standard monthly HRA.

IBPS PO Salary Calculator

Select your posting details below to calculate your estimated gross salary and net in-hand monthly pay.

City Classification

Years of Service (Scale I)

Tax Regime

Estimated Gross Monthly₹77,580

Estimated Net In-Hand₹70,632

Earnings breakdown

Basic Pay₹48,480

Dearness Allowance₹16,000

HRA (Rent Allowance)₹4,800

Special Allowance₹6,300

CCA (City Allowance)₹2,300

Deductions breakdown

NPS (10% Base+DA)₹6,448

Tax TDS & Professional₹500

Disclaimer: This tool calculates a monthly payroll simulation using baseline assumptions. Individual results will differ depending on your selected tax deductions, bank- leased accommodation choice, and quarterly inflation rate changes.

Continue Your IBPS PO 2026 Preparation

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Reviewed by: PrepBanker Exam Desk· Last Updated: 27 July 2026· Source: Official IBPS wage settlements, ibps.in

Disclaimer: This page is independently maintained by PrepBanker for candidate convenience. For the final and authoritative version of any wage scale, allowance percentages, or benefit criteria, always cross-check with the official guidelines published on ibps.in.

PrepBanker Editorial & Verification Standards

Written By

Yashraj Deshmukh

Senior Content Manager – Banking Exams, PrepBanker

Cleared IBPS PO (2021) • 7+ Years Experience • Verified 500+ mock papers

Yashraj Deshmukh has been writing and reviewing banking exam content for 7 years. He cleared IBPS PO in 2021, has a background in banking awareness content for 5+ years, and has reviewed 500+ mock test papers for accuracy against the latest SBI pattern. At PrepBanker, Yashraj tracks every SBI and IBPS notification the day it's released and personally verifies vacancy, salary, and exam-date updates against the official SBI/IBPS PDFs before they go live on this page.

Reviewed By

Divya Bhosale

Subject Matter Expert, Quantitative Aptitude, PrepBanker

IDBI Junior Assistant Manager • Bank of Maharashtra Customer Service Associate via IBPS PO

Divya Bhosale has been reviewing quantitative aptitude and banking exam material for PrepBanker. She has cleared the IDBI Junior Assistant Manager exam and served as a Customer Service Associate at the Bank of Maharashtra via IBPS PO, bringing invaluable real-world exam expertise to PrepBanker.

Last updated: July 10, 2026

Next scheduled review: August 22, 2026 (admit card release)