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IBPS PO Salary 2026: Official Pay Scale and Job Profile

IBPS PO is a common recruitment process for Probationary Officers / Management Trainees in eleven public sector banks. The CRP PO/MT-XVI notification (vacancies of 2027-28) gives one pay scale and leaves allowances, duties and promotion to the bank you are allotted. This page sticks to what the notification says, and does not estimate take-home pay.

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One process, eleven banks

The participating banks are 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.

After the Preliminary and Main exams and the interview, shortlisted candidates are provisionally allotted to one of these banks on merit-cum-preference, against the vacancies the banks actually report for 2027-28; the vacancies in the notification are indicative. Once made, the allotment cannot be changed, and a candidate who does not take up the bank’s offer loses the chance in this process.

Provisional allotment is not an offer of employment. The allotted bank verifies your documents and eligibility and decides the offer, joining and other terms; the notification says the bank itself is the final authority for recruitment.

Probation and promotion

The notification does not describe the probation, the duties or promotion. These follow the policy of the bank you are allotted, and this page does not guess at them.

Pay: basic pay from ₹48,480

The notification gives the basic pay scale as ₹48,480-2,000/7-62,480-2,340/2-67,160-2,680/7-85,920. Read it as: ₹48,480 to start, seven increments of ₹2,000 to ₹62,480, two of ₹2,340 to ₹67,160, then seven of ₹2,680 to ₹85,920.

Allowances and perquisites are as per the rules of the allotted bank in force at the time. The notification does not list them or give in-hand pay, and this page does not estimate it.

The official notification is the authority for pay, allotment and vacancies, and it changes from cycle to cycle. Confirm current details against the IBPS CRP PO/MT-XVI notification.

What IBPS PO recruits for

Probationary Officer / Management Trainee posts in the eleven participating public sector banks, for vacancies of 2027-28. The indicative vacancies, as updated in August 2026, total 7,565; actual allotment follows the vacancies the banks report.

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