IBPS PO 2026 Selection Process & Salary Scale

IBPS PO

Institute of Banking Personnel SelectionGraduate hard

The IBPS PO 2026 selection is a three-stage process combining written tests and a personal interview.

Stage-Wise Selection

StageComponentMarksWeightage
1Preliminary Examination (CBT)100Screening only
2Main Examination (CBT + Descriptive)22580% of final merit
3Interview10020% of final merit

Pay Scale & Salary (7th Bipartite)

ComponentDetails
Basic Pay (Scale I entry)Rs. 36,000 per month
Pay ScaleRs. 36,000 – 1,490 (7) – 46,430 – 1,740 (2) – 49,910 – 1,990 (7) – 63,840
Gross Salary (Metro city approx.)Rs. 52,000 – 60,000 per month

Allowances & Benefits

  • Dearness Allowance (DA) – revised quarterly
  • House Rent Allowance (HRA) – 7-9% of basic (varies by city)
  • Special Allowance – 16-17% of basic
  • Conveyance Allowance
  • Medical Aid – for self and family
  • Leave Fare Concession (LFC)
  • Defined Contribution Pension (NPS)
  • Subsidised home loans and vehicle loans
  • Staff quarters / leased accommodation

Frequently Asked Questions

Q.What is the IBPS PO in-hand salary in 2026?

The in-hand salary varies by posting city. In metro cities, the approximate in-hand salary is Rs. 52,000–60,000 per month including basic pay, DA, HRA, and special allowance.

Q.Is there a bond after joining as IBPS PO?

Most participating banks require a service bond of 2–3 years post-joining. Leaving before the bond period requires payment of the bond amount. Check individual bank terms at joining.

Q.How is the 80:20 merit calculated?

The final score = (Mains score / Maximum Mains marks) x 80 + (Interview score / 100) x 20. Prelims is not counted in this calculation.

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