IBPS has declared the final Result of IBPS PO V Exam. The candidates are now curious about the Salary and Promotion of IBPS PO. So here is an article on Salary and Promotion of IBPS PO.
Salary of IBPS PO:
In most of the public sector banks, Salary of PO is more or less the same. The latest revision of Bank PO’s salary as per 10th Bipartite settlement, took place on Nov 2012; however the final agreement was signed in May 2015. According to which the revised salary of Bank PO will come into effect from 1st January 2016.
The revised basic pay of PO thus becomes –
23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020
Here Rs. 23700 is the revised basic pay of Bank PO as applicable on