How it's calculated
Each increment moves you to the next step of the scale. The table below lists every step.
Estimate only. Official results, marks and eligibility are decided by IBPS and the participating banks. Verify on the official website.
Worked example
On joining the basic pay is ₹48,480. After 7 more increments of ₹2,000 it reaches ₹62,480, the end of the first stage of the scale.
Basic pay by increment (Probationary Officer / Management Trainee (JMGS-I))
| Increments after joining | Basic pay |
|---|---|
| On joining | ₹48,480 |
| 1 | ₹50,480 |
| 2 | ₹52,480 |
| 3 | ₹54,480 |
| 4 | ₹56,480 |
| 5 | ₹58,480 |
| 6 | ₹60,480 |
| 7 | ₹62,480 |
| 8 | ₹64,820 |
| 9 | ₹67,160 |
| 10 | ₹69,840 |
| 11 | ₹72,520 |
| 12 | ₹75,200 |
| 13 | ₹77,880 |
| 14 | ₹80,560 |
| 15 | ₹83,240 |
| 16 | ₹85,920 (maximum) |
'The official will be eligible for allowances & perquisites as per rules of the Participating Bank in force from time to time.' The notification mentions no advance increments.
What the salary includes
- Basic pay as above, plus allowances and perquisites under the bank's rules.
Frequently asked questions
What is the starting basic pay in IBPS PO 2026?
₹48,480, in the scale 48480-2000/7-62480-2340/2-67160-2680/7-85920 (Probationary Officer / Management Trainee (JMGS-I)).
What is the maximum basic pay in this scale?
₹85,920, reached after 16 increments from joining.
Are DA, HRA and other allowances included?
No. The notice says allowances and perquisites follow the bank’s own rules in force from time to time, so this page shows basic pay only. Your offer letter and pay slip will show the full amount.
How do I read a scale like 48480-2000/7-62480?
Start at ₹48,480 and add ₹2,000 seven times to reach ₹62,480. The next parts of the scale add their own increment the stated number of times, up to the maximum.
Is IBPS PO salary the same in every bank?
The basic pay scale in the notice is the same for all participating public sector banks. Allowances and perquisites follow each bank’s own rules, so take-home pay can differ.
Sources
- IBPS Notification CRP PO/MT-XVI (vacancies of 2027-28), file dated 30-06-2026 (Internet Archive copy of the ibps.in PDF), Compensation, Institute of Banking Personnel Selection (IBPS)