IBPS PO 2020 Prelims Admit Card Out: Direct Link to Download
Post 1167, Eligibility, Salary, Admit Card, Exam Date and Full Notification
IBPS PO 2020 Prelims Admit Card Out: IBPS PO Admit Card 2020 has released the Probationary Officer (PO) / Management Trainee Admit Card on 22nd September 2020 @ibps.in. The prelims exam is qualifying in nature, whereas the mains is qualifying and scoring both. IBPS has already released the exam dates of the first round of the exam. Candidates who had applied must have started their studies for the IBPS PO prelims exam. Check the IBPS PO prelims exam dates and other exam dates below. Candidates can check the exam dates below.
IBPS provides its services to all Public-Sector Banks (PNB, BOB, etc.), SBI, RBI, NABARD, SIDBI, LIC & Insurance companies and other Banks which are regular members of the IBPS society. In 2011, IBPS started the Common Written Examination (CWE) for recruiting officers and clerks in Indian Bank and accepts online application through its official website. IBPS PO exam is conducted at various locations throughout India and in online mode only. IBPS CRP PO/MT-X Prelims Exam 2020 is scheduled to be held on 3rd, 4th & 10th October 2020 while the IBPS PO Main Examination will be tentatively held on 28th November 2020
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IBPS PO 2020: Important Dates
| Events | Date |
| IBPS PO 2020 Notification | 4th August 2020 |
| On-line registration Starts From | 5th August 2020 |
| On-line registration Ends on | 26th August 2020 |
| Download of call letters for Pre- Exam Training | September 2020 |
| Conduct of Pre-Exam Training | September 2020 |
| IBPS PO Preliminary Admit Card | October 2020 |
| IBPS PO 2020 Preliminary Exam Date | 3rd, 4th & 10th October 2020 |
| IBPS PO Preliminary Result Date | October 2020 |
| IBPS PO 2020 Mains Exam Date | 28th November 2020 |
| IBPS PO Mains Result Date | December 2020 |
| Conduct of interview | January / February 2020 |
| IBPS PO 2020 Provisional Allotment | 1st April 2021 |
IBPS PO 2020: Application Fee
- General / OBC : 850/-
- SC / ST / PH : 175/-
- Pay the Examination Fee Through Online Fee Mode Debit Card, Credit Card, Net Banking, Mobile Banking, E Wallet, Cash Card, IMPS and E Challan Fee Mode
IBPS PO 2020: Age Limit as on 1/8/2020
- Minimum : 20 Years
- Maximum : 30 Years
- Age Relaxation Extra as per IBPS Rules
IBPS PO 2020: Vacancy Details Total : 1167 Post
General : 587 | OBC : 233 | EWS: 118 | SC : 159 | ST : 71
Post Name | Total Post | Age Limit | Eligibility | |||||||||
Probationary Officer PO / Management Trainee MT | 1167 | 20-30 As on 01/08/2020 | Bachelor Degree in Any Stream in Any Recognized Board in India. | |||||||||
IBPS PO 2020: Bank-Wise Vacancy Details
Bank Name | General | EWS | OBC | ST | SC | Total | ||||||
Bank of India (BOI) | 297 | 74 | 198 | 55 | 110 | 734 | ||||||
UCO Bank | 256 | 35 | 14 | 10 | 35 | 350 | ||||||
Punjab & Sindh Bank | 34 | 08 | 21 | 06 | 14 | 83 | ||||||
Available Posts for IBPS PO 2020-21: 1167
Available Posts for IBPS PO 2019-20: 4336
Available Posts for IBPS PO 2018-19: 4252
IBPS PO Salary
here are different components in the salary structure, lets discuss each component one by one:
IBPS PO Basic Pay: The revised basic IBPS PO salary is rupees 23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020. It means Basic Salary of IBPS PO after 7 Years – Rs 30,560 Basic Salary of IBPS PO after 7 + 2 Years – Rs 32,850 Basic Salary of IBPS PO after 7 + 2 + 7 Years – Rs 42,020. (as per 10th Bipartite settlement)
IBPS PO Salary Structure
| Basic Pay | 23,700 |
| Special Allowance | 1,836.75 |
| DA | 10,163.63 |
| CCA | 870 |
| Total (without HRA) | 36,570.38 |
| HRA | 2,133.00 |
| Gross with HRA | 38,703.38 |
IBPS PO Salary in India after the Bipartite Settlement
Wage revision for bank employees is due from November 2017 under the 11th bipartite settlement, which would span five years till 2022. Nearly 8.8 lakh employees would benefit if the 11th bipartite settlement is agreed and accepted. There is a provision of timely increment of the pay of the IBPS PO officer as given below:
| Increment Percentage | Basic Pay | Gross Salary |
| 15 % | Rs.26,706/- | Rs.37,068/- |
| 20 % | Rs.27,866/- | Rs.38678/- |
| 25 % | Rs.29,026/- | Rs.40,288/- |
| 30 % | Rs.30,187/- | Rs.41,899/- |
IBPS PO Allowances
| IBPS PO Basic Pay | Rs 23700/- ( Increment in 4 stages- Salary after 1st Increment- Rs. 30560/- Salary after 2nd Increment-Rs. 32850/- Salary after 3rd Increment- Rs. 42020/- |
| House Rent Allowances | 7%-9% of the basic pay |
| Dearness Allowance | 39.8% of the Basic Pay (Varies based on inflation rates) |
| City Compensatory Allowance (CCA) | 3% or 4%(depending on the place of posting) |
| Special Allowance | 7.75% of the basic pay |
IBPS PO House Rent Allowance (HRA): It varies according to place of posting and can be 9.0% or 8.0% or 7.0% of the basic salary depending upon type of cities (i.e., metros, big cities or other locations).
IBPS PO Dearness Allowance (DA): Dearness Allowance (DA) is given to the employees as a percentage of the basic salary (In January 2016, it was around 39.8% of the basic salary). This is revised every three months based on the All India Consumer Price Index Data published by the Ministry of Statistics and Program Implementation, Government of India. The Bank unions are determined to make it a monthly revision in the impending wage settlement.
IBPS PO Special Allowance (SA): This allowance has been included in the last wage revision for the banks. It is about 7.75% of the basic pay. It came into effect from 01.01.2016.
IBPS PO City Compensatory Allowance (CCA): Based on the type of city, it might be 0%, 3% or 4%.
Some other perks of an IBPS Probationary Officer are Traveling Allowance, Newspaper Reimbursement, Medical Aid, Benefits under New Pension Scheme etc. If we sum up then the salary may be 35,000+ rupees.
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IMPORTANT LINKS
IBPS PO Prelims Admit Card | |||||||||
Apply Online | |||||||||
Download Notification | |||||||||
Official Website | |||||||||
Previous Year Papers | Click Here | ||||||||
IBPS PO Previous Year Cut-Off | |||||||||
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