Bank PO Salary 2020 In hand Salary, Structure, Job Profile, Perks

Bank jobs are a better option for the youth after railways. Proper guidance is necessary along with the right information to go into the field of banking. Otherwise, success does not come, the job of the bank also attracts the youth, because with a good salary in it, its future is also protected. Goes and gets a good respect in the society. We are going to tell you about a similar job. Bank (PO) job is one of the reputed jobs. If you want to pursue a career in bank banking . So you have to do it in a planned manner for preparation. Then you can get great success in this field. Rural Bank PO Salary, All Bank PO Salary, What is Bank PO, Educational Qualification for Bank PO, Monthly PO Bank What is the salary, Bank PO Ka Monthly Salary Kitna Hota Hai, SBI PO Salary, Bank PO Monthly Salary, SBI PO Salary 2020 In Hand Salary, Structure, Job Profile, Perks, Bank PO What are the responsibilities?

Bank PO Job Profile : – First of all, you should know the full form of PO. Its Full Form Probationary Officer. PO mainly serves as Scale-1 Assistant Manager in the bank. PO Grade-1 Scale is the post of Junior Manager. For this reason, he is also called as Scale-1 officer.

What are the responsibilities of a bank (PO) : – Bank (PO) has various types of important responsibilities. (PO) is provided training at the time of probation period to get acquainted with the working procedure related to the bank. This includes Finance Investment Building’s Partner Investments etc. (PO) on the shoulder of the bank’s unprecedented Responsibility. Taking the best solution to customer complaints and taking the bank towards progress means that the bank’s business will grow. When PO works as per the parameters set by the bank, then it is transferred to big and important responsibilities like planning, budgeting, loan processing and investment management.

What is the qualification of a candidate to make a career in a bank (PO): –

Age limit: – For bank (PO) examination, the age of the candidate should also be between 21-30. In addition, the candidate is given relaxation in age limit under certain special circumstances. Such as SSC, ST and Ex-servicemen and candidates joining J&K quota 5 years relaxation and OBC candidates are given 3 years concession.

Candidate’s Educational Qualification: – The educational qualification of a competitive student preparing for Bank (PO) is required to graduate from a recognized school. Also, no criminal record of any kind should be recorded. There is a rule to cancel a candidate’s exam.

Where the successful candidate is appointed in PO Bank Exam: – In the Bank (PO) Examination is taken out. Every Government and Private Bank conducts the Bank (PO) Examination every year for the appointment of Young Officer. The major banks participating include State of India, Bank of Baroda, Allahabad Bank, Punjab National Bank, Bank of Maharashtra, HDFC Bank, Oriental Bank Syndicate Bank and Corporation Bank.

How much is the salary of Bank (PO) (IBPS PO Salary 2020): – After taking the exam of the candidate, that is, after getting success in the examination, the competitive student is appointed. Now comes the matter of salary, we have already told you, we have already told you (PO) job in the bank comes in a high quality banking job. Talk about the basic salary of (PO) in the bank, then Rs. 23,700 Huh. In addition, calculation of DA, HRA, CCA as well as special allowance etc. comes to about 40000 per month. The special thing is that PO salary is same in all banks.

Bank PO Monthly Salary 2020:- 

IBPS Bank PO Salary Structure 2020
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

Bank PO Allowances:- 

Bank PO Salary Allowances:-
Dearness Allowance (DA) 46.9% of the Basic Pay (Revised Quarterly)
(CCA) This varies with the place of posting at 4% or 3%.
HRA 9%, 8% or 7% (Depends on the place of posting)
Furniture Allowance Rs. 120000/-
Medical Insurance 100% medical coverage for SBI employees and 75% for their family members
Travelling Allowance For official travels, reimbursement of AC 2-tier fare is provided
Petrol Rs. 1100-1250

Bank PO Promotion:-

  • Assistant Manager
  • Deputy Manager
  • Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Deputy Managing Director
  • Managing Director
  • Chairman
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