In this article, we are going to learn about a very prestigious and professional job in the banking sector – IBPS PO. IBPS stands for Institute of Banking Personnel Selection which conducts exams to select the eligible candidate for the post of PO i.e. Probationary Officer. IBPS PO is an honourable government or public sector job in the banking sector which allows the employees with benefits.
The Institute of Banking Personnel Selection offers the salary of IBPS PO which we will discuss here. Every aspiring candidate who is set to pass IBPS PO Exam must have knowledge regarding the profitable salary of a PO, including its job profile, the structure of salary and allowance, promotion policy, and career growth.
What Is The Salary Structure Of An IBPS PO?
IBPS PO includes several units in the structure of salary.
Let us briefly check the IBPS PO Salary structure:
- Basic Pay – Rs. 36000
- Special Allowance – Rs. 5904
- Dearness Allowance – Rs. 8593
- CCA (City Compensatory Allowance) – Rs. 1400
- Learning Allowance – Rs. 600
- House Rent Allowance – Rs. 3240
- Gross Salary – Rs. 57289
What Are The Functions Of An IBPS PO?
An IBPS PO works as a public relations officer and manages the field of finance, accounting, marketing, etc. The main functions of an IBPS PO are
- To approve or disapprove of loans, cheques, etc
- To supervise and manage all the activities.
- Looking after the complaints or issues of customers, Public relations, addressing issues, and complaints of customers.
- Transactions of the bank.
- Handling cash.
- Clearances of payment.
- Service to the customers
How To Study For IBPS PO? Tips To Study Better For IBPS PO 2022
To prepare for bank exams good study material, accurate mentorship, and a lot of time with dedicated preparation are needed. Similarly, to prepare for the IBPS PO exam, aspirants can use Byju’s Exam Prep which will be a sufficient resource for the students. Apart from that, let us check what other preparation tips can a student use to excel in IBPS PO 2022.
The preparation tips are as follows:
- A comprehensive study of the syllabus:
IBPS PO consists of five important subjects in the syllabus to formulate the bank’s exam. The subjects are:
- Reasoning
- Quantities aptitude
- General awareness
- English language
- Computer knowledge
Students are suggested to go through each subject’s syllabus in detail.
- The proper strategy of study:
Before, going through the preparation for an exam, an aspirant should have the proper strategy of studying to cover the important topics from the syllabus. There must be an equal study of every topic and revision of each weekly.
- Practising Mock tests:
By appearing on the mock tests of IBPS PO, the students will have a basic idea of the exam and can easily practice solving questions within a given time.
- A habit of Reading:
Any candidate must make the habit of reading a lot. Reading newspapers, magazines, books or any kind of article makes the students aware of general knowledge and keeps them updated.
- Analysing the previous year’s questions papers:
It is an effective method of preparing oneself better for the exam as it gives a detailed analysis of the questions paper pattern of the IBPS PO exam.
To study for these professional exams, the first requisite of a student is to be disciplined. They need to be focused on their studies, and study smartly for it.
IBPS PO exam demands dedication and hard work which the student must deliver mandatorily.
We have discussed IBPS PO in detail and also have shared some tips, a student might customize these tips according to his or her preference.