Bank PO (PSU Bank) Salary 2026
A Scale-I Officer / Probationary Officer in a PSU bank starts at a basic pay comparable to Level 10 of the 7th CPC (₹56,100+). While PSU banks follow bipartite settlements, most employees benchmark to CPC scales for revision expectations — a 2.86x fitment would take basic to about ₹1,60,000.
Estimate, not an official entitlement. Final 8th CPC pay, fitment, allowances, dates and arrears have not been notified. Figures are user-selected planning scenarios; see our methodology. Assumptions reviewed: 24 September 2026.
Current 7th CPC in-hand salary
8th Pay Commission projection
Basic pay only. DA resets to 0% on 8th CPC rollout; HRA and TA revised at new slabs on top.
Duties
- Handle branch operations, credit appraisal and customer service
- Cross-sell retail products and manage KYC/AML compliance
- Rotate through general banking, forex, credit and treasury desks
Allowances & perks
- DA (bipartite formula), HRA, CCA, special allowance
- Leased accommodation, medical, LFC, education loan concessions
- Superannuation via NPS + provident fund
Promotion path
Scale I → II → III → IV → V → VI → VII (GM).
Related salary tools
Projected pension and family pension after revision.
Compute arrears from the 8th CPC effective date.
Try 2.28x to 3.0x fitment scenarios instantly.
House Rent Allowance by X, Y and Z city class.
Net salary after NPS, tax and other deductions.
Projected salary increase 2026 for every pay level.