Paid training program that leads to an Assistant Manager role. CTC includes variable pay.
In-hand uses the same settings for every bank: new tax regime, metro city, 40% basic, capped PF, FY 2026-27. Income tax is zero for every figure shown. Variable pay is not included.
How each bank PO route works
SBI PO and IBPS PO are the standard fresher routes. Any graduate can apply, selection is through exams and an interview, and pay follows a public sector pay scale with DA and HRA. The CTC here is the package our pages use for a Probationary Officer, and the pay-scale breakup is on each bank's own page.
HDFC Bank's PO program is a Relationship Manager role. The notification we could verify asked for 1 to 10 years of sales experience and listed a fixed band of Rs. 3 LPA to Rs. 12 LPA by experience, with performance-linked variable pay on top. That is why its range is so wide and why it is not a like-for-like fresher comparison.
Axis Bank's Young Bankers Program is a paid training route that ends in an Assistant Manager role at about Rs. 4.42 to Rs. 4.8 LPA. That CTC includes target variable pay and benefits, so the real monthly credit in the early months can be lower than the figure above.
On the CTC each bank reports, SBI PO at Rs. 20 LPA gives about ₹1,44,668 a month, IBPS PO at Rs. 17 LPA gives about ₹1,25,122 a month, ICICI Bank PO at Rs. 6.5 LPA gives about ₹49,325 a month, all in the new regime for FY 2026-27. SBI PO comes out highest among the fixed packages. HDFC Bank's PO band runs from Rs. 3 LPA to Rs. 12 LPA, set by experience, so its top end is higher but it is not a fresher role.
It depends on the bank. SBI PO at Rs. 20 LPA gives about ₹1,44,668 a month, IBPS PO at Rs. 17 LPA gives about ₹1,25,122 a month, ICICI Bank PO at Rs. 6.5 LPA gives about ₹49,325 a month. HDFC Bank's band works out to ₹21,919 to ₹94,276 a month and Axis Bank's Young Bankers range to ₹32,389 to ₹35,430. All figures use the same settings: new tax regime, metro city, 40% basic and capped PF.
The Relationship Manager PO notification we could verify, from December 2024 to February 2025, asked for 1 to 10 years of sales experience and an age limit of 35. HDFC also runs a separate fresher route through training partners, reported at about Rs. 5.59 LPA CTC. Check the current official brochure for terms.
Yes. The reported Rs. 4.42 to Rs. 4.8 LPA CTC includes an assumed performance-based target variable pay, loan benefits, insurance and retirals like PF and gratuity. Your fixed monthly salary can therefore be lower than a straight CTC to in-hand figure, so treat the number here as the upper end.
SBI PO and IBPS PO are open to graduates without work experience and are filled through exams. HDFC Bank asked for sales experience in its verified notification, and Axis Bank uses a paid training program before the Assistant Manager role. Compare the route as well as the salary before you choose.
We take each bank's reported CTC and run it through the MyInHand calculator with the same settings for every bank: new tax regime, metro city, 40% basic, capped PF and FY 2026-27 slabs. Public sector banks such as SBI and IBPS pay through a pay scale with DA and HRA, so their own pages give the exact pay-scale breakup.