Banking career path in India 2026

Entry-level to executive · salary ranges updated 2026 · PSU banks

Bank Clerk

IBPS Clerk / RRB Clerk exam · clerical cadre entry

₹37,000 – ₹46,000 / month

Probationary Officer (PO)

IBPS PO / SBI PO exam · JMGS-I officer entry

₹52,000 – ₹75,000 / month

Credit / Loan Officer

IBPS SO / internal promotion · Scale II officer

₹65,000 – ₹94,000 / month

Branch Manager

Promotion from officer cadre · Scale III

₹85,000 – ₹1,25,000 / month

Regional Manager

Senior management promotion · Scale IV–V

₹1,20,000 – ₹1,80,000 / month

General Manager / Executive Director

Executive promotion · board appointment · GM grade

₹1,80,000 – ₹3,00,000 / month

Role / level

Gross monthly salary (incl. DA, HRA, allowances)

Career milestone

Source: IBPS, SBI, industry data 2026 · Figures for public sector banks