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For Banking Exam AspirantsIBPS Releases PO/MT XVI 2026 Notification for 6,715+ Probationary Officer Posts
Published 07 Jul 2026 · BankPulse Bytes
Quick answerThe Institute of Banking Personnel Selection (IBPS) has released its PO/Management Trainee XVI 2026 notification for more than 6,715 Probationary Officer posts across public sector banks, with applications open 1-21 July 2026, prelims in August 2026, and a starting salary of roughly Rs 57,000-60,000.
IBPS has released the official notification for its Probationary Officer / Management Trainee (PO/MT) XVI 2026 recruitment exercise, opening over 6,715 posts across participating public sector banks nationwide -- one of the largest banking-sector recruitment drives of the year.
Online applications are open from 1 to 21 July 2026. The preliminary examination is scheduled for August 2026, followed by the mains examination and interview process at later stages, per the standard IBPS PO/MT selection cycle.
Reports indicate a starting salary in the range of roughly Rs 57,000 to Rs 60,000 per month for selected candidates, though the exact structure (basic pay, DA, HRA and other allowances) is set out in the official IBPS notification, which aspirants should treat as the authoritative source for eligibility, exam pattern and the full salary breakup.
This is a Tier-1 signal for the crores of banking exam aspirants BankPulse tracks -- candidates should confirm eligibility criteria (age limit, educational qualification, category-wise relaxations) directly against the official ibps.in notification before applying.
Frequently asked questions
When do IBPS PO/MT XVI 2026 applications close?
Reports indicate the application window runs from 1 to 21 July 2026. Candidates should confirm the exact closing date and time on the official IBPS website (ibps.in), as portals sometimes see last-day extensions.
How many posts are open in this IBPS PO/MT XVI 2026 recruitment?
More than 6,715 Probationary Officer / Management Trainee posts are being recruited for across participating public sector banks, per the released notification.
What is the expected starting salary for IBPS PO/MT selectees?
Media reports put the starting salary at approximately Rs 57,000-60,000 per month; the exact pay scale, allowances and perquisites are specified in the official IBPS notification.
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