IBPS SO Salary 2024: Candidates who are interested in the IBPS SO online application must check the salary, pay scale, roles and responsibilities, and other aspects. This will help them understand the offerings and identify whether the job profile aligns with their career goals. All the selected candidates will receive a basic IBPS SO salary of Rs 23700, with the in hand salary ranging between Rs 37000 and Rs 38000 per month. In this article, we have shared the IBPS SO Salary 2024 including monthly salary, allowances, job profile and career growth opportunities.
Also Check,
| IBPS SO Eligibility Criteria 2024 |
| IBPS SO Syllabus 2024 |
| IBPS SO Notification PDF 2024 |
IBPS SO Salary 2024
IBPS conducts the IBPS SO exam every year to fill up huge vacancies for specialist officers in participating banks. A huge number of candidates are attracted to this post due to its lucrative IBPS SO Salary, allowances, and job security. All the qualified candidates will receive a basic IBPS SO salary of Rs 23700 in the pay scale of Rs 23700 - 42020. IBPS Specialist Officer is a prestigious job profile that requires certain qualifications for six different posts such as I.T. Officer (Scale I), Agricultural Field Officer (Scale I), Rajbhasha Adhikari (Scale I), Law Officer (Scale I), HR/Personnel Officer (Scale I), and Marketing Officer (Scale I). Read on to learn more about the IBPS SO Salary 2024 including monthly salary, allowances, job profile and career growth opportunities.
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IBPS SO Salary Structure
The IBPS SO salary structure comprises basic pay, pay scale, allowances, deductions, gross earnings, net earnings, and much more. Here is the salary structure of the IBPS Specialist Officer shared below for the reference of the candidates.
| Pay Scale | Rs 23700 - 42020 |
| Basic Pay | Rs 23700 |
| DA | 36% of basic pay |
| HRA | 7% to 9% |
| City Compensatory Allowance | 0% to 4% |
| IBPS SO In Hand Salary | Rs 37000-Rs 38000 per month (approx) |
IBPS SO Salary In Hand
Candidates declared successful in the IBPS PO 2024 exam will get the job profile of Junior Management Grade Scale I Cadre. The pay scale of I.T. Officer (Scale I), Agricultural Field Officer (Scale I), Rajbhasha Adhikari (Scale I), Law Officer (Scale I), HR/Personnel Officer (Scale I), and Marketing Officer (Scale I) is almost the same. The IBPS SO Salary After 7th Pay Commission will range between Rs 37000-Rs 38000 per month (Approx) including allowances as per the city the employees are posted in.
IBPS SO Salary: Allowances
Along with a lucrative IBPS SO salary, all the qualified candidates will receive numerous perks and allowances as per the IBPS guidelines. However, the allowances differ as per the job location of the IBPS SO post. The following perks and allowances are involved in the IBPS SO in hand salary:
- Dearness Allowance
- House Rent Allowance
- City Compensatory Allowance
- Conveyance Allowance
- Special Allowance
- Lease Allowance
- PF Contribution
IBPS SO Salary: Job Profile
The IBPS SO Job Profile varies as per the post including I.T. Officer (Scale I), Agricultural Field Officer (Scale I), Rajbhasha Adhikari (Scale I), Law Officer (Scale I), HR/Personnel Officer (Scale I), and Marketing Officer (Scale I). However, all qualified candidates must ensure that they perform all the tasks assigned by higher officials. The roles and responsibilities involved in the IBPS SO Job Profile are as follows.
| Post | IBPS SO Job Profile |
| I.T. Officer | To take care of the core banking system and solve technical glitches in the bank. To create and update the software. |
| Agricultural Field Officer | To gain insights about the financial needs of the customers. To perform loan inspection and recovery in the rural regions. |
| Rajbhasha Adhikari | To check and translate documents important for the bank. To provide training to employees in the local language. |
| Law Officer | To manage all the legal aspects of the bank. To track the errors and accuracy of the banking system. |
| HR/Personnel Officer | To maintain a database of the employees and conduct a recruitment process. To evaluate the performance of the employees. |
| Marketing Officer | To take care of the region-wise and state-wise promotional activities. To perform bank promotion, increase the number of customers and crack new business deals. |
IBPS SO Career Growth & Promotion Policy
Upon clearing the IBPS SO exam, all the qualified candidates are required to complete a training period and assessment after joining the post. Based on their work performance and experience, they will be eligible for promotion to higher posts. The IBPS SO Promotion Hierarchy is shared below.
- Officer/Assistant Manager (Junior Management-Scale 1)
- Manager (Junior Management-Scale 2)
- Senior Manager (Middle Management-Scale 3)
- Chief Manager (Senior Management-Scale 4)
- Assistant General Manager (Senior Management-Scale 5)
- Deputy General Manager (Top Management-Scale 6)
- General Manager (Top Management-Scale 7)
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