IBPS SO Salary 2024, Salary Structure, In Hand Salary and Job Profile

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Institute of banking personnel selection is hiring specialist officers in 11 banks of India for which the notification has been released by IBPS SO on their official website those candidates who are interested in applying for specialist officer can find the perks salary job profile and the article. IBPS SO is a good opportunity if you want to work in a bank with a good salary. We have mentioned the salary structure and monthly salary in this article so that you get a clear view.

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IBPS SO Salary 2024

IBPS is an autonomous body that acts as a personal selection body for rural and nationalised banks. Examination for IBPS post is conducted every year by IBPS to fill the post for specialist officer in multiple categories as required. As the salary is very lucrative for this post candidates find the best choice to apply.

The major reason for which the candidate supply for banking domain is apart from the security is their allowance and the creator per as their basic pay is not that good it is 23700 and for so post it is rs 38000 to 39000. 

As it is a highly reputed job for specialist officers the demand remains in every post. IBPS specialist officer is a post where candidates can see career growth with salary growth according to the promotional policy.

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IBPS SO 2024 Salary

 

To know more about the recruitment of IBPS specialist officer check the details regarding difference kills and their monthly salary with allowances.

IBPS SO Salary 2024
Grade IBPS SO Salary
Officer Scale I Monthly salary– Rs. 36400/-

Pay Scale– Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020

Officer Scale II Monthly salary- Rs. 48800/-

Pay Scale- Rs. 31705-1145/1-32850-1310/10-45950

Officer Scale III Monthly salary- Rs. 64600/-

Pay Scale- Rs. 42020-1310/5-48570-1460/2-51490

 

The salary for different skills as mentioned above is for some banks and for some banks it is even higher or lower according to their regulations.

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IBPS SO Salary Structure 2024

Below the candidate can check the structure of IBPS specialist officer with their salary dearness allowance house rent allowance special allowance and PF contribution.

IBPS SO Salary Structure
Particulars Details
Gross Salary Rs.38000-Rs.39000
IBPS SO 2022 Pay Scales Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
Dearness Allowance (DA) 36% of Basic Pay
City Compensatory Allowance 0%-4% (Depending on Tier I to Tier III city)
House Rent Allowance (HRA) 7%-9%(Depends on the Location)
Special Allowance It is about 7.75% of DA+Basic (Incentive or performance-based bonus)
PF Contribution Between Rs. 3000 – Rs. 3500

 

IBPS SO Salary 2024 Perks & Benefits

For the post of specialist officer IBPS gives a lucrative salary to those with more benefits including holiday home allowance travel allowance holiday policy newspaper allowance in the payment allowance medical allowance furniture allowance and house allowance. The amount for allowance me varies with the factors and delivery place and the total allowance sets between 7.55 lakh to 12.93 lakh.

Conveyance Allowance – Conveyance allowance is something the officer gets from the authorities for fuel and maintenance allowing for the vehicle he or she is using every month. 

Leave policy –The officers who take leave for which they have poster so the officers of ipso can take casual leave medical leave or any privileged and women officers get 6 month maternity leave from the institute of banking personnel

Leave Travel Concession (LTC) –Leave travel concession is an extra benefit provided to the officer so that they can avail when they require it is a kind of discretion to the employer. 

Holiday Homes – The office has people who get posted in major cities or tourist destinations. They get holiday homes from the bank to use it. 

Officers are provided with newspaper allowance, entertainment allowance and other allowance that are taken clear by the banks in order to fulfil the requirement.

 

IBPS SO Job Profile 

The salary and the job profile differ according to the role they are performing when they are hired.

IT Officer

The officer modifies and develops software and maintains data and gives support systems to the bank. Any query regarding the ATM or internet banking or mobile banking is taken here including the processing of anti-virus update by the IT officer

Marketing Officer

Marketing officers bring new customers deals And promote the business while suggesting cost effective policies that can increase the profit of the bank by handling newspaper advertisement banners, marketing channels and promotional events.

Law Officer

Law officer handles legal affairs and legal liabilities of the bank, prepares documents to provide assistance regarding the issue of the bank and monitors The authenticity and error in the bank documents.

In total the IBPS supervisor officer can we hide for different roles and they are extracted to have knowledge and skill in that area of a specialisation with problem solving and strong communication skills.

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