IBPS SO Salary Structure, Job Profile, Career Growth

By Reena Pal | Updated on: Nov 04, 2022

IBPS SO Salary 2022

IBPS SO Salary

One of the major reasons behind most of the candidates preferring IBPS SO jobs is the stability and security that one receives in a bank. Along with this stability, you also get an attractive salary which makes it an obvious choice. As an IBPS SO 2022, you are also entitled to receive other allowances like HRA, DA, Special Allowance, Travel Allowance and many more along with your Bank SO salary. You will also receive reimbursement for medical expenses & newspaper. 

IBPS SO Salary Details 2022

Further details on the IBPS Specialist Officer salary are mentioned below.

PostSalary
IBPS SO Scale 1 Basic Pay - Rs. 36,000/- Per month
Gross Income - Rs. 58,240/- Per month

Perks and Additional Benefit For IBPS SO Officer 

Along with the salary, a specialist officer in IBPS will get monthly and yearly allowances. The various allowances that an IBPS SO gets are provided below. 

Other Monthly Allowances (In Rupees)

  • House lease -7000
  • Petrol - 3000
  • Newspaper - 500
  • Mobile - 500
  • Cleaning - 650

Yearly Allowances (In Rupees)

  • Entertainment - 5000
  • Medical - 8000

 IBPS SO Job Profile

The Institute of Banking Personnel Selection also known as IBPS comes out with IBPS Specialist Officer notification every year. IBPS SO notification 2022 will contain vacancies for various posts. Based on the post for which you have applied under IBPS SO recruitment 2022, you will be posted in different departments. IBPS Specialist Officer will handle a variety of tasks. Some of which are shown below:

HR/Personnel Officer (Scale I)

  • Ensuring new hire paperwork is completed and processed
  • Supervision of overall HR activities
  • Informing job applicants of job duties, responsibilities, benefits, schedules, working conditions, promotion opportunities
  • Addressing any employment relations issues, such as work complaints and harassment allegations
  • Processing all personnel action forms and ensuring proper approval
  • Modify HR policies of the bank as needed

Marketing Officer (Scale I)

  • Promote the bank and its business and formulate policies
  • Supporting the marketing manager in overseeing the department’s operations
  • Handle different aspects of marketing
  • Research and analyse market trends, competitor offerings, demographics and other information that affects marketing strategies
  • Approves all marketing campaigns and plans before they are implemented

Rajbhasha Adhikari (Scale I)

  • Translate and proofread banking documents and train employees in the local language

IBPS SO Career Growth

IBPS SO is a JMGS-1 Officer post. Recruited as an IBPS SO 2022 under various streams, you will get ample opportunities for promotion, based on your work performance. Given below is the detailed hierarchy of IBPS SO career growth.

  • General Manager
  • Deputy General Manager
  • Assistant General Manager
  • Chief Manager
  • Senior Manager
  • Manager
  • Officer / Assistant Manager - You are here

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FAQs

As per the IBPS SO 2022 notification, the IBPS Specialist Officer salary is ₹36,000 per month.
Yes, depending on the job profile and department being served by you, an IBPS SO officer can be posted anywhere in India.
As an IBPS Specialist Officer, you are also entitled to receive other allowances like HRA, DA, Special Allowance, Travel Allowance and many more along with your Bank SO salary.
An IBPS SO’s gross monthly salary adds up to ₹58,240 per month.

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