IBPS SO Salary

IBPS SO Job Profile

The Institute of Banking Personnel Selection also known as IBPS come out with IBPS Specialist Officer notification every year. The IBPS SO notification 2021  is a good chance to work in the Government sector. IBPS SO notification contain vacancies for various posts. Based on the post for which you have applied under IBPS SO notification 2021, you will be posted in different departments. The IBPS is a self-governing recruitment body that was started with an aim to encourage the recruitments & placements of young graduates through Personnel Selection in Public Sector Banks in India. This post is very essential and plays a vital role in the banking industry. IBPS Specialist Officer will handle a variety of tasks. Some of which are shown below:

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I.T. Officer (Scale I)

  • Provide data maintenance and support
  • Hardware, network security, etc.
  • Troubleshooting hardware/software faults
  • Replacing parts as required providing support, including procedural documentation
  • Resolve queries related ATM, Internet and mobile banking

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, etc.
  • Addressing any employment relations issues, such as work complaints and harassment allegations.
  • Processing all personnel action forms and ensuring proper approval.
  • Recruitment processes 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 analyses 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 the local language.

Law Officer (Scale I)

  • Give legal advice to his clients after studying their cases.
  • Meeting with the clients in order to understand the details of their case.
  • Updated with the information related to the laws and legal processes.
  • Prepare legal documents necessary for various banking processes.
  • Required to explain the legal issues that may arise due to certain reasons.
  • Provide legal assistance to the bank.

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IBPS SO Salary 2021

One of the reasons why candidates prefer to work in the Public Sector Banks in the post of Specialist Officer post because along with the handsome salary it also provides various allowances. You will draw a basic salary of Rs 23700 approximately per month. Some other allowances like Special Allowance, Dearness Allowance, House Rent Allowance, etc will be given. The other perks for IBPS SO Scale-I Officer include reimbursement of medical expenses, Newspaper, Traveling Allowance, etc. The new joiner will get a gross salary of Rs. 38800. The IBPS SO salary in Hand 2021 will be 35000 rupees. Detailed IBPS SO salary is given below-

GradeIBPS 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

IBPS SO Salary- Allowances

IBPS SO Salary- Allowances
House Rent Allowance 7%-9%(Location dependent)
Dearness Allowance Rs 8605.88
Special Allowance 7.75%(Scale I)
City Compensatory Allowance 0-4%(depends on location)
Miscellaneous Rs. 4100

IBPS SO Career Growth

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

  • Officer / Assistant Manager
  • Manager
  • Senior Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager

Know details about Online course for IBPS SO AFO Phase I and Phase II Officer 2021

Know details about Online course for IBPS SO AFO Officer Mains 2021

Know details about Online course for IBPS SO AFO Officer Interview 2021

Know details about Online course for IBPS SO IT OFFICER 2021

Know details about Online course for IBPS SO (IT/AFO/MARKETING/HR-PERSONAL AFO) OFFICER Prelims 2021



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