IBPS SO Salary


The Institute of Banking Personnel Selection also known as IBPS is highly prestigious job and lakhs of candidates appear for the exam every year for various Specialist Officer Posts. This year too good number of vacancies can be expected for various Specialist Officers posts in various public sector banks across the country. Since IBPS SO have various posts covered under its recruitment so there will be separate vacancies for each posts.The IBPS Specialist Officer (SO) salary also entitled with good incentives. Following are the number of posts comes under IBPS SO:

Specialist Officer Posts
IT Officer
HR/Personnel Officer
Rajbhasha Adhikari
Marketing Officer
Law Officer
Agriculture Officer

IBPS SO Salary

One of the reasons why candidates prefer to work in the Public Sector banks specifically in the post of Specialist officer post because along with the handsome salary it also provides various allowances. The selected candidates will drew a basic salary of Rs. 22,000 to Rs 30,000 approximately. Some other allowances like Special Allowance, Dearness Allowance, House Rent Allowance, etc. The other perks for IBPS Specialist Officer Scale-I including reimbursement of medical expenses, Newspaper, Travelling Allowance etc.

IBPS Specialist Officer Roles and Responsibilities

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:

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 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.

IBPS Specialist Officer Salary structure

IBPS SO Salary, Pay Scale, Perk and Allowances are as follows:-

Basic pay Rs 22700 to Rs.23700 per month
Pay Scale Rs. 22700 – 990(7)-29560-945(2)-31700-1415-3120
Gross Monthly Emoluments Rs.27700 to Rs.30700
Allowances Special Allowance, Dearness Allowance, House Rent Allowance, Travelling Allowance, etc.
Reimbursements For expenses of petrol for vehicle for official purpose, Newspaper etc., as per eligibility.
Dispensary Facilities Medical expenses for OPD treatment/ hospitalization as per eligibility.