IBPS SO Salary 2024, In-Hand, Perks & Job Profile

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IBPS SO Salary

IBPS SO Salary 2024: The IBPS exams are conducted to recruit qualified candidates on Specialist Officers post in renowned banks in India. Salary is an essential factor motivating candidates to apply for IBPS SO posts. Participating banks in IBPS recruitment drive for SO officers give lucractive salary package to candidates. Apart from salary, candidates get perks and benefits include house rent allowance, medical, transport allowance, city compensatory allowance, dearness allowance, and education allowance. Bookmark this article to know complete information on IBPS SO Salary 2024.

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IBPS SO Salary 2024

The Specialist Officer salary is the same provided the participating nationalized banks in Institute of Banking Personnel recruitment drive of 2024. The notification will be released to hire officers in various departments of banks in India. IBPS SO (Specialist Officer) salary structure: Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020. Every year a huge number of aspirants appear in IBPS SO recruitment drive with a dream to get Specialist Officer job in nationalized bank.

IBPS SO Salary 2024 Overview

IBPS SO Salary Package encouarges government job aspirants to apply for job. In this section, we have tabulated a complete information on salary structure of IBPS SO Exam 2024.

IBPS SO Salary 2024 Overview
Name of Organization	Institute of Banking Personnel Selection (IBPS)
Name of Exam	IBPS SO Exam
Post	Specialist Officer
Total Posts	To Be Notified Later
IBPS SO Salary	Officer Scale I: Rs. 36,400 Officer Scale II: Rs. 48,800 Officer Scale III: Rs. 64,600
Salary Structure	Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
Official Website	www.ibps.in

IBPS SO Notification 2024 – Click To Check

IBPS SO In-Hand Salary

The banks participating in Specialist Officers recruitment offers a good amount of salary to candidates joining banks. Therefore, the monthly salary of Officer Scale I is Rs. 36,400, Officer Scalle II is Rs. 48,800, and Officer Scale III is Rs. 64,600. It is worth to know that salary of Specialist Officers may vary from bank to bank participating in recruitment drive conducting by IBPS every year. List of Perks & Benefits offered to qualifed candidates joining on Specialist Officer post in bank.

House Rent Allowance
City Compensatory Allowance
Special Allowance
Conveyance Allowance
Medical Allowance
Entertainment Allowance
Newspaper Allowance
Lease Allowance
Dearness Allowance
Leave Travel Allowance

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IBPS SO Roles and Responsibility 2024

The job profile of a Specialist Officer inspires to candidates to start banking career. Aspirants should have idea of roles of responsbility of Agriculture Field Officer, Rajbhasha Adhikari, IT Officer, Marketing Officer, Law Officer, and HR Officer.

IBPS SO Roles & Responsibility
Post Name	Roles & Responsibility
Agriculture Field Officer	Involve in Loan Inspection Coordinating & Managing Work with RRBs Focus on Lead Generation
Rajbhasha Adhikari	Responsible for translation and proofreading of important documents Conduct language workshops Manage training programs for employees
IT Officer	Developing bank software for customer convenience Ensure security of banking system
Marketing Officer	Manage marketing sector Conduct promotional activities
HR/Personnel Officer	Recruitment of suitable candidates Evaluation of employees performance Forming compensation schemes for employees
Law Officer	Managing law related work of banks Representing banks in law suits

IBPS SO Gross Salary

The Gross Salary of a Specialist Officer is Rs. 38000-Rs. 39000. Salary structure includes addition of perks and benefits with deduction of tax and PF contribution of employees working on SO posts in bank. We have summarized gross salary details in table.

IBPS SO Gross Salary
Pay Scale Structure	Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
Gross Salary	Rs. 38000-Rs. 39000
DA (Dearness Allowance)	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 Benefits & Promotions

All Qualified candidates upon joining banks on Specialized Officers post get into training and workshops to know work profiles. The assessments designed to improve skills of candidates. Progress of a Specialist Officer withint the bank based on performance basis to elevate in the career. Candidates can check the promotion policy of banks participating in IBPS SO recruitment process.