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IBPS SO Salary 2022 Structure - Complete Details

IBPS SO 2022 Free Mock Test

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IBPS SO 2022 Salary Structure

The Institute of Banking Personnel Selection (IBPS) has released the official notification for IBPS SO for the year 2021 for various Specialist Officer Scale I Posts – IT Officer, Agricultural Field Officer, Rajbhasha Adhikari, Law Officer, HR/Personnel Officer and Marketing Officer. 

IBPS SO Salary

An IBPS Specialist Officer's (Scale I) salary includes a Basic pay of Rs. 23,700/- They have a pay scale in the range of 23700-980(7)-30560-1145(2)-32850-1310(7)-42020. In addition to the basic pay, IBPS SO are eligible for some perks and allowances which are as follows:

  • Dearness Allowance.
  • House Rent Allowance.
  • Transport Allowance.
  • Newspaper reimbursement.
  • Hospitalization reimbursement.
  • Pension.
  • Petrol.
  • Deputation Allowance.
  • PF Allowance.

The allowances and benefits are presented in a tabular form as follows

ComponentsValue
Dearness Allowance36% Approx. Rs 8600/
House Rent AllowanceBetween 7% to 9%. ( Varies based on posting location)
Conveyance AllowanceFixed amount of fuel expense depending upon 2 wheeler or 4 wheeler
Special Allowance7.75% of DA+Basic.
City Compensatory AllowanceAs per the place of posting of the candidate, it is between 0% to 4%
Lease AllowanceIn place of HRA, lease accommodation is optional and can be availed up to Rs29,500/ as per the place of posting.
PF ContributionIt varies between Rs. 3000/ - Rs. 3500/

The IBPS Specialist Officer Salary details for various posts are given below:

GradeSalary
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 can expect a hike of around 40% in their basic pay once the 11th Bipartite agreement is fully implemented across the banking sector.

Pricing Plan

Flexible pricing options for all the aspirants
Recommended
IBPS SO IT Officer Prelims and Mains

₹ 299

30th April, 2022
  • 10 Prelims Mock Tests
  • 5 Mains Mock Tests
Recommended
IBPS SO Marketing Officer Prelims and Mains

₹ 299

30th April, 2022
  • 10 Prelims Mock Tests
  • 5 Mains Mock Tests
Recommended
IBPS SO Agriculture Officer Prelims and Mains

₹ 299

30th April, 2022
  • 10 Prelims Mock Tests
  • 5 Mains Mock Tests
Recommended
IBPS SO (IT Officer Mains)

₹ 199

30th April, 2022
  • 5 Mains Mock tests
Recommended
IBPS SO (Marketing Officer Mains)

₹ 199

30th April, 2022
  • 5 Mains Mock tests
Recommended
IBPS SO (Agriculture Officer Mains)

₹ 199

30th April, 2022
  • 5 Mains Mock tests

FAQs

Can students of any stream apply for the exam?

No. Only the students of the following stream can apply:- B. E. /B.Tech. Degree (4 years) in 1) Computer Science 2) Computer Applications 3) Information Technology 4) Electronics 5) Electronics and Telecommunication 6) Electronics and Communication 7) Electronics and Instrumentation Post Graduate Degree in 1) Electronics 2) Electronics and Telecommunication 3)Electronics and Communication 4)Electronics and Communication 5)Electronics and Instrumentation 6)Computer Science 5) Information Technology 6) Computer Applications Graduates having passed DOEACC ‘B Level’. Click here to know more about DOEACC courses. Please note that BCA or B.Tech/B.E. (in any other streams which are not listed above) degree holders are NOT eligible for the exam.

Is there any negative marking? +

Yes. 1/4th of the marks for each question will be deducted if you get it wrong. Hence, for Reasoning and Quantitative Aptitude 0.25 marks, for English 0.125 and for Professional knowledge 0.375 marks for each wrong question will be deducted.

When will the online registrations for IBPS SO 2022 will start? +

The IBPS SO 2022 recruitment notification is not out yet. The start date for the online registrations will be mentioned in the notification. We will update the same once the notification gets released.

What are the posts available under IBPS SO 2022 recruitment? +

The total number of posts available is 6 which are as follows: 1. I.T. Officer (Scale I) 2. Agricultural Field Officer (Scale I) 3. HR/Personnel Officer (Scale I) 4. Marketing Officer (Scale I) 5. Law Officer (Scale I) 6. Rajbhasha Adhikari (Scale I)

What is the Age Limit for IBPS SO? +

The candidate should be 20 to 30 years of age. The candidate should be born on or after 2nd August 1991 and born on or before 1st August 2001. Upper age relaxations are provided to reserved categories. The age relaxations are given below:

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