Updated On : April 3, 2023
IBPS holds the responsibility to finalize the salary for the recruitment to the posts of Specialist Officers. This information is included along with various other details in the notification.
IBPS SO Salary details for each post including various Arrears and Allowances are mentioned in the official notice. It is a profoundly lofty activity and lakhs of competitors show up for the test each year for different Specialist Officer Posts.
IBPS recruits various candidates to specialist officers for various posts in the organizations associated with it. There are a total of 6 posts for which this recruitment process is conducted across India.
Candidates can check below the postcode and different posts offered in IBPS SO Recruitment:
Post Code | Post Offered |
01 | I.T OFFICER (Scale-I) |
02 | AGRICULTURE OFFICER (Scale-I) |
03 | RAJBHASHA ADHIKARI (Scale-I) |
04 | LAW OFFICER (Scale-I) |
05 | HR/PERSONNEL OFFICER (Scale-I) |
06 | MARKETING OFFICER (Scale-I) |
There are 20 Public Sector Banks in India which are taking part in the IBPS SO Exam 2020. These are recorded underneath:
Allahabad Bank | Andhra Bank |
Bank of Baroda | Bank of India |
Bank of Maharashtra | Central Bank of India |
Canara Bank | Corporation Bank |
Dena Bank | IDBI Bank |
Indian Overseas Bank | Oriental Bank of Commerce |
Punjab National Bank | Punjab & Sind Bank |
Syndicate Bank | UCO Bank |
Union Bank of India | United Bank of India |
Vijaya Bank | Indian Bank |
The basic salary of IBPS SO will be between 23000/- to 42000/- depending on the post and score of the candidate.
The Salary Structure of IBPS SO for all the profiles is almost the same. You can go through the detail information of IBPS SO salary in below table: -
Basic Salary | 23700-980(7)-35560-1145(2)-32850-1310(7)-42020. |
Dearness Allowance | It is basically the cost of living. It is almost 36% of basic salary (approximately Rs.8605) |
House Rent Allowance | HRA is paid for the accommodation expenses and varies as per the city of residence of the employee. As per the place of posting, 9% or 8% or 7% HRA is paid by the bank. |
Special Allowance | It refers to the incentives or the performance-based bonus given to employees. |
City Compensatory Allowance | As per the city of posting, the CCA varies in the range of 4%, 3% or 0%. It is given to compensate for the high cost of living for the employees living in metropolitan cities. |
Lease Allowance | In lieu of HRA, the lease accommodation option is available and can be availed up to Rs. 29500/- as per the posting location. |
In-Hand Salary | The gross salary of IBPS SO is around Rs. 38000 – 39000/-. After deductions, the employees get around Rs. 33000 – 35000 as in-hand salary in IBPS SO. |
The kind of work the authority officials experience fluctuates from post to post in IBPS SO. We will cover the expected set of responsibilities of each profile of the IBPS SO individually now.
1. Agriculture Officer (Scale-I)
An Agriculture Officer of IBPS SO undertakes following tasks:
2. IT Officer (Scale-I)
An I.T Officer is responsible for following tasks in the bank:
3. Law Officer (Scale-I)
A Law Officer is responsible for following tasks in the bank:
4. Rajbhasha Adhikari (Scale-I)
A Rajbhasha Adhikari is responsible for following tasks in the bank:
5. HR/Personnel Officer (Scale-I)
An HR/Personnel Officer is responsible for following tasks in the bank:
6. Marketing Officer (Scale-I)
A Marketing Officer is responsible for following tasks in the bank:
A JMGS-I Officer gets ample opportunities for promotions, based on their performance. Here is the promotion/career growth hierarchy of IBPS SO:
Frequently Asked Questions
When will the Notification be released for IBPS SO 2020?
What is the salary of an IBPS Specialist Officer?
When can I start filling the application form for IBPS SO 2020?
When is the last date to fill the IBPS SO Application Form 2020?
When is the IBPS SO Prelims Exam 2019?
When will the Admit Card be released for IBPS SO Prelims Exam 2019?
April 3, 2023
IBPS holds the responsibility to finalize the salary for the recruitment to the posts of Specialist Officers. This information is included along with various other details in the notification.
IBPS SO Salary details for each post including various Arrears and Allowances are mentioned in the official notice. It is a profoundly lofty activity and lakhs of competitors show up for the test each year for different Specialist Officer Posts.
IBPS recruits various candidates to specialist officers for various posts in the organizations associated with it. There are a total of 6 posts for which this recruitment process is conducted across India.
Candidates can check below the postcode and different posts offered in IBPS SO Recruitment:
Post Code | Post Offered |
01 | I.T OFFICER (Scale-I) |
02 | AGRICULTURE OFFICER (Scale-I) |
03 | RAJBHASHA ADHIKARI (Scale-I) |
04 | LAW OFFICER (Scale-I) |
05 | HR/PERSONNEL OFFICER (Scale-I) |
06 | MARKETING OFFICER (Scale-I) |
There are 20 Public Sector Banks in India which are taking part in the IBPS SO Exam 2020. These are recorded underneath:
Allahabad Bank | Andhra Bank |
Bank of Baroda | Bank of India |
Bank of Maharashtra | Central Bank of India |
Canara Bank | Corporation Bank |
Dena Bank | IDBI Bank |
Indian Overseas Bank | Oriental Bank of Commerce |
Punjab National Bank | Punjab & Sind Bank |
Syndicate Bank | UCO Bank |
Union Bank of India | United Bank of India |
Vijaya Bank | Indian Bank |
The basic salary of IBPS SO will be between 23000/- to 42000/- depending on the post and score of the candidate.
The Salary Structure of IBPS SO for all the profiles is almost the same. You can go through the detail information of IBPS SO salary in below table: -
Basic Salary | 23700-980(7)-35560-1145(2)-32850-1310(7)-42020. |
Dearness Allowance | It is basically the cost of living. It is almost 36% of basic salary (approximately Rs.8605) |
House Rent Allowance | HRA is paid for the accommodation expenses and varies as per the city of residence of the employee. As per the place of posting, 9% or 8% or 7% HRA is paid by the bank. |
Special Allowance | It refers to the incentives or the performance-based bonus given to employees. |
City Compensatory Allowance | As per the city of posting, the CCA varies in the range of 4%, 3% or 0%. It is given to compensate for the high cost of living for the employees living in metropolitan cities. |
Lease Allowance | In lieu of HRA, the lease accommodation option is available and can be availed up to Rs. 29500/- as per the posting location. |
In-Hand Salary | The gross salary of IBPS SO is around Rs. 38000 – 39000/-. After deductions, the employees get around Rs. 33000 – 35000 as in-hand salary in IBPS SO. |
The kind of work the authority officials experience fluctuates from post to post in IBPS SO. We will cover the expected set of responsibilities of each profile of the IBPS SO individually now.
1. Agriculture Officer (Scale-I)
An Agriculture Officer of IBPS SO undertakes following tasks:
2. IT Officer (Scale-I)
An I.T Officer is responsible for following tasks in the bank:
3. Law Officer (Scale-I)
A Law Officer is responsible for following tasks in the bank:
4. Rajbhasha Adhikari (Scale-I)
A Rajbhasha Adhikari is responsible for following tasks in the bank:
5. HR/Personnel Officer (Scale-I)
An HR/Personnel Officer is responsible for following tasks in the bank:
6. Marketing Officer (Scale-I)
A Marketing Officer is responsible for following tasks in the bank:
A JMGS-I Officer gets ample opportunities for promotions, based on their performance. Here is the promotion/career growth hierarchy of IBPS SO:
Frequently Asked Questions
When will the Notification be released for IBPS SO 2020?
What is the salary of an IBPS Specialist Officer?
When can I start filling the application form for IBPS SO 2020?
When is the last date to fill the IBPS SO Application Form 2020?
When is the IBPS SO Prelims Exam 2019?
When will the Admit Card be released for IBPS SO Prelims Exam 2019?