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.

  • As per the IBPS SO Official Notification, there are 1590+ opportunities for different Specialist Officers posts in various open part banks across India.
  • The IBPS SO pay is average and has great motivating forces.
  • IBPS SO has 6 different posts included in their IBPS SO exam for different specialist officers.
  • 20 public sector banks in India participate in this recruitment to fill the released IBPS SO Vacancies.
  • The salary in hand of IBPS SO for all the specialist posts are almost the same which lies between 38000/- to 39000/-. After deduction, the candidate shall receive an in-hand salary between 33000/- to 35000/-
  • Job Profile of a specialist officer for all the posts is different from each other. If a candidate has applied for Agriculture Officer Post, they have to look after the center budgetary and banking needs of individuals in rustic territories.
  • If a candidate has applied for I.T Officer Post, they have to look after the Information upkeep and backing, Creating and changing the product, Inquiries identified with ATM, Mobile banking and web banking
  • Candidates have to mention their desired post while filling the IBPS SO Application Form. Therein, one can add posts in the order of preference.

IBPS SO Online Coaching

IBPS SO Online Coaching

IBPS SO Salary Structure 2020

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)

IBPS SO Participating Organizations 2020

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

IBPS SO Salary In Hand

The basic salary of IBPS SO will be between 23000/- to 42000/- depending on the post and score of the candidate.

  • IBPS has set the Dearness Allowance to be 36% of the basic salary for every post.
  • HRA is paid according to the place of posting of the candidate i.e. 9% or 8% or 7%.
  • Special Allowance is based on the incentives given to the employees on the basics of their performances.
  • Gross Salary before all the deductions is between 38000/- to 39000/- , after deductions salary in hand will be between 33000/- to 35000/-.
  • Check out the below table to know IBPS SO IT Salary and job profile.

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. 

IBPS SO Online Coaching

IBPS SO Online Coaching

IBPS SO Job Profile

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:

  • Comprehend the center budgetary and banking needs of individuals in rustic territories.
  • Give point by point data in basic language about different financial plans to the individuals in that area.
  • Make them mindful of the most recent government plans and advantages

2. IT Officer (Scale-I)

An I.T Officer is responsible for following tasks in the bank:

  • Information upkeep and backing
  • Creating and changing the product
  • Inquiries identified with ATM, Mobile banking and web banking
  • Support of a PC framework in the bank
  • Deal with arrange security, preparing, and against infection update
  • Bolster the bank's center financial framework
  • The executives of the whole IT group

3. Law Officer (Scale-I)

A Law Officer is responsible for following tasks in the bank:

  • Handle all the lawful undertakings of the bank
  • Get ready authoritative reports for different forms and give help with the lawful issues of the bank
  • Checking the blunders and keeping the credibility of the bank records

4. Rajbhasha Adhikari (Scale-I)

A Rajbhasha Adhikari is responsible for following tasks in the bank:

  • Regardless of whether inward or outbound, the Rajbhasha Adhikari should edit and interpret all the significant archives that are utilized or circled in the bank
  • Preparing bank faculty in the language that is utilized to impart in that locale.
  • Ensure that all the significant archives both in Hindi and English language.

5. HR/Personnel Officer (Scale-I)

An HR/Personnel Officer is responsible for following tasks in the bank:

  • To keep beware of human asset exercises.
  • Study diverse HR approaches of the bank and propose changes, if necessary
  • Include in the enrollment procedure.
  • Handle instances of unfortunate behavior and bad behavior and counsel the bosses.

6. Marketing Officer (Scale-I)

A Marketing Officer is responsible for following tasks in the bank:

  • Advance his bank; bring new business arrangements and clients.
  • Propose co-powerful approaches to build the bank's benefit
  • Handle different showcasing channels like Newspapers, Advertisements, Banners, and limited time occasions, and so on.

IBPS SO Career Growth Opportunities

A JMGS-I Officer gets ample opportunities for promotions, based on their performance. Here is the promotion/career growth hierarchy of IBPS SO:

  • Junior Management- Scale 1 (Officer/Assistant Manager)
  • Junior Management- Scale 2 (Manager)
  • Middle Management- Scale 3 (Senior Manager)
  • Senior Management- Scale 4 (Chief Manager)
  • Senior Management- Scale 5 (Assistant General Manager)
  • Top Management- Scale 6 (Deputy General Manager)
  • Top Management- Scale 7 (General Manager)

IBPS SO Mock Test Series

IBPS SO Mock Test Series

FAQ's

When will the Notification be released for IBPS SO 2020?

IBPS will be releasing IBPS SO Notification on November 7, 2019.

What is the salary of an IBPS Specialist Officer?

The basic pay of IBPS SO is Rs.23700 in the pay scale of 23700-980(7)-30560-1145(2)-32850-1310(7)-42020

When can I start filling the application form for IBPS SO 2020?

You can start filling the application form November 6, 2019.

When is the last date to fill the IBPS SO Application Form 2020?

The last date to fill the IBPS SO Application Form is November 26, 2019.

When is the IBPS SO Prelims Exam 2019?

The IBPS SO Prelims Exam 2019 is conducted on December 28 & 29, 2019.

When will the Admit Card be released for IBPS SO Prelims Exam 2019?

IBPS will release the admit card for IBPS SO Prelims before 10 days of the exam.

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