IBPS SO Salary 2024: Know All The Details Here!



5/5 - (42 votes)

ibps so salary

IBPS SO Salary 2024 – Aspirants who wants to join IBPS as SO have to go through a selection process.

A candidate who clear all the levels of selection process will be eligible for the selection in IBPS as SO.

In order to keep you aspirants motivated for IBPS SO examination, We are writing this article focusing on IBPS SO Salary, Allowances, Job Profile, Roles and Responsibilities, Pay Scale, Career Prospects, Growth, Opportunities and more.

  • Name of organization: Institute of Banking Personnel Selection (IBPS)
  • Type: Government of India
  • Website: http://www.ibps.in/

1. Salary

IBPS SO Salary in Hand & Pay Scale

  • Name of Post: Specialist Officer (SO)
S.No.IBPS Specialist Officer Posts
1.I.T. Officer (Scale I)
2.Agricultural Field Officer (Scale I)
3.Rajbhasha Adhikari (Scale I)
4.Law Officer (Scale I)
5.HR/Personnel Officer (Scale I)
6.Marketing Officer (Scale I)


  • Salary: ₹ 33,000 – 35,000/- (approx)
  • CTC: ₹ 8.00 Lakhs (approx)

Institute of Banking Personnel Selection (IBPS) recruit SO with an entry basic pay of 23,700.

1.1 IBPS Specialist Officer (SO) Salary

ComponentSalary Structure (₹)
Post LevelScale I
Basic Pay23,700
Pay Scale23700-980(7)-30560-1145(2)-32850-1310(7)-42020
Dearness Allowances (DA)36 % of Basic
House Rent Allowances (HRA)7 / 8 / 9 % of Basic
Special Allowances7.75 %  of Basic
City Compensatory Allowances (CCA)0 / 3 / 4 %  of Basic
Total Pay 38,000 – 39,000/-
Provident Fund (PF) Contribution3,000 – 3,500
Salary in Hand33,000 – 35,000/-

2. Career Growth & Promotions

IBPS SO growth opportunities are decent and will be quite beneficial if your performance is consistent and you follow your responsibilities rigorously. The promotions in case of IBPS SO are as follows :

Post Basic Pay
Officer Scale I23700-980(7)-30560-1145(2)-32850-1310(7)-42020.
Officer Scale II31705-1145(1)-32850-1310(10)-45950.
Officer Scale III42020-1310(5)-48570-1460(2)-51490.

Annual average salary of IBPS SO vary in between Rs. 7,00,000 – 8,00,000 /-. Here in the below table we are providing the career growth & promotions in IBPS bank. Promotion level for SO in IBPS can be calculated as shown below :

S.No.LevelName of Post
1.Junior Management – Scale 1Officer / Assistant Manager
2.Junior Management – Scale 2Manager
3.Middle Management – Scale 3Senior Manager
4.Senior Management – Scale 4Chief Manager
5.Senior Management – Scale 5Assistant General Manager
6.Top Management – Scale 6Deputy General Manager
7.Top Management – Scale 7General Manager

3. Job / Work Profile

The roles and responsibilities of the different posts under IBPS Specialist Officer (SO) are as follows :

IBPS SO PostsRoles and Responsibilities
I.T. Officer (Scale I)1. Provide data maintenance, security and support.
2. Maintenance of computer systems – software. Hardware, network security, etc.
3. Resolve queries related ATM, Kiosks, Internet and mobile banking.
4. Look after Security of Bank Network to avoid cybercrime.
Agricultural Field Officer (Scale I)1. Understand the banking and financial needs of people.
2. Provide latest information about various government schemes and benefit plans.
3. Loan inspections and recovery in rural areas.
4. Coordinating with other RRBs, NABARD, and other organizations.
Rajbhasha Adhikari (Scale I)1. Translate and proofread banking documents.
2. Train employees the local language.
3. Conduction of language-related workshops.
Law Officer (Scale I)1. Provide legal assistance to the bank.
2. Prepare legal documents/ matters necessary for various banking processes.
3. Ensure compliance with RBI Norms.
4. Ensure that bank’s engagement in deals/ contracts is legal.
HR/Personnel Officer (Scale I)1. Conduction of recruitment process.
2. Conduction of training for the employees.
3. Modify HR policies of the bank as needed.
4. Supervision of overall HR activities.
5. Designing welfare schemes for employees as well as compensation and promotion policies.
Marketing Officer (Scale I)1. State or Region-wise marketing and promotional activities.
2. Responsible for Advertising and coordinating with the agencies for the same.
3. Come up with marketing strategies to scale up the sales/ profit.
4. Research for new products that would be viable growth options for the bank.

4. IBPS SO Facilities & Allowances

IBPS SO will not only get handsome salary but also get good amount of facilities & allowances.

Which will also provided to newly recruited Specialist Officer (SO) of the Bank as given below :

  1.  House & Furniture Allowance
  2. Medical Allowance
  3. Conveyance allowance
  4. Newspaper allowance
  5. Leave Travel Concession
  6. Entertainment Allowance

IBPS SO Guide Books

5. IBPS SO Total Information & Guidance

1.IBPS SO 2021 Notification »
2.IBPS SO 2021 Application »
3.IBPS SO 2021 Paper Pattern »
4.IBPS SO 2021 Syllabus »
5.IBPS SO 2021 Books »
1.IBPS 2021 Books – SO (IT Officer) »
2.IBPS 2021 Books – SO (HR/Personnel Officer) »
3.IBPS 2021 Books – SO (Law Officer) »
4.IBPS 2021 Books – SO (Agriculture Field Officer) »
5.IBPS 2021 Books – SO (Marketing Officer) »
6.IBPS 2021 Books – SO (Rajbhasha Adhikari) »
6.IBPS SO Previous Years Papers »
7.IBPS SO Cut-off Marks »
8.IBPS SO 2021 Exam Centers / Cities List »

Click below given links to get further information.

IB ACIO Total InfoIBPS Clerk Total InfoBSNL JAO Total Info
OICL AO Total InfoUIIC Assistant Total InfoJAM Total Info
UGC NET Total InfoKVS Total InfoJAM 2023 Books
NIACL Assistant Total InfoCDS Total InfoNDA Total Info

6. IBPS SO Salary 2023: Know All The Details Here! FAQs

Recent Posts

Related Tags

Ibps so salary slip 2024, Ibps so salary per month 2024, ibps so salary after 5 years 2024, ibps so syllabus 2024, ibps so eligibility 2024, ibps po salary 2024, ibps so salary quora 2024, ibps so salary after 10 year 2024

Related Posts


Please enter your comment!
Please enter your name here