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IBPS has released a notification for IBPS SO 2019. The vacancies announced is around 1100+. Candidates eligible for this exam must start applying before the last date of registration gets over. In order to decide to appear for this examination, a candidate needs to have proper knowledge regarding the salary details and other perks and allowances of joining as an IBPS SO. Institute of Banking Personnel conducts this exam for Specialist Officer for different posts. The Posts for which the notification has been released are:
- IT Officer
- Marketing Officer
- Law Officer
- Agriculture Field Officer
- HR Officer
- Rajbhasha Adikari
In this blog we will discuss the Salary Structure of an IBPS SO Officer along with all the allowances and perks.
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IBPS SO Salary 2019: Eligibility Criteria
| Posts | Eligibility Criteria |
I.T. Officer (Scale-I) |
B.tech Degree in1)Computer Science Engineering 2)Bachelor of computer applications
3)B.tech in Information Technology 4)Electronics & Telecommunications 5)Electronics & Communication 6)Electronics & Instrumentation OR Post Graduate Degree in 1)Electronics & Tele Communication 2)Electronics&Communication 3)Electronics&InstrumentationComputer Science 4) Information Technology 5)Computer Applications. OR Graduate having passed DOEACC ‘B’ level exam |
Agricultural Field Officer (Scale I) |
B.Tech Degree in1)Agriculture
2)Horticulture 3)Animal Husbandry 4)Veterinary Science 5) Dairy Science 6) Fishery Science 7) Pisciculture 8) Agri. Marketing & Cooperation 9)Co-operation & Banking 10)Agro-Forestry 11) Agricultural Biotechnology 12) Food Science 13)Agriculture Business Management 14) Food Technology 15) Dairy Technology 16) Agricultural Engineering 17)Sericulture |
Marketing Officer (Scale I) |
1)Two Years Full-time MMS (Marketing)2)Have completed Full-time MBA (Marketing)
3)Have completed Two Years Full-time PGDBA / PGDBM/ PGPM/ PGDM with specialization in Marketing. |
HR/Personnel Officer (Scale I) |
1)Two Years Full-time Post Graduate degree2 Two Years Full-time Post Graduate 3)Diploma in Personnel Management 4)Diploma in Industrial Relations/ HR / HRD.
5)Diploma in Social Sciences |
Law Officer (Scale I) |
A Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar Council |
Rajbhasha Adhikari (Scale I) |
Post Graduate Degree in Hindi with English as a subject at the degree (graduation) level or Sanskrit with English as a subject. |
IBPS SO Salary 2019: Vacancies Post Wise
1: What does the acronym "ATM" stand for in banking?
The Vacancies for IBPS SO has been listed as follows for the six posts;
- IT Officer – 219 posts
- Marketing Officer- 302 posts
- Law Officer- 75 posts
- Agriculture Field Officer – 853 posts
- HR Officer – 81 posts
- Rajbhasha Adikari – 69 posts
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IBPS SO Salary 2019: Salary Details
The work of an IT Officers handle deals with software maintenance of Core Banking System (CBS), Data Maintenance, Network Security, Management of Mobile and Internet Banking, Digital Transactions and other technical issues, etc.
The Salary structure of IBPS SO IT Officer is as follow
Basic Pay: 23700 – 980 (7) – 30560 – 1145 (2) – 32850 – 1310 (7) – 42020.
Besides this, IT officer also get other benefits like Dearness Allowance, House Rent Allowance, Special Allowance etc. This salary structure is almost similar to IBPS PO.
Allowances
| Allowances | Income |
| Dearness Allowances | It is the basically the cost of living that is provided by the bank . It is 36 % of Basic Pay which comes down to Rs 8605.88 |
| House Rent Allowances (HRA) | This allowance depends on the area being posted hence c an vary from 7-9 % depending upon which city the candidate is posted |
| Special Allowances | It is defined as the performance bonus or Incentives which an individual gets on performing exceptionally good. It is 7.75 % of the Basic Pay |
| City Compensatory Allowances (CCA) | It is given in consideration of the high cost of living in metropolitan areas and depends on the city in which they are posted. It is 3-4% depending on the city you are posted in. |
| Provident Fund (PF) Contribution | It is a part of a candidate’s monthly income which is saved so that the candidate can claim it after retirement. It is Rs 3000-3500 per month |
The In-hand salary of IBPS SO Officer depending upon the city they are posted are as follows;
- The In-hand salary for IBPS SO in Metro Cities- Rs 30758/-
- The In-hand salary for IBPS SO in State Capitals- Rs 30448/-
- The In-hand salary for IBPS SO in Rural Areas- Rs 29927/-
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