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IBPS SO salary 2022 : IBPS released the notification for IBPS SO 2021 by 2 November 2021. 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. Check out the IBPS SO IT officer salary and complete details of IBPS SO salary 2022. 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 Adhikari
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 Structure 2022
IBPS SO salary : IBPS SO Basic Pay is Rs 23,700. 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 follows:
Basic Pay: 23700 – 980 (7) – 30560 – 1145 (2) – 32850 – 1310 (7) – 42020.
Besides this, IT officers also get other benefits like Dearness Allowance, House Rent Allowance, Special Allowance etc. This salary structure is almost similar to IBPS PO.
IBPS SO Inhand Salary
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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Post-Wise Salary for IBPS SO
| Post Name Grade |
IBPS SO Salary
|
| 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 |
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IBPS SO Allowances
1: What does the acronym "ATM" stand for in banking?
| Allowances | Income |
| Dearness Allowances | It is 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 can 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 |
IBPS SO 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 the case of IBPS SO are as follows :
| Post | Basic Pay |
| Officer Scale I |
23700-980(7)-30560-1145(2)-32850-1310(7)-42020.
|
| Officer Scale-II |
31705-1145(1)-32850-1310(10)-45950.
|
| Officer Scale III |
42020-1310(5)-48570-1460(2)-51490.
|
The promotion level for SO in IBPS can be calculated as shown below :
| S. No. | Level |
Name of Post
|
| 1 | Junior Management – Scale 1 |
Officer / Assistant Manager
|
| 2 | Junior Management – Scale 2 | Manager |
| 3 | Middle Management – Scale 3 |
Senior Manager
|
| 4 | Senior Management – Scale 4 |
Chief Manager
|
| 5 | Senior Management – Scale 5 |
Assistant General Manager
|
| 6 | Top Management – Scale 6 |
Deputy General Manager
|
| 7 | Top Management – Scale 7 |
General Manager
|
IBPS SO Salary 2022: Eligibility Criteria
| Posts | Eligibility Criteria |
I.T. Officer (Scale-I) |
B.tech Degree in
1)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 &Instrumentation Computer Science 4) Information Technology 5)Computer Applications. OR Graduate having passed DOEACC ‘B’ level exam |
Agricultural Field Officer (Scale I) |
B.Tech Degree in
1)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 of Full-time PGDBA / PGDBM/ PGPM/ PGDM with a specialization in Marketing. |
HR/Personnel Officer (Scale I) |
1)Two Years Full-time Post Graduate degree
2 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. |
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IBPS SO Syllabus & Exam Pattern: Important Points
- The exam will be conducted in three phases: Preliminary, Mains and Interview Process.
- IBPS has introduced separate sectional timing for each section in the prelims exam. The IBPS SO preliminary examination has a total duration of 120 minutes and 40 minutes for each section.
- A candidate must appear for the Prelims first and the selected students after the Preliminary Exam will be eligible to give the Mains Exam.
- The score of the Preliminary Exam will not be taken into consideration for the final allotment. The final selection will be based on the Mains Exam and Interview Process.
- The Mains Examination will contain questions only from the Professional Knowledge Subjects.
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