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IBPS SO Salary 2022 – Pay Scale, Salary Structure

by Rahul G
December 23, 2021
in Articles, Banking, IBPS SO
IBPS SO Salary 2022 – Pay Scale, Salary Structure
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Table of Contents

  • IBPS SO Salary Structure 2022
  • IBPS SO Inhand Salary
  • Post-Wise Salary for IBPS SO
  • IBPS SO Allowances
  • IBPS SO Promotions
  • IBPS SO Salary 2022: Eligibility Criteria
  • IBPS SO Syllabus & Exam Pattern: Important Points

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:

  1. IT Officer
  2. Marketing Officer
  3. Law Officer
  4. Agriculture Field Officer
  5. HR Officer
  6. Rajbhasha Adhikari

In this blog, we will discuss the Salary Structure of an IBPS SO Officer along with all the allowances and perks.

Get the Mock test series for IBPS SO and start preparing for it

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:

  1. The In-hand salary for IBPS SO in Metro Cities- Rs 30758/-
  2. The In-hand salary for IBPS SO in State Capitals- Rs 30448/-
  3. The In-hand salary for IBPS SO in Rural Areas- Rs 29927/-

Are you preparing for IBPS SO, Then you go through this mock test!

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

Download Entri to gain access to the mock tests and exam question papers!

IBPS SO Allowances

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.

Download Entry to access the mock tests and exam question papers!

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.

Why Practice from Entri?

Entri provides an excellent platform with full-length mock tests including previous year question papers. You will be provided with an online platform to prepare for the exam. One will get revision modules, monthly tests based on the classes. You can download the app free of cost and join the class. Entri provides video classes as well on various important topics by the excellent faculties. It also gives you access to clarify your doubts.

Attempt a mock test and evaluate your score right away!

Ace your preparation. That is where Entri comes in. It helps you to prepare effectively for your Exam.

That will be all from our end at Entri, hope your idea of joining any of the above organizations is clearer now. Entri wishes you all the best for your upcoming examinations.  Start your Preparation today itself. Entri will help you with thousands of questions. Attempt mock tests, analyze yourselves to improve your success rate.

Download Entri to gain access to the mock tests and exam question papers!

IBPS SO Exam Information Links
IBPS SO Notification IBPS SO Selection Process
IBPS SO Syllabus IBPS SO Mock Test
IBPS SO Exam date IBPS SO Video Course
IBPS SO Application Form IBPS SO Study Materials
IBPS SO Vacancy IBPS SO Interview Questions
IBPS SO Admit Card IBPS SO Job Profile
IBPS SO Study Plan IBPS SO Preparation Tips and Tricks
IBPS SO Previous Question Papers IBPS SO Result
IBPS SO Best Books IBPS SO Cutoff
IBPS SO Eligibility Criteria IBPS SO Exam Analysis
IBPS SO Answer Key
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Rahul G

Rahul G

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