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IBPS SO Salary 2024, In Hand Salary, Job Profile and Perks

IBPS SO Salary 2024

The IBPS examinations for the banks are renowned for their prestigious position and promising careers. Alongside Job security and growth prospects, one of the key appealing factors is the IBPS SO Salary package. Participating Banks offer a lucrative salary package to their Specialist Officers. That’s why every year there is a huge number of candidates take part in the IBPS SO Examination. In this column, we shall delve into the IBPS SO Salary 2024, shedding light on its various components and benefits.

IBPS SO Salary

The IBPS SO Salary is the same all across the participating banking industries. The IBPS SO 2024 notification will be released for officers in various departments across the major public sector banks. The candidates willing to approach this vacancy can know all the details of IBPS SO Salary 2024 in this post. The salary structure for IBPS SO 2024 is Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020. Along with the salary selected candidates will be getting add-on allowances. Some influential allowances include HRA, Special Allowances, Dearness Allowances, Rent Allowances, and more.

IBPS SO Salary: Overview

The IBPS SO Salary is a must for being motivated for IBPS SO 2024. Here in this article, we have covered all the information on IBPS SO Salary 2024.

IBPS SO Salary:  Overview
Organization Institute of Banking Personnel Selection
Exam Name IBPS SO Exam 2024
Post Specialist Officer
Category Salary 
Vacancy To be notified
IBPS SO Salary 2024 Structure  Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
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IBPS SO Salary Structure 2024

The salary structure for IBPS SO Salary 2024 is Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 (based on the previous official notification). The detailed salary structure for IBPS SO 2024 is important to know along with the details details on in-hand salary, and gross salary. Here in this table, candidates can check the detailed salary structure. Here is the detailed IBPS SO Salary structure.

IBPS SO Salary Structure 2024
Details Gross Salary (Rs) In-Hand Salary (Rs)
Amount 38,000 – 39,000 33,000 – 35,000

IBPS SO Salary: Allowances

The IBPS SO Allowances are added to the basic pay of IBPS SO Salary. The candidates are paid allowances to maintain their lifestyle and to account for any other expenditures related to the job. Here are details related to the allowances related to IBPS SO 2024 Salary .

  • House Rent Allowance
  • City Compensatory Allowance
  • Special Allowance
  • Conveyance Allowance
  • Dearness Allowance
  • Leave Travel Allowance
  • Medical Allowance
  • Entertainment Allowance
  • Newspaper Allowance
  • Lease Allowance

IBPS SO Salary: Perks

Along with the allowances that are given to selected candidates. Many perks are added with the job of IBPS SO 2024. The biggest perk is working in a public sector bank in a field of your specialization. As a part of overall life as IBPS SO 2024 there are a few perks with the job like Leave policy, Leave Travel Allowance, Holiday Homes, Conveyance allowance,  Newspaper allowance, etc.

IBPS SO 2024 Job Profile

The details on the job profile are important to be inspired for the examination. The candidates must have some idea about the job profile and responsibilities. The job profile for posts like IT Officer, Marketing Officer, Field Officer, Agriculture Officer, etc is mentioned below. 

Post  Job Profile 
Agriculture Field Officer
  • Loan inspection
  • Managing other RRBs and other organizations and coordinating with them.
  • Uplifting and promoting banking and lead generation.
IT Officer
  • managing the core banking system
  • developing banking software
  • Maintaining the security systems of the bank in terms of cybercrimes
Rajbhasha Adhikari
  • proofreading and translating important documents
  • Conducting for managing language-related workshops
  • Training employees in the local language
Law Officer
  • handling all the legal affairs of the bank
  • In case of a suit filed, representing the bank in a court of law
HR/Personnel Officer
  • managing the recruiting process
  • Performance evaluation of the employees
  • Forming schemes and compensation for all employees
Marketing Officer
  • managing the marketing sector and other promotional activities

IBPS SO Promotion Policy

Upon selection, all qualified candidates appointed to Scale-I and Scale-II positions will engage in comprehensive training, workshops, and assessments designed to enhance their skill set and competence. These initiatives are geared towards fostering career growth and enabling candidates to become eligible for advancements within IBPS SO. Progression within the organization is merit-based, primarily determined by work performance, allowing IBPS SO professionals to elevate their career trajectories and elevate their quality of life. The subsequent hierarchy outlines the sequential advancement structure observed in IBPS SO promotions.

  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 2024, In Hand Salary, Job Profile and Perks_4.1


What is the basic pay for the IBPS SO Salary 2024?

The basic salary for the IBPS SO 2024 is Rs. 23700.

Where can I get the details on IBPS SO Salary 2024?

The details on IBPS SO Salary 2024 are mentioned in this article.

Are there allowances offered as a part of IBPS SO Salary 2024?

Yes, there allowances offered as a part of IBPS SO Salary 2024, candidates can find details on allowances in the article given above.

What is the salary structure for IBPS SO 2024?

The salary structure for IBPS SO 2024 is Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020.