IBPS SO Salary: The candidates who are selected in the Institute of Banking Personnel Selection, Specialist Officer post are subjected to receive a handsome IBPS SO Salary. According to the official notification, the IBPS SO is provided with basic pay of Rs. 23,700 and are also allowed with major allowances like DA, HRA, Special Allowances, and Medical allowances. Along with the basic salary, the candidates of IBPS SO also get a lot of perks and benefits in terms of career growth. Read this article to know all about IBPS SO Salary and other details. If you are preparing for Bank exams then download our free e-book: A Complete Book of Data Interpretation and Analysis
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Table Of Content
IBPS SO Salary
IBPS SO Job Profile
IBPS SO Career Growth
IBPS SO Salary
The gross salary of an IBPS SO lies in the range of approximately Rs. 46,000 to Rs. 48,000. After all the deductions are done the in-hand salary of IBPS SO is around Rs. 42,000 to Rs. 44,000.
- Dearness Allowances
- House Rental Allowances
- City Compensatory Allowance
- Special Allowance
IBPS SO salary |
Pay in Rupees |
Pay-Scale |
Rs 23,700 |
Dearness Allowance |
36% of the Basic Pay |
House Rent Allowance |
7.99% of the Basic Pay |
CC Allowance |
0%-4% depending on tier 1- tier 3 city |
PF Contribution |
Rs. 3,000 - Rs. 3,500 |
Special Allowance |
7.75% of Basic pay + DA |
Gross Salary |
Rs 46,000- Rs 48,000 |
Net Salary |
Rs 42,000-Rs 44,000 |
Also Read:
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IBPS SO Job Profile
The candidates can check out the IBPS SO Job Profile in the space below:
- The work of an IBPS SO is to Promote his Bank and bring new business deals and customers.
- They suggest cost-effective policies to increase the Bank's profit.
- They have to handle various Marketing Channels like Newspapers, Advertisements, Banners and Promotional Events, etc.
IBPS SO Career Growth
The IBPS SO gets promoted either on the basis of their performance. The candidates upon joining the corporation are subjected to receive promotion levels as follows
- Assistant Manager
- Manager
- Senior Manager
- Chief Manager
- Asst. General Manager
- Deputy General Manager
- General
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