|Name of the Organisation||Institute of Banking Personnel Selection (IBPS)|
|Job Role||Specialist Officers (SO) Officer Scale I|
|Type of Job||Govt Bank Jobs|
|No of Vacancies||Various|
|Job Location||Pan India|
IBPS recruits Specialist Officers every year for various positions. The notification is expected to be released shortly. Applicants who are fulfilling the eligibility conditions can apply before the closing date. In this session, we are providing information about the salary details. Proper knowledge of the salary structure and job profile will help the applicants to understand the kind of work they will be assigned and the allowances they can expect from the organization. Components of IBPS SO Salary like Basic pay, allowances, growth, etc details are discussed here.
|Dearness Allowance (DA)||36% Approx. Rs 8600/|
|House Rent Allowance (HRA)||According to the posting place of the candidate, it is between 7% to 9%|
|Special Allowances||Performance-based bonus 7.75% of DA+Basic|
|City Compensatory Allowance||According to the posting place of the candidate, it is between 0% to 4%.|
|Lease Allowance||It is optional and can be availed up to Rs29,500/ as per the place of posting.|
|PF Contribution||3000/- to 3500/-|
|In-Hand Salary||The gross salary is Rs 38000/ to Rs 39000. After all the deductions, Rs 33000/ to Rs 35000/- Credited.|
The candidates selected for IBPS SO position will also be eligible to get medical allowances, House Furniture allowance, Entertainment Allowances, etc. These are the additional perks which the contenders are entitled to receive apart from the basic pay.
All the selected candidates will undergo training sessions, assessments to enhance their skills. Based on their performance, candidates will have a chance to get promoted to the next higher levels. The hierarchy of the promotion from junior level management to the top level of management is listed below.
Those who wanted to avail of these benefits and opportunities can apply for Bank Jobs.
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