Check IBPS Specialist Officer Salary| Latest 7th Pay Commission SO Pay

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All necessary and updated information regarding IBPS Specialist Officer Salary is well framed and provided over here. Yes, from here you will get the IBPS Specialist Officer Salary Chart or pay scale Revised By 7th Pay Commission SO Pay.  The SO salary is same for all Specialist Officers in comparison of banks they are work in.

Institute of banking personnel selection conducts  CWE for different Private and Public Sector banks in order to select the most suitable and  skilled aspirants to fill different position such as Clerk, PO, and Specialist post…. Most of the generation attempt mant times to build their career in banking sector….. If you’re having a query in your mind regarding IBPS Specialist Officer Salary, pay scale and other allowances are different for different posts. Here is all the information. So stay connected with us…

IBPS Specialist Officer Salary

The pay structure for Institute of Banking Personnel Selection SO is computed considering all the perks offered to them.

  • However, an SO under Scale I is provided — Rs 14,500 – 600/7 – 18,700 – 700/2 – 20,100 -800/7 – 25,700/-approximately. So, the cash-in-hand will be around Rs. 24,000-32,000 nearly.

  • Those under Institute of Banking Personnel Selection SO Scale II, the Basic pay given is Rs 19,400 700/1- 20,100 – 800/10 – 28,100/- approximately. 

  • During appointment, salary will be Rs. 34,000-40,000 approximately.

  • After completion of first year, an increment of Rs. 700 will be due on basic pay and after that increment on basic pay is Rs. 800/- for next 10 years. However, it is possible to get revised pay depending on economy of country.

Post Name of Scale (I, II)

Basically, the IBPS Specialist Officer Pay package is different depending on the place of their posting or position for which they are recruited. For example, Scale –I are IT Officers, HR Officers, Agricultural Field Officer, Law Officers, Marketing Officers, and so on.

Name of the posts

I.T. Officer (Scale-I), Agricultural Field Officer (Scale I), Rajbhasha Adhikari (Scale I), Law Officer (Scale I), HR/Personnel Officer (Scale I), Marketing Officer (Scale I), I.T. Officer (Scale-II), Law Officer (Scale II), Chartered Accountant (Scale II) and Manager Credit (Scale II)/ Finance Executive (Scale II)

IBPS Specialist Officer Scale 1/2 Pay Structure Details

Pay for the post of Officer JMG Scale I is Rs 14500 600/7 18, 700 700/2 20100 800/7 – 25700/. And salary for Officer MMG Scale II is Rs 19400 700/1 20100 800/10 – 28100/

SO Pay Revised By 7th Pay Commission

Specialist Officers enjoy an excess of perks in Indian banks, usually equivalent to Probationary Officers (PO) in same rank and the starting salary of an IBPS Specialist Officer is around 30500 INR in rural cities. You can compute the in-hand pay by adding Basic Pay with latest DA component given Indian Banking Association’s website, HRA and the City Compensatory Allowance, if any.

The range of assistance provided to a Specialist Officer varies with financial institution; also many of them provide newspaper/laundry allowances, medical coverage, TA and rented accommodation.

Revised Bank SO Salary After 7th Pay Commission

After 7th Pay Commission, Salaries of all the government employees are likely to Increase by 40%.  It is also assumed that one –third of the middle class will be employed in government departments. Order of information is like; Assets      / Metro Cities / (State Capital etc.)   / (District Level and Rural Areas)….

  • Basic Pay - Rs.14500/Rs.14500/Rs.14500

  • Dearness Allowance- Rs.14485.5/      Rs.14485.5/     Rs.14485.5

  • CCA (3% to 4% Max. Rs540/-) - Rs.540/         Rs.375/ —-

  • Total Salary (Excluding HRA) - Rs.29525.5/Rs.29360.5/        Rs.28985.5

  • HRA – 8.5% ; 7.5%; 6.5%* - Rs.1232.50/        Rs.1087.50/     Rs.942.50

  • Total Salary (including HRA - Rs.30758/Rs.30448/Rs.29927.5

About Institute of Banking Personnel Selection

Institute of Banking Personnel Selection is commonly known as IBPS and it is an independent agency in India, which started its process in 1975 as Personnel Selection Services. In 1984, IBPS became an independent body at the request of Reserve Bank of India and Public Sector Banks.

IBPS has its independent educational and research oriented Institute, with a motive of growing human-resource development through personnel assessment.

Every year, Institute of Banking Personnel Selection conducts Common Written Examination (CWE) for the appointment of Officers and Clerks in Indian banks. IBPS Common Written Examination is now compulsory for anyone who seeks an employment in 21 public sector and Regional Rural banks.

Candidates have to go through interview process after clearance the online test performs by organization. On the basis of interview aspirants placed in Regional Rural Bank.

IBPS Specialist Officers (SO) Exam

Those candidates who are searching officers posts in banking sector and they are preparing for IBPS they can apply for IBPS Specialist Officers (SO) Exam. This exam is conducted by the selection committee of organization for the engagement of Officers (Scale I), Agricultural Field Officers (Scale I), Rajbhasha Adhikari (Scale I), Law Officers (Scale I) and many other positions in different departments. This exam will be of 200 marks and having 200 questions.

How to Get Job in IBPS?

Applicants who want to participate in IBPS Exam firstly they must know about Participating Bank for IBPS Examination. All the applicants who qualify the Common Written Examination (CWE) with valid scores, they need to select a Participating bank, based on their score from a List of Banks in IBPS Exam.

All the qualified candidates need to appear in Group discussions and interviews for selected bank. Each bank will give a notification about the score required by them for appearing in Group Discussion and interview process so you should prepare accordingly.

After completion of interview process, depending on the seats to be filled in during financial year candidates shortlisted will be provisionally assigned to at least one of Participating Bank based on merit-cum-preference keeping in view the spirit of Govt.

Candidates we hope that detail about IBPS Specialist Officer Salary, that is well managed and provided on this page, made quite clear an actual revised By 7th Pay Commission SO Pay.

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