IBPS SO Salary 2018, Latest Allowance, Promotion

IBPS SO Salary 2018, Latest Allowance, Promotion, Job Profile

After implementation of 7th CPC, check latest IBPS SO Salary 2018 for Scale One & Scale two from here. IBPS SO wage differs for scale I & scale II. Based on performance, under below Scale, I will get promoted to Scale II. IBPS Specialist Officer Salary 2018 is little over more than the officer. IBPS SO wage 2018 conjointly comprise of various advantages and perks.

What is the meaning of Scale 1 & Scale 2?

The scale I posts are for Junior Management Position, while, Scale II posts are for middle management posts. There are varied Specialist Officers posts together with Agriculture Officer, law officer, HR and Promoting Officer & IT Officer. We are listing IBPS Specialist Officer Wage Structure after seventh Pay Commission. To grab additional details regarding IBPS SO wage Structure 2018, have a look on below.

IBPS Specialist Officer Salary:

Positions which comes Below IBPS Specialist Officer:

Officer (Scale-I)
Law Officer (Scale I)
HR/ Personnel Officer (Scale I)
Agricultural Field Officer (Scale I)
Rajbhasha Adhikari (Scale I)
Marketing Officer (Scale I)

IBPS SO Salary after 7th Pay Commission:

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/-
Total Salary Of IBPS SO
(Excluding HRA)
Rs.29525.5/- Rs.29360.5/- Rs.28985.5/-
CCA (3% to 4% Max. Rs540/-) Rs.540/- Rs.375/-  —-
HRA – 8.5% ; 7.5%; 6.5%* Rs.1232.50/- Rs.1087.50/- Rs.942.50/-
Total IBPS SO 2018 Salary
(including HRA
Rs.30758/- Rs.30448/- Rs.29927.5

IBPS Specialist Officer Scale One and Scale Two Salary:

IBPS Specialist Officer Scale I Salary:
IBPS INR Pay Scale – INR 14500 600/7 18700 700/2 20100 800/7 – 25700/-
IBPS SO Salary In Hand– INR 24000-32000 per month.

IBPS Specialist Officer Scale-II Salary:
IBPS SO Salary Structure– INR 19400 700/1 20100 800/10 – 28100/-
IBPS SO In Hand Salary– INR 34,000-40,000 per month.

Manager Credit (Scale II)/ Finance Executive (Scale II) Name Posts for Scale (I, II):

I.T. Officer Scale-I
I.T. Officer Scale-II
Agricultural Field Officer Scale-I
Law Officer Scale-I
Law Officer Scale-II
HR/Personnel Officer Scale-I
Marketing Officer Scale-I
RajbhashaAdhikari Scale-I
Chartered Accountant Scale-II

IBPS Specialist Officer Advantages and Perks:

Specialist Officers beneath Institute of Banking Personnel selection also are admittible for various advantages and perks like Dearness Allowances, House Rent Allowances, Travel Allowances, Medical Advantages, Bonus and Provident Funds etc. IBPS SO pay Details are provided here:

IBPS SO Basic Pay:

This is the amount of IBPS SO Officer Salary offered to bank employees excluding any additional payments like allowances and bonuses. For bank SO, it’s INR 23700, with effect from June 01, 2015.

IBPS SO Dearness Allowances:

All government employees are a paid price of living adjustment that’s dearness Allowances. Specialist Officers beneath Institute of Banking Personnel selection also are given Dearness Allowances based on their IBPS SO pay after seventh Pay Commission.
For bank specialist officers, it’s INR 8605.88.

IBPS SO House Rent Allowances:

House Rent Allowances are given to the workers to pay their accommodation rent. Essentially it’s enclosed within the IBPS SO Salary 2018 after Revision of workers however those, who are having their own homes, can’t claim for HRA. Bank has allowable 9-11 or 8 may 1945 or 7-membered HRA, based on the place of the position of an worker.

IBPS SO Travelling Allowances:

Travelling Allowances are given to the staff for the office purpose. workers are paid travelling charges from home to office. Additionally, if staff are going from office work, he/ she’s going to be paid travelling Allowances.

IBPS SO Medical Benefits:

Specialist Officers are given Medical Allowances. Workers are paid medical expenses per month as well as Medical and insurance.

IBPS SO CCA (City Compensatory Allowance):

City Compensative Allowance may be a totally taxable component of remuneration offered to huge for operating in working metropolitan cities. CCA for bank amount is mostly 4%, 3% or 0%, based on place of position.

IBPS SO Bonus:

Bonuses are given to staff on some occasion or according to their performance. Any employee can’t claim for Bonus.

IBPS SO Provident Funds:

Provident Funds are like Provident Funds. This can be an equal amount collected by worker and employer per month. This equal quantity of money is collected within the Provident Funds of worker. Officers will get the money once he/ she leave the bank and continue this account in another Organization. Bank workers are given other advantages apart from the mentioned above. Workers are given less interest on loan, house loan, simply loan approval.

Total Salary for IBPS SO:

Basic pay Basic pay is same irrespective of the city of appointment. It is INR 23700 that is from June 1,
DA As per the latest CPI released by the gov. the DA amount is INR 8605.88.
Least Accommodation Least Accommodation is up to Rs 29500, this is provided in lieu of HRA
Special Allowance For scale I it is paid @ rate of 7.75%

IBPS SO Salary 2018 IT Officer:

Name of Posts Pay Scale
Officer Scale I 23700 – 980(7) – 30560 – 1145(2) – 32850 – 1310 (7) – 42020.
Officer Scale II 31705 – 1145(1) – 32850 – 1310(10) – 45950
Office Assistant(MP) 11765 – 655(3) – 13730 – 815(3) – 16175 – 980(4) – 20095 – 1145(7) – 28110 – 2120(1) – 30230 – 1310(1) – 31540.

IBPS SO Salary 2018 Officer:

Office Scale III Rs. 64600/- per month inclusive of DA and HRA at the current rate.
Officer Scale II Rs. 48800/- per month inclusive of DA and HRA at the current rate.
Officer Scale I 36400/- per month inclusive of DA and HRA at the current rate.
Office Assistant(MP) Rs. 18100/- per month inclusive of DA and HRA at the current rate.

IBPS SO Agriculture Officer Salary:

Scale I Salary: Rs.23700-42020/-
In-hand Salary: Rs.33000-35000/-

IBPS SO HR Salary:

Assets Pay Scale
Basic Pay 23700.00
Special Allowance 1836.75
DA 10163.63
CCA 870
Transport Allowance
Total (without HRA) 36570.38
HRA 2133.00
Gross with HRA 38703.38
Newspaper 300
Entertainment 500
Medical Aid 8000
Petrol 3000
Pension Contribution 2500
Telephone 400
Canteen Subsidy 400
Gross Annual CTC 5,57,640.52

IBPS SO Marketing Officer Salary:

Basic Pay Annual Increment Number of Years
Rs. 18,700 700 2
Rs. 20,100 800 7
Rs. 14,500 600 7
Rs. 25,700

Leave a Reply

Your email address will not be published. Required fields are marked *