Monday, 8 August 2016

IBPS Specialist Officer Salary | Revised By 7th Pay Commission SO Pay


IBPS Specialist Officer Salary

Enormous Increment in IBPS Specialist Officer Salary!!! Institute of Banking Personal Selection is an independent hiring organization and it appoints banking personnel, such as Specialist Officers of Scale – I and Scale – II etc. Contenders if you want to apply for Specialist Officer Post, first they should know the IBPS SO Pay Scale. Here on this page you may get the complete details regarding 7th Pay Commission SO Pay Scale and it is revised from time to time.
IBPS Specialist Officer Salary
The selected aspirants, say the Specialist Officers are permitted to work in any one of participating banks. The SO salary is same for all Specialist Officers, irrespective of banks they work in. The pay scale for the SO is measured considering all the perks offered to them. Check the below section for more details regarding IBPS Specialist Officer Salary after revision. 

Complete Details on: IBPS SO Recruitment

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. 
  • 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.
First Fulfill the Eligibility Criteria: IBPS Specialist Officer Eligibility Criteria

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.

S. No.
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)
Manager Credit (Scale II)/ Finance Executive (Scale II)

Are You Finding Answer For This? : Is There Negative Marking In IBPS 

IBPS Specialist Officer Scale 1/2 Pay Structure Details

Pay for the post of Specialist Officer Scale 1 & 2 is mentioned here:

Officer MMG Scale II
Rs 19400 700/1 20100 800/10 – 28100/
Officer JMG Scale I
Rs 14500 600/7  18700 700/2 20100 800/7 – 25700/

IBPS Specialist Officer Updates

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.
  • 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. Many of them provide newspaper/laundry allowances, medical coverage, TA and rented accommodation.
Candidates keep stay in touch with us for getting more details about IBPS Specialist Officer Salary. Candidates can subscribe our free email section for getting more details in your mail box. You can also join us through Facebook and Google Plus we will send you all information on your Facebook wall. If you have query any then drop your comment in the comment box which is provided below.

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