Institute of Banking Personal Selection (IBPS) is an independent recruiting organization. It hires banking personnel, such as Specialist Officers of Scale – I and Scale – II, Probationary Officers (PO), and Clerks.

IBPS Specialist Officer Salary

Salary for post of Specialist Officer Scale 1 & 2:

Officer JMG Scale I
Rs. 14500 600/7 18700 700/2 20100 800/7 – 25700/-

Officer MMG Scale II
Rs. 19400 700/1 20100 800/10 – 28100/-

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

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

IBPS Specialist Officer Benefits and Perks:

Specialist Officer under IBPS is also admissible for various benefits and perks:

Dearness Allowances:
Specialist Officer under IBPS is also given Dearness Allowances based on their basic pay.

House Rent Allowances:
House Rent Allowance is given to the employees to pay the accommodation rent. Basically it is included in the salary structure of employees but those, who are having their own houses, can’t claim for HRA.

Travelling Allowances:
Travelling Allowance is given to the employees for the office purpose.
Employees are paid travelling charges from home to office.
Also if employees are going from office work, will be paid Travelling Allowances.

Medical Benefits:
Specialist Officers are also given Medical Allowances.
Employees are paid medical expenses per month as well as Medical and Health Insurance.

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

Provident Funds:
Provident Funds are like Provident Funds.
This is an equal amount collected by employee and employer per month.
This equal amount of money is collected in the Provident Funds of employee.
Officers can get the money when leave the bank and continue this account in another Organization.