IBPS SO Salary in Hand Per Month, Scale 1, Package, Promotion and Perks

An IBPS Specialist Officer (SO) at Scale 1 gets a starting basic salary of ₹48,480 every month. After adding extra amounts like DA, HRA, and Learning Allowance, the total monthly salary becomes around ₹90,732, which is about ₹10.88 lakh per year. But after cutting things like NPS and PF, the actual money they get in hand is about ₹82,630 per month. Along with this, IBPS SOs also get tons of benefits.

Akshay Kumar

14 July 2025, 11:16 PM

*may vary as per norm
Event	Details
Pay Scale	48,480 - 85,920
Basic Salary	48480
Maximum Salary	85920
DA Allowance	10278 (55% of Basic Salary)
HRA Allowance	4848
Learning Allowance Allowance	850
NPS Deduction	8226 (10% of Basic Salary + DA)
PF Deduction	5876 (12% of Basic Salary + DA)
Monthly Gross	48480
Yearly Gross	581760
Monthly In Hand	90732
YearlyIn Hand	1088784

Benifits and Perks

Benefit	Status
Medical Benefits
Learning & Training Opportunities
House Rent Allowance (HRA)
Dearness Allowance (DA)
Festival Bonus
Periodic Promotion
Pension & Retirement Benefits

Promotions

Rank	Pay Scale
Officer Scale I (PO) Joining yr	36,000 - 63,840
Manager Scale II After 3-4 yr	48,170 - 69,810
Senior Manager Scale III After 5 yr	63,840 - 78,230
Chief Manager Scale IV After 2-3 yr	76,010 - 89,890
Assistant General Manager (AGM) After 3 yr	89,890 - 1,00,350
Deputy General Manager (DGM) After 3 yr	1,04,240 - 1,16,120
General Manager (GM) After 3 yr	1,16,120 - 1,29,000