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IBPS AFO Salary 2024, Perks and Allowances, Job Profile

IBPS AFO Salary 2024

Institute of Banking Personnel Selection will recruit candidates for the post of Agriculture Field Officer (AFO). The salary offered for IBPS Agriculture Field Officer 2024 is indeed a captivating aspect for candidates. IBPS SO Agriculture Field Officer Salary is based on Scale 1. Alongside the salary, recruited candidates will also be entitled to various allowances and benefits. This role presents a great opportunity, especially for graduates in the field of agriculture. Check the details of the IBPS AFO Salary 2024 in the article given below.

IBPS AFO Salary Structure

For Scale 1 officers the salary in 2024 ranges from Rs 20,000 to Rs 23,700. This salary structure reflects the pay band set for the post. For more details on the salary, check the table below.

IBPS AFO Salary Structure
Category Pay Scale
IBPS SO AFO Officer Scale I Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
IBPS SO AFO Officer Scale-II Rs. 31705-1145/1-32850-1310/10-45950
IBPS SO AFO Officer Scale III Rs. 42020-1310/5-48570-1460/2-51490

IBPS AFO In-Hand Salary

Aspirants are quite curious to learn about the monthly salary, as it reflects their take-home pay. In-Hand Salary includes basic pay along with allowances but a deduction of all the charges that are applicable by the central government. The following table about the monthly IBPS AFO Salary 2024 can assist candidates in comprehending the salary structure more effectively.

IBPS AFO In-Hand Salary
Category Monthly Salary
IBPS AFO Officer Scale I Rs.36400
IBPS AFO Officer Scale II Rs.48800
IBPS AFO Officer Scale III Rs.64600

IBPS Agriculture Field Officer Annual Package

The pay structure of the Agriculture Field Officer is decided as per the 7th pay commission norms. The annual package of Agriculture Field Officer makes it up to INR 2,84,400. The package also includes various allowances decided as per the state rules. 

Perks and Allowances of IBPS AFO 2024

Various types of perks and benefits are provided along with salary. Candidates can check the following table for details along with the percentage for the same.

Perks and Allowances of IBPS AFO
Allowances Types Percentage
Dearness Allowances Rs. 8605.88
House Rent Allowance 7-9%
City Compensatory Allowance 0-4%
Special Allowance 7.75%

IBPS AFO Job Profile 2024

The Institute of Banking Personnel Selection (IBPS) Agricultural Field Officer is mainly primarily concerned with promoting bank financial goods and services to farmers and landlords in rural regions for agricultural reasons. This position holds importance in the banking sector. The IBPS SO AFO Salary and Job Profile 2023 are mentioned below.

  • The AFO will make sure that loans are being disbursed to farmers.
  • The IBPS Agricultural field officer also makes sure Agricultural loans are being reviewed.
  • He also intends to make an increase in rural funding.
  • The IBPS Agricultural field officer job will examine crop failure cases also.

IBPS AFO Promotion and Career Growth 2024

There is always room for improvement in any kind of service. Internal interviews and promotional examinations can help candidates grow in their careers making them eligible for the promotion.

The hierarchy for IBPS AFO includes:

  1. Scale 1- Officer / Assistant Manager
  2. Scale 2- Manager
  3. Scale 3- Senior Manager
  4. Scale 4- Chief Manager
  5. Scale 5- Asst. General Manager
  6. Scale 6- Deputy General Manager
  7. Scale 7- General Manager.

FAQs

What is the basic pay for IBPS AFO?

The basic pay for IBPS AFO is Rs 23,700.

What is the career growth for IBPS AFO?

IBPS AFOs can have a long and rewarding career, with the potential to reach the level of General Manager.

What is the IBPS AFO Pay Scale?

IBPS AFO Pay Scale is Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020.

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