SBI SO Salary Vs IBPS SO Salary, SBI SO Salary Vs IBPS SO Check Differences 2024

SBI vs. IBPS SO Salary Comparison The differences in salaries between SBI SO and IBPS SO are the only topic of this essay. Candidates who are interested in learning about the salary differences between SBI and IBPS SO can read this post to have a thorough understanding of those differences. The actual specifics of the salary discrepancies between SBI and IBPS are provided in this post. IBPS SO candidates often earn between Rs. 46,000 and Rs. 48000, whereas SBI SO candidates typically earn between Rs. 52,000 and Rs. 55000.

SBI Salary vs. IBPS SO Salary

To find out how the salaries for SBI and IBPS SO differ, read this post. We’ve covered the salary disparities between IBPS and SBI SO, as well as variances in career advancement, allowances, and other topics. Please take a brief glance at the following parts to learn about the full breakdown of salary differences between SBI SO and IBPS SO.

Salary Comparison of SBI and IBPS SOs

The IBPS SO Salary and SBI SO Salary are shown in the following table.

IBPS SO Salary

GradeIBPS SO Salary
Officer Scale IMonthly salary Approx. Rs. 36400
Pay Scale– Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
Officer Scale-IIMonthly salary Approx.Rs. 48800
Pay Scale- Rs. 31705-1145/1-32850-1310/10-45950
Officer Scale IIIMonthly salary Approx.Rs. 64600
Pay Scale- Rs. 42020-1310/5-48570-1460/2-51490

SBI SO Salary

GradeSBI SO Salary
Junior Management Grade Scale IRs. 11.63 lakhs per annum
Middle Management Grade Scale IIRs. 15.09 lakhs per annum
Middle Management Grade Scale IIIRs. 18.32 lakhs per annum
Senior Management Grade Scale IV50030-1460/4-55870-1650/2-59170

Career Development Disparities Between SBI SO and IBPS SO

The differences in career growth between SBI SO and IBPS SO are available for applicants to review here.

BPS SO Career Growth

  • Assistant Manager
  • Manager
  • Senior Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Managing Director
  • Chairman

SBI SO Creer Growth

  • Assistant Manager
  • Deputy Manager
  • Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Deputy Managing Director
  • Managing Director
  • Chairman

Examine the Disparities Between IBPS and SBI SO Allowances.

The allowance discrepancies between SBI SO and IBPS SO have been provided.

IBPS SO Allowances

IBPS Specialist Officer Salary- Allowances
House Rent Allowance7%-9% (Location dependent)
Dearness AllowanceRs 8605.88
Special Allowance7.75% (Scale I)
City Compensatory Allowance0-4% (depends on location)
MiscellaneousRs. 4100

SBI SO Allowances

  • House Rent Allowance
  • Provident Fund
  • Dearness Allowance
  • Leave Fare Concession,
  • Smart Compensation Allowance
  • Contributory Pension Fund
  • Special Allowance
  • Newspaper allowance
  • City Compensatory Allowance
  • Special Salary for performing during a pandemic
  • Festival Bonus
  • Medical Facility

The Job Profiles of SBI SO and IBPS SO

The applicants must carry out their duties as bank SOs after being appointed. The duties and obligations that each department in a bank has are listed below.

Marketing Officer at Bank SO

Managing the bank’s operations and turning a profit are the primary responsibilities of a marketing officer. Below is a list of the Marketing Officer’s responsibilities.

  • The marketing officer is responsible for overseeing many marketing platforms, including newspaper ads, television commercials, posters, and so on. Verifying and cross-checking information obtained via these sources is also crucial.
  • Need to put up an economical advertising budget. They need to be on the negotiating team as well.
  • In order to cultivate a favourable perception of the bank among clients and consumers, the Marketing Officer must oversee certain areas of the Bank’s PR Department.

IT Officer at Bank SO

Control, management, and optimisation of various bank system duties are the responsibilities of the IT officer. The following are the duties of the IT officer’s job description.

  • The bank’s computer systems must be maintained by the IT officer. They should concentrate on data centre maintenance and support.
  • They need to be in charge of query processing and network security maintenance as well.
  • Need to handle the questions about the ATM
  • Candidates for IT officer positions must be capable of doing software and MIS maintenance.

Law Officer – Bank SO

The legal tasks associated with the banking system must be handled by the Law Officer. An officer of the law has the following duties.

  • A law officer’s primary responsibility is to provide legal assistance in cases involving bank fraud, charges, and other similar matters.
  • Need to examine the existing policies and identify any mistakes that may exist.
  • Preserve the bank’s integrity and reputation.
  • Legal notifications and other paperwork must be drafted by law officers for various bank procedures.

Officer of Human Resources at Bank SO

The HR Officer is responsible for overseeing the following HR departmental activities:

  • All misconduct-related matters that need the attention of the HR department should be handled by the HR Officer.
  • They must examine the current HR regulations.
  • They must participate in the Committee for Recruitment and Selection.
  • HR officers are required to put new procedures into place that encourage a good attitude among bank workers.

Agricultural Field Officer at Bank SO

The difficult work that agricultural field officers do involves

  • The Agricultural Field Officer needs to explain the government policies clearly and benefit plans to people.
  • They are required to provide every consumer with comprehensive information about various banking plans.
  • The Agricultural Field Officer is responsible for encouraging loans to those who meet the bank’s requirements.

Rajbhasha Adhikari Bank SO

The Rajbhasha Adhikari officials are hired in banks to promote Hindi. A Rajbhasha Adhikari’s responsibilities include the following:

  • Workshops should be held by the Rajbhasha Adhikari to teach bank employees in the language that the majority of clients speak.
  • All relevant and significant papers that are sent across the Bank must be translated and proofread by the applicants selected to serve as Rajbhasha Adhikari.
  • It is essential that the Rajbhasha Adhikari be aware that official notifications from banking government organisations be provided in both Hindi and English.

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