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IBPS AFO Salary 2024
If you’re planning to apply for the IBPS Agriculture Field Officer (AFO) exam this year and want to know about the salary, the Institute of Banking Personnel Selection (IBPS) offers an attractive salary package for selected candidates. The IBPS AFO Salary 2024 provides a good starting point for agriculture graduates aiming for a career in banking. This article gives a simple overview of the IBPS AFO salary, including benefits, allowances, and the job role.
IBPS AFO Salary 2024: Highlights
This Highlights provides detailed insights into the salary components, perks, and job responsibilities associated with the IBPS AFO position in 2024.
Name Of The Recruitment | IBPS AFO Recruitment 2024 |
Exam Conducting Body | Institute of Banking Personnel Selection (IBPS) |
Category | Salary |
Post | Agriculture Field Officer (AFO) |
Basic Pay | Rs.23,700 |
IBPS AFO Salary 2024: Pay scale
The IBPS Agriculture Field Officer (AFO) Salary 2024 provides a lucrative for candidates in the banking sector, with a starting basic salary of ₹23,700 for Scale I officers. Below is a detailed information of the salary structure, including pay scales for IBPS AFO Scale I, II, and III officers
Category | Pay scale | Monthly salary |
IBPS AFO Officer Scale I | Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 | Rs. 36400 |
IBPS AFO Officer Scale II | Rs. 31705-1145/1-32850-1310/10-45950 | Rs. 48800 |
IBPS AFO Officer Scale III | Rs. 42020-1310/548570-1460/2-51490 | Rs. 64600 |
IBPS AFO Salary & Perks
Public sector banks provide several allowances to candidates selected through the IBPS AFO Recruitment, in addition to the base IBPS Agriculture Field Officer (AFO) Salary. These allowances enhance the overall pay, with the final amount given to employees in cash. The House Rent Allowance (HRA) and City Compensatory Allowance (CCA) vary depending on the posting location. The starting salary for an IBPS AFO is approximately ₹36,000 per month. The allowances and their respective rates are listed in the detailed table below.
IBPS AFO Salary & Perks |
City Compensatory Allowance 0-4%(depends on location) |
House Rent Allowance 7%-9%(Location dependent) |
Special Allowance 7.75%(Scale I) |
Dearness Allowance Rs 8605.88 |
Miscellaneous Rs. 4100 |
IBPS AFO In-Hand Salary
Aspirants are often interested in knowing their monthly in-hand salary, which is determined by basic pay, additional allowances, and required government deductions. The table below offers a detailed breakdown of the IBPS Agriculture Field Officer (AFO) salary for 2024, providing a clearer understanding of the take-home pay.
IBPS AFO In-Hand Salary |
IBPS AFO Officer Scale I Rs.36400 |
IBPS AFO Officer Scale II Rs.48800 |
IBPS AFO Officer Scale III Rs.64600 |
IBPS AFO Salary Slip 2024
The salary slip includes all components of the IBPS AFO Monthly Salary, such as basic pay, perks, allowances, and monthly deductions. SSCADDA has provided a sample salary slip for an employee who joined as an Agriculture Field Officer (AFO) in 2020.
IBPS AFO Job Profile
It is important for the aspirants to know what kind of work they will have to do after becoming Agriculture Field Officers. AFOs have a number of responsibilities, particularly in rural areas. The primary responsibility of those hired to fill the position of Agriculture Field Officer (AFO) is to inform farmers about the bank’s financial products and services. The additional duties of IBPS AFO employees include:
- The AFO is responsible for promoting rural funding.
- The function of AFO is to give loans to farmers as well as people related to agriculture.
- Make sure that the farmers are receiving the loans.
- Examine the loans for agriculture.
- Examine the instances of failed crops
- Educating farmers about the bank’s particular programs and perks
- Spend more money in rural areas
IBPS AFO Career growth
The candidates chosen for the post of IBPS AFO offered fantastic professional advancement. Below is a list of the IBPS AFO’s promotion structure.
- Officer/Assistant Manager
- Manager
- Senior Manager
- Chief Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
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IBPS Agriculture Field Officer AFO Syllabus 2024 and Exam Pattern | Railway Exam Calendar 2024 Out |