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IBPS AFO Salary 2023, Job profile, Pay Scale

IBPS AFO Salary 2023

IBPS AFO Salary 2023: Are you intending to apply for IBPS AFO exam this year and seeking information about the IBPS AFO Salary in 2023? The Institute of Banking Personnel Selection offers a lucrative IBPS AFO Salary package to candidates who are selected for the post of Agriculture Field Officer (AFO). IBPS AFO Salary 2023 is a decent start and a great opportunity for graduates who have completed their degree in agriculture and wish to pursue a career in the banking industry. This article outlines the details of IBPS AFO Salary 2023 including benefits, allowances, and job profile.

IBPS AFO Salary 2023: Overview

A detailed overview of IBPS AFO Salary 2023 is provided below.

IBPS AFO Salary 2023: Overview
Name Of The Recruitment IBPS AFO Recruitment 2023
Name Of The Exam Conducting Body Institute of Banking Personnel Selection (IBPS)
Category Salary
Post Agriculture Field Officer (AFO)
Vacancy 500
Basic Pay Rs.23,700
Official Website www.ibps.in

IBPS AFO Salary 2023: Pay scale

IBPS AFO Officer Scale I Basic Salary is Rs. 23,700. The table describes the pay scales for IBPS AFO Scale I, II, and III officer. Check the table below for detailed information.

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

The public sector banks offer various allowances to candidates who get selected through IBPS AFO Recruitment in addition to IBPS Agriculture Field Officer Salary. The wage is increased by the benefits and allowances, and the employees are given the final sum in cash. The location of the posting affects the House Rent Allowances (HRA) and City Compensatory Allowances (CCA). The IBPS AFO Starting Salary is around 36,000 per month. The table given below includes a list of the allowances and their rates.

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 Salary Slip 2023

The salary slip contains all the components of IBPS AFO Salary Per Month such as basic pay, perks and allowances and monthly deductions etc. SSCADDA is providing you with a salary slip of an employee who joined as the Agriculture Field Officer (AFO) in the year 2020.

IBPS AFO Salary 2023, Job profile, Pay Scale_3.1IBPS 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 AFO Salary 2023, Job profile, Pay Scale_5.1

FAQs

What is the basic salary offered to IBPS AFO?

The basic salary offered to IBPS AFO is Rs.23700.

What is the IBPS AFO Salary per month?

The monthly salary of IBPS AFO is 36400.

What are the allowances offered to the candidates along with the IBPS AFO Salary 2023?

The allowances offered to the shortlisted candidates are listed below.
City Compensatory Allowance, House Rent Allowance, Special Allowance, Dearness Allowance, etc.

Does the IBPS AFO officer get promotions?

Yes, the IBPS AFO officers get promotions.

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