IBPS AFO Salary 2024, Complete Salary Structure, Job Profile

Table of content

IBPS AFO Salary

An IBPS AFO (Scale I) salary includes a Basic pay of Rs. 23,700/- They have a pay scale in the range of Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 . In addition to the basic pay, IBPS SO are eligible for some perks and allowances. IBPS AFO is one of the demanded jobs in agriculture sector and offers a lucrative salary with several other benefits. Check out the detailed IBPS AFO Salary, Allowances, Job Profile, etc in the blog.

IBPS SO Salary 2024 – Pay Scale

The IBPS AFO Salary/ IBPS AFO Pay Scale is given below:

Grade	Salary/ Pay Scale
Officer Scale I	Monthly salary– Rs. 36400/- (Pay Scale– Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020)

Download IBPS AFO Interview Questions & Prep Guide

Celebrating Women’s Day! 1.5X Validity + 40% OFF on Banking Super Elite Pro! Use Code: “WDAY“: Click Here

IBPS AFO Salary 2024 – Allowances

The list of the allowances provided is given below:

Dearness Allowance.
House Rent Allowance.
Transport Allowance.
Newspaper reimbursement.
Hospitalization reimbursement.
Pension.
Petrol.
Deputation Allowance.
PF Allowance.

IBPS AFO Salary 2024 – Allowances Value

The allowances and benefits are presented in a tabular form as follows:

Components	Values
Dearness Allowance	36% Approx. Rs 8600/
House Rent Allowance	Between 7% to 9%. ( Varies based on posting location)
Conveyance Allowance	Fixed amount of fuel expense depending upon 2 wheeler or 4 wheeler
Special Allowance	7.75% of DA+Basic.
City Compensatory Allowance	As per the place of posting of the candidate, it is between 0% to 4%
Lease Allowance	In place of HRA, lease accommodation is optional and can be availed up to Rs29,500/ as per the place of posting.
PF Contribution	It varies between Rs. 3000/ – Rs. 3500/

Related Links	Related Links	Related Links
IBPS AFO Application Form	IBPS AFO Eligibility	IBPS AFO Exam Date
IBPS AFO Admit Card	IBPS AFO Syllabus	IBPS AFO Notification
IBPS AFO Result	IBPS AFO Selection Process	IBPS AFO Previous Year Cut Off

IBPS AFO Job Profile

The job profile for IBPS SO Agricultural Field Officer is as given below-

Promotes banks’ loan products in rural areas, particularly among farmers.
Meets and maintain a good relationship with farmers and thereby generate Leads
Conducts pre-loan sanction inspection
Follows up in case of recovery of loans
Ensures the proper recovery of loan
Getting the acknowledgement of debt

Attempt FREE IBPS AFO Mock Test

IBPS AFO Salary 2024 – Career Growth

AFOs are given opportunities to get promoted to a higher level based upon their performances. Find below the hierarchy followed at the time of promotion:

Junior Management Grade Scale 1 – Officer/ Assistant Manager.

↓

Middle Management Grade Scale 2 – Manager.

↓

Middle Management Grade Scale 3 – Senior Manager.

↓

Senior Management Grade Scale 4 – Chief Manager.

↓

Senior Management Grade Scale 5 – Assistant General Manager.

↓

Top Management Grade Scale 6 – Deputy General Manager.

↓

Top Management Grade Scale 7 – General Manager.

Related Links	Related Links	Related Links
IBPS AFO Previous Year Paper	IBPS AFO Full Form	IBPS AFO Bank Preference List
IBPS AFO Books	IBPS AFO Bank Wise Vacancy	IBPS AFO Documents Required
IBPS AFO Hand Written Declaration	IBPS AFO Interview Questions & Answers	IBPS AFO Interview

IBPS AFO Salary 2024 – FAQs

Q1. What is the basic pay for IBPS AFO?

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

Q2. 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.

Q3. What are the job responsibilities of an IBPS AFO?

Conducts pre-loan sanction inspection, Follows up in case of recovery of loans, etc are some of the responsibilities.

Q4. What are the benefits of being an IBPS AFO?

IBPS AFOs enjoy a number of benefits, including a competitive salary, good career growth prospects, and a variety of learning and development opportunities.

Q5. What is the IBPS AFO Pay Scale?

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

Saloni Singhal

Hello there! I’m a dedicated Government Job aspirant turned passionate writer & content marketer. My blogs are a one-stop destination for accurate and comprehensive information on exams like Regulatory Bodies, Banking, SSC, State PSCs, and more. I’m on a mission to provide you with all the details you need, conveniently in one place. When I’m not writing and marketing, you’ll find me happily experimenting in the kitchen, cooking up delightful treats. Join me on this journey of knowledge and flavors!

Oliveboard Live Courses & Mock Test Series

Celebrating Women’s Day! 1.5X Validity + 40% OFF on Banking Super Elite Pro! Use Code: “WDAY“: Click Here