IBPS AFO Salary: The Agriculture Field Officer (AFO) post under the IBPS Specialist Officer (SO) cadre offers an attractive salary package along with a range of allowances and growth opportunities in the public sector banking system. In this article, we have covered everything you need to know about the IBPS AFO Salary 2025, including the latest pay scale, in hand salary, benefits, job profile, and promotion hierarchy. If you are aiming for a stable and rewarding career in the agriculture and banking sector, this guide will help you understand what to expect after selection.
What is the starting salary of an IBPS AFO?
The starting basic pay for an IBPS AFO Scale I officer is Rs 36,400. As the IBPS AFO Notification has released already, it is important to now understanding the pay scale before applying for the post.
| Grade | Salary/ Pay Scale |
|---|
| Officer Scale I | Monthly salary– Rs. 36400/- (Pay Scale– Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020) |
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Are IBPS AFOs entitled to Perks and Benefits?
The list of the allowances provided is given below:
- Dearness Allowance (DA) – Approx. 36% of Basic Pay (~Rs. 8,600/-)
- House Rent Allowance (HRA) – 7% to 9% depending on the posting location
- Transport/Conveyance Allowance – Fuel reimbursement based on vehicle type (2-wheeler/4-wheeler)
- Special Allowance – 7.75% of (Basic + DA)
- City Compensatory Allowance (CCA) – Varies from 0% to 4%
- Lease Accommodation – Up to Rs. 29,500/-, as per location (optional in place of HRA)
- Provident Fund (PF) Contribution – Around Rs. 3000/- to Rs. 3500/-
- Other benefits – Newspaper reimbursement, hospitalization, pension, deputation allowance, etc.
What allowances are provided with IBPS AFO Salary?
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 Rs 29,500/ as per the place of posting. |
| PF Contribution | It varies between Rs. 3000/ – Rs. 3500/ |
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What deductions are made from IBPS AFO Salary?
While the gross salary of an IBPS Agriculture Field Officer (AFO) includes basic pay, allowances, and benefits, certain standard deductions are made before calculating the final in-hand salary. These deductions include:
- Provident Fund (PF): A fixed amount is deducted each month as a contribution to the employee's Provident Fund.
- Professional Tax: This is a small tax amount imposed by some state governments.
- Income Tax (TDS): If applicable, Tax Deducted at Source (TDS) is deducted based on the employee's annual income slab.
- Pension Contribution (NPS): Under the National Pension Scheme (NPS), a portion of the salary is contributed towards the pension fund.
- Other deductions: These may include union fees, loan EMIs (if taken), or insurance premiums (if opted).
After these deductions, the in-hand salary of an IBPS AFO is around ₹42,000 to ₹45,000 depending on the posting location and bank policies.
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
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What is the Career Growth for IBPS AFO?
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.
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Middle Management Grade Scale 2 – Manager.
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Middle Management Grade Scale 3 – Senior Manager.
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Senior Management Grade Scale 4 – Chief Manager.
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Senior Management Grade Scale 5 – Assistant General Manager.
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Top Management Grade Scale 6 – Deputy General Manager.
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Top Management Grade Scale 7 – General Manager.
IBPS AFO Salary - Key Takeaways
Here's a quick overview of the key highlights related to IBPS AFO Salary, allowances, deductions, and career growth.
| Key Aspect | Details |
|---|
| Starting Basic Pay | ₹36,400 (Pay Scale: ₹23,700–₹42,020) |
| In-hand Salary | ₹42,000 – ₹45,000 (after deductions) |
| Dearness Allowance (DA) | 36% of Basic Pay (~₹8,600) |
| House Rent Allowance (HRA) | 7% to 9% based on posting location |
| Special Allowance | 7.75% of Basic + DA |
| City Compensatory Allowance | 0% to 4% based on location |
| Lease Accommodation | Up to ₹29,500 (optional in place of HRA) |
| Conveyance Allowance | Fuel reimbursement for 2-wheeler or 4-wheeler |
| Provident Fund Contribution | ₹3,000 – ₹3,500 approx. |
| Other Benefits | Newspaper, Pension, Medical, Insurance, etc. |
| Deductions | PF, Professional Tax, TDS, NPS, Loan EMI, Insurance Premiums |
| Job Role | Promote rural loan products, farmer engagement, inspection, recovery |
| Promotion Hierarchy | Officer → Manager → Senior Manager → Chief Manager → AGM → DGM → GM |
