IBPS AFO Salary 2024: The Institute of Banking Personnel Selection has released the IBPS AFO 2024 salary along with the IBPS AFO salary along with IBPS AFO 2024 Notification PDF on its official website. The IBPS will release the huge number of vacancies for Agriculture Field Officer posts many candidates in India want to join the banking sector through competitive exams like IBPS AFO (Institute of Banking Personnel Selection – Agriculture Field Officer). Apart from job security and growth opportunities, the salary is also quite good, which attracts candidates more towards this exam.
IBPS AFO Salary 2024 Overview
The IBPS AFO 2024 notification has been released on its official website along with the IBPS AFO 2024 Notification candidates check all IBPS AFO 2024 salary details in tabular form. Salary is a motivating factor for candidates interested in applying for a particular job role in any organization. IBPS AFO Salary 2024 description is provided in the table. Candidates are well-aware what is the salary package provided to AFO including perks and benefits. Then, you can think to participate in the recruitment drive get a secured job of AFO in any reputed public sector bank of India.
| IBPS AFO 2024 Overview | |
| Particular | Details |
| Conducting Body | Institute of Banking Personnel Selection |
| Post Name | Agriculture Field Officer |
| Exam Name | IBPS AFO 2024 |
| Application Mode | Online |
| Vacancy | 346 |
| IBPS AFO Notification | 1st August 2024 |
| IBPS AFO 2024 Apply Online | 1st August 2024 |
| Last Date to IBPS AFO Apply Online | 21st August 2024 |
| Selection Process | Prelims Mains Interview |
| IBPS Official Website | www.ibps.in |
IBPS AFO Salary Pay Scale 2024
Here we are providing the IBPS AFO salary pay scale 2024. Candidates check the IBPS AFO salary pay scale in the table below.
| IBPS AFO Salary 2024 | |
| Post | Salary/ Pay Scale |
| Officer Scale I | Monthly salary– Rs. 36400/- (Pay Scale– Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020) |
IBPS AFO 2024 Allowances
The Institute of Banking Personnel Selection has released the IBPS AFO 2024 on its official website along with the IBPS AFO 2024 notification. The IBPS AFO 2024 salary contains many allowances. Here we are providing the IBPS AFO 2024 allowances including Dearness Allowance, Conveyance Allowance, House Rent Allowance, Special Allowance, Lease Allowance, PF Contribution and more. Candidates check all details in the table below:
| IBPA AFI 2024 Allowances | |
| Allowances | Details |
| Dearness Allowance | Rs 8600/ |
| Conveyance Allowance | Fixed amount of fuel expense depending upon 2-wheeler or 4-wheeler |
| House Rent Allowance | Between 7% to 9%. (based on posting location) |
| Special Allowance | 7.75% |
| 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/ |
IBPS AFO 2024 Career Growth
Here we are providing the IBPS AFO 2024 career growth. Candidates check the Career growth in the below table
| IBPS AFO 2024 Career Growth | |
| IBPS AFO | Officer/Assistant ManagerManagerSenior ManagerChief ManagerAssistant General ManagerDeputy General ManagerGeneral Manager |
IBPS AFO 2024 Perks and Benefits
Apart from the basic pay and allowances, IBPS AFOs get several perks and benefits, which include:
Medical Benefits: Comprehensive medical insurance for self and family.
Leave Benefits: Liberal leave policies include casual leave and sick leave.
Pension: AFOs also provide pension schemes as per bank and government regulations.
Loans and Advances: The Bank offers attractive loan schemes at subsidized interest rates for housing, education and personal needs.
IBPS AFO Job Profile 2024
Agriculture Field Officers working in banks are assigned work to raise awareness among farmers regarding bank’s financial products. They interact with farmers and provide them with loans after reviewing crop conditions. Candidates looking forward to applying for IBPS AFO Posts should be aware of job profiles to know the work culture in the Indian banking system.
Provide Loan Facility to Farmers: The role of an Agriculture Field Officer working in a bank is to provide loans to farmers on requirement.
Conduct Awareness Programs: IBPS AFOs are responsible for conducting awareness sessions to guide farmers on bank’s financial products.
Check Crop Failure Cases: AFO visits to meet farmers to check crop failure cases and provide them with financial assistant.
Review on Loans: AFO performs a job role to review loans provided to farmers.
Related Article On IBPS AFO 2024 Exam
IBPS AFO Salary 2024 FAQs
The Monthly Salary of IBPS AFO Officer Scale I is Rs.36400.
The starting basic pay of an IBPS Agriculture Field Officer (AFO) in 2024 varies from approximately Rs. 23,700 to Rs. 42,020, depending on the bank and location.
Yes, IBPS AFOs receive various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowance, and Travel Allowance along with the basic pay.
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