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IBPS AFO Salary 2024, Check Pay Scale, Job Profile & Perks

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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 ModeOnline
Vacancy 346
IBPS AFO Notification 1st August 2024
IBPS AFO 2024 Apply Online1st August 2024
Last Date to IBPS AFO Apply Online 21st August 2024
Selection ProcessPrelims
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
PostSalary/ Pay Scale
Officer Scale IMonthly 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
AllowancesDetails
Dearness AllowanceRs 8600/
Conveyance AllowanceFixed amount of fuel expense depending upon 2-wheeler or 4-wheeler
House Rent AllowanceBetween 7% to 9%. (based on posting location)
Special Allowance7.75%
Lease AllowanceIn place of HRA, lease accommodation is optional and can be availed up to Rs29,500/ as per the place of posting.
PF ContributionIt 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 AFOOfficer/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 Syllabus 2024IBPS AFO Cut Off 2024

IBPS AFO Salary 2024 FAQs

What is the monthly salary of IBPS AFO Officer Scale I?

The Monthly Salary of IBPS AFO Officer Scale I is Rs.36400.

What is the starting salary of an IBPS AFO in 2024?

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.

Do IBPS AFOs receive allowances along with the basic pay?

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.

Sweta Singh

I pen/write blogs to help aspirants prepare for SSC, Banking, and Engineering exams. These blogs turn out to be a one-stop destination for comprehensive information on some of the biggest competitive exams. My ultimate goal is to provide accurate and easy-to-understand information, covering topics like exam patterns, syllabus, study techniques, and more. Join me on this journey of knowledge!

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