SBI SO Salary Vs IBPS SO Salary | Check Differences

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SBI SO Salary Vs IBPS SO Salary: This article is completely about the Differences in Salaries Between IBPS SO and SBI SO. The aspirants who wanted to know the Salary Differences Between IBPS SO and SBI SO can read this article to have clear information about the Differences Between IBPS SO Salary and SBI SO Salary. This article contains the genuine details of the differences between IBPS SO Salary Vs SBI SO Salary. The in-hand salary of an IBPS SO candidate is approximately 46000 to 48000 and for SBI SO candidate is approximately Rs. 52000 to Rs. 55000.

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SBI SO Salary Vs IBPS SO Salary

Follow this article to Check the Differences Between SBI SO Salary and IBPS SO Salary. We have given the Differences in Salaries Between IBPS SO and SBI SO, career growth differences, allowances differences, and so on. We request the participants to have a quick look at the following sections to know the complete Differences in Salaries Between IBPS SO and SBI SO.

IBPS SO Salary Vs SBI SO Salary

Here we have given the IBPS SO Salary and SBI SO Salary in the following given table.

IBPS SO Salary

Grade IBPS SO Salary
Officer Scale I Monthly salary Approx. Rs. 36400
Pay Scale– Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020
Officer Scale-II Monthly salary Approx.Rs. 48800
Pay Scale- Rs. 31705-1145/1-32850-1310/10-45950
Officer Scale III Monthly salary Approx.Rs. 64600
Pay Scale- Rs. 42020-1310/5-48570-1460/2-51490

SBI SO Salary

Grade SBI SO Salary
Junior Management Grade Scale I Rs. 11.63 lakhs per annum
23700-980/7-30560-1145/2-32850-1310/7-42020
Middle Management Grade Scale II Rs. 15.09 lakhs per annum
31705-1145/1-32850-1310/10-45950
Middle Management Grade Scale III Rs. 18.32 lakhs per annum
42020-1310/5-48570-1460/2-51490
Senior Management Grade Scale IV 50030-1460/4-55870-1650/2-59170

Differences in Career Growth Between IBPS SO and SBI SO

The candidates can check the Differences in Career Growth Between IBPS SO and SBI SO here.

IBPS SO Career Growth

  • Assistant Manager
  • Manager
  • Senior Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Managing Director
  • Chairman

SBI SO Creer Growth

  • Assistant Manager
  • Deputy Manager
  • Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Deputy Managing Director
  • Managing Director
  • Chairman

Check Differences Between SBI SO Allowances and IBPS SO Allowances

We have presented the allowances differences between SBI SO and IBPS SO

IBPS SO Allowances

IBPS Specialist Officer Salary- Allowances
House Rent Allowance 7%-9% (Location dependent)
Dearness Allowance Rs 8605.88
Special Allowance 7.75% (Scale I)
City Compensatory Allowance 0-4% (depends on location)
Miscellaneous Rs. 4100

SBI SO Allowances

  • House Rent Allowance
  • Provident Fund
  • Dearness Allowance
  • Leave Fare Concession,
  • Smart Compensation Allowance
  • Contributory Pension Fund
  • Special Allowance
  • Newspaper allowance
  • City Compensatory Allowance
  • Special pay for performing during a pandemic
  • Festival Bonus
  • Medical Facility

SBI SO Vs IBPS SO – Job Profile

After being appointed as the bank SO the candidates need to fulfill the job responsibilities. In banks, every department has its own set of responsibilities and functions which are given below.

Bank SO – Marketing Officer

The main role of a Marketing Officer is to look after the business of the bank and to make a profit. The tasks of the Marketing Officer are listed below

  • The Marketing Officer has to manage several marketing channels such as televised commercials, posters, newspaper advertisements, and so on. It is also important to check and cross-check information shared through these channels.
  • Have to prepare a cost-effective budget for advertising. They should also be a part of the negotiation team.
  • The very important thing the Marketing Officer needs to do is to handle certain aspects of the Bank’s PR Department to foster a positive image of the Bank in form of clients and customers.

Bank SO – IT Officer

The IT Officer’s job is to control, manage, and optimize several tasks of the bank system. The job responsibilities of the IT Officer are as follows

  • The IT Officer has to maintain the Computer Systems in the Bank
  • Concentrate on Data Center Maintenance and Support
  • They should also be responsible for Network Security Maintenance and Query Processing
  • Have to look after the queries related to ATM
  • The candidates who are positioned as IT Officers need to do Software and MIS Maintenance

Bank SO – Law Officer

The Law Officer needs to look after the legal work of the banking system. The job role of a Law Officer is as follows

  • The main job of a Law Officer is to provide Legal Assistance in issues of bank fraud, accusations, and so on.
  • Have to look into the present current policies and find errors if any.
  • Protect the reputation and integrity of the bank.
  • Law Officers need to draft legal notices and documents for different processes in a Bank.

Bank SO – HR Officer

The HR Officer’s job is to look after the activities of the HR department which are given below

  • The HR Officer should handle all issues of misconduct that need attention from the HR department.
  • They have to analyze existing HR policies.
  • They need to take part in the Selection and Recruitment Committee.
  • HR Officers have to Implement new policies fostering a positive attitude among the employees of the bank.

Bank SO – Agricultural Field Officer

Agricultural Field Officers’ task is a challenging job that includes

  • The Agricultural Field Officer needs to explain the government policies clearly and benefit plans to people.
  • They have to give detailed information to all the customers about several banking schemes.
  • The Agricultural Field Officer needs to Promote loans to the people who fulfill the criteria of the bank.

Bank SO – Rajbhasha Adhikari

To promote Hindi in a bank the Rajbhasha Adhikari officers are appointed. The duty of a Rajbhasha Adhikari includes the following

  • The Rajbhasha Adhikari should organize workshops for training bank personnel in the language that is known by most of the customers.
  • The candidates who are appointed as the Rajbhasha Adhikari need to translate and Proofread all the useful and important documents that are circulated in the Bank.
  • The Rajbhasha Adhikari should take note that the official notification of the banking government organizations must be given in both Hindi and English languages.

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