IBPS AFO Salary 2024, Salary Structure, Job Profile & Allowances

Understanding the IBPS AFO Salary 2024 is essential for candidates with aspirations for IBPS AFO 2024.
The salary structure for Agriculture Field Officers (AFO) conforms to the framework established by banks on a regular basis. According to the information available, the foundational salary for IBPS AFO Officer Scale I stands at Rs. 23,700. Additionally, selected candidates will qualify for various allowances and benefits along with the basic pay. This post offers detailed information on IBPS AFO Salary 2024.

IBPS AFO Salary

The IBPS AFO Salary 2024 can be one of the most entrancing aspects for candidates. Moreover, the choice of being an AFO can be a rewarding career opportunity for aspirants. Candidates chosen for the role of Agriculture Field Officers (AFOs) can anticipate a prestigious IBPS AFO Salary 2024, accompanied by various allowances and benefits. This position presents an excellent opportunity, particularly for graduates in agriculture. Check out all the necessary details related to IBPS AFO Salary 2024 in this post.

IBPS AFO Salary Structure 2024

The IBPS AFO Salary structure has a basic salary along with perks and allowances. The Basic Salary for the IBPS AFO Officer Scale I is Rs.23700 and the pay scale is as Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020. The allowances and benefits added to the salary make it truly attractive and lucrative. Here in this table, candidates can get the complete IBPS AFO Salary Structure 2024.

CategoryPay Scale
IBPS AFO Officer Scale IRs. 23700-980/7-30560-1145/2-32850-1310/7-42020
IBPS AFO Officer Scale IIRs. 31705-1145/1-32850-1310/10-45950
IBPS AFO Officer Scale IIIRs. 42020-1310/5-48570-1460/2-51490

IBPS AFO Monthly Salary 2024

The candidates are also eager to know the monthly salary as that is the amount that they take home. The details on monthly IBPS AFO Salary will help candidates to understand the salary details in a better way.

CategoryMonthly Salary
IBPS AFO Officer Scale IRs.36400
IBPS AFO Officer Scale IIRs.48800
IBPS AFO Officer Scale IIIRs.64600

IBPS AFO Salary Slip

In order to provide better clarity to aspiring candidates about the salary after qualifying IBPS AFO Exam, we have arranged for the latest salary slip of Agriculture Field Officers working in one of the participating banks. The candidate has been serving in the post since 2020 and we have provided the IBPS AFO Salary Slip for July 2023.

IBPS AFO Allowances

Along with the IBPS AFO Salary selected, candidates will also be eligible for various perks and allowances. The allowances and perks are given to candidates to account for various sorts of expenditures and prevailing inflation. The perks that are given as a part of the AFO Salary are Leave policy, Leave Travel Allowance, Holiday Homes, Conveyance allowance, Newspaper allowance, Medical allowance, Entertainment allowance, House and Furniture allowance, etc. Here are the details on allowances that are paid as a part of IBPS AFO Salary 2024.

IBPS AFO Salary 2024: Perks and Allowances

AllowancesRate
Dearness AllowancesRs. 8605.88
House Rent Allowance7-9%
City Compensatory Allowance0-4%
Special Allowance7.75%(For Scale1)

IBPS AFO Job Profile

The role of an Agriculture Field Officer (AFO) encompasses a range of responsibilities, particularly in rural areas. Individuals appointed as Agriculture Field Officers are primarily tasked with raising awareness and advocating for the bank’s financial products and services among farmers. Additional duties of IBPS AFO employees encompass:

  • Make sure that the loans are being given to the farmers
  • Review the agricultural loans
  • Examine the cases of crop failure
  • Making farmers aware of the special schemes and benefits brought by the bank
  • Increase the funds in the rural areas

IBPS AFO Career Growth

The candidates appointed for IBPS AFO get wonderful career growth. The promotional hierarchy for IBPS AFO is mentioned below.

  • Officer/Assistant Manager
  • Manager
  • Senior Manager
  • Chief Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager

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