The Institute of Banking Personnel Selection (IBPS) is preparing to hire Agriculture Field Officers (AFO) for 2024. The remuneration for this post is competitive, falling within Scale 1, and is supplemented by a variety of allowances and benefits that make the whole compensation package appealing. This is a wonderful opportunity, particularly for those with agricultural experience. The page below provides a full description of the IBPS AFO Salary 2024, including base salary and other benefits. The remuneration for an IBPS Agriculture Field Officer at Scale 1 in 2024 is between Rs 20,000 and Rs 23,700. This salary is within the specified pay range for the position.
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IBPS AFO Salary 2024
The remuneration for an IBPS Agriculture Field Officer at Scale 1 in 2024 is between Rs 20,000 and Rs 23,700. This salary is within the specified pay range for the position. The chart below provides a thorough description of the wage structure and extra benefits.
| Category | Pay Scale |
| IBPS SO AFO Officer Scale I | Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 |
| IBPS SO AFO Officer Scale II | Rs. 31705-1145/1-32850-1310/10-45950 |
| IBPS SO AFO Officer Scale III | Rs. 42020-1310/5-48570-1460/2-51490 |
IBPS AFO Inhand Salary
Aspirants frequently want to know their monthly income because it affects their take-home pay. The in-hand wage consists of the base pay plus additional allowances, however it is subject to central government required deductions. To help candidates understand the wage structure, the table below shows the monthly IBPS AFO salary for 2024.
| Category | Monthly Salary |
| IBPS AFO Officer Scale I | Rs. 36,400 |
| IBPS AFO Officer Scale II | Rs. 48,800 |
| IBPS AFO Officer Scale III | Rs. 64,600 |
IBPS AFO Allowances
In addition to the wage, many bonuses and advantages are provided. Candidates can find further information and a percentage breakdown in the table below.
| Allowance Type | Percentage/Amount |
| Dearness Allowance | Rs. 8605.88 |
| House Rent Allowance | 7-9% |
| City Compensatory Allowance | 0-4% |
| Special Allowance | 7.75% |
IBPS AFO Job Responsibilities
An Agriculture Field Officer (AFO) has a wide range of tasks, particularly in rural areas. Selected candidates for this role will be primarily responsible for generating awareness and promoting the bank’s financial products and services among farmers. Additional tasks for IBPS AFO staff include the following:
- Promoting Rural investment: Encourage and facilitate additional investment for rural development.
- Loan disbursement: The process of lending money to farmers and other agricultural professionals.
- Loan Management: Ensures that loans are properly assigned and received by farmers.
- Agricultural Loan Review: A regular examination of agricultural loans to determine their status and effectiveness.
- Crop Failure Assessment: Investigating crop failure instances in order to provide relevant support and remedies.
- Educating Farmers: Informing farmers about the bank’s various programs, benefits, and financial services.
- expanding Rural Investment: Promoting and expanding financial investment in rural regions to assist agricultural growth.
IBPS AFO Job Growth
There is always room to improve any service. Internal interviews and promotional examinations can assist candidates advance in their professions, making them eligible for promotion. The IBPS AFO hierarchy contains the following:
- Scale 1: Officer / Assistant Manager.
- Scales 2 and 3: Manager and Senior Manager, respectively.
- Scale 4 Chief Manager
- Scale 5 – Assistant General Manager.
- Scale 6: Deputy General Manager
- Scale 7: General Manager.
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