Indian Bank SO Salary 2022: Check Specialist Officer Pay Scale and Job Profile

Indian Bank SO Salary 2022: The candidates who are desiring for the post of Specialist Officer under Scales 1, 2, 3, and 4 in Indian Bank all over the country can check up with the details regarding the Indian Bank SO Salary 2022. The candidates can go through this article to know the monthly Indian Bank SO Salary 2022 along with the pay scale and other details. Indian Bank of India recruits eligible candidates every year for the post of Specialist officer and this year to fill the vacancy of 312 posts. Indian Bank is one of the predominant banking sectors in India and thousands of candidates apply for this recruitment as it provides a pretty good salary structure with lots of benefits. The perks and benefits along with the Indian Bank SO Salary 2022 are explained for a better understanding of the candidates who are willing to take the job. The candidates should know all the details about the Indian Bank SO Salary 2022 before applying for the job. The candidates can also check the promotion and career growth for this job that is available in this article. Here we provide a clear view of the pay scale, allowances, job profile, and promotions along with Indian Bank SO salary.

 Check Indian Bank SO Recruitment 2022

Indian Bank SO Salary 2022: Exam Overview

Indian Bank of India conducts the Indian Bank SO Exam for the recruitment of eligible candidates for the post of Specialist Officers under scales 1,2,3 and 4 all over the country to fill 312 vacant posts. Go through the overview of the Indian Bank Recruitment 2022 overview that is bridged below;

Indian Bank SO Exam Overview

Name of the Recruitment 

Indian Bank SO Recruitment

Exam conducting Organization

Indian Bank

Name of the Exam 

Indian Bank SO Exam


Specialist Officer under Scale 1,2,3 and 4


312 Posts

Job Location

Across  India

Mode of Application 


Application Fee


Application Process


Selection Process

  • Online Test
  •  Personal Interview

Mode of exam 


Official Website

Indian Bank SO Salary 2022:

Candidates who are willing to apply for the SO recruitment by the Indian bank and get selected for the posts of Specialist Officers (SO) under scales 1,2,3 and 4 will receive a pretty good salary along with various perks and benefits. Candidates who are interested in applying for posts of Specialist Officers (SO) can read further to know the Indian Bank SO Salary 2022 Structure. The salary of the specialist officer under various scales ranges from Rs 36000 up to Rs 76,010.

Indian Bank SO Salary 2022: Pay Scale

The candidates who are seeking for a job under Indian Bank for the post of Specialist Officers on a scale of 1 to 4  can read further to know the Indian  Bank SO salary 2022 pay scale;

Specialist Officers (Scales)

Indian Bank SO Salary 2022- Pay Scale

Scale 1

36000 1490/7 46430 1740/2 49910 1990/7  63840 

Scale 2

48170 1740/1 49910 1990/10  69810 

Scale 3

63840 1990/5  73790 2220/2  78230 

Scale 4

76010 2220/4 84890 2500/2 89890 

Indian Bank SO Salary 2022: Perks and Benefits

Indian bank provides various perks and benefits for the employees who are selected for the post of Specialist Officers on a scale of 1 to 4. The below listed perks and benefits will be enjoyed by the employees after the probation period of 1 to 2 years.

  • Dearness Allowances (DA)
  • City Compensatory Allowances (CCA)
  • House Rent Allowances (HRA) / Leased Accommodation
  • Leave Fare Concession
  • Medical Aid
  • Hospitalization  Benefits
  • Retirement Benefits 
  • and other perquisites will be admissible as per the rules of the Bank.

Probation Period:

The candidates who are selected for the posts of Specialist officers (SO) under the Indian Bank undergo a training period called the Probation Period after which the candidates are made permanent. Candidates will also receive a monthly stipend while undergoing training. If the performance of the candidate is not found suitable during the extended period of probation also, his services will be liable for termination. The probation period of the selected candidates under various scales are listed below;

Specialist Officers (Scales)

Probation Period

Scale 1

2 years

Scale 2

1 year

Scale 3

1 year

Scale 4

1 year

Indian Bank SO Indemnity Bond:

Candidates are advised to carefully note that they will be required to execute an Indemnity Bond for the prescribed amount with two sureties for serving the Bank for a specified period as mentioned herein below. In case the candidate resigns or leaves or abandons the service before the completion of the specified period, he/ she will indemnify the Bank for the amount of Bond for all costs, charges, and expenses incurred by the Bank

Bond Amount – Rs. 2.00 lakhs

Bond Period – 02 years

Indian Bank SO Salary 2022: Job Profile

The candidates who are selected for the post of specialist officers can check up on the roles and duties that are provided below;

  • Oversee the technological perspectives of Banking operations
  • Promote Banking Services and Products among users
  • They move around improving market presence and profits of the bank through appropriate marketing campaigns and promotions activities
  • handle the training and induction of new employees
  • To work on the different bank policies, in consultation with senior managers
  • suggest bank for profitable operations based on RBI Policy of the government

Indian Bank SO Salary 2022: FAQs

Q: Where can I find a detailed job profile for Indian Bank Specialist Officers (SO)?

A: You can find detailed information about job profiles of Indian Bank Specialist officers (SO) in this article.

Q: What is the Indian Bank SO salary 2022 for Specialist Officers?

A: The salary of the special officer in Indian Bank Ranges from Rs 36000 up to Rs 76,010.


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