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IBPS SO Law Officer Vacancy 2024: Category-Wise Vacancy List
November 9, 2024
Overview: Are you interested in the IBPS SO Law Officer Vacancy 2024? This role is crucial for providing legal advice and ensuring compliance with various banking regulations.
It's a great opportunity for law graduates who want to enter the banking sector. Our guide includes all the details you need about the available vacancies this year. Let’s get started!
Read: IBPS SO Law Officer Exam Analysis
IBPS SO Vacancy 2024
Here is the IBPS SO Vacancy 2024 information in table format:
| Posts | SC | ST | OBC | EWS | UR | Total Vacancies |
|---|---|---|---|---|---|---|
| Agriculture Field Officer (AFO) | 52 | 26 | 92 | 34 | 142 | 346 |
| HR/Personnel | 03 | 01 | 06 | 02 | 13 | 25 |
| IT Officer | 25 | 12 | 45 | 16 | 72 | 170 |
| Law Officer | 18 | 08 | 33 | 11 | 55 | 125 |
| Marketing Officer | 31 | 15 | 55 | 21 | 83 | 205 |
| Rajbhasha Adhikari | 03 | 01 | 06 | 02 | 13 | 25 |
| Total | 132 | 63 | 237 | 86 | 378 | 896 |
This table shows the category-wise and post-wise distribution of the 896 Specialist Officer vacancies announced by IBPS for 2024.
IBPS SO Law Officer Vacancy 2024: Overview
The IBPS SO Law Officer Vacancy for the year 2024 has announced a concise number of vacancies, reflecting the competitive and prestigious nature of the position:
- Total Vacancies: For the 2024 cycle, 125 vacancies have been released for the Law Officer (Scale I) position. This limited number highlights the competitive nature of the recruitment process.
- Category-Wise Distribution: The IBPS SO Law Officer bank vacancies are distributed across various categories to ensure fair representation:
| NO. | BANK | SC | ST | OBC | EWS | UR | TOTAL | HI | OC | VI | ID |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BANK OF BARODA | NR | NR | NR | NR | NR | NR | NR | NR | NR | NR |
| 2 | BANK OF INDIA | 0 | 0 | 1 | 0 | 4 | 5 | 0 | 0 | 0 | 0 |
| 3 | BANK OF MAHARASHTRA | NR | NR | NR | NR | NR | NR | NR | NR | NR | NR |
| 4 | CANARA BANK | 1 | 0 | 1 | 0 | 3 | 5 | 0 | 0 | 0 | 0 |
| 5 | CENTRAL BANK OF INDIA | NR | NR | NR | NR | NR | NR | NR | NR | NR | NR |
| 6 | INDIAN BANK | NR | NR | NR | NR | NR | NR | NR | NR | NR | NR |
| 7 | INDIAN OVERSEAS BANK | 2 | 1 | 4 | 1 | 7 | 15 | 0 | 0 | 0 | 0 |
| 8 | PUNJAB & SIND BANK | NR | NR | NR | NR | NR | NR | NR | NR | NR | NR |
| 9 | PUNJAB NATIONAL BANK | 15 | 7 | 27 | 10 | 41 | 100 | 1 | 1 | 1 | 1 |
| 10 | UCO BANK | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 11 | UNION BANK OF INDIA | NR | NR | NR | NR | NR | NR | NR | NR | NR | NR |
| TOTAL | 18 | 8 | 33 | 11 | 55 | 125 | 1 | 1 | 1 | 1 |
- SC: 18 vacancy
- ST: 8 vacancies
- OBC: 33 vacancies
- EWS: 11 vacancy
- UR (Unreserved): 55 vacancies
Although multiple public sector banks participate in the recruitment process, the Punjab National Bank has a significant share of the IBPS SO Law Officer bank vacancies for the 2024 cycle.
Detailed Guide: IBPS SO Law Officer Syllabus
Take Free IBPS SO Preparation Demo Class Here!
| IBPS SO Recruitment 2024- Overview | |
| Organisation | Institute of Banking Personnel Selection (IBPS) |
| Post | Specialist Officer (SO) |
| Exam Level | National |
| Vacancy | 896 |
| Participating Banks | 11 |
| IBPS SO Prelims Exam Date 2024 | 9th November 2024 (Saturday) |
| IBPS SO Recruitment Process | Prelims, Main Exams, Interview |
| Education Qualification | Graduates or relevant degree |
| Age Limit | 20 years to 28 years |
| Application Fee | SC/ST/PWD- Rs.175 General and Others- Rs. 850 |
| IBPS Official Website | www.ibps.in |
Eligibility Criteria for Aspirants
For the IBPS SO Law Officer vacancy 2024, the eligibility criteria are specific and must be thoroughly understood by aspirants to ensure they meet all requirements:
- Educational Qualification: Candidates aspiring for the IBPS SO Law Officer post must have a Bachelor's Degree in Law (LLB) and must be enrolled as advocates with the Bar Council. This ensures that candidates possess the necessary legal knowledge and practical legal experience to perform the role effectively.
- Age Limit: The age limit is set between 20 and 30 years, providing opportunities for young legal professionals to start a career in the banking sector. However, there are age relaxations for candidates from reserved categories, as per government norms:
- SC/ST: 5 years
- OBC (Non-creamy layer): 3 years
- Persons with Disabilities: 10 years
- Ex-Servicemen and Candidates Affected by 1984 Riots: 5 years
- Nationality: Candidates must be Indian citizens, subjects of Nepal or Bhutan, or Tibetan refugees who migrated to India before January 1, 1962, or people of Indian origin who have migrated from certain countries to settle in India permanently.
- Number of Attempts: The number of attempts is not restricted; candidates can apply for the IBPS SO Law Officer post as long as they meet the specified age criteria.
Check: IBPS SO Law Officer Exam Eligibility Criteria
Salary, Perks, and Benefits of IBPS SO Law Officer
The IBPS SO Law Officer role for the 2024 vacancies offers a competitive and attractive salary package, which is a significant draw for aspirants in the banking sector.
Basic Salary Information:
- Starting Salary: The IBPS SO Law Officer salary for 2024 begins with an initial pay of approximately Rs. 60,000 - Rs. 65,000, which includes a basic pay of around Rs. 36,000, along with other perks and allowances.
- In-Hand Salary: Post deductions such as Provident Fund, Professional Tax, and Income Tax, the in-hand salary for an IBPS SO Law Officer ranges between Rs. 58,000 and Rs. 60,000.
Annual Earnings and Increments:
- Yearly Salary Range: The salary for an IBPS SO Law Officer in 2024 is projected to be between Rs. 10 Lacs and Rs. 11 Lacs annually.
- Incremental Growth: The salary structure is designed to reward experience and tenure, with structured pay scale adjustments reflecting the officer’s growing expertise and value to the bank.
Allowances and Benefits:
- Dearness Allowance (DA): Approximately 36% of the basic pay helps adjust the salary against inflation and cost of living changes.
- House Rent Allowance (HRA): This varies by city of residence and is higher in metropolitan cities.
- Medical Allowance: Covers health-related expenses.
- Travelling Allowances: For commuting and other official travels.
- Provident Fund: Contributes to a long-term savings and retirement fund.
Detailed Guide: IBPS SO Law Officer Exam Books
Impact of the 7th Pay Commission:
- The 7th Pay Commission has led to salary revisions, including increases in basic pay and adjustments in allowances like the Dearness Allowance.
Comparative Analysis Across SO Roles:
- Salary Parity: The IBPS SO Law Officer's salary is on a scale equivalent to that of other specialist officers like IT Officers and Marketing Officers, ensuring equal valuation for specialized roles.
- Role-Specific Incentives: While the basic pay is the same, role-specific incentives or allowances vary the overall compensation package.
Regional Variations:
- Cost of Living Adjustments: HRA varies depending on whether the officer is in a metro or non-metro city.
- Rural Posting Benefits: Sometimes include additional benefits like hardship allowances.
Interesting Read: IBPS SO Law Officer Salary
IBPS SO 2024 - Key Dates
IBPS has announced the online registration dates and the IBPS SO Notification 2024 release. The IBPS SO 2024 Preliminary Exam is set for 9th November 2024, with the Mains Exam scheduled for 14th December 2024. Here’s an overview of the important IBPS SO Exam 2024 dates.
| IBPS SO 2024- Important Dates | |
| Activity | IBPS SO 2024 Dates |
| IBPS SO Notification 2024 | 01st August 2024 |
| Online Registration Starts | 1st August 2024 |
| Last Date to Apply Online for IBPS SO | 28th August 2024 |
| IBPS SO Admit Card 2024 | 31st October 2024 |
| IBPS SO Preliminary Exam Date 2024 | 9th November 2024 |
| IBPS SO Mains Exam Date 2024 | 14th December 2024 |
Key Takeaways
- Eligibility is Key: A Law Degree and Bar Council enrollment is mandatory. The age limit is 20-30 years, with relaxations for certain categories.
- Limited Vacancies: A total of 125 positions are available, indicating good competition. Apply early and prepare thoroughly for the IBPS SO Law Officer vacancy in 2024.
- Attractive Salary: The starting salary is around Rs. 60,000 - Rs. 65,000, with additional benefits like DA, HRA, and medical allowances.
- No Attempt Limits: Apply within the age criteria as often as you like.
- Diverse Opportunities: The role offers varied experiences in the legal aspects of banking, making it a rewarding career choice.
- Prepare Well: The competitive nature of the IBPS SO Law Officer vacancy 2024 necessitates focused and comprehensive preparation.
Frequently Asked Questions
What is the IBPS SO Law Officer post?
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How many IBPS SO law officer bank vacancies are there in 2024?
What is the age limit for the Law Officer position?
What is the selection process for the recruitment?
What is the structure of the IBPS SO Law Officer exam?