IBPS SO Exam is a perfect opportunity for the candidates who want to work as a Law Officer in a Bank. IBPS conducts the SO Exam for the recruitment of Specialists Officers.
Below in this article, we have provided the complete details regarding IBPS Law Officer. Check the Roles & Responsibilities, Salary, Career Growth, Eligibility Criteria and much more for IBPS Law Officer 2022.
IBPS Law Officer- Roles & Responsibilities!
A Law Officer plays an important part in a bank. They provide legal advice as well as deals with various legal issues associated with the bank. Candidates who want to become an IBPS Law Officer must understand this job profile, their roles and responsibilities. Let’s checkout what do an IBPS Law Officer actually do:
A Law Officer takes care that the bank follows all the rules and regulations set by the RBI.
An IBPS Law Officer in banks prepares legal documents for various processes of the bank.
An IBPS Law Officer guides the bank to act in accordance to various laws like RBI Notifications, Banking Regulation Act, Foreign Exchange Management Act, Contract Laws, Companies Act, 1956 etc.
A Law Officer in banks prepares initial drafts of legislation administered/to be administered by the bank.
IBPS Law Officer Salary & Career Growth!
The salary of an IBPS Law Officer varies with different banks and depends on the scale in which they are recruited. The IBPS Law Officer Salary includes all the perks and their basic pay.
Firstly the candidates are recruited in Scale-I and based on their experience and expertise they get promoted to Scale-II. No candidate is directly recruited in Scale-II through IBPS SO Exam. But there are many alternative ways through which you can be recruited directly in Scale-II.
The salary details for both the Scales of IBPS Law Officer in banks is provided below:
Scale I (Junior Management): INR 24,000-32,000.
Scale II (Middle Management): INR 34,000-40,000.
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IBPS Law Officer- Eligibility Criteria!
Candidates who want to become an IBPS SO Law Officer must have a Bachelor Degree in Law (LLB) and must be enrolled as an advocate with Bar Council of India. Some banks also ask for the experience.
IBPS Law Officer Syllabus & Exam Pattern!
The IBPS SO Law Officer Exam conducted in three phases: Prelims Exam, Main Exam, and Interview. Prelims Exam consists of three sections: Reasoning, English Language and General Awareness. The main Exam includes Professional Knowledge test.
In the interview process, the candidates are tested for the knowledge of the post he/she has applied for.
Here is the Prelims and Main Exam pattern of IBPS Law Officer.
Prelims Exam:
| No. | Paper name | No. of Questions | Maximum Marks | Total Time |
| 1 | Reasoning Paper | 50 | 50 | 40 Minutes |
| 2 | English Language Paper | 50 | 25 | 40 Minutes |
| 3 | General Awareness with Special Reference to Banking Industry Paper | 50 | 50 | 40 Minutes |
Main Exam:
| No. | Paper name | No. of Questions | Maximum Marks | Total Time |
| 1 | Professional Knowledge | 60 | 60 | 45 Minutes |
Check complete & detailed syllabus & exam pattern for IBPS Law Officer Exam here:
After being aware of the complete syllabus and exam pattern you should now follow these preparation tips & strategies to crack the IBPS Law Officer Exam.
IBPS Law Officer Preparation Tips & Strategies!
IBPS SO Law Officer is one of the toughest exams to crack. So, you should be well prepared for it. You must follow the below-mentioned strategies to score well in the exam:
You must have quality IBPS Law Officer Books for preparation. Before buying the study material check their reviews by experts and students.
You should solve IBPS SO Previous Year Question Papers as this is the best way you can prepare for any exam.
You must have good knowledge in banking and laws. You should study the important topics well as they carry more weightage. These topics include: Banking Regulations, Compliance, and Legal Aspects, Limitation Act, Consumer Protection Act, DRT Act, Foreign Exchange, etc.
There are more than 340 bare acts and 5 major banking laws. So, you must know them well. You should read important provisions from the bare act.
For Law Officer preparation you must refer McMillan Publication’s book - Legal and Regulatory Aspects of Banking.
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So, this is the complete guide for IBPS Law Officer 2022 that will help you know the Law Officer well. Becoming a Law Officer is itself a great achievement as this post is one of the most reputed post in the bank.
You should follow the preparation tips & strategies that will surely help you crack the IBPS Law Officer Exam.
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