Home > Articles > RBI Grade B Officer Salary: All You Need To Know

RBI Grade B Officer Salary: All You Need To Know

Salary Of RBI Grade B Officer 2018

One aspect that attracts millions of candidates towards Salary Of RBI Grade B Officer 2018. Total CTC package accounts to be around above 10 lakhs in metro cities like Mumbai, Delhi etc. This may look like a mind-blowing figure to you but it is absolutely true according to the norms of Reserve Bank of India. Now, let us break down the salary, perks & allowance and career growth. And understand how much salary you can draw as an RBI Grade B officer.

Salary Of RBI Grade B Officer 2018

After the selection of the candidate for the post of RBI Grade-B Officer, he/she will need to undergo training for 2 years under the probationary period.

  • Salary Of RBI Grade B Officer 2018 is 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400
  • The in-hand salary at present is Rs.35,150 per month
  • Gross total amount: Rs. 75,831 per month

Perks and Allowances

The perks of Grade B Officer post are numerous.

  • Selected candidates are eligible for House Rent Allowances, Dearness Allowance, Family Allowance, and Medical Allowance worth Rs.4500, Festival Allowances (interest-free), Monthly Maid Allowances etc.
  • Accommodation (2BHK) provided by RBI to the employees
  • Reimbursement of vehicle expenses (used for the official purpose)
  • Reimbursement of medical expenses for hospitalization and OPD treatment
  • Leave Travel Concessions (LTCs) for the family of the employee once every two years
  • The working hours are fixed and comfortable: 9 am to 5 pm, 5 days a week

Promotions/Career growth

There is massive scope for career growth in this sector.

  • Based on performance, candidates can get promoted to the post of Deputy Governor (the 2nd most prestigious position in the organization next to the Governor) by the retirement age
  • RBI administers Departmental exams to speed up the procedure of promotion

If you are applying for RBI Grade B Officer post, you will need to prepare for the same in a thorough manner. Find out about the age limit and educational qualification before applying for the post.

  • Age limit- The applicant must be of age 21-30 years (General). For candidates pursuing Ph.D. and M.Phil, the upper age limit is 34 years and 32 years respectively. Age relaxation of 3 years, 5 years and 10 years are given to OBC candidates, SC/ST candidates and PWD candidates respectively.
  • Educational qualifications- The candidate must be a Graduate with minimum 60% marks (50% for SC/ST/PWD) from a recognized university. The candidate must have scored at least 60% marks in 12th and 10th standard (50% for SC/ST/PWD).

You can prepare yourself for the upcoming RBI Grade-B 2018 exams by appearing for online test series.

Interact with your fellow aspirants about RBI Grade B Interview Questions and RBI Grade B Study Notes in our discussion forum

Alternatively, you can also download the Oliveboard Mobile App and GK App for free study material and other latest updates.

You may also like
ibps rrb officer scale 1 salary
IBPS RRB Officer Scale 1 Salary and Allowances | IBPS RRB PO 2019
Banks, Headquarters Taglines, and Head Persons
List of Banks: Headquarters, Taglines & Head Persons [Free eBook]
public sector banks
List of Public Sector Banks in India 2019
Banking Awareness Notes
Banking Awareness Notes – List of Banks Mergers in India