RBI Grade B Officer Salary: All You Need To Know

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.

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