RBI grade B Salary, Job Profile and Career growth 2022
RBI Grade B officer is one of the most respected job for those who want to work in the banking sector in India. RBI Grade B salary is a competitive wage that comes with a bundle of benefits from the Reserve Bank of India. The RBI Grade B salary comes with various perks and allowances.
RBI Grade B salary is unquestionably higher than that of any other PSU Banks. The allowances in the RBI Grade B pay are excellent (leased accommodation, furniture allowance, medical bills, petrol, mobile bills, entertainment allowance and the list go on and on).
RBI grade B Salary, Job Profile and Career growth is an essential element to be known to all candidates. Every candidate should be aware of the data regarding RBI Grade B pay, RBI Grade B job profile, and RBI Grade B career growth, as this would increase their interest and aid in their exam preparation.
Read this article to know the details of RBI Grade B Salary , Job Profile and Career growth 2022.
RBI Grade B Salary
An RBI Grade B Officer earns one of the highest salaries of any government or banking employment.
Pay and Allowances |
RS. |
Deductions |
Rs. |
Basic Pay |
35150.00 |
EE NPS Contrib Amount |
6509.00 |
Grade Allowance |
6800.00 |
Prof Tax-split period |
200.00 |
Dearness Allow. |
23144.00 |
BF EE NPS Monthly Contrib |
13018.00 |
House Allowance |
5273.00 |
House Rent Recovery |
620.00 |
COPS Incentive |
2720.00 |
Meal Coupon Deduction |
400.00 |
Spl Perquisite Allowance |
1465.00 |
MAF |
300.00 |
Spl Allow-Direct Recruit |
1800.00 |
RBI Officers Association |
40.00 |
Local Compensatory Allows |
3664.00 |
Sports Club Membership |
30.00 |
Meal allowance |
160.00 |
Income Tax |
5319.00 |
Gross Pay |
80,176.00 |
Total Deductions |
26,436.00 |
RBI Grade B : Benefits and Allowances
There are so many benefits and allowances that RBI Grade B officers enjoy apart from the salary. Some of them are as follows:
- Well Furnished Bank Accommodation
- Dearness Allowance
- Medical Allowance
- Fuel Allowance
- Leave Fare Concession
- Family Allowance
- House Rent Allowance
- Tour Allowance
- Grade Allowance
- Local Allowance
Work Profile of RBI Grade B Officer
The job profile of the RBI Grade B officer is really interesting for banking enthusiasts. The job profile of the RBI Grade B officer varies according to the location of their job posting. Various departments in which the Grade-B officer are posted include Financial Markets, Banking Supervision, Banking Regulation, Currency Issuing, Public Debt Office, Foreign Exchange, HRD. During the tenure of their job, they can be posted in any of these departments at any of the locations across India.
Know the RBI Grade B Promotion Hierarchy-
1.Assistant Manager
2.Manager
3.Assistant General Manager
4.Deputy General Manager
5.General Manager
6.Chief General Manager
7.Principal Chief General Manager
8.Executive Director
9.Deputy Governor
10.Governor
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RBI grade B Salary FAQ
Q. Where can I get information about the RBI Grade B Salary?
Ans. RBI Grade B Salary information is available in the above article.
Q. What is the basic pay for RBI Grade B?
Ans. The basic pay of an RBI Grade B Officer is Rs 35,150/-.
Q. What are the allowances in RBI Grade B Salary?
Ans. Along with the salary, an RBI Grade B Officer gets Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, Grade Allowance, Medical Allowance, etc.
Q. What is the pay scale of an RBI Grade B Officer?
Ans. The Pay scale of an RBI Grade B Officer is 35150 – 1750(9)– 50900-EB-1750(2)-54400-2000(4)-624000.
Q. How much period of probation does RBI Grade B have to serve?
Ans. RBI Grade B will have to serve a probation period of 2 years.