RBI Grade B Officer Salary
Details regarding RBI Grade B Officer Salary along with the paid allowances such as DA, LA, HRA, FA & Other is available on this page. Check RBI Grade B Officer Pay Scale After 7th Commission and before 7th Commission List by scrolling down this page.
|Name of the Organization||Reserve Bank Of India (RBI)|
|Name of the Post||Grade B Officer|
|Official Notification of RBI Grade B 2019||1st Week of May 2019|
|Start Date of Online Registration and|
payment of Application Fee
|1st Week of May 2019|
|Last Date of Online Registration|
and submission of Online Fee
|4th Week of May 2019|
|Issue Date of RBI Grade B Exam|
Phase-I Admit Card 2019
|1st Week of June 2019|
|Examination Date for Phase-I Exam||2nd Week of June 2019|
|Result Date of Phase-I||3rd Week of June 2019|
|Issue Date of Admit Card for Phase-II Exam||4th Week of June 2019|
|Examination Date for Phase-II Exam||1st Week of July 2019|
|Exam Result of Phase-II||2nd Week of July 2019|
|RBI Grade B Interview Date||August – October 2019|
|Final Result Declaration||November – 2019|
RBI Grade B Officer Salary
RBI Grade B Officer Salary Before 7th Pay Commission
- RBI Grade B Officer Basic Salary: Rs.14650/-
- RBI Grade B Officer Salary in hand: After including all the perks and allowances the total sum was Rs.32528/-
RBI Grade B Officer Salary After 7th Pay Commission
- RBI Grade B Officer Basic Salary: Rs.35,150/-
- RBI Grade B Officer Salary in hand: After including all the perks and allowances the total sum was Rs.67,933/-
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RBI Grade-B Officer Pay Scale
The RBI Grade B Officer Pay is: 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400. Some of Allowances are given here:
- Interest-free festival advance
- telephone charges
- book grant
- Furnishing of Residence Allowance
- Life Insurance Coverage
- Medical Insurance
- Educational Leaves etc.
Allowances Given With RBI Grade B Officer Salary
|RBI Grade B|
|RBI Grade B Salary|
and Perks benefits
|DA of 113% of the basicsalary of each employee.|
|DA is revised to 125% after|
the 7th pay commissions.
|HRA is given to the officers who|
are living in other towns or cities
and not in their home town.
|A Grade B Officer usually gets|
2/3 BHK flat depending on
the availability in the city.
|In case One has been not allotted a|
flat, RBI provides approx Rs. 70000 for
that in Mumbai and accordingly in other cities.
|Conveyance allowance is paid on the basis|
of the declaration by you.
|At the Mumbai centre, the amount is|
additional 14000 in hand.
|Note: – 30 litres extra petrol for all those|
living in Mumbai, Delhi, Chennai or Bangalore.
|Declared Medical Bills can be reimbursed.|
|This allowance is valid for the dependable|
of the employee as well.
|The Annual reimbursements of Medical|
approx- Rs 4000.and also free dispensary
facility besides reimbursement of medical
expenses for OPD treatment/hospitalisation
as per eligibility.
|Not all, but selected officers receive|
education allowances for their kids.
|The Annual reimbursements of education|
allowances up to Rs. 4000/per month.
|One of the best RBI Grade B Officer Salary|
Perks is LFC Travel allowance.
|Once in two years for self, spouse and|
|Bank provides around Rs 107000|
per person for this.
|As per a recent 7th pay commission revision,|
RBI has declared provisions for loans in
a consolidated manner.
|Officers can get loans and advances at a|
much cheaper rate for Housing, Vehicle,
and Computers etc. and as per the bank’s policies.
|BA is drawn by Grade A and B level officers.|
|The Annual reimbursement of|
Briefcase is approx Rs- 7000/-.
|They can reimburse the price of|
the briefcase in every three years.
|Grade Allowance|| 2250 for Grade B officer starts|
after confirmation (end of probation).
|Pension||Pension is a common thing that every|
government employee draws after retirement.
|Sodexo meal||Sodexo meal is also provided by RBI to|
Grade B Officers along with RBI Grade B Salary
Check More Links related to RBI
|RBI Recruitment 2019||Get Here|
|Reserve Bank of India Admit Card 2019||Get Here|
|RBI Grade B Officer Syllabus||Get Here|
|RBI Question Papers||Get Here|
|RBI Grade B Officer Result||Get Here|
FAQ’s Related To RBI Grade B Officer Salary and Allowances
Question1: How Much Does A RBI Grade B Officer Earn?
Answer: An RBI grade B officer can easily earn anywhere between 10 to 12 Lakhs in an year. Hence, all of these factors make RBI Grade B Job Profile all the more desirable and attractive. The Pay Scale for RBI Grade B Officer has been recently revised.
Question2: Is RBI Grade B Officer Job Transferable?
Answer: RBI transfer policy for Grade B officer is that after completion of initial posting of 5 years in your first place of posting, you are transferred to Mumbai for the next 5 years. They may be posted anywhere in India wherever it has offices.
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Question3: What Is The Salary Of RBI Grade B Officer?
- The Grade B officer gets basic pay of Rs. 35,150/- per month. Salary and Benefits provided by the RBI to its Grade B officers in the starting of the career is Rs. 68000/-(approx.).
- Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 applicable to Officers in Grade B.
- They will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance, and Grade Allowance as per rules in force from time to time.
Question4: Do RBI Grade B Officers Get Pension?
Answer: All RBI Employees gets Pension who joined before 2004.Now,as all Govt organizations are under the ambit of NPS, no Pension scheme is currently there for any recently recruited RBI employee.
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