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RBI Officer Grade B Salary 2018 [Allowances, Career Growth & Promotions Details]

RBI Officer Grade B Salary Structure 2018 – Having a big dilemma in Reserve Bank of India officer Grade B Salary Structure?, then please go through this article we have covered each and every details like basic pay, local and family allowances, Grade and special allowances, Dearness Allowances, HRA, monthly reimbursement, Telephone Allowance, . Conveyance expenses Allowance, official car and house a/c and annual reimbursement etc.
RBI officer Grade B Salary Structure

RBI officer Grade B Salary Structure 2018

Reserver bank of India, commonly known as RBI, is considered most premier bank of India. It offers various and high economical career options, both in terms of salary benefits and quality of life.

if you compare to other government jobs, including the Civil Services, employment at the RBI is highly predictable and generally brighter with less bureaucracy and corruption.

Working of RBI bank is five day week at postings in metros or state capitals. RBI work environments are easily adjustable and the pay packages are the best in the industry pay packages. Let us talk about details.

Get some information on RBI officer grade B selection process –> RBI Officer Grade B Selection Process

Basic pay of RBI Officer grade B

As per the Reserve Bank of India Grade B salary, the pay scale has been recently revised as 35150-17 50(9)-50900-EB-17 50(2)- 54400-2000(4)-62400 (16 years).

CTC- 12-14 Lakh

At present, Payout for grade B officer is approx Rs. 67,964/- pm.

  • Basic Pay – Rs. 35,150/- pm
  • Gross Total ~ Rs. 67,000/- pm

The Basic pay is Rs. 35150. As of March 2017, the first monthly gross emoluments will be close to amount of Rs. 67000.

After all the deduction, a officer receives an amount of Rs. 61000 as in-hand salary of the RBI grade B officer.

A candidate who has cleared JAIIB and CAIIB can be entitled to 2 additional increments.

 

Allowances in RBI Grade B officer 2018

This is one of the best features that RBI gives to its employee apart from RBI officer Grade B Salary. There are numerous allowances like Dearness Allowance, House Rent Allowance, Family allowance, Grade Allowance, Telephone Allowance, Household Allowance, Conveyance Allowance and Local allowance etc.

They are treated like a guest in a family by providing them many valuable benefits. Lets look at them one by one.

Conveyance Allowance

It is paid on the basis of declaration and you need not necessarily have a vehicle. The amount is additional 14000 in hand. It Can be claimed as per RBI rule.

LFC Travel

LFC Travel is one of the best allowances given by RBI. The RBI officer can go for a tour with his/ her entire family at the bank’s cost every  2 years. RBI pays almost 107000 per head for the tour.

Meal Coupons

RBI also offers Sodexo meal coupons for their employees, though in electronic form.

Loans

RBI also offers a exciting concession of Loans for their employees. Then can claim it as a car, bike ,house rent, personal loans. It can be claimed on the basis of RBI rule and if your once recruited then you can enjoy all this benefits.

Growth & Promotions in RBI Officer Grade B

Growing at work place is indeed a demand along with Salary. Hence, we look for all the possible opportunities we will have after our placement of job in particular department. Lets look at below chart showing growth hierarchy.

If you are joining RBI at young age and performing candidates then you are most like reach the top position after several promotional rounds. below chart shows, a person joining as assistant and finally reaching upto governor position.

Past data shows that Out of the 4 Deputy Governors, 2 are selected from within the RBI ranks and these are those who joined as Grade B Officer level.

RBI Grade B Officer Office Hours

  • Probation Period: 2 years, including 15 weeks training at Reserve Bank Staff College
  • RBI Grade B Officer working days: 5 days in a week
  • Timing: 9 to 5 job 

This is all folks and if have any confusion on RBI officer Grade B Salary 2018 , Career Growth and promotion then please comment us.

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