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RBI Grade B Officer Salary 2024 - Salary Structure, Job Profile, in Hand Salary, Allowances, Perks
Edited By Meghana Mohana Krishnan | Updated on Jul 22, 2024 12:01 PM IST | #RBI Grade B Officer
Reserve Bank of India (RBI) officers receive one of the best compensations in terms of RBI Officer Grade B 2024 salary. Aspirants preparing for this recruitment test might be interested in knowing the salary of RBI Officer Grade B 2024. Along with the basic pay, an individual working as Grade B Officer receives numerous benefits in the form of allowances and compensations. The life of an RBI Grade B Officer is very much financially secure with RBI Grade B salary 2024 and the allowances associated with the post.
RBI Grade B Officer exam is conducted for vacancies in three different departments, General, Department of Economic and Policy Research and Department of Statistics and Information Management. Candidates meeting the eligibility criteria can fill the RBI Grade B application form 2024 online within the stipulated date.
RBI Grade B Officer Salary 2024 - Highlights
RBI Grade B Salary Particulars | RBI Grade B 2024 Salary Specifications |
Basic Pay as per RBI Grade B Officer 2024 salary | Rs. 55,200 p.m |
RBI Grade B 2024 Pay Scale | Rs 55,200- Rs 2,850(9)- Rs 80,850-EB- Rs 2,850 (2) - Rs 86,550- Rs 3,300(4)- Rs 99,750 |
Initial Monthly RBI Grade B Officer Gross Emolument | Rs. 1,16,914 (approximately) |
Dearness Allowance | As per Rules |
Local Allowance | As per Rules |
House Rent Allowance | As per Rules |
Family Allowance | As per Rules |
Grade Allowance | As per Rules |
RBI Grade B Officer 2024 Salary Other Benefits
1. Housing – RBI Grade B Officer salary also includes house rent allowance.
2. Reimbursements – Reimbursements of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence are included in RBI Grade B Officer 2024 salary.
3. Leave policy – RBI Grade B Officers receive numerous leaves per year. 6-month maternity leave is also permitted to a woman. Women and single men with children or aged parents have the provision to take sabbatical leave of up to 2 years.
4. Leave travel concession (LTC) – LTC is another benefit apart from the RBI Grade B Officer 2024 salary that an officer can avail in a block of either 2 or 4 years.
5. Constant training and professional development – The post of RBI Grade B Officers are indeed intellectually demanding one. The department where the officers are posted trains all their Officers on a regular basis and ensures that they remain updated with the nuances of the system.
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Subscribe NowRBI Grade B Officer Career Path 2024
Apart from the RBI Grade B salary, candidates must also know about the career path of Grade B officers. Two years of intensive training is provided to the newly joined RBI Grade B Officers. Annual appraisal in RBI is fair and transparent. A dedicated Officer of RBI Grade B has immense growth opportunities. An officer recruited in RBI Grade B is able to reach top management grade through departmental exams and promotions.
Read More:
RBI Grade B Officer 2024 promotion ladder
1. Assistant Manager
2. Manager
3. Assistant General Manager
4. Deputy General Manager
5. General Manager
6. Chief General Manager
7. Executive Director
8. Deputy Governor
However, it requires mention that the life of Officers is not only financially secure with the salary of RBI Grade B Officer 2024 but also comes with varied perquisites:
Sense of Responsibility to the country
Social Status
Mental Stability
Job Security
Frequently Asked Question (FAQs)
1. What is the minimum education qualification required to be eligible for RBI Grade B Officer?
A graduate from a recognised university in the age group of 21-30 years will be able to apply for the vacant posts as per the eligibility criteria of RBI Grade B Officer 2024.
2. Will I get any RBI Grade B Officer salary during my probation?
Yes. Employees will be entitled to RBI Grade B salary 2024 on probation period of two years.
3. Are officers recruited in RBI Grade B entitled to pension?
Definitely. A Grade B officer appointed by RBI is entitled to pensions and other benefits after retirement as per instructions of the bank.
4. What is the salary of RBI Grade B officer per month?
The basic pay 2024 of an RBI Grade B Officer is Rs. 55,200 per month in the starting. While the Gross monthly salary is approx. Rs. 1,16,914.
5. What is the highest salary in RBI?
The highest 2024 salary in the RBI is of a Deputy General Manager with a alary of Rs 61 Lakh per year.
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5 min ⋆ Jul 05, 2024 12:07 PM ISTQuestions related to RBI Grade B Officer
Have a question related to RBI Grade B Officer ?
Hello aspirant,
There will be two phases to RBI Grade B 2024 phase I. There will be two written rounds, Phase I and Phase II, and then an interview round. Applicants will be able to be hired if they clear all three stages and meet the RBI Grade B Cut off 2024 requirements.
No notification has been released by RBI till today.
To get the most latest information, you can visit our website by clicking on the link given below.
https://competition.careers360.com/articles/rbi-grade-b-2024
Thank you
Hope this information helps you.
Sajal Trivedi 09 May,2024
Hey
Yes you are eligible.
The eligibility criteria, educational qualifications is that candidate should have passed graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants).
Hope this helps.
aswathypadinjakkara 01 October,2021
Hello,
The eligibility for RBI Grade B Officer General is simply passed graduation in any discipline from a recognized University securing 60% aggregate, there is relaxation of 5% for reserved categories, or passed postgraduation from a recognized University securing 55% aggregate,
in case of RBI Grade B Offficer DEPR the eligibility criteria is passed Master's Degree in Economics / Integrated Economics/Econometrics / Quantitative Economics / Mathematical Economics / Course/ Finance securing 55% aggregate or passed PGDM/ MBA Finance with at least 55% aggregate,
for RBI Grade B Offficer DSIM , the eligibility criteria is Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay securing 55% aggregate, there is relaxation of 5% for reserved categories, or passed Master's Degree in Mathematics securing 55% aggregate, there is relaxation of 5% for reserved categories, and passed one year post graduate diploma in statistics or related subjects , or passed M. Stat from Indian Statistical Institute securing 55% aggregate, or passed Post Graduate Diploma in Business Analytics (PGDBA) from ISI Kolkata/IIT Kharagpur/IIM Calcutta with securing 55% aggregate.
The eligibility for RBI Grade B Officer General is simply passed graduation in any discipline from a recognized University securing 60% aggregate, there is relaxation of 5% for reserved categories, or passed postgraduation from a recognized University securing 55% aggregate,
in case of RBI Grade B Offficer DEPR the eligibility criteria is passed Master's Degree in Economics / Integrated Economics/Econometrics / Quantitative Economics / Mathematical Economics / Course/ Finance securing 55% aggregate or passed PGDM/ MBA Finance with at least 55% aggregate,
for RBI Grade B Offficer DSIM , the eligibility criteria is Master's Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur or Applied Statistics & Informatics from IIT-Bombay securing 55% aggregate, there is relaxation of 5% for reserved categories, or passed Master's Degree in Mathematics securing 55% aggregate, there is relaxation of 5% for reserved categories, and passed one year post graduate diploma in statistics or related subjects , or passed M. Stat from Indian Statistical Institute securing 55% aggregate, or passed Post Graduate Diploma in Business Analytics (PGDBA) from ISI Kolkata/IIT Kharagpur/IIM Calcutta with securing 55% aggregate.
pdwords 24 September,2021
Hi,
The Rbi grade b officer duty is that
Handing the currency issues and its circulation ,
ensuring the nation's financial stability
handling government and central bank account
To become ana rbi grade b officer there will be aexam conducted which is a country wide examination in three phases
Preliminary
Mains
Interview
Who gives the best output they will get selected
But first of all you have to know about the exam syllabus
For that check the given link below
https://competition.careers360.com/articles/rbi-officer-grade-b-syllabus-exam-pattern
All the best!
Karrisaro 26 July,2021
Hey Subhi!
As a college student,you need to manage both your college studies as well as your RBI Grade-B preparation.
1.First,you need to read the syllabus thoroughly.
This link has RBI Grade - B syllabus and exam pattern.
https://competition.careers360.com/articles/rbi-officer-grade-b-syllabus-exam-pattern/amp#aoh=16255572817300&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
2.After that make a list of best books for your preparation.
Always make the book list by keeping the syllabus in your mind.
This link has list of books for your preparation.
https://competition.careers360.com/articles/best-books-to-prepare-for-rbi-officer-grade-b/amp#aoh=16255574210320&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
3.Make a routine for your college studies and for RBI grade B exam preparation.Follow it religiously.
4.You can also watch some videos to get to know the RBI grade - B stategy,what to read and what not to read,how to manage time ,how to keep yourself motivated throughout the preperation etc. on any platform.
5.Watch interviews of toppers to improve your communication skills and vocabulary.
Know more about the RBI grade - B exam here -
https://competition.careers360.com/exams/rbi-grade-b-officer/amp#aoh=16255578276360&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
I hope this answer helps you.
Feel free to ask if you have any more queries.
All the best for your preparation!
As a college student,you need to manage both your college studies as well as your RBI Grade-B preparation.
1.First,you need to read the syllabus thoroughly.
This link has RBI Grade - B syllabus and exam pattern.
https://competition.careers360.com/articles/rbi-officer-grade-b-syllabus-exam-pattern/amp#aoh=16255572817300&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
2.After that make a list of best books for your preparation.
Always make the book list by keeping the syllabus in your mind.
This link has list of books for your preparation.
https://competition.careers360.com/articles/best-books-to-prepare-for-rbi-officer-grade-b/amp#aoh=16255574210320&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
3.Make a routine for your college studies and for RBI grade B exam preparation.Follow it religiously.
4.You can also watch some videos to get to know the RBI grade - B stategy,what to read and what not to read,how to manage time ,how to keep yourself motivated throughout the preperation etc. on any platform.
5.Watch interviews of toppers to improve your communication skills and vocabulary.
Know more about the RBI grade - B exam here -
https://competition.careers360.com/exams/rbi-grade-b-officer/amp#aoh=16255578276360&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
I hope this answer helps you.
Feel free to ask if you have any more queries.
All the best for your preparation!
Aditi Yadav 06 July,2021
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