RBI Grade B Salary | RBI grade B Job Profile

RBI Grade B Salary 2017-2018

RBI Grade B Salary: A career with RBI is taken into account to be the foremost prestigious one. RBI conducts grade B officer achievement test annually. Because of the RBI exam just near some months away, applicants ought to begin the preparation for the examination.

The one facts that attract the applicants towards Reserve Bank of India is about the pay packages. Total value of the company pay package is around thirteen lakhs in the cities such as Mumbai, Delhi etc. This would look like an impossible figure to us but this is true related to the norms of RBI. Now let us have a look to the fixed salary, basic pay, perks & know about how much of salary anyone can draw as a RBI Grade B salary officer.

The Grade B Officer in RBI Grade B is also benefited with various types of perks & allowances such as:

1 Local Allowance.
2 Family Allowance.
3 Dearness Allowance.
4 Grade Allowance.
5 Telephone Allowance
6 House Rent Allowance.
7 Household Allowance.
8 Conveyance Allowance.


RBI GRADE B SALARY
RBI Grade B salary:

Salary Allowances Amount Total Amount
Basic Pay 21000 21000/-
Dearness Allowance around 84% 17640/-
LA Allowance 1300 1300/-
Local Allowance 5% in Basic Pay 1050/-
FA Ceiling 1100 1100/-
Family Allowance 4% in Basic Pay 840/-
Special Allowance 2500 2500/-
Grade Allowance after confirmation 2250 2250/-
Reimbursement monthly
House 2000 2000/-
Education 2000 2000/-
Telephone 800 800/-
Petrol Allowance 120 Ltr 9600*/-
Annual Reimbursement
Medical 4000
Books 4500
Briefcase 7000
TOTAL 77,580/- 62,080/-

NOTE: Salary may vary upward depend on DA Rates and Increment in Basic.

The most important part of the salary is satisfaction. Being a regulator of the Indian Banks, it gives the immense pleasure of working with the nicest environment.

RBI GRADE B SALARY

RBI grade B Job Profile: Roles and Responsibilities.

Once you crack the RBI grade B test, you would like to serve for a two-year probation time that can be extendable to four years, as per your performance. Throughout this time, you’re allotted numerous responsibilities and roles. You would like to follow them and perform systematically well so as to urge promotion. A number of the roles and responsibilities of RBI grade B officers are mentioned below:

Currency Issue and Circulation:

RBI  arrange the coins and currency and therefore the RBI  Grade B Officers are accountable for its circulation to the varied nationalized banks. RBI grade B job profile needs the officer to confirm smooth functioning of the currency across the subordinate units of RBI.

Maintaining money Stability:

RBI Grade B Officers got to work towards keeping the inflation beneath check. They have to confirm adequate provider of liquidity among the productive sectors of the market. In short, RBI officers are accountable for the graceful functioning of money markets.

Management of state Accounts: 

RBI grade b officers are accountable for managing numerous Govt. and financial organization accounts. They perform all of the banking functions for the accounts on behalf of the RBI.

RBI Grade B Career Prospects:

In RBI  grade B, the career prospect is kind of intensive and offers several growth opportunities. RBI  grade B officers get the chance of operating and establishing themselves in huge metropolitan cities of the country.

The highest position that RBI offers to its grade B officers is Deputy Manager. The post of Governor is strictly meant for IAS officers. However, this could not queer you as you get various of private and academic growth opportunities.

After obtaining at home with a number of the foremost prestigious organizations of the globe like World Bank, IMF etc., you’re able to gain additional expertise and expand your economic information.

Later on at the age of 50-60, Investment Banks provide vast advantages and fat paychecks for all the retired RBI grade B officers.
Thus, we will conclude that RBI grade B job profile is one amongst the simplest banking jobs within the country. If you’re able to take the country’s economic growth on your shoulders and luxuriate in the perks in conjunction with it, then, you ought to begin making ready for the test while not additional fuss. we tend to want you All the simplest in your quest of operating with the RBI.

NOTE: For study materials of RBI Grade b just CLICK HERE:

 

RBI GRADE B SALARY

The Grade of Career in the RBI is as follows:

1 Central Boards of Directors
2 Governor
3 Deputy Governor
4 Executive Directors
5 Principle Chief General Managers
6 Chief General Managers
7 General Managers
8 Deputy General Managers
9 Asst. General Manager
10 Manager
11 Asst. Manager
12 Support Staff
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