RBI Grade B Officer Salary
Reserve Bank Of India is grasping the whole attention of the RBI aspirants because of job stability, handsome RBI Grade B Officer Salary Structure 2023 after 7th CPC, along with additional perks and benefits.
Reserve Bank Of India conducts RBI Grade B Officer Exam every year for recruitment of enthusiastic aspirants for various posts in different department. To collect information about RBI Grade B Officer Salary you should scroll down this page.
RBI Grade B Officer Salary Structure:
Reserve Bank Of India has revised RBI Grade B Pay Scale. Also there is hike in Salary at an interval of every six month. Candidates can check the RBI Grade B Officer Pay Scale after 7th Pay Commission with the help of this page.
The expert team of www.recruitmentinboxx.com has well-furnished all relevant details concerning RBI Grade B Officer Salary here. To grab the complete details about RBI Grade B Officer Salary Structure 2023, candidates need to glance on beneath segment of this web page.
RBI Grade B Officer Salary
| RBI Grade B Particular | Amount |
| Basic Pay | Rs. 55,200 |
| Grade Allowances | Rs. 6,800 |
| Dearness Allowances | Rs. 23,144 |
| Housing Allowance | Rs. 5273 |
| CVPS Incentives | Rs. 827 |
| Special Prerequisite Allowances | Rs. 1465 |
| Special Allowances- Direct Recruit | Rs. 1800 |
| Local Compensatory Allowances | Rs. 3664 |
| Meal Allowance | Rs. 160 |
| Gross Pay | Rs. 1,08,404 |
RBI Grade B Salary- Deductions
| Deductions | Amount |
| EE NPS Contrib Amount | Rs. 6509 |
| Prof Tax-split period | Rs. 200 |
| BF EE NPS Monthly Contrib | Rs. 13,018 |
| House Rent Recovery | Rs. 620 |
| Meal Coupon Deduction | Rs. 400 |
| MAF | Rs. 300 |
| RBI Officers Association | Rs. 40 |
| Sports Club Membership | Rs. 30 |
| Income Fax | Rs. 5319 |
| Total Deductions | Rs. 26,436 |
RBI Grade B Officer Salary after 7th CPC:
For the easiness of candidates we have furnished RBI Grade B Officer Pay Scale after 7th CPC and before 7th CPC. You are advised to go through the RBI Grade B Officer Salary structure carefully!!!!
| Name Of The Post | After 7th Pay | |
| RBI Grade B Officer | Basic Salary | Rs.35,150/- |
| Salary in hand | After including all the perks and allowances the total sum is: Rs.67,933/- | |
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RBI Grade B Officer Salary Before 7th CPC:
| Name Of The Post | Before 7th Pay | |
| RBI Grade B Officer | Basic Salary | Rs.14650/- |
| Salary in hand | After including all the perks and allowances the total sum was Rs.32528/- | |
RBI Grade B Officer Perks and Allowances:
Along with the good and impressive amount of Grade B Officer Salary, Reserve Bank Of India good perks, benefits and other allowances to its employees. We have provided complete details of other benefits offered by the organization along with the Salary.
| RBI Grade B Officer perks |
| RBI Grade B Salary and Perks benefits |
| Dearness allowances (DA) |
| DA of 113% of the basic salary of each employee.DA is revised to 125% after the 7th pay commissions. |
| House Rent Allowances (HRA) |
| 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 (CA) |
| 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 liters extra petrol for all those living in Mumbai, Delhi, Chennai or Bangalore. |
| Medical allowances (MA) |
| 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. |
| Education allowances |
| Not all, but selected officers receive education allowances for their kids.The Annual reimbursements of education allowances up to Rs. 4000/per month. |
| Leave Fare Concession Travel (LFC) |
| One of the best RBI Grade B Officer Salary Perks is LFC Travel allowance.Once in two years for self, spouse and eligible dependents.Bank provides around Rs 107000 per person for this. |
| Bank Loan Facility |
| 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 forHousing, Vehicle, and Computers etc. and as per the bank’s policies. |
| Briefcase Allowances |
| 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/ Special 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 Out Revised Pay Scale For PO/Clerk/SO: Bank Salary Structure
RBI Grade B Promotions:
The promotion of RBI Grade B officers is listed below:
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Principal Chief General Manager
- Executive Director
- Deputy Governor
- Governor
RBI Salary Slip
Frequently Asked Questions (FAQ) on RBI
Ques 1: What is the basic pay of RBI Grade B Officer?
Ans: The basic pay of RBI Grade B Officer is Rs. 35,150/-.
Ques 2: What is the RBI Grade B Officer salary in hand?
Ans: RBI Grade B Salary in hand will be around Rs. Rs. 77, 208/-.
Ques 3: What is the CTC of RBI Grade B Officer?
Ans: The employees of RBI Grade B officer get CTC up to Rs. 12-14 lakhs per annum.
Ques 4: Which is the highest post in RBI?
Ans: Deputy Governor
Ques 5: Which is the highest paid post in RBI?
Ans: General Manager gets Rs. 31.9 Lakhs per year.
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Final Words:
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