RBI Grade B Salary 2022: Grade B Officer is one of the highly respectable positions in Reserve Bank Of India and is the highest salaried grade in this organization. The salary of this position includes various perks such as a functional allowance, medical allowance, and various other benefits. RBI Grade B Salary 2022 provides salary in addition to allowances which is an important factor every year lakhs of aspirants dream of being hired as RBI Grade B Officer.
RBI Grade B recruitment offers 294 Group B vacancies in a single recruitment process. The aspirants must be aware of the pay scale and other details in terms of RBI that are related to the above-mentioned position.
RBI Grade B Salary 2022
Reserve Bank Of India is one of the best government organizations in India and they have a great reputation. If you want to know the expected salary structure then you must check the latest RBI officer Grade B salary 2022 structure. It’s not easy to get selected for this post, so be prepared for some tough competition.
Basic Pay | Rs. 35,150/- |
Pay Scale | Rs. 35,150 – 1750 (9)- 50900 – EB-1750 (2) – 54400 – 2000(4)- 62400 |
Grade Allowance | Rs. 6800/- |
Dearness Allowances | Rs. 23,144/- |
Housing Allowance | Rs. 5,273/- |
CVPS Incentives | Rs. 827/- |
Special Prerequisite Allowances | Rs. 1,465/- |
Special Allowances- Direct Recruit | Rs. 1,800/- |
Local Compensatory Allowances | Rs. 3,664/- |
Meal Allowance | Rs. 160/- |
Gross Pay | Rs. 80,176/- |
Deductions | Rs. 53,574/- |
Net Salary | Rs. 70,000/- |
- The Dearness Allowance(DA) has been climbed from 14 to 28%, hence the pay rates will be additionally expanded with impact from July 1, 2021.
- The gross salary got increased to approximately Rs. 83,254/- after 7th pay commission.
RBI Grade B Salary Deductions
The candidate gets their salary after some deductions, which we have discussed below:
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 Salary 2022 Allowances & Perks
The responsibility comes with some perks. we have discussed the www.rbi.org.in Grade B Salary 2022 Allowances & Perks below:
- Dearness Allowance
- House Rent Allowance
- Special Allowance
- Family Allowance
- City Compensatory
- Local Allowance
- Learning Allowance
- PFA
- Grade Allowance
- Special Compensatory Allowance
Apart from these allowances, the RBI Grade B officer also gets Sodexo coupons, briefcase allowance, spectacles allowance, educational allowance, and more.
RBI Grade B Career Growth 2022
The candidates recruited as RBI Grade B Officer have a chance to get promoted to higher posts. You have to pass the promotional examinations to reach out at the next stage. The promotion levels are discussed below:
- Assistants
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Principal Chief General Manager
- Executive Director
- Deputy Governor
- Governor
RBI Grade B Officer In-hand Salary
If you are looking for a job in the RBI, it is important to know how much you will be earning at the grade B level. The minimum salary is Rs. 9,000 and the maximum is Rs. 2,00,000 with a grade pay of Rs. 320000 for Band 4 officers.
If you have completed 10 years of experience in this field, your monthly salary would be between Rs. 40,000 and Rs. 60,00O with grade pay of around Rs. 70000 to Rs. 80000 as per RBI Grade B Pay Scale 2022.
- RBI Grade B Salary(Basic Pay) – Rs 35,150/- per month
- RBI Grade B Salary Scale – Rs. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 (16 years)
- RBI Grade B Salary (Gross Monthly Emoluments)- Rs ₹83254/- (Approx)
What are the career requirements to be a RBI grade B officer on the RBI pay scale?
To become an RBI grade B officer on the RBI pay scale, you just need to have 10 years of experience in the bank. In addition to this, you must fulfil the following criteria:
- Should have a graduate degree or equivalent qualifications
- Should possess certain professional skills or experience.
- Must be an expert in managing accounts or financial instruments.
- Must have a good command of the English language.
- Must have expertise in accounting principles and practice or related field.
RBI Grade B Salary 2022 FAQs
What is the basic Payscale for the RBI Officer Grade B?
The Basic Pay scale for the RBI Officer Grade B is Rs. 35,150/-.
What is the in-hand salary of the RBI Grade B Officer?
The in-hand salary of the RBI Grade B Officer is Rs. 70,000/-.