Why Choose RBI Grade B Officer as a Career?

The RBI Grade B Officer is a prestigious, complicated and highly-paid job. Any one as RBI Grade Officer will be provided with ebullient living and perks regardless of basic salary. The popularity of RBI Grade B Officer is rising nowadays. Contenders from various streams including economic, engineering intend to become RBI Grade B Officer. Details regarding the RBI Grade B Officer will be declared through the official website. As per the recent studies, as of now RBI has been considered as one of the excellent workplaces. In spite of its reputed place, it also has many other benefits than any other government bank can offer. An employee in Grade B level at RBI can enjoy perks and allowances. However, RBI is the central bank of India (banker’s bank) which is responsible for controlling the financial sector was introduced on 1st April 1935 put forward by the RBI Act 1934. Here this article will give you an understanding about career as RBI Grade B Officer and other benefits. Let’s read the complete article for detailed information including job profile, promotions, perks and salary.

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RBI Grade B Officer Career Benefits

With no doubt, a job as RBI Grade B Officer is highly rewarding which offers great opportunities and a stable life for their employees. Its dream of every aspirant to get placed in government jobs like RBI Grade B Officers, as it satisfies the candidates in a way that no other sectors do. However, the RBI Grade B Officer begins their journey as a manager and then later promoted to high position until Deputy Governor. A Governor may not be selected based on the personal, admired individuals listed who have astounding achievements. There is a great chance of getting grounded in some of the best organizations in the globe such as IMF, World Bank and more. Above all, investment banks offer lots of benefits with bulky checks for the RBI retired Grade B Officers.

RBI Grade B Officer Salary

On talking about the RBI Grade B Officer Salary, employees get paid more than any other government jobs can provide. The basic pay range of RBI Grade B Officers is around Rs 55,200/-, which means a Gross Pay of Rs 1,08,404 including all the allowances and bonus.

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RBI Grade B Officers Perks and Allowances

Apart from the basic pay the RBI Grade B Officer can enjoy many other perks and benefits. These amazing bonuses and additional allowances stimulate and motivate employees to work even under stress. Some of the allowances provided for the employee are listed below:

• Dearness Allowances (31% of basic salary as per the 7^th pay commission)
• House Rent Allowance (RBI board provides an amount of 70,000/- for settling in metro cities. Generally, individual gets 2/3 BHK flat)
• Grade Allowances
• Family Allowances
• Medical Allowances (Allowances up to Rs 4500/-)
• Education Allowance (Education facility for their children, annual reimbursement around INR 4000 per month)
• Loans (Vehicles, housing etc)
• Conveyance Allowances/CA (Usually, paid on the basis of employee declaration)
• Meal Allowance
• Special Allowances

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RBI Grade B Officer Career Growth and Promotion

Candidates after qualifying the RBI Grade B Officer Exams are appointed in the Post of RBI Assistant. The RBI Grade B Officers promotion is done according to a pecking order followed by the RBI. The various ranks or positions that a RBI Grade B Officer can procure during their career journey are discussed below:

• Assistant Manager
• Manager
• Assistant General Manager
• Deputy General Manager
• General Manager
• Chief General Manager
• Principal Chief General Manager
• Executive Director
• Deputy Governor
• Governor

Above we have discussed all the important information regarding a career in the Reserve Bank of India. All the candidates are requested to go through the complete article before getting into the RBI Grade B Officer Exam application process. RBI is an excellent opportunity for the aspirants. As more and more people get attracted towards it, because of the security and stability that RBI offers. Candidates can make use of the best online bank coaching platforms for achieving their dream job. Have a Good Read!

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