RBI Grade B Salary 2024: Job Profile, Promotion, Pay Scale
Reserve Bank of India Grade B Exam 2024 ( RBI Grade B Exam )
Exam On - 6 Dec '25
RBI Grade B Salary is INR 1,08, 404. The basic INR 55,200 per month. The details related to the salary are mentioned in the RBI Grade B notification. RBI offers good salary to Grade B Officers. The selection process comprises prelims, mains and interview.
- RBI Grade B Salary
- RBI Grade B Job Profile
- RBI Grade B Salary 2025 FAQs
RBI Grade B Salary
RBI Grade B officer is one of the most prestigious jobs in the country. Every year more than one lakh candidates appear for RBI Grade B exam. RBI offers a handsome pay package to the Officers. RBI Grade B salary package is around INR 14-16 lakh in metro cities such as Mumbai, Delhi, etc. Candidates are paid INR 55,200 per month as RBI Grade B salary. The pay scale is INR 55,200-2850(9)-80,850-EB-2850 (2)-86,550-3300(4)-99,750 (16 years). Candidates are eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance. Initial monthly gross emoluments are INR 1,08,404 (approx). The House Allowance of 15 per cent of basic pay will be paid, if accommodation is not provided by the Bank.
Also Read:
RBI Grade B Salary After 7th Pay Commission
The table below contains the revised salary structure of RBI Grade B.
| Parameters | RBI Grade B Salary (In INR) (Previous) | RBI Grade B Salary (In INR) (Revised) |
|---|---|---|
| Basic pay | 35,150 | 55,200 |
| Payscale | 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400 | 55200-2850(9)-80850-EB-2850 (2) - 86550-3300(4)-99750 (16 years) |
| Gross emoluments | 77, 208 | 1,08,404 |
RBI Grade B Salary: Know the Gross Deductions
The gross deductions from the RBI Grade B salary for different parameters are given below.
| Deductions | Amount |
|---|---|
| EE NPS Contribution Amount |
INR 6509 |
| Prof Tax-split period |
INR 200 |
| BF EE NPS Monthly Contribution |
INR 13,018 |
| House Rent Recovery |
INR 620 |
| Meal Coupon Deduction |
INR 400 |
| MAF |
INR 300 |
| RBI Officers Association |
INR 40 |
| Sports Club Membership |
INR 30 |
| Income Fax |
INR 5319 |
| Total Deductions |
INR 26,436 |
Commonly asked questions
RBI Grade B salary structure is decided including several allowances, perks and benefits. The gross salary is INR 1,08,404 incluiding allowances, perks and benefits. The pay scale of RBI Grade B is INR 55,200-2850 (9)-80850-EB-2850 (2)-86550-3300 (4)-99750 (16 years). RBI Grade B Salary structure is given below.
| Parameters | RBI Grade B Salary (In INR) |
|---|---|
Basic Pay | 55,200 |
Grade Allowances | 6,800 |
Dearness Allowances | 23,144 |
Housing Allowance | 5273 |
CVPS Incentives | 827 |
Special Prerequisite Allowances | 1465 |
Special Allowances- Direct Recruit | 1800 |
Local Compensatory Allowances | 3664 |
Meal Allowance | 160 |
Gross Pay | 1,08,404 |
Note:
- For candidates having high academic educational qualifications, RBI at its own discretion considers granting up to four advance increments
- The bank, at its own discretion, shall consider requests for higher emoluments because of higher qualification/special experience at the interview stage only
- The number of increments will be a maximum of four
- RBI will not entertain any request received after the interview
RBI Grade B Job Profile
After training, the departments that are allotted to candidates are financial markets, banking supervision, banking regulation, currency-issuing, public debt office, foreign exchange, HRD, etc. RBI Grade B job profile vary in different departments. Grade B Officers are involved in planning and policy decisions.
What is increment offered to RBI Grade B Officers?
The increment given to candidates selected to the post of Grade B Officers is summarised below:
- The basic pay is INR 55,200
- Candidates receive an increment of INR 2850 upto nine years
- After nine years, the basic pay increases to 80,850. The increment for the next two years is INR 2850
- Further increment of 3300 for the next four years, the basic pay increases to 86,550
- After 16 years, the maximum basic pay will be INR 99,750
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Career Growth of RBI Grade B Officers
The job profile of RBI Grade B Officer includes the proper circulation of currency, controlling the supply of liquidity in the market, and most importantly managing government and central bank accounts. Candidates are eligible for promotions within the organisation. The posts to which candidates are promoted are given below:
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Deputy Governor
Commonly asked questions
RBI Grade B Officers get promoted to the following positions.
Manager
Assistant General Manager
Deputy General Manager
General Manager
Chief General Manager
Executive Director
Deputy Governor
RBI Grade B Officers manages monetary policies. They also supervises financial institutions. The selection process comprises prelims and mains exams followed by the Interview. The basic salary of RBI Grade B is INR 55,200 per month.
RBI Grade B Salary 2025 FAQs
Candidates can check below RBI Grade B salary FAQs.
Commonly asked questions
RBI Grade B Officers are entitled to the following perks and allowances: Back Accommodation Medical Allowance Leave Fare Concession Furnishing of Residence Miscellaneous Allowance (Fuel, Furniture, etc. ) The gross monthly emoluments of RBI Grade B is INR 1,08,404. This is including the perks and benefits offered to candidates. The allowances of RBI Grade B that candidates are entitled to along with the salary are given below:
- Dearness Allowance
- Local Allowance
- House Rent Allowance
- Family Allowance
- Grade Allowance
RBI Grade B Exam Exam
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