RBI Grade b Officer Salary 2020 – After the release of notification of RBI Grade B Officer, there is a ray of hope for the candidates who were waiting for this rbi group b recruitment for a long period of time. The Online Application Form will start from the month of July 2020. So, if you are interested in this post, then you need to know about its Work Profile, Salary Structure, and Career Growth and this is what this article is all about. So, you start to fill up the online application form you need to know about their benefits and future career growth.
RBI Grade B Officer Job/ Work Profile
Getting recruited as an Officer in Reserve Bank of India is itself a big privilege. This job requires mental stability, intelligence as the person will be handling the country’s finances directly. The job/work profile of RBI Grade B Officer is as follows-
You should be well informed about the Economic State of the country in terms of the inflation rate, deflation, GDP Growth, GNP etc.
Designs Guidelines for various Public Sector Banks (PSC’s)
Should also be responsible to manage all the Central and State Bank Accounts.
You need to make sure that the circulation of coins and currencies in the system works smoothly and properly.
RBI Grade B Officer’s Salary and Benefits – RBI Grade B Salary 2020
So, now you got a brief idea about the Work Profile of RBI Grade B Officer, we will now discuss the RBI Grade B Officer Salary Structure (salary of rbi grade b), Perks, and Other Allowances.
The Revised RBI Grade B Salary Structure is Rs 35, 150/- Rs 62, 400/-
The Basic Pay is Rs 35, 150/- per month
Gross Pay – Rs 67, 000/- per month
Along with this substantial salary, you will also get a number of perks and allowances. The following are some of the perks and allowances that comes in with RBI Grade B Officer Salary 2020 Benefits.
After the appointment, you will reside in the RBI Residence
You will be given Fuel Allowance of 150 Litres
Annual Medical Allowance of Rs 4, 500 on the declaration.
Monthly Maid Allowance of Rs 3000/-
RBI provides Grocery Sodexo Coupons/ Food to its employee’s worth Rs 2000/-
LTC/ LFC Tour Allowance every 2 years.
Loans are cheaper for RBI employees.
RBI Grade B Officers Working Hours
The RBI Grade B Officer’s comes up with a great responsibility and dedication. Therefore, the recruited officers get a non-stressful working hour.
So before being appointed for the post, you will be on a probation period of 2 years.
An RBI Grade B Officer works 5 days a week.
The Working Hours of an RBI Grade B Officer is 9 am to 5 pm.
RBI Grade B Officers Promotional Aspects and Career Growth
Working with RBI, itself is a privileged experience. A Grade B Officer is benefited with the following career and promotion prospects.
The Highest Position under the RBI Recruitment 2020 is Deputy Governor.
The RBI conducts numerous Departmental Exams for the Officers to speed up their Promotions.
If you have an experience in RBI as a Grade B Officer, but you do not want to continue with RBI, there are lots of banks that will invite you immediately to fill in their Executive Positions with a good salary.
Being an RBI Grade B Officer, you have to maintain the circulation of the currency and coins issued by RBI. You must have to control the supply of liquidity in the market.
So, now that you know all about the RBI Grade B Officer’s Job Profile, Salary Structure, Career Growth etc. you can click here to apply now for Grade B Officer’s Posts. The Online Application Form will start from the month of July 2020.
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Hence, the RBI Grade B officer can reach up to the position of deputy governor which is the second-highest post in the organizational hierarchy. The deputy governor reports directly to the governor who is directly appointed by the government. If this career path, perks, and benefits and salary excite you, you should definitely prepare for the RBI Grade-B exam. Check out the preparation strategy as well as the syllabus and exam pattern here.