RBI Grade B Job Profile, Career Prospects and Salary

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RBI grade B Job Profile

RBI Grade B Job Profile, Career Prospects and Salary are a subject of speculation for banking aspirants. It is recommended that before an aspirant sits for an exam, he/she is aware of the prospects of the job. Having knowledge about RBI Grade B Job profile will help you be mentally prepared before joining the banking sector. Also, it’ll help you perform well in the interview because it will be expected that you understand the RBI Grade B Job profile 100%.

CLICK HERE TO VIEW OFFICIAL NOTIFICATION FOR RBI GRADE B EXAM 2017
CLICK HERE TO APPLY FOR RBI GRADE B RECRUITMENT 2017

RBI Grade B Job Profile : Highlights

Class  I
Job Location PAN India
Probation Initial appointment will be on probation for a period of two years. At Bank’s discretion, the probationary period may be extended up to a maximum period of four years
Growth There are reasonable prospects for promotion to higher grades.
Highest Achievable Post RBI Governor

 

RBI Grade B Job Profile: Career Progression

Stage 1 Support Staff
Stage 2 Assistant Manager
Stage 3 Manager
Stage 4 Assistant General Manager
Stage 5 Deputy General Manager
Stage 6 General Manager
Stage 7 General Manager
Stage 8 Chief General Manager
Stage 9 Principal Chief General Manager
Stage 10 Executive Director
Stage 11 Deputy Governor
Stage 12 Governor

RBI Grade B Job Profile: Latest Pay Scale

Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m.
 Scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400 2000(4)-62400 is applicable to Officers in Grade B

RBI Grade B Job Profile: Allowances

Dearness Allowance
Local allowance
House Rent Allowance
Family allowance
Grade Allowance
At present, initial monthly Gross emoluments are approximately Rs. 67,933/-

RBI Grade B Job Profile: Incentives and Benefits

  • Bank’s accommodation subject to availability
  • Reimbursement of expenses for maintenance of vehicle for official purpose
  • Newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility.
  • Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility.
  • Interest free festival advance
  • Leave Fare Concession (once in two years for self, spouse and eligible dependents).
  • Loans and Advances at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc.
  • Selected candidates will be governed by ‘the defined contribution New Pension Scheme (NPS)’, in addition to the benefit of Gratuity

RBI Grade B Job Profile:  Increments for Distinct Employees

For candidates possessing very high academic or professional qualification / experience of significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance increments. The Board, at its sole discretion, may consider requests for higher emoluments on account of higher qualification/special experience of value to the Bank at the interview stage only. Such information may be furnished in the Bio-data Form in the appropriate column. The number of maximum increments will be four. The Board/Bank will not entertain any request received after the interview.

RBI Grade B Job Profile: Common Seniority Group

 Candidates selected from separate recruitments for the post of Officer in Gr. B (DR) for General, DEPR, DSIM streams will join the Common Seniority Group and the seniority among these Officers will be fixed according to the ranking worked out by using the standard percentile score of aggregate marks of selected candidates.

 

RBI Grade B Exam 2017: Important Readings

CLICK HERE TO VIEW OFFICIAL PATTERN FOR RBI GRADE B EXAM 2017
CLICK HERE TO VIEW OFFICIAL SYLLABUS FOR RBI GRADE B EXAM 2017
CLICK HERE TO VIEW COMPLETE LIST OF BOOKS FOR RBI GRADE B EXAM 2017