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RBI officer Grade B Salary Structure 2018, Grade Pay & Allowances details

Having a big dilemma in RBI officer Grade B Salary Structure 2018. Then please go through this article we have covered each and every details like basic pay, local and family allowances, Grade and special allowances, monthly reimbursement ,conveyance expenses, official car and house a/c and annual reimbursement .you can also get Easy car loans, other allowances, furnishing allowances and intangible benefits. Let us see this in brief.RBI officer Grade B Salary Structure

RBI officer Grade B Salary Structure 2018

Reserver bank of India which is consider most premier bank of India. It offers various and high economical career options, both in terms of salary, benefits, and quality of life. if you compare to other government jobs, including the Civil Services, employment at the RBI is highly predictable and generally brighter with less bureaucracy and corruption.

Working of RBI bank is five day week at postings in metros or state capitals. RBI work environments are easily adjustable and the pay packages are the best in the industry pay packages. Let us talk about details.

 

If you want to get some information on RBI officer grade B selection process then click below

RBI Officer Grade B Selection Process

Basic pay of RBI Officer grade B

As per the Reserve Bank of India I Grade B salary, the pay scale has been recently revised as 35150-17 50(9)-50900-EB-17 50(2)- 54400-2000(4)-62400 (16 years).

The Basic pay is Rs. 35150. As of March 2017, the first  monthly gross emoluments will be close to amount of Rs. 67000. After all the deduction, a officer receives an amount of Rs. 61000 as current in-hand salary of the RBI garde B officer.

A candidate who has cleared JAIIB and CAIIB can be entitled to 2 additional increments.

Local and family allowances grade B

All the RBI officer Grade B Salary Structure information are based upon basic pay or base salary. The table below shows the  increment annually  by which base pay will increase (normally irrespective of performance). As you can see, the starting basic salaries for group B officers are 21000. This is supplemented by the Dearness Allowance (58+%), House Rent Allowance(10+%), etc. making the gross salary well above 40,000 (excluding the sweet little perks).

Cadre Level group wise Local Allowances L.A. Ceiling Family Allowance F.A. Ceiling
Group A 5% of basic 1,300 4% of basic 1,100
Group B 5% of basic 1,300 4% of basic 1,100
Group C 5% of basic 1,300 4% of basic 1,100
Group D 5% of basic 1,600 4% of basic 1,200
Group E 5% of basic 1,600 4% of basic 1,200
Group F Not eligible 0 Not eligible 0

 

Allowances in RBI Grade B officer.

This is one of the best features that RBI gives to its employee. They are treated like a guest in a family,by providing them many valuable benefits like

Conveyance Allowance

It is paid on the basis of declaration and you need not necessarily have a vehicle. The amount is additional 14000 in hand. It Can be claimed as per RBI rule.

LFC Travel

LFC Travel is one of the best allowances given by RBI. The RBI officer can go for a tour with his/ her entire family at the bank’s cost every  2 years. RBI pays almost 107000 per head for the tour.

Meal Coupons

RBI also offers Sodexo meal coupons for their employees, though in electronic form.

Loans

RBI also offers a exciting concession of Loans for their employees. Then can claim it as a car, bike ,house ,personal loans. It can be claimed on the basis of RBI rule and if your once recruited then you can enjoy all this benefits.

Now we have furnished every information about salary and perks given in RBI Grade B officer 2018.

So if have any confusion on RBI officer Grade B Salary Structure 2018, Grade Pay & Allowances then please comment us . We will definitely clear it, because you are all for us.

 

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