RBI GRADE B 2019 Recruitment

Exam Date : 17th June 2019
Result Date : 30th June 2019

RBI Grade 'B' 2019 Recruitment 

  • This exam is conducted by the Reserve Bank of India and it is a National Level Exam.This is the bank exam held for recruitment for the positions of Grade B Officers across the country in its various branches. This exam was conducted only in Online mode.

  • The various posts available for a Grade 'B' officer are:

Name of Post

Governor

Deputy Governor

Executive Director

Principal Chief General Manager

Chief General Manager

Deputy General Manager

Assistant General Manager

Managers

Assistant General Managers

Assistants



RBI Grade 'B' 2019 Remuneration:

Pay: As mentioned in the notification, the pay scale of Selected Candidates is INR 35,150/month and it goes up to INR 67900/month applicable to Officers in Grade B.

  • Dearness allowances (DA): 113% DA is given to each employee of the basic salary, but after the 7 central pay commissions DA is revised to 125%

  • House Rent Allowances (HRA): Officers who are living in other towns or cities and not in their hometown, HRA is given only to them. A Grade B Officer generally gets 2/3 BHK flat depending on the availability in the city.

  • Medical allowances (MA): Medical bills can be reimbursed only if declared. This allowance is also valid for the person who is dependable to the employee as well. The Annual reimbursements for Medical approx INR 4000.

  • Education allowances: Only selected officers receive education allowances for their kids. The reimbursements of education allowances up to INR 4000/month.

  • Leave Fare Concession Travel (LFC): One of the best allowance that RBI gives to Grade B Officer is LFC Travel allowance. Once in two years for self, spouse and eligible dependents, the bank provide around INR 107000 per person for this.

  • Special Allowance: After confirmation, there was a special allowance for Grade B Officers os INR 2500/year.


RBI Grade 'B' 2019 Career Prospects and Service Conditions: 

  • Increments for Qualified/Experienced candidates: For candidates possessing very high academic or professional qualification/experience of significant value to the Bank, the Bank may consider granting up to four advance increments. This is done at the interview stage only.

  • Any requests for higher remuneration or advancement in a post cannot be done after the interview.

  • Probation: The initial appointment will be on probation for a period of two years, this includes a 15-week training programme at the Reserve Bank Staff College. At Bank’s discretion, the probationary period may be extended up to a maximum period of four years.

  • Posting: Selected candidates are liable to be posted and transferred anywhere in India.

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