Exams

RBI Grade B 2022-Salary & Career Progression

RBI Grade B officer is, without any doubt, one of the most respected posts for anyone who wants to work in the Indian banking sector. RBI Grade B officers begin their career with RBI Assistant or Support Staff’s post, but from there, their career growth can take them to even Governor’s post. For those who want to choose this career as their career path, they should not forget that choosing any career means they have to spend their lives doing the work involved in it.

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In addition, one must also be aware of the RBI Grade B salary before making up his/her mind to start preparing for the exam. Because salary acts as one of the most effective motivational forces for an aspirant.

Therefore, in this article, we are going to cover the RBI Grade B 2022 salary structure, additional perks, allowances, career growth!

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RBI Grade B 2022 Exam Pattern

RBI Grade B Phase-I exam consists of 4 sections. There is no sectional time limit. The total duration of the RBI Grade B Phase- I is of 120 minutes. There is a negative marking of ¼ for wrong answers.

The RBI Grade B exam consists of the following stages:

  • Phase – I Examination
  • Phase – II Examination
  • Interview

The syllabus for both Phase-I & II Exams is set and updated by the Reserve Bank of India. Get the updated syllabus for the Exam from the RBI official website. The Grade B Officer written exam is conducted in two phases, Phase-I & Phase-II.

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RBI Grade B Phase-I Exam Pattern

The RBI Grade B syllabus for Phase-I comprises 4 sections:

  1. Reasoning Ability
  2. Quantitative Aptitude
  3. General Awareness
  4. English Language

Given below are the distribution marks amongst each section:

SubjectsNumber of questionsMaximum marksDuration
General Awareness8080 120
Quantitative Aptitude3030
English Language3030
Reasoning6060
Total200200120 minutes

Note: RBI Grade B Phase-I is qualifying in nature. The scores in RBI Grade B Phase-II and Interview are considered for the final merit.

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RBI Grade B Phase-II Exam Pattern

RBI Grade B Phase-II exam consists of 3 sections:

  1. Economic and Social Sciences
  2. English
  3. Finance & Management

RBI Grade-B Phase-II exam consists of 3 sections. You are given 90 minutes for each section of the exam, making a total time duration of 270 minutes.

SubjectsPaper TypeMaximum marksDuration
Economics and Social IssuesObjective10090 minutes
Paper-II English (Writing Skills)Descriptive (to be typed with the help of keyboard)10090 minutes
Paper III Finance & ManagementObjective Type10090 minutes

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RBI Grade B 2022 Salary

The salary given to an RBI Grade B Officer is one of the most robust among all the government and banking jobs. Presently, RBI Grade B officer gets a salary of ₹ 77208/-, with basic pay of ₹ 35,150/- per month.

Take a look at the table given below to know the details of the salary:

Post Salary
RBI Grade B Basic Pay₹ 35,150/-
RBI Grade B Pay Scale₹35150-1750 (9)-50900-EB-1750(2)-54400-2000 (4)-62400
RBI Grade B Grade PayNA
RBI Grade B Salary (NET Salary including allowances)₹ 77,208/-
In-Hand Salary₹53,740/-

Note: The in-hand salary of RBI Grade B officers has been mentioned above in the table, which is a total of Rs.53,740/-.

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RBI Grade B Salary: Probation Period

A selected candidate has to undergo a probation period of 2 years, which can be further extended up to 4 years. In his/her probation period he/she will get the experience and learn to accomplish job requirements. When his/her work is satisfactory he/she will succeed as an RBI Grade B officer. 

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RBI Grade B Salary: Benefits and Allowances

RBI Grade B Officer enjoys multiple benefits and allowances apart from the salary he gets. Here are some of them:

  • Well Furnished Bank Accommodation
  • Dearness Allowance
  • Medical Allowance
  • Fuel Allowance
  • Leave Fare Concession
  • Family Allowance
  • House Rent Allowance
  • Tour Allowance
  • Grade Allowance
  • Local Allowance

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RBI Grade B 2022 Career Growth/Progression/Promotion

RBI Grade B officers start their careers as RBI Assistants or Support Staff. After that, the career grows in the following way:

  1. Assistant Manager
  2. Manager
  3. Assistant General Manager
  4. Deputy General Manager
  5. General Manager
  6. Chief General Manager
  7. Principal Chief General Manager
  8. Executive Director
  9. Deputy Governor
  10. Governor

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Benefits of the bEst RBI Grade B 2022 Mock Tests

These thoroughly-researched RBI Grade B 2022 Mock Tests can provide you with perfectly detailed Mock-Test analysis reports to help you quickly meet all your preparatory needs and goals. In addition, these detailed Mock-Tests analysis reports help you improve your performance and figure out the loopholes in your preparation by identifying your core strengths & weaknesses and eliminating all your shortcomings.

Asad Yar Khan

I write and oversee the creation of informative educational blogs centering around study strategies, exam techniques, and more, to guide aspirants in clearing SSC, banking, engineering, and other competitive exams. I ensure a range of subjects are covered with precision and clarity. With over 7 years of diverse writing experience, I share a wealth of wisdom and expertise with thousands of students, through PracticeMock every day, helping them achieve their goals.

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