What is the salary of RBI Grade B officer in 2020?
What is the salary of RBI Grade B officer in 2020?
Rs. 35,150
RBI Grade B Officer Salary, Perks & Emoluments
| RBI Grade B Salary (As per RBI Grade B 2020-21 Latest Notification) | |
|---|---|
| RBI Grade B Officer Salary (Basic Pay) | Rs. 35,150 |
| Pay Scale | 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400(16 years) |
| Initial Monthly Gross Emoluments | Rs. 83,254 (approx.) for a new recruited officer |
How often RBI Grade B officers are transferred?
every three years
According to the RBI Grade B officer Transfer Policy, candidates may get transferred every three years. And there is a possibility that candidates remain in the same zonal area after three years.
Do RBI Grade B officers get pension?
The newly RBI Grade B and other staffs are provided NPS (National Pension Scheme) facility in which certain amount of money from the employees and the employers are contributed to pension fund. After your retirement you will be allowed to withdraw part of the fund. …
What is the highest grade in RBI?
Initially, an RBI Grade B Officer is appointed on probation of two years which may be extended up to 4 years. Once, an employee completes the probation period; he is liable to get promoted to higher posts. The posts to which an RBI Grade B Officer can get promoted to are as follows: Assistant Manager.
What is the salary of DGM in RBI?
Average Reserve Bank Of India Deputy General Manager salary in India is ₹ 62.5 Lakhs for 15 to 31 years of experience. Deputy General Manager salary at Reserve Bank Of India ranges between ₹19.3 Lakhs to ₹ 98 Lakhs.
What is the new pay scale of RBI grade-B officers?
The new pay scale of RBI Grade-B Officers is 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400. This means, your initial basic pay will be Rs.35,150 and you will receive an increment of Rs.1750 for up to 9 years of your service.
How often is the pay revision done by RBI?
In banking industry pay revision happens every five years (private sector banks excluded) and the same system is followed in RBI too. The last revision was effective from 2012 and the next revision is becoming due in 2017.
When is the next wage revision due in the banking industry?
The next wage revision is due from November 2017. In banking industry pay revision happens every five years (private sector banks excluded) and the same system is followed in RBI too. The last revision was effective from 2012 and the next revision is becoming due in 2017. IBA invites bank unions for wage revision talks
How is the wage settlement done in RBI?
In RBI the wage settlement is done independently by negotiation between the RBI Employees Association and the management. The pay scale and settlements of RBI are different from that of the other public sector banks (PSB), however the settlement happens every 5 year as it happens in PSBs.