Grade B officers may become Grade C in seven years and Grade D in another 5 years. Those who are recruited at a young age can easily become the deputy governor after clearing Departmental exams. Mostly the officers will be managing various government sector’s bank account.Īmbitious RBI Grade B officers can take the departmental examination after 5 years to get promoted to Grade C officers post. Management of Government Accounts: In this department, the officers will have to manage government and central bank accounts.Also, the officers will play a major role in decision making and managing liquidity in market by various policies.
100000 for the employees under LFC allowance. Leave Fare Concession Travel (LFC): Once in two years the employees can avail LFC for self, spouse & dependents under LFC Travel allowance.Sodexo Coupons: RBI provides the employees with Sodexo coupons worth Rs 2000/- which can be spent on food/groceries.Mobile Allowance: RBI Grade B employees can claim up to Rs 1500/- as mobile allowance.Maid Allowance: For RBI Grade B employees, Rs 3000/- will be offered under the maid allowance.Fuel Allowance: If the RBI Grade B employee owns a vehicle in his/her name, then they can claim up to 150 liters of fuel per month.4000/- under education allowance every month. Those selected as RBI Grade B officer can avail Rs. Education Allowances: Based on various parameters the officials will offer education allowances to their employees.These medical allowances are also valid for the dependents of the employees. Medical Allowance: Employees can claim medical allowances up to 4000 Rupees.If the employees are not allocated with flats, then they can claim up to Rs 70,000 as rent allowance. HRA Allowance: The Reserve Bank of India will offer 2BHK/3BHK flat to the RBI Grade B employees.Dearness Allowance: The RBI Grade B officers will receive DA of 113% of the basic salary.