GovtJobsAlert.In

RBI Grade B 2022 Official Notification Out – Check Details & Apply Online Now

Share on facebook
Share on twitter
Share on linkedin
Share on telegram
Share on whatsapp
Share on email
All The Details Regarding RBI Grade B Notification, Eligibility Criteria, Age Limit, Salary / Pay Scale, Vacancy etc are provided below.
RBI Grade B
Page Contents

RBI Grade B 2022 Notification: An annual RBI Grade B Officer Exam is held to identify suitable applicants for Grade B officer positions in various RBI branches around the country. Thousands of students take this test every year since the Reserve Bank of India pays well and has a good reputation. With just a few positions to be filled, it is critical to study well for the RBI Grade B Exam. Preliminary and Main examinations will be followed by an interview to select RBI Grade B Officers.

RBI Grade B 2022 Notification Details

The Reserve Bank of India (RBI) has published a brief RBI Grade B announcement 2022 for the position of Grade B Officer Exam to hire 294 Grade-B Officers in various newspapers on March 21, but the detailed official notification pdf will be posted on March 28, at www.rbi.org.in as well as on this website. It is a great chance for graduates to work in the Reserve Bank of India (RBI). The RBI Grade B 2022 test involves three phases of selection. Candidates who pass Phase I and II of the test are invited for the final interview. 

Notification Details
Organisation Name
Reserve Bank of India (RBI)
Recruitment Exam Name
RBI Grade B Exam 2022
Post Notified
Officer Grade B (Manager)
Recruitment Type
Regular / Permanent
Recruitment Category
Banking Jobs

Salary / Pay Scale Details for RBI Grade B Officer

The attractive RBI Grade B pay and renowned work description attracts many individuals to the RBI. Officers recruited by the Reserve Bank of India are eligible to several advantages in addition to a substantial remuneration.

There is job stability, respect and a title with the RBI. The correct knowledge of the RBI Grade B compensation not only answers questions but also encourages job seekers. RBI also provides a rewarding professional path

Selected RBI Grade B Officers will draw a starting basic pay of ₹ 55,200/-p.m. in the pay scale of Rs. 55200-2850(9)-80850-EB-2850 (2) – 86550-3300(4)-99750 (16 years) applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family allowance and Grade Allowance as per rules in force from time to time. At present, initial monthly gross emoluments are 1,08,404/- (approximately) The House Allowance of 15% of Basic Pay will be paid, if accommodation is not provided by the Bank.

Perks / Allowances to RBI Grade B Officer

Aside from basic compensation, RBI Grade B officials receive many benefits and allowances that add up to a nice remuneration. Sum of the allowances for RBI Grade B Officer are listed below – 

  • Dearness allowances (DA): RBI Grade B Officers get Dearness Allowance to help offset the impact of inflation. 
  • Grade allowance: After probation, RBI Grade B officers will get a 2250 grade allowance.
  • Conveyance allowance: Conveyance allowance is provided based on a declaration filed. You will receive 150 Liter petrol per month for your conveyance. 
  • Bank loan facility: RBI Grade B officials can receive a housing loan or auto loan as per the bank’s standards.
  • Leave Fare Concession (LFC): The LFC allowance is roughly Rs. 1,00,000. The employee and his dependents can use this once every two years to go anyplace.
  • House rent allowance: HRA is granted when you don’t take the government quarter. RBI Grade B officials get two-bedroom flats. If you are assigned to Mumbai and do not obtain government housing, you will get around 70,000 rupees.
  • Education allowance: Annual educational stipend reimbursements of roughly 4000 rupees per month are also available to RBI Garde B personnel.
  • Briefcase allowance: RBI Grade B personnel are entitled to a 7000 rupee stipend every three years.
  • RBI also provides Sodexo meals.

Vacancy Details for RBI Grade B 2022

Through a newspaper advertisement, the Reserve Bank of India Grade B Vacancy 2022 was notified along with the Group B announcement. The total number of openings for RBI Grade B 2022 positions has been declared at 294. Candidates can get an estimate of the number of positions available by looking at the vacancy distribution provided below:

Post Name
Vacancy
Officer Grade ‘B’ General
238
Officer Grade ‘B’ DEPR
31
Officer Grade ‘B’ DSIM
25

Educational Qualification for RBI Grade B Officers

The educational criteria to join the RBI as a Grade B officer, in accordance with the vacancies in the RBI Grade B Recruitment 2022, are listed below in more detail.

Post Name
Educational Qualification
Officer Grade ‘B’ General
Graduation in any discipline /Equivalent technical or professional qualification with minimum 60% marks (50% for SC/ST/PwBD applicants) or Post-Graduation in any discipline / Equivalent technical or professional qualification with minimum 55% marks (pass marks for SC/ST/PwBD applicants) in aggregate of all semesters / years.
Officer Grade ‘B’ DEPR
A Master’s Degree in Economics / Econometrics / Quantitative Economics / Mathematical Economics / Integrated Economics Course/ Finance, with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; OR PGDM/ MBA Finance with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute; OR Master’s Degree in Economics in any of the sub-categories of economics i.e. agricultural/ business/ developmental/ applied, etc., with a minimum of 55% marks or an equivalent grade in aggregate of all semesters /years from a recognized Indian or Foreign University /Institute.
Officer Grade ‘B’ DSIM
Master’s Degree in Statistics/ Mathematical Statistics/ Mathematical Economics/ Econometrics/ Statistics & Informatics from IIT-Kharagpur/ Applied Statistics & Informatics from IIT-Bombay with a minimum of 55% marks or equivalent grade (aggregate of all semesters/years) OR Master’s Degree in Mathematics with a minimum of 55% marks or an equivalent grade in aggregate of all semesters/years and a one-year postgraduate diploma in Statistics or related subjects from a reputed Institute OR M. Stat. Degree of Indian Statistical Institute with a minimum of 55% marks (aggregate of all semesters/years) OR Post Graduate Diploma in Business Analytics (PGDBA) jointly offered by ISI Kolkata, IIT Kharagpur, and IIM Calcutta with a minimum of 55% marks or equivalent grade in aggregate of all semesters/years.

Age Limit for RBI Grade B Officers

The RBI has set an age limit for the RBI Officer (Grade ‘B’) examination. To apply for the RBI Grade B exam in 2022, candidates must be aged between 21 and 30. The highest age restriction for M.Phil. and Ph.D. candidates is 32 and 34 years, respectively.

Candidates from the reserved category would have their upper age relaxed as per the Board’s norms.

Category
Age Relaxation
SC/ST
5 years
OBC
3 years
Physically Handicapped
10 years
PH + OBC
13 years
PH + SC/ST
15 years

Selection Process for RBI Grade B Officers

This year’s RBI Grade B 2022 Exam will be conducted in three parts, with the Preliminary Examination being purely objective in form, and the Mains Examination consisting of both objective and descriptive tests in character. Final selection of candidates will be on the basis of marks obtained in mains (Phase-II) exam and interview. 

Application Fees for RBI Grde B Exam

Candidates belonging to the General and Other Backward Classes (OBC) must pay a total of Rs. 850/- as application fee for the RBI Grade B 2022 exam. For applicants who fall under the SC/ST/PWD categories, the same payment is lowered to Rs. 100/- instead.

Important Dates for RBI Grade B Officers Recruitment Exam 2022

Description
Date
Date of Notification
28.03.2022
Starting Date of Online Application
28.03.2022
Last Date of Online Application
18.04.2022

Download Official Notification & Apply Online Link for RBI Grade B Exam 2022

Detailed official notification and Online application link for RBI Grade B Exam 2022 are provided below –