Government jobs provide an exciting work scenario and good pay. The power, respect, and decent salary that one gets are paramount. But if you think that UPSC is the only way to achieve these standards, then you are wrong. Today we will disclose one more government opportunity that not only provides stability to your career but also gives you the authority to be able to control the whole banking system of the country in the longer run.  

RBI Grade B is one such prestigious job that gives you a high salary package along with greater responsibilities. No matter where you go, being one of the senior officers in the central bank of the country earns respect. So let’s see the detailed scenario of an RBI Grade B Officer’s salary, like In-hand Salary, Pay Scale, Perks & benefits.

We will also compare the increment in an RBI Grade B officer’s salary from 2010 to date. This will help us understand how often the RBI Grade B basic pay is increased and by how much. This blog will also help us cognize what an RBI Grade B officer’s salary might amount to in the future.

RBI Grade B Salary Comparison

In the chart below, we have depicted an RBI Grade B Officer’s salary between 2010- to 2022. As you can see, there has been an increase in the RBI Grade B basic pay thrice between these years. However, if you take a look at the RBI Grade B gross monthly emoluments over the years, you will see that the amount has increased gradually even when there was no change in the basic salary amount. This reflects the many perks & benefits that RBI Grade B officers enjoy.

Take a look at the details below.

RBI Grade B Officer Salary, Perks, and Allowances

• Basic Pay: ₹55,200 
• Pay Scale: ₹55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750
• The pay scale indicates that an RBI Grade B Officer’s basic salary at the start of service will be ₹55,200 with an increment of ₹2850 for 9 years.
• This will be followed by an increment of ₹2850 for another 2 years, with the basic pay standing at ₹80,850.
• An increment of ₹3300 will be received after completing a further 4 years of service. After the increment, your total basic pay will be Rs 86550. 
• The highest basic pay of an RBI Grade B Officer after 16 years of service will be ₹99750. 
• The initial monthly gross emoluments amount to approximately ₹1,16,914/- p.m.

RBI Grade B Perks & Allowances

If you are serving with the RBI, you will receive some allowances as part of your salary and some separately. Take a look at all the perks and allowances below.

Allowances as a part of the salary include:

• Dearness Allowance(D.A)
• House Rent Allowance(H.R.A)
• Conveyance Allowance(C.A)
• Medical Allowance (M.A)
• Education Allowance
• Leave Fare Concession & Leave Travel Concession

Allowances received apart from the RBI Grade B Salary:

• Loan and Advances facility at concessional rates of interest
• Fuel Allowance
• Maid allowance
• Sodexo coupons
• Mobile Allowance
• Briefcase Allowance
• Spectacles Allowance

Other Benefits

• If you possess very high academic or professional qualifications/ experience that is beneficial for the Bank, you can get up to four advance increments at the Board’s discretion.
• Besides this, you will get a chance to travel with your family anywhere in the world every 2 years.
• Additionally, if you are interested in higher studies that relate to the function and working of RBI, you will get a chance to study abroad too.

Also read: What is it like to be an RBI Grade B officer?

RBI Grade B Job Profile

As India’s central bank, the Reserve Bank automatically shoulders substantial higher-order responsibilities. Upon becoming an RBI Grade B Officer, you undergo a two-year probation period, including 15 weeks of training. The role of an RBI Grade B Officer is versatile, extending beyond fixed tasks, yet specific responsibilities are expected from those in managerial positions. Given below is an in-depth overview of the RBI Grade B job profile.

RBI Grade B Postings

Initially, you will be on a probation period of two years that can be extended at the bank’s discretion. You are liable to be posted and transferred anywhere in India where RBI has its branches. For your reference, the RBI offices are mentioned below.

RBI Grade B Officer Promotion Hierarchy

The career trajectory of an RBI Grade B Officer is rich with opportunities for swift advancement and progression within the organizational hierarchy. The Reserve Bank of India (RBI) presents a diverse path for the growth of RBI Grade B officers, facilitated by various promotional examinations and fast-track promotion schemes. These avenues empower dedicated officers to ascend the ranks rapidly, transitioning into more senior and influential roles within the institution. This accelerated career path not only fosters professional development but also serves as a motivational force, propelling officers to enhance their skills and knowledge continually. This ensures that the RBI’s workforce remains dynamic, skilled, and well-equipped to tackle the complexities of the ever-evolving financial landscape.

Since you have crossed all barriers and reached this stage with your sheer determination and hard work, it’s very natural to be curious about the promotion ladder in the RBI. So, it’s imperative to be aware of the organizational structure of RBI.

We hope the information provided above has cleared all your doubts related to the RBI Grade B salary, perks, and allowances. If you want detailed information, check out the video below.

Also read: Life of an RBI Grade B Officer: RBI Grade B Career Growth, Work Profile, Perks

RBI Grade B Exam 2025

How to prepare for the RBI Grade B Exam 2025?

If you feel you, too want to join RBI, then take the upcoming RBI Grade B exam for the year 2025 and land your dream job. To help you achieve this goal, take a look at ixamBee’s RBI Grade B Exclusive Online Course to start your journey.

Further, assess your current situation with regard to your strengths and weaknesses by taking free RBI Grade B mock tests and RBI Grade B previous year papers.

XtremeBee

The best way to prepare for the RBI Grade B exam 2025 is with XtremeBee. XtremeBee is the sole hybrid program in India designed to prepare you comprehensively for the upcoming RBI Grade B 2025 officer role, employing a holistic 360-degree approach to preparation. So, why settle for anything less when you can have it all? Make the ixamBee XtremeBee online course your trusted companion on the path to becoming an RBI Grade B Officer!

We wish you the best always.

ixamBee specializes in providing expert guidance and resources for banking exams 2024, ensuring that you are well-prepared for the Upcoming Bank Exams like RBI Grade B, NABARD Grade B, IBPS SO, and more. Our courses align with the bank exam calendar 2024, covering all the essential topics. With a focus on the upcoming bank jobs, our  Previous Year Papers, BeePedia, SSC CGL, SSC CHSL, SSC MTS and other Mock Tests are designed to help you excel in upcoming banking exams.  

Also Read

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Full Form of RBI with All Details

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On the other hand, IAS officers play a very important role when its comes to implementing different policies for public administration. Parallel to this, IPS officers have the duty of maintaining law and order and ensuring public safety This blog aims to provide a comparison of salaries of RBI Grade B officers in-depth will be given, IAS officers and IPS officers. Apart from that, it will include other important features like qualification and examination programs to help the aspirants to take informed decision about their career path. By examining these activities in more detail, we can better understand the benefits and challenges associated with each popular ministry. 

Why Government Jobs are Popular 

Government jobs are extremely popular in India for several compelling reasons. First, they offer remarkable job security, which is a huge deal in a country where economic instability can affect employment in the private sector. Unlike jobs in the private sector, offices are much less exposed to market fluctuations, giving employees a stable career path until retirement.  

Secondly, these jobs come with attractive pay packages and benefits. Job opportunities in the government sector that include RBI Grade B as well as civil service jobs like those in the IAS and IPS positions provide competitive salaries along with housing, travel and medical allowances. These jobs offer a comfortable lifestyle for employees and their families. In addition, office workers enjoy regular salary increments, pensions and retirement benefits that contribute to long-term financial security.  

 In addition to all this, these jobs provide a platform for individuals to contribute to the building of the economy and public service. Roles within civil service can be stated as an example. This includes the implementation of regulations and handling public welfare programs . The prestige that you can associate with these positions also brings admiration, respect and recognition within society. 

 Lastly, when there is a clear-cut career progression and a lot of different opportunities for professional development, you can find that these kind of jobs become rather attractive. Employees can get more access to different training programs. Along with that, they get the chance to rise and have growth and development in their career. 

 RBI Grade B Eligibility Criteria 

Before you begin preparing for the RBI Grade B Exam 2024, it’s important to know some of the basic qualification requirements for the exam. Of these, an important aspect is the RBI Grade B Eligibility Criteria, which you need if you ever want to be qualified for the exam. Meeting these eligibility requirements like education, age, nationality, and some others will help you apply successfully and pursue your goals. All the details you need on the exam is provided in the RBI Grade B Notification 2024 which also includes the RBI Grade B Syllabus & Exam Pattern. The notification will guide you through the important aspects of the selection procedure.  

One of the important aspects of the RBI Grade B eligilbility criteria is the educational qualification. The basic requirements in this case is that any candidate applying for the post need to have a basic graduate degree.  

RBI Grade B Salary Structure  

RBI Grade B officers are handsomely compensated for their roles with a structured income that consists of various ingredients. The simple pay starts at ₹ 55,200 per month, which is supplemented by a Dearness Allowance (DA) of approximately 46% of the basic pay. In addition, the employees also enjoy the benefits of a House Rent Allowance (HRA) which varies as per the place of posting.  

Other additions to the RBI Grade B Salary Structure include Grade Allowance of ₹ 6,800 along with other allowances like Special Allowance and Local Compensatory Allowance. When these aspects are combined, the tentative monthly gross emoluments for an RBI Grade B officer will be approximately ₹ 1,08,404, excluding the benefits provided through government accommodation. This comprehensive salary package basically reflects the importance and responsibilities associated with the role of RBI Grade B Officer. 

IAS and IPS Qualifications  

The Indian Administrative Service (IAS) and Indian Police Service (IPS) are two of the most prestigious and sought-after positions in India. These roles are part of the Indian Civil Services, and their recruitment is conducted through the Civil Services Examination (CSE) by the Union Public Service Commission (UPSC). To apply for the IAS and IPS, candidates must meet the following eligibility criteria: 

IAS and IPS Salary Structure 

The pay structure of IAS and IPS officers is processed through the 7th Central Pay Commission. It ensures that the remuneration given to civil service officers is competitive and reflects the responsibilities these roles entail. The primary compensation for IAS and IPS officers starts at ₹ 56,100 every month for a level 10 officer. This basic pay is supplemented by a dearness allowance (DA) of around 17% of the basic pay to meet inflation. In addition to this these officials also get a House Rent Allowance (HRA), which varies depending on the type of city they are in. In class X metropolitan regions, the HRA is 24% of number one salary. 

For Class Y cities, which can be smaller urban areas, the HRA is 16% and for Class Z, which includes rural regions, it is at 8% . This structured payment ensures that these officers are richly compensated based on the region that they reside in. Other allowances include special allowances, travel allowances and various benefits depending on the specific location and the city in which the officers have been posted. 

At the entry stage, the monthly gross income of IAS and IPS officers usually ranges from ₹70,000 to ₹85,000. This range depends on factors including location and special allowances, making it an attractive package for new entrants. Apart from economic benefits, IAS and IPS officers enjoy non-financial benefits along with office accommodation, reliable engines, security and similar education and training opportunities. These positions are no longer the easiest, they do not offer economic security, but they also provide immense prestige and a platform for great contributions to society and governance.  

This structured approach to recruitment, comprehensive education and attractive remuneration makes IAS and IPS extremely suitable career paths for many aspirants in India. 

Salary Comparison for RBI Grade B, IAS and IPS 

When comparing the salaries of RBI Grade B officers with IAS and IPS officers, several factors come into play: 

• Basic Pay: RBI Grade B officers have a slightly higher starting basic pay compared to IAS/IPS officers. 
• Allowances: RBI officers enjoy a variety of allowances, which boost their gross salary. In contrast, IAS/IPS officers’ allowances are also substantial but slightly lower in gross total. 
• Perks and Benefits: IAS and IPS officers receive numerous perks such as government accommodation, official vehicles, and other benefits, which add significant value to their compensation package. 
• Career Growth: Both RBI and Civil Services offer excellent career growth, but the nature and type of job responsibilities differ significantly. 

RBI Grade B officers generally get better starting salary when you compare to that of an IAS and IPS officers since they receive the higher basic pay. In addition to this, RBI officers benefit from a wide range of allowances that greatly increase their gross income. Although, you need to be aware that IAS and IPS officers additionally get extended allowances. Even though they tend to be on the lower scale.  

However, IAS and IPS officers enjoy several perks that include office accommodation, company cars and various boons that add enhanced value to their regular compensation package. Both professions offer great growth opportunities, although the nature and duties of the activity differ significantly between the two offerings. Ultimately, it comes down to which stream the government job hopeful is keen on. For a person who has a flair with economics and accounting, the RBI offers the better career path as it requires building the nation up economically and providing stability to the nation in terms of economic and financial terms. 

On the other hand, civil service is the right path for those who prefer nation building through other means like governance and judicial systems. IAS and IPS offers such candidates the perfect means of serving the nation. All in all, the final decision on which is better rests on the interests of the government job hopeful as mentioned earlier. 

Prepping for Government Jobs with ixamBee 

ixamBee is a comprehensive platform that caters to the diverse needs of Government job aspirants. Specialized pages for exams like UPSC EPFO (APFC), UPSC EO/AO, and UPSC ESIC EPFO JTO provide specific resources, aligning with each exam’s specific requirements. BeePedia is also quite helpful for those who want to master the current affairs segment, which is important for government exams. ixamBee also offers Mock Tests, Online Courses, and access to Previous Year Papers. All this gives government job aspirants the benefits of a holistic and well-rounded preparation experience. With ixamBee, aspirants can adopt a structured approach to their government exam preparation. 

Summing Up 

While RBI Grade B officers get a better starting salary compared to their IAS and IPS counterparts, the overall compensation packages, including benefits and perks, are competitive in these prestigious roles. The choice between these careers should be based on an interest in banking and money services, as opposed to administrative and enforcement roles. Each path provides unique opportunities and challenging situations and contributes drastically to the governance and continued rise of India. 

To help you prepare 50% faster for competitive exams, ixamBee provides a free Mock Test Series and all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI Grade B, NABARD, and Other Government Jobs.   

Also Read 

Which is a Better Career for the Long Term, UPSC or RBI Grade B? 

RBI Moves 100 Tonnes of Gold to India: What It Means 

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In the dynamic landscape of India’s public sector, certain government positions emerge as beacons of financial prosperity and professional prestige. The allure of a monthly income approaching ₹2 lakhs elevates these roles to a coveted status among job seekers. Beyond the tangible rewards, these high-paying government jobs often come with a robust support system, including healthcare, housing, and retirement benefits, enhancing employees’ overall quality of life. 

Moreover, government positions’ inherent stability and security contribute significantly to the appeal, offering a shield against economic uncertainties. By shedding light on these distinguished careers, this article aims to guide aspiring individuals toward opportunities that promise substantial financial gain and ensure a well-rounded and secure professional journey.

This article delves into the realm of the highest salary government jobs in India, spotlighting positions that provide employees with a monthly remuneration nearing ₹2 lakhs. Beyond the conventional employment metrics, these roles offer financial stability and encompass a spectrum of other benefits, making them highly sought-after in the competitive job market. As we explore the landscape of prestigious government positions, we unravel the facets that render them occupations and gateways to substantial financial success and professional contentment.

Highest Paying Government Jobs in India

We have listed highest salary Government Jobs in India for you. This list is headed by prestigious jobs like RBI Grade B Officer and SEBI Grade A Officer. We will study these two profiles in detail and look at other jobs. Explore India’s top-paying government jobs, with the prestigious positions of RBI Grade B Officer and SEBI Grade A Officer leading the list. This compilation highlights lucrative career opportunities, delving into the specifics of these roles while shedding light on additional high-paying government positions. Discover the key features that make these jobs stand out and gain insights into the financial rewards and professional advancements they offer.

Meaning of Basic Salary

The basic salary, often called basic pay, constitutes the fixed monthly remuneration provided to employees before any deductions, such as TDS, or additions, like allowances and bonuses. It is the cornerstone of an employee’s earnings, forming the basis for calculating increments, perks, allowances, and bonuses. When evaluating the highest paying government jobs in India, the primary focus is on the basic pay, supplemented by perks, emoluments, and additional benefits that collectively contribute to the overall gross monthly salary. Understanding the significance of basic salary provides a comprehensive overview of an employee’s total compensation package.

The basic pay, or monthly basic salary, represents the amount disbursed to employees without deductions (such as TDS) or additions (like allowances and bonuses). This gross amount is an employee’s direct income, forming the basis for calculating other increments, perks, allowances, and bonuses. Consequently, an employee’s actual Cost-to-Company (CTC) may exceed the basic pay. In examining the highest-paying government jobs in India, scrutiny is directed towards the basic pay, perks, payments, and other benefits that collectively contribute to the gross monthly salary, providing a holistic understanding of the compensation structure.

High-Paying Govt. Jobs: RBI Grade B Officer Salary

Embarking on a career with the Reserve Bank of India (RBI) as a Grade B Officer promises prestige and a robust financial trajectory. The RBI Grade B salary structure, characterized by a dynamic pay scale, underscores the attractive compensation package that evolves over the years of service.

• Basic Pay and Increment Structure: The RBI Grade B Officer begins with a basic pay of ₹55,200, receiving increments of ₹2850 over the initial 9 years, leading to a substantial rise in the basic pay. Notably, after 15 years of service, the basic pay culminates at ₹99,750, reflecting the progressive nature of the pay scale.

• Pay Scale Breakdown: The detailed pay scale, ranging from ₹55,200 to ₹99,750, delineates the stepwise increments and periods of service that mark the career progression. This structured approach provides a clear understanding of how the basic pay advances, encompassing increments every few years.

• Gross Monthly Emoluments: Beyond the basic pay, the gross monthly emoluments for an RBI Grade B Officer, starting at approximately ₹1,16,684, incorporate allowances and benefits. This comprehensive figure encapsulates the overall financial package, offering insight into the total remuneration officers receive at various stages of their service tenure.

RBI Grade B Salary Perks and Allowances

For RBI Grade B employees, the compensation package extends beyond the basic salary, encompassing a range of allowances designed to enhance financial well-being and address diverse needs. These allowances are integral to the overall remuneration, providing monetary support and specialized benefits to ensure a comprehensive and rewarding employment experience.

• Allowances as Part of Salary: RBI Grade B employees enjoy a comprehensive set of allowances integrated into their salary structure. The Dearness Allowance, House Rent Allowance, Medical Allowance, Education Allowance, Conveyance Allowance, and Leave Fare Concession collectively enhance the monetary compensation, providing financial support to employees. These allowances contribute significantly to the overall salary package, ensuring a balance between fixed and variable components.

• Specific Allowances within the Salary: Dearness Allowance acknowledges the fluctuating cost of living, while House Rent Allowance addresses housing needs. Medical Allowance supports health-related expenses, and Education Allowance aids in meeting educational costs for employees’ children. Conveyance Allowance assists in commuting, and the provision of Leave Fare Concession facilitates periodic travel, reflecting the holistic approach of RBI Grade B in supporting diverse aspects of an employee’s life.

• Additional Allowances Beyond Salary: Apart from the salary structure, RBI Grade B employees are entitled to various additional allowances, showcasing the organization’s commitment to employee well-being. The Loan and Advances facility at concessional interest rates facilitates financial flexibility. Fuel Allowance, Briefcase Allowance, Spectacles Allowance, Maid Allowance, and Mobile Allowance further demonstrate the institution’s dedication to catering to varied needs and ensuring a well-rounded compensation package.

• Facilities for Financial Well-being: Providing loans and Advances at concessional interest rates is a significant financial benefit, enabling employees to address personal and professional requirements easily. The inclusion of Fuel Allowance acknowledges the commuting needs of employees, contributing to their convenience. Additionally, Briefcase Allowance recognizes the professional requirements of Grade B officers, emphasizing the institution’s commitment to facilitating financial stability and professional efficacy.

• Specialized Allowances for Personal Needs: RBI Grade B employees benefit from specialized allowances tailored to meet personal needs. Spectacles Allowance underscores the institution’s consideration for employees’ health, while Maid Allowance and Mobile Allowance cater to diverse aspects of personal and professional life. These allowances reflect RBI’s commitment to creating a supportive and enriching work environment, recognizing and addressing the multifaceted needs of its employees.

• Holistic Employee Support: Incorporating allowances beyond the salary structure, RBI Grade B ensures a holistic approach to employee support. The organization’s provision of Fuel Allowance, Briefcase Allowance, Spectacles Allowance, Maid Allowance, and Mobile Allowance goes beyond financial considerations, encompassing various facets of employees’ lives. This holistic support reinforces the institution’s commitment to employee well-being, fostering a conducive and enriching work environment for RBI Grade B officers.

High-Paying Govt. Jobs: SEBI Grade A

SEBI Grade A Officers receive a competitive compensation package that evolves over the course of their service. Commencing with a basic salary of ₹44,500 in the first year, the pay scale undergoes incremental adjustments with four annual increments of ₹2,500 each. After five years, the basic pay rises to ₹54,500, followed by annual increments of ₹2,850 from the 6th to the 12th year. Subsequently, over the next four years, the basic pay reaches ₹85,850 with increments of ₹2,850. The final increment of ₹3,300 concludes the 17-year service tenure, establishing the ultimate basic salary at ₹89,150. The overall gross monthly salary for SEBI Grade A Officers approximates ₹1,35,000, reflecting the culmination of these progressive adjustments in the pay scale.

SEBI Grade A Officer Allowances

SEBI Grade A salary is quite lucrative and has a spectrum of allowances tailored to acknowledge their expertise, geographical challenges, and personal needs. These allowances, from Special Pay to Family Allowance, supplement the officers’ earnings, recognizing their diverse responsibilities and circumstances. This overview delves into the array of allowances, including those addressing specialized roles, cost-of-living adjustments, location-based considerations, professional development, and personal and family support, illustrating SEBI’s comprehensive approach to employee well-being and compensation.

• Specialized Allowances: SEBI Grade A Officers are entitled to various specialized allowances to enhance their overall compensation. This includes Special Pay, reflecting additional remuneration for specific roles or expertise. Special Functional Pay is designed to acknowledge officers in distinct functional areas, recognizing their specialized contributions. These allowances go beyond the basic salary, tailoring the compensation package to the unique responsibilities and skills of Grade A Officers.

• Cost-of-Living Adjustments: To address the changing cost of living, SEBI Grade A Officers receive Dearness Allowance, ensuring their earnings keep pace with inflation. The Special Compensatory Allowance further accounts for specific challenges or conditions associated with the officer’s posting, providing financial support in varied work environments.

• Location-Based Allowances: SEBI Grade A Officers benefit from allowances considering their geographical location. This includes Local Allowance, acknowledging expenses related to the officer’s immediate surroundings, and City Compensatory Allowance, which accounts for the distinctive cost of living in metropolitan areas.

• Professional Development Support: Grade Allowance and Learning Allowance underscore SEBI’s commitment to the professional growth of its officers. These allowances motivate continuous learning and development, fostering a culture of expertise and excellence within the organization.

• Personal and Family Support: SEBI Grade A Officers receive Personal Fixed Allowance, recognizing individual needs and preferences. Additionally, Family Allowance is extended to address the financial aspects associated with family responsibilities, contributing to the overall well-being of officers and their families. Additional information can be found on the organization’s official website for a comprehensive understanding of SEBI Grade A salary and allowances.

Other High-Paying Government Jobs

Beyond the prestigious roles of SEBI Grade A and RBI Grade B, numerous highest paying government positions in India offer lucrative career paths. While some roles may start with relatively lower basic pay, the potential for substantial earnings, often exceeding ₹2 lakh per month, becomes evident with accumulated experience and promotions.

It’s crucial to note that the figures provided in the table below serve as a foundational reference, subject to variations based on factors such as rank, professional experience, and alterations in government regulations. These opportunities present attractive financial prospects and avenues for career progression, making them sought-after choices for individuals aspiring to build both a prosperous and fulfilling professional life in the public sector.

Exam Prep with ixamBee

Unlock the path to a regal professional life with ixamBee’s comprehensive resources, specifically designed for aspiring candidates preparing for RBI Grade B, SEBI, and NABARD exams. Dive into many online courses tailored to hone your skills and enhance your exam readiness. ixamBee doesn’t just stop at courses; aspiring recruits can access a treasure trove of mock tests, previous year papers, and additional facilities crucial for exam success. Whether you are eyeing a career as an RBI Grade B Officer, aiming for a position with SEBI, or aspiring to join NABARD, ixamBee’s offerings provide a strategic roadmap for success. Waste no time – visit our website today, kickstart your preparation, and pave the way for a royal career in government jobs.

Summing Up

Embark on a journey towards top government jobs in India, with insights into the highest-paying roles such as RBI Grade B and SEBI Grade A. Beyond competitive salaries, delve into detailed pay scales and allowances, understanding the holistic compensation packages offered. For those aspiring to excel in these esteemed positions, ixamBee provides tailored online courses, mock tests, and resources, facilitating a comprehensive preparation journey. Seize the opportunity to pave the way for a prosperous and fulfilling career in government employment.

To help you prepare 50% faster for competitive exams, ixamBee provides a free Mock Test Series and all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI Grade B, NABARD, and Other Government Jobs.

Also Read

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The post Highest Paying Government Jobs in India That Pay ₹2 Lakh /month appeared first on ixambee.

When we consider a career, the salary that we will draw is one of the first things that come to our mind. The case is no different for government jobs with prestigious organizations like SEBI, RBI, NIACL, SBI and others. In this article, we will discuss an RBI Grade B Officer’s salary as per the 7^th Pay Commission revised in 2021.

Read on below to learn all the details about the RBI Manager Salary After 7th Pay Commission, RBI Grade B perks & allowances and all related information.

What is the 7^th Pay Commission?

The 7^th Pay Commission outlines the structure of salary and other perks & emoluments received by government employees in India. It was formed in 2014. Therefore, the salary of an RBI Grade B Officer that we will discuss below are as per the 7^th Pay Commission.

Salary of an RBI Grade B Officer

Before delving further, please note, the RBI revised the salary of its employees in 2021. All details provided below are as per the RBI Grade B revised salary.

• Basic Pay: ₹55,200 
• Pay Scale: ₹55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750
• Gross Monthly Emoluments: ₹1,16,684.

RBI Salary Structure

The RBI Grade B Salary Structure is depicted by the pay scale below.

RBI Grade B Pay Scale: ₹55200-2850(9)-80850-EB-2850(2)-86550-3300(4)-99750

• The aforementioned pay scale shows that a Grade B Officer’s basic salary at the beginning of service will be ₹55,200 with an increment of ₹2,850 for 9 years.
• After this, there will be an increment of ₹2850 for the next 2 years with the basic pay now standing at ₹80,850.
• A third increment of ₹3,300 will be received after completing another 4 years of service with the RBI.
• Now, the basic pay will be ₹86,550. 
• On completion of 15 years of service at the RBI, the highest basic pay of an RBI Grade B Officer will be ₹99,750. 

Also read: Life of an RBI Grade B Officer

RBI Grade B Salary Slip

In the video below, Susheel Sir has made a detailed analysis of the RBI Salary slip after revision in 2021. Watch the video below to learn about all the latest updates.

Also read: X-Factors to Crack RBI Grade B 2022 Exam

RBI Grade B Perks & Benefits

Let us learn about the RBI Grade B Perks and allowances that officers enjoy. Please note, some allowances are received as part of the salary and some are received beyond it.

Study with ixamBee

If you too want to enjoy the prestigious lifestyle of an RBI Grade B Officer, there is no time like the present to begin working towards achieving your dreams. Start preparing for the RBI Grade B 2022 exam with ixamBee’s RBI Grade B Comprehensive Online Course to ace the exam and become a Grade B Officer at the RBI.

Previous Years Topic Wise Analysis for RBI Grade B Phase 2

Also, before you go, take a free RBI Grade B mock test with ixamBee!!

We wish you the best always.

At ixamBee you can find a number of Online Courses, GK updates in the form of BeePedia, as well as latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD and Other Government Jobs.

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