The pay scale for a newly recruited RBI Grade B officer starts with a basic salary of Rs. 35150 a month (Gross salary is around Rs. 77,000 in metro cities).
The basic salary increases by Rs. 1750 annually for the next nine years until the amount stands at Rs. 50900 a month. This new amount further increases to Rs. 54400 per month in the next two years, thanks to the annual increments of Rs. 1750.
And after 4 years of that, with Rs. 2000 increments per year, the final amount reaches Rs. 62400 per month. This is the pay scale of an officer, assuming he never accepts a promotion for a period of 15 years, which will seldom be the case.
To know more about the salaries of the RBI Grade B Officers with respect to the departmental hierarchy, click here.
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