RBI Releases Grade B Job Vacancy 2024 | Know About Application and Eligibility
Updated: 28-01-2025 at 6:30 AM
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The Reserve Bank of India is the apex banking authority in the country responsible for regulating matters like currency, forex, and others. It is a central banking authority, primarily located in Delhi with 19 regional branches in different states across India.
Recently, RBI released a call for applications for certain job posts. Let us look at the details!
Overview
| Recruitment | RBI Grade B Job Recruitment 2024 |
|---|---|
| Regulatory Body | Reserve Bank of India |
| Posts | Officers in Grade ‘B’ |
| Total Vacancies | 127 (109 General + 11 DEPR + 7 DSIM) |
| Eligibility | Bachelor’s degree and aged between 21 to 30 |
| Selection Process | Prelims + Mains + Interview |
| Salary structure | Rs. 55,200 - Rs. 1,08,000 |
What Is RBI Grade B Job Recruitment 2024?
RBI Grade B Job Recruitment 2024 is a competitive exam conducted by the Reserve Bank of India (RBI) to recruit Officers in Grade ‘B’ across various departments like General, DEPR (Department of Economic Policy and Policy Research), and DSIM (Department of Statistics and Information Management). The recruitment offers multiple vacancies across categories such as unreserved, SC, ST, OBC, and EWS. The selection process involves rigorous exams and interviews, and the selected candidates play key roles in RBI’s regulatory and policy-making activities.
Benefits
There are numerous benefits associated with the RBI Grade B Job Recruitment 2024. Some of the key benefits are:
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Attractive salary package: RBI Grade B Officers receive a starting basic pay of Rs. 55,200 per month along with various allowances.
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Job security: As RBI is a central bank, it provides employees with excellent job security and stability.
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Pension benefits: RBI Grade B Officers are entitled to a well-structured pension plan under the National Pension System (NPS) and other retirement benefits.
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Health and medical benefits: Officers and their families can access medical coverage including outpatient treatment and hospitalisation.
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Career growth: RBI Grade B Officers offer internal promotions, training programs, and other such opportunities for the officers to grow professionally.
Salary Benefits
| Component | Amount |
|---|---|
| Basic Pay | Rs. 55,200 |
| Dearness Allowance (DA) | 38% of basic pay |
| House Rent Allowance (HRA) | 8% to 24% based on posted location |
| City Compensatory Allowance (CCA) | 3% or 4% of basic pay based on posted location |
| Special allowances | Various allowances such as Grade Allowance, Local Compensatory Allowance, etc. |
| Gross monthly salary | Rs. 1,08,000 to Rs. 1,25,000 |
Current Job Openings
The job posts along with their details regarding available posts for each category are given below:
| Post | Unreserved | SC | ST | OBC | EWS |
|---|---|---|---|---|---|
| General (DR) | 109 | 32 | 15 | 59 | 23 |
| DEPR | 11 | 4 | 5 (3) | 8 | 3 |
| DSIM | 7 | 7 (4) | 5 (4) | 4 | 2 |
| The job screening will be done through phases of qualification screening, written examination, and interview. |
What Is The Eligibility Criteria?
The eligibility criteria include various persons. Let us look at its details! A candidate must be a:
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citizen of India, or
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a subject of Nepal, or
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a subject of Bhutan, or
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a Tibetan refugee who came over to India before 1st January 1962 to permanently settle in India, or
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a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam to permanently settle in India, or
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Eligibility certificates must be presented by those in reserved categories. OBCs in the creamy layer are not eligible to seek reserved seats and must apply through the general category.
What Is The Age Limit For RBI Jobs?
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A candidate must have attained the age of 21 years and must not have attained the age of 30 years on January 01, 2022.
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For candidates possessing M.Phil. and Ph.D. degrees, the maximum age limit will be 32 and 34 years.
Application Process
The application procedure is entirely in the online mode. It is given below:
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The applications can be made from 25th July to August 14, 2024, till 6 PM only.
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Visit the online application page.
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In case you are a first-timer with no registration, click on the ‘new registration’ option and register yourself.
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You will receive your login credentials.
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Keep documents such as ID proof, Address proof, passport-size photograph, and mark sheets handy.
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Fill in your details, upload the relevant documents, and click ‘save and apply’.
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Check for results a week after the closing of applications.
Documents Needed
Applicants need to submit a list of supporting documents to successfully apply for the exam. The list of documents is as follows:
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Proof of identity
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Birth certificate
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Educational mark sheets
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Caste certificate
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EWS or PwBD certificate (if needed)
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Experience Certificates
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Photographs
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Signature
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Domicile certificate
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No objection certificate
Tips To Prepare For RBI Grade B Job Recruitment 2024
Candidates can prepare for the RBI Grade B Job Recruitment 2024 by ensuring some key things such as:
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Strong foundation: Focus on core subjects like economics, finance, and management to excel in the examination.
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General awareness: Candidates need to be updated with current affairs, especially topics related to banking, finance, and govt. Policies.
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Practise mock tests: Attempt as many mock tests as you can to understand the style of questions.
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Time management: Create a schedule and stick to it to maintain consistency.
Conclusion
RBI Jobs 2024 will provide the youth with an exceptional platform to realise their potential. It is a highly regarded and well-paying job. You can access the details of this job application here.
For more job updates, and information about government schemes, stay connected with Jaagruk Bharat.
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