RBI Grade B 2026 · Salary & pay level
RBI Grade B Salary 2026: Pay Level, Pay Scale and Post-wise Pay
RBI Grade B pay: Pay scale ₹78,450-4,050(9)-1,14,900-EB-4,050(2)-1,23,000-4,650(4)-1,41,600 (16 years); starting basic pay ₹78,450 per month, as per the official notice published 29 April 2026. Allowances are paid on top of basic pay.
Pay level and pay scale for each post, as printed in the official notice. Allowances are paid on top of basic pay at government rates; no in-hand figure is guessed here.
RBI Grade B pay scale and benefits
The notice prints the Grade 'B' pay scale as ₹78,450-4,050(9)-1,14,900-EB-4,050(2)-1,23,000-4,650(4)-1,41,600 (16 years). The starting basic pay is ₹78,450 per month.
The notice says officers are eligible for Special Allowance, Grade Allowance, Dearness Allowance, Local Compensatory Allowance, Special Grade Allowance and Learning Allowance as per rules, and that initial gross emoluments are about ₹1,54,936 per month, not counting House Rent Allowance. House Rent Allowance is 15% of pay, paid only if the Bank does not give you accommodation. The notice does not print an in-hand figure, so none is shown here.
Up to four advance increments may be given for very high qualifications or experience that is of special value to the Bank. You ask for them in the Bio-data Form, and they are considered only at the interview.
- Perquisites listed in the notice: Bank accommodation (subject to availability), reimbursement for vehicle maintenance for official use, Knowledge Updation Allowance, telephone charges, furnishing allowance, free dispensary, medical reimbursement for OPD and hospital treatment, interest-free festival advance, leave fare concession once in two years, and concessional loans for housing, vehicle, education, consumer articles and personal computer.
- Pension: the Defined Contribution New Pension Scheme (NPS), compulsory for those joining on or after 1 January 2012; gratuity is paid in addition.
- Probation: two years, which the Bank may extend up to four years.
- Posting: selected officers can be posted and transferred anywhere in India.
Frequently asked questions
How many vacancies are there in RBI Grade B 2026?
60: 40 in the General cadre, 10 in DEPR and 10 in DSIM. By category: 24 GEN/UR, 6 EWS, 14 OBC, 11 SC and 5 ST.
What is the age limit for RBI Grade B 2026?
21 years to below 30 years as on 1 April 2026 (born from 2 April 1996 to 1 April 2005). The upper limit is 32 for M.Phil. holders and 34 for Ph.D. holders, with further relaxation for SC/ST, OBC, PwBD and other categories in the notice.
What qualification is needed for the RBI Grade B General cadre?
Graduation in any discipline with at least 60%, or post-graduation in any discipline with at least 55%. SC/ST/PwBD candidates need 50% in graduation or pass marks in post-graduation where posts are reserved for them.
Who can apply for RBI Grade B DEPR and DSIM?
DEPR: MA/MSc in Economics or Finance (or a course where either is the main part) with 55%. DSIM: Master's with 55% in Statistics, Mathematics, Econometrics, Data Science, AI, Machine Learning or related fields, or a four-year Bachelor's in these fields with 60%. You can apply for DEPR or DSIM, not both.
How many attempts are allowed in RBI Grade B?
General and EWS candidates who have already appeared six times in Phase-I cannot apply. There is no attempt limit for SC, ST, OBC and PwBD candidates where posts are reserved for them.
What is the RBI Grade B salary?
The pay scale is ₹78,450-4,050(9)-1,14,900-EB-4,050(2)-1,23,000-4,650(4)-1,41,600 (16 years), with a starting basic pay of ₹78,450 per month. The notice puts initial gross emoluments at about ₹1,54,936 per month, not counting HRA. It does not print an in-hand figure.
What is the RBI Grade B application fee?
₹850 plus 18% GST for GEN, OBC and EWS candidates, and ₹100 plus 18% GST for SC, ST and PwBD candidates. RBI staff pay nothing. The fee is not refunded.
What are the stages of RBI Grade B selection?
Phase-I examination, Phase-II examination and an interview of 75 marks. For the General cadre, Phase-I is one online paper of 200 marks in 120 minutes (General Awareness, English, Quantitative Aptitude, Reasoning) and Phase-II has three papers of 100 marks: Economic and Social Issues, English (Writing Skills) and General Finance and Management.
When were the RBI Grade B 2026 exams held?
The notice gave Phase-I on 13 June 2026 (General) and 14 June 2026 (DEPR and DSIM), and Phase-II on 25 July 2026 (General) and 26 July 2026 (DEPR and DSIM).