Wednesday, May 03, 2017
It is been a tough task to get hired in any of the public sector banks in India which includes some sturdy screening process. When comes to RBI recruitment, be with a part of it is a great honor also and that is one of the reasons why RBI’s assistant recruitment owns more popularity than the other similar ones like IBPS and SBI clerical. RBI Grade B officer recruitment is the other one which candidates keenly looking forward to not only because the name RBI but also the salary scale which RBI provides for this posts, It is almost 64k( which was 54k) Indian rupees which includes all the allowances, we have detailed the pay scale below.
RBI conducts Grade B officer recruitment once in every year, but with lesser number of vacancies when compared to other public sector bank hiring. It is a little bit different from the other recruitment process that it has following a 2-tier examination process where the others have only one, but from the previous year onwards IBPS walk behind with the same for their Clerical and PO. We are here to provide the complete details regarding RBI Grade B officer recruitment which includes Grade B eligibility, online application etc. No need to go anywhere else to keep updated about RBI Grade B.
When Is The Next RBI Grade B Recruitment In 2017 ?
Note: RBI has been officially announced the notification for their Grade B recruitment for the year 2017 and the online registrations are started today on May 3rd and will get closed on 23rd of May. Online application link and other details are given below.
As we mentioned earlier, Grade B officer recruitment will be conducted once in an year, but RBI will not foretell the examination dates and the other ones earlier. After watching the previous recruitment process, Grade B notification will be released after the 2nd quarter of the year, that means probably in the month of August or September. Don’t count this as the exact, just take it as an expected. Be with www.rbirecruitment.org we will keep you updated.
IMPORTANT DATES
How Much Is The Salary (Pay Scale) Offered ?
(i) Pay Scale: Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 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 approximately Rs. 67,933/-(approx.).
Note: For candidates possessing very high academic or professional qualification / experience of significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance increments. The Board, at its sole discretion, may consider requests for higher emoluments on account of higher qualification/special experience of value to the Bank at the interview stage only. Such information may be furnished in the Bio-data Form in the appropriate column. The number of maximum increments will be four. The Board/Bank will not entertain any request received after the interview.
(ii) Seniority: Candidates selected from separate recruitments for the post of Officer in Gr. B (DR) for General, DEPR, DSIM streams will join the Common Seniority Group and the seniority among these Officers will be fixed according to the ranking worked out by using the standard percentile score of aggregate marks of selected candidates.
(iii) Perquisites: Bank’s accommodation subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. as per eligibility. Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility. Interest free festival advance, Leave Fare Concession (once in two years for self, spouse and eligible dependents). Loans and Advances at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc. Selected candidates will be governed by 'the defined contribution New Pension Scheme (NPS)', in addition to the benefit of Gratuity.
(iv) At certain centres, limited number of residential quarters are available. Facility for securing residential accommodation on lease, however, exists at all centres.
(v) Initial appointment will be on probation for a period of two years. At Bank’s discretion, the probationary period may be extended upto a maximum period of four years.
(vi) There are reasonable prospects for promotion to higher grades.
(vii) Selected candidates are liable to be posted and transferred anywhere in India
Before start preparing for RBI Grade B exams, make sure that you are eligible or not for the recruitment. Just a bachelor degree is not enough for RBI Grade B Officer posts, that is what the minimum criteria required for many others.
Are You Eligible ?
Educational Qualifications and Minimum CGPA recquired.
I. Nationality: a candidate must be either:—
- a citizen of India, or
- a subject of Nepal, or
- a subject of Bhutan, or
- a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India, or
- 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 with the intention of permanently settling in India.
Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
A candidate in whose case a certificate of eligibility is necessary, may be admitted to the examination but the offer of appointment may be given only after the necessary eligibility certificate has been issued to him/her by the Government of India.
II. Age Limits:
1. A candidate must have attained the age of 21 years and must not have attained the age of 30 years on the 1st of May, 2017 i.e., he/she must have been born not earlier than 2nd May, 1987 and not later than 1st May, 1996. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively.
2. The upper age-limit prescribed above will be relaxable:
(i) up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them;
(ii) up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them;
(iii) up to a maximum of five years for ex-employees of banking institutions whose services had to be terminated for reasons of economy or as a result of bank going into liquidation and personnel retrenched from Government Offices after at least one year's service and currently registered with Employment Exchange,
(iv) up to a maximum of five years if a candidate had ordinarily been domiciled in the State of Jammu and Kashmir during the period from the 1st January, 1980 to the 31st day of December, 1989;
(v) up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service as on 1st May, 2017 and have been released;
- on completion of assignment (including those whose assignment is due to be completed within one year from 1st May, 2017 otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or
- on account of physical disability attributable to Military Service; or
- on invalidment.
(vi) up to a maximum of five years in the case of ECOs/SSCOs who have completed an initial period of assignment of five years of Military Service as on 1st May, 2017 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months’ notice on selection from the date of receipt of offer of appointment.
(vii) up to a maximum of 10 years in the case of Persons with Disabilities.
(viii) For candidates having experience as an officer in Commercial Bank/Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of completed years of such experience subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned.
(ix) For eligible staff candidates the relaxation in age limit is according to RBI circular CO. HRMD. No. G-75/ 5599/ 05.01.01/ 2013-2014 dated December 20, 2013.
(x) For recruitment to the post of Gr. B (DR)-DEPR/DSIM candidates having Master’s Degree with Research/Teaching experience at a recognised Indian/Foreign University/Institute will be eligible for relaxation in upper age to the extent of number of years of such experience subject to a maximum of three years. For experience, probationary period will not be reckoned.
Note I:—Candidates belonging to the Scheduled Castes and the Scheduled Tribes and the Other Backward Classes who are also covered under any other clauses of Rule II (b) above, viz. those coming under the category of Ex-servicemen, persons domiciled in the State of J & K, Persons with Disabilities etc. will be eligible for grant of cumulative age-relaxation under both the categories.
Note II:—The term Ex-servicemen will apply to the persons who are defined as Ex-servicemen in the Ex-servicemen (Re-employment in Civil Services and Posts) Rules, 1979, as amended from time to time.
Note III:—The age concession under Rule II (b) (v) and (vi) will not be admissible to Ex-servicemen and Commissioned Officers including ECOs/SSCOs, who are released on own request.
Note IV:—Notwithstanding the provision of age relaxation under Rule II (b)(vii) above, a physically disabled candidate will be considered to be eligible for appointment only if he/she (after such physical examination as the Bank, may prescribe) is found to satisfy the requirements of physical and medical standards for the concerned Services/Posts to be allocated to the physically disabled candidates by the Bank.
III. Minimum Educational Qualifications : The following minimum educational qualifications are prescribed for the posts:
| Post | Minimum Educational Qualifications (as on 01-05-2017): |
| 1. Officers in Grade 'B' (DR) - (General) |
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| 2. Officers in Grade 'B' (DR) - DEPR |
Essential:
Note: SC,ST and PWD candidates having second class with a minimum of 50% marks or equivalent grade in aggregate of all semesters / years in Master's Degree examination or equivalent recognized qualifications are eligible to apply.
Desirable: A Doctorate Degree in Economics or research or teaching experience in Economics or publications in standard journals would be considered as an additional qualification.
Candidates having M.Phil. Degree and Doctorate Degree from a recognized Indian/Foreign University/Institute in the specified subjects will be eligible for relaxation in the upper age limit by 2 year and 4 years respectively.
|
| 3. Officers in Grade 'B' (DR) - DSIM |
Essential:
NOTE: For SC, ST and PWD candidates, the minimum marks required in Master's Degree as in items a, b, c and d above is 50% or an equivalent grade in aggregate of all semesters/ years.
Desirable: (i) Candidates with a Doctorate in topics related to above subjects will be given preference. (ii) Research or teaching experience and publication in standard journals will be considered as an additional qualification.
Note:
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Note 1: The candidate must hold a degree of any of Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University Under Section-3 of the University Grants Commission Act, 1956, or possess an equivalent qualification from a foreign university recognized by the Association of Indian Universities.
Note 2: Some Universities/Institutes/Boards do not award Class or percentage of marks and allot Aggregate Grade Points (e.g. CGPA/OGPA/CPI, etc.). In case University/Institute/Board defines criteria for conversion of Aggregate Grade Point into percentage of marks, the same will be accepted. However, where the University/ Institute/ Board does not define criteria for conversion of Aggregate Grade Point into percentage of marks, in the degree/passing certificates, the undefined parameter(s) would be worked out as under:
| Equivalent CGPA/OGPA/CPI or similar terminologies allotted on a 10 point scale | Aggregate Percentage of Marks |
| 6.75 | 60% |
| 6.25 | 55% |
| 5.75 | 50% |
Note 3: Aggregate Grade Point or percentage of marks where awarded would mean aggregate over the entire duration of the course.
Note 4: Where the Aggregate Grade Point (CGPA/OGPA/CPI, etc.) is awarded out of a number other than 10, it will be normalized out of 10 and computed as per Note 2 above.
IV. Number of Attempts: Candidates belonging to unreserved i.e. General Category, who have already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.
Interesting aspect is that those who are doing their M.Phil. and Ph.D can also apply for this post with an addition of 2 and 4 years to the upper age limit respectively. You might be aware that in every recruitment notification there should be an eligibility date, Grade B Officer recruitment has also one, will be updated once RBI officially announced the notification. Please keep in mind that those who are in General Category attempted this exam for 6 times will be no more eligible to write again. Vacancy will probably be in between 125-150 which include reservations also, that is what the previous RBI recruitment says. There is no restriction to write this RBI exam even if you do meet with the eligibility criteria provided, document verification will be done along with the final phase (Interview).
If you want to know RBI Grade B syllabus in detail for the year 2017, here it is.
We are getting some queries regarding which are the best practice books available to prepare for RBI grade B examinations 2017. Below we are providing quite a few which are good for RBI Grade B exams.
How To Apply Online ?
Online Application Form (Online registrations started on May 3rd and will be closed on 23rd of May)
Important Dates To Be Remembered for RBI Grade B Recruitment 2017
Note:*For those who are already registered and waiting to get your admit card downloaded, here is the official RBI link to download your admission letters for the applied examination. And if you are looking for the examination results, its here.
Once RBI released the notification officially and when the registration starts, the link mentioned above will be live. It will direct you to a registration page. Register it properly with valid E-mail and contact number, for the further process those will be needed. Keep in mind that while filling the form, do it correctly as written in your certificates/mark sheets. Once you filled the form, verify it again and then click on the Final Submit button. As the next step you will be asked to pay the fee. Fee payment details are given below.
If you want to know more about this recruitment, we request you to download the advertisement PDF provides and since the notification for the year 2017 has not been published, we are providing the previous recruitment file just for a reference.
Help facility is available for candidates who are registering for RBI Grade B recruitment 2017 from IBPS itself, before registering a complaint regarding the recruitment we request you to carefully read all the instructions given in the advertisement. Here is the Candidate Grievance Redressal System.
You might be interested to know about RBI Assistant recruitment for the year 2017. We provided the complete details of it.
