Nearly 200 high-paying officer-level jobs have opened up at the Reserve Bank of India

• India’s largest Reserve Bank of India (RBI) has put out an official notification for recruitment of Officers in Grade B.
  
• As many as 199 vacant positions are there in the Department of Economic and Policy Research and Department of Statistics and Information Management.
  
• The bank will offer a starting salary of ₹35,150 per month. In the case of candidates with high academic qualification or a prior experience in banking, the bank may extend upto four advance increments to its employees.
  
• Other perks include Bank's accommodation, reimbursement for vehicle maintenance, phone bills, newspaper among others.

The Reserve Bank of India (RBI) has put out an official notification for recruitment of Officers in Grade B. With this, the central bank plans to hire for as many as 199 vacant positions. This includes vacancies in the Department of Economic and Policy Research (DEPR) and Department of Statistics and Information Management (DSIM).

The interested professionals can apply on the official website of Reserve Bank of India and the last date to apply is October 11.

The candidates shall be posted across locations in India, depending on the requirements.

The selected candidates will be a part of Combined Seniority Group, which will decide the ranking according to the seniority levels of the Officers.

Salary and other perks

The bank will offer a starting salary of ₹35,150 per month. However, in the case of candidates with high academic qualification or a prior experience in banking, the bank may extend upto four advance increments to its employees.

Other than that, the hired candidates will also be eligible for dearness allowance, local allowance, house rent allowance, family allowance, and grade allowance as per the bank’s policy. The employees also have the flexibility to opt for residential accommodation on lease.

The selected candidates will also be a part of government’s New Pension Scheme (NPS). Other perks include Bank's accommodation, reimbursement for vehicle maintenance, phone bills, newspaper among others. The bank also provides its employees a Leave Fare Concession (LFC) that renews every two years.

Age and eligibility

The candidates applying for the vacancies at the bank must be aged between 21-30 years. However, the upper age limit may be relaxed for reserved categories.

The minimum educational qualification of a candidate applying for the post of Officers in Grade 'B' General is a bachelor’s degree with at least 60% marks.

While for the Officers in Grade 'B' (DR) - DSIM will require a postgraduate degree in Statistics, Mathematical Economics, Econometrics or Statistics & Informatics from elite institutions including IIT-Kharagpur, IIT-Bombay. The applicant can also be a postgraduate from Indian Statistical Institute with a minimum of 55% marks.