Best RBI Grade B Coaching Institute in Chennai

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Looking for the best RBI Grade B Coaching Institute in Chennai? Then, Enroll with NESTO – Leading  RBI Grade B Coaching Institute in T.Nagar, Chennai. Prepare and master complete syllabus and exam pattern of RBI Grade B along with best practices, orientation from Banking Professionals. To know more about RBI Grade B Coaching, Register for a Counselling Session +91 9884565013

RBI Bank coaching center in T-Nagar, Chennai

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Course Highlights

Course Highlights and join NESTO RBI Grade B COACHING in T.Nagar, Chennai

  • Unlimited classes till they clear the exam
  • Excellent study material will be provided
  • Online and offline mock test
  • Special focus on Banking awareness
  • Doubt clearing session
  • Guidance and information about the exam
  • Regular update of the new exam notifications
  • Mock Interviews conducted with experts in such fields
  • Additional Hard level problems practice based on RBI Exam standard
  • Additional study materials for Economics and social management

Eligibility Criteria

Candidates are required to follow the given criteria to be eligible for RBI Grade B Exam:
  • Must be a citizen of India
  • Must be a subject of Nepal
  • Must be a subject of Bhutan
  • Must be a Tibetan Refugee who came to India before 1st January 1962 who has the intention of settling permanently in India.
  • A person of Indian origin migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India

Age Criteria: RBI has defined minimum age criteria for appearing in the RBI Officer (Grade ‘B’) examination. Candidates are required to be aged between 21 years and 30 years (both age included) to apply for RBI Grade B exam.

Age Relaxation: Candidates, who belong to the reserved category will be provided relaxation in their upper age as per the rules decided by the Board.

Age Relaxation:
CategoryAge relaxation
SC/ST5 years
OBC3 years
Physically Handicapped10 years
PH + OBC13 years
PH + SC/ST15 years

RBI Grade B Exam Pattern

RBI Grade B 2018 Exam is conducted in three phases:

  • Phase-I exam
  • phase-II exam and
  • interview process

Candidates are required to clear all the three phases in order to get a confirmed post as a Grade B Officer in Reserve Bank of India.

RBI Grade B Exam Pattern Prelims
Serial NumberSection AskedNo. of QuestionsMaximum MarksDuration
1.General Awareness8080Composite time of 2 hours
2.Quantitative Aptitude3030
3.English Language3030
4.Reasoning6060
 Total200200
RBI Grade B Exam Pattern Mains

Serial NumberSection AskedPaper TypeMaximum MarksDuration1.Economics and Social IssuesObjective10090 minutes2.Paper II English (Writing Skills)Descriptive (to be typed with the help of keyboard)10090 minutes3.Paper III Finance & ManagementObjective Type10090 minutes

RBI Grade B Officer Interview Process

Candidates will be shortlisted for the interview, based on aggregate marks obtained in Paper-I, Paper-II and Paper-III of Phase II exam. Interview Process will carry 50 marks.

Have Queries? Talk to our RBI Grade B Coaching Career Counsellor
for more Guidance on Next Batch, RBI Grade B Coaching Fees etc.

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Trainers' Profile

Features

Proven Training Expertise

Learning with experts takes care of 50% of needed preparation.

Rigorous Coaching & Practice

With Practice, anything is possible. We teach and help our students to apply.

Flexible Learning Modes

Online or Offline – Whatever that works for you, we can accommodate.

Most Affordable Fees

Our fee structure is by far the most affordable and compatible, which makes us the best institute in Chennai.

Practical Curriculum

We have the most pragmatic learning curriculum that has been tuned with multiple years of research and expertise.

Interview Preparation

Beyond entrance exam preparation our faculty help students gain confidence in clearing next round of interviews.

FAQs

RBI Grade B officers currently get a monthly salary of INR 83254/-, with basic pay of INR 55,200/-. Moreover, the Grade B officers are also entitled to receive other perks & benefits such as Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance.

RBI Grade B Salary: RBI Grade B is the Managerial Profile for Officers in Grade B (General) – DR, DEPR, and DSIM in the Common Seniority Group (CSG). The salary and job profile in RBI are the most lucrative aspects of this examination. As per the available information, the RBI Grade B gross salary is Rs. 1,08,404.

Candidates who successfully qualify in the phase I exam called for the phase II exam. Candidates, based on their phase II exam score, are called for an interview. The final selection of candidates is made based on their performance in the main exam and interview.

Just exceptional candidates make it to the top, where they are appointed as Executive Director or Deputy Governor. Most Grade B Officers, on the other hand, retire as Chief General Managers on average which is no small achievement.

The RBI Assistant comes under the Central Government post. The candidates can enjoy all the benefits given to all the employees who work under the Central Government. The RBI Assistant Salary is paid as per the 7th pay commission.

It is common knowledge that the RBI Grade B examination is one of the toughest examinations to crack in India. However, the good news is that it is not impossible. With the right competitive exam preparation, you can pass this exam successfully despite the immense competition.

Compared to SBI/IBPS POs, RBI Grade B Officers are way ahead. They get more salary, more perks, and allowances. In-Hand Salary (Approx.) The career growth opportunities or the chances to get the promotion to the next level are almost similar in both these profiles.

Coming to the salary of the RBI Grade B Officers, it is the best among all the other government or banking jobs in the country. At present, the salary of the RBI Grade B officer is Rs. 77000/-(approx.).

The final selection for RBI Grade B Exam will be made on the basis of the marks secured by you in Phase II or Mains Exam and Interview. Hence, you need to obtain a high score in the RBI Grade B Mains Exam as well as the Interview round.

The highest-paying job at Reserve Bank Of India is a Deputy General Manager with a salary of ₹54.5 Lakhs per year. The top 10% of employees earn more than ₹30 lakhs per year. The top 1% earn more than a whopping ₹94.08 lakhs per year.

Work related to market regulation and development, data analysis & research; preparation of oversight/ surveillance reports. Financial Markets Operation Department: Work related to financial market development, data analysis, etc.

RBI Assistant is the entry-level post. After the five years of service, selected candidates as assistants will be able to get promotions as given below: Scale 1 – Officer/Assistant Manager, Grade -A.

Yes, it is possible to clear the RBI Grade B exam in first attempt if candidates prepare with the right strategy.

The lucrative salary offered by RBI to its employees is a major reason for lakhs of aspirants to appear in the exam. RBI Grade B officer is one of the most prestigious job profiles for those who want to work in the banking sector of India.

A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

To appear for RBI Grade B exam, candidates must not be less than 21 years of age, and the maximum bar for RBI grade B age limit differs for candidates belonging to different reserved categories. Such as 3, 5, 10,13 and 15 years for OBC, SC/ST, PH, PH + OBC and PH + SC/ST, respectively.

RBI Grade B Study material – NCERT + Ramesh Singh. This area should take a maximum of 5–7 days, studying 3–4 hours every day. There are 4–5 questions asked directly from concepts of macroeconomics and therefore this area becomes important in ESI.

This was changed in the 2020-21 Grade B recruitment and is carried forward. Now the minimum requirement is at least 60% marks in Graduation or 55% marks in Post-Graduation. The clause about having a minimum of 60% in the 10th and 12th mark sheets has been scrapped.

In RBI Grade B mains, if you read books and study Finance Management and Economics, you can easily pass the RBI officer exam. You should combine good mentorship, peer support and constant practice to master each topic in the RBI exam syllabus.

Promotions are given to the Grade B employees to various new designations like the manager, assistant manager, general manager, deputy general manager, assistant general manager, principal chief general manager, executive director, deputy governor and governor of the RBI.

After selection as Grade B Officer in RBI, candidates undergo a training period of 15 weeks. The total probation period for RBI Grade B is 2 years. Candidates are allotted to various departments of the bank after the training period.

Since RBI Grade B is a very challenging job to achieve so it is very important that a candidate do not miss any details about it. As the online written phase is already over and the interview phase is remaining so a candidate must be aware of all the RBI Grade B Interview centre.

The time duration of the RBI Grade B Phase-I exam is 1.5 hours (120 minutes). The initial two phases – Prelims (Phase 1) and Mains Exam (Phase 2) are computer-based written exams.

The office hours of RBI Grade B Officer are 10 a.m. to 6 p.m. The working enviroment of tension free and very friendly for the your growth. Officers have to work five days in a week.

Ideally, you need at least 8-10 months for RBI Grade B Preparation. It will also depend on how much time you can devote to the preparation. Analyze your strengths and weaknesses in the syllabus, make your study plan and stick to it. Be consistent and disciplined with your preparation.

RBI Grade B Salary: RBI Grade B is the Managerial Profile for Officers in Grade B (General) – DR, DEPR, and DSIM in the Common Seniority Group (CSG). The salary and job profile in RBI are the most lucrative aspects of this examination . As per the available information, the RBI Grade B gross salary is Rs. 1,08,404.

Just exceptional candidates make it to the top, where they are appointed as Executive Director or Deputy Governor. Most Grade B Officers, on the other hand, retire as Chief General Managers on average which is no small achievement.

Yes. The RBI Grade B exam is conducted every year to recruit officers into the Reserve Bank.

What is the transfer policy for RBI Grade B Officers? According to the RBI Grade B officer Transfer Policy, candidates may get transferred every three years.

The RBI Central office/headquarter is located in Mumbai. Besides, there are 31 Regional offices of RBI all across the country. Most of these offices are situated in metro cities or at least big cities- Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Lucknow, Nagpur, Ahmedabad and others.

There is no major change in the topics of the RBI Assistant and SBI Clerk syllabus but yes, there is difference in the difficulty level of the both.

So, even if you are a fresher with no exposure to banking/finance or economics, a strategic preparation can help you crack the RBI Grade-B exam. If you still feel intimidated by the vast syllabus, you can rely on us with your RBI Grade-B preparation.

RBI conducts the RBI Grade B General Exam in three phases, i.e. Phase I, Phase II, and Interview round and in two phases for DEPR/DSIM i.e. online exam and interview. To successfully crack the RBI Grade B, all the aspirants need to be well versed with the exam pattern of the concerned examination.

A total of Rs. 850/- is the application fee to be paid by candidates belonging to the General and OBC category for RBI Grade B exam. The same amount is reduced to Rs. 100/- for candidates belonging to SC/ST/PWD category.

Students can attend the classes on weekdays and also weekends in both regular mode and online mode.
NESTO Bank Exam Training Center offers result-oriented Bank Exam Training at one of the lowest fees.

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