Anangsha PatraDeputy Manager – Editorial
NABARD Grade B recruitment is conducted to select candidates for the post of Manager in Grade ‘B’ in the Rural Development Banking Service (RDBS) in the National Bank for Agriculture and Rural Development (NABARD). The basic NABARD Grade B salary is INR 35,150. Candidates appearing for the NABARD Grade B exam must be aware of the NABARD Grade B salary, perks, allowances, career growth, etc. Here on this page, we have provided the salary structure of NABARD Grade B.
NABARD Grade B Salary: Basic Pay & Gross Emoluments
Selected candidates will get a starting basic pay of INR 35,150 per month. The payscale of NABARD Grade B is INR 35,150-1750 (9)-50900-EB-1750 (2)-54400-2000(4)-62400 (16 years). Candidates are also eligible for Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance. At present, the initial monthly Gross emoluments are approximately INR 78,000 per month.
NABARD Grade B Salary: Perquisites
- The accommodation of the bank is subject to availability
- Reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, telephone charges, book grant, allowance for furnishing of residence, etc. are provided to candidates
- Selected candidates are entitled to a free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalisation as per their eligibility
- Candidates are also provided Interest free Festival Advance, Leave Travel Concession, Loans, and Advances at concessional rates of interest for Housing, Car, Education of children, Consumer Articles, Personal Computer, etc.
- Candidates selected for the post of NABARD Grade B are governed by the defined contribution to the New Pension Scheme (NPS) besides the benefits of Gratuity and Optional Group Term Insurance Plan
- At certain centres, a limited number of residential quarters are available. The facility for securing residential accommodation on lease, however, exists at all centres
Probationary Period of NABARD Grade B Managers
Candidates selected for the post of NABARD Grade B Managers will be on probation for a period of two years, which may, at the Bank's discretion, be extended for a further period of one year. Selected candidates are liable to be posted and transferred anywhere in India.
NABARD Grade B: Job Profile
NABARD Grade B Managers are posted in rural areas where they work as Lead District Officers and monitor the flow of credit to agriculture and other priority sectors. The job profiles of NABARD Grade B are given below:
- Develop and maintain relationships with customers
- Develop and approve bank loans
- Monitor accounting procedures followed by the bank
- Ensure smooth functioning of the office and its employees
- Monitor several projects at the same time (multi-tasking)
- Coordinate with other departments & facilitate inter-departmental assignments
Read More:
NABARD Grade B Salary FAQs
Candidates can check below NABARD Grade B salary.
Q: What is the HRA of NABARD Grade B officers?
HRA is given to the NABARD officers who don't get accommodation from NABARD due to the limited number of flats. Accommodation facilities in almost all cities. However, accommodation is subject to availability.
Upvote 
Q: What is the total salary of NABARD Grade B?
The total salary of NABARD Grade B is INR 78,000. The basic salary of NABARD Grade B is INR 35,150. The structure of the basic salary is given below.
| Basic Salary as Per Year of Experience | Basic Salary Per Month |
| Basic Starting Salary | INR 35,150 Per month |
| Basic Salary After 9 Years | INR 50,900 Per month |
| Basic Salary After 9 + 2 Years | INR 54,400 Per month |
Upvote Q: What is the payscale of NABARD Grade B?
The payscale of NABARD Grade B Manager is INR 35150 - 1750 (9) - 50900 - EB - 1750 (2) - 54400 - 2000 (4) - 62400 (16 years). The salary is one of the most important parameters for applying for the exam. Candidates must be well aware of the salary inorder to know how much they will get if selected for the post.
Upvote Q: What is NABARD Grade B salary?
NABARD Grade B salary structure is given below.
| Description | Amount |
| Basic Salary | 38650.00 |
| Dearness Allow | 24996.00 |
| CCA/Local Allow | 1933.00 |
| Grade Allow | 6800.00 |
| Special Allow | 1800.00 |
| Family Allow | 1546.00 |
| Special Perq Allow | 4058.00 |
| SPA Cess | 122.00 |
| Total Earnings | 79905.00 |
Upvote Q: What is the Personal Allowance of NABARD Grade B officers?
The officers who were in the service of the National Bank as of 02 January 1996 are entitled to get a Personal Allowance worth INR 550 per month on completion of one year after reaching the maximum scale of pay. The employees in Group B get Family Allowance at the rate of 4 per cent of pay, up to a maximum of INR 700 per month.
Upvote Q: Do candidates selected through NABARD Grade B exam get a pension?
Yes, candidates selected through NABARD Grade B exam get a pension by the defined contribution to the New Pension Scheme (NPS) in addition to the benefits of Gratuity and Optional Group Term Insurance Plan.
Upvote Q: What NABARD B Job Profile and Responsibilities?
Some of the roles and responsibilities for NABARD Grade B Managers include:
- They are responsible for developing & maintaining cordial relationships with customers
- They are supposed to develop & approve bank loans.
- They look after all the accounting procedures followed by the bank.
- Ensure smooth functioning of the office and its employees
- Monitoring several projects simultaneously.
- They are responsible for coordinating with other departments & work on inter-departmental assignments.
Upvote Q: What are the allowances given to NABARD Grade B?
The allowances provided to NABARD Grade B are Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance.
Upvote Q: What is the process of posting for NABARD Grade B Managers?
Candidates selected through NABARD Grade B are liable to be posted and transferred anywhere in India. The working environment at NABARD is enlightened, cooperative, and purely bureaucratic. Appointed candidates are supposed to work five days a week, the weekends (Saturdays and Sundays) are off. Employees usually work in fixed office timings, from 9:30 am to 5:30 pm.
Upvote Q: What is the career growth of NABARD Grade A Officers?
NABARD Grade B Officers are eligible for promotions after giving different departmental exams and interview. Candidates get managerial promotions based on their performance within the bank. The hierarchy of posts beginning from the Manager rank is mentioned below:
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Director
Upvote Q: What is NABARD Grade B selection process?
NABARD Grade B selection process comprises prelims exam, Mains and interview. Candidates qualifying the prelims exam are called for the Mains exam. The marks obtained in the prelims exam are not counted for the final merit list. The final selection of candidates is done based on the Mains exam and interview.
Upvote Get all exam details, important updates and more.
NABARD Exam
Student Forum
Anything you would want to ask experts?