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Staff Welfare

RBI Staff Benefits Increased: Check Revised Medical, LFC, Travel, Mobile and Other Employee Perquisites

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The Reserve Bank of India (RBI) has announced a major revision in staff welfare benefits, employee perquisites, and allowances, offering higher reimbursement limits and improved facilities for officers and employees across all grades.

The revised package includes increases in medical reimbursement, meal coupons, education allowance, communication allowance, household help allowance, driver reimbursement, knowledge updation allowance, mobile phone facility, equipment maintenance allowance, official entertainment allowance, leave fare concession (LFC), travel allowance, air travel entitlement, furnishing of residence (FRO/FRE), attendant-cum-cook allowance, spectacles reimbursement, and several other employee benefits.

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Check the latest RBI staff benefits, RBI employee perks, RBI welfare scheme, RBI officer allowances, RBI salary benefits, revised reimbursement limits, grade-wise entitlements, and all changes approved for RBI employees in one place.

Reimbursement of Medical Expenses on Declaration Basis for Outdoor Treatment from Private Medical Practitioners for Officers (Per Annum)

GradeExisting AmountRevised Amount
Grade D, E & F₹29,000₹38,000
Grade C₹21,000₹28,000
Grade A & B₹17,000₹22,500

Reimbursement of Medical Expenses Incurred Under Private Treatment Scheme for Employees in Class III and IV (Per Annum)

ClassExisting AmountRevised Amount
Class III₹8,000₹10,500
Class IV₹7,500₹10,000

Meal Coupons

ClassExisting Amount (Per Day)Revised Amount (Per Day)
Officers₹250₹330
Workmen Staff₹180₹240

Per Day Meal Cost at Bank’s Officers’ Lounge and Dining Room (OLDR)

CategoryExisting AmountRevised Amount
Officers₹140₹180

Household Help, Upkeep and Maintenance Allowance (Per Month)

Class / GradeAmount (Per Month)
Grade F₹26,400
Grade D & E₹14,400
Grade A, B & C₹10,400
Class III – Gr D₹2,400
Class III – Gr A₹1,700

Education Allowance (Per Child Per Month)

ClassExisting AmountRevised Amount
Class I₹13,500₹16,300
Class III₹8,500₹10,300
Class IV₹5,500₹6,600

Communication Allowance (Per Month)

Grade / CategoryAmount (Per Month)
Officers in Grade F; GMs-in-Charge of Offices and EAs to Governor & DGs₹9,100
Officers in Grade D/E; PSs to Top Executives; Security Officers in Grade ‘C’; Officers in Grade ‘C’ (Technical or Non-Technical) heading Estate Departments at Regional Offices₹5,500
Officers in Grade C; Security Officers in Grade ‘A’ & ‘B’; Officers in Grade ‘A’ & ‘B’ attached to Data Centres, Premises Department, Central Office, or Estate Department at Regional Offices and looking after technical (electric and civil) work₹3,800
Officers in Grade B₹2,400
Officers in Grade A₹1,000

Reimbursement of Expenditure on Driver (Per Month)

Eligible Officers Posted AtExisting AmountRevised Amount
Mumbai and New Delhi₹25,000₹30,000
Bengaluru, Kolkata, Chennai & Hyderabad₹21,000₹25,500
Other Centres₹17,000₹21,500
Regional Directors (Other Centres), Principal of Training Establishments and CGM/GMs-in-Charge of Offices (Other Centres)₹21,000₹25,500

Knowledge Updation Allowance

The existing reimbursement of Internet/Data Charges has been merged into a Knowledge Updation Allowance. The combined allowance has been revised considering the current prices and subscription rates of newspapers, magazines, journals, digital subscriptions, and similar resources.

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Revised Class/Grade-wise Entitlement (Per Month)

Class / GradeAmount (Per Month)
Grade F₹12,500
Grade E₹12,000
Grade D₹9,500
Grade C₹8,000
Grade B₹5,300
Grade A₹4,200
Class III₹4,200
Class IV₹3,500

Allowance for Attendant-cum-Cook (Per Month)

GradeExisting AmountRevised Amount
Grade F₹10,000₹12,000

Furnishing of Residence for Officers (FRO) / Furnishing of Residence for Employees (FRE) Scheme

The FRO/FRE Scheme is meant to meet the cost of furnishing the residence of officers and employees. The following perquisites/allowances have been merged into the Furnishing of Residence of Officers/Employees (FRO/FRE) Scheme:

  1. Reimbursement towards the cost of air conditioner for Officers in Grade E and F, and provision of air conditioners at residence by the Bank for Officers in Grade F.
  2. Facility of PC with data-cum-fax modem at the residence for Officers in Grade F (₹1.69 lakh Scheme).
  3. Reimbursement towards the cost of e-book reader for Officers in Grade F.
  4. Briefcase allowance for all employees in Class III/IV and Officers in Grade A to F.

Revised Limits under the FRO/FRE Scheme

(Block Period – Five Years)

Class / GradeAmount
Grade F₹13,00,000
Grade E₹7,90,000
Grade D₹5,75,000
Grade C₹5,00,000
Grade B₹4,25,000
Grade A₹3,70,000
Class III – Group D₹1,90,000
Class III – Group A₹1,40,000
Class IV – Head₹1,20,000
Class IV – Senior and Base₹1,00,000

Mobile Phone Facility

(Amount Exclusive of GST)

Class / GradeAmount
Grade F₹95,000
Grade E, EA to Governor₹70,000
Grade D₹60,000
Grade C₹50,000
Grade B₹40,000
Grade A₹30,000
Class III & IV₹15,000

Reimbursement of Conveyance Expenses (Per Month)

a. Monthly Conveyance Reimbursement Entitlement

Class / GradeEntitlement Equivalent to Litres of Petrol
Grade F, General Manager-in-Charge of Offices310
Grade E250
Grade D210
Grade C180
Grade B150
Grade A150
Class III – Group D80
Class III – Group A55
Class IV – Head50
Class IV – Senior40
Class IV – Base30

b. Additional Entitlement for Employees Posted at Metro Centres (Per Month)

CentresClass / GradeAdditional Entitlement Equivalent to Litres of Petrol
MumbaiOfficers in Grade A to F50
MumbaiClass III & IV20
New Delhi, Kolkata, Chennai, Hyderabad and BengaluruOfficers in Grade A to F30
New Delhi, Kolkata, Chennai, Hyderabad and BengaluruClass III & IV10

Equipment Maintenance Allowance (Per Month)

Class / GradeAmount
Grade F₹9,000
Grade E₹7,000
Grade D₹6,000
Grade C₹4,000
Grade B₹2,000
Grade A₹1,200
Class III₹800
Class IV₹600

Reimbursement Towards Expenditure Incurred on Official Entertainment

(Block Period – Annual)

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Class / GradeAmount
All Officers in Grade F / Officers-in-Charge of Offices / Rajbhasha Vibhag / Secretary, RBI Services Board / Security Adviser & Executive Assistant to Governor₹80,000
All Officers in Grade E / D, Executive Assistants to Deputy Governors₹50,000
All Officers in Grade C₹27,000
Officers-in-Charge of Regional Units / Cells of COOs, Officers of Market Intelligence Cell (C.O.), Private Secretaries & P&SOs in Grade B / A, Officers in Grade B / A from the general side specially assigned liaison work by ROs, COOs and Colleges₹24,000

Reimbursement Limit for Cost of Spectacles and Lens

(Block Period – Biennial)

Class / GradeLimit for SpectaclesLimit for Change of Lens
Grade F₹30,000₹12,000
Grade E₹28,000₹12,000
Grade D₹27,000₹12,000
Grade C₹17,000₹6,500
Grade B₹15,000₹6,500
Grade A₹12,000₹4,500
Class III₹8,000₹3,000
Class IV₹7,500₹3,000

Leave Fare Concession (LFC) / Travel Fare Allowance

(Block Period – Biennial)

Rail Travel Scheme

EligibilityClass of EntitlementDistanceNotional Limit for Entitlement
Officers drawing basic pay of ₹1,26,100 per month and aboveA.C. First Class by Rail / Deluxe Cabin by Steamer (for visit to Andaman & Nicobar)6,500 kms each way₹38,200
Officers drawing basic pay up to ₹1,26,099 per monthA.C. II Tier by Rail / 1st or ‘A’ Class Cabin by Steamer (for visit to Andaman & Nicobar)6,500 kms each way₹31,300
Class III EmployeesA.C. II Tier by Rail with convertibility OR ‘C’ Class Cabin by Steamer (for visit to Andaman & Nicobar)5,500 kms each way₹26,500
Class IV EmployeesA.C. II Tier by Rail with convertibility OR ‘C’ Class Cabin by Steamer (for visit to Andaman & Nicobar)3,500 kms each way₹19,900

Scheme of Travel by Air

EligibilityClass of EntitlementLimit for Notional Entitlement
Officers in Grade A drawing basic pay of ₹1,26,100 per month and above, or those who have completed five years of service as Grade ‘A’, and all Officers in Grade B to Grade ETravel by Air – Economy Class₹1,46,000
Officers in Grade FTravel by Air – Business Class₹2,25,000

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Hellobanker Team

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