NABARD (National Bank for Agriculture and Rural Development) offers several additional benefits and allowances to its Grade B officers, apart from the basic salary. These benefits are aimed at providing financial security and ensuring a comfortable work environment for the employees. Let's delve into the details of these additional benefits:


NABARD Grade B officers are entitled to receive a Dearness Allowance, which is a cost of living adjustment allowance. It is based on the All India Consumer Price Index and is revised periodically to compensate for the inflationary impact on the basic salary.


NABARD Grade B officers are eligible for House Rent Allowance, which is provided to meet their accommodation expenses. The HRA amount varies depending on the location of posting, with higher rates for officers posted in metropolitan cities.


To compensate for the higher cost of living in metropolitan areas, NABARD Grade B officers receive City Compensatory Allowance. The CCA amount also varies based on the location of posting.


NABARD provides medical benefits to its Grade B officers. They are eligible for reimbursement of medical expenses incurred for themselves and their dependent family members. This allowance covers expenses related to medical treatments, hospitalization, and medicines.


NABARD Grade B officers can avail Leave Travel Concession, which allows them to travel with their family members on leave. The organization provides reimbursement for travel expenses incurred during vacations.


NABARD Grade B officers are enrolled in the Contributory Provident Fund, where a certain percentage of their basic salary is deducted every month. The organization also contributes an equal amount to the CPF account, ensuring a secure retirement savings plan for the officers.


Upon retirement or resignation, NABARD Grade B officers receive a gratuity amount as a token of appreciation for their service. The gratuity is calculated based on the length of service and the last drawn salary.

In addition to these benefits, NABARD Grade B officers also enjoy perks such as subsidized loans, vehicle loans, and a comfortable work environment. These additional benefits and allowances make the job of a NABARD Grade B officer attractive and rewarding.