Nepal Rastra Bank Salary: Complete Guide to NRB Pay Scale

Overview of Nepal Rastra Bank

Nepal Rastra Bank (NRB) is the central bank of Nepal. It plays a very important role in managing the country’s money and banking system. If you are planning a career in banking or finance, understanding NRB and its role is essential.

NRB is responsible for controlling the flow of money in the economy, making sure prices are stable, and keeping the financial system safe. It also regulates all commercial banks and financial institutions in Nepal. Because of this, working in NRB is considered one of the most respected and secure banking jobs in Nepal.

Here are some key points about NRB:

• Established: NRB was established in 1956 to manage Nepal’s currency and banking system.
• Role: It regulates banks, controls inflation, and manages the country’s foreign reserves.
• Responsibilities: NRB issues currency, sets interest rates, and monitors financial stability.
• Career Opportunities: NRB offers jobs from entry-level assistants to top management positions like Governor.
• Perks and Benefits: Employees enjoy good salaries, allowances, and retirement benefits, making NRB a very attractive workplace.

NRB also plays a crucial role in shaping Nepal’s economic policies. It works closely with the government to ensure economic growth and stability. This makes NRB jobs not only financially rewarding but also impactful for the country.

In short, Nepal Rastra Bank is more than just a bank. It is the backbone of Nepal’s financial system and a great place for anyone who wants a stable and respected banking career.

NRB Salary Structure by Position

Nepal Rastra Bank (NRB) has a well-defined salary system that reflects the responsibilities and experience of each position. Whether you are aiming for a top executive role or starting as an assistant, the pay structure is designed to be fair and motivating. Salaries at NRB are not just about the basic pay; they also include various allowances that make the total compensation highly attractive.

1. Governor

The Governor is the highest-ranking official in Nepal Rastra Bank. This position is responsible for guiding the overall policy, supervising all departments, managing the country’s monetary system, and representing NRB nationally and internationally. Being the top executive, the Governor’s decisions affect Nepal’s entire financial system.

• Basic Salary: NPR 136,000
• Allowances: NPR 80,110
• Total Monthly Salary: NPR 216,110

In addition to the salary, the Governor enjoys several perks and facilities, including housing allowance, official vehicle and fuel, and access to training and international programs. This role demands extensive experience in finance, banking, or economics and involves strategic decision-making at the highest level. The Governor also oversees the implementation of central bank policies and ensures financial stability across the country.

2. Deputy Governor

The Deputy Governor supports the Governor in managing NRB’s overall operations. This role includes supervising critical departments, helping formulate policy, and ensuring smooth execution of strategies.

• Basic Salary: NPR 121,700
• Allowances: NPR 76,370
• Total Monthly Salary: NPR 198,070

Deputy Governors also receive benefits like housing, official transport, training opportunities, and other allowances. They often handle specialized areas such as currency management, banking supervision, or financial stability. Only highly experienced officers with strong leadership skills are eligible for this position.

3. Executive Director

Executive Directors manage major departments and assist top management in implementing bank policies. They play a key role in departmental operations, staff supervision, and decision-making.

• Basic Salary: NPR 76,500
• Allowances: NPR 70,500
• Total Monthly Salary: NPR 147,000

This position includes perks like housing, official transport (for officer level and above), meal allowance, internet facility, and training opportunities. Executive Directors are expected to have excellent managerial and analytical skills and contribute to the strategic growth of NRB.

4. Director

Directors are responsible for supervising specific departments within NRB. They monitor daily operations, ensure compliance with regulations, and guide mid-level officers to achieve departmental goals. Directors play a key role in translating policies into actionable plans for their teams.

• Basic Salary: NPR 70,900
• Allowances: NPR 63,550
• Total Monthly Salary: NPR 134,450

Directors enjoy benefits such as housing allowance, official transport, internet facility, meal allowance, and training programs. This position requires strong management skills, experience in banking operations, and the ability to oversee multiple teams effectively.

5. Deputy Director

Deputy Directors act as a bridge between Directors and Assistant Directors. They coordinate departmental activities, supervise staff, and assist in policy implementation. This role is crucial for maintaining smooth operations and ensuring that projects are completed efficiently.

• Basic Salary: NPR 57,300
• Allowances: NPR 53,620
• Total Monthly Salary: NPR 110,920

Perks for this position include housing or rent allowance, meal allowance, internet facility, official vehicle support (if applicable), and professional training opportunities. Only experienced NRB officers are eligible for promotion to this role, as it requires knowledge of operational and policy management.

6. Assistant Director (Level 6 Officer)

The Assistant Director is the entry-level officer post in NRB. They assist senior officers in implementing policies, preparing reports, managing departmental tasks, and supporting decision-making processes.

• Basic Salary: NPR 50,100
• Allowances: NPR 50,010
• Total Monthly Salary: NPR 100,110

This position comes with several perks such as meal allowance, internet facility, housing or rent support (depending on the post), and access to training programs. Candidates are usually required to have a Master’s degree in Management, Economics, Finance, or a professional equivalent like CA.

7. Assistant First

Assistant First is a senior clerical-level position in NRB. Employees perform administrative, clerical, and operational tasks to support higher officers in daily bank functions.

• Basic Salary: NPR 40,100
• Allowances: NPR 43,230
• Total Monthly Salary: NPR 83,330

Perks include internet facility, meal allowance, and access to training and professional development programs. This role is suitable for freshers with a +2 or a Bachelor’s degree seeking a stable banking career.

8. Assistant Second

Assistant Second supports Assistant First and higher officers in daily administrative work, document management, and other operational duties.

• Basic Salary: NPR 35,000
• Allowances: NPR 39,550
• Total Monthly Salary: NPR 74,550

Allowances include internet, meals, and other minor perks. This position is ideal for freshers who want to start their career in a central bank environment.

9. Assistant Third

Assistant Third handles clerical tasks such as filing, data entry, and support for office operations. This post provides foundational experience in banking operations.

• Basic Salary: NPR 29,800
• Allowances: NPR 37,600
• Total Monthly Salary: NPR 67,400

Employees at this level also get internet and meal allowances. This position is suitable for candidates who are beginning their career in NRB and want to gain experience in administrative functions.

10. Assistant Fourth

Assistant Fourth performs similar duties to Assistant Third but is considered a more junior position. Tasks include record-keeping, basic office support, and assisting other staff members.

• Basic Salary: NPR 27,900
• Allowances: NPR 36,730
• Total Monthly Salary: NPR 64,630

Allowances cover internet, meals, and other minor benefits. This role is ideal for freshers or those starting their career in the banking sector.

11. Assistant Fifth

Assistant Fifth is the entry-level support position in NRB. Employees handle basic administrative and clerical tasks, assisting higher-level assistants and officers.

• Basic Salary: NPR 26,400
• Allowances: NPR 34,950
• Total Monthly Salary: NPR 61,350

The position comes with small allowances like internet and meal facilities. It’s perfect for freshers who want a secure start in the central banking system.

Nepal Rastra Bank Salary 2082 Chart

Allowances and Benefits in NRB Salary

Working at Nepal Rastra Bank (NRB) is not just about a good salary. Employees also receive several allowances and benefits that make the total compensation package highly attractive. These perks are designed to support employees in both their professional and personal lives, ensuring a secure and comfortable work environment.

1. Housing and Accommodation

NRB provides housing or rent allowance to its employees, especially for higher-level officers. This helps staff manage living expenses in cities where housing can be costly. For senior positions like Governor, Deputy Governor, and Directors, fully furnished official residences may also be provided.

2. Medical and Insurance Facilities

All employees are entitled to medical coverage, which includes health check-ups, treatment costs, and insurance schemes. This ensures that employees and their families have access to proper healthcare without financial stress.

3. Travel and Vehicle Facilities

Officer-level and higher posts often include official vehicles with fuel allowances. Employees may also receive travel allowances for official duties, training programs, or seminars.

4. Meal and Internet Allowance

NRB provides meal allowances and internet facilities to all employees. This ensures that staff can perform their daily work comfortably, whether in the office or remotely.

5. Retirement Benefits

Employees at NRB enjoy long-term benefits such as a pension scheme and a provident fund. These retirement benefits provide financial security after completing service at the bank.

6. Other Perks

• Dashain and Tihar allowances
• Scholarships and training opportunities
• Performance incentives and rewards

These allowances and benefits, combined with the basic salary, make NRB one of the most attractive employers in Nepal. From housing to healthcare, every perk is designed to create a professional, secure, and rewarding work environment.

How much does the Governor of Nepal Rastra Bank earn?

The Governor of Nepal Rastra Bank earns a total monthly salary of approximately NPR 216,110. This includes a basic salary of NPR 136,000, a central bank allowance of NPR 63,060, a meal allowance of NPR 9,600, and an internet facility allowance of NPR 7,450.

Apart from the salary, the Governor enjoys other benefits such as housing allowance, official vehicle and fuel support, medical coverage, and access to training programs. These perks make the position not only financially rewarding but also highly prestigious.

The Governor oversees all operations of NRB, manages policies, and represents the bank at both national and international levels. The high salary reflects the significant responsibility and importance of this top executive role, making it one of the most respected and well-compensated positions in Nepal’s banking sector.

Required Skills and Qualifications for NRB Jobs

Working at Nepal Rastra Bank (NRB) is highly respected, but it also requires specific qualifications and skills. Whether you are applying for an assistant-level post or an officer-level position, NRB has clear requirements to ensure employees can handle their responsibilities effectively.

1. General Requirements

To be eligible for any NRB job, you must be a Nepali citizen. Age limits vary by position: for assistant-level posts, candidates should be at least 18 years old, while officer-level positions like Assistant Director require a minimum age of 21. Typically, the maximum age is 35, but women and candidates with disabilities may get age relaxation up to 40 years. These rules ensure that applicants are mature enough for the responsibilities while also providing opportunities for wider participation.

2. Academic Qualifications

Academic qualifications are a key factor in selection. For assistant-level positions, candidates need to have completed +2 or SLC from a recognized institution. For officer-level positions, including Assistant Director or higher, a Master’s degree in fields like Economics, Management, Finance, Public Administration, or similar subjects is required. NRB looks for educational backgrounds that equip candidates with knowledge of banking, finance, and policy management.

3. Key Skills & Competencies

In addition to formal education, NRB values certain skills that help employees succeed:
 

• Analytical Skills: Ability to analyze data and make informed decisions.
• Communication & Teamwork: Clear communication and the ability to work effectively in a team.
• Problem-Solving & Decision-Making: Handling challenges efficiently and making sound decisions.
• Technical Skills: Knowledge of banking software, IT tools, or finance-related technology.
• Initiative & Planning: Proactively managing tasks and planning for long-term objectives.

Meeting these requirements ensures that employees can perform their roles effectively, contribute to NRB’s mission, and grow within the organization.

How to Get a Job in Nepal Rastra Bank?

To get a job in Nepal Rastra Bank, you need to meet the eligibility criteria, apply online through the official website, pass the written exam, and clear the interview. This process is designed to select candidates who are qualified, skilled, and capable of handling central banking responsibilities. Following these steps carefully increases your chances of landing a secure and respected job at NRB.

Step 1: Vacancy Announcement

Nepal Rastra Bank regularly publishes job vacancies for different levels, including Assistant Level (Level 4–5), Officer Level (Level 6–8), and Executive Level (Level 9+). These announcements are usually made on the NRB official website and through major job portals. Checking regularly ensures you don’t miss deadlines. Each vacancy specifies the number of positions, required qualifications, and application deadlines, so it’s important to read the notification carefully before applying.

Step 2: Eligibility Criteria

Eligibility varies by position. For the Assistant Level, candidates need at least +2 in Management, Finance, or Economics. For Officer Level, a Master’s degree in relevant fields such as Economics, Management, Finance, or professional qualifications like CA, CMA, or CFA is preferred. Age limits generally range from 21–35 years, with some relaxation for women and disabled candidates. All applicants must be Nepali citizens. Meeting these criteria is the first step to ensure your application is considered.

Step 3: Application Process

Applications are submitted online via the NRB official website. Candidates need to upload scanned copies of their citizenship certificate, academic certificates, and a recent passport-sized photograph. Filling the application form carefully is crucial because mistakes may lead to rejection. It is also recommended to keep a copy of the confirmation page after submission for future reference.

Step 4: Written Examination

After the application process, selected candidates are called for a written exam conducted by Lok Sewa Aayog. The exam usually includes sections on Banking, Economics, and General Awareness. Scoring well in this exam is critical because it determines eligibility for the interview round. Proper preparation using past papers and study guides can greatly improve your chances of success.

5. Interview

The final stage is an interview, which tests your knowledge, communication skills, and personality. Interviewers evaluate how well you understand banking concepts, your problem-solving ability, and whether you fit NRB’s professional environment. Confidence, clarity, and preparation are key to performing well in this round. Successful candidates are then offered positions according to their level and vacancy.

Career Growth and Promotion Opportunities at Nepal Rastra Bank

Working at Nepal Rastra Bank (NRB) is not only about a secure job and an attractive salary. It is also a place where employees have clear opportunities to grow, advance, and achieve leadership positions over time. NRB values performance, experience, and skill development, which means dedicated employees can rise from entry-level roles to top executive positions.

1. Entry and Assistant-Level Growth

Most employees start their careers at the Assistant Fifth or Assistant Fourth level. At these positions, staff handle administrative and clerical tasks while learning the bank’s operations. With experience and consistent performance, they can move up to Assistant Third, Second, and First levels. Each promotion comes with a higher salary, more responsibilities, and additional perks, providing both financial and professional growth.

2. Officer-Level Opportunities

After reaching the officer-level, such as Assistant Director or Deputy Director, employees take on policy-related and managerial responsibilities. Promotions at this stage depend on experience, performance, and successful completion of internal assessments or exams. Officers may also have opportunities to specialize in areas like finance, economics, IT, or banking regulation, enhancing their career profile.

3. Executive and Leadership Roles

Senior officers can rise to Director, Executive Director, Deputy Governor, or even Governor positions. These roles involve strategic decision-making, policy formulation, and supervising large teams. Advancement to executive positions is highly competitive and based on merit, experience, and leadership skills, making it rewarding for those who consistently perform well.

4. Training and Skill Development

NRB encourages employees to improve their skills through training programs, workshops, and international seminars. These programs help staff stay updated with modern banking practices, enhance leadership skills, and prepare for higher responsibilities.

5. Performance-Based Incentives

Promotions are not only time-based but also performance-driven. Employees who show initiative, problem-solving ability, and teamwork often receive faster career progression and additional incentives.

In short, NRB provides a structured career ladder from entry-level assistants to top executives. Employees benefit from continuous learning, skill development, and merit-based promotions, making a career at NRB secure, rewarding, and highly respected in Nepal.