Reserve Bank Information Technology Software Engineer salaries in Mumbai (Updated 2025)

Likes

People are very accomodative Work is not too hectic

Dislikes

...uck in some phase or the other as a result very rarely any new projects come You might have to beg for work initially Salary is not at all competitive with the market

Likes

- Frequent project delays are common due to the nature of working for RBI. - All government holidays also apply to you - Weekend work is rare, typically occurring once a year. - ReBIT office is conveniently located in Juinagar, making it ideal for Navi Mumbai residents. - Ola/Uber services are readily available while traveling to the RBI office.

Dislikes

- 10% of your salary constitutes variable pay, which will be granted in full if your annual appraisal rating is 4 or above. For ratings of 3 and below, only 85% of the variable pay will be disbursed, with the remaining 15% forfeited. - Additionally, your employment is on a 5-year contract basis. If you manage to remain with organization for this duration, the extension of the subsequent 5-year contract will be contingent on your senior's satisfaction with your conduct. This is unrelated to your job performance, as office politics will influence this decision, and HR will have a passive role in the process.

Likes

Salary on time Less work pressure

Dislikes

Office politics Process and hierarchy is just for the sake of keeping it. Managers are mostly busy spreading rumours Sr. PMs KRA is mostly being the informer for Senior Management No growth or learning, absolutely no growth. Everyone from top to down is a policy maker. Join if you want to spend good time with family or home.

Likes

REBIT is a subsidiary of a biggest institute that is RBI. And this is the only good thing about the organisation

Dislikes

Very poor management. The CEO is thoroughly confused and very dependent on others. He is like a headless chicken without the HR head and quite a few members from the HR. If you want to survive here then you just need to be obsequious or bootlicker. Terrible organisation. I just hope RBI conducts a thorough Personnel audit for this organisation. Much needed. Such a waste of time organisation.

Likes

good company if one is looking for team lunches, outings, gifts and entertainment. Open door policy in some departments. young crowd. very nice office. Apart from all these nothing is good..

Dislikes

Office politics, no growth if you are a senior.. HR is biased towards some people..CEO is a micro manager, overall it all depends whom you end up with.. that great to work certificate they got is also because of stupid ques that were asked in the questionnaire.. basis those questions any company can get that certificate.. dont go with that.. it is a contractual job for 5 years.. during these 5 years if u learned the art of buttering you will survive or else will be shown the door..