RBI Assistant Salary: The salary of RBI Assistant is a very handsome amount. RBI Assistant salary structure is 20700 – 1200 (3) – 24300 – 1440 (4) - 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years). There are also many allowances and benefits that RBI Assistants receive. The job profile of an assistant is filled with a multitude of opportunities with a good salary and career growth. Read this article to know all about RBI Assistant salary and other details.
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Table of Contents
RBI Assistant Salary
RBI Assistant Salary: Perks and Allowances
RBI Assistant Salary: Deductions
RBI Assistant Salary: Job Profile and Career Growth
Other Benefits of Being A RBI Assistant
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RBI Assistant Salary: Perks and Allowances
RBI Assistant Salary: Deductions
RBI Assistant Salary: Job Profile and Career Growth
Other Benefits of Being A RBI Assistant
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RBI Assistant Salary 2023
While RBI Assistant is a dream for many aspiring students who opt for a job in the banking sector. After the 7th day of commission, the in-hand salary of RBI Assistant is Rs.36,091 per month. The basic pay is Rs. 14,650 and the pay scale 13150-750 (3)-15400- 900(4) -19000-1200(6)-26200-1300 (2)-28800- 1480(3) – 33240 – 1750 (1)- 34990. The breakdown of the RBI AssisAssistant'sry is as follows:
| Basic Pay | Rs. 20,700/- |
| Payscale | Rs. 20700 – 1200 (3) – 24300 – 1440 (4) - 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years) |
| Gross pay | s. 45,050/- |
Also, know the RBI Assistant Exam Pattern
RBI Assistant Salary: Perks and Allowances
Apart from a reputed job and a good salary, there are various perks and allowances that an RBI Assistant is offered. The allowances that an RBI Assistant receives include the following:- Dearness Allowance
- City Compensatory Allowance
- Transport Allowance
- House Rent Allowance
| Additional Special Pay | 400 |
| Grade Allowance | 3500 |
| Dearness Allowance (DA) | 9,718 |
| Transport Allowance | 1200 |
| Special Prerequisite Allowance | 2753 |
| Special Allowance | 3788 |
| City Compensatory Allowance | 2515 |
Check out the RBI Assistant Syllabus.
Other benefits which are provided to RBI Assistants include:
- RBI’s accommodation (subject to availability)
- Vehicle maintenance for official purpose
- Newspaper
- Briefcase
- Furnishing Allowances
- Reimbursement of medical bills
- Interest-free festive advance
- Leave Fare Concession (LFC)
- Loans at concessional interest rates
RBI Assistant Salary: Deduction
The deductions related to the Assistant section salary are as follows:| E E NPS Contribution Amount | 3635 |
| License Fee | 63 |
| Meal Coupon Deduction | 160 |
| MAF | 225 |
| All India RBI Employee | 50 |
| Sports Club Subscription | 40 |
| Total | 4,173 |
| In-hand Salary | 42,801 |
RBI Assistant Salary: Job Profile and Career Growth
It is also important for candidates aspiring to appear for the RBI Assistant Exam to know about the job profile of RBI Assistant. The responsibilities of RBI Assistant include the following:- To file work: Maintaining files, collecting receipts, balance tally, maintenance of ledger, etc.
- Verifying bank documents
- Issuing and circulating the new currency
- Maintaining Accounts
- Replying to e-mails and maintaining a record of the same
Besides, the above-mentioned responsibilities and various perks that have been mentioned before, RBI Assistant is provided with various opportunities for promotion. RBI conducts internal promotional exams at regular intervals. Candidates who pass these exams are promoted to higher positions. As positions increase, candidates' salary also increases with promotions.
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Other Benefits of Being A RBI Assistant
There are various benefits of being an RBI Assistant which are as follows:- Work-life: RBI Assistant has to work for 5 days a week. The job duration is 8 hours per day. Weekends are off for RBI Assistant. Thus this job maintains a balance between the work-life and personal life of the employee. Along with this, the number of leaves granted to RBI Assistants is more than what is given in other banking sector jobs.
- Medical Benefits: RBI provides medical facilities for the employee and the family as well which is a very substantial benefit of working with RBI.
- Accommodation Facility: RBI Assistants are provided with an accommodation facility.
- Education Loan: RBI gives education loans up to Rs.20 lakhs to the children of the employees at a very nominal rate. The children are also given scholarships.
- Housing Loan: RBI gives a housing loan facility to its employees, which is up to Rs.30 lakhs at nominal rates.
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Is RBI assistant a good job?
RBI Assistant is undoubtedly one of the most respectable and the best jobs for the aspirants of the banking sector. One gets to learn a lot in the organization and simultaneously gets paid quite decently along with other perks and allowances. Working for RBI is a dream for many.
Which is better RBI assistant or SBI clerk?
Providing excellent growth opportunities, RBI Assistants can go to as high as Grade C posts in RBI. SBI Clerk, on the other hand, is a well-established post that is involved in public handling. If you are someone who enjoys dealing with public dealing, an SBI Clerk can be an excellent position.
What is the highest salary in RBI?
- Rs 62400 (Maximum Basic Pay)
- 62,400/- (Maximum) and this is when an employee does not take any promotion.
Is the RBI assistant job transferable?
RBI Assistants do not get transferred till they complete at least 5 years of their service at one particular branch.
Does RBI give pension to retired RBI Assistants?
All existing employees who joined RBI before January 1, 2012, will get this benefit. For retirees, the cut-off date is November 1, 1990, the date of introduction of the pension scheme at RBI. ... “No arrears of pension will be paid for the period prior to July 1, 2020,” RBI said.