The Reserve Bank of India is the country's central bank, in charge of formulating policies and other rules for all Indian banks. Every year, the Reserve Bank of India creates a large number of job openings. Getting a job at the Reserve Bank of India is the ambition of every job candidate studying for bank exams. The

RBI Assistant exam

is a national-level competitive exam held by the Reserve Bank of India to hire candidates for Assistant positions in various RBI branches and sub-offices across India. Every year, this recruitment process is carried out. If we work hard for this exam, we can achieve our dream of becoming an RBI Assistant. We can seek the help of institutes like Avision Institute for this.

Here, go through the

RBI Assistant exam salary 2021

in-depth, as well as know the benefits and allowances that an Assistant receives from the RBI. Knowing this, we have more power for preparation for the post of RBI Assistant.

RBI Assistant 2021 Salary Structure

The Pay Scale of RBI Office Attendant is 14,650/- per month (i.e. Rs 13,150/- plus two advance increments in the scale of Rs. 13150 – 750(3) – 15400 – 900(4) – 19000 – 1200(6) – 26200 – 1300(2) – 28800 –1480(3)– 33240 – 1750(1) – 34990 (20 years). At this pay scale, Office Attendant posts are given Initial Basic Pay – Rs 14,650/- per month & the Basic Pay Maximum will be Rs 62400/-. At the moment, the monthly gross salary for RBI Assistant is around Rs 36091/-.Following is the table representation of

RBI Assistant salary structure

Basic Pay	Rs.15,060/-
Pay scale	Rs.13,150 – 750(3) – 15400-900(4) – 19000 – 1200(6) – 26200 – 1300(2) – 28820 – 1480(3) – 33240 – 1750(1) – 34990(20 years)
Gross pay	Rs.32,429 per month
Salary in-hand	Rs.36,091 per month

 

In-Hand Salary of RBI Assistant

RBI Assistant in Hand Salary

is Rs 36091/-. After the annual increment, which will be held twice or three times a year, the monthly wage will increase. Furthermore, the income will be enhanced further as a result of internal promotions.

RBI Assistant Salary Slip

The

RBI Assistant salary pay slip

is the most crucial document. Where the candidate can see all of the deductions as well as a variety of other items on your pay stub. The RBI Assistant will receive the salary slip at the end of each payment cycle.

RBI assistant promotion

The RBI Assistant position has a lot of capacity for promotion. Based on seniority and sincerity, the candidates will have excellent promotion chances. All applicants who seek to be promoted to the rank of Officer must apply for the promotion test and sit for the exam. Candidates will be promoted to higher positions based on their experience and success in the RBI Assistant test. Candidates will be eligible for a raise in income, a promotion to a higher position, and better benefits as a result of the promotion.

However, to be eligible for promotion to Officer Cadre, one must first serve for at least two years. Promotions to officer positions take place in two stages, with Assistants having the chance to participate in both:

Normal Procedure

The employee must pass a written examination before being appointed as an officer based on his or her experience and seniority in the bank's services.

Merit-based process

The candidate must have worked as a clerk for at least two years and hold the JAIIB and CAIIB degrees from the Indian Institute of Banking and Finance (IIBF).

The position of RBI Assistant is entry-level. After five years of service, selected assistants will be eligible for the RBI Assistant career growth as per listed below:

• Scale 1 – Officer/Assistant Manager, Grade -A

• Scale 2 – Manager, Grade- B

• III Scale – Senior Manager, Grade- C

• Scale 4 – Chief Manager, Grade -D

RBI Assistant Job Profile 

The

RBI assistant job profile

will have to execute the same job at other government agencies. The following will be included in the job description:

• • File work is the most common duty that an RBI Assistant does. They will be expected to keep files on a variety of topics related to the company.
   
  • Data entry is a relatively frequent task for any assistant working in the public or commercial sector. The RBI assistant will be given some information and instructed to enter it into the appropriate system so that the organization can access it as needed.
   
  • Responding to Emails: Of course, RBI receives a large number of letters/emails daily, and as an assistant, you must compose responses to the majority of them and obtain approval from your boss.
   
  • Making RTI applicants happy: You only have to answer the RTI questions sent to RBI by the Information Commission, and you are in charge of preparing these answers once again.
   
  • Inbound and outbound mail: The RBI gets a large number of letters and also responds to a large number of them. You may be requested to keep track of the letters you receive and send as an assistant.

RBI Assistant 2021 – Other Perks and Allowances

RBI Assistant is a big job, check out the compensation and benefits available for this position in the form of

RBI Assistant Salary & Perks

. As an RBI Assistant, you will have access to the following benefits.

 

Salary and Benefits: Your basic wage as an assistant is Rs. 14,650. And that's before you include in things like Dearness Allowance, House Rent Allowance, City Compensatory Allowance, and Transportation Allowance. If these allowances are included it will be Rs. 32,522.

 

Accommodation – Bank’s accommodation subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, Newspaper, Briefcase, Book Grant, Allowance for furnishing of residence, etc. as per eligibility.

 

Vehicle Expenses: If you own a vehicle and use it for business, you are eligible for a monthly reimbursement for vehicle maintenance costs.

 

Medical facilities ; RBI looks after its employees in the event of illness or other health issues. You will be compensated for any treatment costs as well as the cost of hospitalization. Employees will be reimbursed 100% of their entire expenses, while dependents will be reimbursed 75%.

 

Loans ;Regular employees with at least two years of service will be eligible for low-interest loans and advances for housing, cars, education, consumer goods, personal computers, and other items.

 

In addition to the benefit of gratuity, the recruits will be governed by the Defined Contribution New Pension Scheme.

 

You will be eligible for a Leave Fare Concession (LFC) or a Leave Travel Concession (LTC) if you use the LTC/LFC facility (LTC). The bank offers a concession (LTC) program in which the entire cost of a ticket for travel anywhere in the country is repaid. You can also use the LFC/LTC facilities if you don't want to travel.

Eligibility criteria for RBI Assistant officer

Educational Qualification

Bachelor's degree in any area with a minimum of 50% (passing class for SC/ST/PWD candidates) and knowledge of word processing on a computer.

Age Groups

• Minimum age- 21 years

• Maximum age- 28 years

Age relaxations for backward communities and other communities are as follows:

 

Category	Age relaxation
ST/SC	5 years
OBC	3 years
PwD	10 years
PwD-OBC	13 years
PwD- SC/ST	15 years
Jammu and Kashmir applicants	5 years
Ex-servicemen	Maximum age- 50 years
Widow judicially separated women and not remarried, divorced women	10 years

 

Conclusion

The RBI Assistant officer position is a good job. It is the best among other banking sector careers. So, Candidates must put up their best effort to get hired and receive the

RBI Assistant 2021 pay

and benefits. The preparation should be done with the assistance of well-known training organizations such as the

Avision Institute

.

FAQ

1.What is the basic qualification for the post of RBI Assistant officer?

The basic qualification is a degree with at least 50% marks in any subject. Pass marks are sufficient for SC or ST and are differently-abled. Applicants should be familiar with word processing.

2. What is the Salary In hand for RBI Assistant?

 

RBI assistant in-hand salary

is Rs. 36,091/- per month ( approximately)

3. What is the basic pay for the RBI assistant post?.

 Rs. 14650/- per month is the basic pay for the assistant post in RBI.

4. What exactly does an RBI assistant's job necessarily involve?

An RBI assistant's tasks include maintaining files, verifying documents and bank information, managing currency circulation and ensuring its accuracy, and maintaining the ledger.

5. Is there an opportunity to get better career growth as an RBI assistant?

Yes, it is correct. Within the RBI, departmental promotional examinations and interviews are undertaken. Employees who have worked in their current job role for at least three years are eligible to take the exams.Some institutes like Avision institute will help you to overcome this exam with better training.