RBI Assistant Salary: The salary for RBI Assistant is around Rs. 40,000 per month. On this page, you will find information about the actual salary, how it is structured, and the allowances that are included.
RBI Assistant Salary 2024
The RBI exams are popular because they offer a good salary and benefits. Many people want to work as an RBI Assistant because of the salary. The RBI has recently increased the salary for RBI Assistants. The monthly salary for an RBI Assistant is now Rs. 40,050/-. Working for the RBI is seen as prestigious because of the high salary and other perks. Knowing the salary and benefits of being an RBI Assistant can motivate candidates to work hard to get the job. Read the article to learn more about the job and the perks that come with it.
RBI Assistant Salary
The amount of money that RBI Assistants earn depends on how much experience they have and where they work. When they first start, their basic pay is INR 20,700/- per month. But when you add in all the extra money they get from allowances and benefits, their total salary is INR 45,050/- per month. After taking out deductions, the actual amount of money they take home is around INR 40,000/- per month.
| RBI Assistant Salary | |
| Conducting Body | Reserve Bank of India |
| Post | RBI Assistant |
| Category | Salary |
| RBI Assistant Basic Pay | Rs 20,700/- per month [Revised] |
| RBI Assistant Gross Salary | Rs. 45,050/- |
| RBI Assistant Revised Pay Scale | INR 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years) |
| Allowances | GA, DA, TAHRA, SA, LCA |
| Exam Level | National |
| Selection Process | Prelims, Mains and Language Proficiency Test |
| Official Site | www.rbi.org.in |
RBI Assistant Salary Structure
The salary of an RBI Assistant will be like this.
- The revised basic pay for RBI Assistant posts is Rs 20,700/- per month in the scale of Rs. 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years)
- The in-hand salary of any RBI Assistant is approx. Rs. 40,000/- per month.
Candidates who want to take the RBI Assistant Exam should know all the information about the salary for RBI Assistant and work hard to prepare for it. They can see the table below to find out how much money they will actually receive as salary.
| RBI Assistant Salary (Revised) | |
| Particular | Details |
| Basic Pay | Rs. 20,700/- |
| Additional | Rs. 265/- |
| Grade Allowance | Rs. 2200/- |
| Dearness Allowance | Rs. 12,587/- |
| Transport Allowance | Rs. 1000/- |
| House Rent Allowance | Rs. 2238/- |
| Special Allowance | Rs. 2040/- |
| Local Compensatory Allowance | Rs. 1743/- |
| Gross Pay | Rs. 45,050/- |
| Net Pay (After Deductions) | Rs. 40,050/- |
RBI Assistant Salary Slip
Below, you can find the salary slip for an RBI Assistant. This salary slip is for someone who works as an Assistant at RBI and has some experience.
What Is the In-Hand Salary of RBI Assistant?
The amount of money you will receive each month as an RBI Assistant is around Rs 40,050. Your salary will go up a few times a year when you get a raise. And if you get promoted, your salary will increase even more.
RBI Assistant Salary- Perks & Allowances
In addition to the monthly salary given to an RBI Assistant, the qualified person will also receive the following extra payments:
- Dearness Allowance
- House Rent Allowance (if accommodation is not provided)
- Compensatory Allowance
- Transport Allowance
If the bank provides a place for the employee to live, they will not receive House Rent Allowance (HRA). Instead, the employee will have to pay a fee of 0.3% of their salary at the beginning of the pay scale of Class III.
Having a bank job has its benefits. Along with good basic pay, the candidates do get to enjoy several perquisites.
The salary for an RBI Assistant job comes with additional benefits.
- Bank’s accommodation is 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
- Dispensary facility besides reimbursement of medical expenses for OPD treatment or hospitalization as per eligibility.
- Interest-free Festival Advance
- Leave Fare Concession
- Loans and Advances at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc. It will be available to regular employees who will put in at least two years of service.
- The recruits will be governed by the Defined Contribution New Pension Scheme, in addition to the benefit of Gratuity.
RBI Assistant Salary: Job Profile
The RBI is the top bank in India and offers lots of job opportunities. The tasks and responsibilities of the job are as follows:
- The foremost job would be to maintain files, collect receipts, balance tally, maintain the ledger, etc.
- The eligible employee would be responsible for verifying all the documents.
- He/She would be entitled to issue and circulate a new currency
- He/She will have to reply to e-mails and maintain a record of emails sent and received
- As an RBI Assistant, he has to ensure financial stability.
- Note that the Working Days are 5 (five) days a week, with gazetted holidays.
RBI Assistant: Initial Appointment
Candidates who are chosen will first be placed in the Bank’s office in the area where they applied. However, they may be moved to different offices in the East, West, North, or South Zones if there is a need for it.
- East Zone: Kolkata (including Gangtok), Bhubaneswar, Guwahati (including Shillong, Agartala, Aizwal, Imphal, Itanagar, Kohima), Patna (including Ranchi).
- West Zone: Ahmedabad, Bhopal (including Raipur), Mumbai (including Belapur, Pune, Panaji), Nagpur.
- North Zone: Chandigarh (including Shimla), Jaipur, Jammu / Srinagar, Kanpur (including Lucknow & Dehradun), New Delhi.
- South Zone: Bengaluru, Chennai, Hyderabad, and Thiruvananthapuram (including Kochi)
RBI Assistant Salary- Promotion
The RBI Assistant has good chances of getting promoted to higher positions. They will have to take internal exams to get promoted. With each promotion, their salary will increase and they will have more important tasks to do. Many people want to become RBI Assistants because they get paid well and have many benefits. Because of this, the exam to become an Assistant is very competitive and difficult. If you want to become an Assistant, make sure you study hard and practice with mock tests to improve your speed.
- Scale 1: Assitant Manager, Grade A
- Scale 2: Manager, Grade B
- Scale 3: Senior Manager, Grade C
- Scale 4: Chief Manager, Grade D
FAQ – Frequently Asked Questions
Q. What is the revised RBI Assistant Salary?
The RBI Assistant’s starting salary has been increased to Rs. 20,700 and the total salary has been increased to Rs. 45,050.
Q. What is the in-hand salary of RBI Assistant?
The salary that you will receive as an RBI Assistant is around Rs. 40,000.
What are the allowances included the RBI Assistant Salary?
The salary of an RBI Assistant includes extra money called allowances, such as GA, DA, TAHRA, SA, and LCA.
What are the promotional posts after becoming an RBI Assistant?
Candidates will be promoted to different positions based on their performance. The positions they can be promoted to are: Assistant Manager, Manager, Senior Manager, and Chief Manager.