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RBI Assistant Salary 2024

The attractive feature of RBI exams is the salary and emoluments that it offers. One of the most sought-after job by banking aspirants is the RBI Assistant post. The salary of RBI Assistant has been revised by the Reserve Bank of India (RBI). RBI Grade B Salary is an attractive salary to its employees which includes Basic pay, Various Allowances, and other benefits.

As per the revision, the RBI Assistant’s Monthly salary is Rs. 40,050/-. A job with RBI is considered prestigious as it offers a great salary package along with several perks and other incentives. Knowing the RBI Assistant salary, including the salary structure, perks, and allowances provided, is going to help candidates remain motivated and work harder to achieve their desired job as an RBI Assistant.

Read the article to know more about the job profile, and the perks provided to its employees. Check the revised RBI Assistant Grade Pay, gross salary, and details in the article.

RBI Assistant Salary

The Salary of RBI Assistants depends on their experience and location. The starting basic pay Salary Of RBI Assistant is INR 20,700/- per month. The gross salary, which includes all allowances and benefits, is INR 45,050/- per month. The net in-hand salary, which is the amount of money that the RBI Assistant gets after deductions, 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 pay scale of an RBI Assistant will be as follows.

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.

The candidates interested in the RBI Assistant Exam must note the complete details of RBI Assistant Salary and prepare for the same using all their best efforts. The candidates can have a look at the table below for RBI Assistant Net Pay or the RBI Assistant In Hand salary distribution.

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

We have provided below the RBI Assistant salary slip for Assistant. The salary slip here is of an employee having experience as an Assistant in RBI.

What Is the In-Hand Salary of RBI Assistant?

The monthly RBI Assistant In-Hand salary is Rs 40,050/- (approx.). The monthly salary will increase after increment which will be held twice or thrice in a year. Moreover, with the promotions held internally, the salary will be increased further.

RBI Assistant Salary- Perks & Allowances

Apart from the monthly salary offered to an RBI Assistant, the eligible candidate will be entitled to the following allowances:

Dearness Allowance
House Rent Allowance (if accommodation is not provided)
Compensatory Allowance
Transport Allowance

House Rent Allowance(HRA) will not be paid to the employee if the Bank’s accommodation is provided and the license fee will be recovered from her/him @ 0.3% of pay at the starting stage 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.

RBI Assistant Salary includes the following Perks:

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

RBI, being the apex bank of India would provide you with an ample amount of job growth. Job Profile/ Work that he/she is to perform 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 Previous Year Question Paper PDF- Click to Check

RBI Assistant: Initial Appointment

Selected candidates will be initially posted in the Bank’s office within the Recruitment Zone for which they had applied. However, they are liable to be transferred, in administrative exigencies to centers grouped and classified into East, West, North, and South Zone offices as under:

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

There are reasonable prospects of Promotion in RBI Assistant to higher grades. There will be internal examinations conducted regularly on which he/she will be promoted. With each promotion, the salary will increase as well as the roles and responsibilities of the employee.

Owing to an excellent pay scale and numerous benefits, a large number of candidates appear for the exam every year. And with cut-throat competition, the examination is bound to be tough. So, interested candidates must ensure that they prepare for the examination with full dedication and sincerity. Keep solving mock test papers to improve your timing in each section.

The RBI Assistant gets promoted from

Scale 1: Assitant Manager, Grade A
Scale 2: Manager, Grade B
Scale 3: Senior Manager, Grade C
Scale 4: Chief Manager, Grade D

BANK NOTE PRESS Mock Test Series 2021