RBI Assistant Salary Structure 2021

RBI Assistant Notification has been issued, according to which the prelims examination will be held on 14 and 15 February 2020. According to official notification, the total 926 candidates in the year 2021-2020 have to be admitted to the Reserve Bank of India. After the official notification is issued, candidates will want to know about the salary and profile growth of the RBI Assistant 2021. When you apply for a post, complete information is necessary, it is important to know about salary, allowances, benefits and growth to candidates sitting in the RBI Assistant Examination. Through this article we will provide you detailed information of salary, allowances, profit and growth, which are required to apply for the Candidate RBI Assistant Examination or they must read this article to the end.

RBI Assistant 2021: Job Profile and Workload

RBI is the prestigious organization of the country, which is also called banks of banks. Many competitive examinations are organized from time to time for recruitment. The responsibilities of the selected candidates in the bank RBI playing an important role in the country’s economy are also high. That is why RBI selects such qualified candidates who have the ability to face the challenges. Whenever a new posture is issued in the country or there is a demonization in the country, the Assistant has to raise many responsibilities. We are telling some responsibilities and work for the RBI Assistant post here:

Duties and job profiles of RBI Assistant 2021

# The responsibility of financial stability

# Solve any problem associated with currency and its operation and its.

# Work related to government revenue

# Verification of various banking documents.

# Selection of receipts, maintenance of files, account book and balance tally etc.

# Complete daily transactions in the computer and maintain the appropriate record.

# Responsible to answer questions on mail on daily basis.

RBI Assistant Salary and Allowances 2021

The RBI organization also provides the highest salary to the clerk. Due to its charming salary and other benefits, employees are more attracted to RBI. RBI is called bank bank and thus it becomes a special job among the candidates.

Pay scale of RBI Assistant 2021

Candidates who are appearing for the RBI Assistant exam 2021 and are interested in knowing the RBI Assistant salary must know that the basic RBI Assistant salary 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.

Basic Pay14650
Additional Special Pay265
Grade Allowance2200
Dearness Allowance12587
Transport Allowance1000
House Rent Allowance2238
Local Compensatory Allowance1743
Special Allowance2040
Total36723
EE NPS Contribution2970
Professional Tax200
Meal Coupon Deduction160
MAF225
All India RBI Employee & Sports Club Membership20
Total Deduction3575
Total Net Salary33148

 -.

Important notice  –

* House Rent Alliance will not be paid to the employee, if the bank’s housing is provided and the license fee will be charged by 0.3% salary in the early stages of the scale III.

The following benefits will be provided to the RBI Assistant:

  • dearness allowance
  • House rent allowance
  • City compensation allowance
  • transportation allowance

In addition to the above mentioned benefits, the RBI Assistant is eligible to take advantage of the following allowances

  • Housing facility (subject to availability)
  • Allowance for vehicle maintenance
  • Newspaper, briefcase, book grant
  • Location of residence under eligibility
  • Festival allowance
  • Concessional leisure
  • Five days work
  • Reimbursement of medical expenses
  • Loan at discounted rates
  • No public behavior is not included

RBI Assistant Career Growth 2021

RBI offers various opportunities for career development. Candidates will have to pass the promotion or departmental test for the official level. But once you are selected as RBI Assistant, you have to serve this post for at least 2 years of period to be eligible for promotion.

In two years, promotion activities are organized, where an assistant can participate in the promotion process. An Assistant can be promoted at the RBI level A official level through two level promotion process.

Employees will have to give written examination for recruitment, after which they will be promoted to the next level on the basis of seniority or work experience.

A Indian, Banking and Finance Institute can get success in Jaiib or Caiib examination, provided he has a graduate degree.

Development in RBI occurs in different forms. You can expect to be the officer in RBI in a few years. Check the table for example.

Development Opportunities:

Rbi assistant

  • RBI Grade A Officer
  • RBI Grade B Officer
  • RBI Grade C Officer
  • RBI Grade D Officer
  1. What is the starting salary of RBI assistant?
RBI Assistant Salary
Basic SalaryRs. 14,650
Pay Scale13150 – 34990
Gross EmolumentsRs. 32,528
  1. 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

  1. What is the grade of RBI assistant?

           Scale 1 – Officer/Assistant Manager, Grade -A. Scale 2 – Manager, Grade– B.       

           III Scale – Senior Manager, Grade– C. Scale 4 – Chief Manager, Grade -D

  1. What is the salary of RBI assistant after 5 years?

RBI Assistant Salary 2021: Job Profile, In-hand Salary, Perks, Allowances after 7th Pay Commission

Years in ServiceSalaryIncrement
Next 2 yearsINR 26,200INR 1,300
Next 5 yearsINR 28,800INR 1,480
Next 1 yearsINR 33,240INR 1,750
20 yearsINR 34,990
  1. What is SBI clerk salary?

The revised SBI Clerk Pay Scale is Rs. 17900-1000/3-20900-1230/3-24590-1490/4-30550-1730/7-42600-3270/1-45930-1990/1-47920. The initial salary package of an SBI Clerk in a Metro city like Mumbai has been revised to Rs 29000/- per month that includes the Dearness Allowance (D.A) & other allowances

  1. Is RBI Assistant better than SBI PO?

Even though both the positions have limited number of seats, the probability of getting through is more when it comes to the RBI Assistant examination. The SBI PO examination is comparatively more difficult than the RBI Assistant examination; hence, the selection is tougher.

  1. Do RBI assistants get pensions?

No, the employee who got selected after 2012 for the post of Assistant in Reserve Bank of India will not get the pension as these employees are governed by New Pension Scheme (NPS). However, they will have to give a contribution from their salary to receive a pension.

  1. How can I enter in RBI?
  • A First Class Bachelor’s Degree with a minimum of 60% marks or an equivalent grade OR 
  • A Second Class Master’s Degree with a minimum of 55% marks or an equivalent grade OR
  • A Doctorate Degree with 50% marks in Master’s Degree or equivalent grade OR
  • Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor’s Degree OR
  • A Post Graduate Diploma in Management from IIM only.
  1. What is RBI clerk salary?
  2. Is RBI assistant a respectable job?
  3. Do RBI assistants get home posting?
  4. Is RBI good career?
  5. Do RBI officers go abroad?
  6. How can I get job after 12th in RBI?
  7. What is RBI office assistant?
  8. Is RBI assistant a clerk?
  9. Which bank exam is easy?
  10. How can I get salary in RBI?

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