Updated On : April 3, 2023
The RBI Assistant receives a salary of approximately Rs. 32,000 every month including all the allowances such as DA, House Rent Allowance, Travel Allowances and all other perks. Go through the complete article to know about the RBI Assistant 2020 Salary, grade pay, the Salary-in-hand, the job profile, promotions, and more.
Exam | RBI Assistant Exam |
Conducting Body | Reserve Bank of India |
Basic Salary | Rs.14,650/- per month |
Allowances | Dearness House Rent, City Compensatory Allowance, Transport Allowance |
Total Salary | Rs.32,429/- per month |
Working Days | Weekdays |
Public Dealing | None |
Accommodation | Quarters will be provided |
Selection Process | Prelims, Mains, and Local Language Test |
Official Website | www.rbi.org.in |
After the 7th Pay Commission, there has been a huge hike in the salary for the assistant position. Reserve Bank of India pays a starting basic salary of ₹ 15,060/- per month (i.e. ₹ 13150 plus two advance increments admissible to graduates) in the scale of 13150-750 (3)-15400- 900(4) -19000-1200(6)-26200-1300 (2)-28800- 1480(3) – 33240 – 1750 (1)- 34990 (20 years). The following table displays the basic salary, pay scale, and gross pay that the newly hired employees will receive.
RBI Assistant Salary after 7th Pay commission | |
Basic Salary | Rs. 15,060/- per month |
Pay Scale | Rs 13150 – 750(3)-15400900(4)-19000-1200(6)-26200-1300(2)-28820-1480(3)-33240-1750(1)-34990(20 years) |
Gross pay | Rs. 32,429 |
The Salary In Hand that an Assistant receives is Rs 32,429/- including the house rent that the employees are entitled to. Reserve Bank of India is considered to be a very good payer when it comes to in-hand pay, increments, and other amenities.
The candidates who clear the exam and get selected as an RBI Assistant receive a number of perks and allowances. Go through the detailed information about perks and allowances received by an RBI Assistant in the below:
RBI Assistant will also receive a number of prerequisites after joining. The prerequisites are as follows-
The RBI Assistant gets multiple chances to get promoted to a higher level. The RBI Assistants who are willing to get promoted to the Officer Cadre should apply for and sit for the promotion test. Everyone cannot apply for the promotion test and in order to apply, they must have already served as an Assistant for at least 2 years period. The Promotion Tests will be conducted every two years. There are two processes for promotion to the Grade A Officer Level. The processes are:
Here, We have provided you details of what will be the RBI Assistant Career Growth.
The job profile of an RBI Assistant is the same as in other public sector banks. Let us have a look at the roles and responsibilities of an RBI Assistant:
The assistants in RBI are promoted through two processes- Normal and Merit Base Process.
There are 4 cadres as mentioned in the table below. The promotion of employees and moving up the ladder depends solely on performance. The amount of exposure and banking knowledge that RBI employees gain is very fruitful in their profession.
SCALE | CADRES |
Scale 1 | Officer/Assistant Manager(Grade 1) |
Scale 2 | Manager (Grade B) |
Scale 3 | Senior Manager (Grade C) |
Scale 4 | Chief Manager (Grade D) |
Candidates post selection as RBI Assistant will be initially posted in RBI Offices within the recruitment zone from which they applied. However, transfers may happen to other locations in case of an administrative exigency to different zones classified into West, South, North and East Zone offices as follows-
The basic salary of an RBI Office Attend will be Rs.10,940/- per month in the scale of 10940 – 380 (4) -12460 – 440 (3) – 13780 – 520 (3) – 15340 – 690 (2) -16720 – 860 (4) – 20160 – 1180 (3) – 23700 (20 years). Also, they are entitled to get other allowances like Special Compensatory Allowance, City Compensatory Allowance, Family Allowance, House Rent Allowance, Dearness Allowance, Grade Allowance, etc. The initial gross salary is Rs.22,339/- per month.
Candidates can grow through the previous and revised salary of an RBI Assistant.
Have you ever thought of which one you would choose if you were in a situation like RBI Assistant Vs SBI PO? Candidates prefer the RBI Assistant post over other bank PO posts due to a large number of reasons. Some of them are listed below.
Bank PO | Basic Pay |
IBPS PO | Rs. 27,620 |
SBI PO | Rs.27,620 |
It must be noted that in order to clear highly competitive exams like RBI Assistant, you must make sure to stay updated with the Current Affairs also as current affairs constitute a major portion of most of the competitive exam syllabus and it requires consistent preparation to score in this section.
Frequently Asked Questions
What is the RBI Assistant salary after 7th pay commission?
What is the work of RBI Assistant?
What is RBI assistant job?
Is there interview in RBI assistant?
How many attempts are there for RBI assistant?
Do RBI assistants get pensions?
What is the in hand salary of RBI assistant?
April 3, 2023
The RBI Assistant receives a salary of approximately Rs. 32,000 every month including all the allowances such as DA, House Rent Allowance, Travel Allowances and all other perks. Go through the complete article to know about the RBI Assistant 2020 Salary, grade pay, the Salary-in-hand, the job profile, promotions, and more.
Exam | RBI Assistant Exam |
Conducting Body | Reserve Bank of India |
Basic Salary | Rs.14,650/- per month |
Allowances | Dearness House Rent, City Compensatory Allowance, Transport Allowance |
Total Salary | Rs.32,429/- per month |
Working Days | Weekdays |
Public Dealing | None |
Accommodation | Quarters will be provided |
Selection Process | Prelims, Mains, and Local Language Test |
Official Website | www.rbi.org.in |
After the 7th Pay Commission, there has been a huge hike in the salary for the assistant position. Reserve Bank of India pays a starting basic salary of ₹ 15,060/- per month (i.e. ₹ 13150 plus two advance increments admissible to graduates) in the scale of 13150-750 (3)-15400- 900(4) -19000-1200(6)-26200-1300 (2)-28800- 1480(3) – 33240 – 1750 (1)- 34990 (20 years). The following table displays the basic salary, pay scale, and gross pay that the newly hired employees will receive.
RBI Assistant Salary after 7th Pay commission | |
Basic Salary | Rs. 15,060/- per month |
Pay Scale | Rs 13150 – 750(3)-15400900(4)-19000-1200(6)-26200-1300(2)-28820-1480(3)-33240-1750(1)-34990(20 years) |
Gross pay | Rs. 32,429 |
The Salary In Hand that an Assistant receives is Rs 32,429/- including the house rent that the employees are entitled to. Reserve Bank of India is considered to be a very good payer when it comes to in-hand pay, increments, and other amenities.
The candidates who clear the exam and get selected as an RBI Assistant receive a number of perks and allowances. Go through the detailed information about perks and allowances received by an RBI Assistant in the below:
RBI Assistant will also receive a number of prerequisites after joining. The prerequisites are as follows-
The RBI Assistant gets multiple chances to get promoted to a higher level. The RBI Assistants who are willing to get promoted to the Officer Cadre should apply for and sit for the promotion test. Everyone cannot apply for the promotion test and in order to apply, they must have already served as an Assistant for at least 2 years period. The Promotion Tests will be conducted every two years. There are two processes for promotion to the Grade A Officer Level. The processes are:
Here, We have provided you details of what will be the RBI Assistant Career Growth.
The job profile of an RBI Assistant is the same as in other public sector banks. Let us have a look at the roles and responsibilities of an RBI Assistant:
The assistants in RBI are promoted through two processes- Normal and Merit Base Process.
There are 4 cadres as mentioned in the table below. The promotion of employees and moving up the ladder depends solely on performance. The amount of exposure and banking knowledge that RBI employees gain is very fruitful in their profession.
SCALE | CADRES |
Scale 1 | Officer/Assistant Manager(Grade 1) |
Scale 2 | Manager (Grade B) |
Scale 3 | Senior Manager (Grade C) |
Scale 4 | Chief Manager (Grade D) |
Candidates post selection as RBI Assistant will be initially posted in RBI Offices within the recruitment zone from which they applied. However, transfers may happen to other locations in case of an administrative exigency to different zones classified into West, South, North and East Zone offices as follows-
The basic salary of an RBI Office Attend will be Rs.10,940/- per month in the scale of 10940 – 380 (4) -12460 – 440 (3) – 13780 – 520 (3) – 15340 – 690 (2) -16720 – 860 (4) – 20160 – 1180 (3) – 23700 (20 years). Also, they are entitled to get other allowances like Special Compensatory Allowance, City Compensatory Allowance, Family Allowance, House Rent Allowance, Dearness Allowance, Grade Allowance, etc. The initial gross salary is Rs.22,339/- per month.
Candidates can grow through the previous and revised salary of an RBI Assistant.
Have you ever thought of which one you would choose if you were in a situation like RBI Assistant Vs SBI PO? Candidates prefer the RBI Assistant post over other bank PO posts due to a large number of reasons. Some of them are listed below.
Bank PO | Basic Pay |
IBPS PO | Rs. 27,620 |
SBI PO | Rs.27,620 |
It must be noted that in order to clear highly competitive exams like RBI Assistant, you must make sure to stay updated with the Current Affairs also as current affairs constitute a major portion of most of the competitive exam syllabus and it requires consistent preparation to score in this section.
Frequently Asked Questions
What is the RBI Assistant salary after 7th pay commission?
What is the work of RBI Assistant?
What is RBI assistant job?
Is there interview in RBI assistant?
How many attempts are there for RBI assistant?
Do RBI assistants get pensions?
What is the in hand salary of RBI assistant?