RBI Assistant Salary 2022, Revised Payscale, In-hand salary, benefits and other details

Safalta Expert Published by: Himani Mehra Updated Sun, 23 Oct 2022 08:46 PM IST

Highlights

Looking for details on RBI Assistant Salary? Check details of in-hand salary, job profile, allowances, careeer growth and more here at Safalta.com.

Looking for details on RBI Assistant salary? If yes, then you have reached the right page. RBI Assistant salary is a handsome amount which makes this post very lucrative for a lot of candidates. The payscale has been revised for RBI Assistant. The new RBI Assistant payscale is Rs. 20700 – 1200 (3) – 24300 – 1440 (4) - 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years). RBI Assistant basic salary is Rs. 20,700/- per month and the gross salary stands at Rs. 45,050/- per month. Read this article to know the complete RBI Assistant salary structure and other details. If you are preparing for Banking Exam, then download the following free e-books:
 
A Complete Set of Puzzle & Seating Arrangement   Book of Data Interpretation and Analysis Puzzle & Data Interpretation E-Book Combo Pack

Table of Contents

RBI Assistant Salary 2022

While RBI Assistant is a dream for many of aspiring students who opt for a job in the banking sector. After the 7th day of commission, the in-hand salary of RBI Assistant is Rs.36,091 per month.

Free Demo Classes

Register here for Free Demo Classes

Please fill the name
Please enter only 10 digit mobile number
Please select course
Please fill the email
Something went wrong!
Download App & Start Learning
The basic pay 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. The breakdown of the RBI Assistant salary is as follows:
Basic Pay Rs. 20,700/-
Payscale Rs. 20700 – 1200 (3) – 24300 – 1440 (4) - 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years)
Gross pay Rs. 45,050/-
 

RBI Assistant Salary: Perks and Allowances

Apart from a reputed job and a good salary there are various perks and allowances that an RBI Assistant is offered. The allowances that an RBI Assistant receives include the following:
  • Dearness Allowance
  • City Compensatory Allowance
  • Transport Allowance
  • House Rent Allowance
The amount of allowances are as follows:
Additional Special Pay 400
Grade Allowance 3500
Dearness Allowance (DA) 9,718
Transport Allowance 1200
Special Prerequisite Allowance 2753
Special Allowance 3788
City Compensatory Allowance 2515
 
Other benefits which are provided to RBI Assistant include:
  1. RBI’s accommodation (subject to availability)
  2. Vehicle maintenance for official purpose
  3. Newspaper
  4. Briefcase
  5. Furnishing Allowances
  6. Reimbursement of medical bills
  7. Interest-free festive advance
  8. Leave Fare Concession (LFC)
  9. Loans at concessional interest rates
 

 

RBI Assistant Salary: Deduction 

The deductions related to the Assistant section salary is as follows:
EE NPS Contribution Amount 3635
License Fee 63
Meal Coupon Deduction 160
MAF 225
All India RBI Employee 50
Sports Club Subscription 40
Total 4,173
In-hand Salary 42,801
 

RBI Assistant Salary: Job Profile and Career Growth

It is also important for candidates aspiring to appear for RBI Assistant Exam to know about the job profile of RBI Assistant. The responsibilities of RBI Assistant include the following:
  • To file work: Maintaining files, collecting receipts, balance tally, maintenance of ledger, etc.
  • Verifying bank documents
  • Issuing and circulating the new currency
  • Maintaining Accounts
  • Replying to e-mails and maintaining a record of the same
Besides, the above-mentioned responsibilities and various perks that have been mentioned before, RBI Assistant is provided with various opportunities for promotion. RBI conducts internal promotional exams at regular intervals. Candidates who pass these exams are promoted to higher positions. As positions increase, candidates' salary also increases with promotions. 

Also Read:
SSC Delhi Police Constable Result SSC CPO Syllabus RBI Grade B Eligibility RBI Grade B Salary
 CAIIB Salary  SEBI Officer Grade A Exam Pattern IBPS PO Exam Pattern JAIIB Salary
 

Other Benefits of Being A RBI Assistant

There are various benefits of being an RBI Assistant which is as follows:
  • Work-life: RBI Assistant has to work for 5 days a week. The job duration is 8 hours per day. Weekends are off for RBI Assistant. Thus this job maintains a balance between the work-life and personal life of the employee. Along with this, the number of leaves granted to RBI Assistant is more than what is given in other banking sector jobs. 
  • Medical Benefits: RBI provides medical facilities for the employee and the family as well which a very substantial benefit of working with RBI.
  • Accommodation Facility: RBI Assistants are provided with an accommodation facility.
  • Education Loan: RBI gives education loans up to Rs.20 lakhs to the children of the employees at a very nominal rate. The children are also given scholarships.
  • Housing Loan: RBI gives a housing loan facility to its employees, which is up to Rs.30 lakhs at nominal rates.

Is RBI assistant a good job?

RBI Assistant is undoubtedly one of the most respectable and the best job for the aspirants of the banking sector. One gets to learn a lot in the organization and simultaneously gets paid quite decently along with other perks and allowances. Working for RBI is a dream for many.

Which is better RBI assistant or SBI clerk?

Providing excellent growth opportunities, RBI Assistants can go to as high as Grade C posts in RBI. SBI Clerk, on the other hand, is a well-established post that is involved in public handling. If you are someone who enjoys dealing with public dealing, SBI Clerk can be an excellent position.

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.

Is the RBI assistant job transferable?

RBI Assistants do not get transferred till they complete at least 5 years of their service at one particular branch.

Does RBI give pension to retired RBI Assistants?

All existing employees who joined RBI before January 1, 2012, will get this benefit. For retirees, the cut-off date is November 1, 1990, the date of introduction of the pension scheme at RBI. ... “No arrears of pension will be paid for the period prior to July 1, 2020,” RBI said.

Free E Books