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RBI Assistant Salary 2024 - Pay Scale, In hand Salary, Perks and Allowances
Edited By Vishnukumar V | Updated on Jul 22, 2024 12:06 PM IST | #RBI Assistant
RBI Assistant Salary 2024 - The Reserve Bank of India prescribes RBI Assistant 2024 salary online on the official notification. The salary of RBI Assistant 2024 consists of the basic pay, allowances and in-hand salary. Apart from the RBI Assistant 2024 salary, candidates are also entitled to various other benefits. Candidates who qualify in the RBI Assistant exam will be shortlisted for the vacant posts and will get the RBI Assistant salary 2024. The Reserve Bank of India conducts the RBI Assistant exam to recruit candidates for various posts of Assistant in RBI banks.
This Story also Contains
- What Is the In-hand salary of RBI Assistant 2024
- RBI Assistant 2024 Salary Structure
- RBI Assistant 2024 - Perks and Allowances
- RBI Assistant Salary 2024 - Promotion
- How to Prepare for RBI Assistant?
RBI Assistant 2024 exam is one of India's sought after competitive banking exams for which a lot of candidates apply. In this article on RBI Assistant salary 2024, we will be sharing all the important information related to the salary, career growth, promotions and more.
What Is the In-hand salary of RBI Assistant 2024
After getting recruited for the vacant posts, candidates will get the monthly in-hand salary of approximately Rs. 45,050/-. The monthly RBI Assistant 2024 salary will increase after increments and promotions.
RBI Assistant 2024 Salary Structure
The pay scale of RBI Assistant as per the 7th pay commission is mentioned below -
The basic pay will be 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) and other allowances, viz. Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance etc.. The initial basic pay is Rs 20,700/- per month & initial monthly Gross emoluments for RBI Assistants is approximately Rs 45,050/- at present. House Rent Allowance (HRA) of 15% of Pay will be paid to RBI Assistants additionally, if they are residing in Bank's accommodation.
RBI Assistant Salary
Basic Salary | Rs. 20,700 |
Pay Scale | Rs 20,700 – Rs 55,700 |
Gross Emoluments | Rs. 45,050 |
Also Read:
RBI Assistant 2024 - Perks and Allowances
Along with the salary of RBI Assistant 2024, candidates will also be eligible for various perks and allowances. The perks and allowances provided to an RBI Assistant includes -
Dearness Allowance (DA)
House Rent Allowance (HRA)
Transport Allowance (TA)
City Allowance
Accommodation (No HRA will be given if candidate has given the government accommodation by RBI)
Medical bill reimbursement
Advance and Bonuses (Depends upon festivals etc)
Leave Fare Concession (LFC)
Government vehicle for official purpose
Newspaper/Briefcase/Furniture allowances if any
Loans at cheap interest rates, Car loans, education loans, consumer articles, personal computers, etc. These facilities will be given to candidates with a minimum of two years of service.
New Pension Scheme
Also read:
RBI Assistant Salary 2024 - Job Profile & Career Growth
Along with knowing the RBI Assistant 2024 salary, candidates might also be interested in knowing the job profile and career growth of the candidates. From the following pointers, candidates can check the job profile and career growth of RBI Assistant 2024.
The job of an RBI Assistant is related to file work, documentation, collecting receipts, balance tally, maintaining files, maintenance of ledger, etc.
Along with these, the RBI Assistant must also do verification of documents, they have the responsibility of circulation of new currency, replying to emails, maintaining records etc.
The working days of RBI Assistant are 5 days a week, with gazetted holidays.
Also read:
RBI Assistant Salary 2024 - Promotion
There are promotions in the RBI Assistant exam, candidates will be promoted to higher posts as per their experience and performance. During the promotion, candidates will also be eligible for increment in the salary, posting at higher post and also availing better facilities.
Also read:
How to Prepare for RBI Assistant?
In order to get recruited and avail the RBI Assistant 2024 salary as well as the benefits attached to it, candidates must also know the preparation tips of the RBI assistant exam. We are sharing a few pointers through which candidates can get an idea for the preparation of the RBI assistant exam.
Download the exam pattern and syllabus of the RBI Assistant mentioned in the notification to know the topics and subjects.
Download the previous year question papers of RBI Assistant and practise them for efficient preparations of the exam.
Refer to the best study materials in the form of books for RBI Assistant.
Give mock tests to assess preparation level.
Also read:
Frequently Asked Questions (FAQs)
1. What is the job profile of an RBI Assistant?
RBI Assistant has to perform various jobs like maintaining files, managing proper circulation of currency, verification of documents, maintenance of ledger.
2. What is the basic pay of an RBI Assistant?
The starting basic pay of RBI Assistant is Rs. 20,700 per month.
3. What is the take home salary of an RBI assistant?
The take home salary of an RBI Assistant is approximately Rs 45,050.
4. What is the salary of an RBI assistant after 5 years?
The salary of an RBI assistant after 5 years can be anything between Rs 70,000 approx. including allowances and other benefits.
5. Is RBI assistant a good job?
Yes, it is a good job. It is the best among other banking exams.
6. How many stages are there in the RBI Assistant exam?
There are 3 stages in the RBI Assistant exam - preliminary, mains and language proficiency test (LPT).
7. Is there negative marking in the RBI Assistant exam?
Yes there is negative marking in the exam and for every wrong answer 0.25 marks will be deducted. For every unanswered question, no marks will be deducted.
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12 min ⋆ Dec 19, 2024 05:12 AM ISTQuestions related to RBI Assistant
Have a question related to RBI Assistant ?
Hy,
To clear the RBI (Reserve Bank of India) civil services examination , it's important to understand that the RBI conducts competitive exams primarily for positions like Grade B officers and Assistant positions . These exams are not directly part of the UPSC Civil Services Examination but have their own specific requirements.
Steps to Clear RBI Exams:
-
Education Requirements :
- For RBI Grade B Officer , the minimum educational requirement is a bachelor’s degree with at least 60% marks (50% for SC/ST/PwBD).
- For RBI Assistant , a bachelor's degree is also required with at least 50% marks.
-
Focus Areas in Studies :
- Since you're in Class 10 now, focus on building a strong foundation in subjects like Mathematics , English , and General Awareness . These are crucial for competitive exams.
- After completing Class 12 , you can pursue graduation in any stream, though degrees in Commerce , Economics , or Management can be particularly useful for RBI exams.
-
Exam Pattern :
-
The RBI Grade B exam is divided into
three phases
:
- Preliminary Exam : Tests general awareness, reasoning, quantitative aptitude, and English.
- Main Exam : Focuses on economic and social issues, finance, management, and English.
- Interview : For final selection.
-
The RBI Grade B exam is divided into
three phases
:
-
Preparation :
- Start by reading newspapers daily to stay updated on current affairs.
- Develop your reasoning and analytical skills, which are key components of competitive exams.
- Once you're in college, consider joining coaching classes for banking exams to get focused guidance.
Key Tips:
- Stay consistent with your studies and have a clear plan for graduation.
- Building strong analytical and verbal skills from now will give you a significant advantage when preparing for RBI exams later.
By focusing on a solid academic foundation and being consistent with your preparation, you'll be well on your way to cracking the RBI exam.
Radhika Goyal 08 September,2024
Dear aspirant !
Hope you are doing well !
You may go to their site or you may visit sarkari result website to apply for the post . Applicants who have graduated from an accredited university can apply online . The RBI Assistant exam pattern is a three-step computer-based online test. Applicants must pass two levels of computer-based testing followed by a language proficiency test to qualify for vacancies..
Hope it helps you !
Thanks
Shivanshu 26 January,2024
hi there,
As per your query,
the best way to prepared for RBI Assistant in 1 month to get the job ,
You need to work hard in 1 month to get the RBI Assistant job,
you need to follow this for best preparation:
- English Language - This section consists questions from Reading passage,
sentence Rearrangement , Cloze test ,Spotting Error etc.
- Reasoning Ability - This section of consisting Reasoning Ability and this section is scoring , If you perform well in this section you can score more so this is scoring. Focus more on this section.
- General Awareness
- Aptitude is one of the main section , if you are doing well in this section , you have to more probability to crack the exam.
Hope you understand, In case of any issue revert here.
Thank you :)
Anushri Varshney 02 March,2022
Dear Student,
The Eligibility criteria for applying RBI assistant post is as follows :
- The age must be between 20-28 years
- Must complete graduation with min 55% marks or relevant CGPA aggregate
- For SC/ST and other category except GEN , you just need to complete your graduation
- Your communication language should be strong
You can check more details about the eligibility criteria from this link:
https://competition.careers360.com/exams/rbi-assistant#eligibility
Hope this helps !
Sumedha Bhattacharya 22 February,2022
Hello,
To be eligible for RBI Assistant the candidate must be of 20 years to 28 years age, not less than 20 years and not more than 28 years, however some gae relaxations are given to reserved categories:
For SC/ST- 5 years age relaxation
For OBC- 3 years age relaxation
For PWD- 10 years age relaxation
For candidate domiciled in the state of Jammu and Kashmir between 1st January, 1980 to 31st December, 1989- 5 years age relaxation
For more relevant information, you may visit here:
https://competition.careers360.com/exams/rbi-assistant
For AFCAT 2021 the age limit is as follows:
The candidate must not be less than 20 years and must not be more than 24 years of age for flying branch
The candidate must not be less than 20 years and more than 26 years for technical and non technical branches
For more relevant information, you may visit here:
https://competition.careers360.com/articles/afcat
Hope this helps, all the best.
To be eligible for RBI Assistant the candidate must be of 20 years to 28 years age, not less than 20 years and not more than 28 years, however some gae relaxations are given to reserved categories:
For SC/ST- 5 years age relaxation
For OBC- 3 years age relaxation
For PWD- 10 years age relaxation
For candidate domiciled in the state of Jammu and Kashmir between 1st January, 1980 to 31st December, 1989- 5 years age relaxation
For more relevant information, you may visit here:
https://competition.careers360.com/exams/rbi-assistant
For AFCAT 2021 the age limit is as follows:
The candidate must not be less than 20 years and must not be more than 24 years of age for flying branch
The candidate must not be less than 20 years and more than 26 years for technical and non technical branches
For more relevant information, you may visit here:
https://competition.careers360.com/articles/afcat
Hope this helps, all the best.
Garvita 21 October,2021
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