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RBI Assistant Salary 2023 - Basic, Pay Scale, Gross Emoluments, Perks and Allowances

RBI Assistant Salary 2023 - Basic, Pay Scale, Gross Emoluments, Perks and Allowances

Edited By Devnath Tiwari | Updated on May 24, 2023 10:56 AM IST | #RBI Assistant

RBI Assistant Salary 2023 - The RBI will prescribe RBI Assistant 2023 salary online on the official notification. Candidates who qualify in the RBI Assistant exam will be shortlisted for the vacant posts and will get the RBI Assistant salary 2023. The salary of RBI Assistant 2023 consists of the basic pay, allowances and in-hand salary. Apart from the RBI Assistant 2023 salary, candidates are also entitled to various other benefits. The Reserve Bank of India conducts the RBI Assistant exam to recruit candidates for various posts of Assistant in RBI banks.

RBI Assistant 2023 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 2023, 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 2023?

After getting recruited for the vacant posts, candidates will get the monthly in-hand salary of approximately Rs. 45,050/-. The monthly RBI Assistant 2023 salary will increase after increments and promotions.

RBI Assistant 2023 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 ₹ 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 2023 - Perks and Allowances

Along with the salary of RBI Assistant 2023, 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 2023 - Job Profile & Career Growth

Along with knowing the RBI Assistant 2023 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 2023.

  • 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 2023 - 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 2023 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 Question (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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Questions related to RBI Assistant

Have a question related to RBI Assistant ?

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

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 :)

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 !

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.

Hi,

RBI Assistant exam is conducted every year by the Reserve Bank of India (RBI) to recruit eligible candidates for different sub-offices and branches of the bank.

Candidates age must be between 20 and 28 years,for sc it is 33 and for obc category of it is 31 years.

To appear for RBI Assistant Examination you should have completed your graduation degree with a minimum aggregate of 50% marks.

This is the basic educational eligibility criteria but candidates who are in the final semester/year of the graduation can also apply provisionally subject to the condition that, if called for an interview, they will have to produce proof of having passed the Graduation Examination on or before the date of release of RBI Assistant Notification.

Whenever the notification will come check the date which is mentioned to produce graduation certificate.

Hope it's help you.


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