RBI Assistant Salary 2024
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RBI Assistant Salary

RBI Assistant Salary 2024: The Reserve Bank of India offers good salaries to candidates who join on the position of Assistant. One of the most important factors encouraging candidates to apply for RBI Assistant is Salary. The monthly salary of an Assistant working in RBI is Rs. 47,849 including perks and allowances. Along with salary structure, candidates should work roles and responsibilities assigned to Assistants working in the apex bank of India.

RBI Assistant Salary 2024

The starting salary of RBI Assistant is Rs. 20,700 per month based on the new salary structure. The salary increases after completion of 2 years of probation period. RBI Assistant Salary Structure is Rs. 20,700 – 1,200 (for 3 years) – 24,300 – 1,440 (for 4 years) – Rs. 30,060 – 1,920 (for 6 years) – Rs. 41,580 – 2,080 (for 2 years) – Rs. 45,740 – 2,370 (for 3 years) – Rs. 52,850 – 2,850 – Rs. 55,700 (after 20 years). An attractive salary package with multiple benefits excites candidates to start preparing for the RBI Assistant exam. Read the blog to know details regarding in-hand salary, job roles, and promotions.

RBI Assistant Salary 2024 Overview

The information regarding RBI Assistant Salary Structure is summarized in table format. Candidates can check basic pay, pay scale structure, and gross salary.

RBI Assistant Salary 2024 Overview
Name of Organizing BodyReserve Bank of India
Exam NameRBI Assistant
Total VacanciesTo be Notified Soon
Basic SalaryRs. 20,700
RBI Assistant Pay ScaleRs. 20,700 – 1,200 (for 3 years) – 24,300 – 1,440 (for 4 years) – Rs. 30,060 – 1,920 (for 6 years) – Rs. 41,580 – 2,080 (for 2 years) – Rs. 45,740 – 2,370 (for 3 years) – Rs. 52,850 – 2,850 – Rs. 55,700 (after 20 years)
Gross SalaryRs. 45,050/-
Official Website Linkwww.rbi.org.in
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RBI Assistant In-Hand Salary 2024

The basic salary of RBI Assistant is Rs. 20,700 monthly. A list of perks and allowances included in basic salary are:

  • Grade Allowance
  • Dearness Allowance
  • Transport Allowance
  • House Rent Allowance
  • Special Allowance
  • Local Compensatory Allowance

The addition of these perks and benefits to the basic salary makes the gross salary Rs. 45,050. Candidates receive an in-hand salary of Rs. 40,000 monthly after joining RBI in an Assistant level position. All details regarding in-hand salary are tabulated below.

RBI Assistant In-Hand Salary 2024
Basic SalaryRs. 20,700
Additional Rs. 265
Grade AllowanceRs. 2200
Dearness AllowanceRs. 12,587
House Rent AllowanceRs. 2238
Transport AllowanceRs.1000
Special AllowanceRs. 2040
Local Compensatory AllowanceRs. 1743
RBI Assistant Gross SalaryRs. 45,050
RBI Assistant In-Hand SalaryRs. 40,000

RBI Assistant Roles & Responsibility 2024

The job role of Assistant joining RBI is clerical. People who join RBI at the Assistant level are transferred to the head office and regional offices of the Reserve Bank of India. The list of roles of responsibilities of RBI Assistant are:

  • Keeping & Arranging Files: The Assistant is responsible for keeping and arranging files of various departments operating in the Reserve Bank of India.
  • Organizing Ledger Accounts: The job role of RBI Assistant is to organize and arrange data in the correct order in ledger accounts.
  • Handle Data Entry Work: The RBI Assistant job is clerical to perform data entry work department-wise.
  • Give Response to RTI Queries: Assistants are responsible for answering Right to Information (RTI) queries.
  • Currency Issue & Circulation: RBI is an apex banking institution that handles the working of public and private banks. Assistants coordinate with the senior team to issue and circulate currencies.
  • Coordinate with Team: Assistant is responsible for coordinating with the team working in RBI.
  • Verify Bank Documents: The RBI Assistant is responsible to do verification of bank documents for concerned departments.

RBI Assistant Gross Salary 2024

The details of the RBI Assistant Gross Salary structure are covered in this section. Gross salary is calculated based on the basic salary of an Assistant Rs. 20,700 adding perks and benefits. Assistant receives perks and allowances apart from salary. The gross monthly salary of an RBI Assistant is Rs. 45,050. Suitable candidates after joining the Reserve Bank of India on Assistant level posts serve 2 years probation. After that, they get promotions and career growth based on performance analysis.

RBI Assistant Benefits & Promotions 2024

Candidates serve a probation period of 2 years after joining an assistant-level position in the Reserve Bank of India. After completion of the probation period, a performed analysis is conducted of the Assistants. They become eligible to get promotions based on criteria decided by RBI.

  • Scale 1: Officer/Assistant Manager (Grade A)
  • Scale 2: Manager (Grade B)
  • Scale 3: Senior Manager (Grade C)
  • Scale 4: Chief Manager (Grade D)

Rules of Promotion Process in RBI

  • Merit-Based Process: Selected candidates for Assistant level posts serve 2 years of probation. They should give AIIB and CAIIB diplomas offered by the Indian Institute of Banking and Finance (IIBF).
  • Normal Process: Candidates have to appear in a written test to participate in promotions conducted by RBI.

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RBI Assistant Salary 2024 FAQs

What is RBI Assistant Salary 2024?

RBI Assistant Salary 2024 is Rs. 40,000 monthly.

What is the basic salary of RBI Assistant?

The Basic Salary of RBI Assistant is Rs. 20,700 monthly.

What are the perks added to the RBI Assistant Salary?

Perks included in RBI Assistant Salary are Grade Allowance Dearness Allowance, Transport Allowance, House Rent Allowance, Special Allowance, and Local Compensatory Allowance.

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By Divya Sharma

My Role as a Content Writer in PracticeMock is to craft research based blogs. I ensure that aspirants get accurate information on government exams through blogs.

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