RBI Assistant is one of the most sought-after exams that leads you to a reputed job in a reputed organization. The RBI Assistant 2020 recruitment notification came on 23rd December and till then there is a rage among aspirants in order to get in here. As you can check in the detailed notification there are a total of 926 vacancies only, however the candidates applying for this exam will be a lot more than the number of vacancies, thus making the competition really tough. Aspirants will be even more excited after knowing the RBI Assistant 2020 salary and allowances.
As per the notification, the online registration is going on and the last date for the same is 16th Jan, 2020. However, those who are sincerely thinking of applying for this exam must not wait till the last day and apply for RBI Assistant 2020 today. PracticeMock is ready with a free mock test for those who have applied already so that you get to know your strong and weak areas right in the beginning.
Apart from a high esteemed job profile, RBI gives lot of other perks such as work-life balance, growth opportunities and a good lifestyle. Apart from this the RBI Assistant salary and benefits are even good. In this blog we are giving out information related to the RBI Assistant salary and allowances.
RBI Assistant 2020 – Pay Scale
- RBI Assistants will be drawing a basic pay of Rs 14,650/- per month (i.e. ₹ 13,150/- 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).
- Presently the initial monthly Gross emoluments for Assistants approximately ₹ 36091/-.
- Other allowances include
- House Rent Allowance
- Dearness Allowance
- City Compensatory Allowance
- Transport Allowance etc.
These allowances are as admissible from time to time.
4. The recruits will be governed by the Defined Contribution New Pension Scheme, in addition to the benefit of Gratuity.
Getting a job as an RBI Assistant is not easy and especially when the vacancies are as limited as 926. However, with a great effort and little bit of smart work one can achieve the desired goal. The best way to achieve success in RBI Assistant 2020 exam is by practicing mock tests on a regular basis. Moreover, apart from the salary there are few Perquisites and other allowances for an RBI Assistant.
RBI Assistant Salary 2020 –Perquisites
Medical – Dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility
Loans – Loans available at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc. These will be available to regular employees who will put in at least two years of service.
Pension – The recruits will be governed by the Defined Contribution New Pension Scheme, in addition to the benefit of Gratuity.
Advances – Interest-free Festival Advance, Leave Fare Concession (once in two years for self, spouse and eligible dependents).
Accommodation & Vehicle – Bank’s accommodation subject to availability. Employees even get reimbursement of expenses for maintenance of vehicle for official purpose, Newspaper, Briefcase, Book Grant, Allowance for furnishing of residence etc. as per eligibility.
Work-Life Balance – RBI provides quite a good work-life balance such as the working hours are fixed and it is a 5-day working job. No work pressure is there in RBI as compared to other bank jobs.
Postings – If we talk about RBI employees they are mostly posted in urban locations and no rural posting is there because of the fact that RBI has no branches in rural areas.
RBI Assistant Zone-Wise Office Postings
Those candidates who will be selected will be initially posted in RBI’s office within the Recruitment Zone for which they had applied. However, they are liable to be transferred in administrative exigencies as under:
Ahmedabad, Bhopal (including Raipur), Mumbai (including Belapur, Pune and Panaji), Nagpur
Bengaluru, Chennai, Hyderabad, and Thiruvananthapuram (including Kochi)
Chandigarh (including Shimla), Jaipur, Jammu / Srinagar, Kanpur, (including Lucknow & Dehradun), New Delhi
Bhubaneswar, Guwahati (including all North Eastern states excluding Gangtok), Kolkata (including Gangtok), Patna (including Ranchi)
Looking at the above RBI Salary and benefits many of you would be thinking that the job profile is sorted, however the job profile of an RBI Assistant is basically dependent upon the department with which they are attached to. Now, let’s come to the RBI Assistant syllabus and exam pattern. Those who are planning to give the exam must know that the exam is conducted in three different phases including RBI Assistant Prelims, Mains and LPT (Language Proficiency Test)
RBI Assistant Exam Pattern 2020 Prelims
|S. No.||Name of Objective Test||No. of Questions||Max Marks||Total Time|
|1||English Language||30||30||20 mins|
|2||Numerical Ability||35||35||20 mins|
|3||Reasoning Ability||35||35||20 mins|
RBI Assistant Exam Pattern 2020 Mains
|S. No.||Name of Objective Test||No. of Questions||Max Marks||Total Time|
|1||Test of Reasoning||40||40||30 mins|
|2||Test of English Language||40||40||30 mins|
|3||Test of Numerical Ability||40||40||30 mins|
|4||Test of General Awareness||40||40||25 mins|
|5||Test of Computer Knowledge||40||40||20 mins|
|Total||200||200||135 mins (2 hours & 15 mins)|
RBI Assistant 2020 Language Proficiency Test (LPT)
Those who will be selected from the RBI assistant mains 2020 exam will have to undergo a Language proficiency test which will be conducted in the official/local language of the state concerned. Candidates those who are not proficient in the Official/Local language shall be disqualified. The details of the office wise local language are mentioned below:
|Chandigarh||Punjabi / Hindi|
|Guwahati||Assamese / Bengali / Khasi / Manipuri / Bodo / Mizo|
|Jammu||Urdu / Hindi / Kashmiri|
|Kanpur & Lucknow||Hindi|
|Kolkata||Bengali / Nepali|
|Mumbai||Marathi / Konkani|
|Nagpur||Marathi / Hindi|
|Patna||Hindi / Maithili|
Last but not the least, as far as career growth prospects in RBI are concerned, there are four scales in the Officer cadre:
- Scale 1 – Officer / Assistant Manager (Grade A)
- Scale 2 – Manager (Grade B)
- Scale 3 – Senior Manager (Grade C)
- Scale 4 – Chief Manager (Grade D)
Promotions in RBI are conducted at a period of every 2 years wherein there are two processes to get promoted:
- Normal process
In this an employee has to qualify a written exam and then he or she will be selected as an Officer on the basis of his seniority and experience.
- Merit basis
Minimum two-year service as a clerk with a JAIIB and CAIIB diploma conducted by Indian Institute of Banking and Finance (IIBF) is must with graduate/post-graduate degree.
After knowing all the detailed information, apply today for RBI Assistant 2020 and start practicing by buying RBI Assistant Prelims & Mains Test Package. This is all from us related to RBI Assistant salary, pay scale and benefits. For details, check the below mentioned blogs specifically curated for RBI Assistant 2020.
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