Working with the Reserve Bank of India (RBI) is a dream of many aspirants. It is one of the largest financial organisations in India which regulates the banking sector. Therefore, to be a part of the RBI is a matter of pride for everyone aspiring to join the banking sector. Selected candidates get an opportunity to learn from experts in various fields across sectors of economy and across the globe. Moreover, job security, a good salary, and a variety of benefits are just a few of the features that make banking jobs popular among the aspirants. Therefore, jobs in the banking sector are the most common government jobs among today’s youth.
RBI Assistant is one such job opportunity that offers you a good salary package along with other perks and benefits. Moreover, in 2022, RBI revised the salary of RBI Assistants. Therefore, in this blog, we will cover all the details regarding revised in-hand salary, pay scale, perks and other benefits. So, if you are appearing for the RBI Assistant 2022 exam, we urge you to stay till the end.
- 1 RBI Assistant 2022: Revised Salary Structure
- 2 RBI Assistant Postings
- 3 RBI Assistant 2022: Job Profile & Career Prospects
- 4 Study with ixamBee for RBI Assistant 2022
- 5 Also read
RBI Assistant 2022: Revised Salary Structure
As per the RBI Assistant 2022 official notification, the Basic Pay for an RBI Assistant has been revised to ₹20,700 per month. The Gross Salary of an RBI Assistant is, thus, approximately ₹45,050 per month now.
Given below is the comparison of RBI Assistant salary of 2019 and 2022-
|Salary Details||RBI Assistant Salary 2019||RBI Assistant Salary 2022|
|Basic Pay||Rs. 14,650||Rs. 20,700|
|Pay Scale||Rs. 13150- 750 (3)- 15400- 900(4)- 19000-1200(6)- 26200- 1300 (2)- 28800- 1480(3) – 33240– 1750 (1)- 34990 (20 years).||Rs. 20700- 1200 (3)- 24300- 1440 (4)- 30060- 1920 (6)- 41580- 2080 (2)- 45740- 2370 (3)- 52850- 2850- 55700 (20 years).|
|Monthly Gross Emoluments||Rs. 36,091||Rs. 45,050|
RBI Assistant 2022: Salary Increment
Given below is the breakdown of the basic pay of RBI Assistant along with the increment for every year of service-
|Years of Service||Basic Pay||Increment|
|First 3 years||Rs. 20,700||Rs. 1200|
|Next 4 years||Rs. 24,300||Rs.1440|
|Next 6 years||Rs.30,060||Rs.1920|
|Next 2 years||Rs. 41,580||Rs.2080|
|Next 3 years||Rs.45,740||Rs. 2370|
|Next 1 year||Rs.52,850||Rs.2850|
RBI Assistant 2022: Pay & Allowances
Besides the above mentioned salary, the RBI Assistants are also entitled to certain allowances. Let’s look at the allowances of an RBI Assistant in detail-
|Pay & Allowances||Amount (in Rupees)|
|Additional Special Pay||265|
|House Rent Allowance||2238|
|Local Compensatory Allowance||1743|
|Net Pay||40,000 (approx.)|
- House Rent Allowance (HRA) will not be paid to the employee if he/she has been provided with Bank’s accommodation.
- However, if the selected candidates are not staying in Bank’s accommodation, House Allowance of 15% will be paid to the employees additionally.
RBI Assistant 2022: Salary Deductions
The total deductions in the net pay are given below-
|Deductions||Amount (in Rupees)|
|EE NPS Amount||2970|
|Prof Tax- split period||200|
|Meal Coupon Deduction||160|
|All India RBI Employee’s||10|
|Sports Club Membership||10|
RBI Assistant 2022: Perks
Apart from the aforementioned salary and allowances, an RBI Assistant is also entitled to the following perks as per eligibility-
RBI Assistant Postings
Initially, the selected candidates will be posted in RBI’s Office within the Recruitment Zone from which they have applied. However, candidates are liable to be transferred to the various regional offices which are grouped and classified into the West, South, North and East Zone offices as under-
- Bhopal (including Raipur)
- Mumbai (including Belapur, Pune and Panaji)
- Thiruvananthapuram (including Kochi)
- Chandigarh (including Shimla)
- Kanpur (including Lucknow & Dehradun)
- New Delhi
- Guwahati (including all North Eastern states excluding Gangtok)
- Kolkata (including Gangtok)
- Patna (including Ranchi)
RBI Assistant 2022: Job Profile & Career Prospects
From the career growth perspective, RBI provides many opportunities to its employees to grow in the organization. RBI conducts various internal promotional exams at regular intervals for the promotion of its employees. With every promotion, the RBI Assistant salary increases along with an increase in the roles and responsibilities of the employee.
There are two ways through which candidates can get promoted to higher posts-
The job profile and career growth of an RBI Assistant is given below-
Study with ixamBee for RBI Assistant 2022
We encourage you to begin your RBI Assistant exam 2022 preparation well in advance. If you want to understand how ixamBee can help you prepare, please take a demo class for RBI Assistant Online Course on our website.
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We hope you start preparing for the RBI Assistant Exam 2022 right away. Preparing in advance will work wonders to give you the boost you need.
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