RBI Assistant Salary: Revised In-hand Salary, Pay Scale, Perks and More

0
131

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.

RBI Assistant 2022: Revised In-hand Salary, Pay Scale Perks & More

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 DetailsRBI Assistant Salary 2019RBI Assistant Salary 2022
Basic PayRs. 14,650Rs. 20,700
Pay ScaleRs. 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 EmolumentsRs. 36,091Rs. 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 ServiceBasic PayIncrement
First 3 yearsRs. 20,700Rs. 1200
Next 4 yearsRs. 24,300Rs.1440
Next 6 yearsRs.30,060Rs.1920
Next 2 yearsRs. 41,580Rs.2080
Next 3 yearsRs.45,740Rs. 2370
Next 1 yearRs.52,850Rs.2850
20 yearsRs.55,700

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 & AllowancesAmount (in Rupees)
Basic Pay20,700
Additional Special Pay265
Grade Allowance2200
Dearness Allowance12,587
Transport Allowance1000
House Rent Allowance2238
Special Allowance2040
Local Compensatory Allowance1743
Gross Pay45,050
Net Pay40,000 (approx.)

Note-

  • 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-

DeductionsAmount (in Rupees)
EE NPS Amount2970
Prof Tax- split period200
Meal Coupon Deduction160
MAF225
All India RBI Employee’s10
Sports Club Membership10
Total 3,375 (approx.)

RBI Assistant 2022: Perks 

Apart from the aforementioned salary and allowances, an RBI Assistant is also entitled to the following perks as per eligibility-

Perks & Benefits

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-

West Zone

  • Ahmedabad
  • Bhopal (including Raipur)
  • Mumbai (including Belapur, Pune and Panaji)
  • Nagpur

South Zone

  • Bengaluru
  • Chennai
  • Hyderabad
  • Thiruvananthapuram (including Kochi)

North Zone

  • Chandigarh (including Shimla)
  • Jaipur
  • jammu/Srinagar
  • Kanpur (including Lucknow & Dehradun)
  • New Delhi

East Zone 

  • Bhubaneswar
  • 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-

Job Profile & Career Growth

Study with ixamBee for RBI Assistant 2022

Online Course

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.

Mock Test

ixamBee provides a range of free mock tests that you can take at any time, from anywhere. Follow the links to take a mock test today!

RBI Assistant Prelims free mock test

RBI Assistant Mains free mock test

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.

At ixamBee, you can find free Online Test Series, GK updates in the form of BeePedia, as well as latest updates for SBI PO, Bank Clerk, SSC, RBI, NABARD, and Other Government Jobs.

Also read

RBI Assistant 2022: Official Notification for 950 Vacancies, and a Revised Salary of Rs. 45000+

RBI Assistant Exam 2022: Best Study Material for Prelims and Mains Exam

Language Proficiency Test

RBI Assistant 2022: Everything To Know About Previous Year Cut-off and Previous Year Papers

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments