Introduction
Who is an RBI assistant?
An RBI assistant is a clerk whose duty is to serve regional offices and various departments of RBI. They usually assist officers by maintaining records, ensuring financial stability, replying to emails, etc.
Salary
- An RBI assistant gets a decent salary along with several perks and incentives.
- The basic salary of an RBI assistant at the time of selection is Rs. 14,650 (Rs. 13,150 along with 2 advance increments) but the basic pay increases with the growth of experience.
- The basic salary of an RBI assistant can be anywhere between Rs. 14,650 to Rs. 34,990 depending on his/her experience.
The Pay Scale of an RBI assistant is as follows:
- 13150-750 (3) -15400- 900 (4) -19000 -1200 (6) -26200 -1300 (2) -28800 -1480 (3) – 33240 – 1750 (1) - 34990 (20 years)
- The in-hand salary during training is 22K approximately.
- The in-hand salary during the initial period of service is 32K approximately.
Growth
How much growth can an RBI assistant expect?
- An RBI assistant can achieve a considerable career depending on his/her skills and ability to clear exams and tests.
- There are various tests conducted by RBI which helps them to become an RBI officer.
- A person will be eligible to appear for these tests only if he/she has completed 2 years of service as an RBI assistant.
- Opportunities for promotion are provided every 2 years where an assistant can grab the opportunity and become a Grade-A Officer.
- RBI assistants need to clear a written exam first. After clearing the test, RBI will also consider their seniority, reputation, and experience before promoting them.
- A candidate can also pass the CAIIB or JAIIB test organized by IIBF (Indian Institute of Banking &Finance) to become a Grade-A Officer. However, to be eligible for this exam, the person must have either a postgraduate or a graduate degree.
| RBI Assistant Career Growth |
|---|
| Grade D Officer |
| Grade C Officer |
| Grade B Officer |
| Grade A Officer |
| RBI Assistant |
Perks
What are the different benefits applicable to an RBI assistant?
The different types of allowances that an RBI assistant gets are as follows:
- House rent allowance (not applicable if the employee has been given accommodation by the bank)
- Dearness allowance
- CCA (City Compensatory Allowance)
- Transport allowance.
- The gross emoluments (monthly) reach up to Rs. 36,091. This excludes the extra allowances and perks that the RBI assistant is applicable to.
- Due to all the above-mentioned allowances, an RBI assistant enjoys a lucrative salary.
- Accommodation (if applicable)
- Vehicle maintenance reimbursements (Only if the vehicle is used for official purposes)
- Advance at the time of festivals
- Coverage for medical expenses
- Loans are offered at competitive rates
- LFC (Leave Fare Concession)
- Working for only 5 days
- Briefcase
- Allowance to furnish the accommodation (if eligible)
- Newspaper & book grant