Introduction
What are the basic differences between the RBI Assistant and IBPS Clerk exams?
- RBI Assistant and IBPS Clerk exams are equally popular as they both provide high paying salaries.
- The RBI Assistant exam offers clerical level posts whereas the IBPS Clerk exams provide officer level posts.
- RBI Assistant exams are organized by RBI whereas IBPS Clerk exams are organized by the Institute of Banking Personnel Selection.
| Exam details | RBI Assistant | IBPS Clerk |
|---|---|---|
| Organized by | RBI | Institute of Banking Personnel Selection |
| Selection Process | 3 tests (Prelim, Mains & Language Proficiency Test) | 3 tests (Prelim, Mains, & Interview) |
| Type of Exam | Online | Online |
| Offered position | Assistant | PO (Probationary Officer) |
| Participating Organizations | RBI | 21 banks of India |
Pattern
| RBI Assistant Prelims | IBPS Clerk Prelims |
|---|---|
| Sections – 3 viz. English, Quantitative Ability, and Reasoning Ability | Sections – 3 viz. English, Reasoning, and Numerical Ability |
| Total Time – 1 hour | Total Time – 20 minutes to each section (1 hour overall) |
| Negative marking – 0.25 negative marks for one wrong answer | Negative marking – 0.25 negative marks for one wrong answer |
| Total marks – 100 | Total marks – 100 |
| Students need to pass in both sectional and overall cut-off | Students need to pass in both sectional and overall cut-off |
| RBI Assistant Prelims | IBPS Clerk Prelims |
|---|---|
| Sections – 5 viz. English language, Computer, General Awareness (Banking & Economy), Numerical ability & Computer Aptitude | Sections – 4 viz. Reasoning & Computer Aptitude, English, General/Financial Awareness, Quantitative Aptitude |
| Total Time – 2 hours | Total Time – 160 minutes (45 minutes for Reasoning & Computer Aptitude, 35 minutes - English, 35 minutes - General/Financial Awareness, 45 minutes - Quantitative Aptitude |
| Negative marking – 0.25 negative marks for one wrong answer | Negative marking – 0.25 negative marks for one wrong answer |
| Students need to clear both sectional and overall cut-off | Students will qualify only after clearing the Mains and selection depends on the performance given in the interview as well |
Salary
| RBI Assistant | IBPS Clerk |
|---|---|
| Basic Payment (In Rs.) - 13150 | Basic Payment (In Rs.) - 23700 |
| Pay band - 13150-750(3)-15400-900(4)-19000-1200(6)-26200-1300(2)-28800-1480(3)-33240-1750(1)-34990(20 years) | Pay band - 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020 |
| Gross Salary (In Rs.) – 36091 | Gross Salary (In Rs.) - 38703 |
| RBI Assistant | IBPS Clerk |
|---|---|
| Housing Accommodation | Dearness Allowance |
| Vehicle Maintenance Expenses | Special Allowance |
| LTC – Leave Travel Concession (After every two years for the family of the employee) | City Compensatory Allowance |
| Briefcase & Newspaper | House Rent Allowance |
| Book Grant | |
| Festival Advance (Interest-Free) | |
| Medical Expenses | |
| Educational, Personal, Car, Housing Loans, etc. at concessional rates |
Job Roles
| RBI Assistant | IBPS Clerk |
|---|---|
| Data Entry & Maintaining records and files | Front desk executive |
| Maintaining records of e-mails | Increasing the bank's business by bringing in new customers |
| Replying to e-mails | Supervision |
| Answering to RTI queries | Managing different departments and ensuring proper communication between them |
| Document verification | Loan processing |
| Issuing currency and ensuring proper circulation | Handling cash and various bank accounts |
| Verification and creating reports |
Growth
| RBI Assistant | IBPS Clerk |
|---|---|
| Promotion to Grade-A Level Officer – After completion of 2 years. | Promotion is given every 2 years. |
| Assistant Manager - After completion of 2 years. | Bank Clerk – Assistant Manager/Officer |
| After that the candidate can apply for promotion tests to get promoted to these levels: | Assistant Manager - Manager |
| Grade B i.e. Managerial Level | Manager – Senior Manager |
| Grade C i.e. Assistant General Manager | Senior Manager – Chief Manager |
| Grade D i.e. Deputy General Manager | Chief Manager – Assistant General Manager |
| Grade E i.e. General Manager | Assistant General Manager – Deputy General |
| Grade F i.e. Deputy Governor | Manager – GM (General Manager |
Note: Most of the CMDs and EDs of different banks start their career as Probationary Officer and some of them may also get selected as DG (Deputy Governor) of RBI.
Postings
| RBI Assistant | IBPS Clerk |
|---|---|
| There are fewer chances of transfers for RBI Assistant as compared to an IBPS Clerk. | IBPS Clerks can get transferred more frequently as compared to RBI Assistants. |
| Postings can be only in the few selected departments and offices of RBI. | Apart from towns and cities, postings can be in any rural or remote area of India where it is difficult to find modern facilities. |