RBI Assistant Salary 2020: Job Growth, Benefits, and Profile

RBI Assistant Salary: RBI has finally released RBI Assistant Prelims Admit Card to recruit 926 eligible candidates. The prelims exam is scheduled to be held on 14 and 15 February 2020. Before aspirants actually appear for the exam, it is necessary for them to know about how much salary, growth and other benefits, RBI provides to the Assistant. Also, knowing the profile is also important for an aspirant. Through this article, we have covered all the relevant information required for the aspirants who are aiming RBI Assistant post this year.

Check RBI Assistant Official Notification

RBI Assistant Prelims Admit Card Out

Before we go into the salary and other gorwth prospects, let us quickly have a look at the RBI Assistant Prelims Admit Card. Call letter for the prelims exam is being released and candidates can click on the link given below to download the admit card for the exam:

RBI Assistant Admit Card for Prelims 2020 out: Check Official Link here

RBI Assistant Salary 2020: Job profile and work responsibilities

Being a banker of the banks, RBI holds the recruitment process thus the responsibilities that one needs to undertake after selection holds the crucial importance. RBI recruits number of eligible candidates to support the ongoing challenges in RBI offices. When a new currency is released or there is demonetization in the country, Assistant has to bear several responsibilities.Below mentioned are some of the duties that are performed by the RBI Assistant post selection.

Duties and work responsibilities of RBI Assistant 2019

#To ensure about the financial stability

#To regulate currency and its circulation and any issue associated with the said term.

#Responsibilities related to government treasury work.

#Verification of various banking documents.

#Collection of receipts, maintenance of files, ledger and balance tally etc.

#Entering the daily transaction in computer and maintaining the fair record of the same.

#Responsible to reply the queries over mail on daily basis.

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RBI Assistant Salary and Perks 2019

RBI offers the highest salary even to the clerk of the organization. Due to its lucrative salary and other benefits employees are more rerouted towards this RBI. RBI is known as the bankers of the bank thus making it a center of attraction among aspirants.

Pay Scale Of RBI Assistant 2019

Assistants will draw a starting basic pay of ₹ 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) and other allowances, viz. Dearness Allowance, House Rent Allowance, City
Compensatory Allowance, Transport Allowance etc., as admissible from time to time. At present, initial monthly Gross emoluments for Assistants approximately ₹ 36091/-.

Please note: 

* House Rent Allowance will not be paid to the employee, if Bank’s accommodation is provided and license fee will be recovered from her/him @ 0.3% of pay at the starting stage of the pay scale of Class III.

RBI Assistant will also be given following benefits

  • Dearness Allowance
  • House Rent Allowance
  • City Compensatory Allowance
  • Transport Allowance

Apart from the benefits mentioned above, RBI Assistant is also eligible to avail the following perks

  • Housing Accommodation (Subject to availability)
  • Reimbursement for maintenance of Vehicle
  • Newspaper, briefcase, Book grant
  • Furnishing of residence subject to eligibility
  • Festival advance
  • Leave for concession
  • Five days working
  • Reimbursement of medical expenses
  • Loans at concessional rates
  • No public dealing is involved

RBI Assistant career growth 2019

RBI provides various multiple opportunity for career growth. Employees have to clear promotional or departmental test to be eligible for officer level. But once you get selected as RBI Assistant you have to serve a period of at least 3 years at this post to be eligible for promotion.

Promotional activities are conducted once in a two year where an Assistant can participate in the promotion process. There are two levels for an Assistant to get promoted to RBI Grade A officer level.

  1. Willing employees will have to clear a written test , clearing after which he will be promoted to next level on the basis of seniority or work experience.
  2. One can clear JAIIB or CAIIB exam conducted by Indian institute of Banking and Finance. But having a graduate degree is must.

Growth in RBI takes place in various form. You may expect to become Officer in RBI in few years. For instance check the table.

Growth opportunities:

RBI Assistant
RBI Grade A officer
RBI Grade B officer
RBI Grade C officer
RBI Grade D officer

We hope this article has served its purpose. Make sure you fill the application form before the deadline to avoid last minute hassle. Start preparing for RBI Assistant prelims right away. All The Best!

Check the RBI Assistant 2019 Notification 

Also check: Check RBI Assistant 2019: Detailed Exam Pattern and Syllabus

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