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Home Articles

RBI Assistant Salary 2023 – Check Salary Structure

by Sreekesh Narayanan
March 16, 2023
in Articles, Banking, RBI Assistant
RBI Assistant Salary 2023
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Table of Contents

  • RBI Assistant 2023 Salary Structure
  • RBI Assistant 2023 Inhand Salary
  • RBI Assistant 2023 Allowances
  • RBI Assistant 2023 Promotions

India’s paramount banking institution, the Reserve Bank of India (RBI) will publish the latest notification inviting applications for assistants. This is a golden opportunity for every bank job aspirant. The official notification regarding the recruitment will be published soon on the official website of RBI. In this article, we are discussing the details of the RBI Assistant examination. We will also be discussing the RBI Assistant salary structure of the post. RBI assistant salary will be based upon the salary structure presented by the Reserve Bank of India and the candidates will be provided RBI assistant in hand salary after the detection of all of the taxes and other payments that the employees have to give if they have taken a job as an assistant. RBI assistant manager salary can also be checked from the official website of the organisation and you will be able to know more about the salary if you successfully apply for the entrance examination. There are a lot of different details present related to the salary structure that you must take into consideration before applying for the job. 

Click Here To Take A Free Mock Test For the RBI assistant vacancy

RBI Assistant 2023 Salary Structure

The candidates will have to take into consideration various details related to the salary to successfully apply for the Reserve Bank of India assistant job because it is a very prestigious recruitment opportunity and there is high competition in this job. The salary which will be provided to the employees of RBI will consist of proper gross pay and in hand salary which both will be specified at the time of giving you the job by the organization. Given below we are sharing some of the most important specifications related to the RBI assistant salary after 5 years and also the details related to the basic pay and the gross pay available by the organization to all of the employees. 

Parameters Details
Basic Pay ₹ 20,700/- per month
Payscale ₹ 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years) and other allowances
Gross pay ₹ 45,050/- per month
Salary in-hand The deductions will be made from the Gross Pay amount

RBI Assistant 2023 Inhand Salary

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5: What does "KYC" stand for in banking?

    Fill out the form to see the results



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    The candidates will be provided with a salary after all of the allowances and other perks are added to the gross salary of the employees. RBI assistant salary slip will have all of the information related to the basic pay and the pay scale which is provided to the employees. The candidates will be easily able to check out the RBI Assistant Salary After the 10th bipartite. You can also download your salary slip from the official portal created by the concerned authorities of The Reserve Bank of India in order to get more information related to the salary which will be provided to you by the authorities of the organization. The candidates will be provided more than Rupees 36000 per month as their in-hand salary. Given below we are sharing some of the deductions that the candidates will have to go through in order to get their salary.

    Deductions Amount
    EE NPS Contrib Amount Rs. 2,970/-
    Prof Tax- split period Rs. 200/-
    Meal Coupon Deduction Rs. 160/-
    MAF Rs. 225/-
    All India RBI Employee Rs. 10/-
    Sports Club Membership Rs. 10/-
    Total  Rs. 3,375/-

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    RBI Assistant 2023 Allowances

    The in-hand salary of an RBI Assistant has  ₹ 36091/- per month and the 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). The allowances may not be provided all the time. They are subject to conditions and availability. The employees will also be provided with reimbursements for the expenses of vehicle maintenance, newspaper, residence furnishing etc. RBI provides accommodation but it is subject to availability. Apart from these, an RBI Assistant can also enjoy many other advantages like dispensary facilities, loans and advances, Dearness Allowance, House Rent Allowance (if accommodation is not provided), Compensatory Allowance and Transport Allowance etc. The total annual pay of an RBI Assistant will be approx ₹ 433092/- per annum. Given below we are sharing some of the most important specifications of the perks enjoyed by the RBI assistant.

    Particular Details
    Basic Pay ₹ 20,700/-
    Additional  Rs. 265/-
    Grade Allowance Rs. 2200/-
    Dearness Allowance Rs. 12,587/-
    Transport Allowance Rs. 1000/-
    House Rent Allowance Rs. 2238/-
    Special Allowance Rs. 2040/-
    Local Compensatory Allowance Rs. 1743/-
    Gross pay ₹ 45,050/-
    Deduction Rs. 3,575/-
    Net Pay For RBI Assistant 2022 The deductions will be made from the Gross Pay amount

    House Allowance of 15% of Pay will be paid to employees additionally if they are not staying in Bank’s accommodation.

    RBI Assistant 2023 Promotions

    Once an aspirant gets appointed as an RBI Assistant, he will have to work for two years to become eligible for the promotions. There will be promotional or departmental tests once in two years. A candidate can get the promotion by either qualifying the promotional tests or qualifying exams like JAIIB or CAIIB conducted by the Indian Institute of Banking and Finance. The assistant will have to give service for a minimum period of two years and complete a bond period in order to be promoted to the officer level and you will also have to apply and appear for a promotion test. The candidates will have to qualify for the written examination based upon their experience and then they will be promoted as an officer or you can also be promoted as an officer by taking into consideration the merit. The different stages of the promotional growth of an RBI Assistant are as follows.

    • Scale 1 – Officer/Assistant Manager, Grade -A
    • Scale 2 – Manager, Grade- B
    • Scale 3 – Senior Manager, Grade- C
    • Scale 4 – Chief Manager, Grade -D

    Click Here To Take A Video Lesson For the RBI assistant vacancy

    RBI Assistant Salary 2023 Job Profile

    RBI, being the apex bank of India would provide you with an ample amount of job growth. Job Profile/ Work that he/she is to perform are as follows:

    • The foremost job would be to maintain files, collect receipts, balance tally, maintain the ledger, etc.
    • The eligible employee would be responsible to verify all the documents.
    • He/She would be entitled to issue and circulate a new currency
    • He/She will have to reply to e-mails and maintain a record of emails sent and received
    • As an RBI Assistant, he has to ensure financial stability.
    • Note that the Working Days are 5 (five) days a week, with gazetted holidays

    You can check out the details related to the salary given to the employees of the Reserve Bank of India as an assistant before successfully submitting the application form. The total salary which will be provided to the person working as an assistant in Reserve Bank of India is around 36000 and if the amount of salary aligns with your goals then you can definitely go and give the entrance examination accordingly. You can also check out the RBI assistant exam pattern and notification before successfully submitting the application form. Entri learning platform presented by the authorities working across various educational institutions in India. You can get video lessons and crash courses to excel in your preparations for Government jobs on this platform. Enroll now and take a free mock test in order to check your preparation for the prestigious RBI assistant entrance examination. 

    RBI Assistant Exam Information Links
    RBI Assistant Notification RBI Assistant Selection Process
    RBI Assistant Syllabus RBI Assistant Mock Test
    RBI Assistant Exam Date RBI Assistant Video Course
    RBI Assistant Application Form RBI Assistant Study Materials
    RBI Assistant Vacancy RBI Assistant Interview Questions
    RBI Assistant Admit Card RBI Assistant Job Profile
    RBI Assistant Study Plan RBI Assistant Preparation Tips and Tricks
    RBI Assistant Previous Question Papers RBI Assistant Result
    RBI Assistant Best Books RBI Assistant Cutoff
    RBI Assistant Eligibility Criteria RBI Assistant Exam Analysis
    RBI Assistant Answer Key

    FAQs

    Q1. What is the basic pay of RBI Assistant salary?
    The basic pay of RBI Assistant is Rs. 20,700/-.

    Q2. What is the gross pay of an RBI Assistant?
    The gross pay of  RBI Assistant is Rs. 45,050/-

    Share192SendShare

    Sreekesh Narayanan

    Sreekesh Narayanan, a seasoned content writer with 4 years of experience, specializes in creating engaging educational content for exams like PSC, UPSC, SSC, and RRB. A trusted source of knowledge, Sreekesh's PG Diploma in Journalism from Kerala Media Academy and BSc Computer Science form Calicut University ensures accurate and well-researched writing. His skillful breakdown of complex topics, paired with clarity and precision, caters to diverse readers. Through his experience in producing content that guides candidates through exam syllabus, question patterns, and effective study techniques, Sreekesh is well-versed in the latest developments and trends in the field of competitive exams. His valuable articles and resources have supported countless students in achieving success.

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