RBI Assistant Salary 2021 | Job Profile and Career growth

RBI Assistant Salary 2021 is one of the most handsome salaries offered to candidates. As the Reserve Bank Of India which is generally known as RBI conducts Recruitment to the post of Assistant every year. Along with impressive RBI Assistant Salary 2021, the RBI also provides various perks, Allowances, and benefits to the selected candidates. RBI is one of the renowned institutions in which Candidates want to retain a position due to various such benefits like impressive salary, and many more.

So in this article KopyKitab will provide you all the information about The RBI Assistant Salary 2021, salary structure, job profile, and Career Growth.

Exclusive RBI Assistant 2021 Salary  

The basic RBI Assistant 2021 Salary is Rs 14,650. However, this RBI Assistant Salary 2021 is generally looked at as Rs 13,150 with two advance increments to Graduates. Thus we can see that the initial pay for RBI Assistant Officer is Rs 13,150.

After three years, the basic RBI Assistant Salary of candidates becomes Rs 15,400 with an increment of Rs 750. After four years the RBI Assistant Officer gets a basic salary of Rs 19,000 with an increment of Rs 900.

The basic RBI Assistant salary after six years reaches Rs 26,200 with an increment of Rs 1,200. And after 20 years the maximum RBI Assistant Salary reaches Rs 34,990.

RBI Assistant Salary 2021 Structure

The pay scale of RBI Assistant Officer is Rs 13,150-750(3)-15,400-900(4)-19,000-1,200(6)-26,200-1,300(2)-28,800-1,480(3)-33,240-1,750(1)-34,990(20years)

The RBI Assistant Salary 2021- Structure is defined as:-

Initial Salary	Rs 14,650
Pay Scale	Rs 13,150-Rs 34-990
Gross Emoluments	Rs 36,091

RBI Assistant Salary 2021- Allowances and Benefits   

In addition to the monthly salary, the Candidates also receive various Allowances and Benefits. These Allowances are:-  

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

The candidates must note they will not be eligible for the House Rent Allowance if they are given the bank’s accommodation. However, the Licence fee is recovered from the candidates at 0.3% of pay at the starting stage of the pay scale of Class III.  

The benefit which the Candidates receive are:-  

1. Bank’s Accommodation subject to availability  
2. Reimbursement of expenses for maintenance of vehicle for official purpose.  
3. Newspaper, briefcase, book grant, Allowances for furnishing of residence, etc. as per the eligibility.  
4. Dispensary facility besides reimbursement of medical expenses for OPD treatment or hospitalization as per eligibility  
5. Interest-free festival advance  
6. Leave date concession  
7. Loans and advances at a concessional rate of interest for housing, care, education, consumer articles, personal computer, etc.  
8. Candidates will be governed by the defined contribution New Pension Scheme, in addition to the benefit of gratuity.   

RBI Assistant Job Profile  

The RBI Assistants are selected after clearing the exam such as Prelims and Mains. And after clearing Mains they need to pass the language proficiency test to get the allotment order.

But after the selection as RBI Assistant Officer, they have various roles and responsibilities which they are required to fulfill. 

1. Maintain office files, ledger balance, receipts, accounts, etc.  
2. Data entry works of the branch transactions.  
3. Responsibility of the currency circulation and the related issues.  
4. Response to the RTI queries and reply to the e-mails 
5.  Bank documents verification works. 
6. Coordinating in the work of the higher officials 
7. Government treasury works and maintenance of financial stability.   
8. The offices have only 5 working days.  
9. There is no public dealing involved. It may be needed to address the public grievances or information-providing campaigns.  

RBI Assistant Career Growth  

The career growth of RBI Assistant is an amazing process. Thus the candidate who wants to get a promotion to the Officer level needs to apply for the promotion test and appear for the Examination as well. Before any candidate wants to get a promotion they need to undergo their service period of a minimum of 2 years. Only after two years, the candidates become eligible for promotion to Officer Cadre. There are four scales in Officer Cadre:-  

1. Scale 1: Officer or Assistant Manager (Grade A)  
2. Scale 2: Manager (Grade B)  
3. Scale 3: Senior Manager (Grade C)  
4. Scale 4: Chief Manager (Grade D)  

These promotions are conducted at a period of every 2 years where RBI Assistants have an opportunity to become a part of that promotion. The RBI Assistant growths increase in salary and various other things. However, there are two processes for an RBI Assistant Officer to get promotion to a Grade A Level:-  

• Normal Process: In this process, the candidate is required to qualify for the exam and later based on their experience and Seniority in the services of a bank. Now after this process, the Candidates are selected for the next level.  
• Merit-based process: This includes two years minimum service as a clerk with a JAIIB and CAIIB diploma conducted by the Indian Institute of Banking and Finance (IIBF) is a must with a graduate or post-graduate degree. 

What is the total Number of Attempts Permitted for the RBI Assistant Exam 2021?  

The candidate can attend the RBI Assistant Recruitment Examination 2021 multiple times by satisfying the age criteria. For example, if the Candidate started appearing for the Examination at the age of 20 years then the maximum number of attempts is restricted to 8 times.

As the minimum age limit is 28 years. But the number of attempts also changes every category as there are age relaxations applicable for the categories like SC, ST, OBC, PWD, etc.  

Important Points for RBI Assistant Online Form  

• The mode of application submission is Online Only.  
• Thus, candidates Must apply online before the last date.  
• Candidates would require a scanned passport-size photograph and signature for submitting. 
• Also, be ready with the education certificate, employment certificates, address Proof to be used for filling in the correct information in the RBI Assistant Online Application form 2021.  
• Also, read the instructions for your convenience before applying online.  

We have included all the informayion regarding RBI Assistant Salary 2021. If you have anyquery feel free to ask in the comment section. 

FAQ’s – RBI Assistant Salary