RBI Assistant Salary 2023: Pay Scale, In Hand Salary, Salary Structure

RBI Assistant Salary Structure 2023: RBI has released the RBI assistant official notification 2023. The notification has been released on the official website. In the notification, the exam conducting body has also mentioned the RBI assistant salary 2023. RBI Assistant salary is a luring factor for students who are appearing for the examination. The official notification has segregated the basic pay and pay scale for candidates to have a better idea.

According to the information shared by the official notification, the initial monthly gross emoluments (without HRA) for the Assistant will be approximately INR 47,849/. Further, RBI will also provide a house rent allowance of 15% to the candidates. Apart from salary, there are other various perks which candidates can enjoy after qualifying for the RBI assistant exam. 

Meanwhile, the RBI assistant exam has three levels including prelims, and mains followed by a Language Proficiency Test (LPT). The exam conducting body has also released the exam dates in the official notification. RBI assistant prelims exam 2023 will be held from November 18, 19, 2023. On the other hand, the RBI assistant mains exam will be held on December 31, 2023. 

RBI Assistant Exam 2023: Highlights 

Candidates can take a look at the important points of the RBI assistant exam 2023 below: 

 Revised RBI Assistant Salary

RBI has released the salary breakup for the RBI assistant post. Salary is one of the major factors apart from the job security that candidates want to qualify for the RBI assistant exam 2023. The exam conducting body has released the pay scale and basic pay structure for candidates to have a better understanding of the salary structure. 

Apart from the pay scale, there are a bunch of prerequisite factors which the exam conducting body has released for candidates in order to avail different benefits. Aspirants can take a look at the RBI assistant salary structure below. 

NOTE: At present, initial monthly gross emoluments (without HRA) for assistant will be approximately INR 47,849/.

RBI Assistant Salary Break-up 

Candidates can take a look at the following salary breakdown for RBI assistant post. 

RBI Assistant Salary Prerequisites

There are a bunch of prerequisites which candidates have to follow in order to avail other benefits for aspirants. Candidates can take a look at the following factors below. 

• Candidates must know that the bank's accommodation is subject to availability. 
• Aspirants can avail the benefits of newspapers, briefcases, book grants, allowance for furnishing of residence, etc as per eligibility. 
• Dispensary facilities besides reimbursement of medical expenses for OPD treatment/hospitalization will be given to the candidates as per eligibility.
• Regular employees who meet the minimum years of service requirement will be eligible for housing loans and personal advances at a discounted interest rate.
• The recruits will be governed by the Defined Contribution New Pension Scheme, in addition to the benefit of Gratuity.
• Candidates must know that there is a reasonable prospect for promotion to higher grades.
• Once the candidate has been selected, they will be initially posted in the Bank's office within the recruitment zone for which they had applied. However, in future, they are liable for transfers in different zones. 

Areas Included in Different Zones 

• East Zone: Guwahati (including Shillong, Agartala, Aizwal, Imphal, Itanagar, Kohima), Patna (including Ranchi), Kolkata (including Gangtok), Bhubaneswar, 
• West Zone: Mumbai (including Belapur, Pune, Panaji), Nagpur, Ahmedabad, Bhopal (including Raipur), 
• North Zone: Kanpur (including Lucknow & Dehradun), New Delhi, Chandigarh (including Shimla), Jaipur, Jammu / Srinagar, 
• South Zone: Bengaluru, Chennai, Hyderabad, and Thiruvananthapuram (including Kochi)

RBI Assistant Perks 

Apart from monthly salary, there are a bunch of other perks as well which are offered to candidates who have qualified the examination. Candidates can take a look at the following perks and allowances below: 

• Dearness Allowance
• House Rent Allowance (if accommodation is not provided)
• Compensatory Allowance
• Transport Allowance

House Rent Allowance: If the employees get the bank accommodation, then they will not be given any HRA and the license fee will be recovered from the candidate @ 0.3% of pay at the starting stage of the pay scale of class III. 

RBI Assistant Salary - Promotions 

Candidates must know that they have reasonable prospects of promotion in RBI assistant to higher grades. An internal exam will be conducted on a regular basis on which the candidate will be promoted. 

When the candidate is promoted, then his or her salary is subject to witness a hike. Also, with each promotion, candidates will be given more roles and responsibilities. 

Due to its attractive salary package and a wide array of benefits, the exam attracts a substantial number of candidates annually. Given the intense competition, the test is expected to be highly challenging. Therefore, individuals who are interested in taking the exam should prioritize thorough and dedicated preparation. Consistently practising with mock test papers is advised to enhance your section-wise timing.

Promotion of RBI Assistant manager in phases 

• Scale 1: Assistant Manager, Grade A 
• Scale 2: Manager, Grade B 
• Scale 3: Senior Manager, Grade C
• Scale 4: Cheif Manager, Grade D