RBI Assistant Salary Structure
Reserve Bank of India conducts an exam annually to recruit Assistants. This year prelims exam will take place in December. We had recently published the latest Notification, Eligibility Criteria & Exam Pattern. Here we will discuss about the latest RBI Assistant Salary structure 2016. It will cover a large spectrum of details such as RBI Assistant pay scale, remuneration, CTC & other benefits. We have also shared RBI Assistant allowances information.
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Assistants are recruited to provide support in the various departments of RBI offices. As the name of the post suggest, Assistants help in proper and smooth functioning of the bank. They are mostly associated with clerical type work.
RBI Assistant Salary Structure 2016 | How much will you be paid?
RBI Assistant Pay Scale | RBI Assistant Allowances | Remuneration | CTC | Other Benefits
In our earlier articles we have discussed about the RBI Assistant exam. Here we will discuss the aspects related to salary that come-up after clearing the exam. Most of you may not have an idea about it. Don’t worry this page will serve the purpose. Read on and you will learn about various facets of RBI Assistant salary and other benefits.
Let us begin with discussion on RBI Assistant salary structure and pay scale.
RBI Assistant Salary
Selection for the post of Assistant will be done through a country-wide competitive Examination. It is will be organized in two phases i.e. Preliminary and Main examination followed by an Interview. The RBI Assistant salary structure comprises of the salary for the different posts that an Assistant will get after promotion.
At present the approximate initial gross emoluments for Assistants is Rs 32124 per month.
RBI Assistant Pay Scale
Selected Candidates will draw a starting basic pay of Rs 14650 per month. Graduate candidates will get Rs 13150 plus two advanced increments. Further Assistants gets ample opportunities to get into the Officer grade. Their pay scale increases multi-fold.
However initially they will be placed in the following pay scale.
- 13150-750 (3)-15400- 900(4) -19000-1200(6)-26200-1300 (2)-28800- 1480(3) – 33240 – 1750 (1)- 34990 (20 years).
|Sr. No.||Post/ Grade/ Scale||Pay Scale|
|1||Assistant||13150-750 (3)-15400- 900(4) -19000-1200(6)|
|2||Special Assistant||26200-1300 (2)-28800- 1480(3)|
|3||Senior Assistant||33240 – 1750 (1)- 34990 (20 years)|
Moreover if you get into the Officer grade (by writing respective examinations) you are likely to get the pay scale equivalent as to the following posts.
|Sr. No.||Post/ Grade/ Scale||Pay Scale|
In addition to that they may in exceptional cases get into Grade-E or Grade-F.
RBI Assistant Allowances
You may have got an idea that the salary factor is satisfactory for Assistant’s post. In addition there are many opportunities to rise up. But the salary is not limited to the basic pay.
Candidates selected are eligible for following RBI Assistant allowances that add up to form their CTC/ remuneration.
- Dearness Allowance
- Transport Allowance
- House Rent Allowance
- City Compensatory Allowance
At present, initial monthly gross emoluments for Assistants is approximately Rs 32124 (including allowances).
Other Benefits to RBI Assistants
In addition to RBI assistant allowances, Assistants are entitled to get other benefits. They are listed below.
- RBI’s accommodation subject to availability.
- Reimbursement of expenses for maintenance of vehicle for official purpose.
- Financial-aid regarding newspaper, briefcase, book grant, furnishing of residence etc.
- Dispensary facility besides reimbursement of medical expenses of OPD treatment / hospitalization.
- Interest free festival advance.
- Leave Fare Concession (Once in two years for self, spouse and eligible dependents).
- Loans and Advances at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc.
- Defined Contribution New Pension Scheme, in addition to the benefit of Gratuity.
Application Fee: –
Candidates have to pay examination fee (RBI Assistant Exam) plus intimation charges as follows.
1) Rs 50 for SC/ ST/ PWD candidates.
2) Rs 450 for all others.
By now you must have understood the various aspects related to the latest RBI Assistant Salary structure 2016 such as RBI Assistant pay scale, remuneration, CTC & other benefits. We hope you now know RBI Assistant Allowances like HRA, DA, CCA & TA.
If you have any doubts or queries you may ask below.
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