RBI Assistant: A dream job for any graduate

In this blog today, PracticeMock is going to cover a detailed analysis of the RBI Assistant job. The job of an assistant working at RBI is highly reputable. The job is lucrative in terms of salary and career growth. The official notification isn’t out yet. But it is being expected soon. Many aspirants every year wait eagerly for this very notification as it’s a preferred job for many and it also offers a route to enter RBI apart from the RBI Grade B examination.   

Important Dates

Here are all the important dates along with the tentative exam dates for Prelims & Mains:

Events	Date
Website Link Open	17.02.2022 to 08.03.2022
Payment of Examination Fees (Online)	17.02.2022 to 08.03.2022
Schedule of Online Preliminary Test (Tentative)	March 26 & 27, 2022*
Schedule of Online Main Test (Tentative)	May 2022*

Here are the following parameters included for the job analysis:

1. Selection Process
2. Job Profile
3. Salary Structure
4. Career Growth
5. Posting/Transfer Policy
6. Bond Signing

A Basic Overview

CATEGORY:	RBI Assistant
JOB PROFILE	file maintenance, MIS generation, management of data and drafting letters.
POSTING	Urban
PROMOTIONS	After 2-3 years
TRANSFER	After 3-5 years
EXAMINATION TYPE	Online: Prelims + Main + language proficiency
BOND	2 years

Selection Procedure  

The overall selection process is exactly the same for both exams.     

RBI Assistant

An objective examination along with a descriptive test during mains. 3 Rounds of the selection process:  Prelims, Mains, Personal Interview

RBI Assistant Exam Pattern 2021 

For Phase 1 – Prelims – RBI Assistant Exam Pattern 2021   

Name of Tests	No. of Qs	Max. Marks	Total Time
English Language	30	30	20 minutes
Numerical Ability	35	35	20 minutes
Reasoning Ability	35	35	20 minutes
Total	100	100	60 minutes

Note: This will be an Online Test (Objective Based)   

0.25 negative marking will be applicable for every wrong answer   

For Phase 2 – Mains – RBI Assistant Exam Pattern 2021   

Name of Tests	No. of Qs	Max. Marks	Duration
Test of Reasoning	40	40	30 minutes
Test of English Language	40	40	30 minutes
Test of Numerical Ability	40	40	30 minutes
Test of General Awareness	40	40	25 minutes
Test of Computer Knowledge	40	40	20 minutes
Total	200	200	135 minutes

Salary Structure

(i) Pay Scale:
Assistants will draw a starting basic pay of ₹ 20,700/- per month in the scale of ₹ 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (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, the initial monthly Gross emoluments for Assistants will be approximately ₹ 45,050/-.
*House Allowance of 15% of Pay will be paid to employees additionally if they are not staying in Bank’s accommodation.

Eligibility Criteria

Bachelor’s degree in any discipline with a minimum of 50% marks (pass class for SC/ ST/ PWD candidates).   

The age can be between 20-28 years as of July 1, 2022.    

Category	Age Relaxation
SC/ST	5 years
OBC	3 years
PWD	10 years in case of General Candidates, 13 years in case of candidates belonging to OBC category, 15 years in case of candidates belonging to SC?ST category
Ex-Servicemen	To the extent provided by Armed Forces+5 years
Divorced Women/Women judicially separated and not re-married/widows	10 years
Candidates holding working experience in RBI	Maximum of 3 years
Candidates belonging to the Jammu and Kashmir province of India	5 years

RBI Assistant BOND 

As an RBI assistant, you are obliged to sign a two-year bond. A bond signing is always looked down upon but it’s RBI efforts and cost which goes into training and sustaining an employee for two years. Other institutions might even have the same bond for more than two years. 

Career Growth Plan

The Scale 1 Officer / Assistant Manager (Grade A)   

Scale 2  Manager (Grade B)   

Scale 3 Senior Manager (Grade C)   

The Scale 4 Chief Manager (Grade D)   

There are four officer level ranks that can be acquired for an RBI assistants as they swim through their careers.  

Work Culture at Reserve Bank of India

The work pressure is not so tainting as of a bank clerk or of a probationary officer.  

Transfer Policy

Transfers for an RBI Assistant may happen every 3 to 5 years.  RBI mostly has offices in metros, state capital, or in two-tier cities of India.  

Others Perks, Allowances, and Benefits

• House rent allowance
• Dearness allowance
• Transport allowance
• City compensatory allowance
• Easy availability of bank loans
  

Conclusion

RBI Assistant by far is one of the finest and most rewarding entry-level government or banking job in India.

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