RBI Assistant 2023 Salary, Perks & Selection Process

The candidates applying for RBI Assistant must have a knowledge about  the work profile. Proper knowledge about RBI Assistant 2023 salary structure is important to motivate the candidate. 

Detailed Structure of RBI Assistant 2023 salary is as follows:

RBI Assistant Basic Pay₹ 20,700/-
RBI Assistant Pay Scale₹ 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years)
RBI Assistant Gross pay₹ 45,050/-

RBI Assistant Prerequisites:

  • Bank’s accommodation subject to availability.
  • Reimbursement of vehicle maintenance used for official purposes.
  • Newspaper Expense
  • Briefcase Expense
  • Book Grant Expense
  • Furnishing of residence Allowance
  • Medical Bill Reimbursement
  • Interest free Festival Advance
  • Leave Fare Concession
  • Loans and Advances at nominal rate of interest

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RBI Assistant Salary Deduction:

The RBI Assistant Salary 2023 deductions are as follows:

DeductionsAmount
EE NPS Contrib AmountRs. 2,870/-
Prof Tax- split periodRs. 200/-
Meal Coupon DeductionRs. 160/-
MAFRs. 225/-
All India RBI Employee’sRs 10/-
Sports Club MembershipRs. 10/-
TotalRs 3,375/-

Benefits of RBI Assistant

There are several benefits of RBI Assistant which are mentioned below:

  • Work-life: RBI Assistant has to work for 8 hours per day and 5 days in a week. All Saturday and Sunday are Fixed off. The number of leaves is more than other banking sector jobs.
  • Medical Benefits: RBI provides medical facilities for the employee and as well as to the family of the employee.
  • Accommodation Facility: RBI Assistants also provides accommodation facility.
  • Education Loan: RBI gives education loans to the children of the employees up to Rs.20 lakhs at a nominal rate of interest. scholarships are also given to the children of the candidate.
  • Housing Loan: RBI gives a housing loan up to Rs.30 lakhs at nominal rate  of interest.

RBI Assistant Career Growth:

Candidates who are shortlisted will get multiple chances to get promoted to higher level. An officer needs to serve a bond period of 2 years to be eligible for the promotion. To get promoted to the higher scale, there are 2 processes which are provided below.

Normal Process: In this process, a candidate needs to qualify a written test and as per the candidate’s experience he/she will get promoted to a higher level.

Merit-Based process: In this process, candidates have 2 years of service as an RBI Assistant and candidates must have a JAIIB /CAIIB diploma which is conducted by the IIBF every year and candidate must have a graduation degree.

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The candidate will get promotion on the basis of the following scale:

  • Scale1- Grade-A, Officer/Assistant Manager
  • Scale2- Grade-B, Manager
  • Scale3- Grade-C, Senior Manager
  • Scale4- Grade-D, Chief Manager

RBI Assistant Selection Process Phases 2023

RBI Assistant Selection Process will be based on three major phases, which are as follows:

  • Prelims
  • Mains
  • Language Proficiency

RBI Assistant Prelims Examination 2023

S.noName of Tests (Objective)No. of QuestionsMaximum MarksTotal Time
1English Language303020 minutes
2Numerical Ability353520 minutes
3Reasoning Ability353520 minutes
Total10010060 minutes
  • The duration of the examination will be 1 hour.
  • For every correct answer, the candidates will get 1 mark.
  • For every incorrect answer, the aspirants  will get a deduction of 1/4th mark.

RBI Assistant Main Examination 2023

S.noName of Tests (Objective)No of QuestionsMaximum MarksDuration
1Test of Reasoning404030 minutes
2Test of English Language404030 minutes
3Test of Numerical Ability404030 minutes
4Test of General Awareness404025 minutes
5Test of Computer Knowledge404020 minutes
Total200200135 minutes

RBI Assistant Language Proficiency Test 2023

The aspirants who are shortlisted from the main on-line examination will have to undergo a language proficiency test (LPT). The language proficiency test will be conducted in the Official / Local Language of the State concerned as detailed below. If the candidate fails to pass the language proficiency test, then the candidates will be disqualified from the test.

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The Office wise local language/s is/are:

ThiruvananthapuramMalayalam
PatnaHindi / Maithili
New DelhiHindi
NagpurMarathi / Hindi
MumbaiMarathi / Konkani
KolkataBengali / Nepali
Kanpur & LucknowHindi
Jammu Urdu / Hindi / Kashmiri
JaipurHindi
HyderabadTelugu
GuwahatiAssamese / Bengali / Khasi / Manipuri / Bodo / Mizo
ChennaiTamil
ChandigarhPunjabi / Hindi
BhubaneswarOriya
BhopalHindi
BengaluruKannada
AhmedabadGujarati

This brings us to the end of the article. Sign up with PracticeMock to get more exam related important updates. Candidates can check 10 Tips to Clear RBI Assistant 2023 Exam in First Attempt

Abhishek Jatariya

I help candidates prepare for SSC, Banking and Regulatory exams by covering topics ranging from exam patterns to syllabus to study techniques and more.

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