RBI Assistant Vs IBPS PO – Which one to Choose?

The RBI Assistant 2021 recruitment notification is not released yet, however the IBPS PO notification has already been released. The IBPS PO Prelims exam is scheduled on 04.12.2021 and 11.12.2021 tentatively. The notification for RBI Assistant 2021 will be released soon and those who are planning to give the exam can go through a free mock test and test their initial preparation level. Generally, if you will talk to aspirants they are in constant dilemma as which one should they go for out of these two. The battlefield of RBI Assistant Vs IBPS PO has always been intense and thus, the competition levels are rising high. As this is an important question that creeps up in every aspirant’s mind time and again, so here we are to help them a little by providing an insightful glimpse of both RBI Assistant and IBPS PO exams, salaries and job perks etc by comparing the two.  

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RBI Assistant Vs IBPS PO

Let’s start the comparison of the two by mentioning that RBI Assistant is a clerical cadre exam while IBPS PO is an Officer level exam, however still both of these exams are equally popular, thus aspirants are always under utter confusion as which one to choose out of the two. Here we are clarifying a bit of it.

RBI Assistant Vs IBPS PO Exam Pattern

As far as the exam pattern of these two examinations are concerned, mentioned below are the details:

As far as Prelims exam pattern for the two is concerned, is the same. The RBI Assistant & IBPS PO Prelims comprises of three sections including English Language, Reasoning Ability and Numerical Ability. Each section has a time duration of 20 minutes with a total time of 1 hour. Moreover, negative marking of 0.25 marks is applicable per incorrect answer in both these exams. The major difference in the RBI Assistant exam pattern and IBPS PO exam pattern lies in the Mains.

RBI Assistant Mains Exam Pattern	IBPS PO Mains Exam Pattern
The Mains of RBI Assistant comprises of 5 sections including English Language, Quantitative Aptitude, Reasoning Ability, Computer Knowledge & General Awareness	The IBPS PO Mains comprises of 4 sections including Reasoning & Computer Aptitude, English language, Data Analysis & Interpretation, General/Economy/Banking Awareness & English language (Letter writing & Essay)
The total time duration of RBI Assistant Mains is 2 hours & 15 mins	The total time duration of IBPS PO Mains is 3 hours and an additional 30 minutes test is of Letter and Essay Writing

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RBI Assistant Vs IBPS PO Salary

Another important factor of comparison is the salary structure of the two and other allowances.

RBI Assistant Salary	IBPS PO Salary
As far as the basic pay of an RBI Assistant goes is Rs 13150/-	The basic pay of an IBPS PO is Rs 23700/-
Gross Salary – Rs 32528/-	Gross Salary – Rs 38703/-
Pay Scale of RBI Assistant – 13150-750(3)-15400-900(4)-19000-1200(6)-26200-1300(2)-28800-1480(3)-33240-1750(1)-34990(20 years)	Pay Scale of IBPS PO – 23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020

Looking at the overall picture is the comparison of RBI Assistant Vs IBPS PO it can be clearly seen that the Gross Salary of an IBPS PO is a little better than RBI Assistant though not much difference is there, however on the contrary as an RBI Assistant you will be eligible for the Assistant Manager position after 3 years and will get a good hike in your salary, which is not the case with IBPS PO. Also, as far as work is concerned an RBI Assistant has less work pressure as compared to an IBPS PO. Thus, job of an RBI Assistant is much better in terms of IBPS PO in terms of work life balance.

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 RBI Assistant Vs IBPS PO Other Perks and Allowances

RBI Assistant Other Perks & Allowances	IBPS PO Other Perks & Allowances
Housing Accommodation	House Rent Allowance
Leave travel concessions for employee’s family once every two years	City compensatory allowance
Book grant, briefcase and newspaper	Special allowance
Reimbursement of vehicle maintenance expense	Dearness allowance
Interest free festival advance
Reimbursement of medical expense for OPD treatments and hospitalization
Loans at concessional rates for housing, car, education, consumer articles and for personal computer etc.

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RBI Assistant Vs IBPS PO

RBI Assistant	IBPS PO
As an RBI Assistant the employee transfer is due after every 5 years.	PO’s are transferred after every 3 years.
RBI employees are mostly posted in urban locations and no rural posting is there, reason being that RBI has no branches in rural areas	IBPS PO’s tend to get posted in rural areas quite often
No work pressure is there in RBI and comparatively the job as an RBI Assistant is less stressful	On the contrary there is work pressure as an IBPS PO since it is a public sector bank
RBI working hours are generally fixed. 5 days a week from 9:15 to 5:15 PM	As an IBPS PO generally you will not be relieved this early and its 6 days working

Moreover, as a brand one cannot compare RBI with any other public sector bank as RBI is the father of all banks and working with RBI is something really big and cannot be ignored. Thus, it is apparent that working as an RBI Assistant will fetch you more relaxation in terms of work pressure, postings etc.

Next comes the job profile of RBI Assistant and IBPS PO.

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RBI Assistant Vs IBPS PO Job Profile

RBI Assistant Job Profile	IBPS PO Job Profile
Verification of both Banking & Non-Banking documents	Job profile includes overseeing the activities of the assistants
Maintaining files	Manage the job at the front desk
Job profile includes data entry	IBPS POs are responsible for getting new business to the Bank
Currency Issue & circulation	Accounts and cash handling
Respond to RTI queries	Their job profile is to handle various departments & coordinate work among department
Replying and maintaining email logs	Processing of loans and reporting & verification
Initiation of Notes belonging to various centres	Authorize and generate Reports

Last but not the least, comes the career growth opportunities of RBI Assistant and IBPS PO. The career growth of the two is explained in detail below:

Career Growth of RBI Assistant Vs IBPS PO

RBI Assistant

Grade A Officer (Assistant Manager)

Grade B Officer (Managerial Level)

Grade C (Assistant General Manager)

Grade D (Deputy General Manager)

Grade E (General Manager)

Grade F (Deputy Governor)

IBPS PO

Manager (Scale II)

Senior Manager (Scale III)

Chief Manager (Scale IV)

AGM (Scale V)

DGM (Scale VI)

GM (Scale VII)

CMD (Chairman and Managing Director)

After completing a period of 2 years as an RBI Assistant an examination is to be qualified for the next level and if you clear that you will be promoted as an Assistant Manager which is Grade A officer. It is the lowest grade in the hierarchy of Officer Cadre. Then with promotion tests you can be further promoted according to the above-mentioned hierarchy. Deputy Governor is the highest grade in the hierarchy.

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Conclusion

RBI Assistant is undoubtedly the most reputed and sorted job among the two. Thus, those aspirants who have this confusion in mind as which out of the two you should choose then you can clearly figure out the difference and can take a wise decision yourself. Working for RBI is like a dream come true as the job comes with great perks and opportunities to learn quite new things. So, start preparing for one of this most reputed job by taking a free mock test of RBI Assistant 2021 exam and analyzing your performance level.

If preparing for this exam, don’t forget to attempt a free mock test. So, this is all from us on this particular topic. For more such exam comparison analysis, sign up with PracticeMock.