Get complete information on RBI Assistant Salary 2024. Check the Job Profile, In-hand Salary, Perks, Allowances, and Growth details after 7th Pay Commission for RBI Assistant Post.
The RBI Assistant salary is INR 32,429 (in-hand). And the monthly income slowly increases with experience and duration of service.
The Reserve Bank of India recruits RBI assistants through RBI exams every year. There are posts of RBI assistants in various branches across various states of India. They are responsible for document verification, maintaining files, day to day transactions, etc. Recruitment to the RBI assistant post is through an All India Exam.
RBI Assistant Salary and Perks
An RBI Assistant's basic pay is INR 13,150. For graduates, the basic pay is INR 14,650, which comprises two increments of INR 750 each. The salary increases with definite increments and incentives year after year.
| Particular | Details |
| Basic Pay | INR 20,700 |
| Additional | INR 265 |
| Grade Allowance | INR 2200 |
| Dearness Allowance | INR 12,587 |
| Transport Allowance | INR 1000 |
| House Rent Allowance | INR 2238 |
| Special Allowance | INR 2040 |
| Local Compensatory Allowance | INR 1743 |
| Gross pay | INR 45,050 |
| Net Pay | INR 40,000 (approx) |
Also Read: RBI Grade B Officer Salary: In-hand Salary, Salary Structure
RBI Assistant Salary Deductions
The basic salary of an RBI Assistant is INR 14,650. Other than the basic pay, RBI assistants will get increments and incentives awarded by the central government of India.
The revised salary scale of an RBI Assistant post after the 7th pay commission is as follows:
| Deductions | Amount |
| EE NPS Contrib Amount | Rs. 2,970/- |
| Prof Tax- split period | Rs. 200/- |
| Meal Coupon Deduction | Rs. 160/- |
| MAF | Rs. 225/- |
| All India RBI Employee | Rs. 10/- |
| Sports Club Membership | Rs. 10/- |
| Total | Rs. 3,375/- (approx) |
RBI Assistant Salary Allowances
The salary structure of RBI assistants improved reasonably after the 7th pay commission. Other than the basic pay, RBI assistant will earn the following allowances from the government:
- Dearness Allowance
- House Rent Allowance
- City Compensatory Allowance
- Transport Allowance
Other than the allowances mentioned above, there are benefits that can be profited by the employee and dependents.
The following is the list of benefits that every RBI Assistant employee good gets
- Accommodation
- Reimbursements
- Loans and Advances
- Limited working days
- Medical facilities
- Pension and retirement benefits
RBI Assistant Salary After 7th Pay Commission
The basic pay of an RBI Assistant employee is INR 13,150, and there will be an increment of INR 750 for the first three years of service. For graduates, the basic pay is INR 14,650, which comprises two added increments. Later, the basic pay will be INR 15,400, and the increment for the next 4 years is INR 900. After this period, the basic pay will rise to INR 26,200, and then the increment will be INR 1300 for the next two years of service. Later, the basic pay will increase to INR 28,800, and the increment will be INR 1,480 for the next 3 years. The final basic pay will be INR 33,240 with an increment of INR 1,750, with which the payment will improve to an amount of INR 34,990 for the next 20 years.
Also Read: How to Prepare for Bank Exams? - Reading Comprehension, Current Affairs Preparation
RBI Assistant Job Profile and Salary
The RBI Assistant job profile involves in-office file works. Besides the responsibilities or duties mentioned above, the RBI Assistant employee may have many opportunities for career growth or promotion. RBI Assistants are eligible for higher-level promotions and are preferable for other RBI all India exams. The RBI Assistants can also get promoted to Grade B and Grade C posts.
The RBI assistant employee job comprises the following works:
- Maintaining and managing files, bills, and receipts
- Verification of all bank and related documents
- Managing emails
- Issue and circulation of new currency
- Ensuring financial stability
Also Read: How to Get a Government Job? Steps to Follow
