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2024 RBI Assistant Salary Package, Perks, Allowances & Many More

Ishika Kathuria

Updated on 12th July, 2024 , 3 min read

The Reserve Bank of India offers many prestigious jobs and the RBI assistant position is one such job, it comes with an exceptional package along with many perks and benefits. Recently, the RBI assistant salary was revised. To know more about the RBI assistant job profile, and salary, refer to the full article.

RBI Assistant Position 2024

The RBI Assistant position is not just a job, but a path towards a financially stable career in the banking sector. The reason why most people consider it as a dream job is because of its salary which comes with many benefits.

·    The RBI job position comes under the Central government.

·    The RBI in-hand pay salary is paid by the 7th pay commission.

·    The working hours are between 9:15 am to 5:15 pm which encourages work-life balance for all employees.

RBI LATEST SALARY SLIP WITH DEDUCTIONS

Pay & Allowances

Amt

Deductions

Amt

Basic Pay

24,300

EE NPS Contri. Amount

4,784

Additional Special Pay

430

Porf Tax- Full Period

200

Grade Allowance

3,500

License Fee

64

Dearness Allowance

16,210

Meal Coupon Deduction

160

Transport Allowance

1,200

MAF

225

Spl Perquisite Allowance

4,785

All India RBI Employee’s

50

Special Allowance

3,985

Sports Club Subscription

30

Local Compensatory Allowance

2,627

Staff CR Soc. Rec.

15,850

Spl Perquisite Allowance

1,924

Income Tax

6,103

Reim- ER Tax paid adj

941

 

 

Spl Grade Allowance

99

 

 

Gross Pay

60,001

Total Deductions

27,466

RBI Assistant Salary 2024 Perks and Allowances

·       Dearness Allowance: It is an additional allowance which is given to employees to bear the rising costs.

·       House Rent Allowance (HRA): It is an extra allowance given to employees to cover the house rent.

·       Compensatory Allowance: This allowance helps to bear the extra costs.

·       Transport Allowance: This allowance helps to cover the travel costs.

·       Housing Facility: RBI provides accommodation to its employees, subject to availability.

Extra Benefits

·    Reimbursement of vehicles for maintenance of vehicles for official use.

·    Dispensary Facilities

·    Interest-free festival advance

·    Allowance for furnishing of residence

RBI Assistant Age Limit 2024 (as on 01/09/23)

Category

Age

General

Between 20 and 28 years

Candidates born not earlier than 02/09/1995 and not later than 01/09/2003 (both days are inclusive) are not eligible to apply.

 

Age Relaxation

SC/ST

5 years i.e upto 33 years

OBC

3 years i.e upto 31 years

PwD

10 years for Gen

13 years of OBC

15 years for SC/ST

Ex-Servicemen

To the extent of service rendered by them in the Armed Forces plus an additional period of 3 years subject to a maximum of 50 years.

Widows/ Divorced Women/women judicially separated who are not re-married

10 years

Candidates holding working ex of RBI

To the extent of the number of years of such experience, subject to a maximum of 3 years.

Educational Qualification (as on 01/09/2024)

·    At least a Bachelor's Degree in any discipline with a minimum of 50% marks (pass class for SC/ST/PwBD candidates) in the aggregate and the knowledge of word processing on PC.

·    The fraction of percentage so arrived will be ignored i.e., 49.99% will be treated as less than 50% A candidate belonging to

·    Ex-servicemen category (except

·    dependents of ex-servicemen) should either be a graduate from a recognized University or should have passed the matriculation or its equivalent examination of the Armed Forces and rendered at least 15 years of defence service.

·       Candidates applying for post in a particular recruiting Office should be proficient in the language i.e., know to read, write, speak and understand the language) of the state/ any of the states falling under the recruiting Office.

RBI Selection Process 2024

Phases

Marks

Mode of Exam

Prelims

100

Objective (MCQ)

Mains

200

Objective (MCQ)

LPT

NA

Verbal + Written

·    The mains exam has five different sections: Reasoning, Quantitative, Aptitude, English Language, Computer Knowledge, and General Awareness.

·    There is a negative marking of 0.25 marks for the wrong answers attempted by the candidate. No marks will be deducted if the questions are left unanswered or blank.

 

 

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