In this post I am going to tell you about the RBI Assistant Salary, Perks and Allowances.
RBI Assistant salary is quite attractive and this job is considered as one of the best in the banking industry. In the conclusion part of this article I have given detailed reasons why this is such a good job.
RBI Assistant is considered better than that of IBPS PO mainly because of the facilities offered by the RBI. The work pressure is quite less in RBI Assistant and it is much better that any other job of any Public sector bank. In public sector banking jobs there is extreme pressure now-a-days and in such scenario RBI Assistant job is far better. Now I am going to tell you about the RBI Assistant Salary and perks.
RBI Assistant Salary
Basic Salary: The starting basic salary of RBI Assistant is Rs. 14650.00 (Basic salary of Rs. 13750.00 + two increments for graduates makes it to Rs. 14650.00)
Pay Scale: RBI Assistant will be in the pay scale of Rs. 13150-750 (3)-15400- 900(4) -19000-1200(6)-26200-1300 (2)-28800- 1480(3) – 33240 – 1750 (1)- 34990 (20 years).
Allowances: There will be various allowances apart from the basic salary. These allowances are Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance etc.
Gross Salary of RBI Assistant: The gross salary of the RBI Assistant will be about Rs. 33000.00; this also includes HRA of 15%.
Perquisites: The best part of the RBI Assistant job is the attractive perquisites the bank offer. It is as good as Bank Probationary Officer. The various perquisites include Furniture allowance, newspaper allowance, briefcase allowance, medical facilities, accommodation (subject to availability), reimbursement for maintenance of vehicle, LFC facility etc.
Concessional Loans: RBI also provides its employees loans at very low rates. If you take the similar loans from any bank, the installments will be very high but with concessional interest rates it is very easy to take such loans as repayment is very easy. Indirectly you are saving a lot of money with this kind of facility.
Other Benefits: There are other benefits such as PF, NPS, Gratuity etc. In fact it is difficult to mention each benefit as there are so many attractive facilities which RBI offers to its employees.
RBI Assistant Annual CTC
So you can see that apart from the direct monetary benefits there are so many other components which are difficult to measure such as concessional loans, safe and healthy work environment, job security, regulated working hours, 5 days week etc. So it would not be fair to calculate the CTC without taking in to account such things however to calculate such benefits in monetary terms is not possible. On purely monetary terms basis the CTC will be around Rs. 3.80 lacs.
Why RBI Assistant Job is better than the Jobs of Nationalized Banks? In the beginning of the article I have told you that the RBI Assistant job is even better than that of Bank PO. Here I am giving reasons for that which will help you to understand why it is so. In RBI there are very less transfers whereas in other banks transfers are frequent. RBI offices and branches are located at good centers whereas banks are having branches everywhere. Therefore in RBI you will always remain at good city/centre, there is nothing like rural posting or difficult centre posting in RBI. The work pressure is very high in banks now-a-days however in RBI there is no such pressure. RBI is the apex bank of the country and carries a much bigger brand value than any other bank of the country.
So it is obvious that in the present scenario RBI assistant job is much better than the clerical as well as PO job of any other bank. RBI Assistant Salary and perks are also quite attractive.