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RBI Assistant Recruitment 2019 – Monthly Salary 2020

Reserve Bank of India Assistant Recruitment 2019 – Online application only accepted for 926 posts in various region up to 16th January 2020. Any bachelor degree students can apply for the post.

RBI Assistant Salary Scale Structure

Starting salary scale (basic pay) as Rs. 14,650 will be fixed for the selected graduate candidates with two advance increments. The pay scale table is given below for your better understanding.

Year Basic Salary
1 Rs. 13,150
2 Rs. 13,900
3 Rs. 14,650
4 Rs. 15,400
5 Rs. 16,300
6 Rs. 17,200
7 Rs. 18,100
8 Rs. 19,000
9 Rs. 20,200
10 Rs. 21,400
11 Rs. 22,600
12 Rs. 23,800
13 Rs. 25,000
14 Rs. 26,200
15 Rs. 27,500
16 Rs. 28,800
17 Rs. 30,280
18 Rs. 31,760
19 Rs. 33,240
20 Rs. 34,990

Eligibile Allowances for RBI Assistant

  • Dearness Allowance
  • House Rent Allowance
  • City Compensatory Allowance
  • Transport Allowance

At present, initial monthly Gross emoluments for Assistants approximately Rs. 36,091

* House Rent Allowance will not be paid to the employee, if Bank’s accommodation is provided and license fee will be recovered from her/him @ 0.3% of pay at the starting stage of the pay scale of Class III.

Perquisites

Bank’s accommodation subject to availability, reimbursement of expenses for maintenance of vehicle for official purpose, Newspaper, Brief case, Book Grant, Allowance for furnishing of residence, etc. as per eligibility.

Dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility; Interest free Festival Advance, Leave Fare Concession (once in two years for self, spouse and eligible dependents).

Loans and Advances at concessional rates of interest for Housing, Car, Education, Consumer Articles, Personal Computer, etc. will be available to regular employees who will put in at least two years of service. The recruits will be governed by the Defined Contribution New Pension Scheme, in addition to the benefit of Gratuity.

There are reasonable prospects for promotion to higher grades

Related updates:

    Monthly Salary for CG Employees Pay Level 4 (Rs. 38600)
    RRB Group D Level 1 – 7th CPC Pay Matrix Table with Monthly Salary 2025

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