5 Reasons you should consider RBI Assistant: RBI (Reserve Bank of India) offers a yearly opportunity to a number of candidates to join their prestigious organization as RBI Assistants. Apart from the overall reputation and respect that such a job brings with it, the pay, benefits, and perks are also quite substantial. This is why people from all over the country appear for the examination every year. However, only a handful manage to clear them.
5 Reason behind Picking Up RBI Assistant
Here are 5 reasons why you should pursue your career as an RBI Assistant as well.
- Salary
- Allowance
- Easy availability of loans
- Transfer and posting
- Career progression
- Salary
- RBI Assistants will draw a starting basic pay of ₹ 20,700/- per month in the scale of ₹ 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years)
- Allowances
- Apart from the salary, RBI Assistants also receive periodic allowances to help them through the expenses in their daily life. These employees receive house rent allowance, dearness allowance, transport allowance, city compensatory allowance and many more. While some of these allowances are received regularly, such as the dearness allowance, others are often handed out after certain intervals of time, such as the city compensatory allowance.
- Easy availability of loans
- RBI Assistants can easily get loans from banks for a number of reasons. For instance, housing loans, car, and education loans are available at convenient interest rates to RBI employees. This helps in seeking financial assistance if the need arises.
- Transfers and postings
- RBI Assistants do not get transferred till they complete at least 5 years of their service at one particular branch. This means that people with families have to move a lot lesser than their counterparts employed in other banks. Similarly, since RBI branches are only present in big, metro cities, the postings will always be in urban centers and not in remote villages.
- Career progression
- RBI Assistants can progress fast up the organizational ladder if they wish. These employees can appear for an internal examination for RBI Officer posts after serving just 2 years as an Assistant. If they manage to clear the examination, they will not only get a pay hike, but will also be liable to receive better facilities and perks from the bank.
- After completing two years of service period as an RBI Assistant, if you qualify the examination, you will be promoted to be Grade A Officer or the Assistant Manager, which is the lowest grade in the hierarchy of Officer Cadre. After that, if you apply again for the promotion test, you will be promoted to Grade B or Managerial Level, then likewise to Grade C or Assistant General Manager, Grade D or Deputy General Manager, Grade E or General Manager and finally to Grade F or Deputy Governor
Also Check:
- RBI Assistant vs SBI PO: Which is Better? – Oliveboard
- RBI Assistant Preparation Strategy – Tips & Tricks For Prelims (oliveboard.in)
- How To Clear RBI Assistant Prelims 2022? – RBI Assistant Study Plan (oliveboard.in)
- 10 Best Books for Preparing RBI Assistant Exam – Oliveboard
RBI Assistant Preparation Strategy – Online Course & Mock Tests
Mock Tests are undoubtedly the best way to prepare for any examination, be it from scratch or master any topic. It is very important to know where you stand before starting an approach to soothe yourself. Mock Tests not only analyze your performance but also provide you with a better self-analysis. We, at Oliveboard, are here to do just that. We are bringing a full-fledged online course RBI Assistant Selection Batch 2022 to help with the preparations for the RBI Assistant exam. This course would cover all the basics for every section from scratch which will help you stay in the race with those who have already attempted the test before.
Course Highlights:
- 100+ Live Classes For Learning & Concept Building
- 25+ Live Practice Sessions for Real-time Practice
- All the Live classes will have to-the-point, crisp and relevant study content
- Live Classes will cover the entire syllabus of Preliminary and Mains exams
- Exclusive Classes for General Awareness in detail for Mains
- Questions are divided into Easy, Moderate, and High Levels for each chapter
- Live Classes for doubt clarification where you can clear all your queries related to any subjects
- RBI – Assistant 20 Prelims Mock Tests
- RBI – Assistant 10 Mains Mock Tests
- High-Level DI [10 Tests], High-Level Reasoning [10 Tests], English Test [15 Tests]
- GK Tests [120 Tests]
- Sectional Tests [60 Tests]
- Topic Tests [99 Test]
Conclusion
However, you need to clear the RBI Assistant exams if you want to enjoy the luxuries that are offered to RBI Assistants. You can check to take online mock tests and suggestions, which will help you clear both the Prelims and Mains of the examination.
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The most comprehensive online preparation portal for MBA, Banking and Government exams. Explore a range of mock tests and study material at www.oliveboard.in
Oliveboard Live Courses & Mock Test Series
