RBI Assistant Revised Salary – Salary, benefits, and allowances are some of the factors that attract candidates. The Reserve Bank of India is a prestigious Indian bank that offers attractive salaries and benefits to its employees. Every aspirant preparing for a banking job hopes to work for the RBI. The Reserve Bank of India provides a variety of perks and incentives to its employees, as well as work-life balance. In this blog, let’s look into RBI Assistant Revised Salary, Perks, and Allowances an employee gets.
RBI Assistant Salary Structure:
Initial Pay – The initial basic pay of RBI Assistant is Rs. 20,700/- per month
Gross Salary – Revised gross salary of an RBI Assistant is Rs. 45,050/- per month
RBI Assistant Revised Salary Structure 2023
| Particular | Details |
| Basic Pay | Rs. 20,700/- |
| Additional | Rs. 265/- |
| Grade Allowance | Rs. 2200/- |
| Dearness Allowance | Rs. 12,587/- |
| Transport Allowance | Rs. 1000/- |
| House Rent Allowance | Rs. 2238/- |
| Special Allowance | Rs. 2040/- |
| Local Compensatory Allowance | Rs. 1743/- |
| Gross pay | Rs. 45,050/- |
| Net Pay | Rs.40,000/- (approx) |
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RBI Assistant Salary Deductions
An amount of Rs. 3575 is deducted from the net gross pay of an RBI Assistant which has been elaborated in below table-
| RBI Assistant Salary Deductions | |
| 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 Deductions
An amount of Rs. 3575 is deducted from the net gross pay of an RBI Assistant which has been elaborated in below table-
| RBI Assistant Salary Deductions | |
| 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 Revised Salary – Perks and Allowances:
The perks and allowances provided to an RBI Assistant are an added advantage. The perks and allowances for an RBI Assistant is discussed below:
- Dearness Allowance
- House Rent Allowance (if accommodation is not provided)
- Compensatory Allowance
- Transport Allowance
If an employee is provided with Bank-provided housing, he or she will not be eligible for House Rent Allowance (HRA). The licence fee will be recovered from Her/him at 0.3% of pay at the beginning of the class III pay scale.
The following are the requirements for an RBI Assistant:
- Bank’s accommodation subject to availability
- Reimbursement to expense for maintenance of vehicle for official purpose
- Newspaper, Briefcase, Book Grant, Allowance for furnishing of residence, etc. as per eligibility.
- Dispensary facility besides reimbursement of medical expenses for OPD treatment or Hospitalization as per eligibility.
- Interest-free Festival Advance
- Leave Fare Concession
- Loans and Advances at concessional rates of interest for housing, car education, consumer article, personal computer etc. It 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.
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In this blog we covered all information about the RBI Assistant Revised Salary part. Hope this information was helpful and for more information like this follow Oliveboard website.
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Frequently Asked Questions:
Yes, The RBI Assistant salary 2023 is revised to Rs. 20,700/- per month.
RBI Assistant In-hand salary will be around Rs.40,000/- per month.
The pay scale of an RBI Assistant 2023 is Rs. 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years).
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