RBI Assistant

The allowances offered to RBI Assistant are given below:

• Dearness Allowance
• House Rent Allowance (HRA)
• Compensatory Allowance
• Transport Allowance

The perks offered to RBI Assistant are given below:

• Bank’s accommodation is subject to availability
• Reimbursement of expenses 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 Articles, 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.

According to the SBI Clerk transfer policy, SBI Clerks or Junior Associates are not eligible for transfer be it within the state or outside the state. Earlier, SBI Clerks were allowed to request for transfer after successfully completing 5 years of service at their current location of posting. SBI Clerks and Junior Associates who were recruited through a special recruitment drive for Kashmir Valley, Tura, and Ladakh are allowed to request a transfer only after successfully completing 8 years of service at their current base location. From 2021, this option has been discontinued for the newly recruited SBI Clerks. The latest official notification states that no inter circle transfers or inter state transfers are permitted for Junior Associates or SBI Clerks who have been recruited. Posting locations are classified as normal centres, difficult centres and most difficult centres.

All candidates working in Government Sector, Government owned industrial undertakings,  Public Sector Undertakings / Financial Institutions/Banks, Public Enterprises or other similar organizations, whether in a permanent or temporary capacity or as work-charged employees other than casual or daily rated employees, are required to inform their employer (Head of Office/Department) in writing, about applying for this recruitment. Prior to the submission of their application online to the bank. At the time of applying online, candidates working in such organisations, are required to submit an undertaking that they have informed in writing about applying for this recruitment to their Head of Office/Department. Candidates should note that in case a communication is received at Bank from their employer, withholding permission to the candidate applying for this recruitment/ appearing at the examination, their application/candidature will be liable to be rejected/ cancelled.

The choice between both positions depends on factors such as individual career preferences, the nature of the roles, etc. RBI Assistant and SBI PO are both the most sought-after banking positions in the country. RBI Assistant involves clerical and assistant takes in various departments of the Reserve Bank of India whereas SBI PO is a probationary officer role, which is a managerial position in the banking sector. If we talk about job stability then I would RBI Assitant provides more job stability as compared to SBI PO. In the end, the "better" choice depends on individual preferences. Aspirants must do thorough research before making the final decision.  

Yes, candidates who are in their final semester or year of graduation are eligible to apply provisionally. However, if they are asked to come in for an interview, they must provide documentation that they meet the age, educational, and language proficiency requirements for RBI Assistants as well as proof that they have completed the graduation requirements. As of September 1, 2023, candidates shall be between the ages of 20 and 28. Only those who were born on or before February 9, 1995, and January 9, 2003, inclusive, are eligible to apply. As per government regulations, candidates who fall under the SC, ST, PWD, or Ex-Servicemen categories are entitled for an age relaxation.