Best RBI Assistant Coaching Institute in Chennai

RBI’s career progression starts from the lowest level, which is that of the support staff or the RBI Assistants, who are responsible for all the clerical work that takes place at RBI.

Let’s start the comparison of the two by mentioning that both RBI Assistant and SBI Clerk is a clerical cadre exam, however both of these exams are equally popular and important. Mentioned below is the comparison of the overall view of these two exams.

Even though both the positions have limited number of seats, the probability of getting through is more when it comes to the RBI Assistant examination. The SBI PO examination is comparatively more difficult than the RBI Assistant examination; hence, the selection is tougher.

This comes as a big relief as many facilities are either free of cost or charges are at a very nominal rate. Housing loan- RBI gives housing loan facility to its employees, which is up to Rs. 30 lakhs at nominal rates.

RBI Grade B Officers have a good work-life balance because they work in a stress-free environment. The office hours are 10 AM to 6 PM, with five days of work per week, making it an optimal working environment.

Reserve Bank of India (RBI) conducts the Assistant exam on a frequency of 2-3 years. The RBI Assistant exam is basically conducted to recruit graduates for clerical posts in the different branches of RBI across the country.

The time duration of the RBI Assistant Prelims Exam is 60 minutes (each section for 20 minutes). There will be a negative marking of 0.25 marks for each incorrect answer, no deduction for unanswered questions.

To get promoted for the next officer level, one has to undergo the service or bond period of a minimum of 2 years. Then, they have to apply and appear for the promotion test. There are two processes for an RBI assistant to get promoted to a Grade A officer level.

So, even if you are a fresher with no exposure to banking/finance or economics, a strategic preparation can help you crack the RBI Grade-B exam. If you still feel intimidated by the vast syllabus, you can rely on us with your RBI Grade-B preparation.

If you can follow certain strategies with regularity and strong will, then you can surely crack the RBI Assistant Exam in your first attempt. But for that, you have to have the right approach in following the complete syllabus of the exam and work hard and smart.

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.

The candidates have to go through three phases of the selection process, preliminary examination, Mains examination, and the Language proficiency test. The Prelims exam is qualifying in nature and the shortlisted candidates will be called for the Mains exam.

The RBI Assistant job profile is responsible for clerical tasks such as maintaining files, verification of documents, maintenance of ledger, etc.

Once you qualify for the interview, the success ratio is 1:3 in UPSC, 1:4.5 in RBI and 1:3 in SEBI. This means that only 1 out of 3 students are selected in the interview process. This ratio is even more gruesome in RBI where only 1 out of 4.5 students is selected after the interview.

Only the people who are citizens of India are eligible to apply for the post of Assistant in RBI. Also, there is no fixed number of attempts to apply for the RBI Assistant exam.

A minimum of 60% marks (50% in case of SC/ST/PwBD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th Standard examinations.

The starting basic pay of an Assistant in the Reserve Bank of India is Rs. 14,650 per month.

For an RBI Assistant to become an RBI Grade B Officer, the candidate must work at least for 3 to 5 years as RBI Assistant to be promoted as RBI Grade A Officer and then 3 to 5 years experience to be upgraded to the RBI Grade B position.

The initial basic pay of RBI Assistant is Rs. 20,700/- per month (as per revised salary) with a pay scale of Rs. 20700 – 1200 (3) – 24300 – 1440 (4) – 30060 – 1920 (6) – 41580 – 2080 (2) – 45740 – 2370 (3) – 52850 – 2850 – 55700 (20 years) salary structure given below is on the pay scale details.

There is a negligible difference between the difficulty level of both exams. The preliminary exam is easier whereas the Mains exam is comparatively difficult.

Scale 1 – Officer / Assistant Manager (Grade A) Scale 2 – Manager (Grade B) Scale 3 – Senior Manager (Grade C) Scale 4 – Chief Manager (Grade D)

There is no major change in the topics of the RBI Assistant and SBI Clerk syllabus but yes, there is difference in the difficulty level of the both. Before we proceed with the difficulty level and types of question let us discuss the salary and other perks offered by both the organizations.

Work pressure: In the public sector bank, there is a lot of work pressure to business generation for the bank and meeting the targets. But there are no such work pressures in RBI, so comparatively the job is less stressful.

The lucrative salary offered by RBI to its employees is a major reason for lakhs of aspirants to appear in the exam. RBI Grade B officer is one of the most prestigious job profiles for those who want to work in the banking sector of India.

The central bank has 30 offices in the state capitals. Every year, RBI conducts examinations for recruitment to various posts. The two most popular exams conducted by the apex bank are RBI Grade B and RBI Assistant. A job in RBI is considered to be highly prestigious.