Career opportunities in RBI
There are basically two types of career opportunities for getting a job in RBI as a fresher, viz. RBI Assistant and RBI Grade B Officer. The vacancies for these two posts are released every year by RBI which is then filled through a common recruitment process at different levels.
Structure of RBI –
To get a better understanding of RBI, let us now understand the structure of RBI. There are six grades for Class-I employees, viz. Grade ‘A’ to Grade ‘F’. Grade F being the senior most comprises of Governor and Deputy Governor. RBI Assistants are also called Class-III employees.
Job Profile of RBI Assistant –
RBI Assistant is basically a clerical job dealing with the entry of inward and outward of mail and data entry. There are around 20 departments in RBI having different sections. A RBI assistant has to do works like analysing and generation of reports, initialization of notes, etc.
Benefits of Working as RBI Assistant –
Working Days: The candidates have to work only five days a week.
Public Dealing: There is no public dealing involved.
Accommodation Facility: RBI provides accommodation in its self-maintained quarters so no problem will be there if a person gets transferred to a place where he/she doesn’t have proper housing facility.
Educational loans and Scholarship: RBI gives scholarships and educational loans up to 20 lakhs at very nominal rates to the children of the employees.
Housing Loan: RBI provides housing loan facility up to 30 lakhs, also at very nominal rates.
Personal Advances: Advances for furniture, festivals, etc. are given generously.
Medical Benefits: RBI provides excellent medical benefits where the whole family of the employee gets covered.
Leaves: RBI grants once in a year leave for vacation in India.
Salary: RBI provides better salaries as compared to other nationalised banks.
Work Pressure: Comparatively less stressful.
Promotion: After joining as Assistant in RBI and working for 3 years an employee can opt for the departmental promotional examination to get the promotion to Assistant Manage level. So this can be considered a good opportunity to join RBI even if a person is not able to crack RBI Grade B officer’s exam. It can be achieved gradually by staying in the organisation for some time.