SEBI Grade A Salary 2024: Here is the information about the salary for SEBI Grade A in 2024. If you are interested in this job, you can find details about the salary you will receive, the job responsibilities, and any additional allowances. The Securities Exchange Board of India (SEBI) has announced the official notification for the position of Assistant Manager in different fields. If you want to know more about the salary structure for SEBI Grade A, including the pay scale, basic pay, and allowances, you can read the information provided below.
SEBI Grade A Salary 2024
The SEBI Grade A Notification 2024 has been released for the Assistant Manager position. If you are interested in applying for this job, you might want to know about the salary and pay scale. The selection process for this position is the same for all candidates. The SEBI Grade A job is highly desired right now, and if you are selected, you will receive a monthly salary of ₹1,49,500/- without accommodation and ₹1,11,000/- with accommodation. It’s important to understand the salary structure, pay scale, and job responsibilities of the SEBI Grade A Manager. Keep reading to learn more about the SEBI Grade A Salary in 2024.
SEBI Grade A Salary- Details
Take a look at the SEBI Grade A Salary summary here. The specific details of the SEBI Grade A Salary Structure are provided below.
| SEBI Grade A Salary 2024 | |
|---|---|
| Organization | Securities And Exchange Board of India |
| Exam Name | SEBI Grade A Recruitment 2024 |
| Post | Officer Grade A (Assistant Manager) |
| SEBI Grade A 2024 Vacancy | 97 |
| SEBI Grade A Selection Process | Phase I, Phase II, and Interview |
| SEBI Grade A Salary | Rs. 1,49,500/- per month Gross Salary |
| SEBI Grade A Pay Scale (Revised) | 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years) |
| Official Website | www.sebi.gov.in |
SEBI Grade A Salary Pay Scale 2024
Candidates who want to apply for the SEBI Grade A 2024 job should know about the advantages of this job and work hard to prepare for it. They can check the table below to see how much money they will earn from this job. The salary details are shown in the table.
| SEBI Grade A Salary Structure 2024 | |
| Post Name | Revised PayScale |
| Grade A | 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years) |
SEBI Grade A Salary Structure
The salary for SEBI Grade A employees includes a basic pay and other allowances. The minimum salary is around ₹1,49,500 per month without housing and around ₹1,11,000 per month with housing. Housing availability will determine if it is provided. Employees may be assigned to different locations in India where SEBI works. They may also work in any department, regardless of their specialization.
| Description | Amount |
|---|---|
| Basic Pay | Rs. 44,500/- |
| Pay Scale | 44500-2500 (4)-54500-2850 (7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years) |
| Increment | 4 stagnation increments |
| Special Pay | Rs. 3300 (after completion of 1 year) |
| Dearness Allowance | 30.38% of basic pay |
| Special Allowance | 16.4% of basic pay (minimum- Rs. 11,000) |
| Family Allowance | Rs. 2850 |
| City Compensatory | 5% of basic pay (maximum- Rs. 2500) |
| Local Allowance | Rs. 3450 |
| Learning Allowance | Rs. 2500 |
| PFA | Rs. 3850 |
| Grade Allowance | 14% of basic pay (minimum- Rs. 10,400) |
| Special Compensatory Allowance | Rs. 500- Rs. 625 per month |
SEBI Grade A Salary 2024– Benefits/Perks & Allowances
In addition to the basic pay, the salary of SEBI Grade A will also include other allowances in their salary structure, like: –
- National Pension Scheme (NPS),
- Grade Allowance,
- Special Allowance,
- Dearness Allowance,
- Family Allowance,
- Local Allowance, Learning
- Allowance, Special Grade Allowance, etc.
Other Benefits Provided By SEBI
- Leave Fare Concession,
- Medical Expenses,
- Eye Refraction,
- Education Allowance,
- Financial Dailies,
- Book Grant,
- Briefcase,
- Conveyance Expenses,
- House Cleaning Allowance,
- Staff Furnishing Scheme,
- Scheme for Purchasing Computers,
- Subsidized Lunch Facility and all other benefits as admissible to an Officer in Grade A in SEBI.
SEBI Grade A Salary 2024 – Career Growth Opportunities
- Assistant Manager (Grade A)
- Manager (Grade B)
- Assistant General Manager ( Grade C)
- General manager ( Grade E)
- Chief General Manager (Grade F)
- Executive Directors
SEBI Grade A Job Profile 2024
- The SEBI Grade A employees are responsible for managing legal issues related to the legal framework of SEBI.
- As SEBI Grade A Officers, they need to solve all the issues regarding the market securities, Indexes, commodities, etc.
- Responsible for the regulation of venture capital funds, collective investment schemes, foreign venture capital investors, mutual funds, etc
- Responsible for performing multiple tasks in the IT Department.
- As SEBI Grade A Assistant Managers, they need to handle the acquisition and mergers of the organization and also take care of issues pertaining to the legal framework and the organization.
FAQ – Frequently Asked Questions
Q1. What is the basic pay for SEBI Grade A Posts?
The starting salary for the SEBI Grade B Post is Rs. 44,500/-.
Q2. Are there any growth opportunities for SEBI Grade A?
Yes, there are chances to grow and the article talks about some of them.
Q3. Is SEBI Grade A permanent job?
The people who are chosen to be Grade A Officers will have to be on a trial period for 2 years starting from when they start working.
Q4. What is the highest salary of a SEBI Grade A?
According to the new SEBI Grade A salary plan, the officer’s highest basic pay would be Rs. 89150 after working for 17 years.