SEBI Grade A Salary 2024: SEBI decides the salary structure of Assistant Managers working in the organization. It depends on the job profile with roles and responsibilities assigned to them. SEBI Grade A Salary 2024 Rs. 1,11,000 monthly with accommodation. The Assistant Manager gets a salary package of Rs. 1,49,500 without accommodation. Salary is an essential factor that motivates aspirants to target for the SEBI Grade A 2024 Exam. Assistant Managers are entitled to perks and benefits along with salary including Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, and Local Allowance. Follow the blog to know updates on SEBI Grade A Salary.
SEBI Grade A Salary 2024 is decided by The Securities & Exchange Board of India. Candidates who want to apply for SEBI Grade A 97 posts should know the salary structure, perks, and allowances to excel in their careers. The pay scale of a Grade A officer is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years). Candidates joining as Assistant Manager get a basic salary with perks, and tax deductions with NPS contribution. SEBI Grade A officers get accommodation facilities depending upon availability. SEBI grade A Salary without accommodation is Rs. 1,49,500 monthly and with accommodation is Rs. 1,11,000 monthly.
Gross Salary of an Assistant Manager is Rs. 1,49,500 monthly. It includes a basic salary with perks and benefits offered to a SEBI Grade A Officer. Aspirants eagerly check to know the salary structure. It is a motivating factor encouraging them to apply for the SEBI exam. Check out the detailed SEBI Grade A Salary structure covered. Candidates can check salary structure details regarding the SEBI Grade A Exam 2024 can taking a look at the table.
SEBI Grade A Salary 2024 | |
Conducting Body | Securities and Exchange Board of India (SEBI) |
Name of Exam | SEBI Grade A |
No. of Vacancies | 97 Posts |
Selection Process | Phase 1, Phase 2 & Interview |
SEBI Grade A Salary | Rs. 1,49,500/- (without accommodation) |
Payscale | Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years). |
Official Website Link | www.sebi.gov.in |
PM Telegram Link | https://t.me/RegulatoryPM |
The Securities & Exchange Board of India offers a lucrative salary package to a SEBI Grade A Officer. The salary with accommodation of a Grade A Officer is Rs. 1,10,000. SEBI Grade A Salary without accommodation is Rs.1,49,500. SEBI provides accommodation facilities to candidates joining as Assistant Manager position in the organization. SEBI Grade A Officers are entitled to get multiple benefits including an attractive monthly pay package. List of perks and benefits offered:
Each stream in SEBI Grade A offers a different set of functions and responsibilities in the organization. The overall roles and responsibilities of an Assistant Manager working in The Securities & Exchange Board of India are listed below:
The pre-revised pay scale of officers in Grade A is Rs. 28150-1550(4)-34350-1750(7)-46600-EB1750(4)-53600-2000(1)-55600 (17 years). Check the complete details about SEBI Grade A Gross Salary Structure. It includes basic salary with perks and benefits provided to Assistant Manager working SEBI.
SEBI Grade A Gross Salary 2024 | |
Basic Pay | Rs. 44,500 |
SEBI Grade A Salary 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 the 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 |
Benefits: Other benefits viz., 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.
The SEBI Grade A Officer’s post (Assistant Manager) is an entry-level position. Candidates starting as Assistant Managers get the opportunity for advancement based on their performance and special skills. From an Assistant Manager, they can become Executive Director, which is the highest-ranking position within the Securities and Exchange Board of India (SEBI).
Here’s the promotion cycle given below:
SEBI’s head office is located in Mumbai, Maharashtra. Most of the candidates joining on Assistant Manager post get posted in the Mumbai location. A few candidates are posted in the regional offices of SEBI. It depends on the requirements of the regulatory organization. The posting of candidates depends on the stream chosen by them. Accommodation facility is provided to candidates after joining SEBI. It depends on the housing facility available to them. SEBI offers learning opportunities to begin a career in share market regulations. Additionally, candidates join the lifestyle and facility living in metro cities in India.
An Assistant Manager joining SEBI assigned work in any of the departments. The change of the departments can happen based on the requirements. We have listed departments existing in SEBI. Candidates know in which departments they get work after joining the regulatory government organization.
Candidates get a complete overview of SEBI Grade A Salary is provided in the video. Click on the video to learn the salary structure and job profile of a newly joined of Assistant Manager in the Securities & Exchange Board of India. Salary is a deciding factor for aspirants to apply for a particular job role.
SEBI Grade A Non Video Course covers Phase 1 and 2 Mock Tests with Study & Revision Notes. Candidates get this course to start preparing for SEBI Grade A. All questions are prepared according to the latest paper pattern. Revision Notes are effective for last-minute revision before the exam. SEBI Grade A Mock Test for Phases 1 & 2 based on paper pattern and detailed solutions.
Yes, SEBI Grade A Salary 2024 includes perks such as DA, HRA, medical & transport allowance.
The highest SEBI Grade A Salary offered Rs. 89,150 after 17 years of service.
SEBI Grade A Salary 2024 without accommodation is Rs. 1,49,500 monthly.
A SEBI Grade A officer is entitled getting promotion after completion of three years of service.
SEBI Grade A Basic Salary is Rs. 44,500 monthly.
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