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The Securities Exchange Board of India (SEBI) has released the official notification for the post of Assistant Manager in various streams. The starting basic salary for an officer is Rs 44,500 per month, with annual increments. Candidates who are interested in joining SEBI can check the SEBI Grade A Salary structure here which consists of the SEBI Grade A Pay scale, basic pay and allowances as sanctioned by the Board. Read below for a detailed SEBI Grade A 2024 Salary structure.
SEBI Grade A Salary 2024
As the SEBI Grade A Notification 2024 has been published for the Assistant Manager post, the candidates interested in the posts must be looking for SEBI Grade A Salary & pay scale. The candidates will be selected as Grade A after a certain selection process which is set for all the candidates. The SEBI Grade A post is a sought-after job in the current phase and those who get selected will get a monthly salary of ₹1,49,500/- p.m. without accommodation and ₹1,11,000/- p.m. with accommodation. It is important to have a glance at the salary structure, pay scale, and job profile of the SEBI Grade A Manager. Read further to know more about the SEBI Grade A Salary 2024.
SEBI Grade A Salary
Check out the SEBI Grade A Salary overview here. The detailed SEBI Grade A Salary Structure is given below.
SEBI Grade A Salary 2024 | |
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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
The candidates interested in the SEBI Grade A 2024 must note the benefits of this job and prepare for the same using all their best efforts. The candidates can have a look at the table below for SEBI Grade A Net Pay or the in-hand salary distribution. The salary structure has been tabulated below.
SEBI Grade A Salary Structure
The SEBI Grade A Salary in hand consists of the Basic Pay and allowances as mentioned in the table given below. The minimum salary at this level is approximately ₹1,49,500 per month without housing and approximately ₹1,11,000 per month with housing included. Housing will be offered based on availability. The person hired may be assigned to different locations across India where SEBI operates. Additionally, recruited officers may be placed in any department of SEBI, 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
Apart from the basic pay scale, the salary of SEBI Grade A will include other allowances in their salary structure as well, such as: –
- 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
- 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, Indices, 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 about the legal framework and the organization.
Important Links Related To SEBI Grade A 2024 | |
SEBI Grade A Salary | SEBI Grade A Syllabus |
SEBI Grade A Online Coaching 2024 | SEBI Grade A Study Material |
SEBI Grade A Result | SEBI Grade A Exam Date 2024 |
SEBI Grade A Admit Card 2024 |