SEBI Grade A Salary 2024: The official notification for the position of Assistant Manager in several streams has been released by the Securities Exchange Board of India (SEBI).An officer’s base pay begins at Rs 44,500 per month and increases yearly.The SEBI Grade A Salary structure, which includes the SEBI Grade A salary scale, basic salary, and allowances as approved by the Board, is available to candidates interested in joining SEBI. A comprehensive SEBI Grade A 2024 Salary structure can be seen below.
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SEBI Grade A Salary 2024
Since the SEBI Grade A Notification 2024 for the Assistant Manager position has been out, candidates who are interested in the positions probably want to know what the SEBI Grade A Salary and pay scale are. Following a predetermined selection procedure that is applied to each candidate, the candidates will be chosen as Grade A. In the current phase, the SEBI Grade A post is highly sought after. Those who are accepted will receive a monthly pay of ₹1,49,500 without accommodation or ₹1,11,000 with accommodation. Examining the job description, compensation range, and structure of the SEBI Grade A Manager is crucial. To learn more about the SEBI Grade A Salary 2024, continue reading.
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 | |
|---|---|
| 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 advantages of this position must be noted by applicants who are interested in SEBI Grade A 2024, and they must make every effort to prepare for it. The candidates can see the in-hand salary distribution or SEBI Grade A Net Pay table below. The pay scale is shown in the table below.
SEBI Grade A Salary Structure
The Basic Pay and allowances listed in the table below make up the SEBI Grade A Salary in question. At this level, the minimum pay is roughly ₹1,49,500 per month without housing and ₹1,11,000 per month with housing. Housing will be provided in accordance with availability. The newly employed individual might be allocated to various SEBI operating sites around India. Furthermore, officers who are recruited may be assigned to any SEBI department, regardless of their area of expertise.
| 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.
