NABARD Grade A Salary 2024: Check Pay Structure, Job Profile and Allowances

NABARD Grade A Salary: The starting basic pay of NABARD Assistant Manager is Rs 44,500, with the in-hand salary ranging between Rs 95000 and Rs 100000 per month. Check the annual package, in-hand salary, job profile and career growth.

Aug 21, 2024, 19:06 IST
NABARD Grade A Salary
NABARD Grade A Salary

NABARD Grade A Salary 2024: The NABARD Grade A position unlocks an attractive salary package in 2024. This salary package attracts aspirants who want jobs with stability, financial security and career growth. The basic NABARD Grade A salary is Rs 44,500 per month with allowances and deductions. With this, candidates must know the NABARD Grade A job profile to check their suitability for the post. Read on for complete details on the NABARD Grade A Salary, annual package, monthly salary, job profile, allowances, etc.

Also Check, 

NABARD Garde A Syllabus 2024 

NABARD Grade A Salary 2024

The National Bank for Agriculture and Rural Development (NABARD) recruits eligible candidates for Assistant Manager Grade A (Rural Development Banking Service), Assistant Manager in Grade A (Rajbhasha Service), and Assistant Manager in Grade A (Protocol & Security Service) posts through NABARD Grade A Recruitment 2024. The basic NABARD Grade A salary is Rs 44,500, with the in-hand salary ranging between Rs 95000 and Rs 100000 per month. Here are the key highlights of the NABARD Grade A salary for reference purposes.

NABARD Grade A Salary Overview

Exam Conducting Body

National Bank for Agriculture and Rural Development (NABARD)

Post Name

Assistant Manager Grade A (Rural Development Banking Service), Assistant Manager in Grade A (Rajbhasha Service), and Assistant Manager in Grade A (Protocol & Security Service)

Vacancy

100

Salary (Basic Pay)

Rs.44,500

Job Location

Anywhere in India

NABARD Grade A Salary Structure

The NABARD Grade A salary structure includes basic pay, allowances, deductions, gross earnings, net salary, etc., ensuring a lucrative salary package for all selected candidates. The selected candidates will draw a starting basic pay of Rs.44,500 p.m. in the pay scale of Rs. 44500 – 2500 (4) – 54500 – 2850 (7) – 74450 – EB – 2850 (4) – 85850 – 3300 (1) – 89150 (17 Years). Here is the breakdown of the NABARD Grade A salary structure shared below for the ease of the candidates.

Time Period

Basic Pay (in Rs)

Increments (in Rs)

NABARD Grade A Starting Pay

Rs 44,500

Rs 2500 every year

NABARD Grade A Salary After 4 Years

Rs 54,500

Rs 2850 every year

NABARD Grade A Salary After 7 Years

Rs 74,450

Rs 2850 every year

NABARD Grade A Salary After 11 Years

Rs 85,850

Rs 3300 every year

NABARD Grade A Salary After 12 Years to 17 Years

Rs 89,150 (maximum basic pay)

 

NABARD Grade A Salary Slip

The NABARD Grade A salary slips are offered to all employees at the end of every month. It is an official document or record of your overall earnings every month. The salary slip comprises basic pay, allowances, any deductions, etc. It proves that you are employed and helps you to avail loan facility, file income tax, etc. 

NABARD Grade A Salary In Hand

The NABARD Grade A post offers a lucrative salary package, which is a combination of basic pay and allowances. As per the official notification, the selected candidates will receive basic pay of Rs 44,500  and the initial monthly gross emoluments are approximately Rs. 1,00,000. However, the exact NABARD Grade salary in hand depends on allowances and the job location of the qualified candidates.

NABARD Grade A Salary: Perks & Allowances

Along with the basic NABARD Grade A salary, there are various perks, allowances and benefits as per rules in force from time to time. Some of the perks and allowances involved in the NABARD Grade A salary package are listed below.

  • Dearness Allowance
  • Local Compensatory Allowance
  • House Rent Allowance
  • Grade Allowance
  • Bank's accommodation subject to availability
  • Maintenance of vehicle for official purpose
  • Newspaper
  • Internet
  • Telephone charges
  • Book grant
  • Allowance for furnishing of residence
  • Free dispensary facility
  • Interest free festival advance
  • Leave Travel Concession
  • Loans and Advances at concessional rates of interest for Housing
  • Car
  • Education of children
  • Consumer articles
  • Personal computer

NABARD Grade A Job Profile

NABARD Grade A post unlocks various opportunities for career progression for all qualified candidates. Here is the list of tasks included in the NABARD Grade A Job Profile as per the official notification.

Technical Discipline

Skill Set/Nature of Work

Computer and Information Technology

Security/Analytics/Database Administration/Application Development/Networking/Server Management and Related Fields/Database Analysis (MySQL, Oracle, MSSQL).

Finance/Chartered Accountant

Treasury management/risk management/handling of regulatory and/or statutory compliances for public issues, retail bonds, etc.

Agriculture

Animal Husbandry

Fisheries

Forestry

Food Processing

Plantation/Horticulture

Geo Informatics

Civil engineering

Electrical Engineering

Environmental Engineering/Science

Finance

Computer/Information Technology

Development Management

Human Resource Management

Statistics

To identify and map resource potential under related sectors and subsectors of the rural economy and SWOT analysis thereof, credit-linked planning, preparation of sectoral papers, state focus papers, etc.

To meet requests from client institutions, especially banks and government departments, for periodic updating of techno-financial parameters and unit costs of various

developmental activities.

Provision of expert views, advisory services, consultancy, etc. to individual entrepreneurs, corporations, institutions, government   etc. seeking such advice. This may be in contexts of preparation of DPRs, standardisation of techno-financial norms with specific reference to new agribusiness ventures such as high value agriculture, value chain financing, processing and value addition, organic farming, etc.

Liaison with national and regional research institutes to support their R&D interventions to develop solutions to field level technical and operational problems and innovative technologies.

Liaison with Line Departments of Central as well as State Governments, ICAR, and State Universities of related disciplines.

Advisory services at the district/state/National level in the operationalisation of several government-sponsored schemes pertaining to related disciplines.

Representation on various technical committees/sub-groups constituted by state/national-level institutions, etc. towards policy advocacy.

Provision and simultaneous internal capacity building in the emerging areas of NABARD’s interest and projects being implemented by NABARD requiring specialisations or expertise from related disciplines.

Miscellaneous areas: suggestions and advice for effective policy formulations and business plans; appraisal and monitoring of proposals having NABARD’s interest and/or involvement. Documentation of success stories and dissemination technology for replication. Any support related to technical discipline sought from time to time

NABARD Grade A Probation Period

Initially, the candidates appointed for the NABARD Grade A post will undergo probation for 02 years, which may, at the bank’s discretion, be extended for a further maximum period of one year. All the selected candidates are liable to be posted and transferred anywhere in India.

Attempt NABARD Grade A Mock Test Based on Latest Pattern

NABARD Grade A Career Growth & Promotion

The NABARD Grade A position not only offers a lucrative salary package but also comes with a seamless career progression opportunity with a promotional hierarchy. However, candidates will get the chance to appear in promotion exams on the basis of their experience, work performance, and seniority. The promotion hierarchy of the NABARD Grade A post is as follows:.

  • Assistant Manager
  • Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Executive Director
  • Director
Mohd Salman
Mohd Salman

Senior Executive

Mohd Salman is a content expert with over 6 years of experience in the education sector, who has built the categories for the SSC, Railways, Defence, Police, and State Government Exams. He previously worked with organisation like Testbook and holds a B.Tech in Information Technology. At Jagran Josh, he manages and writes for the education beat, covering all educational news for Govt Jobs notifications, and exams such as UPSC, Banking and Railways. He can be reached at mohd.salman@jagrannewmedia.com
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FAQs

  • What is the salary of the NABARD Grade A per month?
    +
    The basic NABARD Grade A salary is Rs.44,500, with the in-hand salary ranging between Rs 95000 and Rs 100000 per month.
  • What is the NABARD Grade A Pay Scale?
    +
    The NABARD Grade A pay scale is Rs. 44500 – 2500 (4) – 54500 – 2850 (7) – 74450 – EB – 2850 (4) – 85850 – 3300 (1) – 89150 (17 years).
  • What allowances are included in the NABARD Grade A salary?
    +
    Some allowances included in NABARD Grade A salary are Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance.
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