SEBI Grade A Salary 2024 Revised Pay Scale, Job Profile, Perks and Allowances

SEBI Grade A Salary: The salary will be approximately Rs 1,49,500 p.m. without accommodation and Rs 1,11,000 p.m. with accommodation. Check salary, perks, allowances and increments, along with job profile and career growth.

Jun 14, 2024, 12:32 IST
SEBI Grade A Salary 2024
SEBI Grade A Salary 2024

SEBI Grade A Salary: The Securities and Exchange Board of India (SEBI) decides the SEBI Grade A salary. Candidates appointed for the Assistant Manager post will receive attractive annual packages, allowances, and career growth. All the newly appointed candidates will get a monthly salary of Rs 1,49,500 p.m. without accommodation and Rs 1,11,000 p.m. with accommodation. The basic pay of the officers in Grade A will be Rs 44500.

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SEBI Grade A Syllabus
SEBI Grade A Cutoff
SEBI Grade A Apply Online

Along with the basic SEBI Grade A salary, candidates will also receive various perks and allowances applicable to the respective post. They must also check the job requirements to determine their suitability for the SEBI Grade A post.

In this article, we have shared complete details on SEBI Grade A monthly salary, including in-hand salary, perks and allowances, promotion, and career growth opportunities.

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SEBI Grade A Salary 2024 Overview

The selected candidates shall be recruited as Officers Grade ‘A’ in SEBI. Here is the major overview of the SEBI Grade A in hand salary shared below for the ease of the candidates.

Exam Conducting Body

Securities and Exchange Board of India (SEBI)

Post Name

Officers Grade ‘A’ (Assistant Manager)

Category

Exam Prep

SEBI Grade A Salary Per Month

Rs 1,11,000 and Rs 1,49,500

Allowances

DA, Family Allowances, Medical Allowances, etc

Job Location

Anywhere in India

SEBI Grade A Salary Structure

The SEBI Grade A salary structure consists of basic pay, pay scale, special pay, allowances, PFA, gross salary and net salary. Here is the detailed salary structure of the SEBI Grade A officer shared below.

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)

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

Special Pay

Rs. 3300 (after completion of 1 year)

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 In Hand

Candidates who clear all the stages will be appointed for Officers Grade ‘A’ in SEBI.  The basic pay of the appointed candidates will be Rs 44500 and the gross monthly income of selected candidates will be approximately Rs 1,50,000. Along with the basic pay, they will be entitled to various allowances, benefits and accommodation facilities. The selected candidates may be posted and transferred to any location in India where SEBI has its Offices. The recruited officers may be posted to any SEBI department, irrespective of stream.

SEBI Grade A Salary: Perks and Allowances

Along with the basic salary, candidates will receive various allowances, perks, and all other benefits admissible to assistant managers in SEBI. The SEBI Grade A salary per month consists of the following allowances and benefits discussed below:.

  • National Pension Scheme (NPS)
  • Grade Allowance
  • Special Allowance
  • Dearness Allowance
  • Family Allowance
  • Local Allowance
  • Learning Allowance
  • Special Grade Allowance
  • 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
  • Subsidised Lunch Facility
  • Residential accommodation, etc

SEBI Grade A Job Profile

Candidates appointed for the SEBI Grade A officer post must perform all the tasks assigned by the senior officials. Here is the detailed SEBI Grade A job profile shared below for the convenience of the candidates.

  • To manage legal issues and regulate venture capital funds, mutual funds, etc.
  • To perform all the tasks assigned in the IT department.
  • To manage the acquisition and merger of the organisation.

SEBI Grade A Salary: Probation Period

Candidates appointed as assistant managers will undergo probation for a certain period after joining the post. The probation period for the SEBI Grade A post will be two years. After the probation period is over, they will also be entitled to additional benefits and allowances with an increment in the SEBI Grade A salary.

 

SEBI Grade A Salary: Career Growth

There are enormous career growth opportunities for the candidates appointed for the Grade A Officer post in SEBI. They will get the opportunity to appear in the internal/departmental exam for a promotion to a higher post. Here is the promotion hierarchy for the SEBI Grade A post shared below.

  • Assistant Manager (Grade A)
  • Manager (Grade B)
  • Assistant General Manager ( Grade C)
  • Grade D Officers
  • General manager ( Grade E)
  • Chief General Manager (Grade F)
  • Executive Directors
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 SEBI Grade A salary?
    +
    The SEBI Grade A salary will be approximately Rs 1,49,500/- p.m. without accommodation and Rs 1,11,000/- p.m. with accommodation.
  • What allowances are included in the SEBI Grade A salary structure?
    +
    Some allowances in the SEBI Grade A salary package are dearness allowances, family allowances, local allowances, medical allowances, etc.

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