IFSCA Grade A Salary: The IFSCA Grade A Salary 2025 has been significantly revised, making it one of the most attractive aspects of this prestigious role. Selected candidates for the Assistant Manager position will receive a starting basic pay of ₹62,500, with gross monthly emoluments of approximately ₹1.80 lakh, including various allowances such as dearness allowance, grade allowance, house rent allowance, family and medical allowances, travel and laptop allowances, and more. This enhanced salary package, along with structured career progression and promotional opportunities, makes the IFSCA Grade A Recruitment highly rewarding.
What is the salary of an Officer Grade A in IFSCA?
The gross monthly salary of an Officer Grade A (Assistant Manager) in IFSCA is approximately ₹1,80,000, reflecting the revised pay structure as per the 2025 notification. The IFSCA Grade A position offers a highly competitive salary, in line with other top regulatory bodies in India. Understanding the salary components is essential for aspirants aiming for this prestigious role. Check out the updated overview of IFSCA Grade A Salary 2025 below:
Particulars | Details |
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IFSCA Grade A Basic Pay | ₹62,500 |
IFSCA Grade A Pay Scale | ₹62,500 – ₹1,26,100 (Level 17) |
IFSCA Grade A Allowances | Grade Allowance, Special Allowance, Dearness Allowance, House Rent Allowance, Family Allowance, Education Allowance, Medical Allowance, Travel Allowance, Laptop Allowance, Knowledge Updation Allowance, etc. |
IFSCA Grade A Gross Emoluments | Approx. ₹1,80,000 per month |
Official Website | IFSCA |
Note: The gross emoluments include IFSCA's contribution towards the National Pension Scheme (NPS) as well.
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What is the salary structure in IFSCA Grade?
Well, the IFSCA Grade A Salary 2025 is highly lucrative and attractive. Aspirants joining as Assistant Managers at IFSCA will enjoy a competitive pay along with several allowances and benefits. The starting basic pay is ₹62,500. For a detailed view of the IFSCA Grade A Salary Structure 2025, refer to the table below:
Time Period | Basic Pay (in ₹) | Increment (in ₹) |
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Starting Pay | 62,500 | – |
After 1–2 Years | 65,000 | Annual increments per pay scale |
Mid-Level Progression | 75,000 | Annual increments per pay scale |
Senior Level | 85,000 | Annual increments per pay scale |
Maximum Pay (After 17 Years) | 1,26,100 | – |
Note: The gross emoluments, including allowances such as Dearness Allowance, House Rent Allowance, Grade Allowance, Special Allowance, and contributions to NPS, can reach approximately ₹1,80,000 per month.
Gross Emoluments of IFSCA Grade A Officer
The gross monthly IFSCA Grade A Salary 2025 for an Officer (Assistant Manager) is approximately ₹1,80,000. This total includes various components in addition to the basic pay, making the salary package highly attractive for aspirants. Below is a detailed breakdown of the components that together make up the gross emoluments:
Component | Details |
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Basic Pay | ₹62,500 starting basic pay. This is the fixed base amount on which all other allowances are calculated. |
Dearness Allowance (DA) | Cost-of-living allowance revised quarterly based on inflation, calculated as a percentage of basic pay. |
House Rent Allowance (HRA) | Depends on posting location: 9% in metro cities, 8% in semi-metros, 7% in other cities. Varies if government housing is provided. |
Special Allowance | Fixed allowance to enhance gross salary, often tied to performance or responsibilities. |
Grade Allowance | Provided as part of the compensation for the officer's grade; common across Grade A roles in regulatory bodies. |
Local Allowance | Covers city-specific expenses like travel and communication; varies by location. |
Family Allowance | Fixed benefit to support dependents and family-related expenses. |
Education Allowance | Provided for children's education, subject to rules and limits. |
Medical Allowance | Covers medical expenses for officers and their dependents. |
Travel Allowance | Reimbursement for official travel-related expenses. |
Laptop / Knowledge Updation Allowance | Provided to facilitate work-from-home, skill upgradation, and professional requirements. |
NPS Contribution | Contribution to the National Pension Scheme, included as part of total emoluments. |
Note: The combination of these allowances and the basic pay results in a gross monthly salary of approximately ₹1,80,000, making the IFSCA Grade A position financially rewarding.
What Allowances & Benefits are offered to a IFSCA Grade A Officer?
The candidates must know the allowances that they get apart from the IFSCA Grade A Salary when appointed as Assistant Managers. Below is the list of IFSCA Grade A Allowances:
- Grade Allowance
- Special Allowance
- Dearness Allowance
- Local Allowance
- Family 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
- Subsidized Lunch Facility, etc
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Is there probation period under IFSCA Grade A?
Yes, candidates will have 2 years of probation period after they are appointed. The aspirants must note that they will be first appointed for a probationary period and then according to their performance they will be converted into confirmed employees and receive IFSCA Grade A Salary as stated in the notification.
IFSCA Grade A Job Profile
Once selected, the candidate will be assigned duties as per the IFSCA Assistant Manager job profile. As an Assistant Manager, your key responsibilities will include:
- Ensuring that business operations comply with established policies and regulations.
- Monitoring and controlling expenses to help improve overall profitability.
- Assisting with recruitment, training, and professional development of new employees.
- Addressing client queries and ensuring a high level of customer satisfaction.
- Supporting general management functions aligned with organizational goals.
- Providing guidance and direction to team members to maintain effective workflow.
- Conducting performance evaluations and ensuring compliance with safety, health, and security protocols.
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IFSCA Assistant Manager Career Growth and Promotion
The International Financial Services Centres Authority (IFSCA) provides excellent career growth opportunities for its employees. After successfully completing the probation period and securing permanent employment, candidates become eligible for various benefits including bonuses, incentives, and promotional advancements. This not only enhances their professional standing but also contributes to an improved quality of life.