IFSCA Grade A Salary: IFSCA Grade A Salary is just the same as other grade officers. The aspirants who will be appointed under IFSCA Grade A Recruitment must note that their basic pay will be Rs 44500. Gradually the candidates will move to further stages and hence their salaries will increase. The pay scale for IFSCA Grade A officers is Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years). Candidates must not get confused between basic pay and gross pay. The gross pay is the amount you get as a salary after adding all the allowances.
IFSCA Grade A Salary 2025 Overview
The IFSCA Grade A (Assistant Manager) position offers a competitive salary structure, aligning with other regulatory bodies in India. Understanding the salary components is crucial for aspirants aiming for this prestigious role. Check out the overview of IFSCA Grade A Salary 2025 in the table below:
| Particulars | Details |
|---|
| IFSCA Grade A Basic Pay | Rs 44500 |
| IFSCA Grade A Pay Scale | Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years) |
| IFSCA Grade A Allowances | Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc |
| IFSCA Grade A Gross Emoluments | Rs. 1,43,000/- per month |
| Official Website | IFSCA |
Note: The Gross Emoluments include the IFSCA's contribution towards the National Pension Scheme (NPS) as well.
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IFSCA Grade A Salary Structure 2025
Well, the IFSCA Grade A Salary is quite lucrative and impressive. The aspirants who will start their careers or join as IFSCA Grade A Assistant Managers will be enjoying several benefits. The basic salary will start from Rs 44500. For the detailed IFSCA Grade A Salary Structure, the aspirants must check out the table given below:
| Time Period | Basic Pay (in Rs) | Increment (in Rs) |
|---|
| Starting Pay | Rs 44500 | Rs 2500 every year |
| After 4 Years | Rs.54500 | Rs. 2850 every year |
| After 7 Years | Rs 74450 | Rs. 2850 every year |
| After 11 Years | Rs 85850 | Rs. 3300 every year |
| After 12 Years to 17 years | Rs 89150 (Maximum Pay) | – |
Gross Emoluments of IFSCA Grade A Officer
The gross monthly salary of an IFSCA Grade A Officer is approximately ₹1,43,000. This total includes various components apart from 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:
Basic Pay
The starting basic pay for IFSCA Grade A officers is ₹44,500. This is the fixed base component of the salary, and all other allowances are calculated based on it.
Dearness Allowance (DA)
The Dearness Allowance is a cost-of-living adjustment allowance, revised quarterly based on inflation rates. It helps offset the impact of rising prices and is calculated as a percentage of the basic pay.
House Rent Allowance (HRA)
IFSCA officers receive House Rent Allowance, which depends on the posting location. HRA typically ranges from 7% to 9% of the basic pay:
9% in metro cities
8% in semi-metros
7% in other cities
This allowance may vary if government accommodation is provided.
Special Allowance
The Special Allowance is a fixed additional benefit given to officers to enhance their gross pay. It serves as a performance and responsibility-based incentive.
Grade Allowance
IFSCA Grade A officers are entitled to a Grade Allowance, which is common across most Grade A regulatory bodies. It adds to the overall earnings and reflects the officer's job grade.
Local Allowance
A Local Allowance is provided to cover local travel, communication, and other city-specific expenses. The amount may vary slightly depending on the city of posting.
Family Allowance
The Family Allowance is offered to support dependents and family-related expenses. It's a fixed allowance that adds to the total monthly earnings.
Contribution to National Pension Scheme (NPS)
The employer's contribution to the National Pension Scheme (NPS) is also part of the gross salary. While this is not part of the take-home pay, it contributes to the officer's long-term retirement savings.
IFSCA Grade A Allowances & Benefits
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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IFSCA Grade A Probation Period
Every candidate wants to have growth in their career therefore it is very important to know what is the scope of career growth in the concerned department. The aspirants must note that they will be first appointed for a probationary period of 2 years and then according to their performance they will be converted into confirmed employees.
IFSCA Grade A Job Profile
Check out the below points to know the IFSCA Grade A Job Profile in detail:
- Policy Development: Drafts and implements financial policies to regulate the international financial sector.
- Compliance Monitoring: Ensures that financial institutions comply with IFSCA regulations.
- Market Surveillance: Monitors financial markets to detect and prevent fraud or unethical practices.
- Research & Analysis: Conducts research and analysis on global financial trends and risks.
- Regulatory Oversight: Supervises the operations of financial entities within the International Financial Services Centre.
- Risk Management: Assesses and manages risks in financial services and products.
- Stakeholder Engagement: Liaises with national and international stakeholders to promote financial stability.
- Innovation Support: Encourages innovation in financial products and services within regulatory frameworks.
- Enforcement Actions: Takes action against non-compliance and other regulatory breaches.
- Report Preparation: Prepares reports and briefs on financial market developments for senior management.
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