IFSCA Grade A Salary: The IFSCA Grade A Salary 2025 is one of the most attractive aspects of this prestigious job role. Candidates selected as Assistant Managers under IFSCA Grade A Recruitment receive a handsome salary package with additional benefits and allowances. The starting basic pay is ₹44,500 and the total monthly in-hand salary reaches approximately ₹1.43 lakh including allowances.
What is the salary of an Officer Grade A in IFSCA?
The gross monthly salary of an Officer Grade A in IFSCA is approximately Rs. 1,43,000. 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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What is the salary structure in IFSCA Grade?
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 IFSCA Grade A Salary of an 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:
| Component | Details |
|---|
| Basic Pay | ₹44,500 is the starting basic pay. It is the fixed base amount on which all other allowances are calculated. |
| Dearness Allowance (DA) | A 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 | A 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; amount varies by location. |
| Family Allowance | A fixed benefit to support dependents and family-related expenses. |
| NPS Contribution | |
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.
