IFSCA Grade A Salary – International Financial Services Centres Authority (IFSCA) is a statutory regulatory body whose motive is to regulate the financial markets in IFS Centres in India. Recently on 11th February 2023, the IFSCA released a notification inviting applications from eligible and interested candidates for the post of Assistant Manager. The candidates will get the complete details of IFSCA Grade A Salary in the article, so go through the complete article.
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.
Also check out,
Check out IFSCA Grade A Tests Plan & Learn Plan for Phase 2
Table of Contents
- IFSCA Grade A Salary Overview
- IFSCA Grade A Allowances & Benefits
- IFSCA Grade A Salary Structure 2023
- IFSCA Grade A Probation Period & Career Growth
- How Can We Prepare for the IFSCA Grade A Exam 2023?
- Download FREE Ebooks on Government Schemes for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA
- FREE Ebooks on General Awareness, ESI, FM & Miscellaneous Topics for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA – Download
- Download FREE Ebooks on QRE (Quantitative Aptitude, Reasoning, English) for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA
- IFSCA Grade A Salary FAQs
IFSCA Grade A Salary Overview
| 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 National Pension Scheme (NPS) as well.
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
IFSCA Grade A Salary Structure 2023
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) |
IFSCA Grade A Probation Period & Career Growth
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.
How Can We Prepare for the IFSCA Grade A Exam 2023?
Well, to crack the IFSCA Grade A Exam you need to have a structured way of preparation. For the systematic preparation, we have come up with 3 plans which you can find by clicking on the link below:
Check out IFSCA Grade A Plans
- IFSCA Grade A 2023 Test Plan (Phase 1)
- IFSCA Grade A 2023 Test Plan (Phase 1+2)
- IFSCA Grade A 2023 Learn Plan (Phase 1)
You can choose the plan according to your preparation strategy. The best part is that you can access them till the end of the IFSCA Grade A Exam.
Download FREE Ebooks on Government Schemes for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA
FREE Ebook on Top 10 Govt Schemes from Ministry of Agriculture: Part 1 – Download
FREE Ebook on Top 10 Govt Schemes from Ministry of Agriculture: Part 2 – Download
Download Top 5 Government Schemes From the Ministry of Education
Download the Free Ebook on Top 6 Govt. Schemes from the Ministry of Finance
Ebook on Top 5 Initiatives of NITI Aayog – Download FREE
FREE Ebooks on General Awareness, ESI, FM & Miscellaneous Topics for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA – Download
The syllabus of all the regulatory exams is somewhat similar, so practicing and learning from other exam-specific ebooks are also beneficial in the preparation. Here, we have compiled all the latest ebooks that will help you ace the exam.
RBI Bolt March 2023 Summary FREE Ebook
Top 100 PIB Current Affairs MCQs for RBI Grade B 2023: Part 1 – Download FREE
Top 100 PIB Current Affairs MCQs for RBI Grade B 2023: Part 2 – Download FREE
FREE Ebook on Introduction to Management
FREE Ebook on Indian Agriculture
Insurance Sector in India FREE Ebook
International Economic Institutions FREE Ebook
Download FREE Ebooks on QRE (Quantitative Aptitude, Reasoning, English) for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA
The candidates must make a note that we have drafted the content for RBI Grade B 2023 Exam like Top 25 Syllogism Questions for RBI Grade B, Top 25 Number Series Questions for RBI Grade B but practicing them for other regulatory exams will benefit your preparation level, so download all the ebooks for FREE and enhance your preparation.
Ebooks on Quantitative Aptitude
Top 25 Number Series Questions for RBI Grade B 2023 – Download FREE
Ebooks on Reasoning
Top 25 Puzzle Questions for RBI Grade B 2023: Download FREE
Top 25 Syllogism Questions for RBI Grade B 2023: Download FREE
Ebooks on English Language
Top 100 Idioms & Phrases for RBI Grade B 2023: Download FREE Ebook
Top 135 One Word Substitutions for RBI Grade B 2023: Download FREE Ebook
Get Daily FREE Material for RBI Grade B, NABARD Grade A, SEBI Grade A, IFSCA Grade A, and SIDBI Grade A- Join Oliveboard’s Regulatory Exam Telegram Channel
Do not forget to check out all the videos for RBI Grade B, NABARD Grade A, SEBI Grade A, IFSCA Grade A, and SIDBI Grade A, IRDAI Assistant Manager- Subscribe to Oliveboard’s Regulatory Exam Youtube Channel
DOWNLOAD THE RBI, NABARD, SEBI Prep App FOR ON-THE-GO EXAM PREPARATION
The app provides comprehensive study material in the form of online courses to ace these examinations. The study material ranges from online LIVE classes, video lectures, study notes, revision sessions, past year papers, topic tests, the objective plus descriptive mock tests, mock interviews, and much more.
- DDA Syllabus 2023 and Exam Pattern, Check Detailed Subject Wise
- CSIR NET Admit Card 2023, Download Now
- IBPS RRB Clerk 2023 Notification Out, Direct Link to Download
- SSC CHSL Notification 2023, Check Complete Information
- CAIIB Admit Card 2023 Out, Direct Link to Download
IFSCA Grade A Salary FAQs
The basic IFSCA Grade A Salary is Rs 44500.
The gross emoluments that the candidate gets are Rs 1,43,000 per month.
There are several allowances including Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc
The candidates can be posted anywhere in India or abroad where IFSCA has its offices.
The range for IFSCA Grade A Salary is from Rs 44500 to Rs 89150.
I have been a Government Job aspirant myself but writing was always my passion. Since 2021, I have been writing various blogs on several exams such as Banking, SSC, State PSCs, etc. The ultimate motive is to provide correct and detailed information that the user needs in one place. Apart from writing and marketing, I love to cook.
Oliveboard Live Courses & Mock Test Series