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.
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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?
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- 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)
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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.
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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.
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