IFSCA Grade A Salary 2024, Pay Slip, In Hand, Salary Structure

Published on 10 September 2024 by

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 2024 – Overview

Check out the overview of IFSCA Grade A Salary 2024 in the table below:

ParticularsDetails
IFSCA Grade A Basic PayRs 44500
IFSCA Grade A Pay ScaleRs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years)
IFSCA Grade A AllowancesGrade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc
IFSCA Grade A Gross EmolumentsRs. 1,43,000/- per month 
Official WebsiteIFSCA

Note: The Gross Emoluments include the IFSCA’s contribution towards the National Pension Scheme (NPS) as well. 

IFSCA Grade A Salary Structure 2024

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 PeriodBasic Pay (in Rs)Increment (in Rs)
Starting PayRs 44500Rs 2500 every year
After 4 YearsRs.54500Rs. 2850 every year 
After 7 YearsRs 74450Rs. 2850 every year
After 11 YearsRs 85850Rs. 3300 every year
After 12 Years to 17 yearsRs 89150 (Maximum Pay)–

IFSCA Grade A Salary 2024 – 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 
Related LinksRelated LinksRelated Links
IFSCA Grade A Cut OffIFSCA Grade A Application FormIFSCA Grade A Syllabus
IFSCA Grade A Exam DateIFSCA Grade A Admit CardIFSCA Grade A Eligibility
IFSCA Grade A ResultIFSCA Grade A Selection ProcessIFSCA Grade A Previous Year Papers

IFSCA Grade A Salary – 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.

Download IFSCA Grade A PYQ PDF

IFSCA Grade A Salary 2024 FAQs

Q1. What is the basic pay of an IFSCA Grade A Assistant Manager?

The basic IFSCA Grade A Salary is Rs 44500.

Q2. What are the gross emoluments that a candidate gets per month as per IFSCA Salary?

The gross emoluments that the candidate gets are Rs 1,43,000 per month as per the IFSCA Salary.

Q3. What are the IFSCA Assistant Manager perks & allowances?

There are several allowances including Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc

Q4. Where will the candidates appointed as IFSCA Grade A Assistant Manager be posted after selection?

The candidates can be posted anywhere in India or abroad where IFSCA has its offices.

Q5. What is the range of IFSCA Grade A Salary?

The range for IFSCA Grade A Salary is from Rs 44500 to Rs 89150.

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