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NABARD Grade A Salary Structure 2024, Check Revised Salary, Job Profile

Last updated on 26-Feb-2024

NABARD Grade A Salary

One of the curious questions for NABARD aspirants is how much will we get paid or what is the NABARD Grade A Salary? NABARD Grade A Officer Post is a prestigious entry-level position. Undoubtedly, the aspirants who will crack the exam will be paid handsomely. The candidates will get the complete details of NABARD Grade A Salary in the blog, so go through the complete blog.

NABARD Grade A Salary 2024

Candidates who will be selected as NABARD Grade A officers will start their careers with basic pay of Rs 44,500. The pay scale for NABARD Grade A is Rs. 44500 – 2500 (4) – 54500 – 2850 (7) – 74450 – EB – 2850 (4) – 85850 – 3300 (1) – 89150 (17 Years). The NABARD Grade A Officer In Hand Salary at initial monthly gross emoluments stands at Rs.1,00,000 per month approximately.

ParticularsDetails
NABARD Grade A Officer Basic PayRs.44500/- per month
NABARD Grade A Officer Pay Scale44500 – 2500 (4) – 54500 – 2850 (7) – 74450 – EB – 2850 (4) – 85850 – 3300 (1) – 89150 (17 Years)
NABARD Grade A Officer AllowancesDearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance.
NABARD Grade A Officer Gross EmolumentsRs.1,00,000/- per month

Attempt FREE NABARD Grade A Mock Test

NABARD Grade A Salary Structure 2024

Well, the NABARD Grade A Salary is quite lucrative and impressive. The aspirants who will start their careers or join as NABARD Grade A Officers will enjoy several benefits. The basic salary will start from Rs 44500. For the detailed NABARD 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) 

NABARD Grade A Officer Allowances

The following allowances are being offered along with NABARD Grade A Salary. 

  • Dearness Allowance
  • Local Compensatory Allowance
  • House Rent Allowance (HRA)
  • Grade Allowance
  • Conveyance Allowance (CA)
  • Medical Allowance
  • Leave Fare Concession Travel (LFC)
  • Bank Loan Facility
  • Pension

NABARD Grade A Officer Perks

The aspirants who will be selected will enjoy the following NABARD Grade A Officer Perks.

  • Bank's accommodation is subject to availability
  • Reimbursement of expenses for maintenance of vehicle for official purpose
  • Newspaper, internet, telephone charges, book grant as per eligibility
  • Allowance for furnishing of residence, etc. as per eligibility
  • Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility
  • Interest-free festival advance
  • Leave Travel Concession
  • Loans and Advances at concessional rates of interest for Housing, cars, Education of children, Consumer Articles Personal computers, etc.
  • Candidates selected for the post will be governed by the defined contribution to the New Pension Scheme (NPS) in addition to the benefits of Gratuity and Optional Group Term Insurance Plan.

https://www.youtube.com/watch?v=mjRGJNY2R3E

NABARD Grade A Officer Job Profile

As an Assistant Manager, you will be posted in any department irrespective of your qualifications. You will have to report to the Chief General Manager (CGM) of the regional NABARD office.

NABARD Grade A Officer Job Profile for General Post

  • Carry out clerical/managerial/any other task assigned by the CGM
  • Dealing with policy issues of various state and central government programs related to Agriculture & Rural Development
  • Liaison with Banking Industry and the State Government, that encompass the activities in rural areas
  • Work under the Manager & do clerical work

NABARD Grade A Job Profile for IT Officer (Information & Technology Officer)

  • Security
  • Analytics
  • Database Administration
  • Application Development
  • Networking
  • Server Management and related fields
  • Database Analysis (MySQL, Oracle, MSSQL)

NABARD Grade A Job Profile for Finance Officer

  • Treasury Management
  • Risk management
  • Handling of regulatory and/or statutory compliances for public issues, retail bonds, etc.

Other Duties

  • Identifying and mapping resource potential under related sectors and sub-sectors of rural economy and SWOT analysis thereof, credit-linked planning, preparation of sectoral papers, State Focus Papers, etc.
  • Meeting requests from client institutions, especially Banks and Government Departments, for periodic updating of techno-financial parameters and unit costs of various developmental activities.
  • Provision of expert views, advisory services, consultancy, etc. to individual entrepreneurs, Corporates, Institutions, Government Departments, etc. seeking such advice. This may be in contexts of preparation of DPRs, standardization of techno-financial norms with specific reference to new agri-business ventures such as high-value agriculture, value chain financing, processing and value addition, organic farming, etc.
  • Liaison with National / Regional Research Institutes to support their R&D interventions to develop solutions to field-level technical /operational problems and innovative technologies.
  • Liaison with Line Departments of Central as well as State Governments, ICAR, and State Universities of related disciplines.
  • Advisory services at the District/State/National level in the operationalization of several Government sponsored schemes pertaining to related disciplines.
  • Representation on various technical committees/sub-groups constituted by State / National Level institutions etc. towards policy advocacy.
  • Provision, and simultaneous internal capacity building, in the emerging areas of NABARD's interest and projects being implemented by NABARD, requiring specializations/expertise from related disciplines.
  • Miscellaneous areas – suggestions/advice for effective policy formulations and business plans, Appraisal & Monitoring of proposals having NABARD's interest and/or involvement. Documentation of Success Stories and dissemination technology for replication. Any support related to technical discipline is sought from time to time.

Also, check out the below-given links

How to Prepare for NABARD Grade A Exam?

If you are a candidate who has never prepared for the NABARD Grade A Exam before and is scared of the Agriculture section that is asked in the exam, then you must check out the following success stories:

Success Story of Anantha Giri Padmanabhan
Success Story of Himanshu Baliyan

Special Note: Any Graduate candidate from any discipline can apply for this exam. With a systematic way of preparation, aspirants can smoothly get good marks in the Agriculture section.

FAQs

How many vacancies for NABARD Grade A 2024 has been released?

The total number of vacancies for the year 2024 are not yet released.

When will NABARD Grade A Notification 2024 release? +

Well, NABARD Grade A Notification 2024 will be released soon and we will update it here as and when out.

What is the age limit for NABARD Grade A? +

Minimum 21 years and maximum 30 years. However, certain age relaxations are being provided to several categories.

What is the application fee for NABARD Grade A? +

For SC/ST/PWD there is no application fee, while others need to pay Rs.650 towards the application fee. Also, an intimation charge of Rs.150 is applicable for any category of applicant. Please note that this is expected for the year 2024.

Will there be NABARD Grade A in 2024? +

Yes, NABARD Grade A Exam will be conducted in 2024. The notification will be released soon.

Is there any limit to the number of attempts in NABARD Grade A Exam? +

No, there is no such limit. The candidate just needs to fulfill the age limit and other eligibility criteria.

What is the selection process of NABARD Grade A Exam? +

For the post of RDBS, the candidates will have to undergo three stages which are Prelims, Mains & Interviews.

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