SEBI Grade A Salary, Allowances , Perk and Job Profile 2023

SEBI Grade A Salary
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SEBI Grade A Salary

Are you looking for SEBI Grade A salary slip 2023, SEBI Grade A salary in-hand, SEBI Grade A salary per month, SEBI Grade A structure, SEBI Grade A allowances, SEBI Grade A salary after 5 years ? In this article you will get the complete information about SEBI Grade A salary.

SEBI Grade A Salary is quite lucrative. The SEBI Grade A 2023 Notification had been released on the official website on 22nd June 2023 for the Legal Stream. The notification for all other streams is expected to be released soon. We’re pretty sure you would like to be well-informed about the SEBI Grade A Salary & Job Profile. The majority of the information you need is in this blog post, which we have researched, compiled, and put together for you!

In this blog on SEBI Grade A Salary & Job Profile, we will take you through –

  • Monthly SEBI Grade A Officer Salary (Let us tell you straight away. It is more than 1 Lakh per month)
  • Complete SEBI Salary Structure
  • Full list of SEBI Grade A Allowances & Benefits
  • Detailed SEBI Grade A Office Job Profile where we will talk about:
    • Training, Probation & Posting
    • Responsibilities & duties
    • Working hours
    • Career Path & Promotions

This information would be followed by a few Frequently asked questions about SEBI Grade A Officer Salary & Job Profile.

To be able to earn the salary of a SEBI Grade A officer, you will have to first clear the SEBI recruitment exam. To help you out with your preparation, we have compiled all the FREE study material in a blog. Check out SEBI Grade A FREE Study Material.

SEBI Grade A Salary 2023 – Overview

OrganizationSecurities And Exchange Board of India
Exam NameSEBI Grade A Recruitment 2023
PostOfficer Grade A (Assistant Manager) Legal Stream
SEBI Grade A 2023 Vacancy25
SEBI Grade A  Registration22nd June 2023 to 9th July 2023
SEBI Grade A Selection ProcessPhase I, Phase II, and Interview
SEBI Grade A SalaryRs. 1,49,500/- per month Gross Salary
SEBI Grade A Pay Scale (Revised)44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years)
Official Websitewww.sebi.gov.in
download SEBI Grade A 2023 Legal Officer Notification

SEBI Grade A Salary Structure 2023

Check out the SEBI Grade A Salary Overview in the table below:

Basic PayRs. 44,500
Pay Scale44500-2500 (4)-54500-2850 (7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years)
Increment4 stagnation increments
Special PayRs. 3300 (after completion of 1 year)
Dearness Allowance30.38% of the basic pay 
Special Allowance16.4% of basic pay (minimum- Rs. 11,000)
Family AllowanceRs. 2850/-
City Compensatory 5% of basic pay (maximum- Rs.2500)
Local AllowanceRs. 3450
Learning AllowanceRs. 2500
PFARs. 3850
Grade Allowance14% of basic pay (minimum- Rs. 10,400)
Special Compensatory AllowanceRs. 500- Rs. 625 per month

We know the values mentioned in the Pay-scale column above are a little confusing. Don’t worry. We will explain it to you:

  • In the first year, the SEBI Grade A officer’s basic pay will be â‚ą44,500.
  • These would be 4 annual increments of â‚ą2500.
  • So After 5 years, your basic pay would be â‚ą54,500.
  • From the 6th to the 12th year of your service (7 years) you will get an annual increment of â‚ą2850 in your basic pay.
  • So, at the end of the 12th year of your service, your Basic pay would be â‚ą74,450.
  • EB stands for Efficiency Bar.
  • The next 4 annual increments would be â‚ą2850. Thus, taking the Basic pay to â‚ą85,850.
  • The next annual increment in your basic pay would be â‚ą 3300. This means the basic pay would be â‚ą89,150 at the end of the 17th year.

SEBI Grade A Salary Pay Scale 2023

Post NameExisting PayScaleRevised PayScale
Grade A28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600-2000(1)-55600(17 years)44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years)
Check SEBI Grade A Previous Year Cut Offs

SEBI Grade A Allowances & Benefits/ Perks 2023

Along with the basic pay component, various allowances and benefits are also part of the SEBI Grade A Salary. In this section, we will have a look at the full list of allowances and benefits. A SEBI Grade A officer is entitled to all these benefits during his service tenure.

SEBI Grade A Allowances/ Perks List

1) Dearness Allowance
2) Family Allowance
3) Local Allowance,
4) Special Allowance
5) Grade Allowance
6) Personal Fixed Allowance
7) Special Compensatory Allowance
8) City Compensatory Allowance
9) Learning Allowance
10) Housing Rent Allowance

Benefits of Working in SEBI

1) Leave Fare Concession
2) Medical Expenses
3) Eye Refraction
4) Education Allowance
5) Financial Dailies
6) Book Grant
7) Briefcase
8) Conveyance Expenses
9) Staff Furnishing Scheme
10) Scheme for Purchasing Computers
11) Subsidized Lunch Facility
12) House Cleaning Allowance, etc.

All these allowances and benefits are included in the SEBI Grade A salary, making it one of the most sought-after government jobs in India.

Attempt FREE SEBI Grade A Mock Test

SEBI Grade A Job Profile 2023

1. Training of SEBI Grade A Officer

Once you are selected as a SEBI Grade A Officer you would undergo a fixed Training Program. It is usually conducted at SEBI Headquarters located in Mumbai, Maharashtra.

2. Probation of SEBI Grade A Officer

A SEBI Grade A Officer is under probation for 2 years from the time of her/his joining. On Successful completion of the Probation, The selected candidate is made a permanent Officer of SEBI.

3. Bond for SEBI Grade A Officer

SEBI Grade A Recruitment does not have any provision of a bond for a fixed period of employment.

4. Posting of SEBI Grade A Officer

After getting selected as SEBI Grade A Officer, You would be posted at any of the Regional Offices of SEBI Located throughout the country. The SEBI Offices are normally located in major cities of India.

5. Responsibilities & Duties of a SEBI Grade A Officer

As mentioned in the SEBI recruitment notification for the Grade A officer posts,  There are different streams for which a Grade A officer is selected. Each stream or department has a specific set of functions that you would have to perform. These functions and duties would be made clear to you after the joining & also in training.

Irrespective of the Department/Stream, All the duties and responsibilities of the SEBI Grade A Officer are in line with the overall responsibilities of SEBI as an organization. These responsibilities are as follows:

  • Approval of stock exchanges by-laws.
  • Amendment of by-laws of Stock Exchanges.
  • Inspection of Accounts of Stock Exchanges and various players.
  • Identify and Investigate any malpractices within Securities Markets.
  • Taking steps for increasing investors’ knowledge of Securities Markets.
  • Suspension of Security Tradings of a Stock Exchange.
  • Granting and Withdrawing Recognition of a Stock Exchange.

6. Working Hours of SEBI Grade A Officer

The normal office timings of a SEBI Grade A Officer are from 9:00 AM to 5:00 PM. These timings may vary based on the workload or department.

7. Promotion (Career Path) of a SEBI Grade A Officer

The first promotion a SEBI Grade A Officer is eligible for is to SEBI Grade B Officer. The period of service required for this promotion is usually 3 years.

However, it could vary depending on the Grade B Vacancies or other internal promotion policies of SEBI. You would also need to appear in a Promotion test to get the promotion.

The Promotion Ladder (Career Path) you could climb as a SEBI Grade A Officer is given below:

SEBI-Grade-A-Promotion

After Chief GM, the next position is Executive Head.

SEBI Grade A Salary Slip 2023

Anticipating the latest information, we’ll soon provide an update on the SEBI Grade A Salary Slip for the year 2023. Stay tuned for the most recent details on SEBI Grade A Salary Slip 2023.

SEBI Grade A Salary in Hand Per Month

SEBI Grade A Salary After 5 years

After completing five years of service as a Grade A Officer at SEBI, the salary sees an increase to Rs. 54,500.

This brings us to the end of the SEBI Grade A Officer Job Profile Section. I hope you have understood the information given above and found it helpful.

SEBI Grade A Topper of 2018 – Rajendra Sunder Raj, said “Practice, practice, practice.” This is the strategy to succeed in SEBI Grade A Phase 1 Exam. (You can start your practice here).

Read his complete success story here.

SEBI Grade A Salary, Allowances , Perk and Job Profile 2023 – FAQs

Q1. What is SEBI grade A officer?

Ans. SEBI Grade A Officer is an Assistant Manager Level Post at SEBI (Securities & Exchange Board of India). SEBI is India’s Highest Regulatory Body of Security Markets like SENSEX, NIFTY, etc.

Q2. Which is better SEBI Grade A or RBI Grade B?

Ans. Both SEBI Grade A and RBI Grade B Posts are good. They are at the same level within their respective institutes SEBI & RBI. It comes down to personal choice. If you like Security Markets, then SEBI Grade A is better. If you like Banking & Financial Regulation then RBI Grade B is better.

Q3. Is SEBI a government job?

Ans. Yes, SEBI Grade A Officer is a Government Job. SEBI is a Statutory Body that draws its powers from the SEBI Act of 1992, passed by the Indian Parliament.

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