SEBI Grade A Salary
SEBI Grade A Salary is quite lucrative. 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. Just like any other esteemed organization’s posts, SEBI also offers handsome salary to the candidates who join after proving themselves at each stage of selection process.
SEBI Grade A Salary
Get the complete overview of the SEBI Grade A Salary below:
|Organization||Securities And Exchange Board of India|
|Exam Name||SEBI Grade A Recruitment 2024|
|Post||Officer Grade A (Assistant Manager)|
|SEBI Grade A Selection Process||Phase I, Phase II, and Interview|
|SEBI Grade A Gross Salary||Rs 1,54,000 to Rs 1,60,000|
|SEBI Grade A Pay Scale (Revised)||44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years)|
Note: The details mentioned in this blog are as expected.
SEBI Grade A Salary Structure 2024
Check out the SEBI Grade A Salary Structure in the table below:
|Basic Pay||Rs. 44,500|
|Pay Scale||44500-2500 (4)-54500-2850 (7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years)|
|Increment||4 stagnation increments|
|Special Pay||Rs. 3300 (after completion of 1 year)|
|Dearness Allowance||30.38% of the basic pay|
|Special Allowance||16.4% of basic pay (minimum- Rs. 11,000)|
|Family Allowance||Rs. 2850/-|
|City Compensatory||5% of basic pay (maximum- Rs.2500)|
|Local Allowance||Rs. 3450|
|Learning Allowance||Rs. 2500|
|Grade Allowance||14% of basic pay (minimum- Rs. 10,400)|
|Special Compensatory Allowance||Rs. 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 ₹44,500.
- These would be 4 annual increments of ₹2500.
- So After 5 years, your basic pay would be ₹54,500.
- From the 6th to the 12th year of your service (7 years) you will get an annual increment of ₹2850 in your basic pay.
- So, at the end of the 12th year of your service, your Basic pay would be ₹74,450.
- EB stands for Efficiency Bar.
- The next 4 annual increments would be ₹2850. Thus, taking the Basic pay to ₹85,850.
- The next annual increment in your basic pay would be ₹ 3300. This means the basic pay would be ₹89,150 at the end of the 17th year.
SEBI Grade A Salary Pay Scale 2024
|Post Name||Existing Pay Scale||Revised Pay Scale|
|Grade A Officer||28150-1550(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)|
SEBI Grade A Allowances, Benefits/ Perks 2024
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
8) Conveyance Expenses
9) Staff Furnishing Scheme
10) Scheme for Purchasing Computers
11) Subsidized Lunch Facility, 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.
SEBI Grade A Job Profile 2024
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
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 Trading 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:
After Chief GM, the next position is Executive Head.
SEBI Grade A Salary Slip 2024
Anticipating the latest information, we’ll soon provide an update on the SEBI Grade A Salary Slip for the year 2024. Stay tuned for the most recent details on SEBI Grade A Salary Slip 2024.
SEBI Grade A Salary in Hand Per Month
Well, if you are a SEBI Grade A Officer, then you must be earning quite well. If you are an candidate aspiring to join SEBI as Grade A Officer, then please note with accommodation, the salary ranges from Rs 92,000 to Rs 95,000 and without accommodation, the salary ranges from Rs. 1,25,000 to Rs. 1,30,000.
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 Salary. I hope you have understood the information given above and found it helpful.
SEBI Grade A Salary, Allowances , Perk and Job Profile 2024 – FAQs
Ans. SEBI Grade A Officer is a person appointed at 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.
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.
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.
The gross salary for a SEBI Grade A Officer will range between Rs 1,54,000 to Rs. 1,60,000.
With Accommodation – Rs 92,000 to Rs 95,0000
Without Accommodation – Rs 1,25,000 to Rs 1,30,0000
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|Related Links||Related Links|
|RBI Grade B Notification||IRDAI Assistant Manager Notification|
|NABARD Grade A Notification||IFSCA Grade A Notification|
|SIDBI Grade A Notification||–|
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