SEBI Grade A Salary
SEBI Grade A Salary has been increased. 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. Also note that as per the SEBI Grade A Notification 2024, there is an increase of approximate Rs 5500 in gross salary.
SEBI Grade A Salary 2024
Candidates who will be selected as SEBI Grade A officers will start their careers with basic pay of Rs 44500. The revised pay scale for SEBI Grade A is Rs. 44500–2500(4)-54500–2850(7)–74450–EB–2850(4)–85850–3300(1)–89150(17 Years). The SEBI Grade A monthly gross emoluments stands at ₹1,55,000/- p.m. without accommodation and ₹1,16,500/- p.m. with accommodation.
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SEBI Grade A Salary Overview
Get the complete overview of the SEBI Grade A Salary below:
Particulars | Important Information |
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 Pay Scale (Revised) | 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years) |
SEBI Grade A Gross Emoluments | ₹1,55,000/- p.m. without accommodation ₹1,16,500/- p.m. with accommodation. |
Official Website | https://www.sebi.gov.in/ |
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SEBI Grade A Revised Salary
As per the SEBI advance intimation, the gross emoluments stands at Rs 1,49,500 without accommodation and Rs 1,11,000 with accommodation. According to the detailed notification, the gross emoluments stands at ₹1,55,000/- p.m. without accommodation and ₹1,16,500/- p.m. with accommodation.
SEBI Grade A Salary Structure 2024
The SEBI Grade A Salary is similar to the salary of other Grade A officers in such as IFSCA, and NABARD. Check out the SEBI Grade A Salary Structure in the table below:
Time Period | Basic Pay (in Rs) | Increments (in Rs) |
SEBI Grade A Starting Pay | Rs 44500 | Rs. 2500 every year |
SEBI Grade A Salary After 4 Years | Rs.54500 | Rs. 2850 every year |
SEBI Grade A Salary After 7 Years | Rs 74450 | Rs. 2850 every year |
SEBI Grade A Salary After 11 Years | Rs 85850 | Rs. 3300 every year |
SEBI Grade A Salary After 12 Years to 17 years | Rs 89150 (Maximum Pay) | – |
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.
- Then, there will be 4 annual increments of ₹2500 each.
- So SEBI Grade A Salary After 5 Years will be ₹54,500.
- From the 6th to the 12th year of your service (7 years) you will get an annual increment of ₹2850 each in your basic pay.
- So, at the end of the 12th year of your service, your Basic pay would be ₹74,450.
- Please note, EB stands for Efficiency Bar.
- The next 4 annual increments would be ₹2850 each. Thus, taking the Basic pay to ₹85,850.
- The next annual increment in your basic pay will be ₹ 3300. This means the basic pay will be ₹89,150 at the end of the 17th year.
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SEBI Grade A Salary Pay Scale 2024
The SEBI Grade A Pay Scale has been revised now. Below we have shared the existing and the revised pay scale of SEBI Grade A Officer.
Post Name | Previous 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 Salary Slip
The Grade A Officers receive handsome amount in terms of salary. Below, we have shared the SEBI Grade A Salary Slip where you will get the details of total earnings and deductions.
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
The candidates must know what allowances or perks a SEBI Grade A Officer gets. Below is the 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
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What are the Benefits of Working in SEBI?
Along with the allowances given above, the grade a officers receives various benefits such as:
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, 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. Deputation is also one of the benefits of working in SEBI. This means that while working in SEBI, you may avail opportunity of deputation to various other regulatory bodies, government departments, foreign regulatory bodies, etc.
SEBI Grade A Job Profile 2024
There are many factors that must be considered under SEBI Grade A job profile, check all of them below:
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. Check SEBI Grade A Posting for the detailed information.
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 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 1,11,000 and without accommodation, the salary ranges from Rs. 1,49,500.
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 as basic pay.
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 2024 – FAQs
₹1,55,000/- p.m. without accommodation and ₹1,16,500/- p.m. with accommodation.
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.
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.
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Useful information ?
The CTC for a Grade A officer is around Rs. 19 lakhs p.a, after accounting for all entitlements.