The Small Industries Development Bank of India (SIDBI) recruits candidates every year for the post of Assistant Manager. Selected candidates receive a handsome salary, starting with a basic pay of ₹44,500 – 2500(4) – 54,500 – 2850(7) – 74,450 – EB – 2850(4) – 85,850 – 3300(1) – 89,150, offering an attractive growth path over 17 years. With an approximate monthly package of ₹1,00,000, the compensation includes basic pay, allowances, perks, and other benefits, making the role financially rewarding. In this blog, we provide a complete breakdown of the salary structure, yearly increments, in-hand pay, and other advantages that candidates can expect when joining SIDBI as a Grade A officer.
What is the SIDBI Grade A salary?
The SIDBI Grade A salary for the Assistant Manager (General Stream) post starts with a basic pay of ₹44,500, which increases gradually over the years according to a structured pay scale. Initially, the pay grows by ₹2,500 each year for 4 years, reaching ₹54,500. In the next stage, it increases by ₹2,850 every year for 7 years, taking the pay to ₹74,450. After this, an Efficiency Bar (EB) is applied, which further raises the pay. Following the EB, the salary increases by ₹2,850 each year for 4 years, reaching ₹85,850, and finally, a last increment of ₹3,300 in one year brings the basic pay to ₹89,150. This structured progression ensures steady growth over 17 years.
In addition to the basic pay, Assistant Managers receive allowances, perks, and benefits, including housing, medical, and travel facilities, making the total monthly package approximately ₹1,00,000. This salary structure offers financial stability, career growth, and a rewarding work experience, making SIDBI Grade A one of the most attractive positions in the banking sector.
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What is the pay scale for the SIDBI Grade A officer?
The pay scale for a SIDBI Grade A officer (Assistant Manager, General Stream) is designed to offer steady growth and attractive compensation over a period of 17 years. The starting basic pay is ₹44,500, which increases periodically through annual increments and an Efficiency Bar (EB) at a certain stage in the career. Over the years, the basic pay grows gradually, eventually reaching ₹89,150. Along with the basic pay, officers receive various allowances, perks, and benefits, including housing, medical, and travel facilities, making the total monthly package approximately ₹1,00,000.
| Stage | Basic Pay (₹) | Annual Increment (₹) | Duration (Years) | Notes |
|---|
| 1 | 44,500 | 2,500 | 4 | Pay increases by ₹2,500 each year → reaches ₹54,500 |
| 2 | 54,500 | 2,850 | 7 | Pay increases by ₹2,850 each year → reaches ₹74,450 |
| EB | 74,450 | — | — | Efficiency Bar (EB) – pay increases after meeting performance criteria |
| 3 | 77,300 approx. | 2,850 | 4 | Pay increases by ₹2,850 each year → reaches ₹85,850 |
| 4 | 85,850 | 3,300 | 1 | Last increment over 1 year → reaches ₹89,150 |
What will be the SIDBI Grade A salary after the 8th Pay Commission?
Currently, SIDBI Grade A Officers are not directly covered under the 7th Pay Commission, but their basic pay structure is broadly similar to Level 7 of the 7th CPC. As per the SIDBI Grade A Notification 2025, the starting basic pay is ₹44,500, which is almost at par with the Level 7 basic pay (₹44,900) under the 7th Pay Commission.
With the constitution of the 8th Pay Commission and the expected revision in central pay structures, the SIDBI Grade A salary is likely to be revised upward. Based on projected revisions and anticipated fitment factors, the revised basic pay for SIDBI Grade A Officers may start around ₹82,200, with the upper range extending up to ₹1.10 lakh, depending on annual increments, allowances, and years of service.
| Salary Component | Current (SIDBI Pay Structure – Similar to Level 7) | Expected After 8th Pay Commission |
|---|
| Basic Pay | ₹44,500 (as per SIDBI Grade A Notification 2025) | ₹82,207 (expected starting) |
| Pay Scale Reference | Similar to Level 7 (7th CPC) | Revised under 8th CPC |
| Dearness Allowance (DA) | As applicable | Revised / merged |
| HRA / Lease Allowance | As per SIDBI norms | Higher limits expected |
| Other Allowances | Grade, Local, Special | Enhanced / restructured |
| Gross Monthly Salary | ₹70,000 – ₹75,000 (approx.) | ₹82,207 – ₹1,10,554 (expected) |
Check Complete Details: SEBI Grade A Salary after 8th Pay Commission
What is the salary structure of a SIDBI Grade A officer?
The SIDBI Grade A officer (Assistant Manager, General Stream) enjoys a rewarding salary and benefits package. The starting basic pay is ₹44,500, which grows over 17 years through annual increments and an Efficiency Bar (EB), reaching ₹89,150. Along with allowances like Dearness, Grade, Special, and Local Compensatory Allowance, the total monthly package is around ₹1,00,000.
Officers also receive gratuity, leave fare concession, medical reimbursement, vehicle and telephone allowances, education and book grants, festival advance, and SIDBI-provided or leased accommodation. Concessional loans for housing, car, travel, and gadgets are available, with annual CTC ranging from ₹19 lakh to ₹21 lakh. Eligible candidates may get advance increments for qualifications or special experience.
| Component | Details |
|---|
| Basic Pay | Starts at ₹44,500 and progresses according to the pay scale: ₹44,500 – 2500(4) – 54,500 – 2850(7) – 74,450 – EB – 2850(4) – 85,850 – 3300(1) – 89,150 (over 17 years) |
| Allowances | Dearness Allowance, Grade Allowance, Special Allowance, Local Compensatory Allowance |
| Perks & Benefits | Housing/leased accommodation, medical reimbursement, vehicle maintenance/allowance, lounge and telephone expenses, newspaper/book grant, education allowance, interest-free festival advance (upto 1 month's gross pay) |
| Loans & Advances | Concessional loans for housing, car, travel, personal computer/tablets, etc., as per SIDBI rules |
| CTC | Approx. ₹19 lakh – ₹21 lakh per year for Grade A officers, depending on posting location |
| Advance Increments | Up to 4 advance increments (including JAIIB/CAIIB increments) may be granted for good academic qualifications or special experience, at SIDBI's discretion |
| Probation & Posting | Initial probation period of 2 years (extendable up to 4 years); liable for transfer/posting across offices, verticals, subsidiaries as per SIDBI's discretion |
| Career Progression | Officers progress in a single General Stream; regular skill upgradation is encouraged to excel and grow in the organization |
Explore SIDBI Grade A/B Online Courses
Are there any perks and benefits apart from SIDBI Grade A salary?
Yes, apart from the basic salary and allowances, SIDBI Grade A officers enjoy a wide range of perks and benefits designed to support their personal and professional needs. These include gratuity, leave fare concessions, medical reimbursements, vehicle maintenance and telephone allowances, lounge facilities, newspaper and book grants, education allowances, interest-free festival advances, and SIDBI-provided or leased accommodation. Officers can also access loans and advances at concessional rates for housing, cars, travel, and personal gadgets. Depending on the place of posting, the annual CTC of Grade A officers ranges from ₹19 lakh to ₹21 lakh, making the overall compensation highly attractive.
| Perk / Benefit | Details |
|---|
| Gratuity | Retirement benefit as per SIDBI rules |
| Leave Fare Concession | Once in two years for self, spouse, and eligible dependents |
| Medical Reimbursement | Covers eligible medical expenses |
| Vehicle & Telephone Allowance | Reimbursement for vehicle maintenance and telephone bills |
| Lounge Facilities | Access to SIDBI lounges as per rules |
| Newspaper & Book Grant | Financial support for newspapers and books |
| Education Allowance | Support for children's education |
| Festival Advance | Interest-free advance up to one month's gross pay |
| Accommodation | SIDBI-provided housing or leased flat facility |
| Loans & Advances | Concessional loans for housing, car, travel, personal gadgets, etc. |
| Annual CTC | ₹19 lakh – ₹21 lakh depending on posting location |
Also check: SIDBI Grade A Syllabus
What is the SIDBI Grade A Job Profile?
The job profile of a SIDBI Grade A officer (Assistant Manager, General Stream) involves contributing proactively to various operations of the bank, particularly in the MSME sector. Officers are responsible for business development, appraisal of credit proposals, sanctions, disbursements, customer management, and credit monitoring. They ensure timely review and renewal of proposals/accounts, support business growth through increasing the outstanding portfolio of direct credit, and work on onboarding new customers. Officers also represent SIDBI in various committees and forums, manage Special Mention Accounts (SMAs) and Non-Performing Assets (NPAs), and coordinate legal matters at the branch. Additionally, they are responsible for timely submission of MIS and other reports to head office verticals and perform any other tasks assigned by the bank.
- Business Development: Promote growth of MSME credit portfolio and acquire new customers.
- Credit Appraisal & Sanctions: Assess MSME credit proposals, approve, and disburse loans.
- Customer Management: Maintain relationships with clients and follow up on their requirements.
- Credit Monitoring: Regularly review outstanding loans and ensure timely recovery.
- Proposal/Account Review: Complete renewals and reviews of proposals/accounts on time.
- Representation: Participate in various committees and forums on behalf of SIDBI.
- SMA/NPA Management: Manage Special Mention Accounts and Non-Performing Assets, coordinate legal matters at the branch.
- Reporting: Submit MIS and other reports (monthly/quarterly/half-yearly) to head office verticals.
- Other Responsibilities: Perform any additional duties assigned by the bank from time to time.
Download SIDBI Grade A Previous Year Interview Questions Ebook
What is the probation period for a SIDBI officer?
The probation period for a SIDBI officer (Assistant Manager, Grade A) is 2 years, which may be extended up to a maximum of 4 years at the discretion of the bank. During this period, officers are evaluated on their performance, skills, and ability to handle various responsibilities. Once confirmed, they are liable to be posted or transferred across different offices, verticals, subsidiaries, or associate institutions of SIDBI as per organizational requirements and terms decided by the bank.
Is there any Career Growth in SIDBI Grade A Profile?
The career growth of a SIDBI Grade A officer (Assistant Manager, General Stream) is well-structured and offers clear opportunities for progression based on performance and experience. Officers start as Assistant Manager (Grade A) and, with consistent performance, can be promoted through higher grades over the years, eventually reaching top positions like Executive Director. The typical career progression includes Grade A - Manager / Private Secretary (Grade B) - Grade C Officer - Grade D Officer - Grade E Officer - Grade F Officer - Executive Director.
Promotions are accompanied by corresponding pay scale increments, along with Efficiency Bar (EB) enhancements at different stages. This structured path not only ensures financial growth but also provides exposure to diverse roles within SIDBI, skill development opportunities, and long-term career advancement. Officers are also encouraged to pursue professional qualifications such as JAIIB/CAIIB, which may lead to advance increments in the pay scale.
Attempt SIDBI Grade A Previous Year Paper PDFs
Key takeaways
| Key Aspect | Details |
|---|
| Post Name | Assistant Manager (Grade A) – General Stream |
| Starting Basic Pay | ₹44,500 |
| Pay Scale Growth | ₹44,500 – 2,500(4) – 54,500 – 2,850(7) – 74,450 – EB – 2,850(4) – 85,850 – 3,300(1) – 89,150 (17 years) |
| Monthly Package | Approx. ₹1,00,000 (including allowances and perks) |
| Allowances | Dearness Allowance, Grade Allowance, Special Allowance, Local Compensatory Allowance |
| Perks & Benefits | Gratuity, leave fare concession, medical reimbursement, vehicle & telephone allowance, lounge access, newspaper/book grants, education allowance, festival advance, SIDBI-provided or leased accommodation |
| Loans & Advances | Concessional loans for housing, car, travel, personal gadgets |
| Annual CTC | ₹19 lakh – ₹21 lakh (depending on posting location) |
| Probation Period | 2 years (extendable up to 4 years) |
| Job Profile | Business development, credit appraisal & sanctions, customer management, credit monitoring, SMA/NPA management, reporting, representation in committees/forums, and other assigned duties |
| Career Growth | Grade A → Grade B / Private Secretary → Grade C → Grade D → Grade E → Grade F → Executive Director |
| Advance Increments | Up to 4 increments possible for professional qualifications (JAIIB/CAIIB) or special experience |
| Skill Development | Regular upgradation encouraged to excel and progress in career |
