SIDBI Grade A Salary 2025: It is important for the aspirants to know about the SIDBI Grade A Salary 2025 and Job Profile. If you are an SIDBI Grade A aspirant then check the complete SIDBI salary structure, career growth, and facilities provided to Assistant Managers.
SIDBI Grade A Salary
The SIDBI Grade A Basic Salary starts from Rs. 44500/- and the net monthly pay is Rs. 1,00,000/-. The monthly salary includes some allowances minus deductions. Candidates taking the SIDBI Grade A exam must be curious about the detailed salary structure, job profile, and other details. Hence, this article will tell you about these various details of SIDBI Grade A Salary and their job profile, perks, pay scale, etc.
SIDBI Assistant Manager Salary
Here is a detailed look at the SIDBI Assistant Manager Salary that the selected candidates receive on joining. They are also entitled to several monetary and non-monetary perks. SIDBI Assistant Managers are paid Rs. 44500/- as their initial basic pay. The pay scale is Rs. 44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years).
- Starting Basic Pay: ₹44,500
- First increment: ₹2,500 annually for the next 4 years
- After 4 years: ₹44,500 + ₹10,000 = ₹54,500
- Next increment: ₹2,850 annually for the next 7 years
- After 7 years: ₹54,500 + ₹19,950 = ₹74,450
- EB: Efficiency Bar – a checkpoint for performance evaluation before further increments
- Post-EB increment: ₹2,850 annually for the next 4 years
- After 4 years: ₹74,450 + ₹11,400 = ₹85,850
- Final increment: ₹3,300 in the last (17th) year
- Final basic pay after 17 years: ₹85,850 + ₹3,300 = ₹89,150
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SIDBI Grade A Salary Overview
Check out the overview of SIDBI Grade A Salary in the table below:
| Particulars | Details |
|---|
| SIDBI Grade A Basic Pay | Rs 44500 |
| SIDBI Grade A Pay Scale | Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years) |
| SIDBI Grade A Allowances | Dearness Allowance, Grade Allowance, Special Allowance, Local Compensatory Allowance, etc. |
| SIDBI Grade A Gross Emoluments | Rs.1,00,000/- per month |
| Official Website | SIDBI |
SIDBI Grade A Pay Scale
The SIDBI Grade A Pay Scale has been revised. We have mentioned both previous and revised pay scales.
| Pay Scale | SIDBI Assistant Manager/ Grade A Officer |
|---|
| Previous Pay Scale | 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600-2000(1)-55600(17 years) |
| Revised Pay Scale | 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years) |
SIDBI Grade A Salary Structure
The detailed break up of SIDBI Assistant Manager Salary is as follows
| Time Period | Basic Pay (in Rs) | Increment (in Rs) |
|---|
| Starting Pay | Rs 44500 | Rs 2500 every year |
| After 4 Years | Rs.54500 | Rs. 2850 every year |
| After 7 Years | Rs 74450 | Rs. 2850 every year |
| After 11 Years | Rs 85850 | Rs. 3300 every year |
| After 12 Years to 17 years | Rs 89150 (Maximum Pay) | – |
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SIDBI Grade A Perks and Allowances
Apart from SIDBI Assistant Manager salary, officers are eligible for several perks and allowances, A few of which are mentioned below.
- Dearness Allowance
- House Rent Allowance
- Special Allowance
- Family Allowance
- City Compensatory
- Local Allowance
- Learning Allowance
- PFA
- Grade Allowance
- Special Compensatory Allowance
Further, candidates selected for the post will be governed by ‘The Defined Contributory New Pension Scheme (NPS).
SIDBI Grade A Job Profile
The details on the SIDBI Grade A job profile are as follows. The Officers in Grade ‘A' are expected to contribute proactively in following broad areas of operations of the Bank.
- Business Development & Credit Proposals: Appraising MSME credit proposals, processing sanctions, disbursements, and managing customer relationships.
- Review/Renewals of Proposals/Accounts: Ensuring timely completion of reviews and renewals for proposals/accounts.
- Business Growth: Focusing on increasing the outstanding portfolio of direct credit for the branch.
- Customer Acquisition: Onboarding new customers to the bank during the given year.
- Representation & Committees: Representing SIDBI on various platforms and participating in credit committees.
- Management of SMAs & NPAs: Managing SMAs and NPAs, ensuring timely recovery of dues.
- Coordination of Legal Issues: Facilitating and coordinating legal matters related to the bank's operations.
- MIS & Report Submission: Submitting monthly, quarterly, and half-yearly reports and MIS to the Head Office (HO) Verticals.
- Additional Work: Performing any other tasks assigned by the Bank from time to time.
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SIDBI Grade A Probation, Posting/Transfer
Candidates aren't immediately hired on a permanent basis on selection. They have to serve a 2 year probationary period during which their performance is monitored while being trained for their post. The following are the details of the probationary period transfers:
- The selected candidates would be on probation for a period of 2 years which is extendable up to a maximum of 4 years at the discretion of SIDBI.
- The selected candidates will be liable to be posted/transferred at the discretion of SIDBI to various offices/verticals/associates/subsidiaries of SIDBI from time to time and on such terms and conditions as may be decided by SIDBI.
SIDBI Grade A Career Growth
Those who get selected as SIDBI Grade A Assistant Manager will have future prospects of growth that include promotion from AM to Manager, Private Secretary in Grade B, Grade C Officer, Grade D Officer, Grade E Officer, Grade F officer, and Executive Officer. The promotion is based on performance and service to the organisation.
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