IFSCA Grade A Salary
IFSCA Grade A Salary is just the same as other grade officers. The aspirants who will be appointed under IFSCA Grade A Recruitment must note that their basic pay will be Rs 44500. Gradually the candidates will move to further stages and hence their salaries will increase. The pay scale for IFSCA Grade A officers is Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years). Candidates must not get confused between basic pay and gross pay. The gross pay is the amount you get as a salary after adding all the allowances.
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IFSCA Grade A Salary 2024 - Overview
Check out the overview of IFSCA Grade A Salary 2024 in the table below:
| Particulars | Details |
| IFSCA Grade A Basic Pay | Rs 44500 |
| IFSCA Grade A Pay Scale | Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years) |
| IFSCA Grade A Allowances | Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc |
| IFSCA Grade A Gross Emoluments | Rs. 1,43,000/- per month |
| Official Website | IFSCA |
Note: The Gross Emoluments include the IFSCA's contribution towards the National Pension Scheme (NPS) as well.
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IFSCA Grade A Salary 2024 - Allowances & Benefits
The candidates must know the allowances that they get apart from the IFSCA Grade A Salary when appointed as Assistant Managers. Below is the list of IFSCA Grade A Allowances:
- Grade Allowance
- Special Allowance
- Dearness Allowance
- Local Allowance
- Family Allowance
- Leave Fare Concession
- Medical Expenses
- Eye Refraction
- Education Allowance
- Financial Dailies
- Book Grant
- Briefcase
- Conveyance Expenses
- House Cleaning Allowance
- Staff Furnishing Scheme
- Scheme for Purchasing Computers
- Subsidized Lunch Facility, etc
IFSCA Grade A Salary Structure 2024
Well, the IFSCA Grade A Salary is quite lucrative and impressive. The aspirants who will start their careers or join as IFSCA Grade A Assistant Managers will be enjoying several benefits. The basic salary will start from Rs 44500. For the detailed IFSCA Grade A Salary Structure, the aspirants must check out the table given below:
| 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) | - |
IFSCA Grade A Salary - Probation Period & Career Growth
Every candidate wants to have growth in their career therefore it is very important to know what is the scope of career growth in the concerned department. The aspirants must note that they will be first appointed for a probationary period of 2 years and then according to their performance they will be converted into confirmed employees.
How Can We Prepare for the IFSCA Grade A Exam 2024?
Well, to crack the IFSCA Grade A Exam you need to have a structured way of preparation. For the systematic preparation, we have come up with 3 plans which you can find by clicking on the link below:
Check out IFSCA Grade A Plans
- IFSCA Grade A 2023 Test Plan (Phase 1)
- IFSCA Grade A 2023 Test Plan (Phase 1+2)
- IFSCA Grade A 2023 Learn Plan (Phase 1)
You can choose the plan according to your preparation strategy. The best part is that you can access them till the end of the IFSCA Grade A Exam.
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