NABARD Grade A Salary Structure - Complete Details

NABARD Grade A Salary Structure

NABARD Grade A is a prestigious entry-level position in the organization of NABARD. Not to mention, the aspirants who are able to crack the exam, are paid handsomely. This section deals with complete details regarding the salary, perks, and job responsibilities of the NABARD Grade A officers. 

Candidates selected as NABARD Grade A 2022 officers will start their careers with basic pay of Rs 28,150. The pay scale for NABARD Grade A is Rs 28150-1550(4)-34350-1750(7)- 46600-EB-1750(4) - 53600-2000(1) - 55600. The in-hand Salary of a NABARD Grade A officer at initial monthly gross emoluments stands at Rs.70,000 per month approximately.

NABARD Grade A Officer Allowances

NABARD Grade A posts offer the following perks and allowances 

• Dearness Allowance
   
• Local Compensatory Allowance
   
• House Rent Allowance (HRA)
   
• Grade Allowance
   
• Conveyance Allowance (CA)
   
• Medical Allowance
   
• Leave Fare Concession Travel (LFC)
   
• Bank Loan Facility
   
• Pension

NABARD Grade A Officer Perks

• Bank's accommodation is subject to availability
   
• Reimbursement of expenses for maintenance of vehicle for official purpose
   
• Newspaper, internet, telephone charges, book grant as per eligibility
   
• Allowance for furnishing of residence, etc. as per eligibility
   
• Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalisation as per eligibility
   
• Interest-free festival advance
   
• Leave Travel Concession,
• Loans and Advances at concessional rates of interest for Housing, Car, Education of children, Consumer Articles Personal Computer, etc.
   
• Candidates selected for the post will be governed by the defined contribution to the New Pension Scheme (NPS) in addition to the benefits of Gratuity and Optional Group Term Insurance Plan.

Job Profile of a NABARD Grade A Officer

As an Assistant Manager, you will be posted in any department irrespective of your qualification. 

You will have to report to the Chief General Manager (CGM) of the regional NABARD office.

Roles and Responsibilities of NABARD Grade A Officer - General Post

• Carry out clerical/managerial/any other task assigned by the CGM
   
• Dealing with policy issues of various state and central government programs related to Agriculture & Rural Development
   
• Liaison with Banking Industry and the State Government, that encompass the activities in rural areas
   
• Work under the Manager & do clerical work

Nature of Duties for NABARD Grade A IT Officer (Information & Technology Officer)

• Security
   
• Analytics
   
• Database Administration
   
• Application Development
   
• Networking
   
• Server Management and related fields
   
• Database Analysis (MySQL, Oracle, MSSQL)

Nature of Duties for NABARD Grade A Finance Officer

• Treasury Management
• Risk management
   
• Handling of regulatory and/or statutory compliances for public issues, retail bonds, etc.
   

Other Duties for Agriculture Engineering, Fisheries, Forestry, LD - Soil Science, Plantation/Horticulture, Civil engineering, Environmental Engg/Science, Finance, Computer/Information Technology, Agri Marketing/Agri Business Management, Development Management
 

• Identifying and mapping of resource potential under related sectors and sub-sectors of rural economy and SWOT analysis thereof, credit-linked planning, preparation of sectoral papers, State Focus Papers, etc.
   
• Meeting requests from client institutions, especially Banks and Government Departments, for periodic updating of techno-financial parameters and unit costs of various developmental activities.
   
• Provision of expert views, advisory services, consultancy, etc. to individual entrepreneurs, Corporates, Institutions, Government Departments etc. seeking such advice. This may be in contexts of preparation of DPRs, standardisation of techno-financial norms with specific reference to new agri-business ventures such as high-value agriculture, value chain financing, processing and value addition, organic farming, etc.
   
• Liaison with National / Regional Research Institutes to support their R&D interventions to develop solutions to field-level technical /operational problems and innovative technologies.
   
• Liaison with Line Departments of Central as well as State Governments, ICAR, and State Universities of related disciplines.
   
• Advisory services at the District/State/National level in the operationalization of several Government sponsored schemes pertaining to related disciplines.
   
• Representation on various technical committees/sub-groups constituted by State / National Level institutions etc. towards policy advocacy.
   
• Provision, and simultaneous internal capacity building, in the emerging areas of NABARD's interest and projects being implemented by NABARD requiring specialisations/expertise from related disciplines.
   
• Miscellaneous areas – suggestions/advice for effective policy formulations and business plans, Appraisal & Monitoring of proposals having NABARD's interest and/or involvement. Documentation of Success Stories and dissemination technology for replication. Any support related to technical discipline is sought from time to time.

NABARD Grade A Officer Probation Period

The initial appointment of a selected applicant will be on probation for a period of 02 years, which may, at the Bank's discretion, be extended for a further maximum period of one year.

NABARD Grade B Officer Salary Structure

Candidates selected as NABARD Grade B officers will draw a starting basic pay of Rs. 35150/- per month on the scale of Rs.35150 - 1750 (9) - 50900 - EB - 1750(2) - 54400 - 2000 (4) - 62400 (16 years)

NABARD Grade B Perks and Allowances

NABARD Grade B posts offer the following perks and allowances 

1. Dearness Allowance
    
2. Local Compensatory Allowance
    
3. House Rent Allowance (HRA)
    
4. Conveyance Allowance (CA)
    
5. Medical Allowance
    
6. Newspaper Expense Reimbursement
    
7. Leave Fare Concession Travel (LFC)
    
8. Bank Loan Facility
    
9. Pension

NABARD Grade B Job Profile

NABARD Grade B Managers can be posted in Rural areas where they work as Lead District Officers and monitor the flow of credit to agriculture & other priority sectors.

Roles and Responsibilities of NABARD Grade A Officer

• Develop & Maintain relationships with customers
   
• Develop & approve bank loans
   
• Monitor accounting procedures followed by the bank
   
• Ensure smooth functioning of the office and its employees
   
• Monitor several projects at the same time (multitasking)
   
• Coordinate with other departments & facilitate inter-departmental assignments

Probation Period

Candidates selected as Grade B officers have a 2-year probation period.