It is a well-known fact that working in NABARD as a Grade A officer is a prestigious and proud feeling. No one would not let it off such an immense lifetime opportunity. Still, candidates have to pass through the exhaustive selection process to achieve the goal of getting into NABARD as a Grade A officer.
NABARD is an apex banking institution assigned the task to handle regulating and licensing all regional rural banks in India. Getting into such a reputed institution needs extremely efficient employees in the organization. NABARD is demanding is such top-level skills and efficiency then, the establishment takes care of the monetary needs of its employees too.
NABARD Grade A Job Profile, Salary & Perks
NABARD provides attractive perks and salary hikes to the Grade A officers working in the organization. Moreover, the basic salary (Gross) of a Grade A officer is Rs. 44500.
Basic Salary Structure of NABARD Grade A Officer: Rs.44,500/-Scale: 44500 – 2500 (4) – 54500 – 2850 (7) – 74450 – EB – 85850 – 3300 (1)- 89150 (17 years)
Increment & Promotions: First 4 Years: Rs.2500, Next 7 Years: Rs. 2850 & Next 4 Years: Rs. 3500
Perks & Additional Benefits Offered
- Dearness Allowance
- House Rent Allowance
- Grade Allowance
- Family Allowance
- Local Allowance
- Medical Expenses Reimbursement
- Gratuity, Term Insurance with Enrollment to New Pension Scheme
- Accommodation Facility
- Telephone, Newspaper, and Maid Allowance
- Furniture Allowance
- Interest-free festival advance
- Loans at Concessional Interest Rates
Do Candidates get Home Posting after qualifying for NABARD Grade A?
Most candidates are seriously looking for if they can get a home posting after clearing the NABARD Grade A selection process or not. Still, it depends on the recruitment authorities giving the city postings to candidates who join the organization as Assistant Managers.
- However, it is impossible for newly joined candidates to get home postings after getting into NABARD as a Grade A officer (Assistant Manager).
- Initially, the probation period is of two years and the extension depends on the authorities. In such situations, NABARD sends candidates to those locations where they get maximum learning to improve to know job roles and responsibilities.
- Female candidates joined as Grade A officers can apply for home postings after marriage and to take care of children.
- Still, home posting is impossible in case of male officers working on the Assistant Manager position in NABARD. Furthermore, they can apply for home postings after completing a certain period of time in the organization.
- If there is any medical emergency male and female staff working in NABARD can apply for home posting.
- Meanwhile, NABARD started providing city preference to qualified candidates as Grade A officers. There is a chance that candidates can put preference of home state and can apply for it.
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