IFSCA Grade A Phase I Exam is expected to be conducted in March/April 2023. If you’re among the millions of aspirants who feel attracted to the IFSCA Grade A 2023 Exam, because of the salary package and benefits it offers, this article is for you. The IFSCA Assistant Manager’s Salary is one of the major reasons why candidates want to enter this domain apart from the security, allowances, and perks it offers.
So, let’s check out all the details of the Assistant Manager Salary and the Benefits that you can reap from this post!
Sign up for IFSCA Assistant Manager Free Mock Test!👈🫵
IFSCA Grade A Recruitment 2023: Exam Pattern
Two papers will be included in the Phase 1 Test for IFSCA Recruitment 2023. 40% is the overall cut-off needed to pass the first stage of the online exam. The table below contains the IFSCA Grade A (Assistant Manager) Exam Pattern for the phase 1 online examination for both examinations for all interested candidates to review.
Paper I Exam Pattern:
| Subjects | No.of questions | Max Marks | Cut-Off | Time |
| General Awareness(Financial Sector) | 25 | 25 | ||
| English Language | 25 | 25 | ||
| Quantitative Aptitude | 25 | 25 | ||
| Reasoning | 25 | 25 | ||
| Total | 100 | 100 | 30% | 60 mins |
Paper II Exam Pattern
| Paper | No. of Questions | Max Marks | Cut off | Time |
| Paper II | 50 | 100 | 40% | 60 mins |
IFSCA Grade A Recruitment 2023
Aspirants will get a summary of IFSCA Recruitment 2023 in the following table including all of the key information regarding the examination.
| Organization | International Financial Services Centres Authority |
| Exam Name | IFSCA Exam 2023 |
| Post | Assistant Manager |
| Vacancy | 20 |
| Selection Process | Phase 1, Phase 2, Interview |
| Application Mode | Online |
| Official Website | @https://www.ifsca.gov.in |
Important Dates for IFSCA 2023 Recruitment
The table enlists the important dates for IFSCA Assistant Manager Recruitment 2023.
| Process | Date |
| IFSCA Recruitment 2023 Notification PDF | 11 February 2023. |
| IFSCA Recruitment 2023 Apply Online Start Date | 11 February 2023. |
| Last Day to Apply Online for IFSCA Recruitment 2023 | 03 March 2023. |
| IFSCA Admit Card 2023 | To be sent through email/SMS one week before the exam. |
| IFSCA Phase I Exam | March/April 2023. |
| IFSCA Phase II Exam | April/May 2023. |
Sign up for IFSCA Assistant Manager Free Mock Test!👈🫵
IFSCA Grade A 2023 Exam-Assistant Manager Salary & Benefits
IFSCA Grade A Salary is amazing. The aspirants who will start their careers or join as IFSCA Grade A Assistant Managers. After getting selected, a candidate for the post of Grade A Officer in the International Financial Services Centres Authority will have to work on a probation period of 2 years. After a satisfactory performance during the probation period, he/she will be confirmed. The pay scale of officers in Grade A will be Rs. 44500-with an increment of 2,500 every year.
Take a look at the table below for a detailed IFSCA Grade A Salary Structure:
| 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 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 Vacancy 2023
Please take a look at the table below to check the category-wise vacancy for IFSCA Recruitment 2023.
| Category | Vacancy |
| UR | 10 |
| EWS | 1 |
| OBC | 5 |
| SC | 3 |
| ST | 1 |
| Total | 20 |
Conclusion
Now that you know about all the benefits that you can get by serving as an IFSCA Grade A officer, it’s time you should start the preparation without waiting for the notification announcing the nearby exam date. Take a Free IFSCA Grade A (Assistant Manager) 2023 Mock Test and start your preparation today. Don’t forget the earlier you’ll begin the sooner you’ll finish the syllabus and the more will be the chances of clearing the upcoming exam with confidence.
IFSCA Grade A 2023 Mock Tests for Ultimate Success
PracticeMock.com provides brilliant Online Mock Test Series for the IFSCA Grade A 2023 Exam, which closely emulates the latest exam pattern and level of questions that are asked in the exam. Deepthi’s testimonial above bears witness to our dedication to helping students in the best possible way!
Get a FREE Mock Test now, and follow our Tests Series to taste phenomenal success!
IFSCA Grade A Salary FAQs
Q1. What is the basic salary/pay of an IFSCA Grade A Assistant Manager?
Ans. The basic IFSCA Grade A Salary is Rs 44,500.
Q2. What are the gross emoluments that a candidate gets per month?
Ans. The gross emoluments that the candidate enjoys are Rs 1,43,000 per month.
Q3. What are the IFSCA Assistant Manager perks & allowances?
Ans. There are multiple allowances including Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc.
Q4. Where will the candidates appointed as IFSCA Grade A Assistant Manager be posted after selection?
Ans. The candidates can be posted anywhere in India or abroad in IFSCA’s offices.
Q5. What is the range of IFSCA Grade A Salary?
Ans. The range for IFSCA Grade A Salary is from Rs 44,500 to Rs 89,150.
- Sign Up on Practicemock for Updated Current Affairs, Free Topic Tests and Free Mini Mocks
- Sign Up Here to Download Free Study Material
Free Mock Tests for the Upcoming Exams
- RRB PO 2024 Free Mock Test
- RRB Clerk 2024 Free Mock Test
- SSC MTS Free Mock Test
- SSC CHSL Free Mock Test
- SSC CGL Free Mock Test
- GATE Mechanical Free Mock Test
- GATE Civil Free Mock Test
- NABARD Gr. A Free Mock Test
- SBI Clerk Mains Free Mock Test
- SSC CPO Free Mock Test
- AFCAT Free Mock Test
- CAT Free Mock Test
- NIACL Assistant Free Mock Test
- UIIC AO Free Mock Test
- UIIC Assistant Free Mock Test
- GIC Assistant Manager Free Mock Test
- NICL AO Free Mock Test
- Free SSC Live Test
- UPSC CSAT Free Mock Test
- CDS-I Free Mock Test
- RRB ALP Free Mock Test