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!
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.
| 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 | No. of Questions | Max Marks | Cut off | Time |
| Paper II | 50 | 100 | 40% | 60 mins |
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 |
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. |
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) |
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:
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 |
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.
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!
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.
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