Life of a SIDBI Grade A Officer: Career Progression – Do you dream to be in SIDBI as a Grade A level officer? Dreams can come true if you make sincere efforts to achieve them. Getting into SIDBI is a life transforming opportunity for the young aspirants targeting government jobs in India. Are you among them? Follow this blog to get deeper into knowing about Life of a SIDBI Grade A Officer: Career Progression.
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SIDBI Grade A Salary & Career Progression
Grade A level post is an entry level position in SIDBI organization.Therefore, young graduates want to start their career then, SIDBI Grade A job is a wonderful opportunity for them to land into a leading government organization. SIDBI offers a well-paid and reputed job to the candidates joining as Grade A officers in the organization.
| Job Post | Salary |
| Assistant Manager Grade A | Basic Salary: Rs. 55,600/-Net Salary: Rs. 70,000/-Rs. 28,150-1,500(4 Increments)- Rs. 34,350 Rs. 34,350-1,750(7 Increments)- Rs. 46,600 46,600-EB-1,750(4 Increment)-Rs. 53,600 Rs. 53,600-2000-55,600 After 17 years of service |
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Facilities Provided to SIDBI Grade A Officer
SIDBI Grade A Officer enjoys amazing facilities and job perks apart from salary. Check the list of facilities provided to the Assistant Manager:
- Pension Leave
- Fare Concession
- Vehicle Loan
- Housing Loan
- Leased Flat Facility/Bank’s Accommodation
- Medical Expense Reimbursement
- Gratuity
SIDBI Grade A (Assistant Manager) Salary Structure
SIDBI Grade A (Assistant Manager) salary structure details are compiled in the table format given below. Candidates can take a look at the detailed salary structure of Assistant Manager.
| Basic Pay of SIDBI Grade A | 28150 |
| SIDBI Grade A Officer Increments | 4 Stagnation Increments |
| Local Allowance | 5% of Pay |
| House Rent Allowance | 10% of Pay |
| Family Allowance | 4% of Pay |
| Grade Allowance | 6000 |
| Special Allowance | 6500 |
| Special Compensation Allowance | 625 |
| SIDBI Grade A Officer Special Pay | 2000 |
| SIDBI Grade A Officer Net Salary | 70,000 |
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SIDBI Grade A Officer Perks & Allowances
- Dearness Allowance
- Learning Allowance
- Grade Allowance
- Local Allowance
- City Compensatory Allowance
- Family Allowance
- Special Allowance
- House Rent Allowance
Career Growth of SIDBI Grade A Officer
SIDBI gives you opportunity and career growth while you join the organization on the Grade A (Assistant Manager) post. Let’s take a look at the career progression once you join SIDBI as Grade A officer.
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Deputy Managing Director
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Final Takeaway: Track Your Progress by Consistent Practice to Crack SIDBI Grade A Exam
Does the salary & perks offered by SIDBI to Grade A officers look tempting to you? Are you actually targeting this exam? Only consistent practice and focus can help to get through the online examination and interview of SIDBI. Strategize your preparation with a SIDBI Grade A FREE Mock Test to track your progress to achieve your goal to become Assistant Manager. Signup Right Now! To Grab a FREE Mock Test to Analyze your Overall Performance. We can expect SIDBI’s 2023 official notification to be out in December 2023 and exam date expected in January considering the past year’s trends.
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