SEBI Grade A Salary 2024: The Securities and Exchange Board of India (SEBI) has Released the notification PDF regarding the updated salary structure for various posts. Under the new pay scheme, SEBI has increased the initial pay scale for Grade A officers to Rs 44,500 from the previous Rs. 28,150. Candidates interested in applying for SEBI Grade A Recruitment 2024 or already involved in the application process must familiarise themselves with this revised pay scale and other necessary details related to SEBI Grade A Salary 2024. This article comprehensively covers the details of the updated SEBI Grade A Salary 2024. which includes dearness allowance, HRA, traveling allowance, and additional benefits. The Securities Exchange & Board of India announced to postponement of SEBI Grade A notification 2024 due to Lok Sabha Elections. The recruitment exercise will start after the general elections.
SEBI Grade A Salary 2024
SEBI Grade A Salary 2024 is decided by The Securities & Exchange Board of India. Candidates who want to apply for SEBI Grade A 97 posts should know the salary structure, perks, and allowances to excel in their careers. The payscale of a Grade A officer is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years). Candidates can find detailed information on SEBI Grade A Salary 2024.
SEBI Grade A Salary 2024 Overview
Check out the detailed SEBI Grade A Salary structure covered. Candidates can check salary structure details regarding the SEBI Grade A Exam 2024 can taking a look at the table.
SEBI Grade A Salary 2024 | |
Conducting Body | Securities and Exchange Board of India (SEBI) |
Name of Exam | SEBI Grade A |
No. of Vacancies | 97 Posts |
Selection Process | Phase 1, Phase 2 & Interview |
SEBI Grade A Salary | Rs. 1,49,500/- (without accommodation) |
Payscale | Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years). |
Official Website Link | www.sebi.gov.in |
PM Telegram Link | https://t.me/RegulatoryPM |
SEBI Grade A In Hand Salary
The Securities & Exchange Board of India offers a lucrative salary package to a SEBI Grade A Officer. The salary with accommodation of a Grade A Officer is Rs. 1,10,000. SEBI Grade A Salary without accommodation is Rs.1,49,500. SEBI provides accommodation facilities to candidates joining as Assistant Manager position in the organization.
SEBI Grade A Roles and Responsibility 2024
Each stream in SEBI Grade A offers a different set of functions and responsibilities in the organization. The overall roles and responsibilities of an Assistant Manager working in The Securities & Exchange Board of India are listed below:
- Know roles and regulations to prove stocks as per laws.
- Grade A officer is responsible for the amendment of laws of stock exchanges.
- Inspecting books of accounts of companies whose shares are listed in the stock market.
- Taking initiatives to improve investors knowledge of share market working.
- Working on suspending security trading of a stock exchange.
- Assistant Manager handles responsibility to grant or withdraw recognition of stock exchange.
SEBI Grade A Gross Salary 2024
The pre-revised pay scale of officers in Grade A is Rs. 28150-1550(4)-34350-1750(7)-46600-EB1750(4)-53600-2000(1)-55600 (17 years). Check the complete details about SEBI Grade A Salary Structure from the table below.
SEBI Grade A Gross Salary 2024 | |
Basic Pay | Rs. 44,500 |
SEBI Grade A Salary Pay Scale | 44500-2500 (4)-54500-2850 (7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years) |
Increment | 4 stagnation increments |
Special Pay | Rs. 3300 (after completion of 1 year) |
Dearness Allowance | 30.38% of the basic pay |
Special Allowance | 16.4% of basic pay (minimum- Rs. 11,000) |
Family Allowance | Rs. 2850/- |
City Compensatory | 5% of basic pay (maximum- Rs.2500) |
Local Allowance | Rs. 3450 |
Learning Allowance | Rs. 2500 |
PFA | Rs. 3850 |
Grade Allowance | 14% of basic pay (minimum- Rs. 10,400) |
Special Compensatory Allowance | Rs. 500- Rs. 625 per month |
SEBI Grade A Benefits And Promotions
Benefits: Other benefits viz., 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 and all other benefits as admissible to an Officer in Grade A in SEBI.
- 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
SEBI Grade A Promotions
The SEBI Grade A Officer’s post (Assistant Manager) is an entry-level position. Candidates starting as Assistant Managers get the opportunity for advancement based on their performance and special skills. From an Assistant Manager, they can become Executive Director, which is the highest-ranking position within the Securities and Exchange Board of India (SEBI).
Here’s the promotion cycle given below:
- Assistant Manager (Grade A)
- Manager (Grade B)
- Assistant General Manager (Grade C)
- Deputy General Manager (Grade D)
- General Manager (Grade E)
- Chief General Manager (Grade F)
- Executive Director
SEBI Grade A Salary 2024 Full Video
Our Related Articles on SEBI Grade A 2024 | |
SEBI Grade A Eligibility | SEBI Grade A Syllabus |
SEBI Grade A Exam Pattern | SEBI Grade A Preparation Strategy |
SEBI Grade A Study Plan |
SEBI Grade A Salary 2024 FAQs
SEBI Grade A officer’s gross salary is Rs. 44,500.
Yes, SEBI Grade A Salary 2024 includes perks such as DA, HRA, medical & transport allowance.
The highest SEBI Grade A Salary offered Rs. 89,150 after 17 years of service.
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