NABARD Grade A Salary 2023
The official Notification PDF for NABARD Grade A has been released, outlining the NABARD Grade A Salary 2023. Candidates interested in the Assistant Manager position at NABARD should familiarize themselves with the examination details and salary structure. According to the PDF, Grade A Officers receive a basic pay ranging from Rs. 44,500 to Rs. 89,150 over the course of 17 years, with periodic increments. The given article comprises detailed NABARD Grade A Salary 2023, Salary Structure, Perks & Allowances.
NABARD Grade A Salary
The NABARD Grade A Salary 2023 is amongst the most attractive salary packages offered by NABARD. The National Bank for Agriculture and Rural Development is a primary financial institution catering to rural growth and development. The candidates get a very attractive salary package and allowances and benefits as a part of the overall salary structure. As per available information, the monthly gross emoluments are approximately Rs. 1,00,000/- including the basic pay, perks and allowances for the Assistant Manager in NABARD. Here candidates can get all the details on NABARD Grade A Salary 2023.
NABARD Grade A Salary: Overview
The NABARD Grade A 2023 is out for 150 vacancies. The information on salary and job profile can help candidates to stay motivated for the upcoming examination. Here candidates can get an overview of the NABARD Grade A Salary 2023 Structure.
NABARD Grade A Salary 2023: Overview | |
Organization | National Bank for Agriculture and Rural Development |
Exam Name | NABARD Grade A Exam |
Post | Grade A Officer |
Vacancy | 150 |
Basic Pay | Rs.44,500/- Per Month |
Initial Monthly Gross Emoluments | Rs. 1,00,000/- |
Official website | www.nabard.org/ |
NABARD Grade A Salary Structure 2023
The NABARD Grade A Salary 2023 as per the salary structure mentioned in the official notification. The candidates who will be selected as NABARD Grade A Officers in 2023 will be drawing a salary based on a pay scale of Rs. 44500 – 2500 (4) – 54500 – 2850 (7) – 74450 – EB – 2850 (4)– 85850 – 3300 (1) – 89150 (17 Years). As per the official notification for 2023, the gross monthly emoluments are approximately Rs. 1,00,000/-. Here are the details on the salary structure for NABARD Garde A 2023.
NABARD Grade A Salary 2023: Increments
The salary structure has details on increments in NABARD Grade A Salary 2023. The basic salary of Grade A Officers increases with time, which is reflected in other components that a based on the basic salary. Here is the interpretation of NABARD Grade A Salary 2023 as mentioned in the official notification for NABARD Grade A.
NABARD Grade A Salary 2023: Increments & Basic Pay | ||
Time Period |
Basic Pay (INR) |
Increment (INR) |
For the first four years |
Rs. 44500 |
Rs. 2500 |
For the next 7 years |
Rs. 54500 |
Rs. 2850 |
For the next 4 years |
Rs. 74450 |
Rs. 2850 |
For the next 4 years |
Rs. 85850 |
Rs. 3300 for 1 year |
Max. Basic Pay |
Rs. 89150 |
Till retirement |
NABARD Grade A Salary: Allowances
The candidates must note that NABARD Grade A is one of the most attractive government jobs. Besides the basic salary and prestige of being a Grade A Officer in the National Bank for Agriculture and Rural Development, it is the allowances and benefits that make the salary much more lucrative and the job overall very attractive. Here in this space, we have given all the information on allowances offered as a part of NABARD Grade A Salary 2023.
- Local Compensatory Allowance: An allowance provided to employees to compensate for the difference in the cost of living between their place of work and their hometown.
- House Rent Allowance: An allowance given to employees to cover their rental expenses for accommodation if they do not reside in government-provided quarters.
- Dearness Allowance: An allowance granted to employees to adjust their salaries according to the rising cost of living and inflation.
- Grade Allowance: An additional allowance given to employees based on their grade or level in the organization’s pay structure.
- Family Allowance: An allowance provided to employees to support their family’s financial needs and expenses.
- Dispensary Allowance: An allowance given to employees to cover medical expenses or access medical facilities provided by the organization.
- Furniture Allowance: An allowance granted to employees to purchase or maintain furniture for their official or residential use.
NABARD Grade A Probation Period
The candidates who will be selected as the Grade A Officers will have to undergo a probation period of 2 years. The candidates must note that this is a mandatory probation period. Candidates will be paid full salary during probation.
NABARD Grade A Job Profile
The NABARD Grade A 2023 is a managerial-level job. The job profile Assistant Manager includes the following responsibilities that candidates should be aware of:
- Policy Implementation: Assistant Managers are responsible for implementing various policies mandated by the State and Central government.
- Multitasking: Assistant Managers are not assigned to a specific task but are expected to perform multitasking. They need to handle multiple responsibilities and duties simultaneously.
- Fulfilling Assignments: Assistant Managers are entrusted with fulfilling the work assigned by the Chief General Manager of the Regional Office (RO). They play a crucial role in completing tasks and projects as directed.
NABARD Grade A Salary: Career Growth
After being selected for the NABARD Grade A post, candidates have opportunities for further promotions through departmental exams and interviews. As a managerial post, the promotion hierarchy for NABARD Grade A is as follows:
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Director
NABARD Grade A Salary 2023 in Hindi
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