SEBI Grade A Salary 2022, Revised Salary Structure, Job Profile & Benefits_00.1
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SEBI Grade A Salary 2022, Revised Salary Structure, Job Profile & Benefits

The salary of a SEBI Grade A officer is one of the most lucrative factors that attracts thousands of candidates for the post of SEBI Grade A (Assistant Manager). Not only the salary there are various perks that are also allotted to the candidate who is selected for the post of SEBI Grade A. On 7th January 2022, SEBI has released the SEBI Grade A Revised Salary 2022 on its official website. The SEBI has decided to revise the existing pay and allowances of the SEBI Employees. The detailed SEBI Grade A Salary 2022 which includes the revised pay scale and allowances are provided in the article below. The securities exchange board of India has issued a notification for SEBI Grade A 2022 on 5 January 2022.. along with this notification a total of 120 vacancies were announced for the post of assistant manager.

SEBI Grade A 2022 Notification Out

SEBI Grade A Salary 2022

It is important for all the candidates to know the detailed salary structure of a post for which they are willing to apply. The SEBI will offer an in-hand salary of 1,15,000/- p.m. without accommodation and ₹80,500/- p.m. with accommodation to the SEBI Grade A employees. Candidates who are willing to apply for the post of SEBI Grade A 2022 can start filling the online application form from 5th January 2022 till 24 January 2022. Before they apply online it is important to check the detailed salary structure and other perks and allowances given to the candidate who will be selected for the post of SEBI Grade A.

 SEBI Grade A Salary 2022 Notification

SEBI Grade A Salary 2022: Pay Scale

As mentioned above, the SEBI has released the Notification PDF for the SEBI Grade A revised salary 2022 on its official website. Candidates are advised to check the revised post-wise pay scale under SEBI Grade A 2022 is provided in the table below.

Sr. No. Grade Existing Scale(Rs) Revised Scale(Rs)
1 Grade ‘A’ 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600-2000(1)-55600(17 years) 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years)

SEBI Grade A Perks and Allowances

Apart from the Salary, a SEBI Grade A employee gets various perks and allowances like Medical allowances, Dearness Allowances, Local Allowances, Monthly Petrol Allowance, Quarterly Allowances, and House Rent Allowance. Other allowances granted to the SEBI Grade A (Assistant Manager) apart from the salary are given in the infographic below.

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Special Functional Allowance

The special functional allowance will be paid to private secretaries attached to the chairman’s Secretariat and Office of Whole Time Members. Candidates can have a look at the table provided below at the Special Functional Allowance:

Grade Amount
Private Secretary in Grade A 4,000
Private Secretary in Grade B 5,000
Private Secretary in Grade C 6,000

Dearness Allowance

The dearness allowance is paid to the employees. Candidates can have a look at the table of DA from November 2017 to January 2022

Period Revised DA
November 2017-January 2018 2.66%
February 2018-April 2018 3.43%
May 2018-July 2018 3.57%
August 2018-October 2018 4.41%
November 2018 – January 2019 9.03%
February 2019 – April 2019 9.31%
May 2019 – July 2019 11.69%
August 2019 – October 2019 14.21%
November 2019 – January 2020 16.73%
February 2020 – April 2020 19.67%
May 2020 – July 2020 19.81%
August 2020 – October 2020 20.79%
November 2020-January 2021 23.87%
February 2021 – April 2021 26.18%
May 2021 – July 2021 25.69%
August 2021 – October 2021 27.79%
November 2021 – January 2022 30.38%

Special Compensatory Allowance

The Special Compensatory allowance paid to the SEBI Grade A employees are discussed below:

Pay Amount of SCA
Up to 1,20,850 500 p.m.

Grade Allowance

The SEBI Grade A officers will get 14% of basic pay which is subjected to the minimum amount of 10,400/-.

Special Allowance

Candidates who will be selected as the SEBI Grade A officers will get a special allowance of 16.4% of basic pay, subject to a minimum of 11000.

Learning Allowance

The learning allowance will be Rs 2500 per month for the employees of SEBI Grade A.

Personal Fixed Allowance

The PFA will be provided to the employees of SEBI Grade A of the amount of Rs 3850 pm

Family Allowance

The amount of 2850 p.m. will be paid as the family allowance to the candidates who will be selected for the  SEBI Grade A 2022.

 

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SEBI Grade A Job Profile

The job profile of SEBI Grade A officer depends on the discipline i.e. IT, legal, Engineering (Civil), etc. Moreover, there are many departments in SEBI like the Corporate Finance Department, General Service Department, etc. which work in coordination with each other.  The job profile of SEBI Grade A Officer is as follows:

  • The Officer is supposed to Conduct investigations related to all segments of the securities market including commodity derivative markets as well as all types of violations related to the securities market.
  • The officer Registers and regulates mutual funds, venture capital funds, foreign venture capital investors, collective investment schemes, including plantation schemes, Foreign Institutional Investors, Portfolio Managers, and Custodians.
  • The officer Issue and list of securities, including initial and continuous listing requirements
  • The officer is also responsible for the enforcement of the SEBI legal framework and norms.

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SEBI Grade A Career Growth

The post of SEBI Grade is also very coveted in the government sector because of career growth. Let us look at the hierarchy of the SEBI Grade A Employee and his growth.

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SEBI Grade A 2022 – Exam Kit

SEBI Grade A Salary 2022: FAQs

Q1: What is the career growth aspect of  SEBI Grade A Officer 2022?
Answer:  A directly recruited SEBI Grade A officer can rise up to the post of Executive Director.

Q2: Can a  Freshers apply for SEBI Grade A Officer exam 2022?

Answer: Yes! Freshers can apply for SEBI Grade A officer provided they have relevant educational qualifications.

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