SEBI Grade A Salary 2023
SEBI Grade A Salary 2023 is now out with the official notification for SEBI Grade A 2023 for the legal stream. There are 25 vacancies for Assistant Managers in SEBI. The details on salary and job profile can be one of the motivating factors for candidates aspiring for SEBI Grade A 2023. The salary structure for Grade A officers in SEBI is ₹ 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years). Here in this article, we have given all the details on SEBI Grade A Salary 2023.
SEBI Grade A Salary
SEBI Assistant Manager Salary, Perks, and Allowances should be known to all aspiring candidates. After the final selection as Officers in Grade A(Legal Stream), aspirants will have to undergo a Probation Period for 2 years. According to their performance in probation, candidates will get a confirmation to impart their service in SEBI. The given post comprises the SEBI Grade A Salary 2023 in a detailed manner.
SEBI Grade A Salary Overview
An overview of SEBI Grade A Salary 2023 comprising the important points is discussed in the given table.
|SEBI Grade A Salary 2023 Overview|
|Organization||Securities And Exchange Board of India|
|Exam Name||SEBI Grade A|
|Post||Grade A (Assistant Manager)|
|Language Of Exam||English|
|SEBI Grade A Basic Pay||Rs. 44500|
|Selection Process||Phase I, Phase II, and Interview|
|SEBI Grade A 2023 Salary||Check This Post in Hindi|
SEBI Grade A Salary 2023
The Gross Emolument of a SEBI Grade A (Assistant Manager) Legal Stream including basic pay, perks & allowances, and their Contribution towards the National Pension Scheme (NPS) at Mumbai is ₹1,49,500/- per month without accommodation and ₹1,11,000/- per month with accommodation.
SEBI Grade A Salary Structure 2023
The complete SEBI Grade A Salary Structure 2023 is given below in the following table.
|SEBI Grade A Salary Structure 2023|
|Basic Pay||Rs. 44,500/-|
|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 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|
|Grade Allowance||14% of basic pay (minimum- Rs. 10,400)|
|Special Compensatory Allowance||Rs. 500- Rs. 625 per month.|
SEBI Grade A Salary 2023 Pay Scale
Along with the Notification PDF, SEBI Salary 2023 has specified the Pay Scale for Officer Grade A (Assistant Manager)-Legal Stream which has been provided in the below table.
|SEBI Grade A Salary Pay Scale 2023|
|Pay Scale||28150-1550(4)- 34350- 1750(7)- 46600- EB- 1750(4)- 53600- 2000(1)- 55600(17 Years)|
|Revised Pay Scale||44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150(17 Years)|
SEBI Grade A Salary 2023 Perks and Allowances
Along with basic pay candidates appointed for the post of Assistant Manager are benefitted with the following perks and allowances.
- Grade Allowance
- Special Allowance
- Dearness Allowance
- Family Allowance
- Local Allowance
- Learning Allowance
- Special Grade Allowance
- Special Compensatory Allowance
An Officer in Grade A in SEBI enjoys various benefits other than the perks and allowances which are as follows: 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, etc. Residential Accommodations are also provided to the Assistant Managers subject to availability.
SEBI Grade A Salary 2023 Job Profile
Candidates interested for the SEBI Grade A Notification 2023 should also be familiar with the responsibilities that they have to perform after final selection. SEBI Grade A(Assistant Manager) Job Profile comprises the following duties.
- Conduct investigations pertaining to all sectors of the securities market, encompassing commodity derivative markets, and addressing all forms of violations within the securities market.
- Responsible for regulating Foreign Institutional Investors, Portfolio Managers, and Custodians.
- Involved in the issuance and listing of securities, which encompasses establishing criteria for initial listing as well as ongoing listing requirements.
- Entrusted with the enforcement of the SEBI legal framework and standards.
SEBI Grade A Salary 2023 Career Growth
Aspirants have ample opportunity to boost their career in SEBI after being appointed as Officer Grade A(Assistant Manager). The hierarchy of SEBI Grade A Career Growth is discussed below.
- Assistant Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
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